Quarterly report [Sections 13 or 15(d)]

ALLOWANCE FOR CREDIT LOSSES (Tables)

v3.25.2
ALLOWANCE FOR CREDIT LOSSES (Tables)
 6 Months Ended
Jun. 30, 2025
Credit Loss [Abstract]  
Allowance Roll-forward
The following table presents ACL activity by portfolio segment.
(dollar amounts in millions) Commercial Consumer Total
Three months ended June 30, 2025
ALLL balance, beginning of period $ 1,520  $ 743  $ 2,263 
Loan and lease charge-offs (56) (55) (111)
Recoveries of loans and leases previously charged-off 25  20  45 
Provision for loan and lease losses 59  75  134 
ALLL balance, end of period $ 1,548  $ 783  $ 2,331 
AULC balance, beginning of period $ 158  $ 57  $ 215 
Provision (benefit) for unfunded lending commitments (34) 3  (31)
AULC balance, end of period $ 124  $ 60  $ 184 
ACL balance, end of period $ 1,672  $ 843  $ 2,515 
Three months ended June 30, 2024
ALLL balance, beginning of period $ 1,589  $ 691  $ 2,280 
Loan and lease charge-offs (95) (50) (145)
Recoveries of loans and leases previously charged-off 38  17  55 
Provision for loan and lease losses 55  59  114 
ALLL balance, end of period $ 1,587  $ 717  $ 2,304 
AULC balance, beginning of period $ 69  $ 66  $ 135 
Provision (benefit) for unfunded lending commitments (5) (11) (16)
AULC balance, end of period $ 64  $ 55  $ 119 
ACL balance, end of period $ 1,651  $ 772  $ 2,423 
Six months ended June 30, 2025
ALLL balance, beginning of period $ 1,484  $ 760  $ 2,244 
Loan and lease charge-offs (130) (114) (244)
Recoveries of loans and leases previously charged-off 55  37  92 
Provision for loan and lease losses 139  100  239 
ALLL balance, end of period $ 1,548  $ 783  $ 2,331 
AULC balance, beginning of period $ 144  $ 58  $ 202 
Provision (benefit) for unfunded lending commitments (20) 2  (18)
AULC balance, end of period $ 124  $ 60  $ 184 
ACL balance, end of period $ 1,672  $ 843  $ 2,515 
Six months ended June 30, 2024
ALLL balance, beginning of period $ 1,563  $ 692  $ 2,255 
Loan and lease charge-offs (169) (104) (273)
Recoveries of loans and leases previously charged-off 57  34  91 
Provision for loan and lease losses 136  95  231 
ALLL balance, end of period $ 1,587  $ 717  $ 2,304 
AULC balance, beginning of period $ 66  $ 79  $ 145 
Provision (benefit) for unfunded lending commitments (2) (24) (26)
AULC balance, end of period $ 64  $ 55  $ 119 
ACL balance, end of period $ 1,651  $ 772  $ 2,423