Loans and ACL (Tables)

6 Months Ended

Jun. 30, 2026

Aging Analysis of Past Due Loans and Leases

The following tables present loans and leases HFI by aging category. Government guaranteed loans are not placed on nonperforming status regardless of delinquency because collection of principal and interest is reasonably assured.


	Accruing						Nonperforming
June 30, 2026 (Dollars in millions)	Current		30-89 Days Past Due		90 Days Or More Past Due(1)		Without an ALLL		With an ALLL		Total
Commercial:
Commercial and industrial	$	168,025	$	142	$	2	$	98	$	559	$	168,826
CRE	25,338		95		3		—		43		25,479
Commercial construction	7,350		—		—		—		22		7,372

Consumer:
Residential mortgage	55,143		665		593		—		231		56,632
Home equity	9,519		52		8		—		98		9,677
Indirect auto	22,750		521		—		—		569		23,840
Other consumer	32,835		232		25		—		72		33,164

Credit card	4,672		67		67		—		—		4,806

Total	$	325,632	$	1,774	$	698	$	98	$	1,594	$	329,796
(1)Includes government guaranteed loans of $560 million in the residential mortgage portfolio.

	Accruing						Nonperforming
December 31, 2025 (Dollars in millions)	Current		30-89 Days Past Due		90 Days Or More Past Due(1)		Without an ALLL		With an ALLL		Total
Commercial:
Commercial and industrial	$	166,839	$	127	$	3	$	5	$	834	$	167,808
CRE	23,648		25		—		—		47		23,720
Commercial construction	7,706		36		—		—		41		7,783

Consumer:
Residential mortgage	55,338		686		570		6		207		56,807
Home equity	9,544		69		7		1		98		9,719
Indirect auto	24,713		679		—		—		267		25,659
Other consumer	31,801		281		28		—		71		32,181

Credit card	4,765		77		76		—		—		4,918

Total	$	324,354	$	1,980	$	684	$	12	$	1,565	$	328,595
(1)Includes government guaranteed loans of $532 million in the residential mortgage portfolio.

Carrying Amounts by Risk Rating

The following tables present the amortized cost basis of loans by origination year and credit quality indicator:


As of / for the six months ended June 30, 2026 (Dollars in millions)	Amortized Cost Basis by Origination Year												Revolving Credit		Loans Converted to Term		Other(1)
	2026		2025		2024		2023		2022		Prior								Total
Commercial:
Commercial and industrial:
Pass	$	21,710	$	30,724	$	9,990	$	6,365	$	10,443	$	19,155	$	66,150	$	—	$	(281)	$	164,256
Special mention	248		148		94		106		158		212		564		—		—		1,530
Substandard	60		463		251		285		123		304		897		—		—		2,383
Nonperforming	2		27		89		56		152		92		239		—		—		657
Total	22,020		31,362		10,424		6,812		10,876		19,763		67,850		—		(281)		168,826
Gross charge-offs	11		22		41		6		6		21		172		—		—		279
CRE:
Pass	4,964		7,443		1,087		1,165		2,939		4,637		1,210		—		(99)		23,346
Special mention	35		94		3		15		164		376		—		—		—		687
Substandard	111		326		32		385		237		256		56		—		—		1,403
Nonperforming	—		—		—		1		30		12		—		—		—		43
Total	5,110		7,863		1,122		1,566		3,370		5,281		1,266		—		(99)		25,479
Gross charge-offs	—		3		—		—		4		1		—		—		—		8
Commercial construction:
Pass	688		1,868		615		628		269		42		1,930		—		—		6,040
Special mention	35		6		—		21		221		—		153		—		—		436
Substandard	139		158		—		88		486		—		3		—		—		874
Nonperforming	—		—		—		—		—		—		22		—		—		22
Total	862		2,032		615		737		976		42		2,108		—		—		7,372
Gross charge-offs	—		—		—		—		—		—		18		—		—		18







