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Consolidated Statements Of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST INCOME    
Interest and fees on loans $ 621 $ 509
Interest on investment securities 72 64
Interest on short-term investments 17 17
Total interest income 710 590
INTEREST EXPENSE    
Interest on deposits 52 16
Interest on short-term borrowings 1 0
Interest on medium- and long-term debt [1] 51 25
Total interest expense 104 41
Net interest income 606 549
Provision for credit losses (13) 12
Net interest income after provision for credit losses 619 537
NONINTEREST INCOME    
Card Fees 63 59
Service charges on deposit accounts 51 54
Fiduciary income 49 52
Commercial lending fees 22 18
Foreign exchange income 11 12
Letter of credit fees 9 10
Bank-owned life insurance 9 9
Brokerage fees 7 7
Net securities (losses) gains (8) 1
Other noninterest income 25 22
Total noninterest income 238 244
NONINTEREST EXPENSES    
Salaries and benefits expense 265 255
Outside processing fee expense 63 61
Net occupancy expense 37 38
Software expense 29 31
Equipment expense 12 11
FDIC insurance expense 5 13
Advertising expense 5 6
Restructuring charges 0 16
Other noninterest expenses 17 15
Total noninterest expenses 433 446
Income before income taxes 424 335
Provision for income taxes 85 54
Net income (loss) 339 281
Less income allocated to participating securities 2 2
Net income attributable to common shares $ 337 $ 279
Basic earnings per common share $ 2.14 $ 1.62
Diluted earnings per common share $ 2.11 $ 1.59
Comprehensive income $ 435 $ 178
Cash dividends declared on common stock $ 105 $ 52
Cash dividends declared per common share $ 0.67 $ 0.3
[1] Includes the effects of hedging.