Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 257

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 257
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 30, 2024 ($ in millions)CommercialResidentialMortgageConsumerTotalBalance, beginning of period$1,141 140 1,037 2,318 Losses charged-off(a)(83)(1)(98)(182)Recoveries of losses previously charged-off(a)3 1 34 38 Provision for (benefit from) loan and lease losses52 (4)66 114 Balance, end of period$1,113 136 1,039 2,288 (a)The Bancorp recorded $7 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.For the six months ended June 30, 2025 ($ in millions)CommercialResidentialMortgageConsumerTotalBalance, beginning of period$1,154 146 1,052 2,352 Losses charged off(a)(156)(1)(209)(366)Recoveries of losses previously charged off(a)20 2 68 90 Provision for (benefit from) loan and lease losses275 (13)74 336 Balance, end of period$1,293 134 985 2,412 (a)The Bancorp recorded $10 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.For the six months ended June 30, 2024 ($ in millions)CommercialResidential MortgageConsumerTotalBalance, beginning of period$1,130 145 1,047 2,322 Losses charged off(a)(123)(1)(204)(328)Recoveries of losses previously charged off(a)8 2 64 74 Provision for (benefit from) loan and lease losses98 (10)132 220 Balance, end of period$1,113 136 1,039 2,288 (a)The Bancorp recorded $15 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.

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

         The following tables provide a summary of the ALL