Consumer:
Residential mortgage:

Current	2,901		5,369		3,421		2,169		11,232		30,051		—		—		—		55,143
30 - 89 days past due	6		16		22		32		72		517		—		—		—		665
90 days or more past due	—		14		40		95		69		375		—		—		—		593
Nonperforming	—		5		6		11		42		167		—		—		—		231
Total	2,907		5,404		3,489		2,307		11,415		31,110		—		—		—		56,632
Gross charge-offs	—		—		—		—		—		2		—		—		—		2
Home equity:

Current	—		—		—		—		—		—		6,739		2,780		—		9,519
30 - 89 days past due	—		—		—		—		—		—		38		14		—		52
90 days or more past due	—		—		—		—		—		—		6		2		—		8
Nonperforming	—		—		—		—		—		—		43		55		—		98
Total	—		—		—		—		—		—		6,826		2,851		—		9,677
Gross charge-offs	—		—		—		—		—		—		6		—		—		6
Indirect auto:

Current	3,845		9,590		4,540		1,424		2,134		1,217		—		—		—		22,750
30 - 89 days past due	25		151		111		67		83		84		—		—		—		521

Nonperforming	3		51		66		102		153		194		—		—		—		569
Total	3,873		9,792		4,717		1,593		2,370		1,495		—		—		—		23,840
Gross charge-offs	2		59		56		51		64		61		—		—		—		293
Other consumer:

Current	6,951		9,545		4,701		3,122		2,770		2,648		3,062		32		4		32,835
30 - 89 days past due	26		56		43		44		31		24		5		3		—		232
90 days or more past due	2		6		5		6		3		1		2		—		—		25
Nonperforming	2		20		12		12		11		15		—		—		—		72
Total	6,981		9,627		4,761		3,184		2,815		2,688		3,069		35		4		33,164
Gross charge-offs	22		118		71		62		39		29		11		—		—		352
Credit card:
Current	—		—		—		—		—		—		4,637		35		—		4,672
30 - 89 days past due	—		—		—		—		—		—		63		4		—		67
90 days or more past due	—		—		—		—		—		—		64		3		—		67

Total	—		—		—		—		—		—		4,764		42		—		4,806
Gross charge-offs	—		—		—		—		—		—		134		7		—		141
Total	$	41,753	$	66,080	$	25,128	$	16,199	$	31,822	$	60,379	$	85,883	$	2,928	$	(376)	$	329,796
Gross charge-offs	$	35	$	202	$	168	$	119	$	113	$	114	$	341	$	7	$	—	$	1,099


As of / for the year ended December 31, 2025 (Dollars in millions)	Amortized Cost Basis by Origination Year												Revolving Credit		Loans Converted to Term		Other(1)
	2025		2024		2023		2022		2021		Prior								Total
Commercial:
Commercial and industrial:
Pass	$	42,084	$	12,725	$	8,296	$	13,476	$	7,558	$	14,854	$	63,555	$	—	$	(233)	$	162,315
Special mention	401		153		136		180		309		113		621		—		—		1,913
Substandard	351		391		476		383		254		262		624		—		—		2,741
Nonperforming	77		112		64		144		12		53		377		—		—		839
Total	42,913		13,381		8,972		14,183		8,133		15,282		65,177		—		(233)		167,808
Gross charge-offs	45		96		70		28		1		9		212		—		—		461
CRE:
Pass	8,621		1,300		1,548		3,233		1,797		3,510		1,103		—		(84)		21,028
Special mention	26		11		61		181		211		121		—		—		—		611
Substandard	376		153		311		460		150		449		135		—		—		2,034
Nonperforming	4		1		1		13		6		22		—		—		—		47
Total	9,027		1,465		1,921		3,887		2,164		4,102		1,238		—		(84)		23,720
Gross charge-offs	6		42		14		8		—		77		—		—		—		147
Commercial construction:
Pass	1,398		581		1,070		531		158		20		1,844		—		—		5,602
Special mention	112		—		40		252		32		2		36		—		—		474
Substandard	175		32		348		1,020		91		—		—		—		—		1,666
Nonperforming	—		—		—		—		—		—		41		—		—		41
Total	1,685		613		1,458		1,803		281		22		1,921		—		—		7,783







