XML 236 R197.htm IDEA: XBRL DOCUMENT v3.24.0.1
Business Segments - Results of Operations and Average Assets by Segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information      
Net interest income $ 5,827 $ 5,609 $ 4,770
Provision for (benefit from) credit losses 515 563 (377)
Net Interest Income After Provision for (Benefit from) Credit Losses 5,312 5,046 5,147
Noninterest income:      
Commercial banking revenue 624 565 637
Wealth and asset management revenue 581 570 586
Service charges on deposits 577 589 600
Card and processing revenue 416 409 402
Mortgage banking net revenue 250 215 270
Leasing business revenue 208 237 300
Other noninterest income 207 265 332
Securities gains (losses), net 18 (82) (7)
Securities losses, net - non-qualifying hedges on MSRs 0 (2) (2)
Total noninterest income 2,881 2,766 3,118
Noninterest expense:      
Compensation and benefits 2,694 2,554 2,626
Technology and communications 464 416 388
Net occupancy expense 331 307 312
Equipment expense 148 145 138
Marketing expense 126 118 107
Leasing business expense 121 131 137
Card and processing expense 84 80 89
Other noninterest expense 1,237 968 951
Total noninterest expense 5,205 4,719 4,748
Income (loss) before income taxes 2,988 3,093 3,517
Applicable income tax expense (benefit) 639 647 747
Net Income 2,349 2,446 2,770
Total goodwill 4,919 4,915 4,514
Total assets 214,574 207,452 211,116
Impairment losses on bank premises 2 9 7
Impairment losses and termination charges 2 2 3
Bank premises and equipment held for sale 19 24  
Operating Segments | Commercial Banking      
Segment Reporting Information      
Net interest income 3,812 2,542 1,596
Provision for (benefit from) credit losses 12 33 (597)
Net Interest Income After Provision for (Benefit from) Credit Losses 3,800 2,509 2,193
Noninterest income:      
Commercial banking revenue 619 563 633
Wealth and asset management revenue 2 3 2
Service charges on deposits 371 372 385
Card and processing revenue 92 87 78
Mortgage banking net revenue 0 0 0
Leasing business revenue 208 237 300
Other noninterest income 73 111 91
Securities gains (losses), net (9) (33) 8
Securities losses, net - non-qualifying hedges on MSRs 0 0 0
Total noninterest income 1,356 1,340 1,497
Noninterest expense:      
Compensation and benefits 654 639 644
Technology and communications 14 11 17
Net occupancy expense 41 40 37
Equipment expense 29 27 26
Marketing expense 3 5 7
Leasing business expense 121 131 137
Card and processing expense 11 11 7
Other noninterest expense 1,130 959 898
Total noninterest expense 2,003 1,823 1,773
Income (loss) before income taxes 3,153 2,026 1,917
Applicable income tax expense (benefit) 594 377 363
Net Income 2,559 1,649 1,554
Total goodwill 2,324 2,324 1,980
Total assets 77,640 83,535 75,387
Impairment losses of operating lease equipment   2 25
Operating Segments | Consumer and Small Business Banking      
Segment Reporting Information      
Net interest income 5,207 3,131 1,685
Provision for (benefit from) credit losses 303 139 120
Net Interest Income After Provision for (Benefit from) Credit Losses 4,904 2,992 1,565
Noninterest income:      
Commercial banking revenue 4 3 2
Wealth and asset management revenue 216 204 206
Service charges on deposits 208 216 214
Card and processing revenue 312 308 312
Mortgage banking net revenue 250 214 267
Leasing business revenue 0 0 0
Other noninterest income 115 110 108
Securities gains (losses), net 0 0 0
Securities losses, net - non-qualifying hedges on MSRs 0 (2) (2)
Total noninterest income 1,105 1,053 1,107
Noninterest expense:      
Compensation and benefits 878 828 833
Technology and communications 27 22 16
Net occupancy expense 209 196 197
Equipment expense 44 38 38
Marketing expense 70 58 41
Leasing business expense 0 0 0
Card and processing expense 76 72 85
Other noninterest expense 1,211 1,175 1,185
