Dollars in millions, except per share data
			Three Months Ended												Six Months Ended
Summary Financial Data & Key Metrics			June 30, 2024			March 31, 2024			June 30, 2023						June 30, 2024			June 30, 2023
Results of Operations:
Net interest income			$	1,821		$	1,817		$	1,961					$	3,638		$	2,811
Provision for credit losses			95			64			151						159			934
Net interest income after provision for credit losses			1,726			1,753			1,810						3,479			1,877
Noninterest income			639			627			658						1,266			10,917
Noninterest expense			1,386			1,376			1,572						2,762			2,427
Income before income taxes			979			1,004			896						1,983			10,367
Income tax expense			272			273			214						545			167
Net income			707			731			682						1,438			10,200
Preferred stock dividends			16			15			15						31			29
Net income available to common stockholders			$	691		$	716		$	667					$	1,407		$	10,171
Adjusted net income available to common stockholders(1)			$	739		$	769		$	765					$	1,508		$	1,057
Pre-tax, pre-provision net revenue (PPNR)(1)			$	1,074		$	1,068		$	1,047					$	2,142		$	11,301
Per Share Information:
Diluted earnings per common share (EPS)			$	47.54		$	49.26		$	45.87					$	96.80		$	699.53
Adjusted diluted EPS(1)			50.87			52.92			52.60						103.79			72.69
Book value per common share at period end			1,487.00			1,443.03			1,300.93
Tangible book value per common share (TBV)(1) at period end			1,443.92			1,398.88			1,253.20
Key Performance Metrics:
Return on average assets (ROA)			1.30		%	1.36		%	1.31		%				1.33		%	12.62		%
Adjusted ROA(1)			1.39			1.46			1.49						1.42			1.34
PPNR ROA(1)			1.97			1.99			2.00						1.98			13.98
Adjusted PPNR ROA(1)			2.08			2.12			2.34						2.10			2.11
Return on average common equity (ROE)			13.13			13.97			14.35						13.54			140.82
Adjusted ROE(1)			14.05			15.01			16.46						14.52			14.63
Return on average tangible common equity (ROTCE)(1)			13.53			14.42			14.91						13.97			146.99
Adjusted ROTCE(1)			14.48			15.50			17.10						14.98			15.27
Efficiency ratio			56.36			56.30			60.06						56.33			17.68
Adjusted efficiency ratio(1)			50.77			50.29			49.65						50.53			52.47
Net interest margin (NIM)(2)			3.64			3.67			4.11						3.66			3.87
NIM, excluding purchase accounting accretion(1), (2)			3.36			3.35			3.59						3.36			3.49
Select Balance Sheet Items at Period End:
Total investment securities			$	37,666		$	35,044		$	22,171
Total loans and leases			139,341			135,370			133,015
Total operating lease equipment, net			8,945			8,811			8,531
Total deposits			151,079			149,609			141,164
Total borrowings			37,458			37,540			40,139
Loan to deposit ratio			92.23		%	90.48		%	94.23		%
Noninterest-bearing deposits to total deposits			26.49			26.25			31.56
Capital Ratios at Period End: (3)
Total risk-based capital ratio			15.45		%	15.66		%	15.84		%
Tier 1 risk-based capital ratio			13.87			14.00			14.00
Common equity Tier 1 ratio			13.33			13.44			13.38
Tier 1 leverage capital ratio			10.29			10.11			9.50
Asset Quality at Period End:
Nonaccrual loans to total loans and leases			0.82		%	0.79		%	0.70		%
Allowance for loan and lease losses (ALLL) to loans and leases			1.22			1.28			1.23
Net charge-off ratio for the period			0.38			0.31			0.47						0.35			0.39
(1) Denotes a non-GAAP measure. Refer to the non-GAAP reconciliation tables included at the end of this financial supplement for a reconciliation to the most directly comparable GAAP measure. “Adjusted” items exclude the impact of Notable Items.
(2) Calculated net of average credit balances and deposits of factoring clients.
(3) Capital ratios as of the current quarter-end are preliminary pending completion of quarterly regulatory filings.

