Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 110

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 110
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 MortgageConsumerTotalBalance, beginning of period$1,130 145 1,047 2,322 Losses charged off(a)(123)(1)(204)(328)Recoveries of losses previously charged off(a)8 2 64 74 Provision for (benefit from) loan and lease losses98 (10)132 220 Balance, end of period$1,113 136 1,039 2,288 (a)The Bancorp recorded $15 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.

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

         The following tables provide a summary of the ALLL and related loans and leases, classified by portfolio segment:As of June 30, 2025 ($ in millions)CommercialResidentialMortgageConsumerTotalALLL:(a)Individually evaluated$181 1 14 196 Collectively evaluated1,112 133 971 2,216 Total ALLL$1,293 134 985 2,412 Portfolio loans and leases:(b)Individually evaluated$452 141 108 701 Collectively evaluated73,700 17,433 30,455 121,588 Total portfolio loans and leases$74,152 17,574 30,563 122,289 (a)Includes $1 related to commercial leveraged leases at June 30, 2025.(b)Excludes $107 of residential mortgage loans measured at fair value and includes $242 of commercial leveraged leases, net of unearned income, at June 30, 2025.As of December 31, 2024 ($ in millions)CommercialResidentialMortgageConsumerTotalALLL:(a)Individually evaluated$106 — 11 117 Collectively evaluated1,048 146 1,041 2,235 Total ALLL$1,154 146 1,052 2,352 Portfolio loans and leases:(b)Individually evaluated$395 131 96 622 Collectively evaluated72,898 17,304 28,859 119,061 Total portfolio loans and leases$73,293 17,435 28,955 119