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$1.56B
Net Interest Income
$581.39M
Net Income
37.9%
Efficiency Ratio
5.19%
Net Int. Margin
33.7%
ROE
Financial Statements Annual (10-K)
Showing 10 of 17 annual reports available (2009 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Interest Income $2.63B $2.63B $2.62B $2.59B $2.03B $1.78B $2.02B $2.33B $1.94B $1.44B $1.08B
Interest Expense $1.13B $1.13B $1.14B $1.03B $542.80M $382.08M $541.67M $707.72M $522.29M $308.08M $185.91M
Net Interest Income $1.50B $1.50B $1.48B $1.56B $1.49B $1.39B $1.48B $1.62B $1.41B $1.13B $891.34M
Provision for Credit Losses - - - - - - $93.13M $354.25M $244.86M $185.76M $159.41M
Net Interest Income After Provision $1.17B $1.17B $1.07B $1.22B $855.33M $1.43B $1.39B $1.27B $1.17B $943.46M $731.93M
Non-Interest Income $482.57M $482.57M $368.27M $247.12M $334.64M $632.45M $331.45M $48.93M $-51.90M $-2.90M $68.82M
Non-Interest Expense $659.14M $659.14M $641.90M $685.57M $559.24M $519.91M $564.30M $574.25M $556.98M $449.09M $386.31M
Compensation & Benefits $345.81M $345.81M $349.39M $326.55M $270.35M $258.32M $282.50M $278.23M $252.35M $213.32M $184.00M
Other Non-Interest Expense $275.48M $275.48M $235.58M $246.89M $260.17M $236.96M $233.63M $263.17M $271.84M $206.35M $182.20M
Income Before Tax $992.56M $992.56M $798.64M $778.30M $630.73M $1.54B $1.15B $743.74M - - -
Income Tax Expense $247.72M $247.72M $190.31M $196.91M $161.71M $379.75M $273.32M $165.46M $71.85M $202.53M $164.11M
Net Income $744.85M $744.85M $608.33M $581.39M $469.01M $1.16B $880.69M $578.28M $487.48M $288.93M $250.33M
Basic EPS nan 3.52 2.73 2.44 1.78 3.67 2.27 1.31 1.08 0.63 0.54
Diluted EPS nan 3.46 2.68 2.41 1.76 3.61 2.25 1.30 1.07 0.62 0.53
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Due from Banks $55.00M $57.00M $4.15B $4.62B $4.33B $4.46B $5.56B $2.56B $1.53B $1.92B
Investment Securities - AFS $1.76B $1.93B $2.41B $2.34B $2.52B $2.00B $487.67M $176.25M $244.09M $208.60M
Allowance for Loan Losses - - - - - $1.36B $441.91M $341.12M $251.47M -
Loans & Leases (Net) $20.33B $20.90B $20.31B $19.63B $20.34B $19.18B $24.67B $22.27B $18.57B $15.14B
Goodwill & Intangibles $56.00M - - - - - - - - -
Premises & Equipment $122.19M $119.35M $129.50M $140.73M $150.52M $154.67M $134.75M $105.50M $89.75M $87.06M
Other Assets $47.31M $36.85M $52.34M $34.07M $26.35M $19.53M $29.40M $103.69M $84.85M $52.15M
Total Assets $29.75B $30.07B $29.17B $28.81B $29.22B $30.77B $32.69B $26.64B $21.78B $18.53B
Total Deposits $21.06B $21.07B $21.65B $21.45B $20.83B $22.67B $24.28B $18.94B $15.51B $13.44B
Short-term Borrowings $498.42M - - - - - - - - -
Long-term Debt $5.36B $6.44B $5.23B $5.24B $5.93B $5.19B $4.35B $4.28B $3.28B $2.17B
Other Liabilities $373.88M $403.28M $407.97M $400.87M $313.07M $352.33M $254.73M $224.95M $179.31M $141.93M
Total Liabilities $27.29B $27.91B $27.29B $27.08B $27.07B $28.21B $29.37B $23.67B $19.31B $16.19B
Common Stock $88.65M $88.12M $87.65M $87.03M $86.40M $91.35M $90.72M $89.97M $88.69M $87.33M
