v3.19.3.a.u2
Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule Of Financial Information By Reportable Segment
The following tables present financial information for each reportable segment for the year ended December 31:
 
2019
 
Corporate Bank
 
Consumer
Bank
 
Wealth
Management
 
Other
 
Continuing
Operations
 
Discontinued
Operations
 
Consolidated
 
(In millions)
Net interest income and other financing income (loss)
$
1,436

 
$
2,329

 
$
179

 
$
(199
)
 
$
3,745

 
$

 
$
3,745

Provision (credit) for loan losses
179

 
338

 
15

 
(145
)
 
387

 

 
387

Non-interest income
539

 
1,214

 
332

 
31

 
2,116

 

 
2,116

Non-interest expense
931

 
2,055

 
348

 
155

 
3,489

 

 
3,489

Income (loss) before income taxes
865

 
1,150

 
148

 
(178
)
 
1,985

 

 
1,985

Income tax expense (benefit)
215

 
287

 
38

 
(137
)
 
403

 

 
403

Net income (loss)
$
650

 
$
863

 
$
110

 
$
(41
)
 
$
1,582

 
$

 
$
1,582

Average assets
$
53,867

 
$
35,045

 
$
2,183

 
$
34,015

 
$
125,110

 
$

 
$
125,110

 
2018
 
Corporate Bank
 
Consumer
Bank
 
Wealth
Management
 
Other
 
Continuing
Operations
 
Discontinued
Operations
 
Consolidated
 
(In millions)
Net interest income and other financing income (loss)
$
1,374

 
$
2,209

 
$
193

 
$
(41
)
 
$
3,735

 
$
1

 
$
3,736

Provision (credit) for loan losses
175

 
317

 
16

 
(279
)
 
229

 

 
229

Non-interest income
546

 
1,144

 
316

 
13

 
2,019

 
349

 
2,368

Non-interest expense
916

 
2,046

 
345

 
263

 
3,570

 
79

 
3,649

Income (loss) before income taxes
829

 
990

 
148

 
(12
)
 
1,955

 
271

 
2,226

Income tax expense (benefit)
207

 
248

 
36

 
(104
)
 
387

 
80

 
467

Net income (loss)
$
622

 
$
742

 
$
112

 
$
92

 
$
1,568

 
$
191

 
$
1,759

Average assets
$
51,530

 
$
35,066

 
$
2,287

 
$
34,415

 
$
123,298

 
$
82

 
$
123,380

 
2017
 
Corporate Bank
 
Consumer
Bank
 
Wealth
Management
 
Other
 
Continuing
Operations
 
Discontinued
Operations
 
Consolidated
 
(In millions)
Net interest income and other financing income (loss)
$
1,422

 
$
2,141

 
$
190

 
$
(214
)
 
$
3,539

 
$
1

 
$
3,540

Provision (credit) for loan losses
258

 
297

 
20

 
(425
)
 
150

 

 
150

Non-interest income
498

 
1,118

 
302

 
44

 
1,962

 
146

 
2,108

Non-interest expense
860

 
2,049

 
333

 
249

 
3,491

 
128

 
3,619

Income (loss) before income taxes
802

 
913

 
139

 
6

 
1,860

 
19

 
1,879

Income tax expense (benefit)
305

 
347

 
53

 
(86
)
 
619

 
(3
)
 
616

Net income (loss)
$
497

 
$
566

 
$
86

 
$
92

 
$
1,241

 
$
22

 
$
1,263

Average assets
$
51,680

 
$
34,938

 
$
2,459

 
$
34,739

 
$
123,816

 
$
160

 
$
123,976