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Goodwill
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill Goodwill
Business combinations entered into by the Bancorp typically result in the recognition of goodwill. Acquisition activity includes acquisitions in the respective period in addition to purchase accounting adjustments related to previous acquisitions within each applicable measurement period.

On February 1, 2026, the Bancorp completed its acquisition of Comerica Incorporated. In connection with the acquisition, the Bancorp recorded $5.0 billion of goodwill. The fair value estimates of assets acquired and liabilities assumed are considered preliminary as of June 30, 2026 and are subject to change for up to one year after the acquisition date as additional information becomes available. Due to the timing of the acquisition, the Bancorp is in the process of completing its analysis of the allocation of the goodwill across its three reporting units, therefore goodwill is presented as part of General Corporate and Other as of June 30, 2026. Additionally, on May 1, 2026, the Bancorp completed its acquisition of a DUS business line and recorded $21 million of goodwill.

Changes in the net carrying amount of goodwill, by reporting unit, for the six months ended June 30, 2026 and the year ended December 31, 2025 were as follows:
($ in millions)Commercial
Banking
Consumer and Small Business
Banking
Wealth
and Asset
Management
General
Corporate
and Other
Total
Goodwill$3,074 2,584 225 — 5,883 
Accumulated impairment losses(750)(215)— — (965)
Net carrying value as of December 31, 20242,324 2,369 225 — 4,918 
Acquisition activity29 — — — 29 
Reallocation of goodwill(73)73 — — — 
Net carrying value as of December 31, 20252,280 2,442 225  4,947 
Acquisition activity21   5,022 5,043 
Net carrying value as of June 30, 2026$2,301 2,442 225 5,022 9,990