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NONINTEREST INCOME
 6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
NONINTEREST INCOME
NOTE 13 - NONINTEREST INCOME
A portion of the Company’s noninterest income relates to certain fee-based revenue earned from contracts with customers based on the amount of consideration expected to be received upon the transfer of control of a good or service. For a description of the components of revenue from contracts with customers and how each component is recognized for the principal products and services of the Company’s business segments, see Note 21 in the Company’s 2024 Form 10-K.
The following tables present noninterest income segregated by revenue from contracts with customers and revenue from other sources, disaggregated by business segment. Revenue from other sources primarily includes income from letter of credit and loan fees, foreign exchange and derivative products, and mortgage banking fees.
Three Months Ended June 30, 2025
(dollars in millions)Consumer BankingCommercial Banking
Non-Core
OtherConsolidated
Service charges and fees$77 $34 $— $— $111 
Card fees74 13 — — 87 
Capital markets fees— 95 — — 95 
Wealth fees
88 — — — 88 
Other banking fees— 2 — — 2 
Total revenue from contracts with customers$239 $144 $— $— $383 
Total revenue from other sources(1)
90 88 3 36 217 
Total noninterest income$329 $232 $3 $36 $600 
Three Months Ended June 30, 2024
(dollars in millions)Consumer BankingCommercial Banking
Non-Core
Other
Consolidated
Service charges and fees$75 $30 $— $— $105 
Card fees74 13 — 4 91 
Capital markets fees— 126 — — 126 
Wealth fees
75 — — — 75 
Other banking fees— 4 — 1 5 
Total revenue from contracts with customers$224 $173 $— $5 $402 
Total revenue from other sources(1)
53 69 — 29 151 
Total noninterest income$277 $242 $— $34 $553 
Six Months Ended June 30, 2025
(dollars in millions)Consumer BankingCommercial Banking
Non-Core
OtherConsolidated
Service charges and fees$151 $68 $— $— $219 
Card fees141 26 — — 167 
Capital markets fees— 190 — — 190 
Wealth fees
169 — — — 169 
Other banking fees1 4 — — 5 
Total revenue from contracts with customers$462 $288 $— $— $750 
Total revenue from other sources(1)
164 159 3 68 394 
Total noninterest income$626 $447 $3 $68 $1,144 
Six Months Ended June 30, 2024
(dollars in millions)Consumer BankingCommercial Banking
Non-Core
OtherConsolidated
Service charges and fees$138 $63 $— $— $201 
Card fees140 28 — 7 175 
Capital markets fees— 242 — — 242 
Wealth fees
143 — — — 143 
Other banking fees1 6 — 1 8 
Total revenue from contracts with customers$422 $339 $— $8 $769 
Total revenue from other sources(1)
113 130 — 58 301 
Total noninterest income$535 $469 $— $66 $1,070 
(1) Includes bank-owned life insurance income of $28 million and $30 million for the three months ended June 30, 2025 and 2024, respectively, and $55 million and $54 million for the six months ended June 30, 2025 and 2024, respectively.
For the three months ended June 30, 2025 and 2024, the Company recognized trailing commissions of $4 million and $3 million, respectively, related to previous investment sales. For the six months ended June 30, 2025 and 2024, the Company recognized $8 million and $7 million, respectively.