Dollars in millions, except share and per share data
						Three Months Ended												Six Months Ended
Income Statement (unaudited)						June 30, 2024			March 31, 2024			June 30, 2023						June 30, 2024			June 30, 2023
Interest income
Interest and fees on loans						$	2,422		$	2,354		$	2,353					$	4,776		$	3,370
Interest on investment securities						330			282			120						612			227
Interest on deposits at banks						378			448			480						826			567
Total interest income						3,130			3,084			2,953						6,214			4,164
Interest expense
Deposits						975			928			575						1,903			863
Borrowings						334			339			417						673			490
Total interest expense						1,309			1,267			992						2,576			1,353
Net interest income						1,821			1,817			1,961						3,638			2,811
Provision for credit losses						95			64			151						159			934
Net interest income after provision for credit losses						1,726			1,753			1,810						3,479			1,877
Noninterest income
Rental income on operating lease equipment						259			255			238						514			471
Fee income and other service charges						77			75			70						152			117
Client investment fees						54			50			52						104			54
Wealth management services						52			51			51						103			91
International fees						30			28			29						58			33
Service charges on deposit accounts						44			44			44						88			68
Factoring commissions						19			17			20						36			39
Cardholder services, net						40			40			41						80			62
Merchant services, net						12			12			14						24			24
Insurance commissions						13			15			14						28			27
Realized loss on sale of investment securities available for sale, net						—			—			—						—			(14)
Fair value adjustment on marketable equity securities, net						(2)			(4)			(10)						(6)			(19)
Gain on sale of leasing equipment, net						4			10			4						14			8
Gain on acquisition						—			—			55						—			9,879
Loss on extinguishment of debt						—			(2)			—						(2)			—
Other noninterest income						37			36			36						73			77
Total noninterest income						639			627			658						1,266			10,917
Noninterest expense
Depreciation on operating lease equipment						98			96			91						194			180
Maintenance and other operating lease expenses						60			45			56						105			112
Salaries and benefits						745			744			775						1,489			1,195
Net occupancy expense						58			62			64						120			114
Equipment expense						126			114			133						240			191
Professional fees						24			25			20						49			31
Third-party processing fees						58			60			55						118			85
FDIC insurance expense						33			41			22						74			40
Marketing expense						18			14			41						32			56
Acquisition-related expenses						44			58			205						102			233
Intangible asset amortization						15			17			18						32			23
Other noninterest expense						107			100			92						207			167
Total noninterest expense						1,386			1,376			1,572						2,762			2,427
Income before income taxes						979			1,004			896						1,983			10,367
Income tax expense						272			273			214						545			167
Net income						$	707		$	731		$	682					$	1,438		$	10,200
Preferred stock dividends						16			15			15						31			29
Net income available to common stockholders						$	691		$	716		$	667					$	1,407		$	10,171
Basic earnings per common share						$	47.54		$	49.27		$	45.90					$	96.81		$	700.10
Diluted earnings per common share						$	47.54		$	49.26		$	45.87					$	96.80		$	699.53
Weighted average common shares outstanding (basic)						14,534,499			14,533,302			14,528,134						14,533,900			14,527,417
Weighted average common shares outstanding (diluted)						14,534,499			14,536,442			14,537,938						14,535,472			14,539,176

