Citizens Financial (CFG) 10-Q 4 Nov 24 2024 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2024	Oct. 25, 2024
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-36636
Entity Registrant Name	CITIZENS FINANCIAL GROUP INC/RI
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	05-0412693
Entity Address, Address Line One	One Citizens Plaza
Entity Address, City or Town	Providence
Entity Address, State or Province	RI
Entity Address, Postal Zip Code	02903
City Area Code	203
Local Phone Number	900-6715
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		440,700,533
Entity Central Index Key	0000759944
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Common stock, $0.01 par value per share
Trading Symbol	CFG
Security Exchange Name	NYSE
Series E
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/40th interest in a share of 5.000% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series E
Trading Symbol	CFG PrE
Security Exchange Name	NYSE
Series H
Entity Information [Line Items]
Title of 12(b) Security	Depositary Shares, each representing a 1/40th interest in a share of 7.375% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series H
Trading Symbol	CFG PrH
Security Exchange Name	NYSE

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
ASSETS:
Cash and due from banks	[1]	$ 979	$ 1,794
Interest-bearing cash and due from banks		9,936	9,834
Interest-bearing deposits in banks	[1]	648	405
Debt securities available for sale, at fair value (including $68 and $110 pledged to creditors, respectively)	[2]	32,835	29,777
Debt securities held to maturity (fair value of $7,924 and $8,350, respectively, and including $175 and $204 pledged to creditors, respectively)	[2]	8,738	9,184
Loans held for sale, at fair value		614	676
Other loans held for sale		49	103
Loans and leases		141,632	145,959
Less: Allowance for loan and lease losses		(2,079)	(2,098)
Net loans and leases	[1]	139,553	143,861
Derivative assets		586	440
Premises and equipment, net		862	895
Bank-owned life insurance		3,346	3,291
Goodwill		8,187	8,188
Other intangible assets	[3]	137	157
Other assets	[1]	13,236	13,359
TOTAL ASSETS		219,706	221,964
Deposits:
Noninterest-bearing		35,978	37,107
Interest-bearing		139,210	140,235
Total deposits		175,188	177,342
Short-term borrowed funds		15	505
Derivative liabilities		1,012	1,562
Long-term borrowed funds	[1]	13,944	13,467
Other liabilities	[1]	4,615	4,746
TOTAL LIABILITIES		194,774	197,622
Commitments and Contingencies (refer to Note 11)
Preferred stock:
$25.00 par value,100,000,000 shares authorized; 2,150,000 and 2,050,000 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively		2,112	2,014
Common stock:
$0.01 par value, 1,000,000,000 shares authorized; 649,634,774 shares issued and 445,216,549 shares outstanding at September 30, 2024 and 647,829,720 shares issued and 466,418,055 shares outstanding at December 31, 2023		6	6
Additional paid-in capital		22,327	22,250
Retained earnings		10,233	9,816
Treasury stock, at cost, 204,418,225 and 181,411,665 shares at September 30, 2024 and December 31, 2023, respectively		(6,820)	(5,986)
Accumulated other comprehensive income (loss)		(2,926)	(3,758)
TOTAL STOCKHOLDERS’ EQUITY		24,932	24,342
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$ 219,706	$ 221,964
[1]Includes amounts in consolidated VIEs. See Note 6 for additional information.[2]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.[3]Excludes MSRs, which are reported in Other assets.

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
ASSETS:
Fair Value	[1]	$ 32,835	$ 29,777
Securities held-to-maturity, fair value		8,067	8,350
Asset-backed investments included in HTM securities	[1]	$ 8,738	$ 9,184
Preferred stock:
Preferred stock, par value (in dollars per share)		$ 25	$ 25
Preferred stock, authorized (in shares)		100,000,000	100,000,000
Preferred stock, issued (in shares)		2,150,000	2,050,000
Preferred stock, outstanding (in shares)		2,150,000	2,050,000
Common stock:
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01
Common stock, authorized (in shares)		1,000,000,000	1,000,000,000
Common stock, issued (in shares)		649,634,774	647,829,720
Common stock, outstanding (in shares)		445,216,549	466,418,055
Treasury stock (in shares)		204,418,225	181,411,665
Asset Pledged as Collateral
ASSETS:
Fair Value		$ 155	$ 110
Asset-backed investments included in HTM securities		$ 84	$ 204
[1]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
INTEREST INCOME:
Interest and fees on loans and leases		$ 1,976	$ 2,166	$ 6,038	$ 6,345
Interest and fees on loans held for sale		18	20	45	55
Interest and fees on other loans held for sale		1	8	11	25
Investment securities		423	290	1,239	823
Interest-bearing deposits in banks		121	111	391	280
Total interest income		2,539	2,595	7,724	7,528
INTEREST EXPENSE:
Deposits		990	898	2,942	2,171
Short-term borrowed funds		3	8	14	36
Long-term borrowed funds		177	167	547	568
Total interest expense		1,170	1,073	3,503	2,775
Net interest income		1,369	1,522	4,221	4,753
Provision (benefit) for credit losses		172	172	525	516
Net interest income after provision (benefit) for credit losses		1,197	1,350	3,696	4,237
NONINTEREST INCOME:
Service charges and fees		109	105	311	306
Capital markets fees		94	67	346	232
Card fees		93	74	271	226
Wealth fees	[1]	76	63	219	191
Mortgage banking fees		46	69	149	185
Foreign exchange and derivative products		36	48	111	140
Letter of credit and loan fees		45	43	130	126
Securities gains, net		9	5	14	19
Other income		24	18	51	58
Total noninterest income		532	492	1,602	1,483
NONINTEREST EXPENSE:
Salaries and employee benefits		647	659	1,983	1,932
Equipment and software		194	191	576	541
Outside services		146	160	469	513
Occupancy		108	107	335	367
Other operating expense		164	176	555	542
Total noninterest expense		1,259	1,293	3,918	3,895
Income before income tax expense		470	549	1,380	1,825
Income tax expense		88	119	272	406
NET INCOME		382	430	1,108	1,419
Net income available to common stockholders		$ 344	$ 400	$ 1,005	$ 1,332
Weighted-average common shares outstanding:
Basic (in shares)		446,561,996	469,481,085	453,993,833	478,073,507
Diluted (in Shares)		449,913,467	471,183,719	456,461,330	479,733,008
Per common share information:
Basic earnings (in dollars per share)		$ 0.77	$ 0.85	$ 2.21	$ 2.79
Diluted earnings (in dollars per share)		$ 0.77	$ 0.85	$ 2.20	$ 2.78
[1]See Note 1 for information regarding updates to the Consolidated Statements of Operations during the second quarter of 2024.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 382	$ 430	$ 1,108	$ 1,419
Other comprehensive income (loss):
Net unrealized gains (losses) on cash flow hedge derivatives arising during the period, net of income taxes of $163, ($78), ($30), and ($193), respectively	450	(248)	(84)	(580)
Reclassification adjustment for net (gains) losses on cash flow hedge derivatives included in net income, net of income taxes of $73, $37, $189, and $105, respectively	203	120	522	315
Net unrealized gains (losses) on AFS securities arising during the period, net of income taxes of $179, ($189), $114, and ($160), respectively	541	(578)	339	(490)
Reclassification of net securities (gains) losses to net income, net of income taxes of $5, $7, $14, and $21, respectively	13	23	42	63
Defined benefit plans:
Actuarial gain (loss) arising during the period, net of income taxes of $—, $—, $1, and $—, respectively	0	0	4	0
Amortization of actuarial (gain) loss to net income, net of income taxes of $1, $2, $3, and $4, respectively	2	3	9	9
Total other comprehensive income (loss), net of income taxes	1,209	(680)	832	(683)
Total comprehensive income (loss)	$ 1,591	$ (250)	$ 1,940	$ 736

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Other comprehensive income (loss):
Net unrealized derivative instrument gain (loss) arising during the periods, tax	$ 163	$ (78)	$ (30)	$ (193)
Reclassification adjustment for net derivative (gains) losses included in net income, tax	73	37	189	105
Net unrealized debt securities gains (losses) arising during the periods, tax	179	(189)	114	(160)
Reclassification of net debt securities (gains) loss to net income, tax	5	7	14	21
Actuarial (loss) gain, tax	0	0	1	0
Amortization of actuarial loss, tax	$ 1	$ 2	$ 3	$ 4

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Millions	Total	Cumulative Effect, Period of Adoption, Adjustment	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	Treasury Stock, at Cost	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2022			2,000,000	492,000,000
Beginning balance at Dec. 31, 2022	$ 23,690	$ (26)	$ 2,014	$ 6	$ 22,142	$ 9,159	$ (26)	$ (5,071)	$ (4,560)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared - common stock	(609)					(609)
Dividends declared - preferred stock	$ (87)					(87)
Treasury stock purchased (in shares)	(28,472,450)			(29,000,000)
Treasury stock purchased	$ (906)							(906)
Share repurchase excise tax	(9)							(9)
Share-based compensation plans (in shares)				3,000,000
Share-based compensation plans	68				68
Employee stock purchase plan	21				21
Total comprehensive income (loss):
Net income	1,419					1,419
Other comprehensive income (loss)	(683)								(683)
Total comprehensive income (loss)	736					1,419			(683)
Ending balance (in shares) at Sep. 30, 2023			2,000,000	466,000,000
Ending balance at Sep. 30, 2023	22,878		$ 2,014	$ 6	22,231	9,856		(5,986)	(5,243)
Beginning balance (in shares) at Jun. 30, 2023			2,000,000	475,000,000
Beginning balance at Jun. 30, 2023	23,585		$ 2,014	$ 6	22,207	9,655		(5,734)	(4,563)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared - common stock	(199)					(199)
Dividends declared - preferred stock	(30)					(30)
Treasury stock purchased (in shares)				(9,000,000)
Treasury stock purchased	(250)							(250)
Share repurchase excise tax	(2)							(2)
Share-based compensation plans (in shares)				0
Share-based compensation plans	17				17
Employee stock purchase plan	7				7
Total comprehensive income (loss):
Net income	430					430
Other comprehensive income (loss)	(680)								(680)
Total comprehensive income (loss)	(250)					430			(680)
Ending balance (in shares) at Sep. 30, 2023			2,000,000	466,000,000
Ending balance at Sep. 30, 2023	22,878		$ 2,014	$ 6	22,231	9,856		(5,986)	(5,243)
Beginning balance (in shares) at Dec. 31, 2023			2,000,000	466,000,000
Beginning balance at Dec. 31, 2023	24,342		$ 2,014	$ 6	22,250	9,816		(5,986)	(3,758)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared - common stock	(581)					(581)
Dividends declared - preferred stock	(103)					(103)
Preferred stock issued	391		391
Preferred stock redemption	$ (300)		$ (293)			(7)
Treasury stock purchased (in shares)	(23,006,560)			(23,000,000)
Treasury stock purchased	$ (825)							(825)
Share repurchase excise tax	(9)							(9)
Share-based compensation plans (in shares)				2,000,000
Share-based compensation plans	57				57
Employee stock purchase plan	20				20
Total comprehensive income (loss):
Net income	1,108					1,108
Other comprehensive income (loss)	832								832
Total comprehensive income (loss)	1,940					1,108			832
Ending balance (in shares) at Sep. 30, 2024			2,000,000	445,000,000
Ending balance at Sep. 30, 2024	24,932		$ 2,112	$ 6	22,327	10,233		(6,820)	(2,926)
Beginning balance (in shares) at Jun. 30, 2024			2,000,000	453,000,000
Beginning balance at Jun. 30, 2024	23,869		$ 2,112	$ 6	22,299	10,079		(6,492)	(4,135)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared - common stock	(190)					(190)
Dividends declared - preferred stock	(38)					(38)
Treasury stock purchased (in shares)				(8,000,000)
Treasury stock purchased	(325)							(325)
Share repurchase excise tax	(3)							(3)
Share-based compensation plans (in shares)				0
Share-based compensation plans	21				21
Employee stock purchase plan	7				7
Total comprehensive income (loss):
Net income	382					382
Other comprehensive income (loss)	1,209								1,209
Total comprehensive income (loss)	1,591					382			1,209
Ending balance (in shares) at Sep. 30, 2024			2,000,000	445,000,000
Ending balance at Sep. 30, 2024	$ 24,932		$ 2,112	$ 6	$ 22,327	$ 10,233		$ (6,820)	$ (2,926)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023
OPERATING ACTIVITIES
Net income		$ 1,108	$ 1,419
Adjustments to reconcile net income to net change due to operating activities:
Provision (benefit) for credit losses		525	516
Net change in loans held for sale, at fair value		62	25
Depreciation, amortization and accretion		374	352
Deferred income tax expense (benefit)		(50)	(61)
Share-based compensation		76	73
Net gain on sale of assets		(14)	(19)
Net (increase) decrease in other assets		(14)	(732)
Net increase (decrease) in other liabilities		(549)	718
Net change due to operating activities		1,518	2,291
Investment securities:
Purchases of debt securities available for sale		(6,497)	(5,576)
Proceeds from maturities and paydowns of debt securities available for sale		2,112	1,481
Proceeds from sales of debt securities available for sale		2,080	2,429
Proceeds from maturities and paydowns of debt securities held to maturity		501	597
Net (increase) decrease in interest-bearing deposits in banks		(243)	(21)
Purchases of loans		(517)	0
Sales of loans		186	2,628
Net (increase) decrease in loans and leases		3,860	3,790
Capital expenditures, net		(74)	(124)
Other		(29)	(181)
Net change due to investing activities		1,379	5,023
FINANCING ACTIVITIES
Net increase (decrease) in deposits		(2,154)	(2,527)
Net increase (decrease) in short-term borrowed funds		(490)	229
Proceeds from issuance of long-term borrowed funds		13,185	21,233
Repayments of long-term borrowed funds		(12,741)	(19,766)
Treasury stock purchased		(825)	(906)
Net proceeds from issuance of preferred stock		391	0
Redemption of preferred stock		(300)	0
Dividends paid to common stockholders		(581)	(609)
Dividends paid to preferred stockholders		(96)	(89)
Other		1	(26)
Net change due to financing activities		(3,610)	(2,461)
Net change in cash and cash equivalents	[1]	(713)	4,853
Cash and cash equivalents at beginning of period	[1]	11,628	10,547
Cash and cash equivalents at end of period	[1]	10,915	15,400
Non-cash items:
Transfer of loans from loans held for investment to loans held for sale		249	2,582
Loans securitized and transferred to AFS securities		$ 181	$ 68
[1]Cash and cash equivalents include cash and due from banks and interest-bearing cash and due from banks as reflected on the Consolidated Balance Sheets.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited interim Consolidated Financial Statements and Notes have been prepared in accordance with the instructions for Form 10-Q and, therefore, do not include all information and notes included in annual financial statements prepared in accordance with GAAP. The Consolidated Financial Statements include all adjustments, consisting of normal recurring adjustments, necessary for the fair presentation of the interim period results presented. These unaudited interim financial statements and notes should be read in conjunction with the audited Consolidated Financial Statements and Notes included in the Company’s 2023 Form 10-K. The results of operations for interim periods are not necessarily indicative of the results that may be expected for the full year. The unaudited interim Consolidated Financial Statements include the accounts of the Parent Company and its subsidiaries, including VIEs in which the Company is a primary beneficiary. Investments in VIEs in which the Company does not have the ability to exercise significant influence are not consolidated. All intercompany transactions and balances have been eliminated in consolidation. During the first quarter of 2024, the Company modified the presentation of its loans and leases portfolio to include leases in the commercial and industrial financing receivable class. Prior period results have been revised to conform to the new presentation. See Notes 3 and 4 for additional information relative to the Company’s loans and leases portfolio. Effective for the second quarter of 2024, Trust and investment services fees was renamed to Wealth fees in the Consolidated Statements of Operations to better reflect the broad range of wealth-related management fees and services provided to customers. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change include the determination of the ACL, fair value measurements and the evaluation and measurement of goodwill impairment. Significant Accounting Policies For further information regarding the Company’s significant accounting policies, see Note 1 in the Company’s 2023 Form 10-K.

SECURITIES

SECURITIES	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
SECURITIES	NOTE 2 - SECURITIES The following table presents the major components of securities at amortized cost and fair value: September 30, 2024 December 31, 2023 (dollars in millions) Amortized Cost (1) Gross Unrealized Gains Gross Unrealized Losses Fair Value Amortized Cost (1) Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Treasury and other $4,726 $42 ($79) $4,689 $4,493 $26 ($139) $4,380 State and political subdivisions 1 — — 1 1 — — 1 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities 28,995 135 (1,480) 27,650 26,289 45 (1,857) 24,477 Other/non-agency 274 — (13) 261 279 — (24) 255 Total mortgage-backed securities 29,269 135 (1,493) 27,911 26,568 45 (1,881) 24,732 Collateralized loan obligations 234 — — 234 667 — (3) 664 Total debt securities available for sale, at fair value $34,230 $177 ($1,572) $32,835 $31,729 $71 ($2,023) $29,777 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities $8,308 $2 ($665) $7,645 $8,696 $9 ($818) $7,887 Total mortgage-backed securities 8,308 2 (665) 7,645 8,696 9 (818) 7,887 Asset-backed securities 430 1 (9) 422 488 — (25) 463 Total debt securities held to maturity $8,738 $3 ($674) $8,067 $9,184 $9 ($843) $8,350 Equity securities, at cost (2) $732 $— $— $732 $869 $— $— $869 Equity securities, at fair value (2) 203 — — 203 173 — — 173 (1) Excludes portfolio level basis adjustments of $176 million and $60 million, respectively, for securities designated in active fair value hedge relationships at September 30, 2024 and December 31, 2023. (2) Included in other assets in the Consolidated Balance Sheets. Accrued interest receivable on debt securities totaled $117 million and $125 million as of September 30, 2024 and December 31, 2023, respectively, and is included in other assets in the Consolidated Balance Sheets. The following table presents the amortized cost and fair value of debt securities by contractual maturity as of September 30, 2024. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without incurring penalties. Distribution of Maturities (dollars in millions) 1 Year or Less After 1 Year through 5 Years After 5 Years through 10 Years After 10 Years Total Amortized cost: U.S. Treasury and other $— $3,606 $1,120 $— $4,726 State and political subdivisions — — — 1 1 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities — 2,108 1,321 25,566 28,995 Other/non-agency — — — 274 274 Collateralized loan obligations — — — 234 234 Total debt securities available for sale — 5,714 2,441 26,075 34,230 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities — — — 8,308 8,308 Asset-backed securities — 430 — — 430 Total debt securities held to maturity — 430 — 8,308 8,738 Total amortized cost of debt securities $— $6,144 $2,441 $34,383 $42,968 Fair value: U.S. Treasury and other $— $3,535 $1,154 $— $4,689 State and political subdivisions — — — 1 1 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities — 2,060 1,281 24,309 27,650 Other/non-agency — — — 261 261 Collateralized loan obligations — — — 234 234 Total debt securities available for sale — 5,595 2,435 24,805 32,835 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities — — — 7,645 7,645 Asset-backed securities — 422 — — 422 Total debt securities held to maturity — 422 — 7,645 8,067 Total fair value of debt securities $— $6,017 $2,435 $32,450 $40,902 Taxable interest income from investment securities as presented in the Consolidated Statements of Operations was $423 million and $290 million for the three months ended September 30, 2024 and 2023, respectively, and $1.2 billion and $823 million for the nine months ended September 30, 2024 and 2023, respectively. The following table presents realized gains and losses on the sale of securities: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Gains $9 $9 $14 $27 Losses — (4) — (8) Securities gains, net $9 $5 $14 $19 The following table presents the amortized cost and fair value of debt securities pledged: September 30, 2024 December 31, 2023 (dollars in millions) Amortized Cost Fair Value Amortized Cost Fair Value Pledged against derivatives, to qualify for fiduciary powers, or to secure public and other deposits as required by law $6,528 $6,080 $5,619 $5,305 Pledged as collateral for FHLB borrowing capacity 237 226 242 220 Pledged against repurchase agreements — — — — The Company enters into security repurchase agreements with unrelated counterparties, which involve the transfer of a security from one party to another, and a subsequent transfer of substantially the same security back to the original party. These repurchase agreements are typically short-term in nature and are accounted for as secured borrowed funds in the Company’s Consolidated Balance Sheets. The Company recognized no offsetting short-term receivables or payables associated with security repurchase agreements as of September 30, 2024 or December 31, 2023. Securitizations of mortgage loans retained in the investment portfolio were $48 million and $181 million for the three and nine months ended September 30, 2024, respectively. Securitizations of mortgage loans retained in the investment portfolio were $65 million for the three and nine months ended September 30, 2023. These securitizations include a substantive guarantee by a third party. The guarantors were FNMA and FHLMC in 2024 and 2023. The debt securities received from the guarantors are classified as AFS. Impairment The Company evaluated its existing HTM portfolio as of September 30, 2024 and concluded that 95% of HTM securities met the zero expected credit loss criteria and, therefore, no ACL was recognized. Lifetime expected credit losses on the remainder of the HTM portfolio were determined to be insignificant based on the modeling of the Company’s credit loss position in the securities. The Company monitors the credit exposure through the use of credit quality indicators. For these securities, the Company uses external credit ratings or an internally derived credit rating when an external rating is not available. All securities were determined to be investment grade at September 30, 2024. The following tables present AFS debt securities with fair values below their respective carrying values, separated by the duration the securities have been in a continuous unrealized loss position: September 30, 2024 Less than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. Treasury and other $— $— $3,310 ($79) $3,310 ($79) State and political subdivisions — — — — — — Mortgage-backed securities: Federal agencies and U.S. government sponsored entities 755 (4) 16,244 (1,476) 16,999 (1,480) Other/non-agency — — 260 (13) 260 (13) Total mortgage-backed securities 755 (4) 16,504 (1,489) 17,259 (1,493) Collateralized loan obligations — — — — — — Total $755 ($4) $19,814 ($1,568) $20,569 ($1,572) December 31, 2023 Less than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. Treasury and other $49 $— $3,245 ($139) $3,294 ($139) Mortgage-backed securities: Federal agencies and U.S. government sponsored entities 2,939 (24) 16,398 (1,833) 19,337 (1,857) Other/non-agency — — 255 (24) 255 (24) Total mortgage-backed securities 2,939 (24) 16,653 (1,857) 19,592 (1,881) Collateralized loan obligations 56 — 607 (3) 663 (3) Total $3,044 ($24) $20,505 ($1,999) $23,549 ($2,023)

LOANS AND LEASES

LOANS AND LEASES	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
LOANS AND LEASES	NOTE 3 - LOANS AND LEASES Loans held for investment are reported at the amount of their outstanding principal, net of charge-offs, unearned income, deferred loan origination fees and costs, and unamortized premiums or discounts on purchased loans. The following table presents loans and leases, excluding LHFS: (dollars in millions) September 30, 2024 December 31, 2023 Commercial and industrial $43,825 $44,974 Commercial real estate 27,983 29,471 Total commercial 71,808 74,445 Residential mortgages 32,379 31,332 Home equity 15,992 15,040 Automobile 5,540 8,258 Education 11,118 11,834 Other retail 4,795 5,050 Total retail 69,824 71,514 Total loans and leases $141,632 $145,959 Accrued interest receivable on loans and leases held for investment totaled $862 million and $875 million as of September 30, 2024 and December 31, 2023, respectively, and is included in other assets in the Consolidated Balance Sheets. Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $37.9 billion and $36.0 billion at September 30, 2024 and December 31, 2023, respectively. Loans pledged as collateral to support the contingent ability to borrow at the FRB discount window, if necessary, were primarily comprised of education, commercial and industrial, and commercial real estate loans, and totaled $27.2 billion and $31.9 billion at September 30, 2024 and December 31, 2023, respectively. Interest income on direct financing and sales-type leases is reported within interest and fees on loans and leases in the Consolidated Statements of Operations, and was $11 million and $12 million for the three months ended September 30, 2024 and 2023, respectively. For the nine months ended September 30, 2024 and 2023, this interest income was $31 million and $36 million, respectively. The following table presents the composition of LHFS: September 30, 2024 December 31, 2023 (dollars in millions) Residential Mortgages (1) Commercial (2) Total Residential Mortgages (1) Commercial (2) Total Loans held for sale at fair value $573 $41 $614 $614 $62 $676 Other loans held for sale — 49 49 — 103 103 (1) Residential mortgage LHFS at fair value are originated for sale. (2) Commercial LHFS at fair value consist of loans managed by the Company’s commercial secondary loan desk. Other commercial LHFS primarily consist of loans associated with the Company’s syndication business.

