XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income    
Loans and leases $ 2,006 $ 2,097
Investment securities:    
Fully taxable 321 212
Exempt from federal taxes 15 16
Deposits at banks 218 419
Other 0 1
Total interest income 2,560 2,745
Interest expense    
Savings and interest-checking deposits 552 615
Time deposits 124 225
Short-term borrowings 32 84
Long-term borrowings 157 141
Total interest expense 865 1,065
Net interest income 1,695 1,680
Provision for credit losses 130 200
Net interest income after provision for credit losses 1,565 1,480
Other income    
Mortgage banking revenues 118 104
Service charges on deposit accounts 133 124
Trust income 177 160
Brokerage services income 32 29
Trading account and other non-hedging derivative gains 9 9
Gain (loss) on bank investment securities 0 2
Other revenues from operations 142 152
Total other income 611 580
Other expense    
Salaries and employee benefits 887 833
Equipment and net occupancy 132 129
Outside data processing and software 136 120
Professional and other services 84 85
FDIC assessments 23 60
Advertising and marketing 22 20
Amortization of core deposit and other intangible assets 13 15
Other costs of operations 118 134
Total other expense 1,415 1,396
Income before taxes 761 664
Income taxes 177 133
Net income 584 531
Net income available to common shareholders    
Net income available to common stockholders, basic 547 505
Net income available to common stockholders, diluted $ 547 $ 505
Net income per common share    
Earnings per share, basic (in USD per share) $ 3.33 $ 3.04
Earnings per share, diluted (in USD per share) $ 3.32 $ 3.02
Average common shares outstanding    
Average common shares outstanding, basic (in shares) 164,209 166,460
Average common shares outstanding, diluted (in shares) 165,047 167,084