Dollars in millions, except share data
Balance Sheet (unaudited)						June 30, 2024			March 31, 2024			June 30, 2023
Assets
Cash and due from banks						$	764		$	698		$	917
Interest-earning deposits at banks						25,361			30,792			37,846
Securities purchased under agreements to resell						392			394			298
Investment in marketable equity securities						78			79			76
Investment securities available for sale						27,053			24,915			11,894
Investment securities held to maturity						10,535			10,050			10,201
Assets held for sale						92			86			117
Loans and leases						139,341			135,370			133,015
Allowance for loan and lease losses						(1,700)			(1,737)			(1,637)
Loans and leases, net of allowance for loan and lease losses						137,641			133,633			131,378
Operating lease equipment, net						8,945			8,811			8,531
Premises and equipment, net						1,938			1,906			1,782
Goodwill						346			346			346
Other intangible assets, net						280			295			347
Other assets						6,402			5,831			5,769
Total assets						$	219,827		$	217,836		$	209,502
Liabilities
Deposits:
Noninterest-bearing						$	40,016		$	39,276		$	44,547
Interest-bearing						111,063			110,333			96,617
Total deposits						151,079			149,609			141,164
Credit balances of factoring clients						1,175			1,152			1,067
Borrowings:
Short-term borrowings						386			395			454
Long-term borrowings						37,072			37,145			39,685
Total borrowings						37,458			37,540			40,139
Other liabilities						7,628			7,687			7,361
Total liabilities						$	197,340		$	195,988		$	189,731
Stockholders’ equity
Preferred stock						881			881			881
Common stock:
Class A - $1 par value						14			14			14
Class B - $1 par value						1			1			1
Additional paid in capital						4,099			4,099			4,106
Retained earnings						18,102			17,435			15,541
Accumulated other comprehensive loss						(610)			(582)			(772)
Total stockholders’ equity						22,487			21,848			19,771
Total liabilities and stockholders’ equity						$	219,827		$	217,836		$	209,502

Dollars in millions, except share per share data
Notable Items (1)						Three Months Ended												Six Months Ended
						June 30, 2024			March 31, 2024			June 30, 2023						June 30, 2024			June 30, 2023
Noninterest income
Rental income on operating lease equipment (2)						$	(158)		$	(141)		$	(147)					$	(299)		$	(292)
Realized loss on sale of investment securities available for sale, net						—			—			—						—			14
Fair value adjustment on marketable equity securities, net						2			4			10						6			19
Gain on sale of leasing equipment, net						(4)			(10)			(4)						(14)			(8)
Gain on acquisition						—			—			(55)						—			(9,879)
Loss on extinguishment of debt						—			2			—						2			—
Other noninterest income (3)						—			(4)			—						(4)			—
Impact of notable items on adjusted noninterest income						$	(160)		$	(149)		$	(196)					$	(309)		$	(10,146)
Noninterest expense
Depreciation on operating lease equipment (2)						(98)			(96)			(91)						(194)			(180)
Maintenance and other operating lease equipment expense (2)						(60)			(45)			(56)						(105)			(112)
Professional fees (4)						(1)			(3)			—						(4)			—
FDIC insurance special assessment						(2)			(9)			—						(11)			—
Acquisition-related expenses						(44)			(58)			(205)						(102)			(233)
Intangible asset amortization						(15)			(17)			(18)						(32)			(23)
Other noninterest expense (5)						2			6			—						8			—
Impact of notable items on adjusted noninterest expense						$	(218)		$	(222)		$	(370)					$	(440)		$	(548)
Day 2 provisions for loan and lease losses and off-balance sheet credit exposure						$	—		$	—		$	—					$	—		$	(716)
Provision for credit losses on investment securities available for sale						—			—			1						—			(3)
Impact of notable items on adjusted provision for credit losses						$	—		$	—		$	1					$	—		$	(719)
Impact of notable items on adjusted pre-tax income						$	58		$	73		$	173					$	131		$	(8,879)
Income tax impact (6)						10			20			75						30			235
Impact of notable items on adjusted net income						$	48		$	53		$	98					$	101		$	(9,114)
Impact of notable items on adjusted diluted EPS						$	3.33		$	3.66		$	6.73					$	6.99		$	(626.84)

(1) Notable items include income and expense for infrequent transactions and certain recurring items (typically noncash) that management believes should be excluded from adjusted measures (non-GAAP) to enhance understanding of operations and comparability to historical periods. Management utilizes both GAAP and adjusted measures (non-GAAP) to analyze BancShares’ performance. Refer to subsequent pages of this financial supplement for a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.

