XML 89 R66.htm IDEA: XBRL DOCUMENT
v3.25.0.1

BUSINESS OPERATING SEGMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of segment reporting information |
| Year Ended December 31, 2024
(dollars in millions) | Consumer Banking |  | Commercial Banking |  | Non-Core |  | Other |  | Consolidated
Net interest income | $4,565 |  |  | $1,950 |  |  | ($117) |  |  | ($765) |  |  | $5,633 |
Noninterest income | 1,131 |  |  | 908 |  |  | — |  |  | 137 |  |  | 2,176 |
Total revenue | 5,696 |  |  | 2,858 |  |  | (117) |  |  | (628) |  |  | 7,809 |
Direct expenses(1)(2) | 2,325 |  |  | 835 |  |  | 4 |  |  | 2,070 |  |  | 5,234 |
Indirect expenses(3) | 1,353 |  |  | 406 |  |  | 94 |  |  | (1,853) |  |  | — |
Noninterest expense | 3,678 |  |  | 1,241 |  |  | 98 |  |  | 217 |  |  | 5,234 |
Profit (loss) before provision (benefit) for credit losses | 2,018 |  |  | 1,617 |  |  | (215) |  |  | (845) |  |  | 2,575 |
Provision (benefit) for credit losses | 331 |  |  | 353 |  |  | 61 |  |  | (58) |  |  | 687 |
Income (loss) before income tax expense (benefit) | 1,687 |  |  | 1,264 |  |  | (276) |  |  | (787) |  |  | 1,888 |
Income tax expense (benefit) | 434 |  |  | 291 |  |  | (70) |  |  | (276) |  |  | 379 |
Net income (loss) | $1,253 |  |  | $973 |  |  | ($206) |  |  | ($511) |  |  | $1,509 |
Total average assets | $75,037 |  |  | $68,478 |  |  | $8,942 |  |  | $66,567 |  |  | $219,024 |
(1) Represents operating expenses incurred by the business operating segments and primarily includes salaries and employee benefits, equipment and software, outside services, and occupancy. (2) Includes depreciation and amortization of $113 million, $26 million and $312 million, respectively, for the Consumer Banking, Commercial Banking and Other business operating segments. (3) Represents allocated corporate overhead from support functions such as finance, risk, human resources, and information technology.
| Year Ended December 31, 2023
(dollars in millions) | Consumer Banking |  | Commercial Banking |  | Non-Core |  | Other |  | Consolidated
Net interest income | $4,187 |  |  | $2,292 |  |  | ($129) |  |  | ($109) |  |  | $6,241 |
Noninterest income | 1,067 |  |  | 784 |  |  | — |  |  | 132 |  |  | 1,983 |
Total revenue | 5,254 |  |  | 3,076 |  |  | (129) |  |  | 23 |  |  | 8,224 |
Direct expenses(1)(2) | 2,244 |  |  | 857 |  |  | 13 |  |  | 2,393 |  |  | 5,507 |
Indirect expenses(3) | 1,298 |  |  | 438 |  |  | 110 |  |  | (1,846) |  |  | — |
Noninterest expense | 3,542 |  |  | 1,295 |  |  | 123 |  |  | 547 |  |  | 5,507 |
Profit (loss) before provision (benefit) for credit losses | 1,712 |  |  | 1,781 |  |  | (252) |  |  | (524) |  |  | 2,717 |
Provision (benefit) for credit losses | 280 |  |  | 250 |  |  | 78 |  |  | 79 |  |  | 687 |
Income (loss) before income tax expense (benefit) | 1,432 |  |  | 1,531 |  |  | (330) |  |  | (603) |  |  | 2,030 |
Income tax expense (benefit) | 373 |  |  | 378 |  |  | (86) |  |  | (243) |  |  | 422 |
Net income (loss) | $1,059 |  |  | $1,153 |  |  | ($244) |  |  | ($360) |  |  | $1,608 |
Total average assets | $72,693 |  |  | $76,028 |  |  | $13,745 |  |  | $59,755 |  |  | $222,221 |
(1) Represents operating expenses incurred by the business operating segments and primarily includes salaries and employee benefits, equipment and software, outside services, and occupancy. (2) Includes depreciation and amortization of $106 million, $30 million and $291 million, respectively, for the Consumer Banking, Commercial Banking and Other business operating segments. (3) Represents allocated corporate overhead from support functions such as finance, risk, human resources, and information technology.
| Year Ended December 31, 2022
(dollars in millions) | Consumer Banking |  | Commercial Banking |  | Non-Core |  | Other |  | Consolidated
Net interest income | $3,649 |  |  | $2,103 |  |  | $378 |  |  | ($118) |  |  | $6,012 |
Noninterest income | 1,063 |  |  | 845 |  |  | — |  |  | 101 |  |  | 2,009 |
Total revenue | 4,712 |  |  | 2,948 |  |  | 378 |  |  | (17) |  |  | 8,021 |
Direct expenses(1)(2) | 2,103 |  |  | 820 |  |  | 23 |  |  | 1,946 |  |  | 4,892 |
Indirect expenses(3) | 1,152 |  |  | 403 |  |  | 113 |  |  | (1,668) |  |  | — |
Noninterest expense | 3,255 |  |  | 1,223 |  |  | 136 |  |  | 278 |  |  | 4,892 |
Profit (loss) before provision (benefit) for credit losses | 1,457 |  |  | 1,725 |  |  | 242 |  |  | (295) |  |  | 3,129 |
Provision (benefit) for credit losses | 174 |  |  | 46 |  |  | 52 |  |  | 202 |  |  | 474 |
Income (loss) before income tax expense (benefit) | 1,283 |  |  | 1,679 |  |  | 190 |  |  | (497) |  |  | 2,655 |
Income tax expense (benefit) | 328 |  |  | 375 |  |  | 48 |  |  | (169) |  |  | 582 |
Net income (loss) | $955 |  |  | $1,304 |  |  | $142 |  |  | ($328) |  |  | $2,073 |
Total average assets | $68,027 |  |  | $74,919 |  |  | $18,121 |  |  | $53,994 |  |  | $215,061 |
(1) Represents operating expenses incurred by the business operating segments and primarily includes salaries and employee benefits, equipment and software, outside services, and occupancy. (2) Includes depreciation and amortization of $97 million, $27 million and $274 million, respectively, for the Consumer Banking, Commercial Banking and Other business operating segments. (3) Represents allocated corporate overhead from support functions such as finance, risk, human resources, and information technology.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration