v3.26.1
Operating Segments (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
The following table presents results by segment:

Three Months Ended June 30,
(Dollars in millions)		CSBBWB
OT&C(1)
Total
20262025202620252026202520262025
Net interest income (expense)$1,624 $1,496 $1,942 $1,872 $55 $219 $3,621 $3,587 
Net intersegment interest income (expense)980 828 (411)(306)(569)(522)— — 
Segment net interest income (expense)2,604 2,324 1,531 1,566 (514)(303)3,621 3,587 
Allocated provision for credit losses307 384 90 104 (2)— 395 488 
Noninterest income530 519 1,158 941 (44)(60)1,644 1,400 
Personnel expense443 434 626 574 723 670 1,792 1,678 
Amortization of intangibles33 39 30 34 — — 63 73 
Other direct noninterest expense(2)
312 286 200 202 688 747 1,200 1,235 
Total direct noninterest expense788 759 856 810 1,411 1,417 3,055 2,986 
Expense Allocations933 940 528 519 (1,461)(1,459)— — 
Total noninterest expense1,721 1,699 1,384 1,329 (50)(42)3,055 2,986 
Income (loss) before income taxes from continuing operations1,106 760 1,215 1,074 (506)(321)1,815 1,513 
Provision (benefit) for income taxes271 186 255 213 (264)(126)262 273 
Segment net income (loss) from continuing operations$835 $574 $960 $861 $(242)$(195)$1,553 $1,240 
Identifiable assets (period end) of continuing operations(3)
$153,353 $152,377 $227,667 $214,764 $175,003 $176,692 $556,023 $543,833 
Six Months Ended June 30,
(Dollars in millions)		CSBBWB
OT&C(1)
Total
20262025202620252026202520262025
Net interest income (expense)$3,229 $2,931 $3,864 $3,756 $127 $407 $7,220 $7,094 
Net intersegment interest income (expense)1,869 1,640 (825)(690)(1,044)(950)— — 
Segment net interest income (expense)5,098 4,571 3,039 3,066 (917)(543)7,220 7,094 
Allocated provision for credit losses681 711 195 236 (2)(1)874 946 
Noninterest income1,058 1,022 2,227 1,888 (88)(118)3,197 2,792 
Personnel expense876 868 1,238 1,131 1,405 1,283 3,519 3,282 
Amortization of intangibles67 78 60 70 — — 127 148 
Other direct noninterest expense(2)
605 574 387 395 1,400 1,493 2,392 2,462 
Total direct noninterest expense1,548 1,520 1,685 1,596 2,805 2,776 6,038 5,892 
Expense Allocations1,853 1,843 1,048 1,036 (2,901)(2,879)— — 
Total noninterest expense3,401 3,363 2,733 2,632 (96)(103)6,038 5,892 
Income (loss) before income taxes from continuing operations2,074 1,519 2,338 2,086 (907)(557)3,505 3,048 
Provision (benefit) for income taxes509 371 487 413 (525)(237)471 547 
Segment net income (loss) from continuing operations$1,565 $1,148 $1,851 $1,673 $(382)$(320)$3,034 $2,501 
Identifiable assets (period end) of continuing operations(3)
$153,353 $152,377 $227,667 $214,764 $175,003 $176,692 $556,023 $543,833 
(1)As described above, includes the Company’s investment securities portfolio, most long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, most bank-owned real estate assets, as well as functional activities such as finance, enterprise risk, legal, and enterprise technology, data, and operations. Additionally, OT&C includes intersegment eliminations, including for residual interest rate risk, intersegment net referral fees, and expense allocations. May also include financial data from business units below the quantitative and qualitative thresholds requiring disclosure.
(2)Other direct noninterest expense within the table above includes expenses for net occupancy, equipment, professional fees and outside processing, regulatory costs, and other expenses.
(3)For the purpose of presenting identifiable assets of continuing operations by segment, the majority of the ALLL resides in OT&C which is consistent with the CODM’s review of segment loan portfolios on a gross basis.