Consumer:
Residential mortgage:

Current	5,724		3,947		2,420		11,747		14,453		17,047		—		—		—		55,338
30 - 89 days past due	20		14		35		81		68		468		—		—		—		686
90 days or more past due	6		34		90		61		34		345		—		—		—		570
Nonperforming	—		5		6		37		35		130		—		—		—		213
Total	5,750		4,000		2,551		11,926		14,590		17,990		—		—		—		56,807
Gross charge-offs	—		1		1		2		2		—		—		—		—		6
Home equity:

Current	—		—		—		—		—		—		6,575		2,969		—		9,544
30 - 89 days past due	—		—		—		—		—		—		52		17		—		69
90 days or more past due	—		—		—		—		—		—		5		2		—		7
Nonperforming	—		—		—		—		—		—		33		66		—		99
Total	—		—		—		—		—		—		6,665		3,054		—		9,719
Gross charge-offs	—		—		—		—		—		—		9		1		—		10
Indirect auto:

Current	11,752		5,780		1,933		3,075		1,430		750		—		—		(7)		24,713
30 - 89 days past due	123		139		106		142		80		89		—		—		—		679

Nonperforming	29		53		46		65		38		36		—		—		—		267
Total	11,904		5,972		2,085		3,282		1,548		875		—		—		(7)		25,659
Gross charge-offs	30		101		122		163		72		103		—		—		—		591
Other consumer:

Current	12,416		5,975		3,947		3,415		1,446		1,791		2,780		27		4		31,801
30 - 89 days past due	66		60		66		44		17		19		7		2		—		281
90 days or more past due	4		7		11		4		—		—		2		—		—		28
Nonperforming	13		12		14		12		9		11		—		—		—		71
Total	12,499		6,054		4,038		3,475		1,472		1,821		2,789		29		4		32,181
Gross charge-offs	98		138		159		110		47		51		30		—		—		633







Credit card:
Current	—		—		—		—		—		—		4,733		32		—		4,765
30 - 89 days past due	—		—		—		—		—		—		73		4		—		77
90 days or more past due	—		—		—		—		—		—		72		4		—		76

Total	—		—		—		—		—		—		4,878		40		—		4,918
Gross charge-offs	—		—		—		—		—		—		246		14		—		260
Total	$	83,778	$	31,485	$	21,025	$	38,556	$	28,188	$	40,092	$	82,668	$	3,123	$	(320)	$	328,595
Gross charge-offs	$	179	$	378	$	366	$	311	$	122	$	240	$	497	$	15	$	—	$	2,108

(1)Includes certain deferred fees and costs and other adjustments.

Allowance for Credit Losses

The following tables present activity in the ACL:








(Dollars in millions)	Balance at Apr 1, 2025		Charge-Offs		Recoveries		Provision (Benefit)		Other		Balance at Jun 30, 2025
Commercial:
Commercial and industrial	$	1,307	$	(120)	$	31	$	96	$	(5)	$	1,309
CRE	604		(38)		3		(6)		—		563
Commercial construction	280		—		1		(22)		—		259

Consumer:
Residential mortgage	227		(1)		—		(6)		—		220
Home equity	93		(4)		4		(1)		—		92
Indirect auto	955		(127)		28		134		—		990
Other Consumer	989		(146)		31		177		—		1,051

