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Dollars in millions, except per share data			Three Months Ended												Year Ended December 31,
Summary Financial Data & Key Metrics			December 31, 2025			September 30, 2025			December 31, 2024						2025			2024
Results of Operations:
Net interest income			$	1,722		$	1,734		$	1,709					$	6,814		$	7,143
Provision for credit losses			54			191			155						514			431
Net interest income after provision for credit losses			1,668			1,543			1,554						6,300			6,712
Noninterest income			715			699			699						2,727			2,615
Noninterest expense			1,572			1,491			1,517						6,056			5,735
Income before income taxes			811			751			736						2,971			3,592
Income tax expense			231			183			36						765			815
Net income			580			568			700						2,206			2,777
Preferred stock dividends			14			14			15						57			61
Net income available to common stockholders			$	566		$	554		$	685					$	2,149		$	2,716
Adjusted net income available to common stockholders (1)			$	634		$	573		$	628					$	2,313		$	2,796
Pre-tax, pre-provision net revenue (PPNR) (1)			865			942			891						3,485			4,023
Adjusted PPNR (1)			883			973			957						3,650			4,271
Per Share Information:
Diluted earnings per common share (EPS)			$	45.81		$	43.08		$	49.21					$	165.24		$	189.41
Adjusted diluted EPS (1)			51.27			44.62			45.10						177.88			194.96
Book value per common share at period end			1,718.71			1,672.54			1,556.16
Tangible book value per common share (TBV) (1) at period end			1,674.11			1,628.64			1,512.77
Key Performance Metrics:
Return on average assets (ROA)			0.99		%	0.98		%	1.25		%				0.96		%	1.26		%
Adjusted ROA (1)			1.10			1.01			1.14						1.03			1.30
PPNR ROA (1)			1.47			1.62			1.58						1.52			1.83
Adjusted PPNR ROA (1)			1.50			1.67			1.70						1.59			1.94
Return on average common equity (ROE)			10.66			10.26			12.56						10.03			12.68
Adjusted ROE (1)			11.93			10.62			11.51						10.80			13.06
Return on average tangible common equity (ROTCE) (1)			10.94			10.53			12.92						10.31			13.07
Adjusted ROTCE (1)			12.25			10.91			11.84						11.09			13.45
Efficiency ratio			64.53			61.27			63.01						63.48			58.77
Adjusted efficiency ratio (1)			60.79			56.78			56.98						58.77			53.01
Net interest margin (NIM) (2)			3.20			3.26			3.32						3.25			3.54
NIM, excluding purchase accounting accretion (PAA) (1) (2)			3.11			3.15			3.16						3.13			3.30
Select Balance Sheet Items at Period End:
Total investment securities			$	41,564		$	45,124		$	44,090
Total loans and leases			147,930			144,758			140,221
Total operating lease equipment, net			9,621			9,446			9,323
Total deposits			161,578			163,190			155,229
Total borrowings			36,008			38,675			37,051
Loan to deposit ratio			91.55		%	88.71		%	90.33		%
Noninterest-bearing deposits to total deposits			25.16			26.20			24.89
Capital Ratios at Period End: (3)
Total risk-based capital ratio			13.71		%	14.05		%	15.04		%
Tier 1 risk-based capital ratio			11.91			12.15			13.53
Common equity Tier 1 ratio			11.15			11.65			12.99
Tier 1 leverage capital ratio			9.29			9.34			9.90
Asset Quality at Period End:
Nonaccrual loans to total loans and leases			0.88		%	0.97		%	0.84		%
Allowance for loan and lease losses (ALLL) to loans and leases			1.06			1.14			1.20
Net charge-off ratio for the period			0.39			0.65			0.46						0.45			0.39
(1) Denotes a non-GAAP measure. Refer to the non-GAAP reconciliation tables included at the end of this financial supplement for a reconciliation to the most directly comparable GAAP measure. “Adjusted” items exclude the impacts of Notable Items.
(2) Calculated net of average credit balances of factoring clients to appropriately reflect the interest-earning portion of factoring receivables.
(3) Capital ratios as of the current quarter-end are preliminary pending completion of quarterly regulatory filings.

