Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 87

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 7
Chunk 87
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 and rollover risk. The investment securities portfolio remains highly concentrated in liquid and readily marketable instruments and is a significant source of secured borrowing capacity via several monetization channels. As part of its liquidity management activities, the Bancorp maintains collateral at its secured funding providers to ensure immediate availability of funding. Additionally, the Bancorp routinely executes test trades to assess the operational processes and market depth associated with its secured funding sources.

As of June 30, 2025, the Bancorp (parent company) had sufficient liquidity to meet contractual obligations and all preferred and common dividends without accessing the capital markets or receiving upstream dividends from the Bank subsidiary for 30 months.

Credit Ratings

The cost and availability of financing to the Bancorp and Bank are impacted by its credit ratings. A downgrade to the credit ratings of the Bancorp or the Bank could affect their ability to access the credit markets and increase borrowing costs, thereby adversely impacting their financial condition and liquidity. Key factors in maintaining high credit ratings include a stable and diverse earnings stream, strong credit quality, strong capital ratios and diverse funding sources, in addition to disciplined liquidity monitoring procedures.

Credit ratings are summarized in Table 58. The ratings reflect the view of each rating agency on the capacity of the Bancorp and the Bank to meet financial commitments.*

*As an investor, you should be aware that a security rating is not a recommendation to buy, sell or hold securities, that it may be subject to revision or withdrawal at any time by the assigning rating organization and that each rating should be evaluated independently of any other rating. Additional information on the credit rating ranking within the overall classification system is located on the website of each credit rating agency.

TABLE 58:  Agency RatingsAs of August 5, 2025Moody’sStandard and Poor’sFitchDBRS Morningstar Fifth Third Bancorp:Short-term borrowingsNo ratingA-2F1R-1LSenior debtBaa1BBB+A-ASubordinated debtBaa1BBBBBB+ALFifth Third Bank, National Association:Short-term borrowingsP-2A-2F1R-1MShort-term depositP-1No ratingF1No ratingLong-term depositA1No ratingAAHSenior debtA3A-A-AHSubordinated debtA3BBB+BBB+ARating Agency Outlook for Fifth Third Bancorp and Fifth Third Bank, National AssociationStableStableStablePositive

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Table of ContentsManagement’s Discussion and Analysis of Financial Condition and Results of