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CONDENSED CONSOLIDATED STATEMENTS OF INCOME Unaudited - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest Income        
Interest and fees on loans and leases $ 795 $ 827 $ 2,355 $ 2,477
Interest on securities 230 189 637 538
Interest on other short-term investments 1 2 7 5
Total interest income 1,026 1,018 2,999 3,020
Interest Expense        
Interest on deposits 44 51 140 147
Interest on other short-term borrowings 1 1 2 2
Interest on long-term debt 80 63 221 174
Total interest expense 125 115 363 323
Net Interest Income 901 903 2,636 2,697
Provision for loan and lease losses 156 71 305 216
Net Interest Income After Provision for Loan and Lease Losses 745 832 2,331 2,481
Noninterest Income        
Service charges on deposits 145 145 419 418
Investment advisory revenue 103 103 315 307
Corporate banking revenue 104 100 280 311
Mortgage banking net revenue 71 61 274 248
Card and processing revenue 77 75 225 218
Other noninterest income 213 33 378 300
Securities gains, net   3 9 18
Total noninterest income 713 520 1,900 1,820
Noninterest Expense        
Salaries, wages and incentives 387 357 1,139 1,083
Employee benefits 72 75 248 255
Net occupancy expense 77 78 238 236
Technology and communications 56 53 165 158
Card and processing expense 40 37 114 104
Equipment expense 31 30 92 90
Other noninterest expense 280 258 818 866
Total noninterest expense 943 888 2,814 2,792
Income (Loss) Before Income Taxes 515 464 1,417 1,509
Applicable income tax expense 134 124 367 411
Net Income (loss) 381 340 1,050 1,098
Less: Net income attributable to noncontrolling interests     (6) 2
Net income attributable to Bancorp 381 340 1,056 1,096
Dividends on preferred stock 15 12 52 44
Net income (loss) available to common shareholders $ 366 $ 328 $ 1,004 $ 1,052
Earnings per share - basic $ 0.46 $ 0.39 $ 1.24 $ 1.25
Earnings per share - diluted $ 0.45 $ 0.39 $ 1.22 $ 1.23
Average common shares outstanding- basic 795,792,825 829,391,505 803,269,681 837,854,214
Average common shares oustanding - diluted 805,022,588 838,324,420 812,099,365 848,068,145
Common stock dividends declared per share $ 0.13 $ 0.13 $ 0.39 $ 0.38