Net income decreased to $308 million, or $1.10 per diluted share, compared to $968 million, or $3.55 per diluted share, in the prior year.

Total revenue, net of interest expense, increased by 13% to $4.21 billion.

Total loans at the end of the period grew by 12% year-over-year to $126.6 billion.

Digital Banking pretax income was $322 million, lower than the prior year due to increased card misclassification remediation reserve, higher provision for credit losses, and higher operating expenses.