Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 68

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 7
Chunk 68
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 by increases in average consumer loan balances for both the three and six months ended June 30, 2025. 

44

Table of ContentsManagement’s Discussion and Analysis of Financial Condition and Results of Operations (continued)

TABLE 49:  Summary of Credit Loss ExperienceFor the three months endedJune 30,For the six months endedJune 30,($ in millions)2025202420252024Losses charged-off:Commercial and industrial loans$(84)(83)(137)(123)Commercial mortgage loans(4)— (15)— Commercial leases(2)— (4)— Residential mortgage loans— (1)(1)(1)Home equity(2)(1)(3)(3)Indirect secured consumer loans(33)(31)(69)(66)Credit card(20)(22)(42)(46)Solar energy installation loans(23)(14)(44)(28)Other consumer loans(a)(26)(30)(51)(61)Total losses charged-off$(194)(182)(366)(328)Recoveries of losses previously charged-off:Commercial and industrial loans$15 3 16 8 Commercial mortgage loans1 — 1 — Commercial leases3 — 3 — Residential mortgage loans1 1 2 2 Home equity2 2 2 3 Indirect secured consumer loans17 14 31 24 Credit card5 5 10 10 Solar energy installation loans3 2 6 4 Other consumer loans(a)8 11 19 23 Total recoveries of losses previously charged-off$55 38 90 74 Net losses charged-off:Commercial and industrial loans$(69)(80)(121)(115)Commercial mortgage loans(3)— (14)— Commercial leases1 — (1)— Residential mortgage loans1 — 1 1 Home equity— 1 (1)— Indirect secured consumer loans(16)(17)(38)(42)Credit card(15)(17)(32)(36)Solar energy installation loans(20)(12)(38)(24)Other consumer loans(18)(19)(32)(38)Total net losses charged-off$(139)(144)(276)(254)Net losses charged-off as a percent of average portfolio loans and leases:Commercial and industrial loans0.51 %0.61 0.45 0.44 Commercial mortgage loans0.11 0.01 0.