BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of segment reporting information

The following tables present certain financial data of the Company’s business segments:

	Three Months Ended September 30, 2025
(dollars in millions)	Consumer Banking	Commercial Banking	Non-Core	Other	Consolidated
Net interest income	$1,262	$448	($7)	($215)	$1,488
Noninterest income	311	286	4	29	630
Total revenue	1,573	734	(3)	(186)	2,118
Direct expenses(1)(2)	692	223	1	419	1,335
Indirect expenses(3)	287	110	11	(408)	—
Noninterest expense	979	333	12	11	1,335
Profit (loss) before provision (benefit) for credit losses	594	401	(15)	(197)	783
Provision (benefit) for credit losses	81	78	4	(9)	154
Income (loss) before income tax expense (benefit)	513	323	(19)	(188)	629
Income tax expense (benefit)	130	75	(5)	(65)	135
Net income (loss)	$383	$248	($14)	($123)	$494
Total average assets	$80,729	$66,134	$4,000	$68,254	$219,117

(1) Represents operating expenses incurred by the business segments and primarily includes salaries and employee benefits, equipment and software, outside services, and occupancy.

(2) Includes depreciation and amortization of $30 million, $5 million, and $77 million, respectively, for the Consumer Banking, Commercial Banking and Other business segments.

(3) Represents allocated corporate overhead from support functions such as information technology, finance, risk, and human resources.

	Three Months Ended September 30, 2024
(dollars in millions)	Consumer Banking	Commercial Banking	Non-Core	Other	Consolidated
Net interest income	$1,156	$478	($28)	($237)	$1,369
Noninterest income	285	207	—	40	532
Total revenue	1,441	685	(28)	(197)	1,901
Direct expenses(1)(2)	586	205	1	467	1,259
Indirect expenses(3)	330	95	22	(447)	—
Noninterest expense	916	300	23	20	1,259
Profit (loss) before provision (benefit) for credit losses	525	385	(51)	(217)	642
Provision (benefit) for credit losses	84	91	17	(20)	172
Income (loss) before income tax expense (benefit)	441	294	(68)	(197)	470
Income tax expense (benefit)	114	63	(17)	(72)	88
Net income (loss)	$327	$231	($51)	($125)	$382
Total average assets	$75,392	$68,092	$8,389	$66,705	$218,578

(1) Represents operating expenses incurred by the business segments and primarily includes salaries and employee benefits, equipment and software, outside services, and occupancy.

(2) Includes depreciation and amortization of $29 million, $6 million, and $79 million, respectively, for the Consumer Banking, Commercial Banking and Other business segments.

(3) Represents allocated corporate overhead from support functions such as information technology, finance, risk, and human resources.

	Nine Months Ended September 30, 2025
(dollars in millions)	Consumer Banking	Commercial Banking	Non-Core	Other	Consolidated
Net interest income	$3,673	$1,328	($27)	($658)	$4,316
Noninterest income	937	733	7	97	1,774
Total revenue	4,610	2,061	(20)	(561)	6,090
Direct expenses(1)(2)	2,040	660	2	1,266	3,968
Indirect expenses(3)	856	317	41	(1,214)	—
Noninterest expense	2,896	977	43	52	3,968
Profit (loss) before provision (benefit) for credit losses	1,714	1,084	(63)	(613)	2,122
Provision (benefit) for credit losses	248	239	43	(59)	471
Income (loss) before income tax expense (benefit)	1,466	845	(106)	(554)	1,651
Income tax expense (benefit)	371	195	(27)	(191)	348
Net income (loss)	$1,095	$650	($79)	($363)	$1,303
Total average assets	$79,040	$65,931	$5,241	$67,494	$217,706

(1) Represents operating expenses incurred by the business segments and primarily includes salaries and employee benefits, equipment and software, outside services, and occupancy.

(2) Includes depreciation and amortization of $92 million, $15 million, and $230 million, respectively, for the Consumer Banking, Commercial Banking and Other business segments.

(3) Represents allocated corporate overhead from support functions such as information technology, finance, risk, and human resources.

	Nine Months Ended September 30, 2024
(dollars in millions)	Consumer Banking	Commercial Banking	Non-Core	Other	Consolidated
Net interest income	$3,369	$1,486	($96)	($538)	$4,221
Noninterest income	820	676	—	106	1,602
Total revenue	4,189	2,162	(96)	(432)	5,823
Direct expenses(1)(2)	1,728	626	3	1,561	3,918
Indirect expenses(3)	1,006	302	71	(1,379)	—
Noninterest expense	2,734	928	74	182	3,918
Profit (loss) before provision (benefit) for credit losses	1,455	1,234	(170)	(614)	1,905
Provision (benefit) for credit losses	249	262	46	(32)	525
Income (loss) before income tax expense (benefit)	1,206	972	(216)	(582)	1,380
Income tax expense (benefit)	311	223	(55)	(207)	272
Net income (loss)	$895	$749	($161)	($375)	$1,108
Total average assets	$74,510	$69,046	$9,450	$66,514	$219,520

(1) Represents operating expenses incurred by the business segments and primarily includes salaries and employee benefits, equipment and software, outside services, and occupancy.

(2) Includes depreciation and amortization of $84 million, $21 million, and $233 million, respectively, for the Consumer Banking, Commercial Banking and Other business segments.

(3) Represents allocated corporate overhead from support functions such as information technology, finance, risk, and human resources.