Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 104

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 104
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 million on these securities at the date of transfer. The unrealized losses that existed on the date of transfer will continue to be reported as a component of AOCI and will be amortized into income over the remaining life of the securities as an adjustment to yield, offsetting the amortization of the discount resulting from the transfer recorded at fair value. The amortized cost basis of held-to-maturity securities included a discount of $805 million and $865 million at June 30, 2025 and December 31, 2024, respectively, pertaining to the unamortized portion of unrealized losses on the previously transferred securities, which are offset in AOCI.The following table presents the components of net securities losses and gains recognized in the Condensed Consolidated Statements of Income:For the three months ended June 30,For the six months endedJune 30,($ in millions)2025202420252024Available-for-sale debt and other securities:Realized gains$1 1 6 3 Realized losses(1)— (6)— Impairment losses— (5)— (10)Net losses on available-for-sale debt and other securities$— (4)— (7)Equity securities:Net realized (losses) gains(5)11 (5)11 Net unrealized gains (losses)21 (4)12 9 Net equity securities gains$16 7 7 20 Total gains recognized in income from available-for-sale debt and other securities, trading debt securities and equity securities(a)$16 3 7 13 (a)Excludes $2 and $6 of net securities gains for the three and six months ended June 30, 2025, respectively, and an immaterial amount and $2 of net securities gains for the three and six months ended June 30, 2024, respectively, related to securities held by FTS to facilitate the timely execution of customer transactions. These gains and losses are included in capital markets fees and wealth and asset management revenue in the Condensed Consolidated Statements of Income.The Bancorp recognized an immaterial amount of impairment losses on its available-for-sale debt and other securities for both the three and six months ended June 30, 2025. The Bancorp recognized $5 million and $10 million of impairment losses on available-for-sale debt and other securities during the three and six months ended June 30, 2024, respectively. These losses were included in securities