CREDIT QUALITY AND THE ALLOWANC

CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES	NOTE 4 - CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES Allowance for Credit Losses The Company’s estimate of expected credit losses in its loan and lease portfolios is recorded in the ACL and considers extensive historical loss experience, including the impact of loss mitigation and restructuring programs that the Company offers to borrowers experiencing financial difficulty, as well as projected loss severity as a result of loan default. For a detailed discussion of the ACL reserve methodology and estimation techniques as of December 31, 2023, see Note 6 in the Company’s 2023 Form 10-K. There were no significant changes to the ACL reserve methodology during the nine months ended September 30, 2024. The following table presents a summary of changes in the ACL for the three and nine months ended September 30, 2024: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 (dollars in millions) Commercial Retail Total Commercial Retail Total Allowance for loan and lease losses, beginning of period $1,282 $843 $2,125 $1,250 $848 $2,098 Charge-offs (106) (125) (231) (308) (377) (685) Recoveries 8 31 39 29 99 128 Net charge-offs (98) (94) (192) (279) (278) (557) Provision expense (benefit) for loans and leases 3 143 146 216 322 538 Allowance for loan and lease losses, end of period 1,187 892 2,079 1,187 892 2,079 Allowance for unfunded lending commitments, beginning of period 147 34 181 175 45 220 Provision expense (benefit) for unfunded lending commitments 17 9 26 (11) (2) (13) Allowance for unfunded lending commitments, end of period 164 43 207 164 43 207 Total allowance for credit losses, end of period $1,351 $935 $2,286 $1,351 $935 $2,286 During the nine months ended September 30, 2024, net charge-offs of $557 million and a provision for expected credit losses of $525 million resulted in a decrease of $32 million to the ACL. As of September 30, 2024, the ACL economic forecast over a two-year reasonable and supportable period was consistent with December 31, 2023, with peak unemployment of approximately 5.1% and start-to-trough real GDP decline of approximately 0.4%. These forecasts reflect a mild recession over the two-year reasonable and supportable period. The following table presents a summary of changes in the ACL for the three and nine months ended September 30, 2023: Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (dollars in millions) Commercial Retail Total Commercial Retail Total Allowance for loan and lease losses, beginning of period $1,157 $887 $2,044 $1,060 $923 $1,983 Charge-offs (74) (117) (191) (212) (339) (551) Recoveries 4 34 38 14 99 113 Net charge-offs (70) (83) (153) (198) (240) (438) Provision expense (benefit) for loans and leases 146 43 189 371 164 535 Allowance for loan and lease losses, end of period 1,233 847 2,080 1,233 847 2,080 Allowance for unfunded lending commitments, beginning of period 213 42 255 207 50 257 Provision expense (benefit) for unfunded lending commitments (21) 4 (17) (15) (4) (19) Allowance for unfunded lending commitments, end of period 192 46 238 192 46 238 Total allowance for credit losses, end of period $1,425 $893 $2,318 $1,425 $893 $2,318 Credit Quality Indicators The Company presents loan and lease portfolio segments and classes by credit quality indicator and vintage year and defines the vintage date for the purpose of this disclosure as the date of the most recent credit decision. Renewals are categorized as new credit decisions and reflect the renewal date as the vintage date, except for renewals of loans modified for borrowers experiencing financial difficulty, or FDMs, which are presented in the original vintage. The Company utilizes internal risk ratings to monitor credit quality for commercial loans and leases. For more information on these ratings see Note 6 in the Company’s 2023 Form 10-K. The following table presents the amortized cost basis of commercial loans and leases by vintage date and internal risk rating as of September 30, 2024: Term Loans and Leases by Origination Year Revolving Loans (dollars in millions) 2024 2023 2022 2021 2020 Prior to 2020 Within the Revolving Period Converted to Term Total Commercial and industrial Pass $4,147 $2,910 $4,856 $3,430 $1,095 $2,266 $21,931 $71 $40,706 Special Mention 6 71 104 271 27 38 310 — 827 Substandard Accrual 3 60 259 344 151 292 950 14 2,073 Nonaccrual — 23 55 17 5 65 48 6 219 Total commercial and industrial 4,156 3,064 5,274 4,062 1,278 2,661 23,239 91 43,825 Commercial real estate Pass 1,599 1,326 5,695 5,806 1,990 4,690 1,411 4 22,521 Special Mention 1 — 1,013 428 160 485 129 — 2,216 Substandard Accrual — 6 326 347 455 1,121 135 4 2,394 Nonaccrual — — 86 38 91 635 2 — 852 Total commercial real estate 1,600 1,332 7,120 6,619 2,696 6,931 1,677 8 27,983 Total commercial Pass 5,746 4,236 10,551 9,236 3,085 6,956 23,342 75 63,227 Special Mention 7 71 1,117 699 187 523 439 — 3,043 Substandard Accrual 3 66 585 691 606 1,413 1,085 18 4,467 Nonaccrual — 23 141 55 96 700 50 6 1,071 Total commercial $5,756 $4,396 $12,394 $10,681 $3,974 $9,592 $24,916 $99 $71,808 The following table presents the amortized cost basis of commercial loans and leases by vintage date and internal risk rating as of December 31, 2023: Term Loans and Leases by Origination Year Revolving Loans (dollars in millions) 2023 2022 2021 2020 2019 Prior to 2019 Within the Revolving Period Converted to Term Total Commercial and industrial Pass $3,694 $6,512 $5,331 $1,445 $1,147 $2,299 $21,033 $53 $41,514 Special Mention 59 221 355 30 50 113 368 — 1,196 Substandard Accrual 8 189 337 218 125 287 792 11 1,967 Nonaccrual 1 72 54 4 5 102 53 6 297 Total commercial and industrial 3,762 6,994 6,077 1,697 1,327 2,801 22,246 70 44,974 Commercial real estate Pass 1,906 5,791 6,062 2,555 2,294 3,895 1,975 8 24,486 Special Mention — 713 539 222 183 260 75 — 1,992 Substandard Accrual — 277 203 469 528 939 100 — 2,516 Nonaccrual 1 66 2 23 144 238 3 — 477 Total commercial real estate 1,907 6,847 6,806 3,269 3,149 5,332 2,153 8 29,471 Total commercial Pass 5,600 12,303 11,393 4,000 3,441 6,194 23,008 61 66,000 Special Mention 59 934 894 252 233 373 443 — 3,188 Substandard Accrual 8 466 540 687 653 1,226 892 11 4,483 Nonaccrual 2 138 56 27 149 340 56 6 774 Total commercial $5,669 $13,841 $12,883 $4,966 $4,476 $8,133 $24,399 $78 $74,445 For retail loans, the Company utilizes FICO credit scores and the loan’s payment and delinquency status to monitor credit quality. Management believes FICO scores are the strongest indicator of credit losses over the contractual life of the loan and assist management in predicting the borrower’s future payment performance. Scores are based on current and historical national industry-wide consumer level credit performance data. The following table presents the amortized cost basis of retail loans by vintage date and current FICO score as of September 30, 2024: Term Loans by Origination Year Revolving Loans (dollars in millions) 2024 2023 2022 2021 2020 Prior to 2020 Within the Revolving Period Converted to Term Total Residential mortgages 800+ $884 $1,295 $3,276 $5,165 $2,962 $3,952 $— $— $17,534 740-799 1,268 930 1,659 2,279 1,359 2,009 — — 9,504 680-739 304 292 579 702 430 988 — — 3,295 620-679 26 57 122 151 84 506 — — 946 <620 6 35 73 147 95 726 — — 1,082 No FICO available (1) — — — 1 1 16 — — 18 Total residential mortgages 2,488 2,609 5,709 8,445 4,931 8,197 — — 32,379 Home equity 800+ 1 — 3 4 1 80 5,414 204 5,707 740-799 — — 2 2 1 70 5,102 227 5,404 680-739 — — 1 — 2 78 2,895 185 3,161 620-679 — 1 4 1 2 66 734 139 947 <620 — 2 5 3 1 65 433 264 773 No FICO available (1) — — — — — — — — — Total home equity 1 3 15 10 7 359 14,578 1,019 15,992 Automobile 800+ — 72 420 762 226 84 — — 1,564 740-799 — 101 488 685 220 88 — — 1,582 680-739 — 102 397 458 144 65 — — 1,166 620-679 — 60 214 229 67 40 — — 610 <620 — 47 210 237 73 51 — — 618 No FICO available (1) — — — — — — — — — Total automobile — 382 1,729 2,371 730 328 — — 5,540 Education 800+ 184 377 665 1,560 1,291 1,544 — — 5,621 740-799 223 379 598 850 691 859 — — 3,600 680-739 84 159 243 276 222 358 — — 1,342 620-679 19 48 58 60 54 120 — — 359 <620 3 12 21 28 24 65 — — 153 No FICO available (1) 12 — — — — 31 — — 43 Total education 525 975 1,585 2,774 2,282 2,977 — — 11,118 Other retail 800+ 150 104 41 19 16 14 491 — 835 740-799 228 141 50 22 20 14 907 1 1,383 680-739 181 120 43 20 15 11 877 1 1,268 620-679 83 65 29 12 9 4 354 1 557 <620 19 35 35 16 9 4 236 1 355 No FICO available (1) 13 — — — — — 384 — 397 Total other retail 674 465 198 89 69 47 3,249 4 4,795 Total retail 800+ 1,219 1,848 4,405 7,510 4,496 5,674 5,905 204 31,261 740-799 1,719 1,551 2,797 3,838 2,291 3,040 6,009 228 21,473 680-739 569 673 1,263 1,456 813 1,500 3,772 186 10,232 620-679 128 231 427 453 216 736 1,088 140 3,419 <620 28 131 344 431 202 911 669 265 2,981 No FICO available (1) 25 — — 1 1 47 384 — 458 Total retail $3,688 $4,434 $9,236 $13,689 $8,019 $11,908 $17,827 $1,023 $69,824 (1) Represents loans for which an updated FICO score was unavailable (e.g., due to recent profile changes). The following table presents the amortized cost basis of retail loans by vintage date and current FICO score as of December 31, 2023: Term Loans by Origination Year Revolving Loans (dollars in millions) 2023 2022 2021 2020 2019 Prior to 2019 Within the Revolving Period Converted to Term Total Residential mortgages 800+ $889 $3,067 $5,172 $3,117 $1,131 $3,125 $— $— $16,501 740-799 1,333 1,940 2,560 1,411 592 1,625 — — 9,461 680-739 367 631 758 466 266 873 — — 3,361 620-679 54 135 165 90 121 445 — — 1,010 <620 9 48 104 95 161 561 — — 978 No FICO available (1) 1 — 2 1 3 14 — — 21 Total residential mortgages 2,653 5,821 8,761 5,180 2,274 6,643 — — 31,332 Home equity 800+ — 4 4 1 4 91 5,078 222 5,404 740-799 — 1 2 1 3 82 4,708 241 5,038 680-739 1 1 1 2 5 93 2,693 202 2,998 620-679 — 1 1 2 8 77 718 137 944 <620 — 2 1 1 10 80 332 230 656 No FICO available (1) — — — — — — — — — Total home equity 1 9 9 7 30 423 13,529 1,032 15,040 Automobile 800+ 81 539 1,062 368 162 47 — — 2,259 740-799 134 671 1,038 375 165 52 — — 2,435 680-739 147 577 708 252 118 39 — — 1,841 620-679 94 316 345 112 65 26 — — 958 <620 44 232 291 100 66 32 — — 765 No FICO available (1) — — — — — — — — — Total automobile 500 2,335 3,444 1,207 576 196 — — 8,258 Education 800+ 296 671 1,637 1,418 600 1,185 — — 5,807 740-799 368 694 1,050 850 369 678 — — 4,009 680-739 143 289 333 273 134 298 — — 1,470 620-679 30 65 68 58 32 107 — — 360 <620 5 18 25 23 15 55 — — 141 No FICO available (1) 10 — 1 — — 36 — — 47 Total education 852 1,737 3,114 2,622 1,150 2,359 — — 11,834 Other retail 800+ 183 70 38 35 16 18 500 — 860 740-799 258 87 46 45 21 19 963 1 1,440 680-739 214 76 39 39 18 11 973 2 1,372 620-679 118 48 23 19 6 4 419 2 639 <620 31 35 18 14 4 2 251 2 357 No FICO available (1) 7 1 — 1 — — 373 — 382 Total other retail 811 317 164 153 65 54 3,479 7 5,050 Total retail 800+ 1,449 4,351 7,913 4,939 1,913 4,466 5,578 222 30,831 740-799 2,093 3,393 4,696 2,682 1,150 2,456 5,671 242 22,383 680-739 872 1,574 1,839 1,032 541 1,314 3,666 204 11,042 620-679 296 565 602 281 232 659 1,137 139 3,911 <620 89 335 439 233 256 730 583 232 2,897 No FICO available (1) 18 1 3 2 3 50 373 — 450 Total retail $4,817 $10,219 $15,492 $9,169 $4,095 $9,675 $17,008 $1,039 $71,514 (1) Represents loans for which an updated FICO score was unavailable (e.g., due to recent profile changes). The following tables present gross charge-offs by vintage date for the Company’s loan and lease portfolios: Nine Months Ended September 30, 2024 Term Loans and Leases by Origination Year Revolving Loans (dollars in millions) 2024 2023 2022 2021 2020 Prior to 2020 Within the Revolving Period Converted to Term Total Commercial and industrial $— $— $15 $22 $1 $15 $32 $— $85 Commercial real estate — — 1 22 98 102 — — 223 Total commercial — — 16 44 99 117 32 — 308 Residential mortgages — — — — — 4 — — 4 Home equity — — — — — 3 8 1 12 Automobile — 5 23 23 7 4 9 1 72 Education — 2 6 18 21 46 — — 93 Other retail 25 10 7 12 2 8 132 — 196 Total retail 25 17 36 53 30 65 149 2 377 Total loans and leases $25 $17 $52 $97 $129 $182 $181 $2 $685 Nine Months Ended September 30, 2023 Term Loans and Leases by Origination Year Revolving Loans (dollars in millions) 2023 2022 2021 2020 2019 Prior to 2019 Within the Revolving Period Converted to Term Total Commercial and industrial $— $1 $32 $4 $1 $24 $35 $— $97 Commercial real estate — — — 51 11 53 — — 115 Total commercial — 1 32 55 12 77 35 — 212 Residential mortgages — — — — 1 2 — — 3 Home equity — — — — — 2 6 — 8 Automobile — 24 31 11 9 7 — — 82 Education — 3 12 16 10 35 — — 76 Other retail 36 22 7 6 8 7 84 — 170 Total retail 36 49 50 33 28 53 90 — 339 Total loans and leases $36 $50 $82 $88 $40 $130 $125 $— $551 Nonaccrual and Past Due Assets The following tables present an aging analysis of accruing and nonaccrual loans and leases as of September 30, 2024 and December 31, 2023: September 30, 2024 Days Past Due and Accruing (dollars in millions) Current 30-59 60-89 90+ Nonaccrual Total Nonaccrual with no related ACL Commercial and industrial $43,542 $54 $5 $5 $219 $43,825 $48 Commercial real estate 26,961 72 83 15 852 27,983 64 Total commercial 70,503 126 88 20 1,071 71,808 112 Residential mortgages 31,923 93 48 146 169 32,379 129 Home equity 15,591 93 27 — 281 15,992 186 Automobile 5,347 109 38 — 46 5,540 5 Education 10,989 43 25 2 59 11,118 2 Other retail 4,658 44 31 1 61 4,795 1 Total retail 68,508 382 169 149 616 69,824 323 Total $139,011 $508 $257 $169 $1,687 $141,632 $435 Guaranteed residential mortgages (1) $830 $54 $29 $145 $— $1,058 $— December 31, 2023 Days Past Due and Accruing (dollars in millions) Current 30-59 60-89 90+ Nonaccrual Total Nonaccrual with no related ACL Commercial and industrial $44,591 $62 $18 $6 $297 $44,974 $30 Commercial real estate 28,745 150 59 40 477 29,471 71 Total commercial 73,336 212 77 46 774 74,445 101 Residential mortgages 30,499 282 118 256 177 31,332 144 Home equity 14,640 82 33 — 285 15,040 198 Automobile 8,005 144 48 — 61 8,258 7 Education 11,732 49 23 2 28 11,834 3 Other retail 4,899 49 34 29 39 5,050 — Total retail 69,775 606 256 287 590 71,514 352 Total $143,111 $818 $333 $333 $1,364 $145,959 $453 Guaranteed residential mortgages (1) $675 $128 $76 $243 $— $1,122 $— (1) Guaranteed residential mortgages represent loans fully or partially guaranteed by the FHA, VA, and USDA, and are included in the amounts presented for Residential mortgages. At September 30, 2024 and December 31, 2023, the Company had collateral-dependent residential mortgage and home equity loans totaling $529 million and $556 million, respectively, and collateral-dependent commercial loans totaling $607 million and $233 million, respectively. The amortized cost basis of mortgage loans collateralized by residential real estate for which formal foreclosure proceedings were in-process was $319 million and $336 million as of September 30, 2024 and December 31, 2023, respectively. Loan Modifications to Borrowers Experiencing Financial Difficulty The Company offers loan modifications, characterized as FDMs, to retail and commercial borrowers experiencing financial difficulty as a result of its loss mitigation activities that may result in a payment delay, interest rate reduction, term extension, principal forgiveness, or combination thereof. Payment delays consist of modifications that result in a delay of contractual amounts due greater than three months over a rolling 12-month period. Commercial loan modifications are offered on a case-by-case basis and generally include a payment delay, term extension and/or interest rate reduction. The Company does not typically offer principal forgiveness for commercial loans. Retail loan modifications are offered through structured loan modification programs, which are summarized below. • Forbearance programs provide borrowers experiencing some form of hardship a period of time during which their contractual payment obligations are suspended, resulting in a payment delay and/or term extension. • Other repayment plans are offered due to hardship and include an interest rate reduction and/or term extension designed to enable the borrower to return the loan to current status in an expeditious manner. • Settlement agreements may be executed with borrowers experiencing a long-term hardship or who are delinquent, resulting in principal forgiveness. Upon fulfillment of the terms of the settlement agreement, the unpaid principal amount is forgiven resulting in a charge-off of the outstanding principal balance. • Certain reorganization bankruptcy judgments may result in any one of the four modification types or some combination thereof. The following tables present the period-end amortized cost of loans to borrowers experiencing financial difficulty that were modified during the three and nine months ended September 30, 2024 and 2023, disaggregated by class of financing receivable and modification type. The modification type reflects the cumulative effect of all FDMs received during the indicated period. Three Months Ended September 30, 2024 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Principal Forgiveness Interest Rate Reduction and Term Extension Term Extension and Payment Delay Total Total as a % of Loan Class (1) Commercial and industrial $— $75 $25 $— $1 $3 $104 0.24 % Commercial real estate — 156 23 — 67 94 340 1.22 Total commercial — 231 48 — 68 97 444 0.62 Residential mortgages 1 15 1 — 4 1 22 0.07 Home equity 2 1 — — 4 — 7 0.04 Automobile — — — — — — — — Education 3 1 16 — — — 20 0.18 Other retail 5 — — — — — 5 0.10 Total retail 11 17 17 — 8 1 54 0.08 Total $11 $248 $65 $— $76 $98 $498 0.35 % Three Months Ended September 30, 2023 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Principal Forgiveness Interest Rate Reduction and Term Extension Term Extension and Payment Delay Total Total as a % of Loan Class (1) Commercial and industrial $— $148 $47 $— $— $1 $196 0.42 % Commercial real estate — 131 — — 37 1 169 0.57 Total commercial — 279 47 — 37 2 365 0.47 Residential mortgages 2 25 — — 6 — 33 0.11 Home equity 1 1 — — 1 — 3 0.02 Automobile — — — — — — — — Education 3 — 1 — — — 4 0.03 Other retail 3 — — — — — 3 0.06 Total retail 9 26 1 — 7 — 43 0.06 Total $9 $305 $48 $— $44 $2 $408 0.27 % Nine Months Ended September 30, 2024 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Principal Forgiveness Interest Rate Reduction and Term Extension Term Extension and Payment Delay Interest Rate Reduction, Term Extension and Payment Delay Total Total as a % of Loan Class (1) Commercial and industrial $— $179 $86 $— $1 $23 $— $289 0.66 % Commercial real estate — 505 100 — 130 144 — 879 3.14 Total commercial — 684 186 — 131 167 — 1,168 1.63 Residential mortgages 4 63 9 — 8 1 1 86 0.27 Home equity 3 2 — — 9 — — 14 0.09 Automobile — — — — — — — — — Education 9 2 39 — — — — 50 0.45 Other retail 13 — — — — — — 13 0.27 Total retail 29 67 48 — 17 1 1 163 0.23 Total $29 $751 $234 $— $148 $168 $1 $1,331 0.94 % Nine Months Ended September 30, 2023 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Principal Forgiveness Interest Rate Reduction and Term Extension Term Extension and Payment Delay Total Total as a % of Loan Class (1) Commercial and industrial $— $263 $78 $— $1 $2 $344 0.74 % Commercial real estate — 454 — — 37 1 492 1.67 Total commercial — 717 78 — 38 3 836 1.08 Residential mortgages 6 59 — — 16 — 81 0.26 Home equity 1 4 — — 5 — 10 0.07 Automobile — — — — — — — — Education 7 — 2 — — — 9 0.07 Other retail 8 — — — — — 8 0.16 Total retail 22 63 2 — 21 — 108 0.15 Total $22 $780 $80 $— $59 $3 $944 0.63 % (1) Represents the total amortized cost as of period-end divided by the period-end amortized cost of the corresponding loan class. Accrued interest receivable is excluded from amortized cost and is immaterial. The following tables present the financial effect of loans to borrowers experiencing financial difficulty that were modified during the three and nine months ended September 30, 2024 and 2023, disaggregated by class of financing receivable. Three Months Ended September 30, 2024 (dollars in millions) Weighted-Average Interest Rate Reduction (1) Weighted-Average Term Extension (in Months) (1) Weighted-Average Payment Deferral (1) Amount of Principal Forgiven (2) Commercial and industrial 3.62 % 14 $11 $— Commercial real estate 4.31 9 1 — Residential mortgages 1.52 94 — — Home equity 4.32 51 — — Automobile — — — — Education 4.44 24 — — Other retail 20.79 — — 1 Three Months Ended September 30, 2023 (dollars in millions) Weighted-Average Interest Rate Reduction (1) Weighted-Average Term Extension (in Months) (1) Weighted-Average Payment Deferral (1) Amount of Principal Forgiven (2) Commercial and industrial 2.32 % 17 $— $— Commercial real estate 1.25 7 — — Residential mortgages 0.98 47 — — Home equity 2.51 133 — — Automobile — — — — Education 4.95 — — — Other retail 18.86 — — 1 Nine Months Ended September 30, 2024 (dollars in millions) Weighted-Average Interest Rate Reduction (1) Weighted-Average Term Extension (in Months) (1) Weighted-Average Payment Deferral (1) Amount of Principal Forgiven (2) Commercial and industrial 3.72 % 15 $3 $— Commercial real estate 2.83 17 1 — Residential mortgages 1.59 92 — — Home equity 4.03 75 — — Automobile — — — — Education 4.42 24 — — Other retail 20.23 — — 5 Nine Months Ended September 30, 2023 (dollars in millions) Weighted-Average Interest Rate Reduction (1) Weighted-Average Term Extension (in Months) (1) Weighted-Average Payment Deferral (1) Amount of Principal Forgiven (2) Commercial and industrial 2.95 % 14 $1 $— Commercial real estate 1.25 8 — — Residential mortgages 1.55 48 — — Home equity 2.24 127 — — Automobile 3.47 20 — — Education 4.97 — — — Other retail 18.45 — — 4 (1) Weighted based on period-end amortized cost. (2) Amounts are recorded as charge-offs. The following tables present an aging analysis of the period-end amortized cost of loans to borrowers experiencing financial difficulty that were modified during the twelve month period ending September 30, 2024 and the nine month period ending September 30, 2023, disaggregated by class of financing receivable. A loan in a forbearance or repayment plan is reported as past due according to its contractual terms until contractually modified. Subsequent to modification, it is reported as past due based on its restructured terms. September 30, 2024 Days Past Due and Accruing (dollars in millions) Current 30-59 60-89 90+ Nonaccrual Total Commercial and industrial $211 $35 $1 $— $54 $301 Commercial real estate 590 30 63 — 287 970 Total commercial 801 65 64 — 341 1,271 Residential mortgages 73 6 4 16 12 111 Home equity 11 — — — 8 19 Automobile — — — — — — Education 34 1 — — 35 70 Other retail 12 1 1 — 1 15 Total retail 130 8 5 16 56 215 Total $931 $73 $69 $16 $397 $1,486 September 30, 2023 Days Past Due and Accruing (dollars in millions) Current 30-59 60-89 90+ Nonaccrual Total Commercial and industrial $262 $— $— $— $82 $344 Commercial real estate 262 55 — — 175 492 Total commercial 524 55 — — 257 836 Residential mortgages 52 — 5 13 11 81 Home equity 3 — — — 7 10 Automobile — — — — — — Education 8 — — — 1 9 Other retail 6 1 — — 1 8 Total retail 69 1 5 13 20 108 Total $593 $56 $5 $13 $277 $944 The following tables present the period-end amortized cost of loans to borrowers experiencing financial difficulty that defaulted during the period presented and were modified within the previous 12 months preceding the default, disaggregated by class of financing receivable and modification type. The modification type reflects the cumulative effect of all FDMs at the time of default. A loan is considered to be in default if, subsequent to modification, it becomes 90 or more days past due or is placed on nonaccrual status. Three Months Ended September 30, 2024 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Term Extension and Payment Delay Total Commercial and industrial $1 $3 $— $15 $19 Commercial real estate — 75 21 — 96 Total commercial 1 78 21 15 115 Residential mortgages — 11 — — 11 Home equity — — — — — Automobile — — — — — Education 1 — — — 1 Other retail 1 — — — 1 Total retail 2 11 — — 13 Total $3 $89 $21 $15 $128 Three Months Ended September 30, 2023 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Interest Rate Reduction and Term Extension Total Commercial and industrial $— $— $— $— $— Commercial real estate — 41 — — 41 Total commercial — 41 — — 41 Residential mortgages 1 6 — 5 12 Home equity — 1 — 2 3 Automobile — — — — — Education — — 1 — 1 Other retail — — — — — Total retail 1 7 1 7 16 Total $1 $48 $1 $7 $57 Nine Months Ended September 30, 2024 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Interest Rate Reduction and Term Extension Term Extension and Payment Delay Total Commercial and industrial $1 $3 $— $— $15 $19 Commercial real estate — 141 21 — — 162 Total commercial 1 144 21 — 15 181 Residential mortgages — 22 1 1 1 25 Home equity — — — 1 — 1 Automobile — — — — — — Education 4 — 12 — — 16 Other retail 1 — — — — 1 Total retail 5 22 13 2 1 43 Total $6 $166 $34 $2 $16 $224 Nine Months Ended September 30, 2023 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Interest Rate Reduction and Term Extension Total Commercial and industrial $— $3 $— $— $3 Commercial real estate — 67 — — 67 Total commercial — 70 — — 70 Residential mortgages 1 6 — 5 12 Home equity — 1 — 2 3 Automobile — — — — — Education — — 1 — 1 Other retail — — — — — Total retail 1 7 1 7 16 Total $1 $77 $1 $7 $86 Unfunded commitments related to loans modified during the nine months ended September 30, 2024 were $75 million at September 30, 2024. Unfunded commitments related to loans modified during the year ended December 31, 2023 were $221 million at December 31, 2023. Concentrations of Credit Risk The Company’s lending activity is geographically well diversified with an emphasis in our core markets located in the New England, Mid-Atlantic and Midwest regions. Generally, loans are collateralized by assets including real estate, inventory, accounts receivable, other personal property and investment securities. As of September 30, 2024 and December 31, 2023, there were no material concentration risks within the commercial or retail loan portfolios. Exposure to credit losses arising from lending transactions may fluctuate with fair values of collateral supporting loans, which may not perform according to contractual agreements. The Company’s policy is to collateralize loans to the extent necessary; however, unsecured loans are also granted on the basis of the financial strength of the applicant and the facts surrounding the transaction.

MORTGAGE BANKING AND OTHER SERV

MORTGAGE BANKING AND OTHER SERVICED LOANS	9 Months Ended
	Sep. 30, 2024
Mortgage Banking [Abstract]
MORTGAGE BANKING AND OTHER SERVICED LOANS	NOTE 5 - MORTGAGE BANKING AND OTHER SERVICED LOANS The Company sells residential mortgages into the secondary market and retains no beneficial interest in these sales, but may retain the servicing rights for the loans sold. The Company may exercise its option to repurchase eligible government guaranteed residential mortgages or may be obligated to subsequently repurchase a loan if the purchaser discovers a representation or warranty violation such as noncompliance with eligibility or servicing requirements, or customer fraud that should have been identified in a loan file review. The following table summarizes activity related to residential mortgage loans sold with servicing rights retained: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Cash proceeds from residential mortgage loans sold with servicing retained $2,137 $3,270 $5,432 $7,358 Gain on sales (1) 17 19 47 60 Contractually specified servicing, late and other ancillary fees (1) 79 76 235 230 (1) Reported in mortgage banking fees in the Consolidated Statements of Operations. The unpaid principal balance of residential mortgage loans related to our MSRs was $96.1 billion and $97.4 billion at September 30, 2024 and December 31, 2023, respectively. The Company manages the risk associated with changes in the value of the MSRs with an active economic hedging strategy, which includes the purchase of freestanding derivatives. The following table summarizes changes in MSRs recorded using the fair value method: As of and for the Three Months Ended September 30, As of and for the Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Fair value as of beginning of the period $1,568 $1,524 $1,552 $1,530 Amounts capitalized 28 47 71 104 Changes in unpaid principal balance during the period (1) (46) (42) (135) (124) Changes in fair value during the period (2) (49) 91 13 110 Fair value at end of the period $1,501 $1,620 $1,501 $1,620 (1) Represents changes in value of the MSRs due to i) passage of time including the impact from both regularly scheduled loan principal payments and partial paydowns, and ii) loans that paid off during the period. (2) Represents changes in value primarily driven by market conditions. These changes are recorded in mortgage banking fees in the Consolidated Statements of Operations. The fair value of MSRs is estimated by using the present value of estimated future net servicing cash flows, taking into consideration actual and expected mortgage loan prepayment rates, discount rates, contractual servicing fee income, servicing costs, default rates, ancillary income, and other economic factors, which are determined based on current market interest rates. The valuation does not attempt to forecast or predict the future direction of interest rates. The sensitivity analysis below presents the impact of an immediate 10% and 20% adverse change in key economic assumptions to the current fair value of MSRs. These sensitivities are hypothetical, with the effect of a variation in a particular assumption on the fair value of the MSRs calculated independently without changing any other assumption. Changes in one factor may result in changes in another (e.g., changes in interest rates, which drive changes in prepayment rates, could result in changes in discount rates), which may amplify or counteract the sensitivities. The primary risk inherent in the Company’s MSRs is an increase in prepayments of the underlying mortgage loans serviced, which is largely dependent upon movements in market interest rates. (dollars in millions) September 30, 2024 December 31, 2023 Fair value $1,501 $1,552 Weighted average life (years) 8.3 8.8 Weighted average constant prepayment rate 8.3% 7.2% Decline in fair value from 10% adverse change $40 $37 Decline in fair value from 20% adverse change $76 $71 Weighted average option adjusted spread 634 bps 630 bps Decline in fair value from 10% adverse change $42 $43 Decline in fair value from 20% adverse change $85 $87 The Company has mortgage banking derivatives, which include commitments to originate mortgages held for sale, certain loan sale agreements, and other financial instruments that meet the definition of a derivative. Refer to Note 8 for additional information. Other Serviced Loans The Company engages in other servicing relationships from time to time. The following table presents the unpaid principal balance of other serviced loans: (dollars in millions) September 30, 2024 December 31, 2023 Education $437 $502 Commercial and industrial (1) 95 94 (1)

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	9 Months Ended
	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 6 - VARIABLE INTEREST ENTITIES The Company, in the normal course of business, engages in a variety of activities with entities that are considered VIEs, as defined by GAAP, with its variable interest arising from contractual, ownership or other monetary interests in the entity. A VIE typically does not have sufficient equity at risk to finance its activities without additional subordinated financial support from other parties. For more details regarding the Company’s involvement with VIEs see Note 11 in the Company’s 2023 Form 10-K. Consolidated VIEs The Company has consolidated VIEs related to secured borrowings collateralized by auto loans. The following table summarizes the carrying amount of assets and liabilities for the Company’s consolidated VIEs: (dollars in millions) September 30, 2024 December 31, 2023 Assets: Cash and due from banks $— $13 Interest-bearing deposits in banks 209 106 Net loans and leases 4,432 3,194 Other assets 26 14 Total assets $4,667 $3,327 Liabilities: Long-term borrowed funds $3,801 $2,692 Other liabilities 10 8 Total liabilities $3,811 $2,700 Secured Borrowings The Company utilizes a portion of its auto loan portfolio to support certain secured borrowing arrangements, which provide a source of funding for the Company and involves the transfer of auto loans to bankruptcy remote special purpose entities (“SPEs”). These SPEs then issue asset-backed notes to third-parties collateralized by the transferred loans. The assets of a particular VIE are the primary source of funds to settle its obligations. Creditors of these VIEs do not have recourse to the general credit of the Company. The performance of the loans transferred to the SPEs is the most significant driver impacting the economic performance of the VIEs. Unconsolidated VIEs The Company is involved with various VIEs that are not consolidated including lending to special purpose entities, investments in asset-backed securities and investments in entities that sponsor affordable housing, renewable energy and economic development projects. The Company’s maximum exposure to loss resulting from its involvement with these entities is limited to the balance sheet carrying amount of its investments, unfunded commitments, and the outstanding principal balance of loans to special purpose entities. A summary of these investments is presented below: (dollars in millions) September 30, 2024 December 31, 2023 Lending to special purpose entities included in loans and leases $3,988 $4,760 LIHTC investments included in other assets 2,483 2,444 LIHTC unfunded commitments included in other liabilities 975 1,025 Asset-backed investments included in HTM securities 430 488 Renewable energy investments included in other assets 268 314 NMTC investments included in other assets 2 3 Lending to Special Purpose Entities The Company provides lending facilities to third-party sponsored special purpose entities. As of September 30, 2024 and December 31, 2023, the lending facilities had undrawn commitments to extend credit of $3.1 billion and $2.7 billion, respectively. For more information on commitments to extend credit see Note 11. Asset-backed securities The Company’s investments in asset-backed securities are collateralized by education loans sold to a third-party sponsored VIE. The Company acts as the primary servicer for the sold loans and receives a servicing fee. A third-party servicer is responsible for all loans that become significantly delinquent. Low Income Housing Tax Credit Partnerships The purpose of the Company’s LIHTC investments is to assist in achieving the goals of the Community Reinvestment Act and to earn an adequate return of capital. Renewable Energy Entities The Company’s investments in certain renewable energy entities provide benefits from government incentives and other tax attributes (e.g., tax depreciation). Contingent commitments related to the Company’s renewable energy investments were $61 million at September 30, 2024, and are expected to be paid in varying amounts through 2026. These payments are contingent upon the level of electricity production attained by the renewable energy entity relative to its targeted threshold and changes in the production tax credit rates set by the Internal Revenue Service. New Markets Tax Credit Program The Company participates in the NMTC program which provides a tax incentive for private sector investment into economic development projects and businesses located in low-income communities. The following table summarizes the impact to the Consolidated Statements of Operations relative to the Company’s tax credit programs for which it has elected to apply the proportional amortization method of accounting: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Tax credits recognized $99 $76 $290 $250 Other tax benefits recognized 21 17 68 55 Amortization (88) (71) (276) (237) Net benefit (expense) included in income tax expense 32 22 82 68 Other income 1 1 4 4 Allocated income (loss) on investments (3) (1) (9) (7) Net benefit (expense) included in noninterest income (2) — (5) (3) Net benefit (expense) included in the Consolidated Statements of Operations (1) $30 $22 $77 $65 (1) Includes the impact of tax credit investments when the election to apply the proportional amortization method was in effect during the periods presented. For 2024 and 2023, this includes LIHTC, renewable energy and NMTC investments. The Company did not recognize impairment losses resulting from the forfeiture or ineligibility of income tax credits or other circumstances during the three and nine months ended September 30, 2024 and 2023.

BORROWED FUNDS

BORROWED FUNDS	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
BORROWED FUNDS	NOTE 7 - BORROWED FUNDS Short-term borrowed funds Short-term borrowed funds were $15 million and $505 million as of September 30, 2024 and December 31, 2023, respectively. Long-term borrowed funds The following table presents a summary of the Company’s long-term borrowed funds: (dollars in millions) September 30, 2024 December 31, 2023 Parent Company: 3.750% fixed-rate subordinated debt, due July 2024 $— $90 4.023% fixed-rate subordinated debt, due October 2024 17 17 4.350% fixed-rate subordinated debt, due August 2025 133 133 4.300% fixed-rate subordinated debt, due December 2025 336 336 2.850% fixed-rate senior unsecured notes, due July 2026 499 499 5.841% fixed/floating-rate senior unsecured notes, due January 2030 1,245 — 2.500% fixed-rate senior unsecured notes, due February 2030 299 298 3.250% fixed-rate senior unsecured notes, due April 2030 747 746 3.750% fixed-rate reset subordinated debt, due February 2031 69 69 4.300% fixed-rate reset subordinated debt, due February 2031 135 135 4.350% fixed-rate reset subordinated debt, due February 2031 60 60 5.718% fixed/floating-rate senior unsecured notes, due July 2032 1,243 — 2.638% fixed-rate subordinated debt, due September 2032 568 563 6.645% fixed/floating-rate senior unsecured notes, due April 2035 745 — 5.641% fixed-rate reset subordinated debt, due May 2037 398 398 CBNA’s Global Note Program: 2.250% senior unsecured notes, due April 2025 749 749 4.119% fixed/floating-rate senior unsecured notes, due May 2025 (1) — 649 6.064% fixed/floating-rate senior unsecured notes, due October 2025 600 599 5.284% fixed/floating-rate senior unsecured notes, due January 2026 350 349 3.750% senior unsecured notes, due February 2026 491 483 4.575% fixed/floating-rate senior unsecured notes, due August 2028 798 798 Additional Borrowings by CBNA and Other Subsidiaries: Federal Home Loan Bank advances, 4.864% weighted average rate, due through 2043 (2) 553 3,786 Secured borrowings, 5.785% weighted average rate, due through 2030 (2)(3) 3,887 2,692 Other 22 18 Total long-term borrowed funds $13,944 $13,467 (1) Notes were redeemed on May 23, 2024. (2) Rate disclosed reflects the weighted average rate as of September 30, 2024. (3) Collateralized by loans. See Note 6 for additional information. At September 30, 2024, the Company’s long-term borrowed funds include principal balances of $14.0 billion, unamortized debt issuance costs and discounts of $90 million, and hedging basis adjustments of ($8) million. At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $13.6 billion, unamortized debt issuance costs and discounts of $74 million, and hedging basis adjustments of ($17) million. See Note 8 for further information about the Company’s hedging of certain long-term borrowed funds. Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized FHLB borrowing capacity, primarily for advances and letters of credit, was $5.5 billion and $9.2 billion at September 30, 2024 and December 31, 2023, respectively. The Company’s available FHLB borrowing capacity was $20.4 billion and $15.9 billion at September 30, 2024 and December 31, 2023, respectively. The Company can also borrow from the FRB discount window to meet short-term liquidity requirements. Collateral, including certain loans, is pledged to support this borrowing capacity. At September 30, 2024, the Company’s unused secured borrowing capacity was approximately $72.3 billion, which includes unencumbered securities, FHLB borrowing capacity, and FRB discount window capacity. The following table presents a summary of maturities for the Company’s long-term borrowed funds at September 30, 2024: (dollars in millions) Parent Company CBNA and Other Subsidiaries Consolidated Year 2024 $17 $— $17 2025 469 1,476 1,945 2026 499 2,831 3,330 2027 — 8 8 2028 — 2,696 2,696 2029 and thereafter 5,509 439 5,948 Total $6,494 $7,450 $13,944

