Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 92

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 92
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Table of Contents

Fifth Third Bancorp and SubsidiariesCondensed Consolidated Financial Statements and Notes (Item 1)CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)As ofJune 30,December 31,($ in millions, except share data)20252024AssetsCash and due from banks$2,972 3,014 Other short-term investments(a)13,043 17,120 Available-for-sale debt and other securities (amortized cost of $41,731 and $43,878)38,270 39,547 Held-to-maturity securities (fair value of $11,547 and $10,965)11,630 11,278 Trading debt securities1,324 1,185 Equity securities404 341 Loans and leases held for sale (includes $572 and $574 of residential mortgage loans measured at fair value)646 640 Portfolio loans and leases(a) (includes $107 and $108 of residential mortgage loans measured at fair value)122,396 119,791 Allowance for loan and lease losses(a)(2,412)(2,352)Portfolio loans and leases, net119,984 117,439 Bank premises and equipment (includes $9 and $14 held for sale)2,560 2,475 Operating lease equipment344 319 Goodwill4,918 4,918 Intangible assets75 90 Servicing rights1,629 1,704 Other assets(a)12,192 12,857 Total Assets$209,991 212,927 LiabilitiesDeposits:Noninterest-bearing deposits$42,174 41,038 Interest-bearing deposits122,033 126,214 Total deposits164,207 167,252 Federal funds purchased178 204 Other short-term borrowings3,393 4,450 Accrued taxes, interest and expenses1,970 2,137 Other liabilities(a)4,627 4,902 Long-term debt(a)14,492 14,337 Total Liabilities$188,867 193,282 EquityCommon stock(b)$2,051 2,051 Preferred stock(c)2,116 2,116 Capital surplus3,794 3,804 Retained earnings24,718 24,150 Accumulated other comprehensive loss(3,546)(4,636