Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 232

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 232
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379 Balance, end of period$2,265 2,305 2,265 2,305 Reserve for unfunded commitments:Balance, beginning of period$146 137 134 166 Provision for (benefit from) the reserve for unfunded commitments5 1 17 (28)Balance, end of period$151 138 151 138 

(a)For the three and nine months ended September 30, 2025, the Bancorp recorded $4 and $15, respectively, in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements, compared to $6 and $22 for the three and nine months ended September 30, 2024, respectively. 

47

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

The following table provides an attribution of the Bancorp’s ALLL to portfolio loans and leases:

TABLE 51:  Attribution of Allowance for Loan and Lease Losses to Portfolio Loans and LeasesAs of ($ in millions)September 30,2025December 31,2024Attributed ALLL:Commercial and industrial loans$829 728 Commercial mortgage loans265 351 Commercial construction loans70 59 Commercial leases18 16 Residential mortgage loans133 146 Home equity98 106 Indirect secured consumer loans299 311 Credit card145 165 Solar energy installation loans300 351 Other consumer loans108 119 Total ALLL$2,265 2,352 Portfolio loans and leases:Commercial and industrial loans$53,947 52,271 Commercial mortgage loans11,932 12,246 Commercial construction loans5,326 5,588 Commercial leases3,218 3,188 Residential mortgage loans(a)17,644 17,543 Home equity4,678 4,188 Indirect secured consumer loans17,885 16,313 Credit card1,692 1,734 Solar energy installation loans4,432 4,202 Other consumer loans2,376 2,518 Total portfolio loans and leases$123,130 119,791 Attributed ALLL as a percent of respective portfolio loans and leases:Commercial and industrial loans1.54  %1.39 Commercial mortgage loans2.22 2