Slide 1: 4th Quarter Earnings
Exhibit 99.3 4th Quarter Earnings January 16, 2026 Internal Use
Slide 2: 2025 Overview
2025 Overview Continue to deliver consistent, sustainable long-term performance Key Performance Metrics 4Q25 FY25 Highlights Reported Adjusted(1) Reported Adjusted(1) • Consistently generating top-quartile returns in our peer group(2) Net Income Available to Common Shareholders $514M $504M $2,061M $
Slide 3: Loans
Loans Momentum building as headwinds ease Average Loans & Leases ($ in billions) QoQ Highlights & Outlook $96.4 $96.6 $95.7 • Avg and ending loans were relatively stable • Avg business loans decreased 1%, while average consumer loans $33.2 $32.8 $32.6 decreased 0.4% • Throughout 2025, modestly impro
Slide 4: Deposits
Deposits Disciplined deposit growth with improving mix and costs Average Deposits by Segment ($ in billions) $126.5 $129.6 $2.9 $129.9 $2.4 QoQ Highlights & Outlook $3.1 $7.5 $7.3 $7.8 $37.4 $39.7 $40.2 • Ending balances increased 0.6%, supported by 1.47% strong client acquisition and retention 1.39
Slide 5: NII & Margin Performance
NII & Margin Performance Well protected balance sheet with growth from balance sheet repricing FTE NII and NIM ($ in millions) 4Q NII and NIM Drivers $1,243 $1,269 $1,294 • NII increased 2% QoQ; NIM increased 11bps to 3.70% • New production fixed-rate asset yields continue to benefit from elevated l
Slide 6: 2026 NII Expected Range and Assumptions
2026 NII(1) Expected Range and Assumptions NII expected to grow in 2026 under a wide range of possible outcomes Expectation: Full-year 2026 NII to grow between 2.5 – 4%, with fixed-rate asset Net Interest Income Trend ($M) turnover, funding cost management, and loan growth as the primary drivers Ant
Slide 7: Non-Interest Income
Non-Interest Income Non-Interest Income Adj. Non-Interest Income(1) QoQ Highlights & Outlook ($ in millions) ($ in millions) $659 $684 • NIR decreased 3% on a reported basis and 6% on an $640 $615 $640 $585 adjusted basis,(1) reflecting quarter-specific impacts across several categories • Service ch
Slide 8: Non-Interest Expense
Non-Interest Expense Non-Interest Expense Adj. Non-Interest Expense(1) ($ in millions) ($ in millions) $1,038 $1,103 $1,098 $1,029 $1,111 $1,112 QoQ Highlights & Outlook $— $22 • NIE remained stable on a reported basis and on an adjusted(1) basis 56.9% 57.5% 56.8% 57.2% 56.8% 55.4% • Salaries & bene
Slide 9: Asset Quality
Asset Quality Credit performance improving; metrics tracking favorably Net Charge-Offs(1) Non-Performing Loans (NPLs)(1) $135 $142 $119 $928 $758 $698 0.55% 0.59% 0.96% 0.49% 0.79% 0.73% 4Q24 3Q25 4Q25 4Q24 3Q25 4Q25 NCOs NCOs Ratio NPLs - excluding LHFS NPL/Loans Allowance for Credit Losses (ACL)(1
Slide 10: Capital and Liquidity
Capital and Liquidity Managing capital flexibility to support growth and shareholder returns Tier 1 Capital Ratio(1) 12.2% 12.0% 11.9% QoQ Highlights & Outlook 4Q24 3Q25 4Q25 • Declared 4Q common dividends of $231M and executed $430M in share repurchases Common Equity Tier 1 Ratio(1) • Dividend payo
Slide 11: CET1 Under Basel III Endgame (B3E)
CET1 Under Basel III Endgame (B3E) B3E Update Volatility Management • B3E has yet to be finalized but expect AOCI to be included in Regulatory • To date, have taken meaningful action to reduce capital volatility from AOCI Capital ◦ $5.7B Pay Fixed Fair Value swaps vs AFS securities (mostly offset wi
Slide 12: 2026 Expectations
2026 Expectations FY 2026 Expectations Net Interest Income up 2.5 – 4% (3) Expectations for 1Q26 & FY26(3) (vs. 2025 of $4,991) • 1Q26 NII to decline 1 – 2% vs 4Q25 Adjusted Non-Interest Income up 3 – 5%(2) (vs. adjusted 2025 total of $2,585)(1) • 1Q26 NIM in the ~3.70% increasing thereafter Adjuste
Slide 13: Appendix
Appendix Internal Use
Slide 14: Fourth Quarter 2025 Highlights
Fourth Quarter 2025 Highlights Summary of Fourth Quarter Results Selected Items Impact(2) QoQ YoY ($ amounts in millions, except per share data) 4Q25 Change Change (amounts in millions, except per share data) 4Q25 Net interest income $ 1,281 1.9% 4.1% Pre-tax additional selected items: Provision for
