Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 132

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 8
Chunk 132
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 length of term extensions22.9 years22.9 yearsWeighted-average interest rate reductionFrom 8.6% to 6.9% From 9.0% to 7.3%Approximate amount of payment delays as a percentage of the related loan balances7%5%Credit cardWeighted-average interest rate reductionFrom 23.0% to 3.9%From 23.8% to 4.2%For the nine months endedSeptember 30,Financial Effects20252024Commercial loans:Commercial and industrial loansWeighted-average length of term extensions13 months9 monthsWeighted-average length of payment delay14 months13 monthsCommercial mortgage owner-occupied loansWeighted-average length of term extensions6 months13 monthsWeighted-average length of payment delay4 monthsN/ACommercial mortgage nonowner-occupied loansWeighted-average length of term extensions8 months7 monthsCommercial construction loansWeighted-average length of term extensions12 months9 monthsWeighted-average length of payment delay6 monthsN/AResidential mortgage loansWeighted-average length of term extensions9.6 years10.0 yearsWeighted-average interest rate reductionFrom 7.2% to 6.9%From 7.7% to 7.0%Approximate amount of payment delays as a percentage of the related loan balances11%12%Consumer loans:Home equityWeighted-average length of term extensions20.8 years24.0 yearsWeighted-average interest rate reductionFrom 8.6% to 7.0% From 9.0% to 7.2%Approximate amount of payment delays as a percentage of the related loan balances7%5%Credit cardWeighted-average interest rate reductionFrom 23.1% to 4.0%From 23.8% to 4.1%

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

Credit quality of modified loansThe Bancorp closely monitors the performance of loans that are modified for borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following tables present the amortized cost basis as of September 30, 2025 and 2024 for the Bancorp’s portfolio loans that were modified during the twelve months ended September 30, 2025 and 2024, respectively, for borrowers experiencing financial difficulty, by age and portfolio class:September 30, 2025 ($ in millions)Past DueCurrent30-