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Dollars in millions, except share and per share data						Three Months Ended												Year Ended December 31,
Income Statement (unaudited)						December 31, 2025			September 30, 2025			December 31, 2024						2025			2024
Interest income
Interest and fees on loans						$	2,290		$	2,300		$	2,322					$	9,096		$	9,528
Interest on investment securities						424			433			377						1,690			1,347
Interest on deposits at banks						226			265			302						992			1,478
Total interest income						2,940			2,998			3,001						11,778			12,353
Interest expense
Deposits						861			911			957						3,559			3,864
Borrowings						357			353			335						1,405			1,346
Total interest expense						1,218			1,264			1,292						4,964			5,210
Net interest income						1,722			1,734			1,709						6,814			7,143
Provision for credit losses						54			191			155						514			431
Net interest income after provision for credit losses						1,668			1,543			1,554						6,300			6,712
Noninterest income
Rental income on operating lease equipment						281			273			272						1,096			1,048
Lending-related fees						64			67			68						266			257
Deposit fees and service charges						63			61			58						241			230
Client investment fees						54			58			54						217			213
Wealth management services						61			57			54						229			211
International fees						37			34			33						136			119
Factoring commissions						20			18			20						73			75
Cardholder services, net						37			39			41						158			163
Merchant services, net						13			12			13						52			49
Insurance commissions						12			13			13						53			55
Realized gain on sale of investment securities, net						3			—			2						3			6
Fair value adjustment on marketable equity securities, net						12			13			10						22			13
Gain on sale of leasing equipment, net						14			3			11						30			30
Loss on extinguishment of debt						(9)			—			—						(9)			(2)
Other noninterest income						53			51			50						160			148
Total noninterest income						715			699			699						2,727			2,615
Noninterest expense
Depreciation on operating lease equipment						102			98			101						398			394
Maintenance and other operating lease expenses						64			67			55						244			219
Personnel cost						849			817			801						3,294			3,078
Net occupancy expense						61			58			60						238			242
Equipment expense						151			137			136						555			504
Professional fees						34			26			30						115			121
Third-party processing fees						75			67			57						268			230
FDIC insurance expense						27			38			33						141			138
Marketing expense						45			33			24						142			76
Acquisition-related expenses						33			28			62						141			210
Intangible asset amortization						13			13			16						54			63
Other noninterest expense						118			109			142						466			460
Total noninterest expense						1,572			1,491			1,517						6,056			5,735
Income before income taxes						811			751			736						2,971			3,592
Income tax expense						231			183			36						765			815
Net income						$	580		$	568		$	700					$	2,206		$	2,777
Preferred stock dividends						14			14			15						57			61
Net income available to common stockholders						$	566		$	554		$	685					$	2,149		$	2,716
Basic earnings per common share						$	45.81		$	43.08		$	49.21					$	165.24		$	189.42
Diluted earnings per common share						$	45.81		$	43.08		$	49.21					$	165.24		$	189.41
Weighted average common shares outstanding (basic)						12,363,028			12,849,339			13,927,887						13,002,455			14,341,872
Weighted average common shares outstanding (diluted)						12,363,028			12,849,339			13,927,887						13,002,455			14,342,655

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Dollars in millions, except share data
Balance Sheet (unaudited)						December 31, 2025			September 30, 2025			December 31, 2024
Assets
Cash and due from banks						$	801		$	874		$	814
Interest-earning deposits at banks						19,801			24,798			21,364
Securities purchased under agreements to resell						232			83			158
Investment in marketable equity securities						127			110			101
Investment securities available for sale						31,790			34,963			33,750
Investment securities held to maturity						9,647			10,051			10,239
Assets held for sale						804			112			85
Loans and leases						147,930			144,758			140,221
Allowance for loan and lease losses						(1,566)			(1,652)			(1,676)
Loans and leases, net of allowance for loan and lease losses						146,364			143,106			138,545
Operating lease equipment, net						9,621			9,446			9,323
Premises and equipment, net						2,447			2,283			2,006
Goodwill						346			346			346
Other intangible assets, net						195			208			249
Other assets						7,523			7,108			6,740
Total assets						$	229,698		$	233,488		$	223,720
Liabilities
Deposits:
Noninterest-bearing						$	40,653		$	42,752		$	38,633
Interest-bearing						120,925			120,438			116,596
Total deposits						161,578			163,190			155,229
Credit balances of factoring clients						1,148			1,326			1,016
Borrowings:
Short-term borrowings						224			423			367
Long-term borrowings						35,784			38,252			36,684
Total borrowings						36,008			38,675			37,051
Other liabilities						8,726			8,311			8,196
Total liabilities						$	207,460		$	211,502		$	201,492
Stockholders’ equity
Preferred stock						1,375			881			881
Common stock:
Class A - $1 par value						11			12			13
Class B - $1 par value						1			1			1
Additional paid in capital						—			270			2,417
Retained earnings						20,768			20,866			19,361
Accumulated other comprehensive loss						83			(44)			(445)
Total stockholders’ equity						22,238			21,986			22,228
Total liabilities and stockholders’ equity						$	229,698		$	233,488		$	223,720

