Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 152

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 152
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.5)%(a)Credit risk factor— -0.7%0.1 %(a)Servicing rights1,663 DCFPrepayment speed— -100.0%(Fixed)6.3 %(b)(Adjustable)16.0 %(b)OAS (bps)335 -1,821(Fixed)418(b)(Adjustable)725(b)IRLCs, net5 DCFLoan closing rates20.5 -96.0%79.7 %(c)Swap associated with the sale of Visa, Inc. Class B Shares(173)DCFTiming of the resolution   of the Covered LitigationQ2 2027-Q1 2028Q4 2027(d)(a)Unobservable inputs were weighted by the relative carrying value of the instruments.(b)Unobservable inputs were weighted by the relative unpaid principal balance of the instruments.(c)Unobservable inputs were weighted by the relative notional amount of the instruments.(d)Unobservable inputs were weighted by the probability of the final funding date of the instruments.As of March 31, 2024 ($ in millions)Financial InstrumentFair ValueValuationTechniqueSignificantUnobservable InputsRange of InputsWeighted-AverageResidential mortgage loans$113 Loss rate modelInterest rate risk factor(25.2)-3.7 %(13.4)%(a)Credit risk factor— -0.6 %0.1 %(a)Servicing rights1,756 DCFPrepayment speed— -100.0 %(Fixed)5.8 %(b)(Adjustable)22.9 %(b)OAS (bps)448-1,833(Fixed)460(b)(Adjustable)702(b)IRLCs, net5 DCFLoan closing rates20.0 -96.0 %79.4 %(c)Swap associated with the sale of Visa, Inc. Class B Shares(162)DCFTiming of the resolution   of the Covered LitigationQ2 2026-Q1 2028Q4 2026(d)(a)Unobservable inputs were weighted by the relative carrying value of the instruments.(b)Unobservable inputs were weighted by the relative unpaid principal balance of the instruments.(c)Unobservable inputs were weighted by the relative notional amount of the instruments.(d)Unobservable inputs were weighted by the probability of the final funding date of the instruments.

Assets and Liabilities Measured at