(2) Depreciation and maintenance and other operating lease expenses are reclassified from noninterest expense to a reduction of rental income on operating lease equipment. There is no net impact to earnings for this notable item as adjusted noninterest income and expense are reduced by the same amount. Adjusted rental income on operating lease equipment (non-GAAP) is net of depreciation and maintenance expense for operating lease equipment. Management believes this measure is meaningful because it helps management monitor the performance and profitability of the operating leases after deducting direct expenses. Refer to subsequent pages of this financial supplement for a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.

(3) Other noninterest income includes a gain on litigation settlement.

(4) Professional fees includes expenses related to integration activities.

(5) Other noninterest expense consists of litigation reserve releases.

(6) For the periods presented, the income tax impact may include tax discrete items and changes in the estimated annualized effective tax rate.

Dollars in millions, except share and per share data
Condensed Income Statements (unaudited) - Adjusted for Notable Items (1)			Three Months Ended												Six Months Ended
			June 30, 2024			March 31, 2024			June 30, 2023						June 30, 2024			June 30, 2023
Interest income			$	3,130		$	3,084		$	2,953					$	6,214		$	4,164
Interest expense			1,309			1,267			992						2,576			1,353
Net interest income			1,821			1,817			1,961						3,638			2,811
Provision for credit losses			95			64			152						159			215
Net interest income after provision for credit losses			1,726			1,753			1,809						3,479			2,596
Noninterest income			479			478			462						957			771
Noninterest expense			1,168			1,154			1,202						2,322			1,879
Income before income taxes			1,037			1,077			1,069						2,114			1,488
Income tax expense			282			293			289						575			402
Net income			$	755		$	784		$	780					$	1,539		$	1,086
Preferred stock dividends			16			15			15						31			29
Net income available to common stockholders			$	739		$	769		$	765					$	1,508		$	1,057
Basic earnings per common share			$	50.87		$	52.94		$	52.64					$	103.81		$	72.75
Diluted earnings per common share			50.87			52.92			52.60						103.79			72.69
Weighted average common shares outstanding (basic)			14,534,499			14,533,302			14,528,134						14,533,900			14,527,417
Weighted average common shares outstanding (diluted)			14,534,499			14,536,442			14,537,938						14,535,472			14,539,176

(1) The GAAP income statements and notable items are included previously in this financial supplement. The condensed adjusted income statements above (non-GAAP) exclude the impact of notable items. Refer to the non-GAAP reconciliation tables at the end of this financial supplement for a reconciliation of non-GAAP measures to the most directly comparable GAAP measure.

Dollars in millions
Loans and Leases by Class (end of period)			June 30, 2024			March 31, 2024			June 30, 2023
Commercial
Commercial construction			$	4,484		$	4,062		$	3,665
Owner occupied commercial mortgages			16,233			15,979			14,679
Non-owner occupied commercial mortgages			15,580			15,329			13,939
Commercial and industrial			30,684			30,164			27,654
Leases			2,049			2,067			2,130
Total commercial			$	69,030		$	67,601		$	62,067
Consumer
Residential mortgage			$	23,101		$	22,901		$	22,087
Revolving mortgage			2,351			2,240			2,067
Consumer auto			1,503			1,476			1,425
Consumer other			1,388			1,306			1,239
Total consumer			$	28,343		$	27,923		$	26,818
SVB
Global fund banking			$	28,915		$	26,518		$	29,333
Investor dependent - early stage			1,179			1,293			1,840
Investor dependent - growth stage			2,627			2,696			4,052
Innovation C&I and cash flow dependent			9,247			9,339			8,905
Total SVB			$	41,968		$	39,846		$	44,130
Total loans and leases			$	139,341		$	135,370		$	133,015
Less: allowance for loan and lease losses			(1,700)			(1,737)			(1,637)
Total loans and leases, net of allowance for loan and lease losses			$	137,641		$	133,633		$	131,378
Deposits by Type (end of period)			June 30, 2024			March 31, 2024			June 30, 2023
Noninterest-bearing demand			$	40,016		$	39,276		$	44,547
Checking with interest			23,907			24,244			24,809
Money market			32,636			31,393			29,150
Savings			39,361			37,688			26,587
Time			15,159			17,008			16,071
Total deposits			$	151,079		$	149,609		$	141,164

