Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 507

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 507
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5.9 3.93 Average life after ten years5 3 13.5 5.75 Total$3,924 3,729 3.2 3.54 %Other securities778 778 Total available-for-sale debt and other securities$43,878 39,547 5.0 3.08 %

(a)Taxable-equivalent yield adjustments included in the above table are 0.01%, 0.18% and 0.03% for securities with an average life between 5 and 10 years, average life greater than 10 years and in total, respectively.

72 Fifth Third Bancorp 

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

TABLE 24:  Characteristics of Held-to-Maturity SecuritiesAs of December 31, 2024 ($ in millions)Amortized Cost(b)Fair ValueWeighted-Average Life(in years)Weighted-Average YieldU.S. Treasury and federal agencies securities:Average life after one year through five years$2,370 2,344 3.02.45 %Total$2,370 2,344 3.02.45 %Agency residential mortgage-backed securities:Average life after five years through ten years4,898 4,701 8.93.41 Total$4,898 4,701 8.93.41  %Agency commercial mortgage-backed securities:(a)Average life within one year38 38 0.23.59 Average life after one year through five years861 847 3.63.84 Average life after five years through ten years2,650 2,585 7.03.90 Average life after ten years459 448 11.14.70 Total$4,008 3,918 6.73.98  %Asset-backed securities and other debt securities:Average life after ten years2 2 10.88.02 Total$2 2 10.88.02  %Total held-to-maturity securities$11,278 10,965 6.93.41  %

(a)Taxable-equivalent yield adjustments included in the above table are 0.01%, 0.02%, 0.60% and 0.08% for securities with an average life between 1 and 5 years, average life between