BancShares had goodwill of $418 million and $346 million at September 30, 2026 and December 31, 2025, respectively. All of BancShares’ goodwill relates to the General Bank reporting unit. Refer to Note 2—Business Combinations for discussion of goodwill associated with the BMO Branch Acquisition. There was no goodwill impairment during the nine months ended September 30, 2026 or 2025.


dollars in millions	September 30, 2026		December 31, 2025
Balance at January 1	$	346	$	346
BMO Branch Acquisition goodwill	72		—
Balance at end of period	$	418	$	346

Core deposit intangibles represent the estimated fair value of core deposits acquired in business combinations, including the BMO Branch Acquisition. Core deposit intangibles are amortized over their estimated useful lives. Refer to Note 2—Business Combinations for discussion of core deposit intangibles associated with the BMO Branch Acquisition.


	Nine Months Ended September 30,
dollars in millions	2026
Balance at beginning of period, net of accumulated amortization	$	195
BMO Branch Acquisition core deposit intangibles	192

Less: amortization for the period	38
Balance at end of period, net of accumulated amortization	$	349

The following table summarizes the accumulated amortization balance for core deposit intangibles:


dollars in millions	September 30, 2026		December 31, 2025
Gross balance	$	693	$	501
Less: accumulated amortization	344		306
Balance, net of accumulated amortization	$	349	$	195

The following table summarizes the expected amortization expense as of September 30, 2026 in subsequent periods for core deposit intangibles:


dollars in millions
Remainder 2026	$	22
2027	80
2028	70
2029	61
2030	53
2031	37
Thereafter	26
Balance, net of accumulated amortization	$	349