Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2023

Quarterly Financial Information Disclosure [Abstract]

Schedule of Financial Information by Quarter

The following schedule presents quarterly financial information for 2023 and 2022:

(In millions, except per share amounts)	Fourth Quarter		Third Quarter		Second Quarter		First Quarter
2023
Total interest income	$	1,040	$	1,010	$	977	$	920
Net interest income	583		585		591		679
Provision for credit losses	—		41		46		45
Noninterest income	148		180		189		160
Noninterest expense	581		496		508		512
Income before income taxes	150		228		226		282
Net income	126		175		175		204
Preferred stock dividends	10		7		9		6
Net earnings applicable to common shareholders	116		168		166		198
Net earnings per common share:
Basic	0.78		1.13		1.11		1.33
Diluted	0.78		1.13		1.11		1.33
2022
Total interest income	$	835	$	707	$	608	$	555
Net interest income	720		663		593		544
Provision for credit losses	43		71		41		(33)
Noninterest income	153		165		172		142
Noninterest expense	471		479		464		464
Income before income taxes	359		278		260		255
Net income	284		217		203		203
Preferred stock dividends	7		6		8		8
Net earnings applicable to common shareholders	277		211		195		195
Net earnings per common share:
Basic	1.84		1.40		1.29		1.27
Diluted	1.84		1.40		1.29		1.27