Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 187

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 8
Chunk 187
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Consumer banking revenue— 426 2 — 428 Capital markets fees292 2 1 (1)294 Commercial banking revenue243 3 1 — 247 Mortgage banking net revenue— 170 1 — 171 Other noninterest income44 13 2 27 86 Securities gains (losses), net(7)— — 24 17 Total noninterest income$977 884 320 43 2,224 Noninterest expense:Compensation and benefits$480 697 170 785 2,132 Technology and communications10 24 — 344 378 Net occupancy expense27 163 10 60 260 Equipment expense24 43 — 59 126 Loan and lease expense25 61 1 18 105 Marketing expense4 69 — 32 105 Card and processing expense9 55 1 — 65 Other noninterest expense(b)839 836 114 (1,125)664 Total noninterest expense$1,418 1,948 296 173 3,835 Income (loss) before income taxes (FTE)(a)$896 1,836 187 (606)2,313 Average assets$77,949 55,630 4,808 72,578 210,965 (a)Includes FTE adjustments of $9 for Commercial Banking and $6 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.

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

September 30, 2024 ($ in millions)CommercialBankingConsumer and Small Business BankingWealthand AssetManagementGeneralCorporate and Other(c)TotalNet interest income (FTE)(a)$1,946 3,287 162 (1,185)4,210 Provision for (benefit from) credit losses284 232 — (165)351 Net interest income after provision for (benefit from) credit losses$1,662 3,055 162 (1,020)3,859 Noninterest income:Wealth and asset management revenue$2 185