Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 78

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 7
Chunk 78
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 Bank, National Association6.00 8.00 12.78 20,980 12.86 20,943 Total risk-based capital:Fifth Third Bancorp8.00 10.00 13.63 22,530 13.86 22,746 Fifth Third Bank, National Association8.00 10.00 14.02 23,020 14.19 23,116 Leverage:Fifth Third Bancorp4.00 N/A9.23 19,355 9.22 19,455 Fifth Third Bank, National Association4.00 5.00 10.10 20,980 10.02 20,943 Total risk-weighted assets:Fifth Third Bancorp165,326 164,102 Fifth Third Bank, National Association164,176 162,895 Quarterly average assets for leverage:(b)Fifth Third Bancorp209,678 210,963 Fifth Third Bank, National Association207,723 209,038 

(a)Regulatory capital ratios and amounts as of December 31, 2024 were calculated pursuant to the five-year transition provision option to phase in the effects of CECL on regulatory capital. This has been fully phased in as of January 1, 2025.

(b)Quarterly average assets are a component of the leverage ratio and, for this purpose, do not include goodwill or any other assets that the U.S. banking agencies determine should be deducted from Tier 1 capital.

The following table presents additional capital ratios of the Bancorp as of:

TABLE 59:  Additional Capital RatiosMarch 31,2025December 31,2024Quarterly average total Bancorp shareholders’ equity as a percent of average assets9.50  %9.40 Tangible equity as a percent of tangible assets(a)(b)9.07 9.02 Tangible common equity as a percent of tangible assets(a)(b)8.07 8.03 

(a)These are non-GAAP measures. For further information, refer to the Non-GAAP Financial Measures section of MD&A.

(b)Excludes AOCI.

Capital Planning

The Bancorp maintains a comprehensive process for managing capital that considers the current and forward-looking macroeconomic and regulatory environments and makes capital distributions that are consistent with FRB requirements and the stress capital buffer requirement. Under the Enhanced Prudential Standards tailoring