EARNINGS PER COMMON SHARE

9 Months Ended

Sep. 30, 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 September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Net income	$	568	$	639	$	1,626	$	2,077
Preferred stock dividends	14		15		43		46
Net income available to common stockholders	$	554	$	624	$	1,583	$	2,031
Weighted average common shares outstanding
Basic shares outstanding	12,849,339		14,375,974		13,217,940		14,480,874
Stock-based awards	—		—		—		1,045
Diluted shares outstanding	12,849,339		14,375,974		13,217,940		14,481,919
Earnings per common share
Basic	$	43.08	$	43.42	$	119.70	$	140.27
Diluted	$	43.08	$	43.42	$	119.70	$	140.26