Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 211

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 211
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 National Association8.00 10.00 14.02 23,020 14.19 23,116 Leverage:Fifth Third Bancorp4.00 N/A9.23 19,355 9.22 19,455 Fifth Third Bank, National Association4.00 5.00 10.10 20,980 10.02 20,943 Total risk-weighted assets:Fifth Third Bancorp165,326 164,102 Fifth Third Bank, National Association164,176 162,895 Quarterly average assets for leverage:(b)Fifth Third Bancorp209,678 210,963 Fifth Third Bank, National Association207,723 209,038 

(a)Regulatory capital ratios and amounts as of December 31, 2024 were calculated pursuant to the five-year transition provision option to phase in the effects of CECL on regulatory capital. This has been fully phased in as of January 1, 2025.

(b)Quarterly average assets are a component of the leverage ratio and, for this purpose, do not include goodwill or any other assets that the U.S. banking agencies determine should be deducted from Tier 1 capital.

The following table presents additional capital ratios of the Bancorp as of:

TABLE 59:  Additional Capital RatiosMarch 31,2025December 31,2024Quarterly average total Bancorp shareholders’ equity as a percent of average assets9.50  %9.40 Tangible equity as a percent of tangible assets(a)(b)9.07 9.02 Tangible common equity as a percent of tangible assets(a)(b)8.07 8.03 

(a)These are non-GAAP measures. For further information, refer to the Non-GAAP Financial Measures section of MD&A.

(b)Excludes AOCI.

Capital Planning

The Bancorp maintains a comprehensive process for managing capital that considers the current and forward-looking macroeconomic and regulatory environments and makes capital distributions that are consistent with FRB requirements and the stress capital buffer requirement. Under the Enhanced Prudential Standards tailoring rules, the Bancorp is subject to Category IV standards, under which the Bancorp is required to develop and maintain a capital plan approved by the Board of Directors on an annual basis. The Bancorp is also subject to supervisory stress tests every two years. The Bancorp was not subject to the 2025 supervisory stress