Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 256

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 256
---
446)(7,541)20,784 Balance at December 31, 2024$2,051 2,116 3,804 24,150 (4,636)(7,840)19,645 Net income1,791 1,791 Other comprehensive income, net of tax1,360 1,360 Cash dividends declared:Common stock ($1.14 per share)(770)(770)Preferred stock:     Series H ($1,441.19 per share)(34)(34)     Series I ($1,569.50 per share)(28)(28)     Series J ($1,459.39 per share)(18)(18)     Series K ($928.13 per share)(9)(9)     Series L ($843.75 per share)(12)(12)     Class B, Series A ($45.00 per share)(9)(9)Redemption of preferred stock, Series L(346)(4)(350)Shares acquired for treasury(529)(529)Impact of stock transactions under stock compensation plans, net9 61 70 Balance at September 30, 2025$2,051 1,770 3,813 25,057 (3,276)(8,308)21,107 

Refer to the Notes to Condensed Consolidated Financial Statements.

63

Fifth Third Bancorp and SubsidiariesCondensed Consolidated Financial Statements and Notes (continued)CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)For the nine months ended September 30,($ in millions)20252024Operating ActivitiesNet income$1,791 1,694 Adjustments to reconcile net income to net cash provided by operating activities:Provision for credit losses544 351 Depreciation, amortization and accretion412 371 Stock-based compensation expense135 133 Provision for deferred income taxes43 8 Securities gains, net(28)(32)MSR fair value adjustment139 112 Net gains on sales of loans and fair value adjustments on loans held for sale(52)(30)Proceeds from sales of loans held for sale3,689 2,893 Loans originated or purchased for sale, net of repayments(3,643)(3,076)Dividends representing return on equity method investments31 32 Net change in:Equity and trading debt securities(