FIFTH THIRD BANCORP (FITB)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Service charges on deposits | - | - | 161 | 156 |
Leasing business revenue | - | - | 43 | 38 |
Card and processing revenue | - | - | 106 | 108 |
Other noninterest income | 44 | 14 | 15 | 37 |
Wealth and asset management revenue | 166 | 172 | 163 | 159 |
Mortgage banking net revenue | 56 | 57 | 50 | 50 |
Securities gains, net | 16 | -9 | 10 | 3 |
Consumer banking revenue | 147 | 137 | - | - |
Commercial payments revenue | 152 | 153 | - | - |
Commercial banking revenue | 79 | 80 | 163 | 144 |
Capital markets fees | 90 | 90 | - | - |
Total noninterest income | 750 | 694 | 711 | 695 |
Other noninterest expense | 215 | 223 | 245 | 253 |
Loan and lease expense | 36 | 30 | 21 | 22 |
Net occupancy expense | 83 | 87 | 81 | 83 |
Marketing expense | 43 | 28 | 26 | 34 |
Compensation and benefits | 698 | 750 | 690 | 656 |
Equipment expense | 41 | 42 | 38 | 38 |
Technology and communications | 126 | 123 | 121 | 114 |
Card and processing expense | 22 | 21 | 22 | 21 |
Total noninterest expense | 1,264 | 1,304 | 1,244 | 1,221 |
Provision for credit losses | 173 | 174 | 160 | 97 |
Interest on other short-term borrowings | 59 | 56 | 40 | 48 |
Interest on long-term debt | 196 | 194 | 238 | 224 |
Interest on federal funds purchased | 2 | 2 | 2 | 3 |
Interest on deposits | 732 | 743 | 968 | 958 |
Total interest expense | 989 | 995 | 1,248 | 1,233 |
Interest on other short-term investments | 145 | 165 | 298 | 291 |
Interest and fees on loans and leases | 1,881 | 1,816 | 1,910 | 1,871 |
Interest on securities | 458 | 451 | 461 | 458 |
Total interest income | 2,484 | 2,432 | 2,669 | 2,620 |
Net interest income | 1,495 | 1,437 | 1,421 | 1,387 |
Net interest income after provision for credit losses | 1,322 | 1,263 | 1,261 | 1,290 |
Income before income taxes | 808 | 653 | 728 | 764 |
Applicable income tax expense | 180 | 138 | 155 | 163 |
Net income | 628 | 515 | 573 | 601 |
Dividends on preferred stock | 37 | 37 | 41 | 40 |
Net income available to common shareholders | 591 | 478 | 532 | 561 |
Average common shares outstanding - basic (in shares) | 670,787,224 | 671,000,000 | 680,895,306 | 686,781,201 |
Average common shares outstanding - diluted (in shares) | 674,000,000 | 676,000,000 | 686,000,000 | 691,000,000 |
Earnings per share - basic (in dollars per share) | 0.88 | 0.71 | 0.78 | 0.82 |
Earnings per share - diluted (in dollars per share) | 0.88 | 0.71 | 0.78 | 0.81 |