Dollars in millions
															Three Months Ended												Six Months Ended
Credit Quality and Allowance for Loan and Lease Losses (ALLL)															June 30, 2024			March 31, 2024			June 30, 2023						June 30, 2024			June 30, 2023
Nonaccrual loans at period end															$	1,141		$	1,074		$	929
Ratio of nonaccrual loans to total loans at period end															0.82		%	0.79		%	0.70		%
Charge-offs															$	(159)		$	(128)		$	(176)					$	(287)		$	(238)
Recoveries															27			25			19						52			31
Net charge-offs															$	(132)		$	(103)		$	(157)					$	(235)		$	(207)
Net charge-off ratio															0.38		%	0.31		%	0.47		%				0.35		%	0.39		%
ALLL to loans ratio at period end															1.22		%	1.28		%	1.23		%
ALLL at beginning of period															$	1,737		$	1,747		$	1,605					$	1,747		$	922
Initial PCD ALLL															—			—			20						—			220
Day 2 provision for loan and lease losses															—			—			—						—			462
Provision for loan and lease losses															95			93			169						188			240
Net charge-offs															(132)			(103)			(157)						(235)			(207)
ALLL at end of period															$	1,700		$	1,737		$	1,637					$	1,700		$	1,637

Dollars in millions			Three Months Ended
Average Balance Sheets, Yields and Rates			June 30, 2024									March 31, 2024									June 30, 2023
			Average Balance			Income/Expense			Yield/Rate			Average Balance			Income/Expense			Yield/Rate			Average Balance			Income/Expense			Yield/Rate
Loans and leases (1)(2)			$	135,965		$	2,422		7.15		%	$	132,313		$	2,354		7.15		%	$	133,204		$	2,353		7.08		%
Investment securities			36,445			327			3.60			32,647			279			3.42			19,806			117			2.36
Securities purchased under agreements to resell			236			3			5.37			244			3			5.40			191			3			4.92
Interest-earning deposits at banks			28,059			378			5.42			33,383			448			5.39			38,014			480			5.07
Total interest-earning assets (2)			$	200,705		$	3,130		6.26		%	$	198,587		$	3,084		6.23		%	$	191,215		$	2,953		6.19		%
Operating lease equipment, net			$	8,888								$	8,806								$	8,405
Cash and due from banks			750									785									1,161
Allowance for loan and lease losses			(1,763)									(1,796)									(1,600)
All other noninterest-earning assets			10,311									9,699									10,128
Total assets			$	218,891								$	216,081								$	209,309
Interest-bearing deposits
Checking with interest			$	24,427		$	137		2.26		%	$	23,963		$	130		2.18		%	$	24,164		$	118		1.96		%
Money market			31,998			250			3.14			30,929			232			3.02			29,066			148			2.04
Savings			38,434			415			4.35			36,493			391			4.31			22,179			188			3.41
Time deposits			16,043			173			4.33			16,679			175			4.21			14,758			121			3.28
Total interest-bearing deposits			110,902			975			3.54			108,064			928			3.45			90,167			575			2.56
Borrowings:
Securities sold under customer repurchase agreements			380			—			0.46			431			1			0.47			456			1			0.31
Short-term FHLB borrowings			—			—			—			—			—			—			110			1			5.17
Short-term borrowings			380			—			0.46			431			1			0.47			566			2			1.26
Federal Home Loan Bank borrowings			—			—			2.00			—			—			2.00			5,558			74			5.35
Senior unsecured borrowings			375			3			2.49			376			2			2.50			798			4			2.11
Subordinated debt			901			7			3.32			911			8			3.29			1,045			10			3.59
Other borrowings			35,824			324			3.61			35,859			328			3.66			35,168			327			3.73
Long-term borrowings			37,100			334			3.60			37,146			338			3.64			42,569			415			3.91
Total borrowings			37,480			334			3.56			37,577			339			3.60			43,135			417			3.87
Total interest-bearing liabilities			$	148,382		$	1,309		3.54		%	$	145,641		$	1,267		3.49		%	$	133,302		$	992		2.98		%
Noninterest-bearing deposits			$	39,344								$	39,651								$	47,271
Credit balances of factoring clients			1,234									1,105									1,168
Other noninterest-bearing liabilities			7,879									8,186									8,047
Stockholders' equity			22,052									21,498									19,521
Total liabilities and stockholders’ equity			$	218,891								$	216,081								$	209,309
Net interest income						$	1,821								$	1,817								$	1,961
Net interest spread (2)									2.72		%							2.74		%							3.21		%
Net interest margin (2)									3.64		%							3.67		%							4.11		%
(1) Loans and leases include non-PCD and PCD loans, nonaccrual loans, and loans held for sale. Interest income on loans and leases includes accretion income and loan fees.
(2) The balance and rate presented is calculated net of average credit balances and deposits of factoring clients.
Note: Certain items above do not precisely recalculate as presented due to rounding.