DERIVATIVES

DERIVATIVES	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	NOTE 8 - DERIVATIVES In the normal course of business, the Company enters into derivative transactions to meet the financing and hedging needs of its customers and reduce its own exposure to fluctuations in interest rates and foreign currency exchange rates. These transactions include interest rate swap contracts, interest rate options, foreign exchange contracts, residential loan commitment rate locks, interest rate future contracts, swaptions, certain commodities, forward commitments to sell TBAs, forward sale contracts and purchase options. The Company does not use derivatives for speculative purposes. Information regarding the valuation methodology and inputs used to estimate the fair value of the Company’s derivative instruments is described in Note 20 in the Company’s 2023 Form 10-K. The following table presents derivative instruments included in the Consolidated Balance Sheets: September 30, 2024 December 31, 2023 (dollars in millions) Notional Amount Derivative Assets Derivative Liabilities Notional Amount Derivative Assets Derivative Liabilities Derivatives designated as hedging instruments: Interest rate contracts $58,145 $327 $50 $86,895 $173 $44 Derivatives not designated as hedging instruments: Interest rate contracts 183,770 338 690 185,993 291 1,105 Foreign exchange contracts 31,579 371 306 32,528 434 378 Commodities contracts 1,136 536 476 1,251 685 640 TBA contracts 3,357 3 12 2,337 3 16 Other contracts 853 6 9 549 7 — Total derivatives not designated as hedging instruments 220,695 1,254 1,493 222,658 1,420 2,139 Total gross derivatives 278,840 1,581 1,543 309,553 1,593 2,183 Less: Gross amounts offset in the Consolidated Balance Sheets (1) (405) (405) (471) (471) Less: Cash collateral applied (1) (590) (126) (682) (150) Total net derivatives presented in the Consolidated Balance Sheets $586 $1,012 $440 $1,562 (1) Amounts represent the impact of enforceable master netting agreements that allow the Company to net settle positive and negative positions, as well as collateral paid and received. The Company’s derivative transactions are internally divided into three sub-groups: institutional, customer facilitation and residential loan. Certain derivative transactions within these sub-groups are designated as fair value or cash flow hedges, as described below: Derivatives Designated As Hedging Instruments The Company’s institutional derivatives qualify for hedge accounting treatment. The net interest accruals on interest rate swaps designated in a fair value or cash flow hedge relationship are treated as an adjustment to interest income or interest expense of the item being hedged. All hedging relationships are formally documented at inception, as well as risk management objectives and strategies for undertaking various accounting hedges. In addition, the effectiveness of hedge relationships is monitored during the duration of the hedge period. The methods utilized to assess hedge effectiveness vary based on the hedge relationship and each relationship is monitored to ensure that management’s initial intent continues to be satisfied. Hedge accounting treatment is discontinued when the derivative is terminated or when it is determined that a derivative is not expected to be, or has ceased to be, effective as a hedge. Changes in the fair value of a derivative are reflected in earnings after termination of the hedge relationship. Fair Value Hedges In a fair value hedge, changes in the fair value of both the derivative instrument and the hedged asset or liability attributable to the risk being hedged are recognized in the same income statement line item in the Consolidated Statements of Operations when the changes in fair value occur. The Company has entered into fair value hedges to manage interest rate risk within its AFS securities and long-term borrowed funds portfolios. The following table presents the effect of fair value hedges on the Consolidated Statements of Operations and the respective line items affected for each hedged item: Location and Amount of Gains (Losses) Recognized Interest Income Interest Expense (dollars in millions) Investment Securities Long-Term Borrowed Funds Three Months Ended September 30, 2024 Gains (losses) on fair value hedges recognized on: Hedged items $302 ($8) Derivatives (306) 8 Amounts related to interest settlements on derivatives 34 (4) Total net interest income recognized on fair value hedges $30 ($4) Three Months Ended September 30, 2023 Gains (losses) on fair value hedges recognized on: Hedged items ($16) $1 Derivatives 16 (1) Amounts related to interest settlements on derivatives 3 (4) Total net interest income recognized on fair value hedges $3 ($4) Nine Months Ended September 30, 2024 Gains (losses) on fair value hedges recognized on: Hedged items $128 ($8) Derivatives (127) 8 Amounts related to interest settlements on derivatives 87 (11) Total net interest income recognized on fair value hedges $88 ($11) Nine Months Ended September 30, 2023 Gains (losses) on fair value hedges recognized on: Hedged items ($28) $— Derivatives 28 — Amounts related to interest settlements on derivatives 4 (12) Total net interest income recognized on fair value hedges $4 ($12) The following table reflects amounts recorded in the Consolidated Balance Sheets related to cumulative basis adjustments for fair value hedges: (dollars in millions) September 30, 2024 December 31, 2023 Debt securities available for sale (1) Long-term borrowed funds Debt securities available for sale (1) Long-term borrowed funds Carrying amount of hedged assets $10,510 $— $7,253 $— Carrying amount of hedged liabilities — 491 — 483 Cumulative amount of fair value hedging adjustments included in the carrying amount of the hedged items 176 (8) 60 (17) (1) Includes the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio which is expected to be remaining at the end of the hedging relationship. As of September 30, 2024 and December 31, 2023, the amortized cost basis of the closed portfolios used in these hedging relationships was $6.7 billion and $5.9 billion, respectively, including associated cumulative basis adjustments of $95 million and $39 million, respectively. The amount of the designated hedging instruments was $4.8 billion and $4.0 billion at September 30, 2024 and December 31, 2023, respectively. Cash Flow Hedges In a cash flow hedge the entire change in the fair value of the interest rate swap included in the assessment of hedge effectiveness is initially recorded in OCI and is subsequently reclassified from AOCI into earnings in the period during which the hedged item affects earnings. The Company has entered into interest rate swap agreements designed to hedge a portion of its floating-rate assets and liabilities. All of these swaps are deemed highly effective cash flow hedges. From time to time, the Company may also enter into certain interest rate option agreements that utilize interest rate floors and/or caps. Option premiums paid and received are excluded from the assessment of hedge effectiveness and are amortized over the life of the instruments. The following table presents the pre-tax net gains (losses) recorded in the Consolidated Statements of Operations and in the Consolidated Statements of Comprehensive Income related to derivative instruments designated as cash flow hedges: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Pre-tax net gains (losses) recognized in OCI $613 ($326) ($114) ($773) Pre-tax net gains (losses) reclassified from AOCI into interest income (276) (156) (711) (420) Pre-tax net gains (losses) reclassified from AOCI into interest expense — (1) — — Using the September 30, 2024 interest rate curve the Company estimates that $621 million in pre-tax net losses related to cash flow hedge strategies will be reclassified from AOCI to net interest income over the next 12 months. These losses could differ from amounts recognized due to changes in interest rates, hedge de-designations or the addition of other hedges after September 30, 2024. Derivatives Not Designated As Hedging Instruments The Company offers derivatives to customers in connection with their risk management needs consisting primarily of interest rate, foreign exchange and commodity contracts. Market risk exposure from customer transactions is primarily managed by entering into a variety of hedging transactions with third-party dealers. Gains and losses on customer-related derivatives are reported in foreign exchange and derivatives products in the Consolidated Statements of Operations. Residential mortgage loans that will be sold in the secondary market and the related loan commitments, which are considered derivatives, are accounted for at fair value. Forward contracts to sell mortgage-backed securities are utilized to hedge the fair value of the loans and related commitments. Gains and losses on the loans and related commitments, and the derivatives used to economically hedge them, are reported in mortgage banking fees in the Consolidated Statements of Operations. Residential MSRs are accounted for at fair value. Derivatives utilized to hedge the fair value of residential MSRs include interest rate futures, swaps, options, and forward contracts to purchase mortgage-backed securities. Gains and losses on residential MSRs and the related derivatives are reported in mortgage banking fees in the Consolidated Statements of Operations. The following table presents the effect of economic hedges on noninterest income: Amounts Recognized in Three Months Ended September 30, Nine Months Ended September 30, Affected Line Item in the Consolidated Statements of Operations (dollars in millions) 2024 2023 2024 2023 Economic hedge type: Customer interest rate contracts $474 ($448) ($209) ($1,028) Foreign exchange and derivative products Derivatives hedging interest rate risk (467) 460 233 1,068 Foreign exchange and derivative products Customer foreign exchange contracts 151 (77) 18 (72) Foreign exchange and derivative products Derivatives hedging foreign exchange risk (195) 141 (13) 121 Foreign exchange and derivative products Customer commodity contracts (193) 168 (126) (401) Foreign exchange and derivative products Derivatives hedging commodity price risk 198 (158) 141 430 Foreign exchange and derivative products Residential loan commitments 9 (21) 2 (39) Mortgage banking fees Derivatives hedging residential loan commitments and mortgage loans held for sale, at fair value (24) 30 (15) 45 Mortgage banking fees Derivative contracts used to hedge residential MSRs 47 (76) (9) (91) Mortgage banking fees Total $— $19 $22 $33

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	NOTE 9 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables present the changes in the balances, net of income taxes, of each component of AOCI: As of and for the Three Months Ended September 30, (dollars in millions) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Investment Securities Defined Benefit Plans Total AOCI Balance at July 1, 2023 ($1,553) ($2,643) ($367) ($4,563) Other comprehensive income (loss) before reclassifications (248) (578) — (826) Amounts reclassified to the Consolidated Statements of Operations 120 23 3 146 Net other comprehensive income (loss) (128) (555) 3 (680) Balance at September 30, 2023 ($1,681) ($3,198) ($364) ($5,243) Balance at July 1, 2024 ($1,302) ($2,511) ($322) ($4,135) Other comprehensive income (loss) before reclassifications 450 541 — 991 Amounts reclassified to the Consolidated Statements of Operations 203 13 2 218 Net other comprehensive income (loss) 653 554 2 1,209 Balance at September 30, 2024 ($649) ($1,957) ($320) ($2,926) Primary location in the Consolidated Statements of Operations of amounts reclassified from AOCI Net interest income Securities gains, net and Net interest income Other operating expense As of and for the Nine Months Ended September 30, (dollars in millions) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Investment Securities Defined Benefit Plans Total AOCI Balance at January 1, 2023 ($1,416) ($2,771) ($373) ($4,560) Other comprehensive income (loss) before reclassifications (580) (490) — (1,070) Amounts reclassified to the Consolidated Statements of Operations 315 63 9 387 Net other comprehensive income (loss) (265) (427) 9 (683) Balance at September 30, 2023 ($1,681) ($3,198) ($364) ($5,243) Balance at January 1, 2024 ($1,087) ($2,338) ($333) ($3,758) Other comprehensive income (loss) before reclassifications (84) 339 4 259 Amounts reclassified to the Consolidated Statements of Operations 522 42 9 573 Net other comprehensive income (loss) 438 381 13 832 Balance at September 30, 2024 ($649) ($1,957) ($320) ($2,926) Primary location in the Consolidated Statements of Operations of amounts reclassified from AOCI Net interest income Securities gains, net and Net interest income Other operating expense

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 10 - STOCKHOLDERS’ EQUITY Preferred Stock The following table summarizes the Company’s preferred stock: September 30, 2024 December 31, 2023 (dollars in millions, except per share data) Liquidation value per share Preferred Shares Carrying Amount Preferred Shares Carrying Amount Authorized ($25 par value per share) 100,000,000 100,000,000 Issued and outstanding: Series B $1,000 300,000 $296 300,000 $296 Series C 1,000 300,000 297 300,000 297 Series D 1,000 (1) — — 300,000 (2) 293 Series E 1,000 (1) 450,000 (3) 437 450,000 437 Series F 1,000 400,000 395 400,000 395 Series G 1,000 300,000 296 300,000 296 Series H 1,000 (1) 400,000 (4) 391 — — Total 2,150,000 $2,112 2,050,000 $2,014 (1) Equivalent to $25 per depositary share. (2) Represented by 12,000,000 depositary shares each representing a 1/40th interest in the Series D Preferred Stock. (3) Represented by 18,000,000 depositary shares each representing a 1/40th interest in the Series E Preferred Stock. (4) Represented by 16,000,000 depositary shares each representing a 1/40th interest in the Series H Preferred Stock. On May 23, 2024, the Company issued $400 million, or 400,000 shares, of 7.375% fixed-rate non-cumulative perpetual Series H Preferred Stock, par value of $25.00 per share with a liquidation preference of $1,000 per share (the “Series H Preferred Stock”). As a result of this issuance, the Company received net proceeds of $391 million after underwriting fees and other expenses. The Series H Preferred Stock has no stated maturity and will not be subject to any sinking fund or other obligation of the Company. The Series H Preferred Stock is redeemable at the Company’s option, in whole or in part, on any dividend payment date on or after July 6, 2029 or, in whole but not in part, at any time within the 90 days following a regulatory capital treatment event at a redemption price equal to $1,000 per share, plus any declared and unpaid dividends. The Company may not redeem shares of the Series H Preferred Stock without the prior approval of the FRB or other appropriate federal banking agency as required under applicable capital rules. Except in limited circumstances or otherwise required by law, holders of the Series H Preferred Stock do not have any voting rights. On July 8, 2024, the Company redeemed all outstanding shares of the 9.205% floating rate non-cumulative perpetual Series D Preferred Stock. For further detail regarding the terms and conditions of the Company’s preferred stock, see Note 17 in the Company’s 2023 Form 10-K. Dividends The following tables summarize the Company’s dividend activity for the three and nine months ended September 30, 2024 and 2023. Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 (dollars in millions, except per share data) Dividends Declared per Share Dividends Declared Dividends Paid Dividends Declared per Share Dividends Declared Dividends Paid Common stock $0.42 $190 $190 $0.42 $199 $199 Preferred stock Series B $21.68 $6 $7 $21.81 $7 $9 Series C 22.07 6 6 15.93 4 4 Series D — — 7 15.88 4 4 Series E 12.50 6 6 12.50 6 6 Series F 14.13 6 6 14.13 6 6 Series G 10.00 3 3 10.00 3 3 Series H 27.25 11 — — — — Total preferred stock $38 $35 $30 $32 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 (dollars in millions, except per share data) Dividends Declared per Share Dividends Declared Dividends Paid Dividends Declared per Share Dividends Declared Dividends Paid Common stock $1.26 $581 $581 $1.26 $609 $609 Preferred stock Series B $65.06 $19 $20 $51.81 $16 $18 Series C 60.54 18 16 47.81 14 14 Series D 39.66 12 17 47.63 14 14 Series E 37.50 17 17 37.50 17 17 Series F 42.38 17 17 42.38 17 17 Series G 30.00 9 9 30.00 9 9 Series H 27.25 11 — — — — Total preferred stock $103 $96 $87 $89 Treasury Stock During the nine months ended September 30, 2024 and 2023, the Company repurchased $825 million, or 23,006,560 shares, and $906 million, or 28,472,450 shares, respectively, of its outstanding common stock, which are held in treasury stock.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 11 - COMMITMENTS AND CONTINGENCIES A summary of outstanding off-balance sheet arrangements is presented below. For more information on these arrangements, see Note 19 in the Company’s 2023 Form 10-K. (dollars in millions) September 30, 2024 December 31, 2023 Commitments to extend credit $91,728 $94,201 Letters of credit 1,796 1,977 Loans sold with recourse 96 96 Marketing rights 15 18 Risk participation agreements 11 3 Total $93,646 $96,295 Commitments to Extend Credit Commitments to extend credit are agreements to lend to customers in accordance with conditions contractually agreed upon in advance. These commitments generally have fixed expiration dates or termination clauses and may require payment of a fee. Since many of these commitments are expected to expire without being drawn upon, the contract amounts are not necessarily indicative of future cash requirements. Letters of Credit Letters of credit in the table above reflect commercial, standby financial and standby performance letters of credit. Financial and performance standby letters of credit are issued by the Company for the benefit of its customers. They are used as conditional guarantees of payment to a third party in the event the customer either fails to make specific payments (financial) or fails to complete a specific project (performance). The Company’s exposure to credit loss in the event of counterparty nonperformance in connection with the above instruments is represented by the contractual amount of those instruments. Letters of credit are generally collateralized by cash, accounts receivable, inventory or investment securities. Credit risk associated with letters of credit is considered in determining the appropriate amount of allowances for unfunded commitments. Standby letters of credit and commercial letters of credit are issued for terms of up to two years and one year, respectively. Other Commitments The Company has additional off-balance sheet arrangements that are summarized below: • Marketing Rights - During 2003, the Company entered into a 25-year agreement to acquire the naming and marketing rights of a baseball stadium in Pennsylvania. • Loans sold with recourse - the Company is an originator and servicer of residential mortgages and routinely sells such mortgage loans in the secondary market and to GSEs. In the context of such sales, the Company makes certain representations and warranties regarding the characteristics of the underlying loans and, as a result, may be contractually required to repurchase such loans or indemnify certain parties against losses for certain breaches of those representations and warranties. The Company also sells the government guaranteed portion of certain SBA loans to outside investors, for which it retains the servicing rights. • Risk Participation Agreements - RPAs are guarantees issued by the Company to other parties for a fee, whereby the Company agrees to participate in the credit risk of a derivative customer of the other party. The current amount of credit exposure is spread out over multiple counterparties. At September 30, 2024, the remaining terms on these RPAs ranged from less than one year to nine years. Contingencies The Company operates in a legal and regulatory environment that exposes it to potentially significant risks. A certain amount of litigation ordinarily results from the nature of the Company’s banking and other businesses. The Company is a party to legal proceedings, including class actions. The Company is also the subject of investigations, reviews, subpoenas, and regulatory matters arising out of its normal business operations which, in some instances, relate to concerns about fair lending, unfair and/or deceptive practices, and mortgage-related issues. In addition, the Company engages in discussions with relevant governmental and regulatory authorities on a regular and ongoing basis regarding various issues, and any issues discussed or identified may result in investigatory or other action being taken. Litigation and regulatory matters may result in settlements, damages, fines, penalties, public or private censure, increased costs, required remediation, restrictions on business activities, or other impacts on the Company. In these disputes and proceedings, the Company contests liability and the amount of damages as appropriate. Given their complex nature, and based on the Company's experience, it may be years before some of these matters are finally resolved. Moreover, before liability can be reasonably estimated for a claim, numerous legal and factual issues may need to be examined, including through potentially lengthy discovery and determination of important factual matters, and by addressing novel or unsettled legal issues relevant to the proceedings in question. The Company cannot predict with certainty if, how, or when such claims will be resolved or what the eventual settlement, fine, penalty or other relief, if any, may be, particularly for claims that are at an early stage in their development or where claimants seek substantial or indeterminate damages. The Company recognizes a provision for a claim when, in the opinion of management after seeking legal advice, it is probable that a liability exists and the amount of loss can be reasonably estimated. In many proceedings, however, it is not possible to determine whether any loss is probable or to estimate the amount of any loss. Based on information currently available, the advice of legal counsel and other advisers, and established reserves, management believes that the aggregate liabilities, if any, potentially arising from these proceedings will not have a materially adverse effect on the Company’s unaudited interim Consolidated Financial Statements.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 12 - FAIR VALUE MEASUREMENTS The Company measures or monitors many of its assets and liabilities on a fair value basis. Fair value is used on a recurring basis for assets and liabilities for which fair value is the required or elected measurement basis of accounting. Fair value is also used on a nonrecurring basis to evaluate assets for impairment or for disclosure purposes. Nonrecurring fair value adjustments typically involve the application of lower of cost or market accounting or write-downs of individual assets. Fair value measurement guidance is also applied to determine amounts reported for certain disclosures in this Note for assets and liabilities that are not required to be reported at fair value in the financial statements. Fair Value Option The Company elected to account for residential mortgage LHFS and certain commercial and industrial, and commercial real estate LHFS at fair value. The following table presents the difference between the aggregate fair value and the aggregate unpaid principal balance of LHFS measured at fair value: September 30, 2024 December 31, 2023 (dollars in millions) Aggregate Fair Value Aggregate Unpaid Principal Aggregate Fair Value Greater (Less) Than Aggregate Unpaid Principal Aggregate Fair Value Aggregate Unpaid Principal Aggregate Fair Value Greater (Less) Than Aggregate Unpaid Principal Residential mortgage loans held for sale, at fair value $573 $558 $15 $614 $593 $21 Commercial and industrial, and commercial real estate loans held for sale, at fair value 41 47 (6) 62 69 (7) For more information on the election of the fair value option for these assets see Note 20 in the Company’s 2023 Form 10-K. Recurring Fair Value Measurements The Company utilizes a variety of valuation techniques to measure its assets and liabilities at fair value on a recurring basis. For more information on the valuation techniques utilized to measure fair value on a recurring basis, see Note 20 in the Company’s 2023 Form 10-K. Short-term investments Short-term investments include corporate bonds and U.S. Treasury securities managed by the Company’s trading desks. U.S. Treasury securities are classified as Level 1 in the fair value hierarchy as quoted prices in active markets are readily available. The fair value of corporate bonds is estimated using a combination of direct market quotes for a particular bond, or a comparable bond if recent market data is not available, and a discounted cash flow model that incorporates certain credit attributes of the bond issuer. External pricing services are utilized to corroborate the fair value of corporate bonds, which may result in an adjustment to the underlying bond’s valuation if price differences exceed certain thresholds. Corporate bonds are classified as Level 2 in the fair value hierarchy given the observable market inputs utilized to value these instruments. Short-term investments are included in interest-bearing deposits in banks in the Consolidated Balance Sheets. Short-term borrowed funds Short-term borrowed funds include short positions in corporate bonds held by the Company’s trading desks and are classified as Level 2 in the fair value hierarchy. See “Short-term investments” above for more information regarding the valuation techniques utilized to value corporate bonds. The following table presents assets and liabilities measured at fair value, including gross derivative assets and liabilities, on a recurring basis at September 30, 2024: (dollars in millions) Total Level 1 Level 2 Level 3 Debt securities available for sale: Mortgage-backed securities $27,911 $— $27,911 $— Collateralized loan obligations 234 — 234 — State and political subdivisions 1 — 1 — U.S. Treasury and other 4,689 4,689 — — Total debt securities available for sale 32,835 4,689 28,146 — Loans held for sale, at fair value: Residential loans held for sale 573 — 573 — Commercial loans held for sale 41 — 41 — Total loans held for sale, at fair value 614 — 614 — Mortgage servicing rights 1,501 — — 1,501 Derivative assets: Interest rate contracts 665 — 665 — Foreign exchange contracts 371 — 371 — Commodities contracts 536 — 536 — TBA contracts 3 — 3 — Other contracts 6 — — 6 Total derivative assets 1,581 — 1,575 6 Equity securities, at fair value (1) 145 145 — — Short-term investments 69 40 29 — Total assets $36,745 $4,874 $30,364 $1,507 Derivative liabilities: Interest rate contracts $740 $— $740 $— Foreign exchange contracts 306 — 306 — Commodities contracts 476 — 476 — TBA contracts 12 — 12 — Other contracts 9 — — 9 Total derivative liabilities 1,543 — 1,534 9 Short-term borrowed funds 15 — 15 — Total liabilities $1,558 $— $1,549 $9 (1) Excludes investments of $58 million included in other assets in the Consolidated Balance Sheets that are measured at fair value using the net asset value per share (or its equivalent) practical expedient. These investments include capital contributions to private investment funds and have unfunded capital commitments of $24 million at September 30, 2024, which may be called at any time during prescribed time periods. The credit exposure is generally limited to the carrying amount of investments made and unfunded capital commitments. The following table presents assets and liabilities measured at fair value, including gross derivative assets and liabilities, on a recurring basis at December 31, 2023: (dollars in millions) Total Level 1 Level 2 Level 3 Debt securities available for sale: Mortgage-backed securities $24,732 $— $24,732 $— Collateralized loan obligations 664 — 664 — State and political subdivisions 1 — 1 — U.S. Treasury and other 4,380 4,380 — — Total debt securities available for sale 29,777 4,380 25,397 — Loans held for sale, at fair value: Residential loans held for sale 614 — 614 — Commercial loans held for sale 62 — 62 — Total loans held for sale, at fair value 676 — 676 — Mortgage servicing rights 1,552 — — 1,552 Derivative assets: Interest rate contracts 464 — 464 — Foreign exchange contracts 434 — 434 — Commodities contracts 685 — 685 — TBA contracts 3 — 3 — Other contracts 7 — — 7 Total derivative assets 1,593 — 1,586 7 Equity securities, at fair value (1) 115 115 — — Total assets $33,713 $4,495 $27,659 $1,559 Derivative liabilities: Interest rate contracts $1,149 $— $1,149 $— Foreign exchange contracts 378 — 378 — Commodities contracts 640 — 640 — TBA contracts 16 — 16 — Other contracts — — — — Total derivative liabilities 2,183 — 2,183 — Total liabilities $2,183 $— $2,183 $— (1) Excludes investments of $58 million included in other assets in the Consolidated Balance Sheets that are measured at fair value using the net asset value per share (or its equivalent) practical expedient. These investments include capital contributions to private investment funds and have unfunded capital commitments of $28 million at December 31, 2023, which may be called at any time during prescribed time periods. The credit exposure is generally limited to the carrying amount of investments made and unfunded capital commitments. The following tables present a roll forward of the balance sheet amounts for assets and liabilities measured at fair value on a recurring basis and classified as Level 3: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 (dollars in millions) Mortgage Servicing Rights Other Derivative Contracts Mortgage Servicing Rights Other Derivative Contracts Beginning balance $1,568 $6 $1,552 $7 Issuances 28 18 71 47 Settlements (1) (46) (27) (135) (50) Changes in fair value during the period recognized in earnings (2) (49) — 13 (7) Ending balance $1,501 ($3) $1,501 ($3) Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (dollars in millions) Mortgage Servicing Rights Other Derivative Contracts Mortgage Servicing Rights Other Derivative Contracts Beginning balance $1,524 $6 $1,530 $1 Issuances 47 17 104 52 Settlements (1) (42) 1 (124) (11) Changes in fair value during the period recognized in earnings (2) 91 (21) 110 (39) Ending balance $1,620 $3 $1,620 $3 (1) For MSRs, represents changes in value of the MSRs due to i) passage of time including the impact from both regularly scheduled loan principal payments and partial paydowns, and ii) loans that paid off during the period. For other derivative contracts, represents the closeout of interest rate lock commitments. (2) Represents changes in value primarily driven by market conditions. These changes are recorded in mortgage banking fees and other income in the Consolidated Statements of Operations. The following table presents quantitative information about significant unobservable inputs utilized to measure the fair value of Level 3 assets and liabilities. As of September 30, 2024 As of December 31, 2023 Financial Instrument (1) Valuation Technique Unobservable Input Range (Weighted Average) Range (Weighted Average) Mortgage servicing rights Discounted Cash Flow Constant prepayment rate 6.81-18.55% CPR (8.30% CPR) 6.70-14.55% CPR (7.23% CPR) Option adjusted spread 398-1,058 bps (634 bps) 398-1,058 bps (630 bps) Other derivative contracts Internal Model Pull through rate 9.42-99.91% (81.65%) 24.90-99.70% (80.34%) MSR value (17.99)-162.51 bps (105.41 bps) (8.90)-141.24 bps (88.04 bps) (1) Disclosures related to the fair value measurement of financial instruments deemed immaterial are not included. Nonrecurring Fair Value Measurements Fair value is also used on a nonrecurring basis to evaluate certain assets for impairment or for disclosure purposes. For more information on the valuation techniques utilized to measure fair value on a nonrecurring basis, see Note 20 in the Company’s 2023 Form 10-K. The following table presents losses on assets measured at fair value on a nonrecurring basis and recorded in earnings: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Collateral-dependent loans ($36) ($40) ($156) ($108) The following table presents assets measured at fair value on a nonrecurring basis: September 30, 2024 December 31, 2023 (dollars in millions) Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Collateral-dependent loans $1,136 $— $1,136 $— $789 $— $789 $— Fair Value of Financial Instruments The following tables present the estimated fair value for financial instruments not recorded at fair value in the Consolidated Financial Statements. The carrying amounts are recorded in the Consolidated Balance Sheets under the indicated captions: September 30, 2024 Total Level 1 Level 2 Level 3 (dollars in millions) Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Financial assets: Debt securities held to maturity $8,738 $8,067 $— $— $8,308 $7,645 $430 $422 Other loans held for sale 49 49 — — — — 49 49 Net loans and leases 139,553 139,662 — — 1,136 1,136 138,417 138,526 Other assets 732 732 — — 710 710 22 22 Financial liabilities: Deposits 175,188 175,061 — — 175,188 175,061 — — Long-term borrowed funds 13,944 13,977 — — 13,944 13,977 — — December 31, 2023 Total Level 1 Level 2 Level 3 (dollars in millions) Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Financial assets: Debt securities held to maturity $9,184 $8,350 $— $— $8,696 $7,887 $488 $463 Other loans held for sale 103 103 — — — — 103 103 Net loans and leases 143,861 140,504 — — 789 789 143,072 139,715 Other assets 869 869 — — 851 851 18 18 Financial liabilities: Deposits 177,342 177,096 — — 177,342 177,096 — — Short-term borrowed funds 505 505 — — 505 505 — — Long-term borrowed funds 13,467 13,012 — — 13,467 13,012 — —

NONINTEREST INCOME

NONINTEREST INCOME	9 Months Ended
	Sep. 30, 2024
Other Income and Expenses [Abstract]
NONINTEREST INCOME	NOTE 13 - NONINTEREST INCOME Revenues from Contracts with Customers The following tables present the components of revenue from contracts with customers disaggregated by revenue stream and business operating segment: Three Months Ended September 30, 2024 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Service charges and fees $75 $34 $— $— $109 Card fees 73 12 — 6 91 Capital markets fees — 88 — — 88 Wealth fees (1) 76 — — — 76 Other banking fees 1 2 — — 3 Total revenue from contracts with customers $225 $136 $— $6 $367 Total revenue from other sources (2) 60 71 — 34 165 Total noninterest income $285 $207 $— $40 $532 Three Months Ended September 30, 2023 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Service charges and fees $73 $31 $— $1 $105 Card fees 62 12 — — 74 Capital markets fees — 64 — — 64 Wealth fees (1) 62 1 — — 63 Other banking fees 1 3 — — 4 Total revenue from contracts with customers $198 $111 $— $1 $310 Total revenue from other sources (2) 80 69 — 33 182 Total noninterest income $278 $180 $— $34 $492 Nine Months Ended September 30, 2024 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Service charges and fees $213 $97 $— $— $310 Card fees 213 40 — 13 266 Capital markets fees — 330 — — 330 Wealth fees (1) 219 — — — 219 Other banking fees 2 8 — 1 11 Total revenue from contracts with customers $647 $475 $— $14 $1,136 Total revenue from other sources (2) 173 201 — 92 466 Total noninterest income $820 $676 $— $106 $1,602 Nine Months Ended September 30, 2023 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Service charges and fees $206 $98 $— $1 $305 Card fees 188 35 — — 223 Capital markets fees — 211 — — 211 Wealth fees (1) 190 1 — — 191 Other banking fees 2 10 — — 12 Total revenue from contracts with customers $586 $355 $— $1 $942 Total revenue from other sources (2) 216 233 — 92 541 Total noninterest income $802 $588 $— $93 $1,483 (1) See Note 1 for information regarding updates to the Consolidated Statements of Operations during the second quarter of 2024. (2) Includes bank-owned life insurance income of $26 million and $24 million for the three months ended September 30, 2024 and 2023, respectively, and $80 million and $70 million for the nine months ended September 30, 2024 and 2023, respectively. The Company recognized trailing commissions of $4 million for the three months ended September 30, 2024 and 2023, and $11 million for the nine months ended September 30, 2024 and 2023 related to ongoing commissions from previous investment sales.

OTHER OPERATING EXPENSE

OTHER OPERATING EXPENSE	9 Months Ended
	Sep. 30, 2024
Other Income and Expenses [Abstract]
OTHER OPERATING EXPENSE	NOTE 14 - OTHER OPERATING EXPENSE The following table presents the details of other operating expense: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Marketing $40 $48 $124 $142 Deposit insurance (1) 40 42 162 121 Other 84 86 269 279 Other operating expense $164 $176 $555 $542 (1) Includes an industry-wide FDIC special assessment of $40 million for the nine months ended September 30, 2024.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 15 - EARNINGS PER SHARE Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions, except per share data) 2024 2023 2024 2023 Numerator (basic and diluted): Net income $382 $430 $1,108 $1,419 Less: Preferred stock dividends 38 30 103 87 Net income available to common stockholders $344 $400 $1,005 $1,332 Denominator: Weighted-average common shares outstanding - basic 446,561,996 469,481,085 453,993,833 478,073,507 Dilutive common shares: share-based awards 3,351,471 1,702,634 2,467,497 1,659,501 Weighted-average common shares outstanding - diluted 449,913,467 471,183,719 456,461,330 479,733,008 Earnings per common share: Basic $0.77 $0.85 $2.21 $2.79 Diluted (1) 0.77 0.85 2.20 2.78 (1) Potential dilutive common shares are excluded from the computation of diluted EPS in the periods where the effect would be antidilutive. Excluded from the computation of diluted EPS were weighted average antidilutive shares totaling 141,698 and 2,566,762 for the three months ended September 30, 2024 and 2023, respectively, and 409,167 and 2,391,244 for the nine months ended September 30, 2024 and 2023, respectively.

