Business Segments (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Movements Between Segments

The following table summarizes the impacts of the movements from the Commercial Banking segment to the Consumer & Small Business Banking segment for the years ended December 31:

($ in millions)	2024		2023	2022
Net interest income (FTE)	$	103	135	74
Income before income taxes (FTE)	68		105	43
Average assets	714		686	660

Results of Operations and Assets by Segment

The following tables present the results of operations and average assets by segment for the three months ended:

March 31, 2025 ($ in millions)	Commercial Banking		Consumer and Small Business Banking	Wealth and Asset Management	General Corporate and Other(c)	Total
Net interest income (FTE)(a)	$	552	975	49	(134)	1,442
Provision for credit losses	80		84	—	10	174
Net interest income after provision for credit losses	$	472	891	49	(144)	1,268
Noninterest income:
Wealth and asset management revenue	$	—	66	106	—	172
Commercial payments revenue	133		20	—	—	153
Consumer banking revenue	—		135	1	1	137
Capital markets fees	90		—	1	(1)	90
Commercial banking revenue	79		1	—	—	80
Mortgage banking net revenue	—		57	—	—	57
Other noninterest income	6		2	1	5	14
Securities losses, net	(7)		—	—	(2)	(9)
Total noninterest income	$	301	281	109	3	694
Noninterest expense:
Compensation and benefits	$	178	236	62	274	750
Technology and communications	3		7	—	113	123
Net occupancy expense	9		54	3	21	87
Equipment expense	8		16	—	18	42
Loan and lease expense	7		18	—	5	30
Marketing expense	1		19	—	8	28
Card and processing expense	3		17	1	—	21
Other noninterest expense(b)	302		283	40	(402)	223
Total noninterest expense	$	511	650	106	37	1,304
Income (loss) before income taxes (FTE)(a)	$	262	522	52	(178)	658
Average assets	$	77,940	54,406	4,657	73,555	210,558

(a)Includes FTE adjustments of $3 for Commercial Banking and $2 for General Corporate and Other.

(b)Includes segment expenses which are classified as other noninterest expense and allocations of corporate and shared services expenses.

(c)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.

March 31, 2024 ($ in millions)	Commercial Banking		Consumer and Small Business Banking	Wealth and Asset Management	General Corporate and Other(c)	Total
Net interest income (FTE)(a)	$	663	1,152	59	(484)	1,390
Provision for (benefit from) credit losses	71		84	—	(61)	94
Net interest income after provision for (benefit from) credit losses	$	592	1,068	59	(423)	1,296
Noninterest income:
Wealth and asset management revenue	$	1	59	101	—	161
Commercial payments revenue	125		20	—	—	145
Consumer banking revenue	—		132	1	2	135
Capital markets fees	96		1	—	—	97
Commercial banking revenue	85		—	—	—	85
Mortgage banking net revenue	—		54	—	—	54
Other noninterest income	17		1	—	5	23
Securities gains, net	1		—	—	9	10
Total noninterest income	$	325	267	102	16	710
Noninterest expense:
Compensation and benefits	$	186	237	62	268	753
Technology and communications	4		7	—	106	117
Net occupancy expense	9		54	3	21	87
Equipment expense	7		13	—	17	37
Loan and lease expense	6		17	—	6	29
Marketing expense	1		22	—	9	32
Card and processing expense	2		19	—	(1)	20
Other noninterest expense(b)	275		281	38	(327)	267
Total noninterest expense	$	490	650	103	99	1,342
Income (loss) before income taxes (FTE)(a)	$	427	685	58	(506)	664
Average assets	$	77,415	51,363	4,413	80,012	213,203

(a)Includes FTE adjustments of $4 for Commercial Banking and $2 for General Corporate and Other.

(b)Includes segment expenses which are classified as other noninterest expense and allocations of corporate and shared services expenses.

(c)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.