Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 330

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 330
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38 Marketing expense1 19 — 14 34 Loan and lease expense6 22 — 5 33 Card and processing expense2 19 — — 21 Other noninterest expense(b)265 274 38 (335)242 Total noninterest expense$445 638 93 45 1,221 Income (loss) before income taxes (FTE)(a)$372 648 59 (309)770 Average assets$76,912 51,837 4,283 79,443 212,475 (a)Includes FTE adjustments of $4 for Commercial Banking and $2 for General Corporate and Other.(b)Includes segment expenses which are classified as other noninterest expense and allocations of corporate and shared services expenses.(c)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.

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

The following tables present the results of operations and average assets by segment for the six months ended:June 30, 2025 ($ in millions)CommercialBankingConsumer and Small BusinessBankingWealthand AssetManagementGeneralCorporate and Other(c)TotalNet interest income (FTE)(a)$1,147 2,060 106 (371)2,942 Provision for (benefit from) credit losses159 168 (2)22 347 Net interest income after provision for (benefit from) credit losses$988 1,892 108 (393)2,595 Noninterest income:Wealth and asset management revenue$1 132 205 — 338 Commercial payments revenue265 41 1 (2)305 Consumer banking revenue— 282 1 1 284 Capital markets fees178 1 1 (1)179 Commercial banking revenue157 2 1 — 160 Mortgage banking net revenue— 112 1 — 113 Other noninterest income28 3 1 26 58 Securities gains (losses), net(7)— — 14 7 Total noninterest income$622 573 211 38 1,444 Noninterest expense:Compensation and benefits$329 465 117 536 1,447 Technology and communications7 15 — 228