Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 28

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 7
Chunk 28
---
 and Results of Operations (continued)

TABLE 14:  Components of Average Loans and Leases (including average loans and leases held for sale)For the three months ended ($ in millions)September 30, 2025September 30, 2024Commercial loans and leases:Commercial and industrial loans$54,196 51,630 Commercial mortgage loans12,043 11,488 Commercial construction loans5,541 5,982 Commercial leases3,177 2,686 Total commercial loans and leases$74,957 71,786 Consumer loans:Residential mortgage loans18,279 17,604 Home equity4,580 4,018 Indirect secured consumer loans17,729 15,680 Credit card1,678 1,708 Solar energy installation loans4,355 3,990 Other consumer loans2,415 2,629 Total consumer loans$49,036 45,629 Total average loans and leases$123,993 117,415 Total average portfolio loans and leases (excluding loans and leases held for sale)$123,326 116,826 

Average loans and leases, including average loans and leases held for sale, increased $6.6 billion, or 6%, for the three months ended September 30, 2025 compared to the same period in the prior year driven by increases in both average consumer loans and average commercial loans and leases.

Average commercial loans and leases increased $3.2 billion, or 4%, for the three months ended September 30, 2025 compared to the same period in the prior year due to increases in average commercial and industrial loans, average commercial mortgage loans and average commercial leases, partially offset by a decrease in average commercial construction loans. Average commercial and industrial loans increased $2.6 billion, or 5%, for the three months ended September 30, 2025 compared to the same period in the prior year primarily as a result of loan originations exceeding payoffs. Average commercial mortgage loans increased $555 million, or 5%, for the three months ended September 30, 2025 compared to the same period in the prior year and included the impact of commercial construction loans transitioning to commercial mortgage loans and increased originations. Average commercial leases increased $491 million, or 18%, for the three months ended September 30, 2025 compared to the same period in the prior year primarily driven by an increase in lease originations as a result of