Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 276

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 276
---
— — 2 0.08 Total consumer portfolio loans$13 2 1 5 21 0.08 

83

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

Financial effects of loan modificationsThe following tables present the financial effects of the Bancorp’s significant types of portfolio loan modifications to borrowers experiencing financial difficulty, by portfolio class:For the three months endedJune 30,Financial Effects20252024Commercial loans:Commercial and industrial loansWeighted-average length of term extensions20 months10 monthsWeighted-average length of payment delay9 months6 monthsCommercial mortgage owner-occupied loansWeighted-average length of term extensions6 months12 monthsWeighted-average length of payment delay6 months6 monthsCommercial construction loansWeighted-average length of term extensions12 months6 monthsResidential mortgage loansWeighted-average length of term extensions8.6 years9.1 yearsWeighted-average interest rate reductionFrom 6.5% to 5.0%From 7.9% to 7.2%Approximate amount of payment delays as a percentage of the related loan balances9%11%Consumer loans:Home equityWeighted-average length of term extensions21.6 years24.0 yearsWeighted-average interest rate reductionFrom 8.6% to 7.0% From 8.8% to 7.1%Approximate amount of payment delays as a percentage of the related loan balances4%5%Credit cardWeighted-average interest rate reductionFrom 23.2% to 4.1%From 23.7% to 3.7%For the six months endedJune 30,Financial Effects20252024Commercial loans:Commercial and industrial loansWeighted-average length of term extensions16 months9 monthsWeighted-average length of payment delay9 months5 monthsCommercial mortgage owner-occupied loansWeighted-average length of term extensions7 months9 monthsWeighted-average length of payment delay10 months6 monthsCommercial mortgage nonowner-occupied loansWeighted-average length of term extensions6 months6 monthsCommercial construction loansWeighted-average length of term extensions12 months6 monthsWeighted-average length of payment delay7 monthsN/AResidential mortgage loansWeighted-average length of term extensions9.2 years10.2 yearsWeighted-average interest rate reductionFrom 6.6% to 5.3%From 7.8% to 7.2%Approximate amount of payment