Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 272

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 272
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, 2025 and 2024, respectively. These amounts excluded $19 million and $21 million for the three months ended June 30, 2025 and 2024, respectively, and $31 million and $30 million for the six months ended June 30, 2025 and 2024, respectively, of consumer and residential mortgage loans which have been granted a concession under provisions of the Federal Bankruptcy Act and are monitored separately from loans modified under the Bancorp’s 

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

loan modification programs. As of June 30, 2025 and December 31, 2024, the Bancorp had commitments of $89 million and $88 million, respectively, to lend additional funds to borrowers experiencing financial difficulty whose terms have been modified during the twelve months ended June 30, 2025 and December 31, 2024, respectively.Commercial portfolio segment Commercial loan modifications are individually negotiated and may vary depending on the borrower’s financial situation, but the Bancorp most commonly utilizes term extensions for periods of three to twelve months. The Bancorp may also consider offering commercial borrowers interest rate reductions or payment delays, which may be combined with a term extension.The following tables present the amortized cost basis as of June 30, 2025 and 2024 of the Bancorp’s commercial portfolio loans that were modified for borrowers experiencing financial difficulty, by portfolio class and type of modification:For the three months ended June 30, 2025 ($ in millions)Term ExtensionTerm Extension and Payment DelayPayment DelayTotal% of Total ClassCommercial and industrial loans$80 — 163 243 0.46 Commercial mortgage owner-occupied loans48 — 1 49 0.83 Commercial mortgage nonowner-occupied loans— — — — — Commercial construction loans41 — — 41 0.74 Total commercial portfolio loans$169 — 164 333 0.47 For the three months ended June 30, 2024 ($ in millions)Term ExtensionTerm Extension and Payment DelayPayment DelayTotal% of Total ClassCommercial and industrial loans$95 18 3 116 0.22 Commercial mortgage owner-occupied loans23 — 1 24 0.44 Commercial mortgage nonowner-occupied loans— — — — — Commercial construction loans4