BUSINESS OPERATING SEGMENTS

BUSINESS OPERATING SEGMENTS	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
BUSINESS OPERATING SEGMENTS	NOTE 16 - BUSINESS OPERATING SEGMENTS The Company is managed by its Chief Executive Officer on a segment basis. The Company’s three business operating segments are Consumer Banking, Commercial Banking, and Non-Core. The business operating segments are determined based on the products and services provided, or the type of customer served. Each business operating segment has a segment head that reports directly to the Chief Executive Officer, who has final authority over resource allocation decisions and performance assessment. The business operating segments reflect this management structure and the manner in which financial information is currently evaluated by the Chief Executive Officer. Developing and applying methodologies used to allocate items among the business operating segments is a dynamic process. Accordingly, financial results may be revised periodically as management systems are enhanced, methods of evaluating performance or product lines are updated, or organizational structure changes occur. For more information on the Company’s business operating segments, as well as Other non-segment operations, see Note 26 in the Company’s 2023 Form 10-K. Three Months Ended September 30, 2024 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Net interest income $1,156 $478 ($28) ($237) $1,369 Noninterest income 285 207 — 40 532 Total revenue 1,441 685 (28) (197) 1,901 Noninterest expense 916 300 23 20 1,259 Profit (loss) before provision (benefit) for credit losses 525 385 (51) (217) 642 Provision (benefit) for credit losses 84 91 17 (20) 172 Income (loss) before income tax expense (benefit) 441 294 (68) (197) 470 Income tax expense (benefit) 114 63 (17) (72) 88 Net income (loss) $327 $231 ($51) ($125) $382 Total average assets $75,392 $68,092 $8,389 $66,705 $218,578 Three Months Ended September 30, 2023 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Net interest income $1,067 $560 ($41) ($64) $1,522 Noninterest income 278 180 — 34 492 Total revenue 1,345 740 (41) (30) 2,014 Noninterest expense 905 325 30 33 1,293 Profit (loss) before provision (benefit) for credit losses 440 415 (71) (63) 721 Provision (benefit) for credit losses 67 67 20 18 172 Income (loss) before income tax expense (benefit) 373 348 (91) (81) 549 Income tax expense (benefit) 97 88 (24) (42) 119 Net income (loss) $276 $260 ($67) ($39) $430 Total average assets $72,964 $74,997 $13,113 $59,088 $220,162 Nine Months Ended September 30, 2024 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Net interest income $3,369 $1,486 ($96) ($538) $4,221 Noninterest income 820 676 — 106 1,602 Total revenue 4,189 2,162 (96) (432) 5,823 Noninterest expense 2,734 928 74 182 3,918 Profit (loss) before provision (benefit) for credit losses 1,455 1,234 (170) (614) 1,905 Provision (benefit) for credit losses 249 262 46 (32) 525 Income (loss) before income tax expense (benefit) 1,206 972 (216) (582) 1,380 Income tax expense (benefit) 311 223 (55) (207) 272 Net income (loss) $895 $749 ($161) ($375) $1,108 Total average assets $74,510 $69,046 $9,450 $66,514 $219,520 Nine Months Ended September 30, 2023 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Net interest income $3,101 $1,741 ($84) ($5) $4,753 Noninterest income 802 588 — 93 1,483 Total revenue 3,903 2,329 (84) 88 6,236 Noninterest expense 2,637 971 95 192 3,895 Profit (loss) before provision (benefit) for credit losses 1,266 1,358 (179) (104) 2,341 Provision (benefit) for credit losses 198 185 54 79 516 Income (loss) before income tax expense (benefit) 1,068 1,173 (233) (183) 1,825 Income tax expense (benefit) 278 289 (61) (100) 406 Net income (loss) $790 $884 ($172) ($83) $1,419 Total average assets $72,477 $77,130 $14,409 $57,723 $221,739

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited interim Consolidated Financial Statements and Notes have been prepared in accordance with the instructions for Form 10-Q and, therefore, do not include all information and notes included in annual financial statements prepared in accordance with GAAP. The Consolidated Financial Statements include all adjustments, consisting of normal recurring adjustments, necessary for the fair presentation of the interim period results presented. These unaudited interim financial statements and notes should be read in conjunction with the audited Consolidated Financial Statements and Notes included in the Company’s 2023 Form 10-K. The results of operations for interim periods are not necessarily indicative of the results that may be expected for the full year.
Consolidation	The unaudited interim Consolidated Financial Statements include the accounts of the Parent Company and its subsidiaries, including VIEs in which the Company is a primary beneficiary. Investments in VIEs in which the Company does not have the ability to exercise significant influence are not consolidated. All intercompany transactions and balances have been eliminated in consolidation. During the first quarter of 2024, the Company modified the presentation of its loans and leases portfolio to include leases in the commercial and industrial financing receivable class. Prior period results have been revised to conform to the new presentation. See Notes 3 and 4 for additional information relative to the Company’s loans and leases portfolio. Effective for the second quarter of 2024, Trust and investment services fees was renamed to Wealth fees in the Consolidated Statements of Operations to better reflect the broad range of wealth-related management fees and services provided to customers.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change include the determination of the ACL, fair value measurements and the evaluation and measurement of goodwill impairment.
Credit Quality Indicators	The Company presents loan and lease portfolio segments and classes by credit quality indicator and vintage year and defines the vintage date for the purpose of this disclosure as the date of the most recent credit decision. Renewals are categorized as new credit decisions and reflect the renewal date as the vintage date, except for renewals of loans modified for borrowers experiencing financial difficulty, or FDMs, which are presented in the original vintage. The Company utilizes internal risk ratings to monitor credit quality for commercial loans and leases. For more information on these ratings see Note 6 in the Company’s 2023 Form 10-K.
Variable Interest Entity	The Company, in the normal course of business, engages in a variety of activities with entities that are considered VIEs, as defined by GAAP, with its variable interest arising from contractual, ownership or other monetary interests in the entity. A VIE typically does not have sufficient equity at risk to finance its activities without additional subordinated financial support from other parties.
Short-Term Investments and Short-Term Borrowed Funds	Short-term investments Short-term investments include corporate bonds and U.S. Treasury securities managed by the Company’s trading desks. U.S. Treasury securities are classified as Level 1 in the fair value hierarchy as quoted prices in active markets are readily available. The fair value of corporate bonds is estimated using a combination of direct market quotes for a particular bond, or a comparable bond if recent market data is not available, and a discounted cash flow model that incorporates certain credit attributes of the bond issuer. External pricing services are utilized to corroborate the fair value of corporate bonds, which may result in an adjustment to the underlying bond’s valuation if price differences exceed certain thresholds. Corporate bonds are classified as Level 2 in the fair value hierarchy given the observable market inputs utilized to value these instruments. Short-term investments are included in interest-bearing deposits in banks in the Consolidated Balance Sheets. Short-term borrowed funds Short-term borrowed funds include short positions in corporate bonds held by the Company’s trading desks and are classified as Level 2 in the fair value hierarchy. See “Short-term investments” above for more information regarding the valuation techniques utilized to value corporate bonds.

SECURITIES (Tables)

SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of securities held	The following table presents the major components of securities at amortized cost and fair value: September 30, 2024 December 31, 2023 (dollars in millions) Amortized Cost (1) Gross Unrealized Gains Gross Unrealized Losses Fair Value Amortized Cost (1) Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Treasury and other $4,726 $42 ($79) $4,689 $4,493 $26 ($139) $4,380 State and political subdivisions 1 — — 1 1 — — 1 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities 28,995 135 (1,480) 27,650 26,289 45 (1,857) 24,477 Other/non-agency 274 — (13) 261 279 — (24) 255 Total mortgage-backed securities 29,269 135 (1,493) 27,911 26,568 45 (1,881) 24,732 Collateralized loan obligations 234 — — 234 667 — (3) 664 Total debt securities available for sale, at fair value $34,230 $177 ($1,572) $32,835 $31,729 $71 ($2,023) $29,777 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities $8,308 $2 ($665) $7,645 $8,696 $9 ($818) $7,887 Total mortgage-backed securities 8,308 2 (665) 7,645 8,696 9 (818) 7,887 Asset-backed securities 430 1 (9) 422 488 — (25) 463 Total debt securities held to maturity $8,738 $3 ($674) $8,067 $9,184 $9 ($843) $8,350 Equity securities, at cost (2) $732 $— $— $732 $869 $— $— $869 Equity securities, at fair value (2) 203 — — 203 173 — — 173 (1) Excludes portfolio level basis adjustments of $176 million and $60 million, respectively, for securities designated in active fair value hedge relationships at September 30, 2024 and December 31, 2023. (2) Included in other assets in the Consolidated Balance Sheets.
Schedule of investments classified by maturity date	The following table presents the amortized cost and fair value of debt securities by contractual maturity as of September 30, 2024. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without incurring penalties. Distribution of Maturities (dollars in millions) 1 Year or Less After 1 Year through 5 Years After 5 Years through 10 Years After 10 Years Total Amortized cost: U.S. Treasury and other $— $3,606 $1,120 $— $4,726 State and political subdivisions — — — 1 1 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities — 2,108 1,321 25,566 28,995 Other/non-agency — — — 274 274 Collateralized loan obligations — — — 234 234 Total debt securities available for sale — 5,714 2,441 26,075 34,230 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities — — — 8,308 8,308 Asset-backed securities — 430 — — 430 Total debt securities held to maturity — 430 — 8,308 8,738 Total amortized cost of debt securities $— $6,144 $2,441 $34,383 $42,968 Fair value: U.S. Treasury and other $— $3,535 $1,154 $— $4,689 State and political subdivisions — — — 1 1 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities — 2,060 1,281 24,309 27,650 Other/non-agency — — — 261 261 Collateralized loan obligations — — — 234 234 Total debt securities available for sale — 5,595 2,435 24,805 32,835 Mortgage-backed securities: Federal agencies and U.S. government sponsored entities — — — 7,645 7,645 Asset-backed securities — 422 — — 422 Total debt securities held to maturity — 422 — 7,645 8,067 Total fair value of debt securities $— $6,017 $2,435 $32,450 $40,902
Schedule of income recognized on investment securities	The following table presents realized gains and losses on the sale of securities: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Gains $9 $9 $14 $27 Losses — (4) — (8) Securities gains, net $9 $5 $14 $19
Schedule of financial instruments owned and pledged as collateral	The following table presents the amortized cost and fair value of debt securities pledged: September 30, 2024 December 31, 2023 (dollars in millions) Amortized Cost Fair Value Amortized Cost Fair Value Pledged against derivatives, to qualify for fiduciary powers, or to secure public and other deposits as required by law $6,528 $6,080 $5,619 $5,305 Pledged as collateral for FHLB borrowing capacity 237 226 242 220 Pledged against repurchase agreements — — — —
Schedule of unrealized loss on investments	The following tables present AFS debt securities with fair values below their respective carrying values, separated by the duration the securities have been in a continuous unrealized loss position: September 30, 2024 Less than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. Treasury and other $— $— $3,310 ($79) $3,310 ($79) State and political subdivisions — — — — — — Mortgage-backed securities: Federal agencies and U.S. government sponsored entities 755 (4) 16,244 (1,476) 16,999 (1,480) Other/non-agency — — 260 (13) 260 (13) Total mortgage-backed securities 755 (4) 16,504 (1,489) 17,259 (1,493) Collateralized loan obligations — — — — — — Total $755 ($4) $19,814 ($1,568) $20,569 ($1,572) December 31, 2023 Less than 12 Months 12 Months or Longer Total (dollars in millions) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. Treasury and other $49 $— $3,245 ($139) $3,294 ($139) Mortgage-backed securities: Federal agencies and U.S. government sponsored entities 2,939 (24) 16,398 (1,833) 19,337 (1,857) Other/non-agency — — 255 (24) 255 (24) Total mortgage-backed securities 2,939 (24) 16,653 (1,857) 19,592 (1,881) Collateralized loan obligations 56 — 607 (3) 663 (3) Total $3,044 ($24) $20,505 ($1,999) $23,549 ($2,023)

LOANS AND LEASES (Tables)

LOANS AND LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Schedule of loans and leases	The following table presents loans and leases, excluding LHFS: (dollars in millions) September 30, 2024 December 31, 2023 Commercial and industrial $43,825 $44,974 Commercial real estate 27,983 29,471 Total commercial 71,808 74,445 Residential mortgages 32,379 31,332 Home equity 15,992 15,040 Automobile 5,540 8,258 Education 11,118 11,834 Other retail 4,795 5,050 Total retail 69,824 71,514 Total loans and leases $141,632 $145,959 The following table presents the composition of LHFS: September 30, 2024 December 31, 2023 (dollars in millions) Residential Mortgages (1) Commercial (2) Total Residential Mortgages (1) Commercial (2) Total Loans held for sale at fair value $573 $41 $614 $614 $62 $676 Other loans held for sale — 49 49 — 103 103 (1) Residential mortgage LHFS at fair value are originated for sale. (2) Commercial LHFS at fair value consist of loans managed by the Company’s commercial secondary loan desk. Other commercial LHFS primarily consist of loans associated with the Company’s syndication business.

CREDIT QUALITY AND THE ALLOWA_2

CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Schedule of changes in the allowance for credit losses	The following table presents a summary of changes in the ACL for the three and nine months ended September 30, 2024: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 (dollars in millions) Commercial Retail Total Commercial Retail Total Allowance for loan and lease losses, beginning of period $1,282 $843 $2,125 $1,250 $848 $2,098 Charge-offs (106) (125) (231) (308) (377) (685) Recoveries 8 31 39 29 99 128 Net charge-offs (98) (94) (192) (279) (278) (557) Provision expense (benefit) for loans and leases 3 143 146 216 322 538 Allowance for loan and lease losses, end of period 1,187 892 2,079 1,187 892 2,079 Allowance for unfunded lending commitments, beginning of period 147 34 181 175 45 220 Provision expense (benefit) for unfunded lending commitments 17 9 26 (11) (2) (13) Allowance for unfunded lending commitments, end of period 164 43 207 164 43 207 Total allowance for credit losses, end of period $1,351 $935 $2,286 $1,351 $935 $2,286 The following table presents a summary of changes in the ACL for the three and nine months ended September 30, 2023: Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (dollars in millions) Commercial Retail Total Commercial Retail Total Allowance for loan and lease losses, beginning of period $1,157 $887 $2,044 $1,060 $923 $1,983 Charge-offs (74) (117) (191) (212) (339) (551) Recoveries 4 34 38 14 99 113 Net charge-offs (70) (83) (153) (198) (240) (438) Provision expense (benefit) for loans and leases 146 43 189 371 164 535 Allowance for loan and lease losses, end of period 1,233 847 2,080 1,233 847 2,080 Allowance for unfunded lending commitments, beginning of period 213 42 255 207 50 257 Provision expense (benefit) for unfunded lending commitments (21) 4 (17) (15) (4) (19) Allowance for unfunded lending commitments, end of period 192 46 238 192 46 238 Total allowance for credit losses, end of period $1,425 $893 $2,318 $1,425 $893 $2,318 The following tables present gross charge-offs by vintage date for the Company’s loan and lease portfolios: Nine Months Ended September 30, 2024 Term Loans and Leases by Origination Year Revolving Loans (dollars in millions) 2024 2023 2022 2021 2020 Prior to 2020 Within the Revolving Period Converted to Term Total Commercial and industrial $— $— $15 $22 $1 $15 $32 $— $85 Commercial real estate — — 1 22 98 102 — — 223 Total commercial — — 16 44 99 117 32 — 308 Residential mortgages — — — — — 4 — — 4 Home equity — — — — — 3 8 1 12 Automobile — 5 23 23 7 4 9 1 72 Education — 2 6 18 21 46 — — 93 Other retail 25 10 7 12 2 8 132 — 196 Total retail 25 17 36 53 30 65 149 2 377 Total loans and leases $25 $17 $52 $97 $129 $182 $181 $2 $685 Nine Months Ended September 30, 2023 Term Loans and Leases by Origination Year Revolving Loans (dollars in millions) 2023 2022 2021 2020 2019 Prior to 2019 Within the Revolving Period Converted to Term Total Commercial and industrial $— $1 $32 $4 $1 $24 $35 $— $97 Commercial real estate — — — 51 11 53 — — 115 Total commercial — 1 32 55 12 77 35 — 212 Residential mortgages — — — — 1 2 — — 3 Home equity — — — — — 2 6 — 8 Automobile — 24 31 11 9 7 — — 82 Education — 3 12 16 10 35 — — 76 Other retail 36 22 7 6 8 7 84 — 170 Total retail 36 49 50 33 28 53 90 — 339 Total loans and leases $36 $50 $82 $88 $40 $130 $125 $— $551
Schedule of classes of loans and leases, amortized cost basis by credit quality indicator	The following table presents the amortized cost basis of commercial loans and leases by vintage date and internal risk rating as of September 30, 2024: Term Loans and Leases by Origination Year Revolving Loans (dollars in millions) 2024 2023 2022 2021 2020 Prior to 2020 Within the Revolving Period Converted to Term Total Commercial and industrial Pass $4,147 $2,910 $4,856 $3,430 $1,095 $2,266 $21,931 $71 $40,706 Special Mention 6 71 104 271 27 38 310 — 827 Substandard Accrual 3 60 259 344 151 292 950 14 2,073 Nonaccrual — 23 55 17 5 65 48 6 219 Total commercial and industrial 4,156 3,064 5,274 4,062 1,278 2,661 23,239 91 43,825 Commercial real estate Pass 1,599 1,326 5,695 5,806 1,990 4,690 1,411 4 22,521 Special Mention 1 — 1,013 428 160 485 129 — 2,216 Substandard Accrual — 6 326 347 455 1,121 135 4 2,394 Nonaccrual — — 86 38 91 635 2 — 852 Total commercial real estate 1,600 1,332 7,120 6,619 2,696 6,931 1,677 8 27,983 Total commercial Pass 5,746 4,236 10,551 9,236 3,085 6,956 23,342 75 63,227 Special Mention 7 71 1,117 699 187 523 439 — 3,043 Substandard Accrual 3 66 585 691 606 1,413 1,085 18 4,467 Nonaccrual — 23 141 55 96 700 50 6 1,071 Total commercial $5,756 $4,396 $12,394 $10,681 $3,974 $9,592 $24,916 $99 $71,808 The following table presents the amortized cost basis of commercial loans and leases by vintage date and internal risk rating as of December 31, 2023: Term Loans and Leases by Origination Year Revolving Loans (dollars in millions) 2023 2022 2021 2020 2019 Prior to 2019 Within the Revolving Period Converted to Term Total Commercial and industrial Pass $3,694 $6,512 $5,331 $1,445 $1,147 $2,299 $21,033 $53 $41,514 Special Mention 59 221 355 30 50 113 368 — 1,196 Substandard Accrual 8 189 337 218 125 287 792 11 1,967 Nonaccrual 1 72 54 4 5 102 53 6 297 Total commercial and industrial 3,762 6,994 6,077 1,697 1,327 2,801 22,246 70 44,974 Commercial real estate Pass 1,906 5,791 6,062 2,555 2,294 3,895 1,975 8 24,486 Special Mention — 713 539 222 183 260 75 — 1,992 Substandard Accrual — 277 203 469 528 939 100 — 2,516 Nonaccrual 1 66 2 23 144 238 3 — 477 Total commercial real estate 1,907 6,847 6,806 3,269 3,149 5,332 2,153 8 29,471 Total commercial Pass 5,600 12,303 11,393 4,000 3,441 6,194 23,008 61 66,000 Special Mention 59 934 894 252 233 373 443 — 3,188 Substandard Accrual 8 466 540 687 653 1,226 892 11 4,483 Nonaccrual 2 138 56 27 149 340 56 6 774 Total commercial $5,669 $13,841 $12,883 $4,966 $4,476 $8,133 $24,399 $78 $74,445 The following table presents the amortized cost basis of retail loans by vintage date and current FICO score as of September 30, 2024: Term Loans by Origination Year Revolving Loans (dollars in millions) 2024 2023 2022 2021 2020 Prior to 2020 Within the Revolving Period Converted to Term Total Residential mortgages 800+ $884 $1,295 $3,276 $5,165 $2,962 $3,952 $— $— $17,534 740-799 1,268 930 1,659 2,279 1,359 2,009 — — 9,504 680-739 304 292 579 702 430 988 — — 3,295 620-679 26 57 122 151 84 506 — — 946 <620 6 35 73 147 95 726 — — 1,082 No FICO available (1) — — — 1 1 16 — — 18 Total residential mortgages 2,488 2,609 5,709 8,445 4,931 8,197 — — 32,379 Home equity 800+ 1 — 3 4 1 80 5,414 204 5,707 740-799 — — 2 2 1 70 5,102 227 5,404 680-739 — — 1 — 2 78 2,895 185 3,161 620-679 — 1 4 1 2 66 734 139 947 <620 — 2 5 3 1 65 433 264 773 No FICO available (1) — — — — — — — — — Total home equity 1 3 15 10 7 359 14,578 1,019 15,992 Automobile 800+ — 72 420 762 226 84 — — 1,564 740-799 — 101 488 685 220 88 — — 1,582 680-739 — 102 397 458 144 65 — — 1,166 620-679 — 60 214 229 67 40 — — 610 <620 — 47 210 237 73 51 — — 618 No FICO available (1) — — — — — — — — — Total automobile — 382 1,729 2,371 730 328 — — 5,540 Education 800+ 184 377 665 1,560 1,291 1,544 — — 5,621 740-799 223 379 598 850 691 859 — — 3,600 680-739 84 159 243 276 222 358 — — 1,342 620-679 19 48 58 60 54 120 — — 359 <620 3 12 21 28 24 65 — — 153 No FICO available (1) 12 — — — — 31 — — 43 Total education 525 975 1,585 2,774 2,282 2,977 — — 11,118 Other retail 800+ 150 104 41 19 16 14 491 — 835 740-799 228 141 50 22 20 14 907 1 1,383 680-739 181 120 43 20 15 11 877 1 1,268 620-679 83 65 29 12 9 4 354 1 557 <620 19 35 35 16 9 4 236 1 355 No FICO available (1) 13 — — — — — 384 — 397 Total other retail 674 465 198 89 69 47 3,249 4 4,795 Total retail 800+ 1,219 1,848 4,405 7,510 4,496 5,674 5,905 204 31,261 740-799 1,719 1,551 2,797 3,838 2,291 3,040 6,009 228 21,473 680-739 569 673 1,263 1,456 813 1,500 3,772 186 10,232 620-679 128 231 427 453 216 736 1,088 140 3,419 <620 28 131 344 431 202 911 669 265 2,981 No FICO available (1) 25 — — 1 1 47 384 — 458 Total retail $3,688 $4,434 $9,236 $13,689 $8,019 $11,908 $17,827 $1,023 $69,824 (1) Represents loans for which an updated FICO score was unavailable (e.g., due to recent profile changes). The following table presents the amortized cost basis of retail loans by vintage date and current FICO score as of December 31, 2023: Term Loans by Origination Year Revolving Loans (dollars in millions) 2023 2022 2021 2020 2019 Prior to 2019 Within the Revolving Period Converted to Term Total Residential mortgages 800+ $889 $3,067 $5,172 $3,117 $1,131 $3,125 $— $— $16,501 740-799 1,333 1,940 2,560 1,411 592 1,625 — — 9,461 680-739 367 631 758 466 266 873 — — 3,361 620-679 54 135 165 90 121 445 — — 1,010 <620 9 48 104 95 161 561 — — 978 No FICO available (1) 1 — 2 1 3 14 — — 21 Total residential mortgages 2,653 5,821 8,761 5,180 2,274 6,643 — — 31,332 Home equity 800+ — 4 4 1 4 91 5,078 222 5,404 740-799 — 1 2 1 3 82 4,708 241 5,038 680-739 1 1 1 2 5 93 2,693 202 2,998 620-679 — 1 1 2 8 77 718 137 944 <620 — 2 1 1 10 80 332 230 656 No FICO available (1) — — — — — — — — — Total home equity 1 9 9 7 30 423 13,529 1,032 15,040 Automobile 800+ 81 539 1,062 368 162 47 — — 2,259 740-799 134 671 1,038 375 165 52 — — 2,435 680-739 147 577 708 252 118 39 — — 1,841 620-679 94 316 345 112 65 26 — — 958 <620 44 232 291 100 66 32 — — 765 No FICO available (1) — — — — — — — — — Total automobile 500 2,335 3,444 1,207 576 196 — — 8,258 Education 800+ 296 671 1,637 1,418 600 1,185 — — 5,807 740-799 368 694 1,050 850 369 678 — — 4,009 680-739 143 289 333 273 134 298 — — 1,470 620-679 30 65 68 58 32 107 — — 360 <620 5 18 25 23 15 55 — — 141 No FICO available (1) 10 — 1 — — 36 — — 47 Total education 852 1,737 3,114 2,622 1,150 2,359 — — 11,834 Other retail 800+ 183 70 38 35 16 18 500 — 860 740-799 258 87 46 45 21 19 963 1 1,440 680-739 214 76 39 39 18 11 973 2 1,372 620-679 118 48 23 19 6 4 419 2 639 <620 31 35 18 14 4 2 251 2 357 No FICO available (1) 7 1 — 1 — — 373 — 382 Total other retail 811 317 164 153 65 54 3,479 7 5,050 Total retail 800+ 1,449 4,351 7,913 4,939 1,913 4,466 5,578 222 30,831 740-799 2,093 3,393 4,696 2,682 1,150 2,456 5,671 242 22,383 680-739 872 1,574 1,839 1,032 541 1,314 3,666 204 11,042 620-679 296 565 602 281 232 659 1,137 139 3,911 <620 89 335 439 233 256 730 583 232 2,897 No FICO available (1) 18 1 3 2 3 50 373 — 450 Total retail $4,817 $10,219 $15,492 $9,169 $4,095 $9,675 $17,008 $1,039 $71,514 (1) Represents loans for which an updated FICO score was unavailable (e.g., due to recent profile changes).
Schedule of nonaccrual loans and leases and loans accruing and 90 days or more past due	The following tables present an aging analysis of accruing and nonaccrual loans and leases as of September 30, 2024 and December 31, 2023: September 30, 2024 Days Past Due and Accruing (dollars in millions) Current 30-59 60-89 90+ Nonaccrual Total Nonaccrual with no related ACL Commercial and industrial $43,542 $54 $5 $5 $219 $43,825 $48 Commercial real estate 26,961 72 83 15 852 27,983 64 Total commercial 70,503 126 88 20 1,071 71,808 112 Residential mortgages 31,923 93 48 146 169 32,379 129 Home equity 15,591 93 27 — 281 15,992 186 Automobile 5,347 109 38 — 46 5,540 5 Education 10,989 43 25 2 59 11,118 2 Other retail 4,658 44 31 1 61 4,795 1 Total retail 68,508 382 169 149 616 69,824 323 Total $139,011 $508 $257 $169 $1,687 $141,632 $435 Guaranteed residential mortgages (1) $830 $54 $29 $145 $— $1,058 $— December 31, 2023 Days Past Due and Accruing (dollars in millions) Current 30-59 60-89 90+ Nonaccrual Total Nonaccrual with no related ACL Commercial and industrial $44,591 $62 $18 $6 $297 $44,974 $30 Commercial real estate 28,745 150 59 40 477 29,471 71 Total commercial 73,336 212 77 46 774 74,445 101 Residential mortgages 30,499 282 118 256 177 31,332 144 Home equity 14,640 82 33 — 285 15,040 198 Automobile 8,005 144 48 — 61 8,258 7 Education 11,732 49 23 2 28 11,834 3 Other retail 4,899 49 34 29 39 5,050 — Total retail 69,775 606 256 287 590 71,514 352 Total $143,111 $818 $333 $333 $1,364 $145,959 $453 Guaranteed residential mortgages (1) $675 $128 $76 $243 $— $1,122 $— (1)
Troubled debt restructurings on financing receivables	The following tables present the period-end amortized cost of loans to borrowers experiencing financial difficulty that were modified during the three and nine months ended September 30, 2024 and 2023, disaggregated by class of financing receivable and modification type. The modification type reflects the cumulative effect of all FDMs received during the indicated period. Three Months Ended September 30, 2024 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Principal Forgiveness Interest Rate Reduction and Term Extension Term Extension and Payment Delay Total Total as a % of Loan Class (1) Commercial and industrial $— $75 $25 $— $1 $3 $104 0.24 % Commercial real estate — 156 23 — 67 94 340 1.22 Total commercial — 231 48 — 68 97 444 0.62 Residential mortgages 1 15 1 — 4 1 22 0.07 Home equity 2 1 — — 4 — 7 0.04 Automobile — — — — — — — — Education 3 1 16 — — — 20 0.18 Other retail 5 — — — — — 5 0.10 Total retail 11 17 17 — 8 1 54 0.08 Total $11 $248 $65 $— $76 $98 $498 0.35 % Three Months Ended September 30, 2023 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Principal Forgiveness Interest Rate Reduction and Term Extension Term Extension and Payment Delay Total Total as a % of Loan Class (1) Commercial and industrial $— $148 $47 $— $— $1 $196 0.42 % Commercial real estate — 131 — — 37 1 169 0.57 Total commercial — 279 47 — 37 2 365 0.47 Residential mortgages 2 25 — — 6 — 33 0.11 Home equity 1 1 — — 1 — 3 0.02 Automobile — — — — — — — — Education 3 — 1 — — — 4 0.03 Other retail 3 — — — — — 3 0.06 Total retail 9 26 1 — 7 — 43 0.06 Total $9 $305 $48 $— $44 $2 $408 0.27 % Nine Months Ended September 30, 2024 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Principal Forgiveness Interest Rate Reduction and Term Extension Term Extension and Payment Delay Interest Rate Reduction, Term Extension and Payment Delay Total Total as a % of Loan Class (1) Commercial and industrial $— $179 $86 $— $1 $23 $— $289 0.66 % Commercial real estate — 505 100 — 130 144 — 879 3.14 Total commercial — 684 186 — 131 167 — 1,168 1.63 Residential mortgages 4 63 9 — 8 1 1 86 0.27 Home equity 3 2 — — 9 — — 14 0.09 Automobile — — — — — — — — — Education 9 2 39 — — — — 50 0.45 Other retail 13 — — — — — — 13 0.27 Total retail 29 67 48 — 17 1 1 163 0.23 Total $29 $751 $234 $— $148 $168 $1 $1,331 0.94 % Nine Months Ended September 30, 2023 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Principal Forgiveness Interest Rate Reduction and Term Extension Term Extension and Payment Delay Total Total as a % of Loan Class (1) Commercial and industrial $— $263 $78 $— $1 $2 $344 0.74 % Commercial real estate — 454 — — 37 1 492 1.67 Total commercial — 717 78 — 38 3 836 1.08 Residential mortgages 6 59 — — 16 — 81 0.26 Home equity 1 4 — — 5 — 10 0.07 Automobile — — — — — — — — Education 7 — 2 — — — 9 0.07 Other retail 8 — — — — — 8 0.16 Total retail 22 63 2 — 21 — 108 0.15 Total $22 $780 $80 $— $59 $3 $944 0.63 % (1) Represents the total amortized cost as of period-end divided by the period-end amortized cost of the corresponding loan class. Accrued interest receivable is excluded from amortized cost and is immaterial. The following tables present the financial effect of loans to borrowers experiencing financial difficulty that were modified during the three and nine months ended September 30, 2024 and 2023, disaggregated by class of financing receivable. Three Months Ended September 30, 2024 (dollars in millions) Weighted-Average Interest Rate Reduction (1) Weighted-Average Term Extension (in Months) (1) Weighted-Average Payment Deferral (1) Amount of Principal Forgiven (2) Commercial and industrial 3.62 % 14 $11 $— Commercial real estate 4.31 9 1 — Residential mortgages 1.52 94 — — Home equity 4.32 51 — — Automobile — — — — Education 4.44 24 — — Other retail 20.79 — — 1 Three Months Ended September 30, 2023 (dollars in millions) Weighted-Average Interest Rate Reduction (1) Weighted-Average Term Extension (in Months) (1) Weighted-Average Payment Deferral (1) Amount of Principal Forgiven (2) Commercial and industrial 2.32 % 17 $— $— Commercial real estate 1.25 7 — — Residential mortgages 0.98 47 — — Home equity 2.51 133 — — Automobile — — — — Education 4.95 — — — Other retail 18.86 — — 1 Nine Months Ended September 30, 2024 (dollars in millions) Weighted-Average Interest Rate Reduction (1) Weighted-Average Term Extension (in Months) (1) Weighted-Average Payment Deferral (1) Amount of Principal Forgiven (2) Commercial and industrial 3.72 % 15 $3 $— Commercial real estate 2.83 17 1 — Residential mortgages 1.59 92 — — Home equity 4.03 75 — — Automobile — — — — Education 4.42 24 — — Other retail 20.23 — — 5 Nine Months Ended September 30, 2023 (dollars in millions) Weighted-Average Interest Rate Reduction (1) Weighted-Average Term Extension (in Months) (1) Weighted-Average Payment Deferral (1) Amount of Principal Forgiven (2) Commercial and industrial 2.95 % 14 $1 $— Commercial real estate 1.25 8 — — Residential mortgages 1.55 48 — — Home equity 2.24 127 — — Automobile 3.47 20 — — Education 4.97 — — — Other retail 18.45 — — 4 (1) Weighted based on period-end amortized cost. (2) Amounts are recorded as charge-offs. The following tables present an aging analysis of the period-end amortized cost of loans to borrowers experiencing financial difficulty that were modified during the twelve month period ending September 30, 2024 and the nine month period ending September 30, 2023, disaggregated by class of financing receivable. A loan in a forbearance or repayment plan is reported as past due according to its contractual terms until contractually modified. Subsequent to modification, it is reported as past due based on its restructured terms. September 30, 2024 Days Past Due and Accruing (dollars in millions) Current 30-59 60-89 90+ Nonaccrual Total Commercial and industrial $211 $35 $1 $— $54 $301 Commercial real estate 590 30 63 — 287 970 Total commercial 801 65 64 — 341 1,271 Residential mortgages 73 6 4 16 12 111 Home equity 11 — — — 8 19 Automobile — — — — — — Education 34 1 — — 35 70 Other retail 12 1 1 — 1 15 Total retail 130 8 5 16 56 215 Total $931 $73 $69 $16 $397 $1,486 September 30, 2023 Days Past Due and Accruing (dollars in millions) Current 30-59 60-89 90+ Nonaccrual Total Commercial and industrial $262 $— $— $— $82 $344 Commercial real estate 262 55 — — 175 492 Total commercial 524 55 — — 257 836 Residential mortgages 52 — 5 13 11 81 Home equity 3 — — — 7 10 Automobile — — — — — — Education 8 — — — 1 9 Other retail 6 1 — — 1 8 Total retail 69 1 5 13 20 108 Total $593 $56 $5 $13 $277 $944
Financing receivable, modified, subsequent default	The following tables present the period-end amortized cost of loans to borrowers experiencing financial difficulty that defaulted during the period presented and were modified within the previous 12 months preceding the default, disaggregated by class of financing receivable and modification type. The modification type reflects the cumulative effect of all FDMs at the time of default. A loan is considered to be in default if, subsequent to modification, it becomes 90 or more days past due or is placed on nonaccrual status. Three Months Ended September 30, 2024 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Term Extension and Payment Delay Total Commercial and industrial $1 $3 $— $15 $19 Commercial real estate — 75 21 — 96 Total commercial 1 78 21 15 115 Residential mortgages — 11 — — 11 Home equity — — — — — Automobile — — — — — Education 1 — — — 1 Other retail 1 — — — 1 Total retail 2 11 — — 13 Total $3 $89 $21 $15 $128 Three Months Ended September 30, 2023 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Interest Rate Reduction and Term Extension Total Commercial and industrial $— $— $— $— $— Commercial real estate — 41 — — 41 Total commercial — 41 — — 41 Residential mortgages 1 6 — 5 12 Home equity — 1 — 2 3 Automobile — — — — — Education — — 1 — 1 Other retail — — — — — Total retail 1 7 1 7 16 Total $1 $48 $1 $7 $57 Nine Months Ended September 30, 2024 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Interest Rate Reduction and Term Extension Term Extension and Payment Delay Total Commercial and industrial $1 $3 $— $— $15 $19 Commercial real estate — 141 21 — — 162 Total commercial 1 144 21 — 15 181 Residential mortgages — 22 1 1 1 25 Home equity — — — 1 — 1 Automobile — — — — — — Education 4 — 12 — — 16 Other retail 1 — — — — 1 Total retail 5 22 13 2 1 43 Total $6 $166 $34 $2 $16 $224 Nine Months Ended September 30, 2023 (dollars in millions) Interest Rate Reduction Term Extension Payment Delay Interest Rate Reduction and Term Extension Total Commercial and industrial $— $3 $— $— $3 Commercial real estate — 67 — — 67 Total commercial — 70 — — 70 Residential mortgages 1 6 — 5 12 Home equity — 1 — 2 3 Automobile — — — — — Education — — 1 — 1 Other retail — — — — — Total retail 1 7 1 7 16 Total $1 $77 $1 $7 $86

