v3.26.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
INTEREST INCOME        
Interest and fees on loans and leases $ 699 $ 619 $ 2,066 $ 1,736
Interest and dividends on investment securities:        
Taxable 105 89 306 238
Exempt from federal income tax 11 8 35 22
Dividends 4 4 11 10
Interest on temporary investments and interest-bearing deposits 13 20 40 52
Total interest income 832 740 2,458 2,058
INTEREST EXPENSE        
Interest on deposits 171 195 528 552
Interest on securities sold under agreement to repurchase and federal funds purchased 0 1 2 3
Interest on borrowings 38 30 107 101
Interest on subordinated and junior subordinated debentures 8 9 23 26
Total interest expense 217 235 660 682
Net interest income 615 505 1,798 1,376
PROVISION FOR CREDIT LOSSES  33 70 88 127
Net interest income after provision for credit losses 582 435 1,710 1,249
NON-INTEREST INCOME        
Residential mortgage banking revenue, net 9 7 28 24
(Loss) gain on investment securities, net (8) 2 (9) 4
Gain on loan and lease sales, net 0 0 1 0
(Loss) gain on certain loans held for investment, at fair value (3) 4 (6) 11
Bank-owned life insurance income 9 6 27 16
Other income 17 13 49 31
Total non-interest income 80 77 251 208
NON-INTEREST EXPENSE        
Salaries and employee benefits 191 171 583 471
Occupancy and equipment, net 63 54 194 149
Communications 4 3 13 10
Marketing 6 4 16 10
Services 15 15 46 42
Deposit costs 15 6 43 10
FDIC assessments 9 8 27 24
Intangible amortization 38 31 117 85
Merger and restructuring expense 2 87 35 109
Legal settlement 0 0 0 55
Other expenses 27 14 65 46
Total non-interest expense 370 393 1,139 1,011
Income before provision for income taxes 292 119 822 446
Provision for income taxes 72 23 202 111
Net income $ 220 $ 96 $ 620 $ 335
Earnings per common share:        
Basic (in dollars per share) $ 0.78 $ 0.40 $ 2.17 $ 1.53
Diluted (in dollars per share) $ 0.78 $ 0.40 $ 2.16 $ 1.53
Weighted average number of common shares outstanding:        
Basic (in shares) 279,221 237,838 285,128 218,694
Diluted (in shares) 280,338 238,925 286,246 219,712
Service charges on deposits        
NON-INTEREST INCOME        
Revenue from contract with customer $ 24 $ 21 $ 67 $ 60
Card-based fees        
NON-INTEREST INCOME        
Revenue from contract with customer 17 15 49 42
Financial services and trust revenue        
NON-INTEREST INCOME        
Revenue from contract with customer $ 15 $ 9 $ 45 $ 20