Credit card	415		(70)		12		58		—		415

ALLL	4,870		(506)		110		430		(5)		4,899
RUFC	296		—		—		58		—		354
ACL	$	5,166	$	(506)	$	110	$	488	$	(5)	$	5,253

(Dollars in millions)	Balance at Apr 1, 2026		Charge-Offs		Recoveries		Provision (Benefit)		Other		Balance at Jun 30, 2026
Commercial:
Commercial and industrial	$	1,384	$	(137)	$	22	$	171	$	—	$	1,440
CRE	456		(1)		1		(34)		—		422
Commercial construction	199		(1)		1		(48)		—		151

Consumer:
Residential mortgage	198		(1)		1		(25)		—		173
Home equity	82		(3)		3		(6)		—		76
Indirect auto	1,036		(135)		29		104		—		1,034
Other consumer	1,258		(168)		35		158		—		1,283

Credit card	413		(70)		10		51		—		404

ALLL	5,026		(516)		102		371		—		4,983
RUFC	309		—		—		24		—		333
ACL	$	5,335	$	(516)	$	102	$	395	$	—	$	5,316



















(Dollars in millions)	Balance at Jan 1, 2025		Charge-Offs		Recoveries		Provision (Benefit)		Other		Balance at Jun 30, 2025
Commercial:
Commercial and industrial	$	1,284	$	(222)	$	55	$	196	$	(4)	$	1,309
CRE	643		(108)		10		18		—		563
Commercial construction	257		—		1		1		—		259

Consumer:
Residential mortgage	204		(2)		2		16		—		220
Home equity	89		(6)		8		1		—		92
Indirect auto	955		(281)		53		263		—		990
Other consumer	994		(300)		61		296		—		1,051

Credit card	431		(144)		23		105		—		415

ALLL	4,857		(1,063)		213		896		(4)		4,899
RUFC	304		—		—		50		—		354
ACL	$	5,161	$	(1,063)	$	213	$	946	$	(4)	$	5,253


(Dollars in millions)	Balance at Jan 1, 2026		Charge-Offs		Recoveries		Provision (Benefit)		Other		Balance at Jun 30, 2026
Commercial:
Commercial and industrial	$	1,326	$	(279)	$	38	$	355	$	—	$	1,440
CRE	476		(8)		4		(50)		—		422
Commercial construction	246		(18)		2		(79)		—		151

Consumer:
Residential mortgage	198		(2)		3		(26)		—		173
Home equity	84		(6)		6		(8)		—		76
Indirect auto	1,036		(293)		54		237		—		1,034
Other consumer	1,238		(352)		68		329		—		1,283

Credit card	426		(141)		19		100		—		404

ALLL	5,030		(1,099)		194		858		—		4,983
RUFC	317		—		—		16		—		333
ACL	$	5,347	$	(1,099)	$	194	$	874	$	—	$	5,316

Selected Information About Nonperforming Assets

The following table presents a summary of NPAs and residential mortgage loans in the process of foreclosure:


(Dollars in millions)	Jun 30, 2026		Dec 31, 2025
Nonperforming loans and leases HFI	$	1,692	$	1,577

Foreclosed real estate	5		3
Other foreclosed property	51		53
Total NPAs	$	1,748	$	1,633
Residential mortgage loans in the process of foreclosure	$	268	$	247

Loan Modifications

The following tables summarize the amortized cost basis and the weighted average financial effect of loans to borrowers experiencing financial difficulty that were modified during the period, disaggregated by class of financing receivable and type of modification granted.


	Renewals			Term Extensions			Interest Rate Adjustments				Capitalizations		Payment Delays			Combination - Capitalization and Term Extension			Other				Percentage of Total Class of Financing Receivable
Three Months Ended June 30, 2026 (Dollars in millions)	Amount		Financial Effect	Amount		Financial Effect	Amount		Financial Effect		Amount		Amount		Financial Effect	Amount		Financial Effect	Amount		Total Modified Loans
Commercial:
Commercial and industrial	$	255	6 months	$	—		$	—			$	—	$	—		$	—		$	—	$	255	0.15	%
CRE	219		15 months	—			—				—		—			—			—		219		0.86
Commercial construction	75		2 months	—			—				—		—			—			—		75		1.02
Consumer:							—
Residential mortgage	—			20		101 months	—				22		46		8 months	100		99 months	24		212		0.37

