NONINTEREST INCOME

9 Months Ended

Sep. 30, 2025

Other Income and Expenses [Abstract]

NONINTEREST INCOME

NOTE 13 - NONINTEREST INCOME

A portion of the Company’s noninterest income relates to certain fee-based revenue earned from contracts with customers based on the amount of consideration expected to be received upon the transfer of control of a good or service. For a description of the components of revenue from contracts with customers and how each component is recognized for the principal products and services of the Company’s business segments, see Note 21 in the Company’s 2024 Form 10-K.

The following tables present noninterest income segregated by revenue from contracts with customers and revenue from other sources, disaggregated by business segment. Revenue from other sources primarily includes income from letter of credit and loan fees, foreign exchange and derivative products, and mortgage banking fees.

	Three Months Ended September 30, 2025
(dollars in millions)	Consumer Banking	Commercial Banking	Non-Core	Other	Consolidated
Service charges and fees	$78	$33	$—	$—	$111
Card fees	73	12	—	—	85
Capital markets fees	—	158	—	—	158
Wealth fees	93	—	—	—	93
Other banking fees	1	4	—	—	5
Total revenue from contracts with customers	$245	$207	$—	$—	$452
Total revenue from other sources(1)	66	79	4	29	178
Total noninterest income	$311	$286	$4	$29	$630

	Three Months Ended September 30, 2024
(dollars in millions)	Consumer Banking	Commercial Banking	Non-Core	Other	Consolidated
Service charges and fees	$75	$34	$—	$—	$109
Card fees	73	12	—	6	91
Capital markets fees	—	88	—	—	88
Wealth fees	76	—	—	—	76
Other banking fees	1	2	—	—	3
Total revenue from contracts with customers	$225	$136	$—	$6	$367
Total revenue from other sources(1)	60	71	—	34	165
Total noninterest income	$285	$207	$—	$40	$532

	Nine Months Ended September 30, 2025
(dollars in millions)	Consumer Banking	Commercial Banking	Non-Core	Other	Consolidated
Service charges and fees	$229	$101	$—	$—	$330
Card fees	214	38	—	—	252
Capital markets fees	—	348	—	—	348
Wealth fees	262	—	—	—	262
Other banking fees	2	8	—	—	10
Total revenue from contracts with customers	$707	$495	$—	$—	$1,202
Total revenue from other sources(1)	230	238	7	97	572
Total noninterest income	$937	$733	$7	$97	$1,774

	Nine Months Ended September 30, 2024
(dollars in millions)	Consumer Banking	Commercial Banking	Non-Core	Other	Consolidated
Service charges and fees	$213	$97	$—	$—	$310
Card fees	213	40	—	13	266
Capital markets fees	—	330	—	—	330
Wealth fees	219	—	—	—	219
Other banking fees	2	8	—	1	11
Total revenue from contracts with customers	$647	$475	$—	$14	$1,136
Total revenue from other sources(1)	173	201	—	92	466
Total noninterest income	$820	$676	$—	$106	$1,602

(1) Includes bank-owned life insurance income of $30 million and $26 million for the three months ended September 30, 2025 and 2024, respectively, and $85 million and $80 million for the nine months ended September 30, 2025 and 2024, respectively.

For the three months ended September 30, 2025 and 2024, the Company recognized trailing commissions of $4 million related to previous investment sales. For the nine months ended September 30, 2025 and 2024, the Company recognized $12 million and $11 million, respectively.