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FIFTH THIRD BANCORP

For the period ended Dec 31, 2023. Filed Feb 27, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 27, 2024

FITB$54.19-0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Glossary of Abbreviations and Acronyms

Fifth Third Bancorp provides the following list of abbreviations and acronyms as a tool for the reader that are used in Management’s Discussion and Analysis of Financial Condition and Results of Operations, the Consolidated Financial Statements and the Notes to Consolidated Financial Statements.

ACL: Allowance for Credit LossesGSE: United States Government Sponsored Enterprise
AFS: Available-For-SaleHTM: Held-To-Maturity
ALCO: Asset Liability Management CommitteeIPO: Initial Public Offering
ALLL: Allowance for Loan and Lease LossesIRC: Internal Revenue Code
AOCI: Accumulated Other Comprehensive Income (Loss)IRLC: Interest Rate Lock Commitment
APR: Annual Percentage RateISDA: International Swaps and Derivatives Association, Inc.
ARM: Adjustable Rate MortgageLCR: Liquidity Coverage Ratio
ASC: Accounting Standards CodificationLIBOR: London Interbank Offered Rate
ASU: Accounting Standards UpdateLIHTC: Low-Income Housing Tax Credit
ATM: Automated Teller MachineLLC: Limited Liability Company
BHC: Bank Holding CompanyLTV: Loan-to-Value Ratio
BOLI: Bank Owned Life InsuranceMD&A: Management’s Discussion and Analysis of Financial
bps: Basis PointsCondition and Results of Operations
CCAR: Comprehensive Capital Analysis and ReviewMSR: Mortgage Servicing Right
CD: Certificate of DepositN/A: Not Applicable
CDC: Fifth Third Community Development Corporation and Fifth ThirdNII: Net Interest Income
Community Development Company, LLCNM: Not Meaningful
CECL: Current Expected Credit LossOAS: Option-Adjusted Spread
CET1: Common Equity Tier 1OCC: Office of the Comptroller of the Currency
CFPB: United States Consumer Financial Protection BureauOCI: Other Comprehensive Income (Loss)
CME: Chicago Mercantile ExchangeOREO: Other Real Estate Owned
C&I: Commercial and IndustrialPPP: Paycheck Protection Program
DCF: Discounted Cash FlowPSA: Performance Share Award
DTCC: Depository Trust & Clearing CorporationRCC: Risk and Compliance Committee
DTI: Debt-to-Income RatioROU: Right-of-Use
ERM: Enterprise Risk ManagementRSA: Restricted Stock Award
ERMC: Enterprise Risk Management CommitteeRSU: Restricted Stock Unit
EVE: Economic Value of EquitySAR: Stock Appreciation Right
FASB: Financial Accounting Standards BoardSBA: Small Business Administration
FDIC: Federal Deposit Insurance CorporationSEC: United States Securities and Exchange Commission
FHA: Federal Housing AdministrationSOFR: Secured Overnight Financing Rate
FHLB: Federal Home Loan BankTBA: To Be Announced
FHLMC: Federal Home Loan Mortgage CorporationTDR: Troubled Debt Restructuring
FICO: Fair Isaac Corporation (credit rating)TILA: Truth in Lending Act
FINRA: Financial Industry Regulatory AuthorityTRA: Tax Receivable Agreement
FNMA: Federal National Mortgage AssociationTruPS: Trust Preferred Securities
FOMC: Federal Open Market CommitteeU.S.: United States of America
FRB: Federal Reserve BankU.S. GAAP: United States Generally Accepted Accounting
FTE: Fully Taxable EquivalentPrinciples
FTP: Funds Transfer PricingVA: United States Department of Veterans Affairs
FTS: Fifth Third Securities, Inc.VIE: Variable Interest Entity
GDP: Gross Domestic ProductVRDN: Variable Rate Demand Note
GNMA: Government National Mortgage Association

49 Fifth Third Bancorp

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.