Indirect auto	—			13		29 months	—				—		595		9 months	—			10		618		2.59
Other consumer	—			10		32 months	—				—		—			—			—		10		0.03
Credit card	—			—			8		(16)	%	—		—			—			—		8		0.17
Total	$	549		$	43		$	8			$	22	$	641		$	100		$	34	$	1,397	0.42

	Renewals			Term Extensions			Interest Rate Adjustments				Capitalizations		Payment Delays			Combination - Capitalization and Term Extension			Other				Percentage of Total Class of Financing Receivable
Six Months Ended June 30, 2026 (Dollars in millions)	Amount		Financial Effect	Amount		Financial Effect	Amount		Financial Effect		Amount		Amount		Financial Effect	Amount		Financial Effect	Amount		Total Modified Loans
Commercial:
Commercial and industrial	$	500	7 months	$	—		$	—			$	—	$	1	6 months	$	—		$	17	$	518	0.31	%
CRE	382		18 months	—			—				—		—			—			—		382		1.50
Commercial construction	226		9 months	—			—				—		—			—			—		226		3.07
Consumer:
Residential mortgage	—			38		94 months	—				41		84		8 months	181		97 months	49		393		0.69
Home equity	—			—			—				—		—			—			1		1		0.01
Indirect auto	—			27		29 months	—				—		945		9 months	—			19		991		4.16
Other consumer	—			20		31 months	—				—		1		5 months	—			1		22		0.07
Credit card	—			—			15		(17)	%	—		—			—			1		16		0.33
Total	$	1,108		$	85		$	15			$	41	$	1,031		$	181		$	88	$	2,549	0.77


	Renewals			Term Extensions			Interest Rate Adjustments				Capitalizations		Payment Delays			Combination - Capitalization and Term Extension			Other				Percentage of Total Class of Financing Receivable
Three Months Ended June 30, 2025 (Dollars in millions)	Amount		Financial Effect	Amount		Financial Effect	Amount		Financial Effect		Amount		Amount		Financial Effect	Amount		Financial Effect	Amount		Total Modified Loans
Commercial:
Commercial and industrial	$	359	14 months	$	—		$	—			$	—	$	—		$	—		$	20	$	379	0.23	%
CRE	278		13 months	—			—				—		—			—			—		278		1.37
Commercial construction	45		2 months	—			—				—		—			—			—		45		0.54
Consumer:
Residential mortgage	—			23		90 months	—				26		41		8 months	81		94 months	17		188		0.33
Home equity	—			—			—				—		—			—			2		2		0.02
Indirect auto	—			12		28 months	—				—		567		8 months	—			8		587		2.39
Other consumer	—			10		32 months	—				—		—			—			—		10		0.03
Credit card	—			—			8		(17)	%	—		—			—			—		8		0.16
Total	$	682		$	45		$	8			$	26	$	608		$	81		$	47	$	1,497	0.47

	Renewals			Term Extensions			Interest Rate Adjustments				Capitalizations		Payment Delays			Combination - Capitalization and Term Extension			Other				Percentage of Total Class of Financing Receivable
Six Months Ended June 30, 2025 (Dollars in millions)	Amount		Financial Effect	Amount		Financial Effect	Amount		Financial Effect		Amount		Amount		Financial Effect	Amount		Financial Effect	Amount		Total Modified Loans
Commercial:
Commercial and industrial	$	528	12 months	$	—		$	—			$	—	$	46	6 months	$	—		$	20	$	594	0.37	%
CRE	476		15 months	—			—				—		—			—			—		476		2.35
Commercial construction	73		6 months	—			—				—		—			—			—		73		0.88
Consumer:
Residential mortgage	—			39		96 months	—				61		58		8 months	162		96 months	38		358		0.62
Home equity	—			—			—				—		—			—			3		3		0.03
Indirect auto	—			17		28 months	1		(7)	%	—		987		8 months	—			16		1,021		4.16
Other consumer	—			19		29 months	—				—		—			—			1		20		0.06