Slide 15: Growth in Digital
Growth in Digital Digital Usage Transactions Customer Satisfaction Consumer Checking Account Acquisitions Mobile App Mobile Banking Active Users (Millions)(1) by Channel(4) Average 4.9 out +4% 2% 2% 1% of 5 rating from 2.62 2.68 2.56 75% 77% 70% iOS app store Digital users Branch Contact Center 23%
Slide 16: Investments in Our Businesses
Investments in Our Businesses Investments in talent, technology and strategic acquisitions continue to pay off Corporate Consumer Wealth • Record Treasury Management revenue up 6.2% • Record year for NIR, up 10% YoY, with four vs. 2024 driven by investments in talent and • 3rd highest revenue year i
Slide 17: Hedging Strategy Update
Hedging Strategy Update Mostly "neutral" rate risk position protects margin & decreases capital volatility Asset Hedge Notional Receive-Fixed, Cash Flow Swaps - (Quarterly Avg) (Annual Avg) Loans Pay-Fixed, Fair Value Swaps - AFS Securities Net Asset Swap Position(2) Cash Flow Collars - Loans(3) as
Slide 18: Securities Portfolio
Securities Portfolio Provides downside rate protection/liquidity • Portfolio constructed to protect against changes in market rates Securities Portfolio Composition(1) ◦ Duration of ~3.9 years (AFS ~3.5 years) as of 12/31/2025; provides Corp Bonds offset to long-duration deposit book Agency CMBS 1%
Slide 19: Continuous Improvement in Risk Management
Continuous Improvement in Risk Management Our commitment to strengthening credit risk disciplines and intentional portfolio shaping over the past decade-plus leaves us well positioned for sound, profitable growth Strong Origination Disciplines Aligned with Comprehensive Risk Framework Case Studies i
Slide 20: Historical Credit Profile
Historical Credit Profile Total Net Charge-Offs 2.00% 1.50% Average Pre-Pandemic Average Pandemic 0.46% 0.35% 1.00% 0.59% 0.50% —% 13 20 4Q 22 25 1Q 1Q 4Q Non-Performing Loans 2.50% 2.00% Average Pre-Pandemic Average Pandemic 1.07% 0.64% 1.50% 1.00% 0.73% 0.50% —% 13 20 22 25 1Q 1Q 4Q 4Q • The incre
Slide 21: Historical Credit Profile
Historical Credit Profile Commercial Net Charge-Offs(1) 1.00% Average Pre-Pandemic Average Pandemic 0.27% 0.25% 0.53% 0.50% —% 13 20 22 25 1Q 1Q 4Q 4Q Consumer Net Charge-Offs(2) 3.50% Average Pre-Pandemic Average Pandemic 3.00% 0.78% 0.53% 2.50% 2.00% 1.50% 1.00% 0.70% 0.50% —% 13 20 22 25 1Q 1Q 4Q
Slide 22: Commercial Real Estate
Commercial Real Estate (Outstanding balances as of December 31, 2025) Highly Diversified Portfolio Key Portfolio Metrics REITs within Total: (IRE including Unsecured CRE) • Unsecured loans for RE purposes generally have low Data Center Diversified leverage, with strong access to liquidity 10% 16% Ot
Slide 23: CRE- Office Portfolio
CRE- Office Portfolio (Outstanding balances as of December 31, 2025) Key Portfolio Metrics(1) Investor Real Estate Office Portfolio Overview Balances $1,020 % of Total Loans 1.1% 19% 21% NPL $117 49% 51% 81% 79% NPL / Loans 11.4% Charge-offs $54 Class A Class B Multi-Tenant Single Tenant Suburban Ur
Slide 24: Transportation - Trucking
Transportation - Trucking (Outstanding balances as of December 31, 2025) Key Portfolio Metrics(1) Ongoing Portfolio Surveillance Balances $1,200 • While the economic backdrop generally favors the trucking sector, trade uncertainty is still muting demand as manufacturers and shippers take a wait and
Slide 25: Consumer Lending Portfolio
Consumer Lending Portfolio Consumer FICO Scores(1) • Consumer Credit Card Home Equity • Avg. origination FICO 774 • Avg. origination FICO 761 2% 3% 2% • Avg. new line $9,604 • Current LTV 38% • 4Q25 Yield 14.06% • 57% of portfolio is 1st lien • 4Q25 QTD NCO 4.08% • Avg. loan size $35,724 67% 78% 81%
Slide 26: Allowance for Credit Losses
Allowance for Credit Losses ($ in millions) QoQ Highlights $10 • 4Q allowance decreased $27M compared to the prior $1,713 $1,686 quarter, resulting in a $115M provision expense and a $(21) $(16) slight reduction in the ACL % from 1.78% to 1.76% • The change in ACL resulted from: ◦ Economic/Qualitati
