Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 182

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 182
---
62 96 — 159 Commercial payments revenue132 22 — — 154 Consumer banking revenue— 138 1 — 139 Capital markets fees91 1 1 — 93 Commercial banking revenue89 1 — — 90 Mortgage banking net revenue— 50 — — 50 Other noninterest income14 1 — (8)7 Securities gains (losses), net(7)— — 10 3 Total noninterest income$320 275 98 2 695 Noninterest expense:Compensation and benefits$153 229 52 222 656 Technology and communications3 8 — 103 114 Net occupancy expense8 54 3 18 83 Equipment expense7 13 — 18 38 Marketing expense1 19 — 14 34 Loan and lease expense6 22 — 5 33 Card and processing expense2 19 — — 21 Other noninterest expense(b)265 274 38 (335)242 Total noninterest expense$445 638 93 45 1,221 Income (loss) before income taxes (FTE)(a)$372 648 59 (309)770 Average assets$76,912 51,837 4,283 79,443 212,475 (a)Includes FTE adjustments of $4 for Commercial Banking and $2 for General Corporate and Other.(b)Includes segment expenses which are classified as other noninterest expense and allocations of corporate and shared services expenses.(c)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.

118

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

The following tables present the results of operations and average assets by segment for the six months ended:June 30, 2025 ($ in millions)CommercialBankingConsumer and Small BusinessBankingWealthand AssetManagementGeneralCorporate and Other(c)TotalNet interest income (FTE)(a)$1,147 2,060 106 (371)2,942 Provision for (benefit from) credit losses159 168 (2)22 347 Net interest income after provision for (benefit from) credit losses$988 1,892 108