Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 181

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 181
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 revenue$— 66 100 — 166 Commercial payments revenue132 22 — (2)152 Consumer banking revenue— 146 1 — 147 Capital markets fees89 1 — — 90 Commercial banking revenue78 1 — — 79 Mortgage banking net revenue— 56 — — 56 Other noninterest income22 1 — 21 44 Securities gains, net— — — 16 16 Total noninterest income$321 293 101 35 750 Noninterest expense:Compensation and benefits$151 230 55 262 698 Technology and communications3 8 — 115 126 Net occupancy expense9 54 3 17 83 Equipment expense8 13 — 20 41 Marketing expense1 31 — 11 43 Loan and lease expense8 21 — 7 36 Card and processing expense3 19 — — 22 Other noninterest expense(b)270 270 37 (362)215 Total noninterest expense$453 646 95 70 1,264 Income (loss) before income taxes (FTE)(a)$384 648 65 (284)813 Average assets$78,309 55,696 4,855 71,694 210,554 (a)Includes FTE adjustments of $3 for Commercial Banking and $2 for General Corporate and Other.(b)Includes segment expenses which are classified as other noninterest expense and allocations of corporate and shared services expenses.(c)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.

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

June 30, 2024 ($ in millions)CommercialBankingConsumerand Small BusinessBankingWealthand AssetManagementGeneralCorporate and Other(c)TotalNet interest income (FTE)(a)$634 1,081 54 (376)1,393 Provision for (benefit from) credit losses137 70 — (110)97 Net interest income after provision for (benefit from) credit losses$497 1,011 54 (266)1,296 Noninterest income:Wealth and asset management revenue$1