Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 183

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7A
Chunk 183
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 (a)Includes FTE adjustments of $16 for Commercial Banking and $9 for General Corporate and Other.(b)Includes impairment charges of $1 recorded in Consumer and Small Business Banking and $1 recorded in General Corporate and Other for bank premises and equipment. For more information, refer to Note 7 and Note 28.(c)Includes impairment losses and termination charges of $2 for ROU assets related to certain operating leases. For more information, refer to Note 9. (d)Includes segment expenses which are classified as other noninterest expense and allocations of corporate and shared services expenses. (e)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.

200 Fifth Third Bancorp

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

2022 ($ in millions)CommercialBankingConsumer and Small Business BankingWealthand AssetManagementGeneralCorporateand Other(f)Total      Net interest income (FTE)(a)$2,552 3,131 262 (320)5,625 Provision for credit losses33 139 — 391 563 Net interest income after provision for credit losses$2,519 2,992 262 (711)5,062 Noninterest income:Wealth and asset management revenue$3 204 363 — 570 Commercial payments revenue468 89 1 10 568 Consumer banking revenue— 538 2 2 542 Capital markets fees387 2 — (2)387 Commercial banking revenue417 (c)1 1 — 419 Mortgage banking net revenue— 214 1 — 215 Other noninterest income(b)98 7 — 44 149 Securities losses, net(33)(2)— (49)(84)Total noninterest income$1,340 1,053 368 5 2,766 Noninterest expense:Compensation and benefits$639 828 218 869 2,554 Technology and communications11 22 1 382 416 Net occupancy expense(d)40 196 13 58 307 Equipment expense27 38 — 80 145 Loan and lease expense27 107 1 32 167 Marketing expense5 58 1 54 118 Card and processing expense11 72 1 (4)80 Other noninterest expense(e)1