Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 328

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 328
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 solar energy installation and other consumer lending activities. Residential mortgage activities include the origination, retention and servicing of residential mortgage loans, sales and securitizations of those loans and all associated hedging activities. Indirect lending activities include extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers and marine dealers. Solar energy installation loans and certain other consumer loans are originated through a network of contractors and installers.

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

Wealth and Asset Management provides a full range of wealth management solutions for individuals, companies and not-for-profit organizations, including wealth planning, investment management, banking, insurance, trust and estate services. These offerings include retail brokerage services for individual clients, advisory services for institutional clients including middle market businesses, non-profits, states and municipalities, and wealth management strategies and products for high net worth and ultra-high net worth clients.The following tables present the results of operations and average assets by segment for the three months ended:June 30, 2025 ($ in millions)CommercialBankingConsumerand Small BusinessBankingWealthand AssetManagementGeneralCorporate and Other(c)TotalNet interest income (FTE)(a)$595 1,085 57 (237)1,500 Provision for (benefit from) credit losses79 84 (2)12 173 Net interest income after provision for (benefit from) credit losses$516 1,001 59 (249)1,327 Noninterest income:Wealth and asset management revenue$— 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