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Consolidated Statements Of Comprehensive Income (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
INTEREST INCOME    
Interest and fees on loans $ 759 $ 808
Interest on investment securities 109 102
Interest on short-term investments 56 109
Total interest income 924 1,019
INTEREST EXPENSE    
Interest on deposits 252 317
Interest on short-term borrowings 2 37
Interest on medium- and long-term debt [1] 95 117
Total interest expense 349 471
Net interest income 575 548
Provision for credit losses 20 14
Net interest income after provision for credit losses 555 534
NONINTEREST INCOME    
Card fees 59 66
Fiduciary income 52 51
Service charges on deposit accounts 46 45
Capital markets income 31 30
Commercial lending fees 16 16
Brokerage fees 14 10
Letter of credit fees 9 10
Bank-owned life insurance 11 10
Risk management hedging income (loss) 7 (25)
Other noninterest income 9 23
Total noninterest income 254 236
NONINTEREST EXPENSES    
Salaries and benefits expense 368 348
Outside processing fee expense 64 68
Software expense 48 44
Occupancy expense 46 44
FDIC insurance expense 14 36
FDIC insurance expense 13 12
Advertising expense 8 8
Other noninterest expenses 23 43
Total noninterest expenses 584 603
Income before income taxes 225 167
Provision for income taxes 53 29
NET INCOME 172 138
Less:    
Income allocated to participating securities 1 1
Preferred stock dividends 6 6
Net income attributable to common shares $ 165 $ 131
Earnings per common share:    
Basic (in dollars per share) $ 1.26 $ 0.99
Diluted (in dollars per share) $ 1.25 $ 0.98
Comprehensive income (loss) $ 638 $ (271)
Cash dividends declared on common stock $ 93 $ 94
Cash dividends declared per common share (in dollars per share) $ 0.71 $ 0.71
[1] Includes the effects of hedging.