FIFTH THIRD BANCORP
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
FITB$53.04-0.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Equity
| ($ in millions, except per share data) · CommonStock · PreferredStock · CapitalSurplus · RetainedEarnings · AccumulatedOtherComprehensive(Loss) Income · TreasuryStock · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at December 31, 2020 | $2,051 | 2,116 | 3,635 | 18,384 | 2,601 | (5,676) | 23,111 | |||
| Net income | 2,770 | 2,770 | ||||||||
| Other comprehensive loss, net of tax | (1,394) | (1,394) | ||||||||
| Cash dividends declared: | ||||||||||
| Common stock ($1.14 per share) | (805) | (805) | ||||||||
| Preferred stock:(a) | ||||||||||
| Series H ($1,275.00 per share) | (31) | (31) | ||||||||
| Series I ($1,656.24 per share) | (30) | (30) | ||||||||
| Series J ($839.62 per share) | (10) | (10) | ||||||||
| Series K ($1,237.50 per share) | (12) | (12) | ||||||||
| Series L ($1,125.00 per share) | (16) | (16) | ||||||||
| Class B, Series A ($60.00 per share) | (12) | (12) | ||||||||
| Shares acquired for treasury | (1,393) | (1,393) | ||||||||
| Impact of stock transactions under stock compensation plans, net | (11) | 44 | 33 | |||||||
| Other | (2) | 1 | (1) | |||||||
| Balance at December 31, 2021 | $2,051 | 2,116 | 3,624 | 20,236 | 1,207 | (7,024) | 22,210 | |||
| Net income | 2,446 | 2,446 | ||||||||
| Other comprehensive loss, net of tax | (6,317) | (6,317) | ||||||||
| Cash dividends declared: | ||||||||||
| Common stock ($1.26 per share) | (877) | (877) | ||||||||
| Preferred stock:(a) | ||||||||||
| Series H ($1,275.00 per share) | (31) | (31) | ||||||||
| Series I ($1,656.24 per share) | (30) | (30) | ||||||||
| Series J ($1,249.19 per share) | (15) | (15) | ||||||||
| Series K ($1,237.50 per share) | (12) | (12) | ||||||||
| Series L ($1,125.00 per share) | (16) | (16) | ||||||||
| Class B, Series A ($60.00 per share) | (12) | (12) | ||||||||
| Shares acquired for treasury | (100) | (100) | ||||||||
| Impact of stock transactions under stock compensation plans, net | 60 | 21 | 81 | |||||||
| Balance at December 31, 2022 | $2,051 | 2,116 | 3,684 | 21,689 | (5,110) | (7,103) | 17,327 | |||
115 Fifth Third Bancorp
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (continued)
| ($ in millions, except per share data) · CommonStock · PreferredStock · CapitalSurplus · RetainedEarnings · AccumulatedOtherComprehensive Loss · TreasuryStock · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at December 31, 2022 | $2,051 | 2,116 | 3,684 | 21,689 | (5,110) | (7,103) | 17,327 | |||
| Impact of cumulative effect of change in accounting principle(b) | 37 | 37 | ||||||||
| Balance at January 1, 2023 | $2,051 | 2,116 | 3,684 | 21,726 | (5,110) | (7,103) | 17,364 | |||
| Net income | 2,349 | 2,349 | ||||||||
| Other comprehensive income, net of tax | 623 | 623 | ||||||||
| Cash dividends declared: | ||||||||||
| Common stock ($1.36 per share) | (941) | (941) | ||||||||
| Preferred stock:(a) | ||||||||||
| Series H ($1,740.35 per share) | (42) | (42) | ||||||||
| Series I ($1,656.24 per share) | (30) | (30) | ||||||||
| Series J ($2,131.27 per share) | (25) | (25) | ||||||||
| Series K ($1,237.50 per share) | (12) | (12) | ||||||||
| Series L ($1,125.00 per share) | (16) | (16) | ||||||||
| Class B, Series A ($60.00 per share) | (12) | (12) | ||||||||
| Shares acquired for treasury | (201) | (201) | ||||||||
| Impact of stock transactions under stock compensation plans, net | 73 | 42 | 115 | |||||||
| Balance at December 31, 2023 | $2,051 | 2,116 | 3,757 | 22,997 | (4,487) | (7,262) | 19,172 | |||
(a)Refer to Note 24 for further information on dividends declared for preferred stock.
(b)Related to the adoption of ASU 2022-02 as of January 1, 2023. Refer to Note 1 for additional information.
116 Fifth Third Bancorp
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