Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 294

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 294
---
(c)TotalNet interest income (FTE)(a)$663 1,152 59 (484)1,390 Provision for (benefit from) credit losses71 84 — (61)94 Net interest income after provision for (benefit from) credit losses$592 1,068 59 (423)1,296 Noninterest income:Wealth and asset management revenue$1 59 101 — 161 Commercial payments revenue125 20 — — 145 Consumer banking revenue— 132 1 2 135 Capital markets fees96 1 — — 97 Commercial banking revenue85 — — — 85 Mortgage banking net revenue— 54 — — 54 Other noninterest income17 1 — 5 23 Securities gains, net1 — — 9 10 Total noninterest income$325 267 102 16 710 Noninterest expense:Compensation and benefits$186 237 62 268 753 Technology and communications4 7 — 106 117 Net occupancy expense9 54 3 21 87 Equipment expense7 13 — 17 37 Loan and lease expense6 17 — 6 29 Marketing expense1 22 — 9 32 Card and processing expense2 19 — (1)20 Other noninterest expense(b)275 281 38 (327)267 Total noninterest expense$490 650 103 99 1,342 Income (loss) before income taxes (FTE)(a)$427 685 58 (506)664 Average assets$77,415 51,363 4,413 80,012 213,203 (a)Includes FTE adjustments of $4 for Commercial Banking and $2 for General Corporate and Other.(b)Includes segment expenses which are classified as other noninterest expense and allocations of corporate and shared services expenses.(c)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.

110

PART II. OTHER INFORMATION