Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 483

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 483
---
024 Compared to 20232023 Compared to 2022($ in millions)VolumeYield/RateTotalVolumeYield/RateTotalAssets:Interest-earning assets:Loans and leases:Commercial and industrial loans$(334)104 (230)61 1,425 1,486 Commercial mortgage loans14 20 34 22 235 257 Commercial construction loans18 12 30 6 135 141 Commercial leases2 22 24 (6)16 10 Total commercial loans and leases$(300)158 (142)83 1,811 1,894 Residential mortgage loans(16)40 24 (58)34 (24)Home equity5 27 32 (2)123 121 Indirect secured consumer loans(16)151 135 (34)161 127 Credit card(11)(5)(16)8 23 31 Solar energy installation loans71 67 138 146 19 165 Other consumer loans(42)13 (29)36 36 72 Total consumer loans$(9)293 284 96 396 492 Total loans and leases$(309)451 142 179 2,207 2,386 Securities:Taxable(26)96 70 114 126 240 Exempt from income taxes(2)1 (1)10 6 16 Other short-term investments462 (8)454 (5)545 540 Total change in interest income$125 540 665 298 2,884 3,182 Liabilities:Interest-bearing liabilities:Interest checking deposits$195 177 372 48 1,207 1,255 Savings deposits(22)(6)(28)(4)119 115 Money market deposits125 259 384 4 595 599 Foreign office deposits— — — — 2 2 CDs $250,000 or less89 35 124 71 228 299 Total interest-bearing core deposits$387 465 852 119 2,151 2,270 CDs over $250,000(63)18 (45)148 64 212 Federal funds purchased(5)1 (4)(1)10 9 Securities sold under repurchase agreements— 3 3 —