MORTGAGE BANKING AND OTHER SE_2

MORTGAGE BANKING AND OTHER SERVICED LOANS (Tables)	9 Months Ended
	Sep. 30, 2024
Mortgage Banking [Abstract]
Schedule of mortgage banking activities	The following table summarizes activity related to residential mortgage loans sold with servicing rights retained: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Cash proceeds from residential mortgage loans sold with servicing retained $2,137 $3,270 $5,432 $7,358 Gain on sales (1) 17 19 47 60 Contractually specified servicing, late and other ancillary fees (1) 79 76 235 230 (1) Reported in mortgage banking fees in the Consolidated Statements of Operations.
Servicing asset at fair value	The following table summarizes changes in MSRs recorded using the fair value method: As of and for the Three Months Ended September 30, As of and for the Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Fair value as of beginning of the period $1,568 $1,524 $1,552 $1,530 Amounts capitalized 28 47 71 104 Changes in unpaid principal balance during the period (1) (46) (42) (135) (124) Changes in fair value during the period (2) (49) 91 13 110 Fair value at end of the period $1,501 $1,620 $1,501 $1,620 (1) Represents changes in value of the MSRs due to i) passage of time including the impact from both regularly scheduled loan principal payments and partial paydowns, and ii) loans that paid off during the period. (2) Represents changes in value primarily driven by market conditions. These changes are recorded in mortgage banking fees in the Consolidated Statements of Operations.
Schedule of fair value assumptions used to estimate the value of Mortgage Servicing Rights	The sensitivity analysis below presents the impact of an immediate 10% and 20% adverse change in key economic assumptions to the current fair value of MSRs. These sensitivities are hypothetical, with the effect of a variation in a particular assumption on the fair value of the MSRs calculated independently without changing any other assumption. Changes in one factor may result in changes in another (e.g., changes in interest rates, which drive changes in prepayment rates, could result in changes in discount rates), which may amplify or counteract the sensitivities. The primary risk inherent in the Company’s MSRs is an increase in prepayments of the underlying mortgage loans serviced, which is largely dependent upon movements in market interest rates. (dollars in millions) September 30, 2024 December 31, 2023 Fair value $1,501 $1,552 Weighted average life (years) 8.3 8.8 Weighted average constant prepayment rate 8.3% 7.2% Decline in fair value from 10% adverse change $40 $37 Decline in fair value from 20% adverse change $76 $71 Weighted average option adjusted spread 634 bps 630 bps Decline in fair value from 10% adverse change $42 $43 Decline in fair value from 20% adverse change $85 $87
Schedule of other serviced loans	The following table presents the unpaid principal balance of other serviced loans: (dollars in millions) September 30, 2024 December 31, 2023 Education $437 $502 Commercial and industrial (1) 95 94 (1)

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Schedule of variable interest entities	The following table summarizes the carrying amount of assets and liabilities for the Company’s consolidated VIEs: (dollars in millions) September 30, 2024 December 31, 2023 Assets: Cash and due from banks $— $13 Interest-bearing deposits in banks 209 106 Net loans and leases 4,432 3,194 Other assets 26 14 Total assets $4,667 $3,327 Liabilities: Long-term borrowed funds $3,801 $2,692 Other liabilities 10 8 Total liabilities $3,811 $2,700 A summary of these investments is presented below: (dollars in millions) September 30, 2024 December 31, 2023 Lending to special purpose entities included in loans and leases $3,988 $4,760 LIHTC investments included in other assets 2,483 2,444 LIHTC unfunded commitments included in other liabilities 975 1,025 Asset-backed investments included in HTM securities 430 488 Renewable energy investments included in other assets 268 314 NMTC investments included in other assets 2 3
Schedule of proportionally amortized tax credit investments	The following table summarizes the impact to the Consolidated Statements of Operations relative to the Company’s tax credit programs for which it has elected to apply the proportional amortization method of accounting: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Tax credits recognized $99 $76 $290 $250 Other tax benefits recognized 21 17 68 55 Amortization (88) (71) (276) (237) Net benefit (expense) included in income tax expense 32 22 82 68 Other income 1 1 4 4 Allocated income (loss) on investments (3) (1) (9) (7) Net benefit (expense) included in noninterest income (2) — (5) (3) Net benefit (expense) included in the Consolidated Statements of Operations (1) $30 $22 $77 $65 (1) Includes the impact of tax credit investments when the election to apply the proportional amortization method was in effect during the periods presented. For 2024 and 2023, this includes LIHTC, renewable energy and NMTC investments.

BORROWED FUNDS (Tables)

BORROWED FUNDS (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of long-term borrowed funds	The following table presents a summary of the Company’s long-term borrowed funds: (dollars in millions) September 30, 2024 December 31, 2023 Parent Company: 3.750% fixed-rate subordinated debt, due July 2024 $— $90 4.023% fixed-rate subordinated debt, due October 2024 17 17 4.350% fixed-rate subordinated debt, due August 2025 133 133 4.300% fixed-rate subordinated debt, due December 2025 336 336 2.850% fixed-rate senior unsecured notes, due July 2026 499 499 5.841% fixed/floating-rate senior unsecured notes, due January 2030 1,245 — 2.500% fixed-rate senior unsecured notes, due February 2030 299 298 3.250% fixed-rate senior unsecured notes, due April 2030 747 746 3.750% fixed-rate reset subordinated debt, due February 2031 69 69 4.300% fixed-rate reset subordinated debt, due February 2031 135 135 4.350% fixed-rate reset subordinated debt, due February 2031 60 60 5.718% fixed/floating-rate senior unsecured notes, due July 2032 1,243 — 2.638% fixed-rate subordinated debt, due September 2032 568 563 6.645% fixed/floating-rate senior unsecured notes, due April 2035 745 — 5.641% fixed-rate reset subordinated debt, due May 2037 398 398 CBNA’s Global Note Program: 2.250% senior unsecured notes, due April 2025 749 749 4.119% fixed/floating-rate senior unsecured notes, due May 2025 (1) — 649 6.064% fixed/floating-rate senior unsecured notes, due October 2025 600 599 5.284% fixed/floating-rate senior unsecured notes, due January 2026 350 349 3.750% senior unsecured notes, due February 2026 491 483 4.575% fixed/floating-rate senior unsecured notes, due August 2028 798 798 Additional Borrowings by CBNA and Other Subsidiaries: Federal Home Loan Bank advances, 4.864% weighted average rate, due through 2043 (2) 553 3,786 Secured borrowings, 5.785% weighted average rate, due through 2030 (2)(3) 3,887 2,692 Other 22 18 Total long-term borrowed funds $13,944 $13,467 (1) Notes were redeemed on May 23, 2024. (2) Rate disclosed reflects the weighted average rate as of September 30, 2024. (3) Collateralized by loans. See Note 6 for additional information.
Schedule of maturities of long-term borrowed funds	The following table presents a summary of maturities for the Company’s long-term borrowed funds at September 30, 2024: (dollars in millions) Parent Company CBNA and Other Subsidiaries Consolidated Year 2024 $17 $— $17 2025 469 1,476 1,945 2026 499 2,831 3,330 2027 — 8 8 2028 — 2,696 2,696 2029 and thereafter 5,509 439 5,948 Total $6,494 $7,450 $13,944

DERIVATIVES (Tables)

DERIVATIVES (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of derivative instruments in consolidated balance sheets	The following table presents derivative instruments included in the Consolidated Balance Sheets: September 30, 2024 December 31, 2023 (dollars in millions) Notional Amount Derivative Assets Derivative Liabilities Notional Amount Derivative Assets Derivative Liabilities Derivatives designated as hedging instruments: Interest rate contracts $58,145 $327 $50 $86,895 $173 $44 Derivatives not designated as hedging instruments: Interest rate contracts 183,770 338 690 185,993 291 1,105 Foreign exchange contracts 31,579 371 306 32,528 434 378 Commodities contracts 1,136 536 476 1,251 685 640 TBA contracts 3,357 3 12 2,337 3 16 Other contracts 853 6 9 549 7 — Total derivatives not designated as hedging instruments 220,695 1,254 1,493 222,658 1,420 2,139 Total gross derivatives 278,840 1,581 1,543 309,553 1,593 2,183 Less: Gross amounts offset in the Consolidated Balance Sheets (1) (405) (405) (471) (471) Less: Cash collateral applied (1) (590) (126) (682) (150) Total net derivatives presented in the Consolidated Balance Sheets $586 $1,012 $440 $1,562 (1) Amounts represent the impact of enforceable master netting agreements that allow the Company to net settle positive and negative positions, as well as collateral paid and received.
Schedule of fair value hedges	The following table presents the effect of fair value hedges on the Consolidated Statements of Operations and the respective line items affected for each hedged item: Location and Amount of Gains (Losses) Recognized Interest Income Interest Expense (dollars in millions) Investment Securities Long-Term Borrowed Funds Three Months Ended September 30, 2024 Gains (losses) on fair value hedges recognized on: Hedged items $302 ($8) Derivatives (306) 8 Amounts related to interest settlements on derivatives 34 (4) Total net interest income recognized on fair value hedges $30 ($4) Three Months Ended September 30, 2023 Gains (losses) on fair value hedges recognized on: Hedged items ($16) $1 Derivatives 16 (1) Amounts related to interest settlements on derivatives 3 (4) Total net interest income recognized on fair value hedges $3 ($4) Nine Months Ended September 30, 2024 Gains (losses) on fair value hedges recognized on: Hedged items $128 ($8) Derivatives (127) 8 Amounts related to interest settlements on derivatives 87 (11) Total net interest income recognized on fair value hedges $88 ($11) Nine Months Ended September 30, 2023 Gains (losses) on fair value hedges recognized on: Hedged items ($28) $— Derivatives 28 — Amounts related to interest settlements on derivatives 4 (12) Total net interest income recognized on fair value hedges $4 ($12) The following table reflects amounts recorded in the Consolidated Balance Sheets related to cumulative basis adjustments for fair value hedges: (dollars in millions) September 30, 2024 December 31, 2023 Debt securities available for sale (1) Long-term borrowed funds Debt securities available for sale (1) Long-term borrowed funds Carrying amount of hedged assets $10,510 $— $7,253 $— Carrying amount of hedged liabilities — 491 — 483 Cumulative amount of fair value hedging adjustments included in the carrying amount of the hedged items 176 (8) 60 (17) (1) Includes the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio which is expected to be remaining at the end of the hedging relationship. As of September 30, 2024 and December 31, 2023, the amortized cost basis of the closed portfolios used in these hedging relationships was $6.7 billion and $5.9 billion, respectively, including associated cumulative basis adjustments of $95 million and $39 million, respectively. The amount of the designated hedging instruments was $4.8 billion and $4.0 billion at September 30, 2024 and December 31, 2023, respectively.
Schedule of effect of cash flow hedges on net income and stockholders' equity	The following table presents the pre-tax net gains (losses) recorded in the Consolidated Statements of Operations and in the Consolidated Statements of Comprehensive Income related to derivative instruments designated as cash flow hedges: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Pre-tax net gains (losses) recognized in OCI $613 ($326) ($114) ($773) Pre-tax net gains (losses) reclassified from AOCI into interest income (276) (156) (711) (420) Pre-tax net gains (losses) reclassified from AOCI into interest expense — (1) — —
Schedule of effect of derivative Instruments on net income	The following table presents the effect of economic hedges on noninterest income: Amounts Recognized in Three Months Ended September 30, Nine Months Ended September 30, Affected Line Item in the Consolidated Statements of Operations (dollars in millions) 2024 2023 2024 2023 Economic hedge type: Customer interest rate contracts $474 ($448) ($209) ($1,028) Foreign exchange and derivative products Derivatives hedging interest rate risk (467) 460 233 1,068 Foreign exchange and derivative products Customer foreign exchange contracts 151 (77) 18 (72) Foreign exchange and derivative products Derivatives hedging foreign exchange risk (195) 141 (13) 121 Foreign exchange and derivative products Customer commodity contracts (193) 168 (126) (401) Foreign exchange and derivative products Derivatives hedging commodity price risk 198 (158) 141 430 Foreign exchange and derivative products Residential loan commitments 9 (21) 2 (39) Mortgage banking fees Derivatives hedging residential loan commitments and mortgage loans held for sale, at fair value (24) 30 (15) 45 Mortgage banking fees Derivative contracts used to hedge residential MSRs 47 (76) (9) (91) Mortgage banking fees Total $— $19 $22 $33

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of other comprehensive income	The following tables present the changes in the balances, net of income taxes, of each component of AOCI: As of and for the Three Months Ended September 30, (dollars in millions) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Investment Securities Defined Benefit Plans Total AOCI Balance at July 1, 2023 ($1,553) ($2,643) ($367) ($4,563) Other comprehensive income (loss) before reclassifications (248) (578) — (826) Amounts reclassified to the Consolidated Statements of Operations 120 23 3 146 Net other comprehensive income (loss) (128) (555) 3 (680) Balance at September 30, 2023 ($1,681) ($3,198) ($364) ($5,243) Balance at July 1, 2024 ($1,302) ($2,511) ($322) ($4,135) Other comprehensive income (loss) before reclassifications 450 541 — 991 Amounts reclassified to the Consolidated Statements of Operations 203 13 2 218 Net other comprehensive income (loss) 653 554 2 1,209 Balance at September 30, 2024 ($649) ($1,957) ($320) ($2,926) Primary location in the Consolidated Statements of Operations of amounts reclassified from AOCI Net interest income Securities gains, net and Net interest income Other operating expense As of and for the Nine Months Ended September 30, (dollars in millions) Net Unrealized Gains (Losses) on Cash Flow Hedges Net Unrealized Gains (Losses) on Investment Securities Defined Benefit Plans Total AOCI Balance at January 1, 2023 ($1,416) ($2,771) ($373) ($4,560) Other comprehensive income (loss) before reclassifications (580) (490) — (1,070) Amounts reclassified to the Consolidated Statements of Operations 315 63 9 387 Net other comprehensive income (loss) (265) (427) 9 (683) Balance at September 30, 2023 ($1,681) ($3,198) ($364) ($5,243) Balance at January 1, 2024 ($1,087) ($2,338) ($333) ($3,758) Other comprehensive income (loss) before reclassifications (84) 339 4 259 Amounts reclassified to the Consolidated Statements of Operations 522 42 9 573 Net other comprehensive income (loss) 438 381 13 832 Balance at September 30, 2024 ($649) ($1,957) ($320) ($2,926) Primary location in the Consolidated Statements of Operations of amounts reclassified from AOCI Net interest income Securities gains, net and Net interest income Other operating expense

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of preferred stock	The following table summarizes the Company’s preferred stock: September 30, 2024 December 31, 2023 (dollars in millions, except per share data) Liquidation value per share Preferred Shares Carrying Amount Preferred Shares Carrying Amount Authorized ($25 par value per share) 100,000,000 100,000,000 Issued and outstanding: Series B $1,000 300,000 $296 300,000 $296 Series C 1,000 300,000 297 300,000 297 Series D 1,000 (1) — — 300,000 (2) 293 Series E 1,000 (1) 450,000 (3) 437 450,000 437 Series F 1,000 400,000 395 400,000 395 Series G 1,000 300,000 296 300,000 296 Series H 1,000 (1) 400,000 (4) 391 — — Total 2,150,000 $2,112 2,050,000 $2,014 (1) Equivalent to $25 per depositary share. (2) Represented by 12,000,000 depositary shares each representing a 1/40th interest in the Series D Preferred Stock. (3) Represented by 18,000,000 depositary shares each representing a 1/40th interest in the Series E Preferred Stock. (4) Represented by 16,000,000 depositary shares each representing a 1/40th interest in the Series H Preferred Stock.
Schedule of dividends	The following tables summarize the Company’s dividend activity for the three and nine months ended September 30, 2024 and 2023. Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 (dollars in millions, except per share data) Dividends Declared per Share Dividends Declared Dividends Paid Dividends Declared per Share Dividends Declared Dividends Paid Common stock $0.42 $190 $190 $0.42 $199 $199 Preferred stock Series B $21.68 $6 $7 $21.81 $7 $9 Series C 22.07 6 6 15.93 4 4 Series D — — 7 15.88 4 4 Series E 12.50 6 6 12.50 6 6 Series F 14.13 6 6 14.13 6 6 Series G 10.00 3 3 10.00 3 3 Series H 27.25 11 — — — — Total preferred stock $38 $35 $30 $32 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 (dollars in millions, except per share data) Dividends Declared per Share Dividends Declared Dividends Paid Dividends Declared per Share Dividends Declared Dividends Paid Common stock $1.26 $581 $581 $1.26 $609 $609 Preferred stock Series B $65.06 $19 $20 $51.81 $16 $18 Series C 60.54 18 16 47.81 14 14 Series D 39.66 12 17 47.63 14 14 Series E 37.50 17 17 37.50 17 17 Series F 42.38 17 17 42.38 17 17 Series G 30.00 9 9 30.00 9 9 Series H 27.25 11 — — — — Total preferred stock $103 $96 $87 $89

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of outstanding off balance sheet arrangements	A summary of outstanding off-balance sheet arrangements is presented below. For more information on these arrangements, see Note 19 in the Company’s 2023 Form 10-K. (dollars in millions) September 30, 2024 December 31, 2023 Commitments to extend credit $91,728 $94,201 Letters of credit 1,796 1,977 Loans sold with recourse 96 96 Marketing rights 15 18 Risk participation agreements 11 3 Total $93,646 $96,295

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair value option	The following table presents the difference between the aggregate fair value and the aggregate unpaid principal balance of LHFS measured at fair value: September 30, 2024 December 31, 2023 (dollars in millions) Aggregate Fair Value Aggregate Unpaid Principal Aggregate Fair Value Greater (Less) Than Aggregate Unpaid Principal Aggregate Fair Value Aggregate Unpaid Principal Aggregate Fair Value Greater (Less) Than Aggregate Unpaid Principal Residential mortgage loans held for sale, at fair value $573 $558 $15 $614 $593 $21 Commercial and industrial, and commercial real estate loans held for sale, at fair value 41 47 (6) 62 69 (7)
Assets and liabilities measured on recurring basis	The following table presents assets and liabilities measured at fair value, including gross derivative assets and liabilities, on a recurring basis at September 30, 2024: (dollars in millions) Total Level 1 Level 2 Level 3 Debt securities available for sale: Mortgage-backed securities $27,911 $— $27,911 $— Collateralized loan obligations 234 — 234 — State and political subdivisions 1 — 1 — U.S. Treasury and other 4,689 4,689 — — Total debt securities available for sale 32,835 4,689 28,146 — Loans held for sale, at fair value: Residential loans held for sale 573 — 573 — Commercial loans held for sale 41 — 41 — Total loans held for sale, at fair value 614 — 614 — Mortgage servicing rights 1,501 — — 1,501 Derivative assets: Interest rate contracts 665 — 665 — Foreign exchange contracts 371 — 371 — Commodities contracts 536 — 536 — TBA contracts 3 — 3 — Other contracts 6 — — 6 Total derivative assets 1,581 — 1,575 6 Equity securities, at fair value (1) 145 145 — — Short-term investments 69 40 29 — Total assets $36,745 $4,874 $30,364 $1,507 Derivative liabilities: Interest rate contracts $740 $— $740 $— Foreign exchange contracts 306 — 306 — Commodities contracts 476 — 476 — TBA contracts 12 — 12 — Other contracts 9 — — 9 Total derivative liabilities 1,543 — 1,534 9 Short-term borrowed funds 15 — 15 — Total liabilities $1,558 $— $1,549 $9 (1) Excludes investments of $58 million included in other assets in the Consolidated Balance Sheets that are measured at fair value using the net asset value per share (or its equivalent) practical expedient. These investments include capital contributions to private investment funds and have unfunded capital commitments of $24 million at September 30, 2024, which may be called at any time during prescribed time periods. The credit exposure is generally limited to the carrying amount of investments made and unfunded capital commitments. The following table presents assets and liabilities measured at fair value, including gross derivative assets and liabilities, on a recurring basis at December 31, 2023: (dollars in millions) Total Level 1 Level 2 Level 3 Debt securities available for sale: Mortgage-backed securities $24,732 $— $24,732 $— Collateralized loan obligations 664 — 664 — State and political subdivisions 1 — 1 — U.S. Treasury and other 4,380 4,380 — — Total debt securities available for sale 29,777 4,380 25,397 — Loans held for sale, at fair value: Residential loans held for sale 614 — 614 — Commercial loans held for sale 62 — 62 — Total loans held for sale, at fair value 676 — 676 — Mortgage servicing rights 1,552 — — 1,552 Derivative assets: Interest rate contracts 464 — 464 — Foreign exchange contracts 434 — 434 — Commodities contracts 685 — 685 — TBA contracts 3 — 3 — Other contracts 7 — — 7 Total derivative assets 1,593 — 1,586 7 Equity securities, at fair value (1) 115 115 — — Total assets $33,713 $4,495 $27,659 $1,559 Derivative liabilities: Interest rate contracts $1,149 $— $1,149 $— Foreign exchange contracts 378 — 378 — Commodities contracts 640 — 640 — TBA contracts 16 — 16 — Other contracts — — — — Total derivative liabilities 2,183 — 2,183 — Total liabilities $2,183 $— $2,183 $— (1) Excludes investments of $58 million included in other assets in the Consolidated Balance Sheets that are measured at fair value using the net asset value per share (or its equivalent) practical expedient. These investments include capital contributions to private investment funds and have unfunded capital commitments of $28 million at December 31, 2023, which may be called at any time during prescribed time periods. The credit exposure is generally limited to the carrying amount of investments made and unfunded capital commitments.
Assets measured at fair value on recurring basis and classified as Level 3	The following tables present a roll forward of the balance sheet amounts for assets and liabilities measured at fair value on a recurring basis and classified as Level 3: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 (dollars in millions) Mortgage Servicing Rights Other Derivative Contracts Mortgage Servicing Rights Other Derivative Contracts Beginning balance $1,568 $6 $1,552 $7 Issuances 28 18 71 47 Settlements (1) (46) (27) (135) (50) Changes in fair value during the period recognized in earnings (2) (49) — 13 (7) Ending balance $1,501 ($3) $1,501 ($3) Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (dollars in millions) Mortgage Servicing Rights Other Derivative Contracts Mortgage Servicing Rights Other Derivative Contracts Beginning balance $1,524 $6 $1,530 $1 Issuances 47 17 104 52 Settlements (1) (42) 1 (124) (11) Changes in fair value during the period recognized in earnings (2) 91 (21) 110 (39) Ending balance $1,620 $3 $1,620 $3 (1) For MSRs, represents changes in value of the MSRs due to i) passage of time including the impact from both regularly scheduled loan principal payments and partial paydowns, and ii) loans that paid off during the period. For other derivative contracts, represents the closeout of interest rate lock commitments. (2) Represents changes in value primarily driven by market conditions. These changes are recorded in mortgage banking fees and other income in the Consolidated Statements of Operations.
Fair value measurement inputs and valuation techniques	The following table presents quantitative information about significant unobservable inputs utilized to measure the fair value of Level 3 assets and liabilities. As of September 30, 2024 As of December 31, 2023 Financial Instrument (1) Valuation Technique Unobservable Input Range (Weighted Average) Range (Weighted Average) Mortgage servicing rights Discounted Cash Flow Constant prepayment rate 6.81-18.55% CPR (8.30% CPR) 6.70-14.55% CPR (7.23% CPR) Option adjusted spread 398-1,058 bps (634 bps) 398-1,058 bps (630 bps) Other derivative contracts Internal Model Pull through rate 9.42-99.91% (81.65%) 24.90-99.70% (80.34%) MSR value (17.99)-162.51 bps (105.41 bps) (8.90)-141.24 bps (88.04 bps) (1)
Losses on assets and liabilities measured on a nonrecurring basis included in earnings	The following table presents losses on assets measured at fair value on a nonrecurring basis and recorded in earnings: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Collateral-dependent loans ($36) ($40) ($156) ($108)
Fair value of assets and liabilities measured on a nonrecurring basis	The following table presents assets measured at fair value on a nonrecurring basis: September 30, 2024 December 31, 2023 (dollars in millions) Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Collateral-dependent loans $1,136 $— $1,136 $— $789 $— $789 $—
Assets and liabilities measured at fair value	The following tables present the estimated fair value for financial instruments not recorded at fair value in the Consolidated Financial Statements. The carrying amounts are recorded in the Consolidated Balance Sheets under the indicated captions: September 30, 2024 Total Level 1 Level 2 Level 3 (dollars in millions) Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Financial assets: Debt securities held to maturity $8,738 $8,067 $— $— $8,308 $7,645 $430 $422 Other loans held for sale 49 49 — — — — 49 49 Net loans and leases 139,553 139,662 — — 1,136 1,136 138,417 138,526 Other assets 732 732 — — 710 710 22 22 Financial liabilities: Deposits 175,188 175,061 — — 175,188 175,061 — — Long-term borrowed funds 13,944 13,977 — — 13,944 13,977 — — December 31, 2023 Total Level 1 Level 2 Level 3 (dollars in millions) Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value Financial assets: Debt securities held to maturity $9,184 $8,350 $— $— $8,696 $7,887 $488 $463 Other loans held for sale 103 103 — — — — 103 103 Net loans and leases 143,861 140,504 — — 789 789 143,072 139,715 Other assets 869 869 — — 851 851 18 18 Financial liabilities: Deposits 177,342 177,096 — — 177,342 177,096 — — Short-term borrowed funds 505 505 — — 505 505 — — Long-term borrowed funds 13,467 13,012 — — 13,467 13,012 — —

NONINTEREST INCOME (Tables)

NONINTEREST INCOME (Tables)	9 Months Ended
	Sep. 30, 2024
Other Income and Expenses [Abstract]
Components of revenue from contracts with customers	The following tables present the components of revenue from contracts with customers disaggregated by revenue stream and business operating segment: Three Months Ended September 30, 2024 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Service charges and fees $75 $34 $— $— $109 Card fees 73 12 — 6 91 Capital markets fees — 88 — — 88 Wealth fees (1) 76 — — — 76 Other banking fees 1 2 — — 3 Total revenue from contracts with customers $225 $136 $— $6 $367 Total revenue from other sources (2) 60 71 — 34 165 Total noninterest income $285 $207 $— $40 $532 Three Months Ended September 30, 2023 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Service charges and fees $73 $31 $— $1 $105 Card fees 62 12 — — 74 Capital markets fees — 64 — — 64 Wealth fees (1) 62 1 — — 63 Other banking fees 1 3 — — 4 Total revenue from contracts with customers $198 $111 $— $1 $310 Total revenue from other sources (2) 80 69 — 33 182 Total noninterest income $278 $180 $— $34 $492 Nine Months Ended September 30, 2024 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Service charges and fees $213 $97 $— $— $310 Card fees 213 40 — 13 266 Capital markets fees — 330 — — 330 Wealth fees (1) 219 — — — 219 Other banking fees 2 8 — 1 11 Total revenue from contracts with customers $647 $475 $— $14 $1,136 Total revenue from other sources (2) 173 201 — 92 466 Total noninterest income $820 $676 $— $106 $1,602 Nine Months Ended September 30, 2023 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Service charges and fees $206 $98 $— $1 $305 Card fees 188 35 — — 223 Capital markets fees — 211 — — 211 Wealth fees (1) 190 1 — — 191 Other banking fees 2 10 — — 12 Total revenue from contracts with customers $586 $355 $— $1 $942 Total revenue from other sources (2) 216 233 — 92 541 Total noninterest income $802 $588 $— $93 $1,483 (1) See Note 1 for information regarding updates to the Consolidated Statements of Operations during the second quarter of 2024. (2) Includes bank-owned life insurance income of $26 million and $24 million for the three months ended September 30, 2024 and 2023, respectively, and $80 million and $70 million for the nine months ended September 30, 2024 and 2023, respectively.

OTHER OPERATING EXPENSE (Tables

OTHER OPERATING EXPENSE (Tables)	9 Months Ended
	Sep. 30, 2024
Other Income and Expenses [Abstract]
Schedule of other operating expense	The following table presents the details of other operating expense: Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions) 2024 2023 2024 2023 Marketing $40 $48 $124 $142 Deposit insurance (1) 40 42 162 121 Other 84 86 269 279 Other operating expense $164 $176 $555 $542 (1) Includes an industry-wide FDIC special assessment of $40 million for the nine months ended September 30, 2024.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of earnings per share	Three Months Ended September 30, Nine Months Ended September 30, (dollars in millions, except per share data) 2024 2023 2024 2023 Numerator (basic and diluted): Net income $382 $430 $1,108 $1,419 Less: Preferred stock dividends 38 30 103 87 Net income available to common stockholders $344 $400 $1,005 $1,332 Denominator: Weighted-average common shares outstanding - basic 446,561,996 469,481,085 453,993,833 478,073,507 Dilutive common shares: share-based awards 3,351,471 1,702,634 2,467,497 1,659,501 Weighted-average common shares outstanding - diluted 449,913,467 471,183,719 456,461,330 479,733,008 Earnings per common share: Basic $0.77 $0.85 $2.21 $2.79 Diluted (1) 0.77 0.85 2.20 2.78 (1) Potential dilutive common shares are excluded from the computation of diluted EPS in the periods where the effect would be antidilutive. Excluded from the computation of diluted EPS were weighted average antidilutive shares totaling 141,698 and 2,566,762 for the three months ended September 30, 2024 and 2023, respectively, and 409,167 and 2,391,244 for the nine months ended September 30, 2024 and 2023, respectively.

BUSINESS OPERATING SEGMENTS (Ta

BUSINESS OPERATING SEGMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of segment reporting information	Three Months Ended September 30, 2024 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Net interest income $1,156 $478 ($28) ($237) $1,369 Noninterest income 285 207 — 40 532 Total revenue 1,441 685 (28) (197) 1,901 Noninterest expense 916 300 23 20 1,259 Profit (loss) before provision (benefit) for credit losses 525 385 (51) (217) 642 Provision (benefit) for credit losses 84 91 17 (20) 172 Income (loss) before income tax expense (benefit) 441 294 (68) (197) 470 Income tax expense (benefit) 114 63 (17) (72) 88 Net income (loss) $327 $231 ($51) ($125) $382 Total average assets $75,392 $68,092 $8,389 $66,705 $218,578 Three Months Ended September 30, 2023 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Net interest income $1,067 $560 ($41) ($64) $1,522 Noninterest income 278 180 — 34 492 Total revenue 1,345 740 (41) (30) 2,014 Noninterest expense 905 325 30 33 1,293 Profit (loss) before provision (benefit) for credit losses 440 415 (71) (63) 721 Provision (benefit) for credit losses 67 67 20 18 172 Income (loss) before income tax expense (benefit) 373 348 (91) (81) 549 Income tax expense (benefit) 97 88 (24) (42) 119 Net income (loss) $276 $260 ($67) ($39) $430 Total average assets $72,964 $74,997 $13,113 $59,088 $220,162 Nine Months Ended September 30, 2024 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Net interest income $3,369 $1,486 ($96) ($538) $4,221 Noninterest income 820 676 — 106 1,602 Total revenue 4,189 2,162 (96) (432) 5,823 Noninterest expense 2,734 928 74 182 3,918 Profit (loss) before provision (benefit) for credit losses 1,455 1,234 (170) (614) 1,905 Provision (benefit) for credit losses 249 262 46 (32) 525 Income (loss) before income tax expense (benefit) 1,206 972 (216) (582) 1,380 Income tax expense (benefit) 311 223 (55) (207) 272 Net income (loss) $895 $749 ($161) ($375) $1,108 Total average assets $74,510 $69,046 $9,450 $66,514 $219,520 Nine Months Ended September 30, 2023 (dollars in millions) Consumer Banking Commercial Banking Non-Core Other Consolidated Net interest income $3,101 $1,741 ($84) ($5) $4,753 Noninterest income 802 588 — 93 1,483 Total revenue 3,903 2,329 (84) 88 6,236 Noninterest expense 2,637 971 95 192 3,895 Profit (loss) before provision (benefit) for credit losses 1,266 1,358 (179) (104) 2,341 Provision (benefit) for credit losses 198 185 54 79 516 Income (loss) before income tax expense (benefit) 1,068 1,173 (233) (183) 1,825 Income tax expense (benefit) 278 289 (61) (100) 406 Net income (loss) $790 $884 ($172) ($83) $1,419 Total average assets $72,477 $77,130 $14,409 $57,723 $221,739

SECURITIES - Schedule of Invest

SECURITIES - Schedule of Investments (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-Sale, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Fair Value	[1]	$ 32,835	$ 29,777
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost	[1]	8,738	9,184
Gross Unrealized Gains		3	9
Gross Unrealized Gains		(674)	(843)
Fair Value		8,067	8,350
Total equity securities, at cost, Amortized Cost		732	869
Equity securities, at cost, fair value		732	869
Equity Securities, Amortized Cost		203	173
Equity Securities, Fair Value		203	173
Portfolio level basis adjustments excluded from amortized cost		176	60
Total debt securities available for sale, at fair value
Debt Securities, Available-for-Sale, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		34,230	31,729
Gross Unrealized Gains		177	71
Gross Unrealized Losses		(1,572)	(2,023)
Fair Value		32,835	29,777
U.S. Treasury and other
Debt Securities, Available-for-Sale, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		4,726	4,493
Gross Unrealized Gains		42	26
Gross Unrealized Losses		(79)	(139)
Fair Value		4,689	4,380
State and political subdivisions
Debt Securities, Available-for-Sale, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		1	1
Gross Unrealized Gains		0	0
Gross Unrealized Losses		0	0
Fair Value		1	1
Total mortgage-backed securities
Debt Securities, Available-for-Sale, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		29,269	26,568
Gross Unrealized Gains		135	45
Gross Unrealized Losses		(1,493)	(1,881)
Fair Value		27,911	24,732
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		8,308	8,696
Gross Unrealized Gains		2	9
Gross Unrealized Gains		(665)	(818)
Fair Value		7,645	7,887
Federal agencies and U.S. government sponsored entities
Debt Securities, Available-for-Sale, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		28,995	26,289
Gross Unrealized Gains		135	45
Gross Unrealized Losses		(1,480)	(1,857)
Fair Value		27,650	24,477
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		8,308	8,696
Gross Unrealized Gains		2	9
Gross Unrealized Gains		(665)	(818)
Fair Value		7,645	7,887
Other/non-agency
Debt Securities, Available-for-Sale, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		274	279
Gross Unrealized Gains		0	0
Gross Unrealized Losses		(13)	(24)
Fair Value		261	255
Collateralized loan obligations
Debt Securities, Available-for-Sale, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		234	667
Gross Unrealized Gains		0	0
Gross Unrealized Losses		0	(3)
Fair Value		234	664
Asset-backed securities
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Amortized Cost		430	488
Gross Unrealized Gains		1	0
Gross Unrealized Gains		(9)	(25)
Fair Value		$ 422	$ 463
[1]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.

