Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 66

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 7
Chunk 66
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 portfolio loans and leases0.70 0.69 ACL as a percent of nonperforming portfolio loans and leases300 302 ACL as a percent of nonperforming portfolio assets289 291 

(a)Includes $16 and $18 of nonaccrual government-insured commercial loans whose repayments are insured by the SBA as of June 30, 2025 and December 31, 2024, respectively.

(b)Information for all periods presented excludes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA. These advances were $161 as of June 30, 2025 and $163 as of December 31, 2024. The Bancorp recognized losses of an immaterial amount for both the three months ended June 30, 2025 and 2024 and $1 for both the six months ended June 30, 2025 and 2024 due to claim denials and curtailments associated with these insured or guaranteed loans.

(c)Includes $19 and $12 of branch-related real estate no longer intended to be used for banking purposes as of June 30, 2025 and December 31, 2024, respectively.

43

Table of ContentsManagement’s Discussion and Analysis of Financial Condition and Results of Operations (continued)

The following tables provide a rollforward of portfolio nonaccrual loans and leases, by portfolio segment:

TABLE 47:  Rollforward of Portfolio Nonaccrual Loans and LeasesFor the six months ended June 30, 2025 ($ in millions)CommercialResidential MortgageConsumerTotalBalance, beginning of period$456 137 230 823 Transfers to nonaccrual status335 32 172 539 Transfers to accrual status(4)(9)(65)(78)Transfers to held for sale(41)— — (41)Loan paydowns/payoffs(89)(16)(41)(146)Transfers to OREO— (3)(7)(10)Charge-offs(156)— (89)(245)Draws/other extensions of credit7 2 2 11 Balance, end of period$508 143 202 853 

TABLE 48:  Rollforward of Portfolio Nonaccrual Loans and LeasesFor the six months ended June 30, 2024 ($ in millions)CommercialResidential MortgageConsumerTotalBalance, beginning of period$