Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 283

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 283
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 ValueBalance, beginning of period$108 1,704 (3)(170)1,639 Total (losses) gains (realized/unrealized):(b) Included in earnings2 (50)15 (18)(51)Purchases/originations— 9 (1)— 8 Settlements(3)— (11)15 1 Transfers into Level 3(c)2 — — — 2 Balance, end of period$109 1,663 — (173)1,599 The amount of total (losses) gains for the period included in earnings attributable to the change in unrealized gains or losses relating to instruments still held at March 31, 2025$2 (35)6 (18)(45)(a)Net interest rate derivatives include $5 for both derivative assets and liabilities as of March 31, 2025.(b)There were no unrealized gains or losses for the period included in other comprehensive income for instruments still held at March 31, 2025. (c)Includes certain residential mortgage loans originated as held for sale that were transferred to held for investment.Fair Value Measurements Using Significant Unobservable Inputs (Level 3)For the three months ended March 31, 2024 ($ in millions)ResidentialMortgageLoansServicingRightsInterest RateDerivatives,Net(a)EquityDerivativesTotalFair ValueBalance, beginning of period$116 1,737 — (168)1,685 Total (losses) gains (realized/unrealized):(b) Included in earnings(2)8 9 (17)(2)Purchases/originations— 11 — — 11 Settlements(3)— (9)23 11 Transfers into Level 3(c)2 — — — 2 Balance, end of period$113 1,756 — (162)1,707 The amount of total gains (losses) for the period included in earnings attributable to the change in unrealized gains or losses relating to instruments still held at March 31, 2024$(2)25 5 (17)11 (a)Net interest rate derivatives include $6 for both derivative assets and liabilities as of March 31, 2024.(b)There were no unrealized gains or losses for the