Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 165

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 165
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aturity securities(930)195 (735)— (735)(735)Unrealized holding losses on cash flow hedge derivatives arising during period(557)132 (425)Reclassification adjustment for net losses on cash flow hedge derivatives included in net income179 (41)138 Net unrealized losses on cash flow hedge derivatives(378)91 (287)(372)(287)(659)Defined benefit pension plans, net— — — (17)— (17)Other— — — (4)— (4)Total$(548)134 (414)(4,487)(414)(4,901)

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

The table below presents reclassifications out of AOCI:Condensed Consolidated Statements of Income CaptionFor the three months endedJune 30,For the six months endedJune 30,($ in millions)2025202420252024Net unrealized losses on available-for-sale debt securities:(a)Net losses included in net incomeSecurities gains, net$— (4)— (7)Income before income taxes— (4)— (7)Applicable income tax expense— 1 — 2 Net income— (3)— (5)Net unrealized losses on available-for-sale debt securities transferred to held-to-maturity securities:(a)Net losses included in net incomeInterest on securities(28)(32)(60)(64)Income before income taxes(28)(32)(60)(64)Applicable income tax expense6 7 13 14 Net income(22)(25)(47)(50)Net unrealized losses on cash flow hedge derivatives:(a)Interest rate contracts related to C&I, commercial mortgage and commercial construction loansInterest and fees on loans and leases(50)(90)(105)(179)Income before income taxes(50)(90)(105)(179)Applicable income tax expense12 21 25 41 Net income(38)(69)(80)(138)Total reclassifications for the periodNet income$(60)(97)(127)(193)(a)Amounts in parentheses indicate reductions to net income.

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

18.  Fair Value Measurements

The Bancorp measures certain financial assets and liabilities at fair