EARNINGS PER COMMON SHARE

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

NOTE 14 — EARNINGS PER COMMON SHARE

The following table sets forth the computation of the basic and diluted earnings per common share:

Earnings per Common Share

dollars in millions, except per share data	Three Months Ended March 31,
	2025		2024
Net income	$	483	$	731
Preferred stock dividends	15		15
Net income available to common stockholders	$	468	$	716
Weighted average common shares outstanding
Basic shares outstanding	13,575,231		14,533,302
Stock-based awards	—		3,140
Diluted shares outstanding	13,575,231		14,536,442
Earnings per common share
Basic	$	34.47	$	49.27
Diluted	$	34.47	$	49.26