Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 3

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 7
Chunk 3
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 FTE basis divided by average interest-earning assets

•Efficiency Ratio (non-GAAP): Noninterest expense divided by the sum of net interest income on an FTE basis and noninterest income

•Earnings Per Share, Diluted: Net income allocated to common shareholders divided by average common shares outstanding after the effect of dilutive stock-based awards

•Nonperforming Portfolio Assets Ratio: Nonperforming portfolio assets divided by portfolio loans and leases and OREO

•Net Charge-off Ratio: Net losses charged-off divided by average portfolio loans and leases 

•Return on Average Assets: Net income divided by average assets

•Loan-to-Deposit Ratio: Total loans divided by total deposits

•Household Growth: Change in the number of consumer households with retail relationship-based checking accounts

The list of indicators above is intended to summarize some of the most important metrics utilized by management in evaluating the Bancorp’s performance and does not represent an all-inclusive list of all performance measures that may be considered relevant or important to management or investors.

4

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

TABLE 1:  Earnings SummaryFor the three months endedMarch 31,%($ in millions, except for per share data)20252024ChangeIncome Statement DataNet interest income (U.S. GAAP)$1,437 1,384 4Net interest income (FTE)(a)(b)1,442 1,390 4Noninterest income694 710 (2)Total revenue (FTE)(a)(b)2,136 2,100 2Provision for credit losses174 94 85Noninterest expense1,304 1,342 (3)Net income515 520 (1)Net income available to common shareholders478 480 —Common Share DataEarnings per share - basic$0.71 0.70 1Earnings per share - diluted0.71 0.70 1Cash dividends declared per common share0.37 0.35 6Book value per share27.41 24.72 11Market value per share39.20 37.21 5Financial RatiosReturn on average assets0.99 %0.98 1Return on average common equity10.8 11.6 (7)Return on average tangible common equity(b)15.2 17.0 (11)Dividend payout52.1 50.