Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 523

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 523
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orp

Table of Contents MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following table provides an analysis of the residential mortgage portfolio loans outstanding by LTV at origination:

TABLE 35:  Residential Mortgage Portfolio Loans by LTV at Origination20242023As of December 31 ($ in millions)OutstandingWeighted-Average LTVOutstandingWeighted-Average LTVLTV ≤ 80%$11,836 63.5 %$11,718 62.7 %LTV > 80%, with mortgage insurance(a)3,165 95.5 2,996 95.1 LTV > 80%, no mortgage insurance2,542 90.9 2,312 91.1 Total$17,543 73.5 %$17,026 72.4 %

(a)Includes loans with either borrower or lender paid mortgage insurance.

The following tables provide an analysis of the residential mortgage portfolio loans outstanding by state with a greater than 80% LTV at origination and no mortgage insurance:

TABLE 36:  Residential Mortgage Portfolio Loans, LTV Greater Than 80% at Origination, No Mortgage InsuranceAs of December 31, 2024 ($ in millions)Outstanding90 Days Past Due and AccruingNonaccrualBy State:Ohio$518 1 7 Illinois518 — 5 Florida457 — 2 North Carolina202 — — Michigan167 — 2 Indiana165 — 2 Kentucky130 — 1 All other states385 — 5 Total$2,542 1 24 

TABLE 37:  Residential Mortgage Portfolio Loans, LTV Greater Than 80% at Origination, No Mortgage InsuranceAs of December 31, 2023 ($ in millions)Outstanding90 Days Past Due and AccruingNonaccrualBy State:Ohio$512 — 8 Illinois462 1 4 Florida407 — 1 North Carolina163 — 1 Michigan167 — 1 Indiana166 — 2 Kentucky123 — 1 All other states312 — 5 Total$2,312 1 23 

Net charge-offs on residential mortgage loans with an LTV greater than 80% at origination and no mortgage insurance