Dollars in millions			Six Months Ended
Average Balance Sheets, Yields and Rates			June 30, 2024												June 30, 2023
			Average Balance			Income/Expense			Yield/Rate												Average Balance			Income/Expense			Yield/Rate
Loans and leases (1)(2)			$	134,139		$	4,776		7.15		%										$	103,562		$	3,370		6.55		%
Investment securities			34,546			606			3.51												19,612			224			2.29
Securities purchased under agreements to resell			240			6			5.38												96			3			4.92
Interest-earning deposits at banks			30,721			826			5.41												22,884			567			4.99
Total interest-earning assets (2)			$	199,646		$	6,214		6.25		%										$	146,154		$	4,164		5.73		%
Operating lease equipment, net			$	8,847																	$	8,321
Cash and due from banks			768																		880
Allowance for loan and lease losses			(1,780)																		(1,270)
All other noninterest-earning assets			10,005																		8,909
Total assets			$	217,486																	$	162,994
Interest-bearing deposits
Checking with interest			$	24,195		$	267		2.22		%										$	20,350		$	140		1.39		%
Money market			31,463			482			3.08												25,163			228			1.82
Savings			37,463			806			4.33												19,966			298			3.01
Time deposits			16,361			348			4.27												13,345			197			2.98
Total interest-bearing deposits			109,482			1,903			3.50												78,824			863			2.21
Borrowings:
Securities sold under customer repurchase agreements			406			1			0.47												456			1			0.31
Short-term FHLB borrowings			—			—			—												218			5			4.79
Short-term borrowings			406			1			0.47												674			6			1.76
Federal Home Loan Bank borrowings			—			—			2.00												4,427			114			5.20
Senior unsecured borrowings			376			5			2.50												840			9			2.09
Subordinated debt			906			15			3.30												1,047			19			3.57
Other borrowings			35,842			652			3.64												18,665			342			3.67
Long-term borrowings			37,124			672			3.62												24,979			484			3.88
Total borrowings			37,530			673			3.58												25,653			490			3.83
Total interest-bearing liabilities			$	147,012		$	2,576		3.52		%										$	104,477		$	1,353		2.60		%
Noninterest-bearing deposits			$	39,498																	$	36,934
Credit balances of factoring clients			1,169																		1,088
Other noninterest-bearing liabilities			8,032																		5,050
Stockholders' equity			21,775																		15,445
Total liabilities and stockholders’ equity			$	217,486																	$	162,994
Net interest income						$	3,638																	$	2,811
Net interest spread (2)									2.73		%																3.13		%
Net interest margin (2)									3.66		%																3.87		%
(1) Loans and leases include non-PCD and PCD loans, nonaccrual loans, and loans held for sale. Interest income on loans and leases includes accretion income and loan fees.
(2) The balance and rate presented is calculated net of average credit balances and deposits of factoring clients.
Note: Certain items above do not precisely recalculate as presented due to rounding.

