Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 148

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 148
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,159 Equity securities465 29 — 494 Residential mortgage loans held for sale— 445 — 445 Residential mortgage loans(b)— — 109 109 Servicing rights— — 1,663 1,663 Derivative assets:Interest rate contracts1 580 5 586 Foreign exchange contracts— 798 — 798 Commodity contracts72 734 — 806 Derivative assets(c)73 2,112 5 2,190 Total assets$5,574 37,632 1,777 44,983 Liabilities:Derivative liabilities:Interest rate contracts$2 747 5 754 Foreign exchange contracts— 758 — 758 Equity contracts— — 173 173 Commodity contracts165 635 — 800 Derivative liabilities(d)167 2,140 178 2,485 Short positions:U.S. Treasury and federal agencies securities76 — — 76 Asset-backed securities and other debt securities— 125 — 125 Equity securities42 — — 42 Short positions(d)118 125 — 243 Total liabilities$285 2,265 178 2,728 (a)Excludes FHLB, FRB and DTCC restricted stock holdings totaling $321, $501 and $2, respectively, at March 31, 2025.(b)Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment.(c)Included in other assets in the Condensed Consolidated Balance Sheets.(d)Included in other liabilities in the Condensed Consolidated Balance Sheets.

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

Fair Value Measurements UsingDecember 31, 2024 ($ in millions)Level 1Level 2Level 3Total Fair ValueAssets:Available-for-sale debt and other securities:U.S. Treasury and federal agencies securities$4,360 — — 4,360 Mortgage-backed securities:Agency residential mortgage-backed securities— 5,681 — 5,681 Agency commercial mortgage-backed securities— 20,832 — 20,832 Non-agency commercial mortgage-backed securities— 4,167 — 4,167 Asset-backed securities and other debt securities— 3