Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 102

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 102
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. The Bancorp may also utilize investment securities as part of a non-qualifying hedging strategy to manage interest rate risk related to MSRs.The following tables provide the amortized cost, unrealized gains and losses and fair value for the major categories of the available-for-sale debt and other securities and held-to-maturity securities portfolios as of:June 30, 2025 ($ in millions)AmortizedCostUnrealizedGainsUnrealizedLossesFairValueAvailable-for-sale debt and other securities:U.S. Treasury and federal agencies securities$3,505 3 — 3,508 Mortgage-backed securities:Agency residential mortgage-backed securities7,515 4 (632)6,887 Agency commercial mortgage-backed securities23,383 3 (2,443)20,943 Non-agency commercial mortgage-backed securities3,576 1 (254)3,323 Asset-backed securities and other debt securities2,945 1 (144)2,802 Other securities(a)807 — — 807 Total available-for-sale debt and other securities$41,731 12 (3,473)38,270 Held-to-maturity securities:(b)U.S. Treasury and federal agencies securities$2,404 10 — 2,414 Mortgage-backed securities:Agency residential mortgage-backed securities5,238 8 (113)5,133 Agency commercial mortgage-backed securities3,986 23 (11)3,998 Asset-backed securities and other debt securities2 — — 2 Total held-to-maturity securities$11,630 41 (124)11,547 (a)Other securities consist of FHLB, FRB and DTCC restricted stock holdings of $300, $504 and $3, respectively, at June 30, 2025, that are carried at cost.(b)The amortized cost basis includes a discount of $805 at June 30, 2025 pertaining to the remaining unamortized portion of unrealized losses on securities transferred to HTM.December 31, 2024 ($ in millions)AmortizedCostUnrealizedGainsUnrealizedLossesFairValueAvailable-for-sale debt and other securities:U.S. Treasury and federal agencies securities$4,358 2 — 4,360 Mortgage-backed securities:Agency residential mortgage-backed securities6,460 — (