Loans and Leases (Tables)

3 Months Ended

Mar. 31, 2025

Loans and Leases Classified by Primary Purpose

The following table provides a summary of commercial loans and leases classified by primary purpose and consumer loans classified based upon product or collateral as of:


($ in millions)	March 31, 2025		December 31, 2024
Loans and leases held for sale:
Commercial and industrial loans	$	28	15
Commercial mortgage loans	—		22
Commercial construction loans	—		29

Residential mortgage loans	445		574
Total loans and leases held for sale	$	473	640
Portfolio loans and leases:
Commercial and industrial loans	$	53,700	52,271
Commercial mortgage loans	12,357		12,246
Commercial construction loans	5,952		5,588
Commercial leases	3,128		3,188
Total commercial loans and leases	$	75,137	73,293
Residential mortgage loans	$	17,581	17,543
Home equity	4,265		4,188
Indirect secured consumer loans	16,804		16,313
Credit card	1,660		1,734
Solar energy installation loans	4,262		4,202
Other consumer loans	2,482		2,518
Total consumer loans	$	47,054	46,498
Total portfolio loans and leases	$	122,191	119,791

Total Loans and Leases Owned by the Bancorp

The following table presents a summary of net charge-offs:


	For the three months ended March 31,
($ in millions)	2025		2024
Commercial and industrial loans	$	52	35
Commercial mortgage loans	10		—

Commercial leases	2		—


Indirect secured consumer loans	21		24
Credit card	17		18
Solar energy installation loans	18		12
Other consumer loans	16		21
Total net charge-offs	$	136	110

Summary of Income

The following table presents the income recognized related to leases where the Bancorp is the lessor:


		For the three months ended March 31,
($ in millions)	Condensed Consolidated Statements of Income Caption	2025		2024
Direct financing leases	Interest and fees on loans and leases	$	10	9
Sales-type leases	Interest and fees on loans and leases	26		18
Operating leases	Commercial banking revenue	20		28

Summary of Income

The following table presents the income recognized related to leases where the Bancorp is the lessor:


		For the three months ended March 31,
($ in millions)	Condensed Consolidated Statements of Income Caption	2025		2024
Direct financing leases	Interest and fees on loans and leases	$	10	9
Sales-type leases	Interest and fees on loans and leases	26		18
Operating leases	Commercial banking revenue	20		28

Summary of Income

The following table presents the income recognized related to leases where the Bancorp is the lessor:


		For the three months ended March 31,
($ in millions)	Condensed Consolidated Statements of Income Caption	2025		2024
Direct financing leases	Interest and fees on loans and leases	$	10	9
Sales-type leases	Interest and fees on loans and leases	26		18
Operating leases	Commercial banking revenue	20		28