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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net income $ 2,229 $ 1,960 $ 1,971
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 463 420 402
Depreciation, amortization, and accretion 762 622 798
Share-based compensation expense 113 106 97
Deferred income tax benefit (403) (26) (302)
Net losses (gains) on sales of securities 58 0 0
Gain from early extinguishment of debt (11) (8) 0
Net change in:      
Trading account securities (10) 72 (106)
Loans held for sale (170) (227) (83)
Other assets (825) (761) (491)
Short-term borrowings 117 21 0
Other liabilities 230 (344) 341
Other, net 71 (1) (30)
Net cash provided by operating activities 2,482 1,836 2,657
Investing activities      
Change in interest-earning deposits with banks 297 (254) 23
Proceeds from:      
Maturities and calls of available-for-sale securities 7,137 11,001 2,689
Maturities and calls of held-to-maturity securities 1,642 1,397 1,523
Maturities and calls of other securities 109 57 615
Sales of available-for-sale securities 1,691 990 767
Sales of other securities 0 0 144
Purchases of available-for-sale securities (5,325) (14,043) (4,965)
Purchases of held-to-maturity securities (515) (2,037) (256)
Purchases of other securities (211) (155) (630)
Net proceeds from sales of loans and leases 457 391 450
Principal payments received under direct finance leases 1,856 1,769 1,891
Net loan and lease activity, excluding sales and purchases (12,850) (10,025) (5,108)
Purchases of premises and equipment (267) (143) (140)
Purchases of loans and leases (981) (680) (71)
Net accrued income and other receivables activity (332) (474) (17)
Net cash and cash equivalents received from business combinations 864 0 0
Other, net 81 87 88
Net cash used in investing activities (6,347) (12,119) (2,997)
Financing activities      
Increase in deposits 3,646 11,218 3,316
Increase (decrease) in short-term borrowings 785 (803) (1,295)
Net proceeds from issuance of long-term debt 2,500 7,661 14,965
Repayment of long-term debt (2,053) (3,563) (12,376)
Dividends paid on preferred stock (108) (143) (134)
Dividends paid on common stock (908) (903) (900)
Repurchase/redemption of preferred stock 0 (410) (82)
Net proceeds from issuance of preferred stock 741 0 317
Other, net (90) (56) (46)
Net cash provided by financing activities 4,513 13,001 3,765
Increase in cash and cash equivalents 648 2,718 3,425
Cash and cash equivalents at beginning of period [1] 12,847 10,129 6,704
Cash and cash equivalents at end of period [1] 13,495 12,847 10,129
Supplemental disclosures:      
Interest paid 4,267 4,547 3,359
Income taxes paid 274 123 90
Non-cash activities:      
Loans transferred to held-for-sale from portfolio 988 390 439
Loans transferred to portfolio from held-for-sale 23 34 22
Veritex Holdings, Inc.      
Business combination:      
Fair value of tangible assets acquired 11,057 0 0
Goodwill and other intangible assets 555 0 0
Fair value of liabilities assumed 10,792 0 0
Common stock and equity-based awards issued $ 1,682 $ 0 $ 0
[1] Includes cash and due from banks and interest-earning deposits at the FRB, included within Interest-earning deposits with banks on our Consolidated Balance Sheets.