Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 109

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 109
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esThe following tables summarize transactions in the ALLL by portfolio segment:For the three months ended June 30, 2025 ($ in millions)CommercialResidentialMortgageConsumerTotalBalance, beginning of period$1,241 139 1,004 2,384 Losses charged-off(a)(90)— (104)(194)Recoveries of losses previously charged-off(a)19 1 35 55 Provision for (benefit from) loan and lease losses123 (6)50 167 Balance, end of period$1,293 134 985 2,412 (a)The Bancorp recorded $5 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.For the three months ended June 30, 2024 ($ in millions)CommercialResidentialMortgageConsumerTotalBalance, beginning of period$1,141 140 1,037 2,318 Losses charged-off(a)(83)(1)(98)(182)Recoveries of losses previously charged-off(a)3 1 34 38 Provision for (benefit from) loan and lease losses52 (4)66 114 Balance, end of period$1,113 136 1,039 2,288 (a)The Bancorp recorded $7 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.For the six months ended June 30, 2025 ($ in millions)CommercialResidentialMortgageConsumerTotalBalance, beginning of period$1,154 146 1,052 2,352 Losses charged off(a)(156)(1)(209)(366)Recoveries of losses previously charged off(a)20 2 68 90 Provision for (benefit from) loan and lease losses275 (13)74 336 Balance, end of period$1,293 134 985 2,412 (a)The Bancorp recorded $10 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.For the six months ended June 30, 2024 ($ in millions)CommercialResidential