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Dollars in millions, except share per share data						Three Months Ended												Year Ended December 31,
Notable Items (1)						December 31, 2025			September 30, 2025			December 31, 2024						2025			2024
Noninterest income
Rental income on operating lease equipment (2)						$	(166)		$	(165)		$	(152)					$	(642)		$	(609)
Realized gain on sale of investment securities, net						(3)			—			(2)						(3)			(6)
Fair value adjustment on marketable equity securities, net						(12)			(13)			(10)						(22)			(13)
Gain on sale of leasing equipment, net						(14)			(3)			(11)						(30)			(30)
Loss on extinguishment of debt						9			—			—						9			2
Other noninterest income (3)						—			—			(8)						—			(12)
Impact of notable items on adjusted noninterest income						$	(186)		$	(181)		$	(183)					$	(688)		$	(668)
Noninterest expense
Depreciation on operating lease equipment (2)						(102)			(98)			(101)						(398)			(394)
Maintenance and other operating lease equipment expense (2)						(64)			(67)			(55)						(244)			(219)
Personnel cost (4)						—			(6)			—						(6)			—
Professional fees (5)						—			—			—						—			(4)
FDIC insurance special assessment						12			—			—						12			(11)
Acquisition-related expenses						(33)			(28)			(62)						(141)			(210)
Intangible asset amortization						(13)			(13)			(16)						(54)			(63)
Other noninterest expense (6)						(4)			—			(15)						(22)			(15)
Impact of notable items on adjusted noninterest expense						$	(204)		$	(212)		$	(249)					$	(853)		$	(916)
Impact of notable items on adjusted pre-tax income						$	18		$	31		$	66					$	165		$	248
Income tax impact (7)						(50)			12			123						1			168
Impact of notable items on adjusted net income						$	68		$	19		$	(57)					$	164		$	80
Impact of notable items on adjusted diluted EPS						$	5.46		$	1.54		$	(4.11)					$	12.64		$	5.55

(1) Notable items include income and expense for infrequent transactions and certain recurring items (typically noncash) that management believes should be excluded from adjusted measures (non-GAAP) to enhance understanding of operations and comparability to historical periods. Management utilizes both GAAP and adjusted measures (non-GAAP) to analyze BancShares’ performance. Refer to subsequent pages of this financial supplement for a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.

(2) Depreciation and maintenance and other operating lease expenses are deducted from rental income on operating lease equipment to calculate adjusted rental income on operating lease equipment (non-GAAP). There is no net impact to earnings for this non-GAAP item because adjusted noninterest income and expense are reduced by the same amount. Management believes adjusted rental income on operating lease equipment (non-GAAP) is meaningful because it helps management monitor the performance and profitability of the operating leases after deducting direct expenses. Refer to subsequent pages of this financial supplement for a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.

(3) Other noninterest income includes a gain on sale of portfolio residential mortgages in 4Q24, as well as a gain on litigation settlement for 1Q24.

(4) Personnel cost includes impairment of internal use software under development in 3Q25.

(5) Professional fees include expenses related to integration activities in 1Q24 and 2Q24.

(6) Other noninterest expense includes a technology fee in 4Q25 and 3Q24, an accrual resulting from a vendor dispute and an increase in litigation reserve in 2Q25, impairment of capitalized software and related projects in 1Q25 and 4Q24, and litigation reserve releases in 1Q24 and 2Q24.