SECURITIES - Narrative (Details

SECURITIES - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Schedule of Available-for-sale and Held-to-maturity Securities [Line Items]
Accrued interest receivable on debt securities	$ 117,000,000		$ 117,000,000		$ 125,000,000
Taxable interest income from securities	423,000,000	$ 290,000,000	1,200,000,000	$ 823,000,000
Offsetting of short-term receivables or payables recognized	$ 0		$ 0		$ 0
Held-to-maturity, zero expected credit loss, percent of portfolio	95%		95%
Allowance for credit loss recognized	$ 0		$ 0
Mortgage-backed securities
Schedule of Available-for-sale and Held-to-maturity Securities [Line Items]
Securitizations of mortgage loans	$ 48,000,000	$ 65,000,000	$ 181,000,000	$ 65,000,000

SECURITIES - Schedule of Availa

SECURITIES - Schedule of Available for Sale Securities Debt Maturities (Details) $ in Millions	Sep. 30, 2024 USD ($)
Amortized cost:
Amortized Cost, Debt securities available for sale, Maturity of 1 Year or Less	$ 0
Amortized Cost, Debt securities available for sale, Maturity of 1-5 Years	5,714
Amortized Cost, Debt securities available for sale, Maturity of 5-10 Years	2,441
Amortized Cost, Debt securities available for sale, Maturity After 10 Years	26,075
Amortized Cost, Debt securities available for sale, Total	34,230
Amortized Cost, Debt securities held to maturity, Maturity of 1 Year or Less	0
Amortized Cost, Debt securities held to maturity, Maturity of 1-5 Years	430
Amortized Cost, Debt securities held to maturity, Maturity of 5-10 Years	0
Amortized Cost, Debt securities held to maturity, Maturity After 10 Years	8,308
Amortized Cost, Debt securities held to maturity, Total	8,738
Total amortized cost of debt securities, Maturity of 1 Year or Less	0
Total amortized cost of debt securities, Maturity of 1-5 Years	6,144
Total amortized cost of debt securities, Maturity of 5-10 Years	2,441
Total amortized cost of debt securities, Maturity After 10 Years	34,383
Total amortized cost of debt securities, Total	42,968
Fair value:
Fair Value, Debt securities available for sale, Maturity of 1 Year or Less	0
Fair Value, Debt securities available for sale, Maturity of 1-5 Years	5,595
Fair Value, Debt securities available for sale, Maturity of 5-10 Years	2,435
Fair Value, Debt securities available for sale, Maturity After 10 Years	24,805
Fair Value, Debt securities available for sale, Total	32,835
Fair Value, Debt securities held to maturity, Maturity of 1 Year or Less	0
Fair Value, Debt securities held to maturity, Maturity of 1-5 Years	422
Fair Value, Debt securities held to maturity, Maturity of 5-10 Years	0
Fair Value, Debt securities held to maturity, Maturity After 10 Years	7,645
Fair Value, Debt securities held to maturity, Total	8,067
Total fair value of debt securities, Maturity of 1 Year or Less	0
Total fair value of debt securities, Maturity of 1-5 Years	6,017
Total fair value of debt securities, Maturity of 5-10 Years	2,435
Total fair value of debt securities, Maturity After 10 Years	32,450
Total fair value of debt securities, Total	40,902
U.S. Treasury and other
Amortized cost:
Amortized Cost, Debt securities available for sale, Maturity of 1 Year or Less	0
Amortized Cost, Debt securities available for sale, Maturity of 1-5 Years	3,606
Amortized Cost, Debt securities available for sale, Maturity of 5-10 Years	1,120
Amortized Cost, Debt securities available for sale, Maturity After 10 Years	0
Amortized Cost, Debt securities available for sale, Total	4,726
Fair value:
Fair Value, Debt securities available for sale, Maturity of 1 Year or Less	0
Fair Value, Debt securities available for sale, Maturity of 1-5 Years	3,535
Fair Value, Debt securities available for sale, Maturity of 5-10 Years	1,154
Fair Value, Debt securities available for sale, Maturity After 10 Years	0
Fair Value, Debt securities available for sale, Total	4,689
State and political subdivisions
Amortized cost:
Amortized Cost, Debt securities available for sale, Maturity of 1 Year or Less	0
Amortized Cost, Debt securities available for sale, Maturity of 1-5 Years	0
Amortized Cost, Debt securities available for sale, Maturity of 5-10 Years	0
Amortized Cost, Debt securities available for sale, Maturity After 10 Years	1
Amortized Cost, Debt securities available for sale, Total	1
Fair value:
Fair Value, Debt securities available for sale, Maturity of 1 Year or Less	0
Fair Value, Debt securities available for sale, Maturity of 1-5 Years	0
Fair Value, Debt securities available for sale, Maturity of 5-10 Years	0
Fair Value, Debt securities available for sale, Maturity After 10 Years	1
Fair Value, Debt securities available for sale, Total	1
Federal agencies and U.S. government sponsored entities
Amortized cost:
Amortized Cost, Debt securities available for sale, Maturity of 1 Year or Less	0
Amortized Cost, Debt securities available for sale, Maturity of 1-5 Years	2,108
Amortized Cost, Debt securities available for sale, Maturity of 5-10 Years	1,321
Amortized Cost, Debt securities available for sale, Maturity After 10 Years	25,566
Amortized Cost, Debt securities available for sale, Total	28,995
Amortized Cost, Debt securities held to maturity, Maturity of 1 Year or Less	0
Amortized Cost, Debt securities held to maturity, Maturity of 1-5 Years	0
Amortized Cost, Debt securities held to maturity, Maturity of 5-10 Years	0
Amortized Cost, Debt securities held to maturity, Maturity After 10 Years	8,308
Amortized Cost, Debt securities held to maturity, Total	8,308
Fair value:
Fair Value, Debt securities available for sale, Maturity of 1 Year or Less	0
Fair Value, Debt securities available for sale, Maturity of 1-5 Years	2,060
Fair Value, Debt securities available for sale, Maturity of 5-10 Years	1,281
Fair Value, Debt securities available for sale, Maturity After 10 Years	24,309
Fair Value, Debt securities available for sale, Total	27,650
Fair Value, Debt securities held to maturity, Maturity of 1 Year or Less	0
Fair Value, Debt securities held to maturity, Maturity of 1-5 Years	0
Fair Value, Debt securities held to maturity, Maturity of 5-10 Years	0
Fair Value, Debt securities held to maturity, Maturity After 10 Years	7,645
Fair Value, Debt securities held to maturity, Total	7,645
Other/non-agency
Amortized cost:
Amortized Cost, Debt securities available for sale, Maturity of 1 Year or Less	0
Amortized Cost, Debt securities available for sale, Maturity of 1-5 Years	0
Amortized Cost, Debt securities available for sale, Maturity of 5-10 Years	0
Amortized Cost, Debt securities available for sale, Maturity After 10 Years	274
Amortized Cost, Debt securities available for sale, Total	274
Fair value:
Fair Value, Debt securities available for sale, Maturity of 1 Year or Less	0
Fair Value, Debt securities available for sale, Maturity of 1-5 Years	0
Fair Value, Debt securities available for sale, Maturity of 5-10 Years	0
Fair Value, Debt securities available for sale, Maturity After 10 Years	261
Fair Value, Debt securities available for sale, Total	261
Collateralized loan obligations
Amortized cost:
Amortized Cost, Debt securities available for sale, Maturity of 1 Year or Less	0
Amortized Cost, Debt securities available for sale, Maturity of 1-5 Years	0
Amortized Cost, Debt securities available for sale, Maturity of 5-10 Years	0
Amortized Cost, Debt securities available for sale, Maturity After 10 Years	234
Amortized Cost, Debt securities available for sale, Total	234
Fair value:
Fair Value, Debt securities available for sale, Maturity of 1 Year or Less	0
Fair Value, Debt securities available for sale, Maturity of 1-5 Years	0
Fair Value, Debt securities available for sale, Maturity of 5-10 Years	0
Fair Value, Debt securities available for sale, Maturity After 10 Years	234
Fair Value, Debt securities available for sale, Total	234
Asset-backed securities
Amortized cost:
Amortized Cost, Debt securities held to maturity, Maturity of 1 Year or Less	0
Amortized Cost, Debt securities held to maturity, Maturity of 1-5 Years	430
Amortized Cost, Debt securities held to maturity, Maturity of 5-10 Years	0
Amortized Cost, Debt securities held to maturity, Maturity After 10 Years	0
Amortized Cost, Debt securities held to maturity, Total	430
Fair value:
Fair Value, Debt securities held to maturity, Maturity of 1 Year or Less	0
Fair Value, Debt securities held to maturity, Maturity of 1-5 Years	422
Fair Value, Debt securities held to maturity, Maturity of 5-10 Years	0
Fair Value, Debt securities held to maturity, Maturity After 10 Years	0
Fair Value, Debt securities held to maturity, Total	$ 422

SECURITIES - Income Recognized

SECURITIES - Income Recognized from Investment Securities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Gains	$ 9	$ 9	$ 14	$ 27
Losses	0	(4)	0	(8)
Securities gains, net	$ 9	$ 5	$ 14	$ 19

SECURITIES - Schedule of Securi

SECURITIES - Schedule of Securities Pledged (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Pledged against derivatives, to qualify for fiduciary powers, or to secure public and other deposits as required by law
Financial Instruments Owned and Pledged as Collateral [Line Items]
Debt securities at amortized cost	$ 6,528	$ 5,619
Debt securities at fair value	6,080	5,305
Pledged as collateral for FHLB borrowing capacity
Financial Instruments Owned and Pledged as Collateral [Line Items]
Debt securities at amortized cost	237	242
Debt securities at fair value	226	220
Pledged against repurchase agreements
Financial Instruments Owned and Pledged as Collateral [Line Items]
Debt securities at amortized cost	0	0
Debt securities at fair value	$ 0	$ 0

SECURITIES - Schedule of Inve_2

SECURITIES - Schedule of Investments in Continuous Loss Positions (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value
Less than 12 Months	$ 755	$ 3,044
12 Months or Longer	19,814	20,505
Total	20,569	23,549
Gross Unrealized Losses
Less than 12 Months	(4)	(24)
12 Months or Longer	(1,568)	(1,999)
Total	(1,572)	(2,023)
Mortgage-backed securities
Fair Value
Less than 12 Months	755	2,939
12 Months or Longer	16,504	16,653
Total	17,259	19,592
Gross Unrealized Losses
Less than 12 Months	(4)	(24)
12 Months or Longer	(1,489)	(1,857)
Total	(1,493)	(1,881)
U.S. Treasury and other
Fair Value
Less than 12 Months	0	49
12 Months or Longer	3,310	3,245
Total	3,310	3,294
Gross Unrealized Losses
Less than 12 Months	0	0
12 Months or Longer	(79)	(139)
Total	(79)	(139)
State and political subdivisions
Fair Value
Less than 12 Months	0
12 Months or Longer	0
Total	0
Gross Unrealized Losses
Less than 12 Months	0
12 Months or Longer	0
Total	0
Federal agencies and U.S. government sponsored entities
Fair Value
Less than 12 Months	755	2,939
12 Months or Longer	16,244	16,398
Total	16,999	19,337
Gross Unrealized Losses
Less than 12 Months	(4)	(24)
12 Months or Longer	(1,476)	(1,833)
Total	(1,480)	(1,857)
Other/non-agency
Fair Value
Less than 12 Months	0	0
12 Months or Longer	260	255
Total	260	255
Gross Unrealized Losses
Less than 12 Months	0	0
12 Months or Longer	(13)	(24)
Total	(13)	(24)
Collateralized loan obligations
Fair Value
Less than 12 Months	0	56
12 Months or Longer	0	607
Total	0	663
Gross Unrealized Losses
Less than 12 Months	0	0
12 Months or Longer	0	(3)
Total	$ 0	$ (3)

LOANS AND LEASES - Summary of L

LOANS AND LEASES - Summary of Loans and Leases Portfolio (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	$ 141,632	$ 145,959
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	71,808	74,445
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	43,825	44,974
Commercial | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	27,983	29,471
Retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	69,824	71,514
Retail | Residential mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	32,379	31,332
Retail | Home equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	15,992	15,040
Retail | Automobile
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	5,540	8,258
Retail | Education
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	11,118	11,834
Retail | Other retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and leases	$ 4,795	$ 5,050

LOANS AND LEASES - Narrative (D

LOANS AND LEASES - Narrative (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest receivable on loans and leases held for investment		$ 862		$ 862		$ 875
Loans pledged as collateral for FHLB borrowed funds	[1]	139,553		139,553		143,861
Interest income on direct financing lease		11	$ 12	31	$ 36
Retail | Residential mortgages | Pledged as collateral for FHLB borrowing capacity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral for FHLB borrowed funds		37,900		37,900		36,000
Consumer and Commercial Portfolio Segment | Education, commercial and industrial, and commercial real estate loans | Notes Payable, Other Payables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral for FHLB borrowed funds		$ 27,200		$ 27,200		$ 31,900
[1]Includes amounts in consolidated VIEs. See Note 6 for additional information.

LOANS AND LEASES - Loans Held F

LOANS AND LEASES - Loans Held For Sale (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale, at fair value	$ 614	$ 676
Other loans held for sale	49	103
Residential loans held for sale | Residential Mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale, at fair value	573	614
Other loans held for sale	0	0
Commercial loans held for sale | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for sale, at fair value	41	62
Other loans held for sale	$ 49	$ 103

CREDIT QUALITY AND THE ALLOWA_3

CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES - Allowance for Credit Loss (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan and lease losses, beginning of period	$ 2,125	$ 2,044	$ 2,098	$ 1,983
Charge-offs	(231)	(191)	(685)	(551)
Recoveries	39	38	128	113
Net charge-offs	(192)	(153)	(557)	(438)
Provision expense (benefit) for loans and leases	146	189	538	535
Allowance for loan and lease losses, end of period	2,079	2,080	2,079	2,080
Unfunded lending commitments [Roll Forward]
Allowance for unfunded lending commitments, beginning of period	181	255	220	257
Provision expense (benefit) for unfunded lending commitments	26	(17)	(13)	(19)
Allowance for unfunded lending commitments, end of period	207	238	207	238
Total allowance for credit losses, end of period	2,286	2,318	2,286	2,318
Commercial
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan and lease losses, beginning of period	1,282	1,157	1,250	1,060
Charge-offs	(106)	(74)	(308)	(212)
Recoveries	8	4	29	14
Net charge-offs	(98)	(70)	(279)	(198)
Provision expense (benefit) for loans and leases	3	146	216	371
Allowance for loan and lease losses, end of period	1,187	1,233	1,187	1,233
Unfunded lending commitments [Roll Forward]
Allowance for unfunded lending commitments, beginning of period	147	213	175	207
Provision expense (benefit) for unfunded lending commitments	17	(21)	(11)	(15)
Allowance for unfunded lending commitments, end of period	164	192	164	192
Total allowance for credit losses, end of period	1,351	1,425	1,351	1,425
Retail
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan and lease losses, beginning of period	843	887	848	923
Charge-offs	(125)	(117)	(377)	(339)
Recoveries	31	34	99	99
Net charge-offs	(94)	(83)	(278)	(240)
Provision expense (benefit) for loans and leases	143	43	322	164
Allowance for loan and lease losses, end of period	892	847	892	847
Unfunded lending commitments [Roll Forward]
Allowance for unfunded lending commitments, beginning of period	34	42	45	50
Provision expense (benefit) for unfunded lending commitments	9	4	(2)	(4)
Allowance for unfunded lending commitments, end of period	43	46	43	46
Total allowance for credit losses, end of period	$ 935	$ 893	$ 935	$ 893

CREDIT QUALITY AND THE ALLOWA_4

CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended	15 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Sep. 30, 2024
Financing Receivable, Troubled Debt Restructuring [Line Items]
Net charge-offs	$ 192	$ 153	$ 557	$ 438
Credit provision	172	172	525	516
Decrease to ACL			(32)
Loans and leases	141,632		141,632		$ 145,959	$ 141,632
Mortgage loans collateralized by OREO	319		319		336	319
Amortized cost basis	498	408	1,331	944		1,486
Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Net charge-offs	94	83	278	240
Loans and leases	69,824		69,824		71,514	69,824
Amortized cost basis	54	43	163	108		215
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Net charge-offs	98	70	279	198
Loans and leases	71,808		71,808		74,445	71,808
Amortized cost basis	444	365	1,168	836		1,271
Commercial and industrial | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loans and leases	43,825		43,825		44,974	43,825
Amortized cost basis	104	$ 196	289	$ 344		301
Unfunded loan commitment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			75		221
Collateral Dependent | Home Equity Loan and Residential Mortgages | Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loans and leases	529		529		556	529
Collateral Dependent | Commercial and industrial | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Loans and leases	$ 607		$ 607		$ 233	$ 607

CREDIT QUALITY AND THE ALLOWA_5

CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES - Amortized Cost Basis by Credit Quality Indicator (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Total	$ 141,632		$ 141,632		$ 145,959
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			25	$ 36
Year two			17	50
Year three			52	82
Year four			97	88
Year five			129	40
Prior to year five			182	130
Within the Revolving Period			181	125
Converted to Term			2	0
Total	231	$ 191	685	551
Commercial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	5,756		5,756		5,669
Year two	4,396		4,396		13,841
Year three	12,394		12,394		12,883
Year four	10,681		10,681		4,966
Year five	3,974		3,974		4,476
Prior to year five	9,592		9,592		8,133
Within the Revolving Period	24,916		24,916		24,399
Converted to Term	99		99		78
Total	71,808		71,808		74,445
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			0	0
Year two			0	1
Year three			16	32
Year four			44	55
Year five			99	12
Prior to year five			117	77
Within the Revolving Period			32	35
Converted to Term			0	0
Total	106	74	308	212
Commercial | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	5,746		5,746		5,600
Year two	4,236		4,236		12,303
Year three	10,551		10,551		11,393
Year four	9,236		9,236		4,000
Year five	3,085		3,085		3,441
Prior to year five	6,956		6,956		6,194
Within the Revolving Period	23,342		23,342		23,008
Converted to Term	75		75		61
Total	63,227		63,227		66,000
Commercial | Special Mention
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	7		7		59
Year two	71		71		934
Year three	1,117		1,117		894
Year four	699		699		252
Year five	187		187		233
Prior to year five	523		523		373
Within the Revolving Period	439		439		443
Converted to Term	0		0		0
Total	3,043		3,043		3,188
Commercial | Substandard Accrual
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	3		3		8
Year two	66		66		466
Year three	585		585		540
Year four	691		691		687
Year five	606		606		653
Prior to year five	1,413		1,413		1,226
Within the Revolving Period	1,085		1,085		892
Converted to Term	18		18		11
Total	4,467		4,467		4,483
Commercial | Nonaccrual
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		2
Year two	23		23		138
Year three	141		141		56
Year four	55		55		27
Year five	96		96		149
Prior to year five	700		700		340
Within the Revolving Period	50		50		56
Converted to Term	6		6		6
Total	1,071		1,071		774
Commercial | Commercial and industrial
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	4,156		4,156		3,762
Year two	3,064		3,064		6,994
Year three	5,274		5,274		6,077
Year four	4,062		4,062		1,697
Year five	1,278		1,278		1,327
Prior to year five	2,661		2,661		2,801
Within the Revolving Period	23,239		23,239		22,246
Converted to Term	91		91		70
Total	43,825		43,825		44,974
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			0	0
Year two			0	1
Year three			15	32
Year four			22	4
Year five			1	1
Prior to year five			15	24
Within the Revolving Period			32	35
Converted to Term			0	0
Total			85	97
Commercial | Commercial and industrial | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	4,147		4,147		3,694
Year two	2,910		2,910		6,512
Year three	4,856		4,856		5,331
Year four	3,430		3,430		1,445
Year five	1,095		1,095		1,147
Prior to year five	2,266		2,266		2,299
Within the Revolving Period	21,931		21,931		21,033
Converted to Term	71		71		53
Total	40,706		40,706		41,514
Commercial | Commercial and industrial | Special Mention
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	6		6		59
Year two	71		71		221
Year three	104		104		355
Year four	271		271		30
Year five	27		27		50
Prior to year five	38		38		113
Within the Revolving Period	310		310		368
Converted to Term	0		0		0
Total	827		827		1,196
Commercial | Commercial and industrial | Substandard Accrual
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	3		3		8
Year two	60		60		189
Year three	259		259		337
Year four	344		344		218
Year five	151		151		125
Prior to year five	292		292		287
Within the Revolving Period	950		950		792
Converted to Term	14		14		11
Total	2,073		2,073		1,967
Commercial | Commercial and industrial | Nonaccrual
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		1
Year two	23		23		72
Year three	55		55		54
Year four	17		17		4
Year five	5		5		5
Prior to year five	65		65		102
Within the Revolving Period	48		48		53
Converted to Term	6		6		6
Total	219		219		297
Commercial | Commercial real estate
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	1,600		1,600		1,907
Year two	1,332		1,332		6,847
Year three	7,120		7,120		6,806
Year four	6,619		6,619		3,269
Year five	2,696		2,696		3,149
Prior to year five	6,931		6,931		5,332
Within the Revolving Period	1,677		1,677		2,153
Converted to Term	8		8		8
Total	27,983		27,983		29,471
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			0	0
Year two			0	0
Year three			1	0
Year four			22	51
Year five			98	11
Prior to year five			102	53
Within the Revolving Period			0	0
Converted to Term			0	0
Total			223	115
Commercial | Commercial real estate | Pass
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	1,599		1,599		1,906
Year two	1,326		1,326		5,791
Year three	5,695		5,695		6,062
Year four	5,806		5,806		2,555
Year five	1,990		1,990		2,294
Prior to year five	4,690		4,690		3,895
Within the Revolving Period	1,411		1,411		1,975
Converted to Term	4		4		8
Total	22,521		22,521		24,486
Commercial | Commercial real estate | Special Mention
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	1		1		0
Year two	0		0		713
Year three	1,013		1,013		539
Year four	428		428		222
Year five	160		160		183
Prior to year five	485		485		260
Within the Revolving Period	129		129		75
Converted to Term	0		0		0
Total	2,216		2,216		1,992
Commercial | Commercial real estate | Substandard Accrual
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	6		6		277
Year three	326		326		203
Year four	347		347		469
Year five	455		455		528
Prior to year five	1,121		1,121		939
Within the Revolving Period	135		135		100
Converted to Term	4		4		0
Total	2,394		2,394		2,516
Commercial | Commercial real estate | Nonaccrual
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		1
Year two	0		0		66
Year three	86		86		2
Year four	38		38		23
Year five	91		91		144
Prior to year five	635		635		238
Within the Revolving Period	2		2		3
Converted to Term	0		0		0
Total	852		852		477
Retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	3,688		3,688		4,817
Year two	4,434		4,434		10,219
Year three	9,236		9,236		15,492
Year four	13,689		13,689		9,169
Year five	8,019		8,019		4,095
Prior to year five	11,908		11,908		9,675
Within the Revolving Period	17,827		17,827		17,008
Converted to Term	1,023		1,023		1,039
Total	69,824		69,824		71,514
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			25	36
Year two			17	49
Year three			36	50
Year four			53	33
Year five			30	28
Prior to year five			65	53
Within the Revolving Period			149	90
Converted to Term			2	0
Total	125	$ 117	377	339
Retail | Residential mortgages
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	2,488		2,488		2,653
Year two	2,609		2,609		5,821
Year three	5,709		5,709		8,761
Year four	8,445		8,445		5,180
Year five	4,931		4,931		2,274
Prior to year five	8,197		8,197		6,643
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	32,379		32,379		31,332
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			0	0
Year two			0	0
Year three			0	0
Year four			0	0
Year five			0	1
Prior to year five			4	2
Within the Revolving Period			0	0
Converted to Term			0	0
Total			4	3
Retail | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	1		1		1
Year two	3		3		9
Year three	15		15		9
Year four	10		10		7
Year five	7		7		30
Prior to year five	359		359		423
Within the Revolving Period	14,578		14,578		13,529
Converted to Term	1,019		1,019		1,032
Total	15,992		15,992		15,040
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			0	0
Year two			0	0
Year three			0	0
Year four			0	0
Year five			0	0
Prior to year five			3	2
Within the Revolving Period			8	6
Converted to Term			1	0
Total			12	8
Retail | Automobile
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		500
Year two	382		382		2,335
Year three	1,729		1,729		3,444
Year four	2,371		2,371		1,207
Year five	730		730		576
Prior to year five	328		328		196
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	5,540		5,540		8,258
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			0	0
Year two			5	24
Year three			23	31
Year four			23	11
Year five			7	9
Prior to year five			4	7
Within the Revolving Period			9	0
Converted to Term			1	0
Total			72	82
Retail | Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	525		525		852
Year two	975		975		1,737
Year three	1,585		1,585		3,114
Year four	2,774		2,774		2,622
Year five	2,282		2,282		1,150
Prior to year five	2,977		2,977		2,359
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	11,118		11,118		11,834
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			0	0
Year two			2	3
Year three			6	12
Year four			18	16
Year five			21	10
Prior to year five			46	35
Within the Revolving Period			0	0
Converted to Term			0	0
Total			93	76
Retail | Other retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	674		674		811
Year two	465		465		317
Year three	198		198		164
Year four	89		89		153
Year five	69		69		65
Prior to year five	47		47		54
Within the Revolving Period	3,249		3,249		3,479
Converted to Term	4		4		7
Total	4,795		4,795		5,050
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Year one			25	36
Year two			10	22
Year three			7	7
Year four			12	6
Year five			2	8
Prior to year five			8	7
Within the Revolving Period			132	84
Converted to Term			0	0
Total			196	$ 170
Greater than 800 | Retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	1,219		1,219		1,449
Year two	1,848		1,848		4,351
Year three	4,405		4,405		7,913
Year four	7,510		7,510		4,939
Year five	4,496		4,496		1,913
Prior to year five	5,674		5,674		4,466
Within the Revolving Period	5,905		5,905		5,578
Converted to Term	204		204		222
Total	31,261		31,261		30,831
Greater than 800 | Retail | Residential mortgages
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	884		884		889
Year two	1,295		1,295		3,067
Year three	3,276		3,276		5,172
Year four	5,165		5,165		3,117
Year five	2,962		2,962		1,131
Prior to year five	3,952		3,952		3,125
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	17,534		17,534		16,501
Greater than 800 | Retail | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	1		1		0
Year two	0		0		4
Year three	3		3		4
Year four	4		4		1
Year five	1		1		4
Prior to year five	80		80		91
Within the Revolving Period	5,414		5,414		5,078
Converted to Term	204		204		222
Total	5,707		5,707		5,404
Greater than 800 | Retail | Automobile
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		81
Year two	72		72		539
Year three	420		420		1,062
Year four	762		762		368
Year five	226		226		162
Prior to year five	84		84		47
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	1,564		1,564		2,259
Greater than 800 | Retail | Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	184		184		296
Year two	377		377		671
Year three	665		665		1,637
Year four	1,560		1,560		1,418
Year five	1,291		1,291		600
Prior to year five	1,544		1,544		1,185
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	5,621		5,621		5,807
Greater than 800 | Retail | Other retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	150		150		183
Year two	104		104		70
Year three	41		41		38
Year four	19		19		35
Year five	16		16		16
Prior to year five	14		14		18
Within the Revolving Period	491		491		500
Converted to Term	0		0		0
Total	835		835		860
740-799 | Retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	1,719		1,719		2,093
Year two	1,551		1,551		3,393
Year three	2,797		2,797		4,696
Year four	3,838		3,838		2,682
Year five	2,291		2,291		1,150
Prior to year five	3,040		3,040		2,456
Within the Revolving Period	6,009		6,009		5,671
Converted to Term	228		228		242
Total	21,473		21,473		22,383
740-799 | Retail | Residential mortgages
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	1,268		1,268		1,333
Year two	930		930		1,940
Year three	1,659		1,659		2,560
Year four	2,279		2,279		1,411
Year five	1,359		1,359		592
Prior to year five	2,009		2,009		1,625
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	9,504		9,504		9,461
740-799 | Retail | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	0		0		1
Year three	2		2		2
Year four	2		2		1
Year five	1		1		3
Prior to year five	70		70		82
Within the Revolving Period	5,102		5,102		4,708
Converted to Term	227		227		241
Total	5,404		5,404		5,038
740-799 | Retail | Automobile
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		134
Year two	101		101		671
Year three	488		488		1,038
Year four	685		685		375
Year five	220		220		165
Prior to year five	88		88		52
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	1,582		1,582		2,435
740-799 | Retail | Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	223		223		368
Year two	379		379		694
Year three	598		598		1,050
Year four	850		850		850
Year five	691		691		369
Prior to year five	859		859		678
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	3,600		3,600		4,009
740-799 | Retail | Other retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	228		228		258
Year two	141		141		87
Year three	50		50		46
Year four	22		22		45
Year five	20		20		21
Prior to year five	14		14		19
Within the Revolving Period	907		907		963
Converted to Term	1		1		1
Total	1,383		1,383		1,440
680-739 | Retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	569		569		872
Year two	673		673		1,574
Year three	1,263		1,263		1,839
Year four	1,456		1,456		1,032
Year five	813		813		541
Prior to year five	1,500		1,500		1,314
Within the Revolving Period	3,772		3,772		3,666
Converted to Term	186		186		204
Total	10,232		10,232		11,042
680-739 | Retail | Residential mortgages
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	304		304		367
Year two	292		292		631
Year three	579		579		758
Year four	702		702		466
Year five	430		430		266
Prior to year five	988		988		873
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	3,295		3,295		3,361
680-739 | Retail | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		1
Year two	0		0		1
Year three	1		1		1
Year four	0		0		2
Year five	2		2		5
Prior to year five	78		78		93
Within the Revolving Period	2,895		2,895		2,693
Converted to Term	185		185		202
Total	3,161		3,161		2,998
680-739 | Retail | Automobile
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		147
Year two	102		102		577
Year three	397		397		708
Year four	458		458		252
Year five	144		144		118
Prior to year five	65		65		39
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	1,166		1,166		1,841
680-739 | Retail | Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	84		84		143
Year two	159		159		289
Year three	243		243		333
Year four	276		276		273
Year five	222		222		134
Prior to year five	358		358		298
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	1,342		1,342		1,470
680-739 | Retail | Other retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	181		181		214
Year two	120		120		76
Year three	43		43		39
Year four	20		20		39
Year five	15		15		18
Prior to year five	11		11		11
Within the Revolving Period	877		877		973
Converted to Term	1		1		2
Total	1,268		1,268		1,372
620-679 | Retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	128		128		296
Year two	231		231		565
Year three	427		427		602
Year four	453		453		281
Year five	216		216		232
Prior to year five	736		736		659
Within the Revolving Period	1,088		1,088		1,137
Converted to Term	140		140		139
Total	3,419		3,419		3,911
620-679 | Retail | Residential mortgages
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	26		26		54
Year two	57		57		135
Year three	122		122		165
Year four	151		151		90
Year five	84		84		121
Prior to year five	506		506		445
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	946		946		1,010
620-679 | Retail | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	1		1		1
Year three	4		4		1
Year four	1		1		2
Year five	2		2		8
Prior to year five	66		66		77
Within the Revolving Period	734		734		718
Converted to Term	139		139		137
Total	947		947		944
620-679 | Retail | Automobile
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		94
Year two	60		60		316
Year three	214		214		345
Year four	229		229		112
Year five	67		67		65
Prior to year five	40		40		26
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	610		610		958
620-679 | Retail | Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	19		19		30
Year two	48		48		65
Year three	58		58		68
Year four	60		60		58
Year five	54		54		32
Prior to year five	120		120		107
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	359		359		360
620-679 | Retail | Other retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	83		83		118
Year two	65		65		48
Year three	29		29		23
Year four	12		12		19
Year five	9		9		6
Prior to year five	4		4		4
Within the Revolving Period	354		354		419
Converted to Term	1		1		2
Total	557		557		639
Less than 620 | Retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	28		28		89
Year two	131		131		335
Year three	344		344		439
Year four	431		431		233
Year five	202		202		256
Prior to year five	911		911		730
Within the Revolving Period	669		669		583
Converted to Term	265		265		232
Total	2,981		2,981		2,897
Less than 620 | Retail | Residential mortgages
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	6		6		9
Year two	35		35		48
Year three	73		73		104
Year four	147		147		95
Year five	95		95		161
Prior to year five	726		726		561
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	1,082		1,082		978
Less than 620 | Retail | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	2		2		2
Year three	5		5		1
Year four	3		3		1
Year five	1		1		10
Prior to year five	65		65		80
Within the Revolving Period	433		433		332
Converted to Term	264		264		230
Total	773		773		656
Less than 620 | Retail | Automobile
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		44
Year two	47		47		232
Year three	210		210		291
Year four	237		237		100
Year five	73		73		66
Prior to year five	51		51		32
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	618		618		765
Less than 620 | Retail | Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	3		3		5
Year two	12		12		18
Year three	21		21		25
Year four	28		28		23
Year five	24		24		15
Prior to year five	65		65		55
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	153		153		141
Less than 620 | Retail | Other retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	19		19		31
Year two	35		35		35
Year three	35		35		18
Year four	16		16		14
Year five	9		9		4
Prior to year five	4		4		2
Within the Revolving Period	236		236		251
Converted to Term	1		1		2
Total	355		355		357
No FICO available | Retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	25		25		18
Year two	0		0		1
Year three	0		0		3
Year four	1		1		2
Year five	1		1		3
Prior to year five	47		47		50
Within the Revolving Period	384		384		373
Converted to Term	0		0		0
Total	458		458		450
No FICO available | Retail | Residential mortgages
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		1
Year two	0		0		0
Year three	0		0		2
Year four	1		1		1
Year five	1		1		3
Prior to year five	16		16		14
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	18		18		21
No FICO available | Retail | Home equity
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
Prior to year five	0		0		0
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	0		0		0
No FICO available | Retail | Automobile
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	0		0		0
Year two	0		0		0
Year three	0		0		0
Year four	0		0		0
Year five	0		0		0
Prior to year five	0		0		0
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	0		0		0
No FICO available | Retail | Education
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	12		12		10
Year two	0		0		0
Year three	0		0		1
Year four	0		0		0
Year five	0		0		0
Prior to year five	31		31		36
Within the Revolving Period	0		0		0
Converted to Term	0		0		0
Total	43		43		47
No FICO available | Retail | Other retail
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract]
Year one	13		13		7
Year two	0		0		1
Year three	0		0		0
Year four	0		0		1
Year five	0		0		0
Prior to year five	0		0		0
Within the Revolving Period	384		384		373
Converted to Term	0		0		0
Total	$ 397		$ 397		$ 382

