Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 92

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 7
Chunk 92
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 to the Bancorp’s Board-approved capital plan, during the nine months ended September 30, 2025, the Bancorp entered into and settled accelerated share repurchase transactions. After entering into a definitive merger agreement on October 5, 2025 to acquire Comerica Incorporated, the Bancorp announced that it would pause share repurchase activity until after the acquisition closes. Refer to Note 12 of the Notes to Condensed Consolidated Financial Statements for additional information on share repurchase activity.

The following table summarizes the monthly share repurchase activity for the three months ended September 30, 2025:

TABLE 61:  Share RepurchasesPeriodTotal Numberof Shares Purchased(a)Average PricePaid per ShareTotal Number of SharesPurchased as a Part ofPublicly Announced Plans or ProgramsMaximum Number ofShares that May Yet BePurchased under the Plans or Programs(b)July 1 - July 31, 20255,981,717$43.71 5,926,09894,073,902August 1 - August 31, 202521,96943.54 —94,073,902September 1 - September 30, 20251,033,31843.78 1,003,25493,070,648Total7,037,004$43.72 6,929,35293,070,648

(a)    Includes 107,652 shares repurchased during the third quarter of 2025 in connection with various employee compensation plans. These purchases do not count against the maximum number of shares that may yet be purchased under the Board of Directors’ authorization.

(b)    On June 13, 2025, the Bancorp’s Board of Directors authorized management to purchase 100 million shares of the Bancorp’s common stock through the open market or in any private party transactions. This authorization did not include specific targets or an expiration date. 

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Table of Contents

Quantitative and Qualitative Disclosures about Market Risk (Item 3)

Information presented in the Interest Rate and Price Risk Management subsection of the Risk Management section of Management’s Discussion and Analysis of Financial Condition and Results of Operations is incorporated herein by reference. This information contains certain statements that the Bancorp believes are forward-looking statements. Refer to page 1 for cautionary information regarding forward-looking statements. 

Controls and Procedures (Item 4)

The Bancorp conducted an evaluation, under the supervision and with the participation of the Bancorp’s management, including the Banc