Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 331

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 331
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250 Net occupancy expense18 108 7 38 171 Equipment expense16 29 — 37 82 Marketing expense2 50 — 19 71 Loan and lease expense14 39 1 12 66 Card and processing expense6 36 1 — 43 Other noninterest expense(b)572 553 77 (764)438 Total noninterest expense$964 1,295 203 106 2,568 Income (loss) before income taxes (FTE)(a)$646 1,170 116 (461)1,471 Average assets$78,125 55,054 4,757 72,620 210,556 (a)Includes FTE adjustments of $6 for Commercial Banking and $4 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)

June 30, 2024 ($ in millions)CommercialBankingConsumer and Small Business BankingWealthand AssetManagementGeneralCorporate and Other(c)TotalNet interest income (FTE)(a)$1,298 2,232 112 (859)2,783 Provision for (benefit from) credit losses208 154 — (171)191 Net interest income after provision for (benefit from) credit losses$1,090 2,078 112 (688)2,592 Noninterest income:Wealth and asset management revenue$2 121 197 — 320Commercial payments revenue255 43 — — 298 Consumer banking revenue— 273 1 1 275 Capital markets fees188 1 1 — 190 Commercial banking revenue173 1 — — 174 Mortgage banking net revenue— 104 — — 104 Other noninterest income30 3 1 (2)32 Securities gains (losses), net(6)— — 19 13 Total noninterest income$642 546 200 18 1,406 Noninterest expense:Compensation and benefits$339 466 114 490 1,409