Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 326

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 326
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 financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the instrument’s fair value measurement. For more information regarding the fair value hierarchy, refer to Note 1 of the Notes to Consolidated Financial Statements included in the Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2024.Assets and Liabilities Measured at Fair Value on a Recurring BasisThe following tables summarize assets and liabilities measured at fair value on a recurring basis as of:Fair Value Measurements UsingSeptember 30, 2025 ($ in millions)Level 1Level 2Level 3Total Fair ValueAssets:Available-for-sale debt and other securities:U.S. Treasury and federal agencies securities$2,105 — — 2,105 Mortgage-backed securities:Agency residential mortgage-backed securities— 7,535 — 7,535 Agency commercial mortgage-backed securities— 20,564 — 20,564 Non-agency commercial mortgage-backed securities— 2,947 — 2,947 Asset-backed securities and other debt securities— 2,442 — 2,442 Available-for-sale debt and other securities(a)2,105 33,488 — 35,593 Trading debt securities:U.S. Treasury and federal agencies securities558 18 — 576 Obligations of states and political subdivisions securities— 58 — 58 Agency residential mortgage-backed securities— 39 — 39 Asset-backed securities and other debt securities— 593 — 593 Trading debt securities558 708 — 1,266 Equity securities270 17 — 287 Residential mortgage loans held for sale— 565 — 565 Residential mortgage loans(b)— — 107 107 Servicing rights— — 1,601 1,601 Derivative assets:Interest rate contracts3 491 8 502 Foreign exchange contracts— 668 — 668 Commodity contracts164 503 — 667 Derivative assets(c)167 1,662 8 1,837 Total assets$3,100 36,440 1,716 41,256 Liabilities:Derivative liabilities:Interest rate contracts$5 595 5 605 Foreign exchange contracts— 628 — 628 Equity contracts— — 150