v3.26.1
Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule Of Financial Information By Reportable Segment
Three Months Ended June 30, 2026
Corporate BankConsumer BankWealth
Management
OtherConsolidated
(In millions)
Net interest income$483 $748 $46 $— $1,277 
Provision for (benefit from) credit losses51 51 — (34)68 
Non-interest income:
Service charges on deposit accounts66 100 1 — 167 
Card and ATM fees11 115 — — 126 
Investment management and trust fee income— — 97 — 97 
Capital markets income84 — — — 84 
Mortgage income— 33 — — 33 
Investment services fee income— — 53 — 53 
Commercial credit fee income28 — — — 28 
Bank-owned life insurance— — — 24 24 
Securities gains (losses), net— — — (41)(41)
Market value adjustments on employee benefit assets
— — — 24 24 
Other miscellaneous income (loss)53 17 2 (37)35 
Total non-interest income (loss)242 265 153 (30)630 
Non-interest expense:
Salaries and employee benefits143 208 76 270 697 
Equipment and software expense6 22 1 78 107 
Net occupancy expense7 56 3 7 73 
Other expenses (benefits) (1)
172 346 48 (322)244 
Total non-interest expense
328 632 128 33 1,121 
Income (loss) before income taxes346 330 71 (29)718 
Income tax expense (benefit)86 82 18 (38)148 
Net income $260 $248 $53 $9 $570 
Average assets$73,240 $36,658 $2,288 $49,051 $161,237 
Three Months Ended June 30, 2025
Corporate BankConsumer BankWealth
Management
OtherConsolidated
(In millions)
Net interest income$474 $742 $43 $— $1,259 
Provision for credit losses56 58 — 12 126 
Non-interest income (loss):
Service charges on deposit accounts60 90 1 — 151 
Card and ATM fees11 114 — — 125 
Investment management and trust fee income— — 90 — 90 
Capital markets income83 — — — 83 
Mortgage income— 48 — — 48 
Investment services fee income— — 43 — 43 
Commercial credit fee income29 — — — 29 
Bank-owned life insurance— — — 24 24 
Securities gains (losses), net— — — (1)(1)
Market value adjustments on employee benefit assets
— — — 16 16 
Other miscellaneous income (loss)42 20 1 (25)38 
Total non-interest income 225 272 135 14 646 
Non-interest expense:
Salaries and employee benefits137 195 67 259 658 
Equipment and software expense5 24 1 74104 
Net occupancy expense7 55 3 7 72 
Other expenses (benefits) (1)
162 328 51 (302)239 
Total non-interest expense
311 602 122 38 1,073 
Income (loss) before income taxes332 354 56 (36)706 
Income tax expense (benefit)83 88 13 (41)143 
Net income$249 $266 $43 $5 $563 
Average assets$69,768 $37,502 $2,112 $48,592 $157,974 
Six Months Ended June 30, 2026
Corporate BankConsumer BankWealth
Management
OtherConsolidated
(In millions)
Net interest income$956 $1,477 $92 $— $2,525 
Provision for (benefit from) credit losses122 108 — $(71)159 
Non-interest income (loss):
Service charges on deposit accounts132 196 2 — 330 
Card and ATM fees23 220 — — 243 
Investment management and trust fee income— — 189 — 189 
Capital markets income167 1 — — 168 
Mortgage income— 65 — — 65 
Investment services fee income— — 102 — 102 
Commercial credit fee income57 1 — — 58 
Bank-owned life insurance— — — 54 54 
Securities gains (losses), net— — — (44)(44)
Market value adjustments on employee benefit assets
— — — 19 19 
Other miscellaneous income (loss)93 34 2 (58)71 
Total non-interest income (loss)472 517 295 (29)1,255 
Non-interest expense:
Salaries and employee benefits294 411 152 499 1,356 
Equipment and software expense11 46 1 157 215 
Net occupancy expense14 111 6 14 145 
Other expenses (benefits) (1)
340 671 99 (637)473 
Total non-interest expense
659 1,239 258 33 2,189 
Income before income taxes647 647 129 9 1,432 
Income tax expense (benefit)162 162 32 (53)303 
Net income $485 $485 $97 $62 $1,129 
Average assets$72,227 $36,781 $2,252 $49,008 $160,268 
Six Months Ended June 30, 2025
Corporate BankConsumer BankWealth
Management
OtherConsolidated
(In millions)
Net interest income $916 $1,451 $86 $— $2,453 
Provision for credit losses 121 117 — 12 250 
Non-interest income (loss):
Service charges on deposit accounts124 186 2 — 312 
Card and ATM fees22 220 — — 242 
Investment management and trust fee income— — 176 — 176 
Capital markets income162 — 1 — 163 
Mortgage income— 88 — — 88 
Investment services fee income— — 86 — 86 
Commercial credit fee income56 — — — 56 
Bank-owned life insurance— — — 47 47 
Securities gains (losses), net— — — (26)(26)
Market value adjustments on employee benefit assets
— — — 13 13 
Other miscellaneous income (loss)84 39 2 (46)79 
Total non-interest income (loss)
448 533 267 (12)1,236 
Non-interest expense:
Salaries and employee benefits282 389 137 475 1,283 
Equipment and software expense10 48 1 144 203 
Net occupancy expense14 108 6 14 142 
Other expenses (benefit) (1)
315 649 100 (580)484 
Total non-interest expense
621 1,194 244 53 2,112 
Income (loss) before income taxes
622 673 109 (77)1,327 
Income tax expense (benefit)155 168 27 (76)274 
Net income (loss)$467 $505 $82 $(1)$1,053 
Average assets$69,530 $37,595 $2,123 $48,180 $157,428 
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(1) Other expenses are primarily comprised of outside services, marketing, professional, legal and regulatory expenses, credit and checkcard expenses, and FDIC insurance assessment fees.