Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 258

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 258
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L and related loans and leases, classified by portfolio segment:As of June 30, 2025 ($ in millions)CommercialResidentialMortgageConsumerTotalALLL:(a)Individually evaluated$181 1 14 196 Collectively evaluated1,112 133 971 2,216 Total ALLL$1,293 134 985 2,412 Portfolio loans and leases:(b)Individually evaluated$452 141 108 701 Collectively evaluated73,700 17,433 30,455 121,588 Total portfolio loans and leases$74,152 17,574 30,563 122,289 (a)Includes $1 related to commercial leveraged leases at June 30, 2025.(b)Excludes $107 of residential mortgage loans measured at fair value and includes $242 of commercial leveraged leases, net of unearned income, at June 30, 2025.As of December 31, 2024 ($ 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.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, substandard, doubtful and loss. The five categories, which are derived from standard regulatory rating definitions, are assigned upon initial approval of credit to borrowers and