Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 229

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 229
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 and related loans and leases, classified by portfolio segment:As of March 31, 2025 ($ in millions)CommercialResidentialMortgageConsumerTotalALLL:(a)Individually evaluated$178 1 13 192 Collectively evaluated1,063 138 991 2,192 Total ALLL$1,241 139 1,004 2,384 Portfolio loans and leases:(b)Individually evaluated$563 136 101 800 Collectively evaluated74,574 17,336 29,372 121,282 Total portfolio loans and leases$75,137 17,472 29,473 122,082 (a)Includes $1 related to commercial leveraged leases at March 31, 2025.(b)Excludes $109 of residential mortgage loans measured at fair value and includes $241 of commercial leveraged leases, net of unearned income, at March 31, 2025.As of December 31, 2024 ($ in millions)CommercialResidentialMortgageConsumerTotalALLL:(a)Individually evaluated$106 — 11 117 Collectively evaluated1,048 146 1,041 2,235 Total ALLL$1,154 146 1,052 2,352 Portfolio loans and leases:(b)Individually evaluated$395 131 96 622 Collectively evaluated72,898 17,304 28,859 119,061 Total portfolio loans and leases$73,293 17,435 28,955 119,683 (a)Includes $1 related to commercial leveraged leases at December 31, 2024.(b)Excludes $108 of residential mortgage loans measured at fair value and includes $248 of commercial leveraged leases, net of unearned income, at December 31, 2024.

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Table of ContentsFifth Third Bancorp and SubsidiariesNotes to Condensed Consolidated Financial Statements (unaudited)

CREDIT RISK PROFILECommercial Portfolio SegmentFor purposes of monitoring the credit quality and risk characteristics of its commercial portfolio segment, the Bancorp disaggregates the segment into the following classes: commercial and industrial, commercial mortgage owner-occupied, commercial mortgage nonowner-occupied, commercial construction and commercial leases.To facilitate the monitoring of credit quality within the commercial portfolio segment, the Bancorp utilizes the following categories of credit ratings: pass, special mention,