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Consolidated Statements of Income - (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest and dividend income:    
Commercial real estate $ 149.6 $ 132.7
Commercial and industrial 106.4 103.9
Equipment financing 68.2 59.0
Residential mortgage 90.4 70.7
Home equity and other consumer 28.0 24.9
Total interest on loans 442.6 391.2
Securities 51.2 47.8
Loans held-for-sale 3.3 0.2
Short-term investments 2.0 1.3
Total interest and dividend income 499.1 440.5
Interest expense:    
Deposits 78.9 81.2
Borrowings 15.4 17.7
Notes and debentures 8.8 8.8
Total interest expense 103.1 107.7
Net interest income 396.0 332.8
Provision for credit losses (notes 3 and 4) 33.5 5.6
Net interest income after provision for credit losses 362.5 327.2
Non-interest income:    
Operating leases 12.6 12.7
Commercial banking lending fees 12.1 7.8
Insurance revenue 10.9 10.5
Cash management fees 7.4 6.8
Other non-interest income (note 2) 34.7 12.3
Total non-interest income 123.8 94.6
Non-interest expense:    
Compensation and benefits 173.9 155.4
Occupancy and equipment 51.0 44.3
Professional and outside services 38.5 20.0
Amortization of other acquisition-related intangible assets (note 8) 10.7 6.7
Operating lease expense 9.8 9.4
Regulatory assessments 8.7 7.0
Other non-interest expense 27.5 34.4
Total non-interest expense 320.1 277.2
Income before income tax expense 166.2 144.6
Income tax expense (note 1) 35.8 30.0
Net income 130.4 114.6
Preferred stock dividend 3.5 3.5
Net income available to common shareholders $ 126.9 $ 111.1
Earnings per common share (note 7):    
Basic (USD per share) $ 0.30 $ 0.30
Diluted (USD per share) $ 0.30 $ 0.30
Bank service charges    
Non-interest income:    
Fees $ 28.0 $ 25.2
Investment management fees    
Non-interest income:    
Fees $ 18.1 $ 19.3