Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 332

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 332
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ValuationTechniqueSignificantUnobservable InputsRange of InputsWeighted-AverageResidential mortgage loans$107 Loss rate modelInterest rate risk factor(52.0)-6.4%(10.1)%(a)Credit risk factor— -0.7%0.1 %(a)Servicing rights1,601 DCFPrepayment speed— -100.0%(Fixed)6.9 %(b)(Adjustable)18.9 %(b)OAS (bps)335 -1,827(Fixed)441(b)(Adjustable)714(b)IRLCs, net8 DCFLoan closing rates18.9 -96.0%81.9 %(c)Swap associated with the sale of Visa, Inc. Class B Shares(150)DCFTiming of the resolution   of the Covered LitigationQ4 2027-Q1 2029Q2 2028(d)(a)Unobservable inputs were weighted by the relative carrying value of the instruments.(b)Unobservable inputs were weighted by the relative unpaid principal balance of the instruments.(c)Unobservable inputs were weighted by the relative notional amount of the instruments.(d)Unobservable inputs were weighted by the probability of the final funding date of the instruments.As of September 30, 2024 ($ in millions)Financial InstrumentFair ValueValuationTechniqueSignificantUnobservable InputsRange of InputsWeighted-AverageResidential mortgage loans$114 Loss rate modelInterest rate risk factor(52.3)-4.3 %(9.3)%(a)Credit risk factor— -0.5 %0.1 %(a)Servicing rights1,656 DCFPrepayment speed— -100.0 %(Fixed)6.7 %(b)(Adjustable)22.0 %(b)OAS (bps)420-1,833(Fixed)470(b)(Adjustable)696(b)IRLCs, net6 DCFLoan closing rates18.5 -96.0 %78.7 %(c)Swap associated with the sale of Visa, Inc. Class B Shares(196)DCFTiming of the resolution   of the Covered LitigationQ4 2026-Q1 2028Q2 2027(d)(a)Unobservable inputs were weighted by the relative carrying value of the instruments.(b)Unobservable inputs were weighted by the relative unpaid principal balance of the instruments.(c)Un