Business Segments (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Operating Results and Key Financial Measures by Operating Segments

The following tables present the operating results and other key financial measures for the individual operating segments as of and for the three months ended March 31, 2026 and 2025:



($ in thousands)	Consumer and Business Banking		Commercial Banking		Treasury and Other			Total
Three Months Ended March 31, 2026






Net interest income before provision for (reversal of) credit losses	$	269,247	$	261,286	$	140,660		$	671,193
Noninterest income	39,962		54,331		8,263			102,556
Total revenue before provision for (reversal of) credit losses	309,209		315,617		148,923			773,749
Provision for (reversal of) credit losses	9,185		27,007		(192)			36,000
Compensation and employee benefits	70,096		74,844		27,725			172,665
Other noninterest expense (1)	62,005		36,470		9,174			107,649
Total noninterest expense	132,101		111,314		36,899			280,314
Segment income before income taxes	167,923		177,296		112,216			457,435

Segment net income	$	120,864	$	127,639	$	109,293		$	357,796
Average balances:
Loans	$	21,034,978	$	36,019,671	$	—	(2)	$	57,054,649
Deposits	$	35,048,413	$	28,087,719	$	4,411,502		$	67,547,634
As of March 31, 2026

Segment assets	$	21,626,337	$	38,707,909	$	22,551,906		$	82,886,152



($ in thousands)	Consumer and Business Banking		Commercial Banking		Treasury and Other		Total
Three Months Ended March 31, 2025






Net interest income before provision for credit losses	$	269,733	$	253,001	$	77,467	$	600,201
Noninterest income	32,285		53,579		6,238		92,102
Total revenue before provision for credit losses	302,018		306,580		83,705		692,303
Provision for credit losses	7,685		40,779		536		49,000
Compensation and employee benefits	61,964		61,187		23,284		146,435
Other noninterest expense (1)	57,192		42,318		6,203		105,713
Total noninterest expense	119,156		103,505		29,487		252,148
Segment income before income taxes	175,177		162,296		53,682		391,155

Segment net income	$	123,088	$	114,025	$	53,157	$	290,270
Average balances:
Loans	$	19,762,287	$	33,211,037	$	364,387	$	53,337,711
Deposits (3)	$	32,326,906	$	26,129,141	$	4,181,535	$	62,637,582
As of March 31, 2025

Segment assets	$	20,404,813	$	35,790,014	$	19,970,186	$	76,165,013

(1)The Consumer and Business Banking segment's other noninterest expense is primarily comprised of corporate overhead allocated expenses, occupancy and equipment expense, and other operating expenses. The Commercial Banking segment’s other noninterest expense is primarily comprised of corporate overhead allocated expenses, occupancy and equipment expense, deposit account expense, and other operating expenses. The Treasury and Other segment's other noninterest expense is primarily comprised of amortization of tax credit and CRA investments, and other operating expenses, net of any corporate overhead expenses allocated to other segments.

(2)Reallocated to the Commercial Banking and Consumer and Business Banking segments effective first quarter of 2026.

(3)Prior period balances have been reclassified for comparability due to a change in allocation methodology.