Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 7

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 7
Chunk 7
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: 

•CET1 capital ratio: 10.58%;

•Tier 1 risk-based capital ratio: 11.85%;

•Total risk-based capital ratio: 13.77%; 

•Leverage ratio: 9.42%.

6

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

NON-GAAP FINANCIAL MEASURES

The following are non-GAAP financial measures which provide useful insight to the reader of the Condensed Consolidated Financial Statements but should be supplemental to primary U.S. GAAP measures and should not be read in isolation or relied upon as a substitute for the primary U.S. GAAP measures. The Bancorp encourages readers to consider the Condensed Consolidated Financial Statements in their entirety and not to rely on any single financial measure.

The FTE basis adjusts for the tax-favored status of income from certain loans and leases and securities held by the Bancorp that are not taxable for federal income tax purposes. The Bancorp believes this presentation to be the preferred industry measurement of net interest income as it provides a relevant comparison between taxable and non-taxable amounts.

The following table reconciles the non-GAAP financial measures of net interest income on an FTE basis, interest income on an FTE basis, net interest margin, net interest rate spread and the efficiency ratio to U.S. GAAP:

TABLE 2:  Non-GAAP Financial Measures - Financial Measures and Ratios on an FTE basisFor the three months endedJune 30,For the six months endedJune 30,($ in millions)2025202420252024Net interest income (U.S. GAAP)$1,495 1,387 2,932 2,771 Add: FTE adjustment5 6 10 12 Net interest income on an FTE basis (1)$1,500 1,393 2,942 2,783 Net interest income on an FTE basis (annualized) (2)6,016 5,603 5,933 5,597 Interest income (U.S. GAAP)$2,484 2,620 4,917 5,228 Add: FTE adjustment5 6 10 12 Interest income on an FTE basis$2,489 2,626 4,927 5,240 Interest income on an FTE basis (annualized) (3)9,983 10,562