Slide 27: Base R&S Economic Outlook
Base R&S Economic Outlook (As of December 2025) Pre-R&S period 4Q2025 1Q2026 2Q2026 3Q2026 4Q2026 1Q2027 2Q2027 3Q2027 4Q2027 Real GDP, annualized % change 0.3 % 2.9 % 2.0 % 2.2 % 2.0 % 2.1 % 1.9 % 2.1 % 2.0 % Unemployment rate 4.5 % 4.5 % 4.5 % 4.4 % 4.4 % 4.3 % 4.3 % 4.2 % 4.2 % HPI, year-over-yea
Slide 28: Allowance Allocation
Allowance Allocation Regions "Day 1" CECL ACL ratio on 1/1/2020 was 1.71%. The company has executed a number of de-risking strategies that have improved the overall loan portfolio. Taking the 4Q25 loan portfolio and applying the "Day 1" ACL rates would produce a proforma Day 1 ACL ratio of 1.64%. As
Slide 29: Non-GAAP Information
Non-GAAP Information Management uses pre-tax pre-provision income (non-GAAP), adjusted pre-tax pre-provision income (non-GAAP), the adjusted efficiency ratio (non-GAAP), the adjusted fee income ratio (non-GAAP), return on average tangible common shareholders' equity (non-GAAP), adjusted return on av
Slide 30: Non-GAAP Reconciliation
Non-GAAP Reconciliation Tangible Common Ratios As of and for Quarter Ended ($ amounts in millions, except per share data) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 TANGIBLE COMMON RATIOS Shareholders’ equity (GAAP) A $ 19,043 $ 19,049 $ 18,666 $ 18,530 $ 17,879 Less: Preferred stock (GAAP)
Slide 31: Non-GAAP Reconciliation
Non-GAAP Reconciliation Net Income Available to Common Shareholders, Adjusted Diluted EPS, and Return Ratios Quarter Ended Year Ended ($ amounts in millions) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 4Q25 vs. 3Q25 4Q25 vs. 4Q24 12/31/2025 Net income available to common shareholders (GAAP)
Slide 32: Non-GAAP Reconciliation
Non-GAAP Reconciliation Pre-Tax Pre-Provision Income (PPI) Quarter Ended Year Ended ($ amounts in millions) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 4Q25 vs. 3Q25 4Q25 vs. 4Q24 12/31/2025 Net income available to common shareholders (GAAP) $ 514 $ 548 $ 534 $ 465 $ 508 $ (34) (6.2)% $ 6 1.
Slide 33: Non-GAAP Reconciliation
Non-GAAP Reconciliation NII, Non-Interest Income/Expense, and Efficiency Ratio Quarter Ended Year Ended ($ amounts in millions) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 4Q25 vs. 3Q25 4Q25 vs. 4Q24 12/31/2025 Non-interest expense (GAAP) A $ 1,098 $ 1,103 $ 1,073 $ 1,039 $ 1,038 $ (5) (0.5)
Slide 34: Non-GAAP Reconciliation
Non-GAAP Reconciliation Non-Interest Expense Twelve Months Ended December 31 ($ amounts in millions) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Non-interest expense (GAAP) $ 4,313 $ 4,242 $ 4,416 $ 4,068 $ 3,747 $ 3,643 $ 3,489 $ 3,570 $ 3,491 $ 3,483 Adjustments: FDIC insurance special asses
Slide 35: Non-GAAP Reconciliation
Non-GAAP Reconciliation CET1- inclusive of AOCI(4) Quarter Ended ($ amounts in millions) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 CET1 RATIOS Common Equity Tier 1(1) A $ 13,486 $ 13,620 $ 13,533 $ 13,355 $ 13,434 Adjustments: AOCI gain (loss) on securities(2) (1,076) (1,241) (1,485) (1,64
Slide 36: Forward-Looking Statements
Forward-Looking Statements Forward-Looking Statements This presentation and the accompanying earnings call may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. In addition, the company, through its senior management, may from time to time make fo
Slide 37: Forward-Looking Statements (continued)
Forward-Looking Statements (continued) • Our inability to develop and gain acceptance from current and prospective customers for new products and services and the enhancement of existing products and services to meet customers’ needs and respond to emerging technological trends in a timely manner co
Slide 38: Forward-Looking Statements (continued)
Forward-Looking Statements (continued) • Our ability to comply with stress testing and capital planning requirements (as part of the CCAR process or otherwise) may continue to require a significant investment of our managerial resources due to the importance of such tests and requirements. • Our abi
Slide 39: Internal Use
Internal Use