Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 188

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 188
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 income taxes on an FTE basis by segment:

TABLE 24:  Income (Loss) Before Income Taxes (FTE) by SegmentFor the three months endedJune 30,For the six months endedJune 30,($ in millions)2025202420252024Commercial Banking$384 372 646 796 Consumer and Small Business Banking648 648 1,170 1,335 Wealth and Asset Management65 59 116 117 General Corporate and Other(a)(284)(309)(461)(812)Income before income taxes (FTE)(b)$813 770 1,471 1,436 

(a)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.

(b)Includes FTE adjustments of $5 and $6 for the three months ended June 30, 2025 and 2024, respectively, and $10 and $12 for the six months ended June 30, 2025 and 2024, respectively.

26

Table of ContentsManagement’s Discussion and Analysis of Financial Condition and Results of Operations (continued)

Commercial Banking

Commercial Banking offers credit intermediation, cash management and financial services to large and middle-market businesses and government and professional customers. In addition to the traditional lending and depository offerings, Commercial Banking products and services include global cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing and syndicated finance.

The following table contains selected financial data for the Commercial Banking segment:

TABLE 25:  Commercial BankingFor the three months endedJune 30,For the six months endedJune 30,($ in millions)2025202420252024Income Statement DataNet interest income (FTE)(a)$595 634 1,147 1,298 Provision for credit losses79 137 159 208 Noninterest income:Commercial payments revenue132 132 265 255 Capital markets fees89 91 178 188 Commercial banking revenue78 89 157 173 Other noninterest income22 8 22 26 Noninterest expense:Compensation and benefits151 153 329 339 Net occupancy and equipment expense17 15 34 32 Other noninterest expense285 277 601 565 Income before income taxes (FTE)(a)$384 372 646 796 Average Balance Sheet DataCommercial loans and leases, including held