CREDIT QUALITY AND THE ALLOWA_6

CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES - Accruing and Nonaccruing Past Due Amounts (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 141,632	$ 145,959
Loans and leases, nonaccrual	1,687	1,364
Loans and leases, nonaccrual with no related ACL	435	453
Guaranteed residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	1,058	1,122
Loans and leases, nonaccrual	0	0
Loans and leases, nonaccrual with no related ACL	0	0
Current
Financing Receivable, Past Due [Line Items]
Loans and leases	139,011	143,111
Current | Guaranteed residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	830	675
30-59
Financing Receivable, Past Due [Line Items]
Loans and leases	508	818
30-59 | Guaranteed residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	54	128
60-89
Financing Receivable, Past Due [Line Items]
Loans and leases	257	333
60-89 | Guaranteed residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	29	76
90+
Financing Receivable, Past Due [Line Items]
Loans and leases	169	333
90+ | Guaranteed residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	145	243
Commercial
Financing Receivable, Past Due [Line Items]
Loans and leases	71,808	74,445
Loans and leases, nonaccrual	1,071	774
Loans and leases, nonaccrual with no related ACL	112	101
Commercial | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Loans and leases	43,825	44,974
Loans and leases, nonaccrual	219	297
Loans and leases, nonaccrual with no related ACL	48	30
Commercial | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	27,983	29,471
Loans and leases, nonaccrual	852	477
Loans and leases, nonaccrual with no related ACL	64	71
Commercial | Current
Financing Receivable, Past Due [Line Items]
Loans and leases	70,503	73,336
Commercial | Current | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Loans and leases	43,542	44,591
Commercial | Current | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	26,961	28,745
Commercial | 30-59
Financing Receivable, Past Due [Line Items]
Loans and leases	126	212
Commercial | 30-59 | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Loans and leases	54	62
Commercial | 30-59 | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	72	150
Commercial | 60-89
Financing Receivable, Past Due [Line Items]
Loans and leases	88	77
Commercial | 60-89 | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Loans and leases	5	18
Commercial | 60-89 | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	83	59
Commercial | 90+
Financing Receivable, Past Due [Line Items]
Loans and leases	20	46
Commercial | 90+ | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Loans and leases	5	6
Commercial | 90+ | Commercial real estate
Financing Receivable, Past Due [Line Items]
Loans and leases	15	40
Retail
Financing Receivable, Past Due [Line Items]
Loans and leases	69,824	71,514
Loans and leases, nonaccrual	616	590
Loans and leases, nonaccrual with no related ACL	323	352
Retail | Residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	32,379	31,332
Loans and leases, nonaccrual	169	177
Loans and leases, nonaccrual with no related ACL	129	144
Retail | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	15,992	15,040
Loans and leases, nonaccrual	281	285
Loans and leases, nonaccrual with no related ACL	186	198
Retail | Automobile
Financing Receivable, Past Due [Line Items]
Loans and leases	5,540	8,258
Loans and leases, nonaccrual	46	61
Loans and leases, nonaccrual with no related ACL	5	7
Retail | Education
Financing Receivable, Past Due [Line Items]
Loans and leases	11,118	11,834
Loans and leases, nonaccrual	59	28
Loans and leases, nonaccrual with no related ACL	2	3
Retail | Other retail
Financing Receivable, Past Due [Line Items]
Loans and leases	4,795	5,050
Loans and leases, nonaccrual	61	39
Loans and leases, nonaccrual with no related ACL	1	0
Retail | Current
Financing Receivable, Past Due [Line Items]
Loans and leases	68,508	69,775
Retail | Current | Residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	31,923	30,499
Retail | Current | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	15,591	14,640
Retail | Current | Automobile
Financing Receivable, Past Due [Line Items]
Loans and leases	5,347	8,005
Retail | Current | Education
Financing Receivable, Past Due [Line Items]
Loans and leases	10,989	11,732
Retail | Current | Other retail
Financing Receivable, Past Due [Line Items]
Loans and leases	4,658	4,899
Retail | 30-59
Financing Receivable, Past Due [Line Items]
Loans and leases	382	606
Retail | 30-59 | Residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	93	282
Retail | 30-59 | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	93	82
Retail | 30-59 | Automobile
Financing Receivable, Past Due [Line Items]
Loans and leases	109	144
Retail | 30-59 | Education
Financing Receivable, Past Due [Line Items]
Loans and leases	43	49
Retail | 30-59 | Other retail
Financing Receivable, Past Due [Line Items]
Loans and leases	44	49
Retail | 60-89
Financing Receivable, Past Due [Line Items]
Loans and leases	169	256
Retail | 60-89 | Residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	48	118
Retail | 60-89 | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	27	33
Retail | 60-89 | Automobile
Financing Receivable, Past Due [Line Items]
Loans and leases	38	48
Retail | 60-89 | Education
Financing Receivable, Past Due [Line Items]
Loans and leases	25	23
Retail | 60-89 | Other retail
Financing Receivable, Past Due [Line Items]
Loans and leases	31	34
Retail | 90+
Financing Receivable, Past Due [Line Items]
Loans and leases	149	287
Retail | 90+ | Residential mortgages
Financing Receivable, Past Due [Line Items]
Loans and leases	146	256
Retail | 90+ | Home equity
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Retail | 90+ | Automobile
Financing Receivable, Past Due [Line Items]
Loans and leases	0	0
Retail | 90+ | Education
Financing Receivable, Past Due [Line Items]
Loans and leases	2	2
Retail | 90+ | Other retail
Financing Receivable, Past Due [Line Items]
Loans and leases	$ 1	$ 29

CREDIT QUALITY AND THE ALLOWA_7

CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES - Modified (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended	15 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Sep. 30, 2024
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 498	$ 408	$ 1,331	$ 944		$ 1,486
Total as a % of Loan Class	0.35%	0.27%	0.94%	0.63%
Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				$ 593		931
30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				56		73
60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				5		69
90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				13		16
Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				277		397
Unfunded loan commitment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			$ 75		$ 221
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 444	$ 365	$ 1,168	$ 836		1,271
Total as a % of Loan Class	0.62%	0.47%	1.63%	1.08%
Commercial | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				$ 524		801
Commercial | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				55		65
Commercial | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		64
Commercial | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Commercial | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				257		341
Commercial | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 104	$ 196	$ 289	$ 344		301
Total as a % of Loan Class	0.24%	0.42%	0.66%	0.74%
Weighted-Average Interest Rate Reduction	3.62%	2.32%	3.72%	2.95%
Weighted-Average Term Extension (in Months)	14 months	17 months	15 months	14 months
Weighted-Average Payment Deferral	$ 11	$ 0	$ 3	$ 1
Commercial | Commercial and industrial | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				262		211
Commercial | Commercial and industrial | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		35
Commercial | Commercial and industrial | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		1
Commercial | Commercial and industrial | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Commercial | Commercial and industrial | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				82		54
Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 340	$ 169	$ 879	$ 492		970
Total as a % of Loan Class	1.22%	0.57%	3.14%	1.67%
Weighted-Average Interest Rate Reduction	4.31%	1.25%	2.83%	1.25%
Weighted-Average Term Extension (in Months)	9 months	7 months	17 months	8 months
Weighted-Average Payment Deferral	$ 1	$ 0	$ 1	$ 0
Commercial | Commercial real estate | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				262		590
Commercial | Commercial real estate | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				55		30
Commercial | Commercial real estate | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		63
Commercial | Commercial real estate | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Commercial | Commercial real estate | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				175		287
Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 54	$ 43	$ 163	$ 108		215
Total as a % of Loan Class	0.08%	0.06%	0.23%	0.15%
Retail | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				$ 69		130
Retail | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				1		8
Retail | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				5		5
Retail | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				13		16
Retail | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				20		56
Retail | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 22	$ 33	$ 86	$ 81		111
Total as a % of Loan Class	0.07%	0.11%	0.27%	0.26%
Weighted-Average Interest Rate Reduction	1.52%	0.98%	1.59%	1.55%
Weighted-Average Term Extension (in Months)	94 months	47 months	92 months	48 months
Weighted-Average Payment Deferral	$ 0	$ 0	$ 0	$ 0
Retail | Residential mortgages | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				52		73
Retail | Residential mortgages | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		6
Retail | Residential mortgages | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				5		4
Retail | Residential mortgages | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				13		16
Retail | Residential mortgages | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				11		12
Retail | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 7	$ 3	$ 14	$ 10		19
Total as a % of Loan Class	0.04%	0.02%	0.09%	0.07%
Weighted-Average Interest Rate Reduction	4.32%	2.51%	4.03%	2.24%
Weighted-Average Term Extension (in Months)	51 months	133 months	75 months	127 months
Weighted-Average Payment Deferral	$ 0	$ 0	$ 0	$ 0
Retail | Home equity | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				3		11
Retail | Home equity | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Home equity | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Home equity | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Home equity | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				7		8
Retail | Automobile
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 0	$ 0	$ 0	$ 0		0
Total as a % of Loan Class	0%	0%	0%	0%
Weighted-Average Interest Rate Reduction	0%	0%	0%	3.47%
Weighted-Average Term Extension (in Months)				20 months
Weighted-Average Payment Deferral	$ 0	$ 0	$ 0	$ 0
Retail | Automobile | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Automobile | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Automobile | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Automobile | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Automobile | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Education
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 20	$ 4	$ 50	$ 9		70
Total as a % of Loan Class	0.18%	0.03%	0.45%	0.07%
Weighted-Average Interest Rate Reduction	4.44%	4.95%	4.42%	4.97%
Weighted-Average Term Extension (in Months)	24 months		24 months
Weighted-Average Payment Deferral	$ 0	$ 0	$ 0	$ 0
Retail | Education | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				8		34
Retail | Education | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		1
Retail | Education | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Education | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Education | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				1		35
Retail | Other retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 5	$ 3	$ 13	$ 8		15
Total as a % of Loan Class	0.10%	0.06%	0.27%	0.16%
Weighted-Average Interest Rate Reduction	20.79%	18.86%	20.23%	18.45%
Weighted-Average Payment Deferral	$ 0	$ 0	$ 0	$ 0
Retail | Other retail | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				6		12
Retail | Other retail | 30-59
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				1		1
Retail | Other retail | 60-89
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		1
Retail | Other retail | 90+
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				0		0
Retail | Other retail | Nonaccrual
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis				1		$ 1
Interest Rate Reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	11	9	29	22
Interest Rate Reduction | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Interest Rate Reduction | Commercial | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Interest Rate Reduction | Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Interest Rate Reduction | Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	11	9	29	22
Interest Rate Reduction | Retail | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	1	2	4	6
Interest Rate Reduction | Retail | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	2	1	3	1
Interest Rate Reduction | Retail | Automobile
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Interest Rate Reduction | Retail | Education
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	3	3	9	7
Interest Rate Reduction | Retail | Other retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	5	3	13	8
Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	248	305	751	780
Term Extension | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	231	279	684	717
Term Extension | Commercial | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	75	148	179	263
Term Extension | Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	156	131	505	454
Term Extension | Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	17	26	67	63
Term Extension | Retail | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	15	25	63	59
Term Extension | Retail | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	1	1	2	4
Term Extension | Retail | Automobile
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Term Extension | Retail | Education
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	1	0	2	0
Term Extension | Retail | Other retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	65	48	234	80
Payment Delay | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	48	47	186	78
Payment Delay | Commercial | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	25	47	86	78
Payment Delay | Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	23	0	100	0
Payment Delay | Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	17	1	48	2
Payment Delay | Retail | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	1	0	9	0
Payment Delay | Retail | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Payment Delay | Retail | Automobile
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Payment Delay | Retail | Education
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	16	1	39	2
Payment Delay | Retail | Other retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Principal Forgiveness
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Principal Forgiveness | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Principal Forgiveness | Commercial | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Amount of Principal Forgiven	0	0	0	0
Principal Forgiveness | Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Amount of Principal Forgiven	0	0	0	0
Principal Forgiveness | Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Principal Forgiveness | Retail | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Amount of Principal Forgiven	0	0	0	0
Principal Forgiveness | Retail | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Amount of Principal Forgiven	0	0	0	0
Principal Forgiveness | Retail | Automobile
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Amount of Principal Forgiven	0	0	0	0
Principal Forgiveness | Retail | Education
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Amount of Principal Forgiven	0	0	0	0
Principal Forgiveness | Retail | Other retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Amount of Principal Forgiven	1	1	5	4
Interest Rate Reduction and Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	76	44	148	59
Interest Rate Reduction and Term Extension | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	68	37	131	38
Interest Rate Reduction and Term Extension | Commercial | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	1	0	1	1
Interest Rate Reduction and Term Extension | Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	67	37	130	37
Interest Rate Reduction and Term Extension | Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	8	7	17	21
Interest Rate Reduction and Term Extension | Retail | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	4	6	8	16
Interest Rate Reduction and Term Extension | Retail | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	4	1	9	5
Interest Rate Reduction and Term Extension | Retail | Automobile
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Interest Rate Reduction and Term Extension | Retail | Education
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Interest Rate Reduction and Term Extension | Retail | Other retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Term Extension and Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	98	2	168	3
Term Extension and Payment Delay | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	97	2	167	3
Term Extension and Payment Delay | Commercial | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	3	1	23	2
Term Extension and Payment Delay | Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	94	1	144	1
Term Extension and Payment Delay | Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	1	0	1	0
Term Extension and Payment Delay | Retail | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	1	0	1	0
Term Extension and Payment Delay | Retail | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Term Extension and Payment Delay | Retail | Automobile
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Term Extension and Payment Delay | Retail | Education
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	0	0	0	0
Term Extension and Payment Delay | Retail | Other retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis	$ 0	$ 0	0	$ 0
Interest Rate Reduction, Term Extension and Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			1
Interest Rate Reduction, Term Extension and Payment Delay | Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			0
Interest Rate Reduction, Term Extension and Payment Delay | Commercial | Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			0
Interest Rate Reduction, Term Extension and Payment Delay | Commercial | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			0
Interest Rate Reduction, Term Extension and Payment Delay | Retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			1
Interest Rate Reduction, Term Extension and Payment Delay | Retail | Residential mortgages
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			1
Interest Rate Reduction, Term Extension and Payment Delay | Retail | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			0
Interest Rate Reduction, Term Extension and Payment Delay | Retail | Automobile
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			0
Interest Rate Reduction, Term Extension and Payment Delay | Retail | Education
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			0
Interest Rate Reduction, Term Extension and Payment Delay | Retail | Other retail
Financing Receivable, Troubled Debt Restructuring [Line Items]
Amortized cost basis			$ 0

CREDIT QUALITY AND THE ALLOWA_8

CREDIT QUALITY AND THE ALLOWANCE FOR CREDIT LOSSES - Troubled Debt Restructurings, Modified Default (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	$ 128	$ 57	$ 224	$ 86
Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	3	1	6	1
Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	89	48	166	77
Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	21	1	34	1
Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		7	2	7
Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	15		16
Commercial
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	115	41	181	70
Commercial | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	1	0	1	0
Commercial | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	78	41	144	70
Commercial | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	21	0	21	0
Commercial | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		0	0	0
Commercial | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	15		15
Commercial | Commercial and industrial
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	19	0	19	3
Commercial | Commercial and industrial | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	1	0	1	0
Commercial | Commercial and industrial | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	3	0	3	3
Commercial | Commercial and industrial | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Commercial | Commercial and industrial | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		0	0	0
Commercial | Commercial and industrial | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	15		15
Commercial | Commercial real estate
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	96	41	162	67
Commercial | Commercial real estate | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Commercial | Commercial real estate | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	75	41	141	67
Commercial | Commercial real estate | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	21	0	21	0
Commercial | Commercial real estate | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		0	0	0
Commercial | Commercial real estate | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0		0
Retail
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	13	16	43	16
Retail | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	2	1	5	1
Retail | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	11	7	22	7
Retail | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	1	13	1
Retail | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		7	2	7
Retail | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0		1
Retail | Residential mortgages
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	11	12	25	12
Retail | Residential mortgages | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	1	0	1
Retail | Residential mortgages | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	11	6	22	6
Retail | Residential mortgages | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	1	0
Retail | Residential mortgages | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		5	1	5
Retail | Residential mortgages | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0		1
Retail | Home equity
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	3	1	3
Retail | Home equity | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Home equity | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	1	0	1
Retail | Home equity | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Home equity | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		2	1	2
Retail | Home equity | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0		0
Retail | Automobile
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Automobile | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Automobile | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Automobile | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Automobile | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		0	0	0
Retail | Automobile | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0		0
Retail | Education
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	1	1	16	1
Retail | Education | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	1	0	4	0
Retail | Education | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Education | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	1	12	1
Retail | Education | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		0	0	0
Retail | Education | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0		0
Retail | Other retail
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	1	0	1	0
Retail | Other retail | Interest Rate Reduction
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	1	0	1	0
Retail | Other retail | Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Other retail | Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	0	0	0	0
Retail | Other retail | Interest Rate Reduction and Term Extension
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default		$ 0	0	$ 0
Retail | Other retail | Term Extension and Payment Delay
Financing Receivable, Modified, Subsequent Default [Line Items]
Amortized cost basis of modified loans that are in subsequent default	$ 0		$ 0

MORTGAGE BANKING AND OTHER SE_3

MORTGAGE BANKING AND OTHER SERVICED LOANS - Residential Mortgage Loan Sales (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Residential mortgages
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Cash proceeds from residential mortgage loans sold with servicing retained	$ 2,137	$ 3,270	$ 5,432	$ 7,358
Mortgage banking fees
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Gain on sales	17	19	47	60
Contractually specified servicing, late and other ancillary fees	$ 79	$ 76	$ 235	$ 230

MORTGAGE BANKING AND OTHER SE_4

MORTGAGE BANKING AND OTHER SERVICED LOANS - Narrative (Details) - USD ($) $ in Billions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Residential mortgages
Accounts, Notes, Loans and Financing Receivable [Line Items]
MSR loans	$ 96.1	$ 97.4
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Sensitivity analysis, basis spread	10%
Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Sensitivity analysis, basis spread	20%

MORTGAGE BANKING AND OTHER SE_5

MORTGAGE BANKING AND OTHER SERVICED LOANS - Changes Related to MSRs - Fair Value Method (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
MSRs
Fair value as of beginning of the period			$ 1,552
Fair value at end of the period	$ 1,501		1,501
Residential mortgages
MSRs
Fair value as of beginning of the period	1,568	$ 1,524	1,552	$ 1,530
Amounts capitalized	28	47	71	104
Changes in unpaid principal balance during the period	(46)	(42)	(135)	(124)
Changes in fair value during the period	(49)	91	13	110
Fair value at end of the period	$ 1,501	$ 1,620	$ 1,501	$ 1,620

MORTGAGE BANKING AND OTHER SE_6

MORTGAGE BANKING AND OTHER SERVICED LOANS - Economic Assumptions Used to Estimate Value of MSRs (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value [Abstract]
Fair value	$ 1,501	$ 1,552
Weighted average life (years)	8 years 3 months 18 days	8 years 9 months 18 days
Weighted average constant prepayment rate	8.30%	7.20%
Weighted average option adjusted spread	6.34%	6.30%
Minimum
Servicing Assets at Fair Value [Line Items]
Sensitivity analysis, basis spread	10%
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value [Abstract]
Decline in fair value from 10% adverse change	$ 40	$ 37
Decline in fair value from 10% adverse change	$ 42	43
Maximum
Servicing Assets at Fair Value [Line Items]
Sensitivity analysis, basis spread	20%
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value [Abstract]
Decline in fair value from 20% adverse change	$ 76	71
Decline in fair value from 20% adverse change	$ 85	$ 87

MORTGAGE BANKING AND OTHER SE_7

MORTGAGE BANKING AND OTHER SERVICED LOANS - Other Serviced Loans (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Education
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other serviced loans	$ 437	$ 502
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other serviced loans	$ 95	$ 94

VARIABLE INTEREST ENTITIES - Sc

VARIABLE INTEREST ENTITIES - Schedule of Consolidated Variable Interest Entities (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
ASSETS:
Cash and due from banks	[1]	$ 979	$ 1,794
Interest-bearing deposits in banks	[1]	648	405
Net loans and leases	[1]	139,553	143,861
Other assets	[1]	13,236	13,359
TOTAL ASSETS		219,706	221,964
LIABILITIES:
Long-term borrowed funds	[1]	13,944	13,467
Other liabilities	[1]	4,615	4,746
TOTAL LIABILITIES		194,774	197,622
Variable Interest Entity, Primary Beneficiary
ASSETS:
Cash and due from banks		0	13
Interest-bearing deposits in banks		209	106
Net loans and leases		4,432	3,194
Other assets		26	14
TOTAL ASSETS		4,667	3,327
LIABILITIES:
Long-term borrowed funds		3,801	2,692
Other liabilities		10	8
TOTAL LIABILITIES		$ 3,811	$ 2,700
[1]Includes amounts in consolidated VIEs. See Note 6 for additional information.

VARIABLE INTEREST ENTITIES - _2

VARIABLE INTEREST ENTITIES - Schedule of Unconsolidated Variable Interest Entities (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity
Lending to special purpose entities included in loans and leases	[1]	$ 139,553	$ 143,861
Investments included in other assets	[1]	13,236	13,359
LIHTC unfunded commitments included in other liabilities	[1]	4,615	4,746
Asset-backed investments included in HTM securities	[2]	8,738	9,184
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity
Lending to special purpose entities included in loans and leases		3,988	4,760
LIHTC unfunded commitments included in other liabilities		975	1,025
Asset-backed investments included in HTM securities		430	488
Variable Interest Entity, Not Primary Beneficiary | Low Income Housing Tax Credit Partnerships
Variable Interest Entity
Investments included in other assets		2,483	2,444
Variable Interest Entity, Not Primary Beneficiary | Renewable Energy
Variable Interest Entity
Investments included in other assets		268	314
Variable Interest Entity, Not Primary Beneficiary | New Market Tax Credit Investments
Variable Interest Entity
Investments included in other assets		$ 2	$ 3
[1]Includes amounts in consolidated VIEs. See Note 6 for additional information.[2]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.

VARIABLE INTEREST ENTITIES - Na

VARIABLE INTEREST ENTITIES - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Commitments to extend credit | Variable Interest Entity, Not Primary Beneficiary | Special Purpose Entities
Variable Interest Entity
Commitment amount	$ 3,100	$ 2,700
Renewable energy wind investments | Renewable Energy Entities
Variable Interest Entity
Commitment amount	$ 61

VARIABLE INTEREST ENTITIES - _3

VARIABLE INTEREST ENTITIES - Schedule of Affordable Housing Tax Credit Investments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Variable Interest Entity
Income tax expense	$ (88)	$ (119)	$ (272)	$ (406)
Noninterest income	532	492	1,602	1,483
Net income	382	430	1,108	1,419
Variable Interest Entity, Not Primary Beneficiary | Net Income (Loss) Attributable To Parent, Net Benefit
Variable Interest Entity
Net income	30	22	77	65
Variable Interest Entity, Not Primary Beneficiary | Net benefit (expense) included in income tax expense
Variable Interest Entity
Income tax expense	32	22	82	68
Variable Interest Entity, Not Primary Beneficiary | Tax credits recognized
Variable Interest Entity
Income tax expense	99	76	290	250
Variable Interest Entity, Not Primary Beneficiary | Other tax benefits recognized
Variable Interest Entity
Income tax expense	21	17	68	55
Variable Interest Entity, Not Primary Beneficiary | Amortization
Variable Interest Entity
Income tax expense	(88)	(71)	(276)	(237)
Variable Interest Entity, Not Primary Beneficiary | Net benefit (expense) included in noninterest income
Variable Interest Entity
Noninterest income	(2)	0	(5)	(3)
Variable Interest Entity, Not Primary Beneficiary | Other income
Variable Interest Entity
Noninterest income	1	1	4	4
Variable Interest Entity, Not Primary Beneficiary | Allocated income (loss) on investments
Variable Interest Entity
Noninterest income	$ (3)	$ (1)	$ (9)	$ (7)

BORROWED FUNDS - Narrative (Det

BORROWED FUNDS - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Principal balance	$ 14,000	$ 13,600
Unamortized deferred issuance costs and/or discounts	90	74
Hedging basis adjustments	(8)	(17)
Short-term borrowed funds	15	505
Available borrowing capacity	72,300
Federal Home Loan Bank Advances and Letters of Credit | Secured Debt
Debt Instrument [Line Items]
Short-term borrowed funds	5,500	9,200
Federal Home Loan Bank advances
Debt Instrument [Line Items]
Available borrowing capacity	$ 20,400	$ 15,900

BORROWED FUNDS - Long Term Debt

BORROWED FUNDS - Long Term Debt (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term borrowed funds	[1]	$ 13,944	$ 13,467
Parent Company
Debt Instrument [Line Items]
Long-term borrowed funds		$ 6,494
Parent Company | Subordinated Debt | 3.750% fixed-rate subordinated debt, due July 2024
Debt Instrument [Line Items]
Interest rate		3.75%
Long-term borrowed funds		$ 0	90
Parent Company | Subordinated Debt | 4.023% fixed-rate subordinated debt, due October 2024
Debt Instrument [Line Items]
Interest rate		4.023%
Long-term borrowed funds		$ 17	17
Parent Company | Subordinated Debt | 4.350% fixed-rate subordinated debt, due August 2025
Debt Instrument [Line Items]
Interest rate		4.35%
Long-term borrowed funds		$ 133	133
Parent Company | Subordinated Debt | 4.300% fixed-rate subordinated debt, due December 2025
Debt Instrument [Line Items]
Interest rate		4.30%
Long-term borrowed funds		$ 336	336
Parent Company | Subordinated Debt | 3.750% fixed-rate reset subordinated debt, due February 2031
Debt Instrument [Line Items]
Interest rate		3.75%
Long-term borrowed funds		$ 69	69
Parent Company | Subordinated Debt | 4.300% fixed-rate reset subordinated debt, due February 2031
Debt Instrument [Line Items]
Interest rate		4.30%
Long-term borrowed funds		$ 135	135
Parent Company | Subordinated Debt | 4.350% fixed-rate reset subordinated debt, due February 2031
Debt Instrument [Line Items]
Interest rate		4.35%
Long-term borrowed funds		$ 60	60
Parent Company | Subordinated Debt | 5.718% fixed/floating-rate senior unsecured notes, due July 2032
Debt Instrument [Line Items]
Interest rate		5.718%
Long-term borrowed funds		$ 1,243	0
Parent Company | Subordinated Debt | 2.638% fixed-rate subordinated debt, due September 2032
Debt Instrument [Line Items]
Interest rate		2.638%
Long-term borrowed funds		$ 568	563
Parent Company | Subordinated Debt | 6.645% fixed/floating-rate senior unsecured notes, due April 2035
Debt Instrument [Line Items]
Interest rate		6.645%
Long-term borrowed funds		$ 745	0
Parent Company | Subordinated Debt | 5.641% fixed-rate reset subordinated debt, due May 2037
Debt Instrument [Line Items]
Interest rate		5.641%
Long-term borrowed funds		$ 398	398
Parent Company | Senior Unsecured Notes | 2.850% fixed-rate senior unsecured notes, due July 2026
Debt Instrument [Line Items]
Interest rate		2.85%
Long-term borrowed funds		$ 499	499
Parent Company | Senior Unsecured Notes | 5.841% fixed/floating-rate senior unsecured notes, due January 2030
Debt Instrument [Line Items]
Interest rate		5.841%
Long-term borrowed funds		$ 1,245	0
Parent Company | Senior Unsecured Notes | 2.500% fixed-rate senior unsecured notes, due February 2030
Debt Instrument [Line Items]
Interest rate		2.50%
Long-term borrowed funds		$ 299	298
Parent Company | Senior Unsecured Notes | 3.250% fixed-rate senior unsecured notes, due April 2030
Debt Instrument [Line Items]
Interest rate		3.25%
Long-term borrowed funds		$ 747	746
CBNA and Other Subsidiaries
Debt Instrument [Line Items]
Long-term borrowed funds		$ 7,450
CBNA and Other Subsidiaries | Senior Unsecured Notes | 2.250% senior unsecured notes, due April 2025
Debt Instrument [Line Items]
Interest rate		2.25%
Long-term borrowed funds		$ 749	749
CBNA and Other Subsidiaries | Senior Unsecured Notes | 4.119% fixed/floating-rate senior unsecured notes, due May 2025(1)
Debt Instrument [Line Items]
Interest rate		4.119%
Long-term borrowed funds		$ 0	649
CBNA and Other Subsidiaries | Senior Unsecured Notes | 6.064% fixed/floating-rate senior unsecured notes, due October 2025
Debt Instrument [Line Items]
Interest rate		6.064%
Long-term borrowed funds		$ 600	599
CBNA and Other Subsidiaries | Senior Unsecured Notes | 5.284% fixed/floating-rate senior unsecured notes, due January 2026
Debt Instrument [Line Items]
Interest rate		5.284%
Long-term borrowed funds		$ 350	349
CBNA and Other Subsidiaries | Senior Unsecured Notes | 3.750% senior unsecured notes, due February 2026
Debt Instrument [Line Items]
Interest rate		3.75%
Long-term borrowed funds		$ 491	483
CBNA and Other Subsidiaries | Senior Unsecured Notes | 4.575% fixed/floating-rate senior unsecured notes, due August 2028
Debt Instrument [Line Items]
Interest rate		4.575%
Long-term borrowed funds		$ 798	798
CBNA and Other Subsidiaries | Federal Home Loan Bank advances
Debt Instrument [Line Items]
Weighted average rate		4.864%
Long-term borrowed funds		$ 553	3,786
CBNA and Other Subsidiaries | Secured Debt
Debt Instrument [Line Items]
Securitized borrowings, weighted average interest rate		5.785%
Long-term borrowed funds		$ 3,887	2,692
CBNA and Other Subsidiaries | Other
Debt Instrument [Line Items]
Long-term borrowed funds		$ 22	$ 18
[1]Includes amounts in consolidated VIEs. See Note 6 for additional information.

