v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 727 $ 683
Money market investments:    
Interest-bearing deposits 3,533 2,202
Federal funds sold and securities purchased under agreements to resell 1,310 1,420
Trading securities, at fair value 191 64
Investment securities:    
Available-for-sale, at fair value 8,786 9,207
Held-to-maturity, at amortized cost (fair value: $7,856 and $8,940) 8,268 8,867
Total investment securities 17,054 18,074
Loans held for sale (includes $34 and $71 of loans carried at fair value) 49 201
Loans and leases, net of unearned income and fees 1 [1] 62,472 60,900
Allowance for loan and lease losses 645 678
Loans held for investment, net of allowance 61,827 60,222
Other noninterest-bearing investments 1,069 1,076
Premises, equipment and software, net 1,354 1,363
Goodwill and intangibles 1,313 1,091
Other real estate owned 4 5
Other assets 1 [1] 2,489 2,289
Total assets 90,920 88,690
Deposits:    
Noninterest-bearing demand 26,371 25,823
Interest-bearing:    
Savings and money market 42,319 39,914
Time 9,258 9,907
Total deposits 77,948 75,644
Federal funds and other short-term borrowings 1 [1] 843 2,872
Long-term debt 2,416 1,472
Reserve for unfunded lending commitments 51 46
Other liabilities 1 [1] 1,978 1,476
Total liabilities 83,236 81,510
Shareholders’ equity:    
Preferred stock, without par value; authorized 4,400 shares 66 66
Common stock ($0.001 par value; authorized 350,000 shares; issued and outstanding 144,943 and 147,653 shares) and additional paid-in capital 1,536 1,726
Retained earnings 8,071 7,329
Accumulated other comprehensive income (loss) (1,989) (1,941)
Total shareholders’ equity 7,684 7,180
Total liabilities and shareholders’ equity $ 90,920 $ 88,690
[1] Effective in the first quarter of 2026, we changed our accounting policy to present qualifying derivative assets and liabilities, along with the associated rights to reclaim or obligations to return cash collateral, on a net basis for all eligible arrangements rather than on a gross basis. Prior period results have been recast to conform to this presentation.