Reports Q1 revenue $1.75B, consensus $1.75B. First quarter results include the following notable items: an increase to the industry-wide FDIC special assessment accrual, severance-related charges, and the impact of certain securities repositioning. The company reported $1.7B in total revenue during the quarter, including $616M in reported pre-tax pre-provision income and $700 million in adjusted pre-tax pre-provision income.
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