Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 183

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 183
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(393)2,595 Noninterest income:Wealth and asset management revenue$1 132 205 — 338 Commercial payments revenue265 41 1 (2)305 Consumer banking revenue— 282 1 1 284 Capital markets fees178 1 1 (1)179 Commercial banking revenue157 2 1 — 160 Mortgage banking net revenue— 112 1 — 113 Other noninterest income28 3 1 26 58 Securities gains (losses), net(7)— — 14 7 Total noninterest income$622 573 211 38 1,444 Noninterest expense:Compensation and benefits$329 465 117 536 1,447 Technology and communications7 15 — 228 250 Net occupancy expense18 108 7 38 171 Equipment expense16 29 — 37 82 Marketing expense2 50 — 19 71 Loan and lease expense14 39 1 12 66 Card and processing expense6 36 1 — 43 Other noninterest expense(b)572 553 77 (764)438 Total noninterest expense$964 1,295 203 106 2,568 Income (loss) before income taxes (FTE)(a)$646 1,170 116 (461)1,471 Average assets$78,125 55,054 4,757 72,620 210,556 (a)Includes FTE adjustments of $6 for Commercial Banking and $4 for General Corporate and Other.(b)Includes segment expenses which are classified as other noninterest expense and allocations of corporate and shared services expenses.(c)General Corporate and Other is not a reportable segment and is presented for reconciliation purposes.

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

June 30, 2024 ($ in millions)CommercialBankingConsumer and Small Business BankingWealthand AssetManagementGeneralCorporate and Other(c)TotalNet interest income (FTE)(a)$1,298 2,232 112 (859)2,783 Provision for (benefit from) credit losses208 154 — (171)191 Net interest income after provision for (benefit from)