Total noninterest expense 2,515 2,389 2,395
Income (loss) before income taxes 3,494 1,656 277
Applicable income tax expense (benefit) 733 347 57
Net Income 2,761 1,309 220
Total goodwill 2,369 2,365 2,303
Total assets 88,144 83,697 85,455
Impairment losses on bank premises 1 6 6
Operating Segments | Wealth and Asset Management      
Segment Reporting Information      
Net interest income 360 262 88
Provision for (benefit from) credit losses 1 0 (1)
Net Interest Income After Provision for (Benefit from) Credit Losses 359 262 89
Noninterest income:      
Commercial banking revenue 1 1 2
Wealth and asset management revenue 549 540 558
Service charges on deposits 1 1 1
Card and processing revenue 2 2 2
Mortgage banking net revenue 0 1 3
Leasing business revenue 0 0 0
Other noninterest income 2 0 4
Securities gains (losses), net 0 0 0
Securities losses, net - non-qualifying hedges on MSRs 0 0 0
Total noninterest income 555 545 570
Noninterest expense:      
Compensation and benefits 220 218 205
Technology and communications 1 1 1
Net occupancy expense 12 13 15
Equipment expense 0 0 0
Marketing expense 1 1 2
Leasing business expense 0 0 0
Card and processing expense 1 1 1
Other noninterest expense 326 322 316
Total noninterest expense 561 556 540
Income (loss) before income taxes 353 251 119
Applicable income tax expense (benefit) 74 53 25
Net Income 279 198 94
Total goodwill 226 226 231
Total assets 10,891 14,253 13,836
General Corporate and Other      
Segment Reporting Information      
Net interest income (3,552) (326) 1,401
Provision for (benefit from) credit losses 199 391 101
Net Interest Income After Provision for (Benefit from) Credit Losses (3,751) (717) 1,300
Noninterest income:      
Commercial banking revenue 0 (2) 0
Wealth and asset management revenue 0 0 0
Service charges on deposits (3) 0 0
Card and processing revenue 10 12 10
Mortgage banking net revenue 0 0 0
Leasing business revenue 0 0 0
Other noninterest income 17 44 129
Securities gains (losses), net 27 (49) (15)
Securities losses, net - non-qualifying hedges on MSRs 0 0 0
Total noninterest income 51 5 124
Noninterest expense:      
Compensation and benefits 942 869 944
Technology and communications 422 382 354
Net occupancy expense 69 58 63
Equipment expense 75 80 74
Marketing expense 52 54 57
Leasing business expense 0 0 0
Card and processing expense (4) (4) (4)
Other noninterest expense (1,244) (1,311) (1,268)
Total noninterest expense 312 128 220
Income (loss) before income taxes (4,012) (840) 1,204
Applicable income tax expense (benefit) (762) (130) 302
Net Income (3,250) (710) 902
Total goodwill 0 0 0
Total assets 37,899 25,967 36,438
Impairment losses on bank premises 1 3 1
Bank premises and equipment held for sale 19 24 24
Eliminations      
Segment Reporting Information      
Net interest income 0 0 0
Provision for (benefit from) credit losses 0 0 0
Net Interest Income After Provision for (Benefit from) Credit Losses 0 0 0
Noninterest income:      
Commercial banking revenue 0 0 0
Wealth and asset management revenue (186) (177) (180)
Service charges on deposits 0 0 0
Card and processing revenue 0 0 0
Mortgage banking net revenue 0 0 0
Leasing business revenue 0 0 0
Other noninterest income 0 0 0
Securities gains (losses), net 0 0 0
Securities losses, net - non-qualifying hedges on MSRs 0 0 0
Total noninterest income (186) (177) (180)
Noninterest expense:      
Compensation and benefits 0 0 0
Technology and communications 0 0 0
Net occupancy expense 0 0 0
Equipment expense 0 0 0
Marketing expense 0 0 0
Leasing business expense 0 0 0
Card and processing expense 0 0 0
Other noninterest expense (186) (177) (180)
Total noninterest expense (186) (177) (180)
Income (loss) before income taxes 0 0 0
Applicable income tax expense (benefit) 0 0 0
Net Income 0 0 0
Total goodwill 0 0 0
Total assets $ 0 $ 0 $ 0