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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Noninterest Income    
Trust, Investment and Other Servicing Fees $ 1,213.8 $ 1,142.9
Foreign Exchange Trading Income 58.7 57.0
Treasury Management Fees 9.6 9.3
Security Commissions and Trading Income 39.1 37.9
Other Operating Income 50.7 61.0
Investment Security Gains (Losses), net 0.0 (189.4)
Total Noninterest Income 1,371.9 1,118.7
Net Interest Income    
Interest Income 2,140.9 2,445.6
Interest Expense 1,572.8 1,917.5
Net Interest Income 568.1 528.1
Provision for Credit Losses 1.0 (8.5)
Net Interest Income after Provision for Credit Losses 567.1 536.6
Noninterest Expense    
Compensation 644.4 627.1
Employee Benefits 109.7 101.1
Outside Services 245.2 229.3
Equipment and Software 280.9 252.7
Occupancy 53.4 54.1
Other Operating Expense 84.0 100.4
Total Noninterest Expense 1,417.6 1,364.7
Income before Income Taxes 521.4 290.6
Provision for Income Taxes 129.4 75.9
Net Income 392.0 214.7
Preferred Stock Dividends 16.2 16.2
Net Income Applicable to Common Stock $ 375.8 $ 198.5
Per Common Share    
Net Income — Basic (in dollars per share) $ 1.91 $ 0.96
Net Income — Diluted (in dollars per share) $ 1.90 $ 0.96
Average Number of Common Shares Outstanding    
Basic (in shares) 195,192,789 204,628,796
Diluted (in shares) 196,124,971 205,134,845