Revenue from Contracts with Customers

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

REVENUE FROM CONTRACTS WITH CUSTOMERS

Revenue from contracts with customers comprises the noninterest income earned by the Corporation in exchange for services provided to customers. The following table presents the composition of revenue from contracts with customers, segregated from other sources of noninterest income, by business segment.

	Commercial Bank		Retail Bank		Wealth Management		Finance & Other		Total
(in millions)
Three Months Ended September 30, 2022
Revenue from contracts with customers:
Card fees	$	56	$	10	$	1	$	—	$	67
Fiduciary income	—		—		58		—		58
Service charges on deposit accounts	34		15		1		—		50
Commercial loan servicing fees (a)	5		—		—		—		5
Brokerage fees	—		—		6		—		6
Other noninterest income (b)	2		3		7		—		12
Total revenue from contracts with customers	97		28		73		—		198
Other sources of noninterest income	72		1		4		3		80
Total noninterest income	$	169	$	29	$	77	$	3	$	278
Three Months Ended September 30, 2021
Revenue from contracts with customers:
Card fees	$	60	$	11	$	1	$	—	$	72
Fiduciary income	—		—		58		—		58
Service charges on deposit accounts	34		14		2		—		50
Commercial loan servicing fees (a)	5		—		—		—		5
Brokerage fees	—		—		3		—		3
Other noninterest income (b)	(3)		5		4		—		6
Total revenue from contracts with customers	96		30		68		—		194
Other sources of noninterest income	73		2		1		10		86
Total noninterest income	$	169	$	32	$	69	$	10	$	280
Nine Months Ended September 30, 2022
Revenue from contracts with customers:
Card fees	$	171	$	31	$	3	$	—	$	205
Fiduciary income	—		—		178		—		178
Service charges on deposit accounts	101		43		4		—		148
Commercial loan servicing fees (a)	14		—		—		—		14
Brokerage fees	—		—		14		—		14
Other noninterest income (b)	6		13		18		—		37
Total revenue from contracts with customers	292		87		217		—		596
Other sources of noninterest income	169		2		9		14		194
Total noninterest income	$	461	$	89	$	226	$	14	$	790
Nine Months Ended September 30, 2021
Revenue from contracts with customers:
Card fees	$	192	$	32	$	3	$	—	$	227
Fiduciary income	—		—		171		—		171
Service charges on deposit accounts	101		40		4		—		145
Commercial loan servicing fees (a)	15		—		—		—		15
Brokerage fees	—		—		11		—		11
Other noninterest income (b)	6		12		13		—		31
Total revenue from contracts with customers	314		84		202		—		600
Other sources of noninterest income	181		6		5		42		234
Total noninterest income	$	495	$	90	$	207	$	42	$	834

(a)Included in commercial lending fees on the Consolidated Statements of Comprehensive Income.

(b)Excludes derivative, warrant and other miscellaneous income.

Adjustments to revenue during the three- and nine-month periods ended September 30, 2022 and 2021 for refunds or credits relating to prior periods were not significant.

Revenue from contracts with customers did not generate significant contract assets and liabilities.