(7) For the periods presented, the income tax impact may include tax discrete items and changes in the estimated annualized effective tax rate.

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Dollars in millions, except share and per share data			Three Months Ended												Year Ended December 31,
Condensed Income Statements (unaudited) - Adjusted for Notable Items (1)			December 31, 2025			September 30, 2025			December 31, 2024						2025			2024
Interest income			$	2,940		$	2,998		$	3,001					$	11,778		$	12,353
Interest expense			1,218			1,264			1,292						4,964			5,210
Net interest income			1,722			1,734			1,709						6,814			7,143
Provision for credit losses			54			191			155						514			431
Net interest income after provision for credit losses			1,668			1,543			1,554						6,300			6,712
Noninterest income			529			518			516						2,039			1,947
Noninterest expense			1,368			1,279			1,268						5,203			4,819
Income before income taxes			829			782			802						3,136			3,840
Income tax expense			181			195			159						766			983
Net income			$	648		$	587		$	643					$	2,370		$	2,857
Preferred stock dividends			14			14			15						57			61
Net income available to common stockholders			$	634		$	573		$	628					$	2,313		$	2,796
Basic earnings per common share			$	51.27		$	44.62		$	45.10					$	177.88		$	194.97
Diluted earnings per common share			51.27			44.62			45.10						177.88			194.96
Weighted average common shares outstanding (basic)			12,363,028			12,849,339			13,927,887						13,002,455			14,341,872
Weighted average common shares outstanding (diluted)			12,363,028			12,849,339			13,927,887						13,002,455			14,342,655

(1) The GAAP income statements and notable items are included previously in this financial supplement. The condensed adjusted income statements above (non-GAAP) exclude the impact of notable items. Refer to the non-GAAP reconciliation tables at the end of this financial supplement for a reconciliation of non-GAAP measures to the most directly comparable GAAP measure.

Dollars in millions
Loans and Leases by Class (end of period)			December 31, 2025			September 30, 2025			December 31, 2024
Commercial
Commercial and industrial (2)			$	44,721		$	44,909		$	43,559
Capital call lines (2)			31,791			28,643			25,501
Owner occupied commercial mortgage			17,660			17,232			16,842
Investor dependent			2,778			2,772			3,193
Commercial real estate (2)			23,784			23,255			23,282
Total commercial			$	120,734		116,811			$	112,377
Consumer
Residential mortgage (2)			$	21,861		$	22,653		$	22,768
Revolving mortgage			2,863			2,794			2,567
Auto			1,416			1,463			1,523
Other consumer			1,056			1,037			986
Total consumer			$	27,196		$	27,947		$	27,844
Total loans and leases			$	147,930		$	144,758		$	140,221
Less: allowance for loan and lease losses			(1,566)			(1,652)			(1,676)
Total loans and leases, net of allowance for loan and lease losses			$	146,364		$	143,106		$	138,545

(2) During the fourth quarter of 2025, we updated our loan classes as summarized below (“4Q25 Loan Class Changes”):

•Commercial real estate is a separate loan class. Prior to the 4Q25 Loan Class Changes, commercial real estate loans were primarily included in the non-owner occupied commercial mortgage and commercial construction loan classes. Additionally, commercial and industrial loans for the purpose of acquiring, constructing or developing real estate were previously included in the commercial and industrial loan class, and residential construction loans were previously included in the residential mortgage loan class.

•Capital call lines is a separate loan class. Prior to the 4Q25 Loan Class Changes, global fund banking (which included capital call lines and certain other commercial and industrial loans in the Global Fund Banking line of business) was a separate loan class.

•Commercial and industrial remained a separate loan class, but the composition was updated to: (i) include certain other commercial and industrial loans that were previously included in the global fund banking loan class prior to the 4Q25 Loan Class Changes, (ii) include leases, which was previously a separate loan class, and (iii) exclude commercial real estate loans that were previously included in the commercial and industrial loan class.

•Residential mortgage loans remained a separate loan class, but the composition was updated to exclude residential construction loans which are included in the commercial real estate loan class after the 4Q25 Loan Class Changes.

During the second quarter of 2025, the loan classes which were reported in the SVB portfolio in the 2024 Form 10-K, were recast to the Commercial portfolio (the “2Q25 Loan Class Changes”). Loan and lease disclosures for all periods presented in this Financial Supplement were recast to reflect the 2Q25 Loan Class Changes and 4Q25 Loan Class Changes.