BORROWED FUNDS - Maturities of

BORROWED FUNDS - Maturities of Long-term Borrowed Funds (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
2024		$ 17
2025		1,945
2026		3,330
2027		8
2028		2,696
2029 and thereafter		5,948
Total	[1]	13,944	$ 13,467
Parent Company
Debt Instrument [Line Items]
2024		17
2025		469
2026		499
2027		0
2028		0
2029 and thereafter		5,509
Total		6,494
CBNA and Other Subsidiaries
Debt Instrument [Line Items]
2024		0
2025		1,476
2026		2,831
2027		8
2028		2,696
2029 and thereafter		439
Total		$ 7,450
[1]Includes amounts in consolidated VIEs. See Note 6 for additional information.

DERIVATIVES - Schedule of Deriv

DERIVATIVES - Schedule of Derivative Instruments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivatives, Fair Value [Line Items]
Notional Amount	$ 278,840	$ 309,553
Derivative Assets
Derivative assets	1,581	1,593
Less: Gross amounts offset in the Consolidated Balance Sheets	(405)	(471)
Less: Cash collateral applied	(590)	(682)
Total net derivatives presented in the Consolidated Balance Sheets	586	440
Derivative Liabilities
Derivative liabilities	1,543	2,183
Less: Gross amounts offset in the Consolidated Balance Sheets	(405)	(471)
Less: Cash collateral applied	(126)	(150)
Total net derivatives presented in the Consolidated Balance Sheets	1,012	1,562
Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Notional Amount	220,695	222,658
Derivative Assets
Derivative assets	1,254	1,420
Derivative Liabilities
Derivative liabilities	1,493	2,139
Interest rate contracts
Derivative Assets
Derivative assets	665	464
Derivative Liabilities
Derivative liabilities	740	1,149
Interest rate contracts | Derivatives designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Notional Amount	58,145	86,895
Derivative Assets
Derivative assets	327	173
Derivative Liabilities
Derivative liabilities	50	44
Interest rate contracts | Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Notional Amount	183,770	185,993
Derivative Assets
Derivative assets	338	291
Derivative Liabilities
Derivative liabilities	690	1,105
Foreign exchange contracts
Derivative Assets
Derivative assets	371	434
Derivative Liabilities
Derivative liabilities	306	378
Foreign exchange contracts | Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Notional Amount	31,579	32,528
Derivative Assets
Derivative assets	371	434
Derivative Liabilities
Derivative liabilities	306	378
Commodities contracts
Derivative Assets
Derivative assets	536	685
Derivative Liabilities
Derivative liabilities	476	640
Commodities contracts | Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Notional Amount	1,136	1,251
Derivative Assets
Derivative assets	536	685
Derivative Liabilities
Derivative liabilities	476	640
TBA contracts
Derivative Assets
Derivative assets	3	3
Derivative Liabilities
Derivative liabilities	12	16
TBA contracts | Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Notional Amount	3,357	2,337
Derivative Assets
Derivative assets	3	3
Derivative Liabilities
Derivative liabilities	12	16
Other contracts
Derivative Assets
Derivative assets	6	7
Derivative Liabilities
Derivative liabilities	9	0
Other contracts | Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Notional Amount	853	549
Derivative Assets
Derivative assets	6	7
Derivative Liabilities
Derivative liabilities	$ 9	$ 0

DERIVATIVES - Schedule of Fair

DERIVATIVES - Schedule of Fair Value Hedges (Details) - Interest rate swap - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest And Dividend Income, Investment Securities
Derivative Instruments, Gain (Loss) [Line Items]
Hedged items	$ 302	$ (16)	$ 128	$ (28)
Derivatives	(306)	16	(127)	28
Amounts related to interest settlements on derivatives	34	3	87	4
Total net interest income recognized on fair value hedges	30	3	88	4
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Hedged items	(8)	1	(8)	0
Derivatives	8	(1)	8	0
Amounts related to interest settlements on derivatives	(4)	(4)	(11)	(12)
Total net interest income recognized on fair value hedges	$ (4)	$ (4)	$ (11)	$ (12)

DERIVATIVES - Narrative (Detail

DERIVATIVES - Narrative (Details) $ in Millions	Sep. 30, 2024 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net loss (pre-tax) on derivatives expected to be reclassified in next 12 months	$ 621

DERIVATIVES - Amounts Recorded

DERIVATIVES - Amounts Recorded in Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Cumulative amount of fair value hedging adjustments included in the carrying amount of the hedged items	$ (8)	$ (17)
Closed Portfolios
Derivative [Line Items]
Carrying amount of hedged assets	4,800	4,000
Amortized cost	6,700	5,900
Cumulative basis adjustment	95	39
Total debt securities available for sale, at fair value
Derivative [Line Items]
Carrying amount of hedged assets	10,510	7,253
Cumulative amount of fair value hedging adjustments included in the carrying amount of the hedged assets	176	60
Long-term borrowed funds
Derivative [Line Items]
Carrying amount of hedged liabilities	491	483
Cumulative amount of fair value hedging adjustments included in the carrying amount of the hedged items	$ (8)	$ (17)

DERIVATIVES - Effect of Derivat

DERIVATIVES - Effect of Derivative Instruments on Net Income and Stockholders' Equity (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax net gains (losses) recognized in OCI	$ 613	$ (326)	$ (114)	$ (773)
Interest Income
Derivative Instruments, Gain (Loss) [Line Items]
Amount of pretax net gains (losses) from OCI into income statement	(276)	(156)	(711)	(420)
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of pretax net gains (losses) from OCI into income statement	$ 0	$ (1)	$ 0	$ 0

DERIVATIVES - Effect of Custome

DERIVATIVES - Effect of Customer Derivatives and Economic Hedges on Net Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	$ 0	$ 19	$ 22	$ 33
Economic hedges | Customer interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	474	(448)	(209)	(1,028)
Economic hedges | Derivatives hedging interest rate risk
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	(467)	460	233	1,068
Economic hedges | Customer foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	151	(77)	18	(72)
Economic hedges | Derivatives hedging foreign exchange risk
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	(195)	141	(13)	121
Economic hedges | Customer commodity contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	(193)	168	(126)	(401)
Economic hedges | Derivatives hedging commodity price risk
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	198	(158)	141	430
Economic hedges | Residential loan commitments
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	9	(21)	2	(39)
Economic hedges | Derivatives hedging residential loan commitments and mortgage loans held for sale, at fair value
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	(24)	30	(15)	45
Economic hedges | Derivative contracts used to hedge residential MSRs
Derivative Instruments, Gain (Loss) [Line Items]
Amounts recognized in noninterest income	$ 47	$ (76)	$ (9)	$ (91)

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	$ 23,869	$ 23,585	$ 24,342	$ 23,690
Other comprehensive income (loss) before reclassifications	991	(826)	259	(1,070)
Amounts reclassified to the Consolidated Statements of Operations	218	146	573	387
Total other comprehensive income (loss), net of income taxes	1,209	(680)	832	(683)
Ending balance	24,932	22,878	24,932	22,878
Total AOCI
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(4,135)	(4,563)	(3,758)	(4,560)
Total other comprehensive income (loss), net of income taxes	1,209	(680)	832	(683)
Ending balance	(2,926)	(5,243)	(2,926)	(5,243)
Net Unrealized Gains (Losses) on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(1,302)	(1,553)	(1,087)	(1,416)
Other comprehensive income (loss) before reclassifications	450	(248)	(84)	(580)
Amounts reclassified to the Consolidated Statements of Operations	203	120	522	315
Total other comprehensive income (loss), net of income taxes	653	(128)	438	(265)
Ending balance	(649)	(1,681)	(649)	(1,681)
Net Unrealized Gains (Losses) on Investment Securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(2,511)	(2,643)	(2,338)	(2,771)
Other comprehensive income (loss) before reclassifications	541	(578)	339	(490)
Amounts reclassified to the Consolidated Statements of Operations	13	23	42	63
Total other comprehensive income (loss), net of income taxes	554	(555)	381	(427)
Ending balance	(1,957)	(3,198)	(1,957)	(3,198)
Defined Benefit Plans
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(322)	(367)	(333)	(373)
Other comprehensive income (loss) before reclassifications	0	0	4	0
Amounts reclassified to the Consolidated Statements of Operations	2	3	9	9
Total other comprehensive income (loss), net of income taxes	2	3	13	9
Ending balance	$ (320)	$ (364)	$ (320)	$ (364)

STOCKHOLDERS' EQUITY - Authoriz

STOCKHOLDERS' EQUITY - Authorized Preferred Shares (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2024	May 23, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 25		$ 25
Preferred stock, authorized (in shares)	100,000,000		100,000,000
Preferred stock:
Preferred stock, issued (in shares)	2,150,000		2,050,000
Preferred stock, value, issued	$ 2,112		$ 2,014
Series B
Preferred stock:
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Preferred stock, issued (in shares)	300,000		300,000
Preferred stock, value, issued	$ 296		$ 296
Series C
Preferred stock:
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Preferred stock, issued (in shares)	300,000		300,000
Preferred stock, value, issued	$ 297		$ 297
Series D
Preferred stock:
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Preferred stock, issued (in shares)	0		300,000
Preferred stock, value, issued	$ 0		$ 293
Liquidation preference per depository share (usd per share)	$ 25
Depositary shares issued (in shares)	12,000,000
Depository share interest percentage	2.50%
Series E
Preferred stock:
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Preferred stock, issued (in shares)	450,000		450,000
Preferred stock, value, issued	$ 437		$ 437
Liquidation preference per depository share (usd per share)	$ 25
Depositary shares issued (in shares)	18,000,000
Depository share interest percentage	2.50%
Series F
Preferred stock:
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Preferred stock, issued (in shares)	400,000		400,000
Preferred stock, value, issued	$ 395		$ 395
Series G
Preferred stock:
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Preferred stock, issued (in shares)	300,000		300,000
Preferred stock, value, issued	$ 296		$ 296
Series H
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)		$ 25
Preferred stock:
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, issued (in shares)	400,000	400,000	0
Preferred stock, value, issued	$ 391	$ 400	$ 0
Depositary shares issued (in shares)	16,000,000
Depository share interest percentage	2.50%

STOCKHOLDERS' EQUITY - Narrativ

STOCKHOLDERS' EQUITY - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions		1 Months Ended
	May 23, 2024	May 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Preferred stock, value, issued			$ 2,112	$ 2,014
Preferred stock, issued (in shares)			2,150,000	2,050,000
Preferred stock, par value (in dollars per share)			$ 25	$ 25
Series H
Class of Stock [Line Items]
Preferred stock, value, issued	$ 400		$ 391	$ 0
Preferred stock, issued (in shares)	400,000		400,000	0
Preferred stock, dividend rate		9.205%
Preferred stock, par value (in dollars per share)	$ 25
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000		$ 1,000
Proceeds from issuance of stock	$ 391
Redemption option regulatory capital treatment event window	90 days
Series D
Class of Stock [Line Items]
Preferred stock, value, issued			$ 0	$ 293
Preferred stock, issued (in shares)			0	300,000
Preferred stock, dividend rate	7.375%
Preferred stock, liquidation preference per share (in dollars per share)			$ 1,000

STOCKHOLDERS' EQUITY - Dividend

STOCKHOLDERS' EQUITY - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Common stock
Dividends declared per share of common stock (in usd per share)	$ 0.42	$ 0.42	$ 1.26	$ 1.26
Dividends Declared	$ 190	$ 199	$ 581	$ 609
Dividends Paid	190	199	581	609
Preferred stock
Dividends Declared	38	30	103	87
Dividends Paid	$ 35	$ 32	$ 96	$ 89
Series B
Preferred stock
Dividends declared per share of preferred stock (in usd per share)	$ 21.68	$ 21.81	$ 65.06	$ 51.81
Dividends Declared	$ 6	$ 7	$ 19	$ 16
Dividends Paid	$ 7	$ 9	$ 20	$ 18
Series C
Preferred stock
Dividends declared per share of preferred stock (in usd per share)	$ 22.07	$ 15.93	$ 60.54	$ 47.81
Dividends Declared	$ 6	$ 4	$ 18	$ 14
Dividends Paid	$ 6	$ 4	$ 16	$ 14
Series D
Preferred stock
Dividends declared per share of preferred stock (in usd per share)	$ 0	$ 15.88	$ 39.66	$ 47.63
Dividends Declared	$ 0	$ 4	$ 12	$ 14
Dividends Paid	$ 7	$ 4	$ 17	$ 14
Series E
Preferred stock
Dividends declared per share of preferred stock (in usd per share)	$ 12.50	$ 12.50	$ 37.50	$ 37.50
Dividends Declared	$ 6	$ 6	$ 17	$ 17
Dividends Paid	$ 6	$ 6	$ 17	$ 17
Series F
Preferred stock
Dividends declared per share of preferred stock (in usd per share)	$ 14.13	$ 14.13	$ 42.38	$ 42.38
Dividends Declared	$ 6	$ 6	$ 17	$ 17
Dividends Paid	$ 6	$ 6	$ 17	$ 17
Series G
Preferred stock
Dividends declared per share of preferred stock (in usd per share)	$ 10	$ 10	$ 30	$ 30
Dividends Declared	$ 3	$ 3	$ 9	$ 9
Dividends Paid	$ 3	$ 3	$ 9	$ 9
Series H
Preferred stock
Dividends declared per share of preferred stock (in usd per share)	$ 27.25	$ 0	$ 27.25	$ 0
Dividends Declared	$ 11	$ 0	$ 11	$ 0
Dividends Paid	$ 0	$ 0	$ 0	$ 0

STOCKHOLDERS' EQUITY - Treasury

STOCKHOLDERS' EQUITY - Treasury Stock Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Equity [Abstract]
Treasury stock purchased	$ 325	$ 250	$ 825	$ 906
Treasury stock purchased (in shares)			23,006,560	28,472,450

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Schedule of Outstanding Off-balance sheet Arrangements (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Other Commitments [Line Items]
Commitment amount	$ 93,646	$ 96,295
Commitments to extend credit
Other Commitments [Line Items]
Commitment amount	91,728	94,201
Letters of credit
Other Commitments [Line Items]
Commitment amount	1,796	1,977
Loans sold with recourse
Other Commitments [Line Items]
Commitment amount	96	96
Marketing rights
Other Commitments [Line Items]
Commitment amount	15	18
Risk participation agreements
Other Commitments [Line Items]
Commitment amount	$ 11	$ 3

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Narrative (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2003
Minimum
Risk Participation Agreements [Abstract]
Risk participation agreements, average term	1 year
Maximum
Risk Participation Agreements [Abstract]
Risk participation agreements, average term	9 years
Marketing rights
Marketing Rights [Abstract]
Commitment period		25 years
Financial standby letters of credit
Letters of Credit [Abstract]
Letters of credit outstanding, term	2 years
Commercial letters of credit
Letters of Credit [Abstract]
Letters of credit outstanding, term	1 year

FAIR VALUE MEASUREMENTS - Resid

FAIR VALUE MEASUREMENTS - Residential Mortgage and Commercial Real Estate Loans Held For Sale (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Aggregate Fair Value	$ 614	$ 676
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Aggregate Fair Value	614	676
Level 2 | Residential mortgage loans held for sale, at fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Aggregate Fair Value	573	614
Aggregate Unpaid Principal	558	593
Aggregate Fair Value Greater (Less) Than Aggregate Unpaid Principal	15	21
Level 2 | Commercial and industrial, and commercial real estate loans held for sale, at fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Aggregate Fair Value	41	62
Aggregate Unpaid Principal	47	69
Aggregate Fair Value Greater (Less) Than Aggregate Unpaid Principal	$ (6)	$ (7)

FAIR VALUE MEASUREMENTS - Sched

FAIR VALUE MEASUREMENTS - Schedule of Fair Value Measurements (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Assets
Fair Value	[1]	$ 32,835	$ 29,777
Loans held for sale, at fair value		614	676
Mortgage servicing rights		1,501	1,552
Derivative assets		1,581	1,593
Equity securities, at fair value		145	115
Short-term investments		69
Total assets		36,745	33,713
Liabilities
Total derivative liabilities		1,543	2,183
Short-term borrowed funds		15
Total liabilities		1,558	2,183
Equity securities excluded from investments		203	173
Interest rate contracts
Assets
Derivative assets		665	464
Liabilities
Total derivative liabilities		740	1,149
Foreign exchange contracts
Assets
Derivative assets		371	434
Liabilities
Total derivative liabilities		306	378
Commodities contracts
Assets
Derivative assets		536	685
Liabilities
Total derivative liabilities		476	640
TBA contracts
Assets
Derivative assets		3	3
Liabilities
Total derivative liabilities		12	16
Other contracts
Assets
Derivative assets		6	7
Liabilities
Total derivative liabilities		9	0
Level 1
Assets
Fair Value		4,689	4,380
Loans held for sale, at fair value		0	0
Derivative assets		0	0
Equity securities, at fair value		145	115
Short-term investments		40
Total assets		4,874	4,495
Liabilities
Total derivative liabilities		0	0
Short-term borrowed funds		0
Total liabilities		0	0
Level 1 | Interest rate contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 1 | Foreign exchange contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 1 | Commodities contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 1 | TBA contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 1 | Other contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 2
Assets
Fair Value		28,146	25,397
Loans held for sale, at fair value		614	676
Derivative assets		1,575	1,586
Equity securities, at fair value		0	0
Short-term investments		29
Total assets		30,364	27,659
Liabilities
Total derivative liabilities		1,534	2,183
Short-term borrowed funds		15
Total liabilities		1,549	2,183
Level 2 | Interest rate contracts
Assets
Derivative assets		665	464
Liabilities
Total derivative liabilities		740	1,149
Level 2 | Foreign exchange contracts
Assets
Derivative assets		371	434
Liabilities
Total derivative liabilities		306	378
Level 2 | Commodities contracts
Assets
Derivative assets		536	685
Liabilities
Total derivative liabilities		476	640
Level 2 | TBA contracts
Assets
Derivative assets		3	3
Liabilities
Total derivative liabilities		12	16
Level 2 | Other contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 3
Assets
Fair Value		0	0
Loans held for sale, at fair value		0	0
Derivative assets		6	7
Equity securities, at fair value		0	0
Short-term investments		0
Total assets		1,507	1,559
Liabilities
Total derivative liabilities		9	0
Short-term borrowed funds		0
Total liabilities		9	0
Level 3 | Interest rate contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 3 | Foreign exchange contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 3 | Commodities contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 3 | TBA contracts
Assets
Derivative assets		0	0
Liabilities
Total derivative liabilities		0	0
Level 3 | Other contracts
Assets
Derivative assets		6	7
Liabilities
Total derivative liabilities		9	0
Fair Value Measured at Net Asset Value Per Share
Liabilities
Equity securities excluded from investments		58	58
Unfunded capital commitments		24	28
Mortgage-backed securities
Assets
Fair Value		27,911	24,732
Mortgage-backed securities | Level 1
Assets
Fair Value		0	0
Mortgage-backed securities | Level 2
Assets
Fair Value		27,911	24,732
Mortgage-backed securities | Level 3
Assets
Fair Value		0	0
Collateralized loan obligations
Assets
Fair Value		234	664
Collateralized loan obligations | Level 1
Assets
Fair Value		0	0
Collateralized loan obligations | Level 2
Assets
Fair Value		234	664
Collateralized loan obligations | Level 3
Assets
Fair Value		0	0
State and political subdivisions
Assets
Fair Value		1	1
State and political subdivisions | Level 1
Assets
Fair Value		0	0
State and political subdivisions | Level 2
Assets
Fair Value		1	1
State and political subdivisions | Level 3
Assets
Fair Value		0	0
U.S. Treasury and other
Assets
Fair Value		4,689	4,380
U.S. Treasury and other | Level 1
Assets
Fair Value		4,689	4,380
U.S. Treasury and other | Level 2
Assets
Fair Value		0	0
U.S. Treasury and other | Level 3
Assets
Fair Value		0	0
Residential loans held for sale
Assets
Loans held for sale, at fair value		573	614
Residential loans held for sale | Level 1
Assets
Loans held for sale, at fair value		0	0
Residential loans held for sale | Level 2
Assets
Loans held for sale, at fair value		573	614
Residential loans held for sale | Level 3
Assets
Loans held for sale, at fair value		0	0
Commercial loans held for sale
Assets
Loans held for sale, at fair value		41	62
Commercial loans held for sale | Level 1
Assets
Loans held for sale, at fair value		0	0
Commercial loans held for sale | Level 2
Assets
Loans held for sale, at fair value		41	62
Commercial loans held for sale | Level 3
Assets
Loans held for sale, at fair value		0	0
Mortgage servicing rights
Assets
Mortgage servicing rights		1,501	1,552
Mortgage servicing rights | Level 1
Assets
Mortgage servicing rights		0	0
Mortgage servicing rights | Level 2
Assets
Mortgage servicing rights		0	0
Mortgage servicing rights | Level 3
Assets
Mortgage servicing rights		$ 1,501	$ 1,552
[1]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.

FAIR VALUE MEASUREMENTS - Sch_2

FAIR VALUE MEASUREMENTS - Schedule of Assets Measured on Recurring Basis Level 3 Rollforward (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 1,568	$ 1,524	$ 1,552	$ 1,530
Issuances	28	47	71	104
Settlements	(46)	(42)	(135)	(124)
Change in fair value during the period recognized in earnings	(49)	91	13	110
Ending balance	1,501	1,620	1,501	1,620
Other Derivative Contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	6	6	7	1
Issuances	18	17	47	52
Settlements	(27)	1	(50)	(11)
Change in fair value during the period recognized in earnings	0	(21)	(7)	(39)
Ending balance	$ (3)	$ 3	$ (3)	$ 3

FAIR VALUE MEASUREMENTS - Unobs

FAIR VALUE MEASUREMENTS - Unobservable Inputs Used and Valuation Techniques (Details) - Level 3	Sep. 30, 2024	Dec. 31, 2023
Minimum | Discounted Cash Flow | Constant prepayment rate | Mortgage servicing rights
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input	0.0681
Minimum | Discounted Cash Flow | Constant prepayment rate | Residential mortgages
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input		0.0670
Minimum | Discounted Cash Flow | Option adjusted spread | Mortgage servicing rights
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input	3.98	3.98
Minimum | Internal Model | Pull through rate | Other derivative contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other derivative contracts, measurement input	0.0942	0.2490
Minimum | Internal Model | MSR value | Other derivative contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other derivative contracts, measurement input	(0.1799)	(0.0890)
Maximum | Discounted Cash Flow | Constant prepayment rate | Mortgage servicing rights
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input	0.1855
Maximum | Discounted Cash Flow | Constant prepayment rate | Residential mortgages
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input		0.1455
Maximum | Discounted Cash Flow | Option adjusted spread | Mortgage servicing rights
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input	10.58	10.58
Maximum | Internal Model | Pull through rate | Other derivative contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other derivative contracts, measurement input	0.9991	0.9970
Maximum | Internal Model | MSR value | Other derivative contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other derivative contracts, measurement input	1.6251	1.4124
Weighted Average | Discounted Cash Flow | Constant prepayment rate | Mortgage servicing rights
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input	0.0830
Weighted Average | Discounted Cash Flow | Constant prepayment rate | Residential mortgages
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input		0.0723
Weighted Average | Discounted Cash Flow | Option adjusted spread | Mortgage servicing rights
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Mortgage servicing rights, measurement input	6.34	6.30
Weighted Average | Internal Model | Pull through rate | Other derivative contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other derivative contracts, measurement input	0.8165	0.8034
Weighted Average | Internal Model | MSR value | Other derivative contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other derivative contracts, measurement input	1.0541	0.8804

FAIR VALUE MEASUREMENTS - Sch_3

FAIR VALUE MEASUREMENTS - Schedule of Gain (Loss) on Assets and Liabilities Measured on Nonrecurring Basis Included in Earnings (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Nonrecurring measurement basis | Collateral-dependent loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Losses on assets measured at fair value	$ (36)	$ (40)	$ (156)	$ (108)

FAIR VALUE MEASUREMENTS - Sch_4

FAIR VALUE MEASUREMENTS - Schedule of Fair Value Measurements on a Nonrecurring Basis (Details) - Nonrecurring measurement basis - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral-dependent loans	$ 1,136	$ 789
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral-dependent loans	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral-dependent loans	1,136	789
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral-dependent loans	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Sch_5

FAIR VALUE MEASUREMENTS - Schedule of Financial Instruments not Recorded at Fair Value (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset-backed investments included in HTM securities	[1]	$ 8,738	$ 9,184
Fair Value		8,067	8,350
Other loans held for sale, carrying value		49	103
Other loans held for sale, fair value		49	103
Loans pledged as collateral for FHLB borrowed funds	[2]	139,553	143,861
Loans and leases, fair value		139,662	140,504
Other assets, carrying value		732	869
Other assets, fair value		732	869
Deposits, carrying value		175,188	177,342
Deposits, fair value		175,061	177,096
Short-term borrowed funds, carrying value		15	505
Short-term borrowed funds, fair value			505
Long-term borrowed funds, carrying value	[2]	13,944	13,467
Long-term borrowed funds, fair value		13,977	13,012
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset-backed investments included in HTM securities		0	0
Fair Value		0	0
Other loans held for sale, carrying value		0	0
Other loans held for sale, fair value		0	0
Loans pledged as collateral for FHLB borrowed funds		0	0
Loans and leases, fair value		0	0
Other assets, carrying value		0	0
Other assets, fair value		0	0
Deposits, carrying value		0	0
Deposits, fair value		0	0
Short-term borrowed funds, carrying value			0
Short-term borrowed funds, fair value			0
Long-term borrowed funds, carrying value		0	0
Long-term borrowed funds, fair value		0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset-backed investments included in HTM securities		8,308	8,696
Fair Value		7,645	7,887
Other loans held for sale, carrying value		0	0
Other loans held for sale, fair value		0	0
Loans pledged as collateral for FHLB borrowed funds		1,136	789
Loans and leases, fair value		1,136	789
Other assets, carrying value		710	851
Other assets, fair value		710	851
Deposits, carrying value		175,188	177,342
Deposits, fair value		175,061	177,096
Short-term borrowed funds, carrying value			505
Short-term borrowed funds, fair value			505
Long-term borrowed funds, carrying value		13,944	13,467
Long-term borrowed funds, fair value		13,977	13,012
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset-backed investments included in HTM securities		430	488
Fair Value		422	463
Other loans held for sale, carrying value		49	103
Other loans held for sale, fair value		49	103
Loans pledged as collateral for FHLB borrowed funds		138,417	143,072
Loans and leases, fair value		138,526	139,715
Other assets, carrying value		22	18
Other assets, fair value		22	18
Deposits, carrying value		0	0
Deposits, fair value		0	0
Short-term borrowed funds, carrying value			0
Short-term borrowed funds, fair value			0
Long-term borrowed funds, carrying value		0	0
Long-term borrowed funds, fair value		$ 0	$ 0
[1]Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.[2]Includes amounts in consolidated VIEs. See Note 6 for additional information.

NONINTEREST INCOME - Components

NONINTEREST INCOME - Components of Revenue from Contracts with Customers (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 367	$ 310	$ 1,136	$ 942
Total revenue from other sources	165	182	466	541
Total noninterest income	532	492	1,602	1,483
Bank-owned life insurance income	26	24	80	70
Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	6	1	14	1
Total revenue from other sources	34	33	92	92
Total noninterest income	40	34	106	93
Consumer Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	225	198	647	586
Total revenue from other sources	60	80	173	216
Total noninterest income	285	278	820	802
Commercial Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	136	111	475	355
Total revenue from other sources	71	69	201	233
Total noninterest income	207	180	676	588
Non-Core | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Total revenue from other sources	0	0	0	0
Total noninterest income	0	0	0	0
Service charges and fees
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	109	105	310	305
Service charges and fees | Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	1	0	1
Service charges and fees | Consumer Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	75	73	213	206
Service charges and fees | Commercial Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	34	31	97	98
Service charges and fees | Non-Core | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Card fees
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	91	74	266	223
Card fees | Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	6	0	13	0
Card fees | Consumer Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	73	62	213	188
Card fees | Commercial Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	12	12	40	35
Card fees | Non-Core | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Capital markets fees
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	88	64	330	211
Capital markets fees | Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Capital markets fees | Consumer Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Capital markets fees | Commercial Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	88	64	330	211
Capital markets fees | Non-Core | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Wealth fees
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	76	63	219	191
Wealth fees | Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Wealth fees | Consumer Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	76	62	219	190
Wealth fees | Commercial Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	1	0	1
Wealth fees | Non-Core | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	0	0
Other banking fees
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	3	4	11	12
Other banking fees | Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	0	0	1	0
Other banking fees | Consumer Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	1	1	2	2
Other banking fees | Commercial Banking | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	2	3	8	10
Other banking fees | Non-Core | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 0	$ 0	$ 0	$ 0

NONINTEREST INCOME - Narrative

NONINTEREST INCOME - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Wealth fees
Disaggregation of Revenue [Line Items]
Trailing commission income	$ 4	$ 4	$ 11	$ 11

OTHER OPERATING EXPENSE (Detail

OTHER OPERATING EXPENSE (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Other Income and Expenses [Abstract]
Marketing	$ 40	$ 48	$ 124	$ 142
Deposit insurance	40	42	162	121
Other	84	86	269	279
Other operating expense	$ 164	$ 176	555	$ 542
FDIC special assessment			$ 40

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Numerator (basic and diluted):
Net income	$ 382	$ 430	$ 1,108	$ 1,419
Less: Preferred stock dividends	38	30	103	87
Net income available to common stockholders	$ 344	$ 400	$ 1,005	$ 1,332
Denominator:
Weighted-average common shares outstanding - basic (in shares)	446,561,996	469,481,085	453,993,833	478,073,507
Dilutive common shares: share-based awards (in shares)	3,351,471	1,702,634	2,467,497	1,659,501
Weighted-average common shares outstanding - diluted (in shares)	449,913,467	471,183,719	456,461,330	479,733,008
Earnings per common share:
Basic (in dollars per share)	$ 0.77	$ 0.85	$ 2.21	$ 2.79
Diluted (in dollars per share)	$ 0.77	$ 0.85	$ 2.20	$ 2.78
Share-based awards excluded from diluted earnings per share computation (in shares)	141,698	2,566,762	409,167	2,391,244

BUSINESS OPERATING SEGMENTS - N

BUSINESS OPERATING SEGMENTS - Narrative (Details)	9 Months Ended
	Sep. 30, 2024 segment
Segment Reporting [Abstract]
Number of segments	3

BUSINESS OPERATING SEGMENTS - A

BUSINESS OPERATING SEGMENTS - Assets by Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Net interest income	$ 1,369	$ 1,522	$ 4,221	$ 4,753
Noninterest income	532	492	1,602	1,483
Total revenue	1,901	2,014	5,823	6,236
Noninterest expense	1,259	1,293	3,918	3,895
Profit (loss) before provision (benefit) for credit losses	642	721	1,905	2,341
Provision (benefit) for credit losses	172	172	525	516
Income before income tax expense	470	549	1,380	1,825
Income tax expense (benefit)	88	119	272	406
NET INCOME	382	430	1,108	1,419
Total average assets	218,578	220,162	219,520	221,739
Operating Segments | Consumer Banking
Segment Reporting Information [Line Items]
Net interest income	1,156	1,067	3,369	3,101
Noninterest income	285	278	820	802
Total revenue	1,441	1,345	4,189	3,903
Noninterest expense	916	905	2,734	2,637
Profit (loss) before provision (benefit) for credit losses	525	440	1,455	1,266
Provision (benefit) for credit losses	84	67	249	198
Income before income tax expense	441	373	1,206	1,068
Income tax expense (benefit)	114	97	311	278
NET INCOME	327	276	895	790
Total average assets	75,392	72,964	74,510	72,477
Operating Segments | Commercial Banking
Segment Reporting Information [Line Items]
Net interest income	478	560	1,486	1,741
Noninterest income	207	180	676	588
Total revenue	685	740	2,162	2,329
Noninterest expense	300	325	928	971
Profit (loss) before provision (benefit) for credit losses	385	415	1,234	1,358
Provision (benefit) for credit losses	91	67	262	185
Income before income tax expense	294	348	972	1,173
Income tax expense (benefit)	63	88	223	289
NET INCOME	231	260	749	884
Total average assets	68,092	74,997	69,046	77,130
Operating Segments | Non-Core
Segment Reporting Information [Line Items]
Net interest income	(28)	(41)	(96)	(84)
Noninterest income	0	0	0	0
Total revenue	(28)	(41)	(96)	(84)
Noninterest expense	23	30	74	95
Profit (loss) before provision (benefit) for credit losses	(51)	(71)	(170)	(179)
Provision (benefit) for credit losses	17	20	46	54
Income before income tax expense	(68)	(91)	(216)	(233)
Income tax expense (benefit)	(17)	(24)	(55)	(61)
NET INCOME	(51)	(67)	(161)	(172)
Total average assets	8,389	13,113	9,450	14,409
Other
Segment Reporting Information [Line Items]
Net interest income	(237)	(64)	(538)	(5)
Noninterest income	40	34	106	93
Total revenue	(197)	(30)	(432)	88
Noninterest expense	20	33	182	192
Profit (loss) before provision (benefit) for credit losses	(217)	(63)	(614)	(104)
Provision (benefit) for credit losses	(20)	18	(32)	79
Income before income tax expense	(197)	(81)	(582)	(183)
Income tax expense (benefit)	(72)	(42)	(207)	(100)
NET INCOME	(125)	(39)	(375)	(83)
Total average assets	$ 66,705	$ 59,088	$ 66,514	$ 57,723