Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 169

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 169
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 following tables are a reconciliation of assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):Fair Value Measurements Using Significant Unobservable Inputs (Level 3)For the three months ended June 30, 2025 ($ in millions)ResidentialMortgageLoansServicingRightsInterest RateDerivatives,Net(a)EquityDerivativesTotalFair ValueBalance, beginning of period$109 1,663 — (173)1,599 Total (losses) gains (realized/unrealized):(b) Included in earnings— (49)12 (1)(38)Purchases/originations— 15 — — 15 Settlements(3)— (10)29 16 Transfers into Level 3(c)1 — — — 1 Balance, end of period$107 1,629 2 (145)1,593 The amount of total (losses) gains for the period included in earnings attributable to the change in unrealized gains or losses relating to instruments still held at June 30, 2025$— (26)8 (1)(19)(a)Net interest rate derivatives include derivative assets and liabilities of $7 and $5, respectively, as of June 30, 2025.(b)There were no unrealized gains or losses for the period included in other comprehensive income for instruments still held at June 30, 2025. (c)Includes certain residential mortgage loans originated as held for sale that were transferred to held for investment.Fair Value Measurements Using Significant Unobservable Inputs (Level 3)For the three months ended June 30, 2024 ($ in millions)ResidentialMortgageLoansServicingRightsInterest RateDerivatives,Net(a)EquityDerivativesTotalFair ValueBalance, beginning of period$113 1,756 — (162)1,707 Total (losses) gains (realized/unrealized):(b) Included in earnings(1)(30)12 (23)(42)Purchases/originations— 10 — — 10 Sales— (5)— — (5)Settlements(4)— (12)21 5 Transfers into Level 3(c)1 — — — 1 Balance, end of period$109 1