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Dollars in millions
Deposits by Type (end of period)			December 31, 2025			September 30, 2025			December 31, 2024
Noninterest-bearing demand			$	40,653		$	42,752		$	38,633
Checking with interest			24,377			23,731			25,343
Money market			38,687			38,718			35,722
Savings			46,625			46,915			42,278
Time			11,236			11,074			13,253
Total deposits			$	161,578		$	163,190		$	155,229

			Three Months Ended												Year Ended December 31,
Credit Quality and Allowance for Loan and Lease Losses (ALLL)			December 31, 2025			September 30, 2025			December 31, 2024						2025			2024
Nonaccrual loans at period end			$	1,307		$	1,406		$	1,184
Ratio of nonaccrual loans to total loans at period end			0.88		%	0.97		%	0.84		%
Charge-offs			$	(174)		$	(256)		$	(193)					$	(741)		$	(657)
Recoveries			31			22			33						101			117
Net charge-offs			$	(143)		$	(234)		$	(160)					$	(640)		$	(540)
Net charge-off ratio			0.39		%	0.65		%	0.46		%				0.45		%	0.39		%
ALLL to loans ratio at period end			1.06		%	1.14		%	1.20		%
ALLL at beginning of period			$	1,652		$	1,672		$	1,678					$	1,676		$	1,747
Provision for loan and lease losses			59			214			158						532			469
Net charge-offs			(143)			(234)			(160)						(640)			(540)
Other			(2)			—			—						(2)			—
ALLL at end of period			$	1,566		$	1,652		$	1,676					$	1,566		$	1,676

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Dollars in millions			Three Months Ended
			December 31, 2025									September 30, 2025									December 31, 2024
Average Balance Sheets, Yields and Rates			Average Balance			Income/Expense			Yield/Rate			Average Balance			Income/Expense			Yield/Rate			Average Balance			Income/Expense			Yield/Rate
Loans and leases (1) (2)			$	145,689		$	2,290		6.24		%	$	141,785		$	2,300		6.44		%	$	138,186		$	2,322		6.69		%
Investment securities			44,306			421			3.80			44,827			430			3.83			40,779			374			3.66
Securities purchased under agreements to resell			285			3			4.00			284			3			4.32			266			3			4.67
Interest-earning deposits at banks			23,014			226			3.90			24,146			265			4.36			25,548			302			4.70
Total interest-earning assets (2)			$	213,294		$	2,940		5.48		%	$	211,042		$	2,998		5.64		%	$	204,779		$	3,001		5.83		%
Operating lease equipment, net			$	9,495								$	9,463								$	9,288
Cash and due from banks			847									757									756
Allowance for loan and lease losses			(1,649)									(1,702)									(1,710)
All other noninterest-earning assets			11,445									10,969									10,593
Total assets			$	233,432								$	230,529								$	223,706
Interest-bearing deposits
Checking with interest			$	23,907		$	94		1.57		%	$	23,028		$	99		1.70		%	$	24,460		$	125		2.04		%
Money market			39,792			260			2.59			39,396			280			2.82			35,319			271			3.05
Savings			46,618			412			3.51			47,005			435			3.66			41,103			421			4.07
Time deposits			11,116			95			3.38			11,146			97			3.45			13,683			140			4.07
Total interest-bearing deposits			121,433			861			2.81			120,575			911			3.00			114,565			957			3.32
Borrowings:
Securities sold under customer repurchase agreements			265			—			0.52			442			1			0.51			370			1			0.57
Senior unsecured borrowings			556			7			5.27			555			7			5.27			59			1			4.44
Subordinated debt			1,774			24			5.20			1,350			17			5.02			845			6			2.75
Other borrowings			35,601			326			3.67			35,911			328			3.66			35,818			327			3.66
Long-term borrowings			37,931			357			3.76			37,816			352			3.73			36,722			334			3.64
Total borrowings			38,196			357			3.74			38,258			353			3.70			37,092			335			3.61
Total interest-bearing liabilities			$	159,629		$	1,218		3.03		%	$	158,833		$	1,264		3.16		%	$	151,657		$	1,292		3.39		%
Noninterest-bearing deposits			$	41,758								$	40,049								$	39,969
Credit balances of factoring clients			1,358									1,175									1,232
Other noninterest-bearing liabilities			8,490									8,181									8,250
Stockholders' equity			22,197									22,291									22,598
Total liabilities and stockholders’ equity			$	233,432								$	230,529								$	223,706
Net interest income						$	1,722								$	1,734								$	1,709
Net interest spread (2)									2.45		%							2.48		%							2.44		%
Net interest margin (2)									3.20		%							3.26		%							3.32		%
(1) Loans and leases include nonaccrual loans and loans held for sale. Interest income on loans and leases includes loan PAA income and loan fees.
(2) The average balances and yields for loans and leases are calculated net of average credit balances of factoring clients to appropriately reflect the interest-earning portion of factoring receivables.
Note: Certain items above do not precisely recalculate as presented due to rounding.