Dollars in millions, except share and per share data
						Three Months Ended												Six Months Ended
Non-GAAP Reconciliations						June 30, 2024			March 31, 2024			June 30, 2023						June 30, 2024			June 30, 2023
Net income and EPS
Net income (GAAP)			a			$	707		$	731		$	682					$	1,438		$	10,200
Preferred stock dividends						16			15			15						31			29
Net income available to common stockholders (GAAP)			b			$	691		$	716		$	667					$	1,407		$	10,171
Total notable items, after income tax			c			48			53			98						101			(9,114)
Adjusted net income (non-GAAP)			d = (a+c)			755			784			780						1,539			1,086
Adjusted net income available to common stockholders (non-GAAP)			e = (b+c)			$	739		$	769		$	765					$	1,508		$	1,057
Weighted average common shares outstanding
Basic			f			14,534,499			14,533,302			14,528,134						14,533,900			14,527,417
Diluted			g			14,534,499			14,536,442			14,537,938						14,535,472			14,539,176
EPS (GAAP)
Basic			b/f			$	47.54		$	49.27		$	45.90					$	96.81		$	700.10
Diluted			b/g			47.54			49.26			45.87						96.80			699.53
Adjusted EPS (non-GAAP)
Basic			e/f			$	50.87		$	52.94		$	52.64					$	103.81		$	72.75
Diluted			e/g			50.87			52.92			52.60						103.79			72.69
Noninterest income and expense
Noninterest income			h			$	639		$	627		$	658					$	1,266		$	10,917
Impact of notable items, before income tax						(160)			(149)			(196)						(309)			(10,146)
Adjusted noninterest income (non-GAAP)			i			$	479		$	478		$	462					$	957		$	771
Noninterest expense			j			$	1,386		$	1,376		$	1,572					$	2,762		$	2,427
Impact of notable items, before income tax						(218)			(222)			(370)						(440)			(548)
Adjusted noninterest expense (non-GAAP)			k			$	1,168		$	1,154		$	1,202					$	2,322		$	1,879
Provision for credit losses
Provision for credit losses						$	95		$	64		$	151					$	159		$	934
Less: day 2 provision for loan and lease losses and off-balance sheet exposure						—			—			—						—			716
Less: provision (benefit) for credit losses on investment securities available for sale						—			—			(1)						—			3
Adjusted provision for credit losses (non-GAAP)						$	95		$	64		$	152					$	159		$	215
PPNR
Net income (GAAP)			a			$	707		$	731		$	682					$	1,438		$	10,200
Plus:
Provision for credit losses						95			64			151						159			934
Income tax expense						272			273			214						545			167
PPNR (non-GAAP)			l			$	1,074		$	1,068		$	1,047					$	2,142		$	11,301
Impact of notable items (1)						58			73			174						131			(9,598)
Adjusted PPNR (non-GAAP)			m			$	1,132		$	1,141		$	1,221					$	2,273		$	1,703
(1) Excludes the notable items for the provision for credit losses and income taxes as these items are excluded from PPNR as presented in the table above.
Note: Certain items above do not precisely recalculate as presented due to rounding.

