Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 109

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 8
Chunk 109
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 of:Less than 12 months12 months or moreTotal($ in millions)Fair ValueUnrealizedLossesFair ValueUnrealizedLossesFair ValueUnrealizedLossesSeptember 30, 2025U.S. Treasury and federal agencies securities$1,555 — — — 1,555 — Agency residential mortgage-backed securities894 (9)4,655 (570)5,549 (579)Agency commercial mortgage-backed securities62 (1)20,290 (2,251)20,352 (2,252)Non-agency commercial mortgage-backed securities— — 2,811 (217)2,811 (217)Asset-backed securities and other debt securities151 (1)2,215 (125)2,366 (126)Total$2,662 (11)29,971 (3,163)32,633 (3,174)December 31, 2024U.S. Treasury and federal agencies securities$569 — — — 569 — Agency residential mortgage-backed securities1,061 (14)4,566 (765)5,627 (779)Agency commercial mortgage-backed securities157 (6)20,536 (3,016)20,693 (3,022)Non-agency commercial mortgage-backed securities183 (3)3,984 (335)4,167 (338)Asset-backed securities and other debt securities283 (11)3,157 (187)3,440 (198)Total$2,253 (34)32,243 (4,303)34,496 (4,337)At September 30, 2025 and December 31, 2024, $25 million and $34 million, respectively, of unrealized losses in the available-for-sale debt and other securities portfolio were related to non-rated securities.

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Table of ContentsFifth Third Bancorp and SubsidiariesNotes to Condensed Consolidated Financial Statements (unaudited)

5. Loans and Leases

The Bancorp diversifies its loan and lease portfolio by offering a variety of loan and lease products with various payment terms and rate structures. The Bancorp’s commercial loan and lease portfolio consists of lending to various industry types. Management periodically reviews the performance of its loan and lease products to evaluate whether they are performing within acceptable interest rate and credit risk levels