Revenue From Contracts With Customers

6 Months Ended

Jun. 30, 2024

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 June 30, 2024
Revenue from contracts with customers:
Card fees	$	53	$	10	$	1	$	—	$	64
Fiduciary income	1		—		57		—		58
Service charges on deposit accounts	31		14		1		—		46
Commercial loan servicing fees (a)	2		—		—		—		2
Capital markets income (b)	8		—		—		—		8
Brokerage fees	—		—		14		—		14
Other noninterest income (b)	1		9		1		—		11
Total revenue from contracts with customers	96		33		74		—		203
Other sources of noninterest income	50		—		4		34		88
Total noninterest income	$	146	$	33	$	78	$	34	$	291
Three Months Ended June 30, 2023
Revenue from contracts with customers:
Card fees	$	59	$	12	$	1	$	—	$	72
Fiduciary income	—		—		62		—		62
Service charges on deposit accounts	32		13		2		—		47
Commercial loan servicing fees (a)	3		—		—		—		3
Capital markets income (b)	4		—		—		—		4
Brokerage fees	—		—		8		—		8
Other noninterest income (b)	1		3		10		1		15
Total revenue from contracts with customers	99		28		83		1		211
Other sources of noninterest income	59		1		—		32		92
Total noninterest income	$	158	$	29	$	83	$	33	$	303
Six Months Ended June 30, 2024
Revenue from contracts with customers:
Card fees	$	108	$	20	$	2	$	—	$	130
Fiduciary income	1		—		108		—		109
Service charges on deposit accounts	62		27		2		—		91
Commercial loan servicing fees (a)	4		—		—		—		4
Capital markets income (b)	12		—		—		—		12
Brokerage fees	—		—		24		—		24
Other noninterest income (b)	6		12		2		—		20
Total revenue from contracts with customers	193		59		138		—		390
Other sources of noninterest income	100		2		5		30		137
Total noninterest income	$	293	$	61	$	143	$	30	$	527
Six Months Ended June 30, 2023
Revenue from contracts with customers:
Card fees	$	117	$	22	$	2	$	—	$	141
Fiduciary income	—		—		120		—		120
Service charges on deposit accounts	63		27		3		—		93
Commercial loan servicing fees (a)	6		—		—		—		6
Capital markets income (b)	8		—		—		—		8
Brokerage fees	—		—		16		—		16
Other noninterest income (b)	1		6		13		1		21
Total revenue from contracts with customers	195		55		154		1		405
Other sources of noninterest income	116		2		2		60		180
Total noninterest income	$	311	$	57	$	156	$	61	$	585

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

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

Revenue from contracts with customers did not generate significant contract assets and liabilities for the periods presented.