Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 334

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 334
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— 9 9 — — Private equity investments— 3 — 3 2 11 Total$— 3 395 398 (79)(178)The following tables present information as of September 30, 2025 and 2024 about significant unobservable inputs related to the Bancorp’s material categories of Level 3 financial assets and liabilities measured at fair value on a nonrecurring basis:As of September 30, 2025 ($ in millions)Financial InstrumentFair ValueValuation TechniqueSignificant Unobservable InputsRanges ofInputsWeighted-AverageCommercial loans and leases$171 Appraised valueCollateral valueNMNMConsumer and residential mortgage loans216 Appraised valueCollateral valueNMNMOREO4 Appraised valueAppraised valueNMNMBank premises and equipment1 Appraised valueAppraised valueNMNMPrivate equity investments— Comparable company analysisMarket comparable transactionsNMNMAs of September 30, 2024 ($ in millions)Financial InstrumentFair ValueValuation TechniqueSignificant Unobservable InputsRanges ofInputsWeighted-AverageCommercial loans held for sale$47 Comparable company analysisMarket comparable transactionsNMNMCommercial loans and leases125 Appraised valueCollateral valueNMNMConsumer and residential mortgage loans208 Appraised valueCollateral valueNMNMOREO6 Appraised valueAppraised valueNMNMBank premises and equipment9 Appraised valueAppraised valueNMNMPrivate equity investments— Comparable company analysisMarket comparable transactionsNMNM       Commercial loans held for saleThe Bancorp estimated the fair value of certain commercial loans held for sale during the three and nine months ended September 30, 2024. These valuations were based on appraisals of the underlying collateral or by applying unobservable inputs such as an estimated market discount to the unpaid principal balance of the loans or the appraised value of the assets (Level 3 of the valuation hierarchy). Portfolio loans and leasesDuring the three and nine months ended September 30, 2025 and 2024, the Bancorp recorded nonrecurring adjustments to certain portfolio loans and leases. These valuations were based on appraisals of the underlying collateral or by applying unobservable inputs such as an estimated market discount to the unpaid principal balance of the loans or the appraised value of the assets (Level 3 of the valuation hierarchy).OREODuring the three and nine months ended September 30, 2025 and 2024, the Bancorp recorded nonrecurring adjustments to