7

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Dollars in millions			Twelve Months Ended
Average Balance Sheets, Yields and Rates			December 31, 2025												December 31, 2024
			Average Balance			Income/Expense			Yield/Rate												Average Balance			Income/Expense			Yield/Rate
Loans and leases (1) (2)			$	141,934		$	9,096		6.41		%										$	136,026		$	9,528		7.00		%
Investment securities			44,160			1,678			3.80												37,029			1,334			3.60
Securities purchased under agreements to resell			272			12			4.25												247			13			5.18
Interest-earning deposits at banks			23,292			992			4.26												28,276			1,478			5.23
Total interest-earning assets (2)			$	209,658		$	11,778		5.61		%										$	201,578		$	12,353		6.12		%
Operating lease equipment, net			$	9,432																	$	9,003
Cash and due from banks			801																		753
Allowance for loan and lease losses			(1,692)																		(1,748)
All other noninterest-earning assets			11,067																		10,214
Total assets			$	229,266																	$	219,800
Interest-bearing deposits
Checking with interest			$	23,447		$	394		1.68		%										$	24,199		$	526		2.17		%
Money market			38,493			1,066			2.77												33,107			1,031			3.11
Savings			45,936			1,692			3.68												38,997			1,663			4.26
Time deposits			11,592			407			3.51												15,202			644			4.23
Total interest-bearing deposits			119,468			3,559			2.98												111,505			3,864			3.47
Borrowings:
Securities sold under customer repurchase agreements			401			2			0.53												392			2			0.51
Senior unsecured borrowings			460			24			5.22												292			8			2.63
Subordinated debt			1,391			68			4.84												889			29			3.18
Other borrowings			35,809			1,311			3.66												35,826			1,307			3.65
Long-term borrowings			37,660			1,403			3.72												37,007			1,344			3.63
Total borrowings			38,061			1,405			3.69												37,399			1,346			3.60
Total interest-bearing liabilities			$	157,529		$	4,964		3.15		%										$	148,904		$	5,210		3.50		%
Noninterest-bearing deposits			$	40,018																	$	39,499
Credit balances of factoring clients			1,195																		1,192
Other noninterest-bearing liabilities			8,167																		7,908
Stockholders' equity			22,357																		22,297
Total liabilities and stockholders’ equity			$	229,266																	$	219,800
Net interest income						$	6,814																	$	7,143
Net interest spread (2)									2.46		%																2.62		%
Net interest margin (2)									3.25		%																3.54		%
(1) Loans and leases include nonaccrual loans and loans held for sale. Interest income on loans and leases includes loan PAA income and loan fees.
(2) The average balances and yields for loans and leases are calculated net of average credit balances of factoring clients to appropriately reflect the interest-earning portion of factoring receivables.
Note: Certain items above do not precisely recalculate as presented due to rounding.

