Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 128

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 128
---
 — 1 5 7 0.16 Credit card10 — — — 10 0.59 Solar energy installation loans— 1 — — 1 0.02 Other consumer loans— 2 — — 2 0.08 Total consumer portfolio loans$11 3 1 5 20 0.07 For the six months ended June 30, 2024 ($ in millions)Interest Rate ReductionPayment DelayTerm Extension and Payment DelayTerm Extension, Interest Rate Reduction and Payment DelayTotal% of Total ClassHome equity$1 — 1 5 7 0.18 Credit card12 — — — 12 0.69 Solar energy installation loans— — — — — — Other consumer loans— 2 — — 2 0.08 Total consumer portfolio loans$13 2 1 5 21 0.08 

83

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

Financial effects of loan modificationsThe following tables present the financial effects of the Bancorp’s significant types of portfolio loan modifications to borrowers experiencing financial difficulty, by portfolio class:For the three months endedJune 30,Financial Effects20252024Commercial loans:Commercial and industrial loansWeighted-average length of term extensions20 months10 monthsWeighted-average length of payment delay9 months6 monthsCommercial mortgage owner-occupied loansWeighted-average length of term extensions6 months12 monthsWeighted-average length of payment delay6 months6 monthsCommercial construction loansWeighted-average length of term extensions12 months6 monthsResidential mortgage loansWeighted-average length of term extensions8.6 years9.1 yearsWeighted-average interest rate reductionFrom 6.5% to 5.0%From 7.9% to 7.2%Approximate amount of payment delays as a percentage of the related loan balances9%11%Consumer loans:Home equityWeighted-average length of term extensions21.6 years24.0 yearsWeighted-average interest rate reductionFrom 8.6% to 7.0% From 8.8% to 7.1%Approximate amount of payment delays as a percentage of the related loan balances4%5%Credit cardWeighted-average interest rate reductionFrom 23.2% to 4.1%From