Dollars in millions
						Three Months Ended												Six Months Ended
Non-GAAP Reconciliations (continued)						June 30, 2024			March 31, 2024			June 30, 2023						June 30, 2024			June 30, 2023
ROA
Net income (GAAP)			a			$	707		$	731		$	682					$	1,438		$	10,200
Annualized net income			n = a annualized			2,842			2,942			2,734						2,892			20,569
Adjusted net income (non-GAAP)			d			755			784			780						1,539			1,086
Annualized adjusted net income			p = d annualized			3,036			3,156			3,126						3,096			2,192
Average assets			o			218,891			216,081			209,309						217,486			162,994
ROA			n/o			1.30		%	1.36		%	1.31		%				1.33		%	12.62		%
Adjusted ROA (non-GAAP)			p/o			1.39			1.46			1.49						1.42			1.34
PPNR ROA
PPNR (non-GAAP)			l			$	1,074		$	1,068		$	1,047					$	2,142		$	11,301
Annualized PPNR			q = l annualized			4,316			4,296			4,200						4,306			22,789
Adjusted PPNR (non-GAAP)			m			1,132			1,141			1,221						2,273			1,703
Annualized adjusted PPNR			r = m annualized			4,552			4,589			4,893						4,571			3,432
PPNR ROA (non-GAAP)			q/o			1.97		%	1.99		%	2.00		%				1.98		%	13.98		%
Adjusted PPNR ROA (non-GAAP)			r/o			2.08			2.12			2.34						2.10			2.11
ROE and ROTCE
Annualized net income available to common stockholders			s = b annualized			$	2,779		$	2,880		$	2,675					$	2,830		$	20,510
Annualized adjusted net income available to common stockholders			t = e annualized			$	2,974		$	3,094		$	3,067					$	3,034		$	2,131
Average stockholders' equity (GAAP)						$	22,052		$	21,498		$	19,521					$	21,775		$	15,445
Less: average preferred stock						881			881			881						881			881
Average common stockholders' equity (non-GAAP)			u			$	21,171		$	20,617		$	18,640					$	20,894		$	14,564
Less: average goodwill						346			346			346						346			346
Less: average other intangible assets						288			304			357						296			266
Average tangible common equity (non-GAAP)			v			$	20,537		$	19,967		$	17,937					$	20,252		$	13,952
ROE			s/u			13.13		%	13.97		%	14.35		%				13.54		%	140.82		%
Adjusted ROE (non-GAAP)			t/u			14.05			15.01			16.46						14.52			14.63
ROTCE (non-GAAP)			s/v			13.53			14.42			14.91						13.97			146.99
Adjusted ROTCE (non-GAAP)			t/v			14.48			15.50			17.10						14.98			15.27
Tangible common equity to tangible assets at period end
Stockholders' equity (GAAP)			w			$	22,487		$	21,848		$	19,771
Less: preferred stock						881			881			881
Common equity (non-GAAP)			x			$	21,606		$	20,967		$	18,890
Less: goodwill						346			346			346
Less: other intangible assets						280			295			347
Tangible common equity (non-GAAP)			y			$	20,980		$	20,326		$	18,197
Total assets (GAAP)			z			219,827			217,836			209,502
Tangible assets (non-GAAP)			aa			219,201			217,195			208,809
Total equity to total assets (GAAP)			w/z			10.23		%	10.03		%	9.44		%
Tangible common equity to tangible assets (non-GAAP)			y/aa			9.57			9.36			8.71
Note: Certain items above do not precisely recalculate as presented due to rounding.

Dollars in millions, except share and per share data
						Three Months Ended												Six Months Ended
Non-GAAP Reconciliations (continued)						June 30, 2024			March 31, 2024			June 30, 2023						June 30, 2024			June 30, 2023
Book value and tangible book value per common share at period end
Common shares outstanding at period end			bb			14,529,735			14,529,735			14,520,034
Book value per share			x/bb			$	1,487.00		$	1,443.03		$	1,300.93
Tangible book value per share (non-GAAP)			y/bb			1,443.92			1,398.88			1,253.20
Efficiency ratio
Net interest income			cc			$	1,821		$	1,817		$	1,961					$	3,638		$	2,811
Efficiency ratio (GAAP)			j / (h + cc)			56.36		%	56.30		%	60.06		%				56.33		%	17.68		%
Adjusted efficiency ratio (non-GAAP)			k / (i + cc)			50.77			50.29			49.65						50.53		%	52.47		%
Rental income on operating lease equipment
Rental income on operating lease equipment						$	259		$	255		$	238					$	514		$	471
Less: depreciation on operating lease equipment						98			96			91						194			180
Less: maintenance and other operating lease expenses						60			45			56						105			112
Adjusted rental income on operating lease equipment (non-GAAP)						$	101		$	114		$	91					$	215		$	179
Net Interest Margin
Net interest margin (NIM)						3.64		%	3.67		%	4.11		%				3.66		%	3.87		%
NIM impact from purchase accounting accretion						(0.28)			(0.32)			(0.52)						(0.30)			(0.38)
NIM, excluding purchase accounting accretion (non-GAAP)						3.36		%	3.35		%	3.59		%				3.36		%	3.49		%
Note: Certain items above do not precisely recalculate as presented due to rounding.