v3.26.3
SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following tables present the condensed income statements by segment and include the significant segment expenses and measure of segment profit or loss.

dollars in millionsThree Months Ended September 30, 2026
General BankCommercial BankRail
Corporate (1)
BancShares (2)
Net interest income (expense)$829 $848 $(60)$82 $1,699 
Rental income on operating lease equipment— 51 237 — 288 
All other noninterest income184 269 2 (9)446 
Total noninterest income184 320 239 (9)734 
Total revenue1,013 1,168 179 73 2,433 
Depreciation on operating lease equipment— 41 59 — 100 
Maintenance and other operating lease expenses— — 66 — 66 
Personnel cost225 186 7 424 842 
Acquisition-related expenses— — — 18 18 
All other noninterest expense (3)
397 398 19 (267)547 
Total noninterest expense622 625 151 175 1,573 
Provision for credit losses37 18 — — 55 
Income (loss) before income taxes354 525 28 (102)805 
Income tax expense (benefit)88 131 7 (27)199 
Net income (loss)$266 $394 $21 $(75)$606 
Select Period End Balances
Loans and leases$64,988 $92,119 $83 $— $157,190 
Operating lease equipment, net— 717 9,048 — 9,765 
Investment securities18 — — 44,857 44,875 
Deposits81,381 47,151 2 56,730 185,264 
Three Months Ended September 30, 2025
General BankCommercial BankRail
Corporate (1)
BancShares (2)
Net interest income (expense)$846 $796 $(55)$147 $1,734 
Rental income on operating lease equipment— 54 219 — 273 
All other noninterest income166 236 2 22 426 
Total noninterest income166 290 221 22 699 
Total revenue1,012 1,086 166 169 2,433 
Depreciation on operating lease equipment— 43 55 — 98 
Maintenance and other operating lease expenses— — 67 — 67 
Personnel cost210 184 6 417 817 
Acquisition-related expenses— — — 28 28 
All other noninterest expense (3)
372 412 16 (319)481 
Total noninterest expense582 639 144 126 1,491 
Provision for credit losses1 190 — — 191 
Income before income taxes429 257 22 43 751 
Income tax expense109 64 5 5 183 
Net income$320 $193 $17 $38 $568 
Select Period End Balances
Loans and leases$65,225 $79,470 $63 $— $144,758 
Operating lease equipment, net— 737 8,709 — 9,446 
Investment securities— — — 45,124 45,124 
Deposits74,596 42,869 2 45,723 163,190 
(1) Corporate includes all other financial information that is not included in the reportable segments.
(2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate.
(3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes allocated expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of allocated expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above.
dollars in millionsNine Months Ended September 30, 2026
General BankCommercial BankRail
Corporate (1)
BancShares (2)
Net interest income (expense)$2,461 $2,455 $(177)$237 $4,976 
Rental income on operating lease equipment— 160 689 — 849 
All other noninterest income543 769 18 23 1,353 
Total noninterest income543 929 707 23 2,202 
Total revenue3,004 3,384 530 260 7,178 
Depreciation on operating lease equipment— 127 175 — 302 
Maintenance and other operating lease expenses— — 198 — 198 
Personnel cost649 571 21 1,314 2,555 
Acquisition-related expenses— — — 31 31 
All other noninterest expense (3)
1,174 1,202 54 (856)1,574 
Total noninterest expense1,823 1,900 448 489 4,660 
Provision for credit losses108 9 — — 117 
Income (loss) before income taxes1,073 1,475 82 (229)2,401 
Income tax expense (benefit)263 362 20 (56)589 
Net income (loss)$810 $1,113 $62 $(173)$1,812 
Nine Months Ended September 30, 2025
General BankCommercial BankRail
Corporate (1)
BancShares (2)
Net interest income (expense)$2,458 $2,371 $(160)$423 $5,092 
Rental income on operating lease equipment— 164 651 — 815 
All other noninterest income494 665 7 31 1,197 
Total noninterest income494 829 658 31 2,012 
Total revenue2,952 3,200 498 454 7,104 
Depreciation on operating lease equipment— 131 165 — 296 
Maintenance and other operating lease expenses— — 180 — 180 
Personnel cost627 557 20 1,241 2,445 
Acquisition-related expenses— — — 108 108 
All other noninterest expense (3)
1,100 1,254 56 (955)1,455 
Total noninterest expense1,727 1,942 421 394 4,484 
Provision for credit losses60 400 — — 460 
Income before income taxes1,165 858 77 60 2,160 
Income tax expense (benefit)298 218 19 (1)534 
Net income$867 $640 $58 $61 $1,626 
(1) Corporate includes all other financial information that is not included in the reportable segments.
(2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate.
(3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes allocated expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of allocated expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above.