Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 217

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 217
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 and leases held for sale (includes $574 and $334 of residential mortgage loans measured at fair value)640 378 Portfolio loans and leases(a) (includes $108 and $116 of residential mortgage loans measured at fair value)119,791 117,234 Allowance for loan and lease losses(a)(2,352)(2,322)Portfolio loans and leases, net117,439 114,912 Bank premises and equipment (includes $14 and $19 held for sale)2,475 2,349 Operating lease equipment319 459 Goodwill4,918 4,919 Intangible assets90 125 Servicing rights1,704 1,737 Other assets(a)12,857 12,538 Total Assets$212,927 214,574 LiabilitiesDeposits:Noninterest-bearing deposits$41,038 43,146 Interest-bearing deposits126,214 125,766 Total deposits167,252 168,912 Federal funds purchased204 193 Other short-term borrowings4,450 2,861 Accrued taxes, interest and expenses2,137 2,195 Other liabilities(a)4,902 4,861 Long-term debt(a)14,337 16,380 Total Liabilities$193,282 195,402 EquityCommon stock(b)$2,051 2,051 Preferred stock(c)2,116 2,116 Capital surplus3,804 3,757 Retained earnings24,150 22,997 Accumulated other comprehensive loss(4,636)(4,487)Treasury stock(b)(7,840)(7,262)Total Equity$19,645 19,172 Total Liabilities and Equity$212,927 214,574 

(a)Includes $51 and $55 of other short-term investments, $1,000 and $1,573 of portfolio loans and leases, $(19) and $(28) of ALLL, $5 and $10 of other assets, $12 and $14 of other liabilities and $889 and $1,409 of long-term debt from consolidated VIEs that are included in their respective captions above at December 31, 2024 and 2023, respectively. For further information, refer to Note 12.

(b)Common shares: Stated value $2.22 per share; authorized 2,000,000,000