Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 165

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 8
Chunk 165
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 million for the three months ended September 30, 2025 and 2024, respectively, and $507 million and $457 million for the nine months ended September 30, 2025 and 2024, respectively. The effective tax rates for the three months ended September 30, 2025 and 2024 were 22.6% and 21.3%, respectively, and 22.1% and 21.3% for the nine months ended September 30, 2025 and 2024, respectively. 

16.  Earnings Per Share

The following table provides the calculation of earnings per share and the reconciliation of earnings per share and earnings per diluted share:For the three months endedSeptember 30,For the nine months endedSeptember 30,($ in millions, except per share data)2025202420252024Net income available to common shareholders$608 532 1,677 1,573 Average common shares outstanding - basic666 681 669 684 Effect of dilutive stock-based awards5 5 5 5 Average common shares outstanding - diluted671 686 674 689 Earnings per share - basic$0.91 0.78 2.51 2.30 Earnings per share - diluted0.91 0.78 2.49 2.28 Anti-dilutive stock-based awards excluded from diluted shares— 1 2 2 

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

17.  Accumulated Other Comprehensive Income

The tables below present the activity of the components of OCI and AOCI for the three months ended:Total OCI Total AOCI September 30, 2025 ($ in millions)Pre-tax ActivityTaxEffectNetActivityBeginning BalanceNetActivityEndingBalanceUnrealized holding gains on available-for-sale debt securities arising during period$305 (75)230 Reclassification adjustment for net losses on available-for-sale debt securities included in net income— — — Net unrealized losses on available-for-sale debt securities305 (75)230 (2,620)230 (2,390)Amortization of unrealized losses on available-for-sale debt securities transferred to held-to-maturity securities included in net income31 (6)25 Net unrealized losses on available-for-sale debt securities transferred to held-to-maturity securities31