8

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Dollars in millions, except share and per share data						Three Months Ended												Year Ended December 31,
Non-GAAP Reconciliations						December 31, 2025			September 30, 2025			December 31, 2024						2025			2024
Net income and EPS
Net income (GAAP)			a			$	580		$	568		$	700					$	2,206		$	2,777
Preferred stock dividends						14			14			15						57			61
Net income available to common stockholders (GAAP)			b			$	566		$	554		$	685					$	2,149		$	2,716
Total notable items, after income tax			c			68			19			(57)						164			80
Adjusted net income (non-GAAP)			d = (a+c)			648			587			643						2,370			2,857
Adjusted net income available to common stockholders (non-GAAP)			e = (b+c)			$	634		$	573		$	628					$	2,313		$	2,796
Weighted average common shares outstanding
Basic			f			12,363,028			12,849,339			13,927,887						13,002,455			14,341,872
Diluted			g			12,363,028			12,849,339			13,927,887						13,002,455			14,342,655
EPS (GAAP)
Basic			b/f			$	45.81		$	43.08		$	49.21					$	165.24		$	189.42
Diluted			b/g			45.81			43.08			49.21						165.24			189.41
Adjusted EPS (non-GAAP)
Basic			e/f			$	51.27		$	44.62		$	45.10					$	177.88		$	194.97
Diluted			e/g			51.27			44.62			45.10						177.88			194.96
Noninterest income and expense
Noninterest income (GAAP)			h			$	715		$	699		$	699					$	2,727		$	2,615
Impact of notable items, before income tax						(186)			(181)			(183)						(688)			(668)
Adjusted noninterest income (non-GAAP)			i			$	529		$	518		$	516					$	2,039		$	1,947
Noninterest expense (GAAP)			j			$	1,572		$	1,491		$	1,517					$	6,056		$	5,735
Impact of notable items, before income tax						(204)			(212)			(249)						(853)			(916)
Adjusted noninterest expense (non-GAAP)			k			$	1,368		$	1,279		$	1,268					$	5,203		$	4,819
PPNR
Net income (GAAP)			a			$	580		$	568		$	700					$	2,206		$	2,777
Plus: provision for credit losses						54			191			155						514			431
Plus: income tax expense						231			183			36						765			815
PPNR (non-GAAP)			l			$	865		$	942		$	891					$	3,485		$	4,023
Impact of notable items (1)						18			31			66						165			248
Adjusted PPNR (non-GAAP)			m			$	883		$	973		$	957					$	3,650		$	4,271
(1) Excludes the impact of notable items on income taxes as this is excluded from PPNR as presented in the table above.
Note: Certain items above do not precisely recalculate as presented due to rounding.

9

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Dollars in millions						Three Months Ended												Year Ended December 31,
Non-GAAP Reconciliations (continued)						December 31, 2025			September 30, 2025			December 31, 2024						2025			2024
ROA
Net income (GAAP)			a			$	580		$	568		$	700					$	2,206		$	2,777
Annualized net income			n = a annualized			2,303			2,254			2,786						2,206			2,777
Adjusted net income (non-GAAP)			d			648			587			643						2,370			2,857
Annualized adjusted net income			p = d annualized			2,571			2,332			2,558						2,370			2,857
Average assets			o			233,432			230,529			223,706						229,266			219,800
ROA			n/o			0.99		%	0.98		%	1.25		%				0.96		%	1.26		%
Adjusted ROA (non-GAAP)			p/o			1.10			1.01			1.14						1.03			1.30
PPNR ROA
PPNR (non-GAAP)			l			$	865		$	942		$	891					$	3,485		$	4,023
Annualized PPNR			q = l annualized			3,430			3,738			3,545						3,485			4,023
Adjusted PPNR (non-GAAP)			m			883			973			957						3,650			4,271
Annualized adjusted PPNR			r = m annualized			3,504			3,860			3,809						3,650			4,271
PPNR ROA (non-GAAP)			q/o			1.47		%	1.62		%	1.58		%				1.52		%	1.83		%
Adjusted PPNR ROA (non-GAAP)			r/o			1.50			1.67			1.70						1.59			1.94
ROE and ROTCE
Annualized net income available to common stockholders			s = b annualized			$	2,247		$	2,196		$	2,727					$	2,149		$	2,716
Annualized adjusted net income available to common stockholders			t = e annualized			$	2,515		$	2,275		$	2,499					$	2,313		$	2,796
Average stockholders' equity (GAAP)						$	22,197		$	22,291		$	22,598					$	22,357		$	22,297
Less: average preferred stock						1,117			881			881						940			881
Average common stockholders' equity			u			$	21,080		$	21,410		$	21,717					$	21,417		$	21,416
Less: average goodwill						346			346			346						346			346
Less: average other intangible assets						204			216			259						223			283
Average tangible common equity (non-GAAP)			v			$	20,530		$	20,848		$	21,112					$	20,848		$	20,787
ROE			s/u			10.66		%	10.26		%	12.56		%				10.03		%	12.68		%
Adjusted ROE (non-GAAP)			t/u			11.93			10.62			11.51						10.80			13.06
ROTCE (non-GAAP)			s/v			10.94			10.53			12.92						10.31			13.07
Adjusted ROTCE (non-GAAP)			t/v			12.25			10.91			11.84						11.09			13.45
Tangible common equity to tangible assets at period end
Stockholders' equity (GAAP)			w			$	22,238		$	21,986		$	22,228
Less: preferred stock						1,375			881			881
Common equity			x			$	20,863		$	21,105		$	21,347
Less: goodwill						346			346			346
Less: other intangible assets						195			208			249
Tangible common equity (non-GAAP)			y			$	20,322		$	20,551		$	20,752
Total assets (GAAP)			z			229,698			233,488			223,720
Tangible assets (non-GAAP)			aa			229,157			232,934			223,125
Total equity to total assets (GAAP)			w/z			9.68		%	9.42		%	9.94		%
Tangible common equity to tangible assets (non-GAAP)			y/aa			8.87			8.82			9.30
Note: Certain items above do not precisely recalculate as presented due to rounding.

