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

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 7
Chunk 10
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)$21,216 20,251 20,633 19,232 Less: Average preferred stock2,112 2,116 2,115 2,116 Average goodwill4,937 4,918 4,924 4,918 Average intangible assets77 103 81 112 Average tangible common equity (2)$14,090 13,114 13,513 12,086 Return on average tangible common equity (1) / (2)17.3 %16.3 16.8 17.6 

The Bancorp considers various measures when evaluating capital utilization and adequacy, including the tangible equity ratio and tangible common equity ratio, in addition to capital ratios defined by the U.S. banking agencies. These calculations are intended to complement the capital ratios defined by the U.S. banking agencies for both absolute and comparative purposes. As U.S. GAAP does not include capital ratio measures, the Bancorp believes there are no comparable U.S. GAAP financial measures to these ratios. These ratios are not formally defined by U.S. GAAP or codified in the federal banking regulations and, therefore, are considered to be non-GAAP financial measures. 

The following table reconciles non-GAAP capital ratios to U.S. GAAP:

TABLE 4:  Non-GAAP Financial Measures - Capital RatiosAs of ($ in millions)September 30,2025December 31,2024Total Bancorp Shareholders’ Equity (U.S. GAAP)$21,107 19,645 Less: Preferred stock1,770 2,116 Goodwill4,947 4,918 Intangible assets76 90 AOCI(3,276)(4,636)Tangible common equity, excluding AOCI (1)$17,590 17,157 Add: Preferred stock1,770 2,116 Tangible equity (2)$19,360 19,273 Total Assets (U.S. GAAP)$212,903 212,927 Less: Goodwill4,947 4,918 Intangible assets76 90 AOCI, before tax(4,311)(5,868)Tangible assets, excluding AOCI (3)$212,191 213,787 Ratios:Tangible equity as a percentage of tangible assets (2) / (3)9.12  %9.02 Tangible common equity as a percentage