Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 370

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 370
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 uses the supervisory stress test to determine the Bancorp’s stress capital buffer, subject to a floor of 2.5%. At December 31, 2024 and 2023, the Bancorp’s stress capital buffer requirement was 3.2% and 2.5%, respectively. The Bancorp’s capital ratios have exceeded the stress capital buffer requirement for all periods presented.The Bancorp and its banking subsidiary, Fifth Third Bank, National Association, had CET1 capital, Tier 1 risk-based capital, Total risk-based capital and Leverage ratios above the “well-capitalized” levels at both December 31, 2024 and 2023. To continue to qualify for financial holding company status pursuant to the Gramm-Leach-Bliley Act of 1999, the Bancorp’s banking subsidiary must, among other things, maintain “well-capitalized” capital ratios.The following table presents capital and risk-based capital and leverage ratios for the Bancorp and its banking subsidiary at December 31:20242023($ in millions)AmountRatio        AmountRatio      CET1 capital:Fifth Third Bancorp$17,339 10.57 %$16,800 10.29 %Fifth Third Bank, National Association20,943 12.86 20,147 12.42 Tier 1 risk-based capital:Fifth Third Bancorp19,455 11.86 18,916 11.59 Fifth Third Bank, National Association20,943 12.86 20,147 12.42 Total risk-based capital:Fifth Third Bancorp22,746 13.86 22,400 13.72 Fifth Third Bank, National Association23,116 14.19 22,463 13.85 Leverage:(a)Fifth Third Bancorp19,455 9.22 18,916 8.73 Fifth Third Bank, National Association20,943 10.02 20,147 9.38 (a)Quarterly average assets are a component of the Leverage ratio and for this purpose do not include goodwill and any other intangible assets and other investments that the U.S. banking agencies determine should be deducted from Tier 1 capital.

195 Fifth Third Bancorp

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

30. Parent Company Financial Statements

Condensed Statements of Income (Parent Company Only)For the years ended December