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Dollars in millions, except share and per share data						Three Months Ended												Year Ended December 31,
Non-GAAP Reconciliations (continued)						December 31, 2025			September 30, 2025			December 31, 2024						2025			2024
Book value and tangible book value per common share at period end
Common shares outstanding at period end			bb			12,139,159			12,618,629			13,717,621
Book value per share			x/bb			$	1,718.71		$	1,672.54		$	1,556.16
Tangible book value per common share (non-GAAP)			y/bb			1,674.11			1,628.64			1,512.77
Efficiency ratio
Net interest income			cc			$	1,722		$	1,734		$	1,709					$	6,814		$	7,143
Efficiency ratio (GAAP)			j / (h + cc)			64.53		%	61.27		%	63.01		%				63.48		%	58.77		%
Adjusted efficiency ratio (non-GAAP)			k / (i + cc)			60.79			56.78			56.98						58.77		%	53.01		%
Rental income on operating lease equipment
Rental income on operating lease equipment (GAAP)						$	281		$	273		$	272					$	1,096		$	1,048
Less: depreciation on operating lease equipment						102			98			101						398			394
Less: maintenance and other operating lease expenses						64			67			55						244			219
Plus: accelerated depreciation on impaired operating lease equipment						—			—			4						—			4
Adjusted rental income on operating lease equipment (non-GAAP)						$	115		$	108		$	120					$	454		$	439
Net interest income & Net interest margin
Net interest income (GAAP)			cc			$	1,722		$	1,734		$	1,709					$	6,814		$	7,143
Loan PAA			dd			59			71			90						289			505
Other PAA			ee			(10)			(10)			(8)						(38)			(24)
PAA			ff = (dd + ee)			$	49		$	61		$	82					$	251		$	481
Net interest income, excluding PAA (non-GAAP)			gg = (cc - ff)			$	1,673		$	1,673		$	1,627					$	6,563		$	6,662
Annualized net interest income			hh = cc annualized			$	6,834		$	6,878		$	6,798					$	6,814		$	7,143
Annualized net interest income, excluding PAA			ii = gg annualized			6,640			6,637			6,472						6,563			6,662
Average interest-earning assets			jj			213,294			211,042			204,779						209,658			201,578
NIM (GAAP)			hh/jj			3.20		%	3.26		%	3.32		%				3.25		%	3.54		%
NIM, excluding PAA (non-GAAP)			ii/jj			3.11			3.15			3.16						3.13			3.30
Interest income on loans (GAAP)						$	2,290		$	2,300		$	2,322					$	9,096		$	9,528
Less: loan PAA			dd			59			71			90						289			505
Interest income on loans, excluding loan PAA (non-GAAP)						$	2,231		$	2,229		$	2,232					$	8,807		$	9,023
Note: Certain items above do not precisely recalculate as presented due to rounding.

11