Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 218

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 218
---
 routinely obtain appraisals on performing loans to update LTVs after origination. However, the Bancorp monitors the local housing markets by reviewing various home price indices and incorporates the impact of the changing market conditions in its ongoing credit monitoring processes.

The following table provides an analysis of home equity portfolio loans outstanding disaggregated based upon refreshed FICO score as of:

TABLE 36:  Home Equity Portfolio Loans Outstanding by Refreshed FICO ScoreSeptember 30, 2025December 31, 2024($ in millions)Outstanding% of TotalOutstanding% of TotalSenior Liens:FICO ≤ 659$97 2  %$111 3  %FICO 660-719161 3 160 4 FICO ≥ 7201,077 23 1,013 24 Total senior liens$1,335 28 %$1,284 31 %Junior Liens:FICO ≤ 659271 6 242 6 FICO 660-719558 12 521 12 FICO ≥ 7202,514 54 2,141 51 Total junior liens$3,343 72 %$2,904 69 %Total$4,678 100  %$4,188 100  %

The Bancorp believes that home equity portfolio loans with a greater than 80% LTV (including senior liens, if applicable) present a higher level of risk. The following table provides an analysis of the home equity portfolio loans outstanding in a senior and junior lien position by LTV at origination as of:

TABLE 37:  Home Equity Portfolio Loans Outstanding by LTV at OriginationSeptember 30, 2025December 31, 2024($ in millions)OutstandingWeighted-Average LTVOutstandingWeighted-Average LTVSenior Liens:LTV ≤ 80%$1,206 48.6  %$1,147 49.8  %LTV > 80%129 88.1 137 89.1 Total senior liens$1,335 52.6 %$1,284 54.2 %Junior Liens:LTV ≤ 80%2,484 63.4 2,085 64.3 LTV > 80%859 87.7 819 88.2 Total junior liens$3,343