Retained Earnings $4.73B $4.11B $3.62B $3.16B $2.82B $1.72B $1.85B $1.34B $868.18M $595.32M
Treasury Stock - - - - $2.06B $798.99M $324.66M $142.59M $107.64M $67.48M
AOCI $-40.13M $-65.86M $-75.10M $-93.87M $-17.90M $-34.20M $-12.37M $10.62M $2.75M $-8.67M
Total Stockholders Equity $2.45B $2.16B $1.88B $1.73B $2.15B $2.56B $3.31B $2.97B $2.47B $2.35B
Total Liabilities & Equity $29.75B $30.07B $29.17B $28.81B $29.22B $30.77B $32.69B $26.64B $21.78B $18.53B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $1.05B $744.85M $608.33M $581.39M $469.01M $1.16B $880.69M $578.28M $487.48M $288.93M $250.33M
Provision for Credit Losses - - - - - - $93.13M $354.25M $244.86M $185.76M $159.41M
Deferred Taxes $263.84M $50.32M $-34.33M $-23.22M $-93.67M $55.37M $72.78M $-9.71M $-63.30M $-58.75M $-88.73M
Stock-based Compensation $76.44M $40.56M $40.00M $36.38M $34.46M $30.65M $36.46M $30.60M $31.52M $27.90M $22.94M
Operating Cash Flow $-829.41M $-398.58M $-329.39M $-144.64M $4.99M $-49.52M $-182.67M $-15.64M $-102.74M $-166.91M $-200.93M
Purchases of Securities $189.77M $81.34M $91.88M $105.97M $753.13M $1.26B $2.08B $356.41M $15.88M $78.33M $55.77M
Investing Cash Flow $2.01B $1.05B $675.99M $-12.46M $1.08B $2.60B $947.33M $-2.31B $-3.25B $-3.21B $-3.33B
Preferred Stock Issued - - - - - - $-68.06M - - $-165.00M -
Common Stock Repurchased $499.83M $368.74M $247.97M $350.26M $713.20M $1.53B $558.17M $167.20M - - -
Dividends Paid $189.78M $107.69M $99.17M $101.23M $112.96M $60.46M $46.35M $16.84M $15.64M $15.71M $21.20M
Financing Cash Flow $-3.26B $-1.10B $228.16M $-316.23M $-854.89M $-2.62B $-1.88B $5.36B $4.40B $2.99B $3.03B
Net Change in Cash $-2.08B $-455.73M $574.75M $-473.33M $227.49M $-64.36M $-1.11B $3.04B $1.05B $-336.33M $-471.69M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Interest Expense $284.61M $293.24M $857.97M $824.38M
Income Before Tax $185.81M $-59.56M $676.57M $666.47M
Income Tax Expense $49.96M $-14.41M $164.90M $169.70M
Net Income $135.85M $-45.15M $511.66M $496.77M
Basic EPS 0.64 -0.23 2.39 2.21
Diluted EPS 0.63 -0.23 2.35 2.18
Basic Shares Outstanding $207.14M $214.87M $209.02M $218.06M
Diluted Shares Outstanding $210.61M $214.87M $212.92M $221.55M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $3.54B $4.70B
Property Plant & Equipment $119.29M $119.35M
Total Assets $29.61B $30.07B
Long-term Debt $6.84B $6.44B
Total Liabilities $27.26B $27.91B
Common Stock $88.64M $88.12M
Retained Earnings $4.53B $4.11B
Total Stockholders Equity $2.34B $2.16B
Total Liabilities & Equity $29.61B $30.07B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $135.85M $-45.15M $511.66M $496.77M
Stock-based Compensation - - $31.54M $31.74M
Deferred Income Tax - - $164.90M $169.70M
Operating Cash Flow - - $-334.12M $-333.93M
Investing Cash Flow - - $208.15M $407.32M
Stock Repurchased - - $244.92M $200.90M
Dividends Paid - - $81.52M $71.83M
Financing Cash Flow - - $-1.02B $287.63M
Net Change in Cash - - $-1.14B $361.02M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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