Credit card	—			—			16		(17)	%	—		—			—			—		16		0.33
Total	$	1,077		$	75		$	17			$	61	$	1,091		$	162		$	78	$	2,561	0.80

Financing Receivable, Modified, Past Due

The following tables summarize the period-end delinquency status and amortized cost of loans that were modified in the last 12 months. The period-end delinquency status of loans that were modified are disclosed at amortized cost and reflect the impact of any paydowns, payoffs, or charge-offs that occurred subsequent to modification.


	Payment Status
June 30, 2026 (Dollars in millions)	Current		30-89 Days Past Due		90 Days or More Past Due		Total
Commercial:
Commercial and industrial	$	653	$	29	$	186	$	868
CRE	558		1		2		561
Commercial construction	378		—		—		378
Consumer:
Residential mortgage	350		135		187		672
Home equity	3		—		—		3
Indirect auto	987		206		29		1,222
Other consumer	31		3		1		35
Credit card	18		3		3		24
Total	$	2,978	$	377	$	408	$	3,763
Total nonaccrual loans included above	$	455	$	129	$	290	$	874

	Payment Status
June 30, 2025 (Dollars in millions)	Current		30-89 Days Past Due		90 Days or More Past Due		Total
Commercial:
Commercial and industrial	$	922	$	3	$	23	$	948
CRE	678		—		1		679
Commercial construction	143		—		—		143
Consumer:
Residential mortgage	343		111		132		586
Home equity	4		—		—		4
Indirect auto	1,021		220		32		1,273
Other consumer	31		2		1		34
Credit card	18		4		3		25
Total	$	3,160	$	340	$	192	$	3,692
Total nonaccrual loans included above	$	166	$	35	$	104	$	305

Financing Receivable, Modified, Subsequent Default

The following tables provide the amortized cost basis of financing receivables that were modified in the last twelve months and were in payment default at period end:


June 30, 2026 (Dollars in millions)	Renewals		Term Extensions		Interest Rate Adjustments		Capitalizations		Payment Delays		Combination - Capitalization and Term Extension		Other		Total
Commercial:
Commercial and industrial	$	186	$	—	$	—	$	—	$	—	$	—	$	—	$	186
CRE	2		—		—		—		—		—		—		2

Consumer:
Residential mortgage	—		8		—		13		109		48		9		187

Indirect auto	—		1		—		—		25		—		3		29
Other consumer	—		1		—		—		—		—		—		1
Credit card	—		—		3		—		—		—		—		3
Total	$	188	$	10	$	3	$	13	$	134	$	48	$	12	$	408
















June 30, 2025 (Dollars in millions)	Renewals		Term Extensions		Interest Rate Adjustments		Capitalizations		Payment Delays		Combination - Capitalization and Term Extension		Other		Total
Commercial:
Commercial and industrial	$	23	$	—	$	—	$	—	$	—	$	—	$	—	$	23
CRE	1		—		—		—		—		—		—		1

Consumer:
Residential mortgage	—		11		—		5		69		40		7		132

Indirect auto	—		1		—		—		29		—		2		32
Other consumer	—		1		—		—		—		—		—		1
Credit card	—		—		3		—		—		—		—		3
Total	$	24	$	13	$	3	$	5	$	98	$	40	$	9	$	192

Unearned Income, Discounts and Net Deferred Loan Fees and Costs

The following table presents additional information about loans and leases:


(Dollars in millions)	Jun 30, 2026		Dec 31, 2025
Unearned income, discounts, and net deferred loan fees and costs	$	557	$	509