Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Schedule Of Financial Information By Reportable Segment

The following tables present financial information, including non-interest income disaggregated by major product category, for each reportable segment:



	Three Months Ended March 31, 2025
	Corporate Bank		Consumer Bank		Wealth Management		Other		Consolidated
	(In millions)
Net interest income	$	441	$	710	$	43	$	—	$	1,194
Provision for credit losses	86		67		2		(31)		124
Non-interest income (loss):
Service charges on deposit accounts	64		96		1		—		161
Card and ATM fees	11		106		—		—		117
Investment management and trust fee income	—		—		86		—		86
Capital markets income	79		—		1		—		80
Mortgage income	—		40		—		—		40
Investment services fee income	—		—		43		—		43
Commercial credit fee income	27		—		—		—		27
Bank-owned life insurance	—		—		—		23		23
Securities gains (losses), net	—		—		—		(25)		(25)
Market value adjustments on employee benefit assets	—		—		—		(3)		(3)
Other miscellaneous income	42		19		1		(21)		41
Total non-interest income (loss)	223		261		132		(26)		590
Non-interest expense:
Salaries and employee benefits	145		179		70		231		625
Equipment and software expense	4		24		1		70		99
Net occupancy expense	7		53		3		7		70
Other expenses (1)	154		340		45		(294)		245
Total non-interest expense	310		596		119		14		1,039
Income (loss) before income taxes	268		308		54		(9)		621
Income tax expense (benefit)	67		77		13		(26)		131
Net income	$	201	$	231	$	41	$	17	$	490
Average assets	$	69,289	$	37,667	$	2,133	$	47,787	$	156,876


	Three Months Ended March 31, 2024
	Corporate Bank		Consumer Bank		Wealth Management		Other		Consolidated

	(In millions)
Net interest income	$	452	$	692	$	40	$	—	$	1,184
Provision for (benefit from) credit losses	91		68		2		(9)		$	152
Non-interest income (loss):
Service charges on deposit accounts	55		92		1		—		148
Card and ATM fees	11		105		—		—		116
Investment management and trust fee income	—		—		81		—		81
Capital markets income	91		—		—		—		91
Mortgage income	—		41		—		—		41
Investment services fee income	—		—		38		—		38
Commercial credit fee income	27		—		—		—		27
Bank-owned life insurance	—		—		—		23		23
Securities gains (losses), net	—		—		—		(50)		(50)
Market value adjustments on employee benefit assets	—		—		—		15		15
Other miscellaneous income	35		19		—		(21)		33
Total non-interest income (loss)	219		257		120		(33)		563
Non-interest expense:
Salaries and employee benefits	150		184		66		258		658
Equipment and software expense	4		26		1		70		101
Net occupancy expense	7		56		3		8		74
Other expenses (1)	163		361		42		(268)		298
Total non-interest expense	324		627		112		68		1,131
Income (loss) before income taxes	256		254		46		(92)		464
Income tax expense (benefit)	64		64		11		(43)		96
Net income (loss)	$	192	$	190	$	35	$	(49)	$	368
Average assets	$	68,941	$	38,035	$	2,035	$	42,433	$	151,444

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(1) Other miscellaneous expenses are primarily comprised of outside services, marketing, professional, legal and regulatory expenses, credit and checkcard expenses, and FDIC insurance assessment fees.