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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$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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Contents

Table of Contents

2023 ANNUAL REPORT

FINANCIAL CONTENTS

Glossary of Abbreviations and Acronyms49
Management’s Discussion and Analysis of Financial Condition and Results of Operations
Overview50
Non-GAAP Financial Measures54
Recent Accounting Standards56
Critical Accounting Policies56
Statements of Income Analysis61
Business Segment Review69
Balance Sheet Analysis75
Risk Management - Overview82
Credit Risk Management83
Interest Rate and Price Risk Management98
Liquidity Risk Management104
Operational Risk Management106
Legal and Regulatory Compliance Risk Management107
Capital Management108
Report of Independent Registered Public Accounting Firm110
Financial Statements
Consolidated Balance Sheets112
Consolidated Statements of Income113
Consolidated Statements of Comprehensive Income114
Consolidated Statements of Changes in Equity115
Consolidated Statements of Cash Flows117
Notes to Consolidated Financial Statements
Summary of Significant Accounting and Reporting Policies118Long-Term Debt170
Supplemental Cash Flow Information133Commitments, Contingent Liabilities and Guarantees174
Restrictions on Dividends and Capital Actions133Legal and Regulatory Proceedings178
Investment Securities134Related Party Transactions180
Loans and Leases137Income Taxes181
Credit Quality and the Allowance for Loan and Lease Losses139Retirement and Benefit Plans183
Bank Premises and Equipment152Accumulated Other Comprehensive Income186
Operating Lease Equipment153Common, Preferred and Treasury Stock188
Lease Obligations – Lessee153Stock-Based Compensation190
Goodwill155Other Noninterest Income and Other Noninterest Expense193
Intangible Assets156Earnings Per Share194
Variable Interest Entities157Fair Value Measurements195
Sales of Receivables and Servicing Rights160Regulatory Capital Requirements and Capital Ratios204
Derivative Financial Instruments162Parent Company Financial Statements205
Other Assets168Business Segments207
Short-Term Borrowings169Subsequent Event210
Management’s Assessment as to the Effectiveness of Internal Control over Financial Reporting211
Report of Independent Registered Public Accounting Firm212
Consolidated Ten Year Comparison221
Directors and Officers222
Corporate Information

48 Fifth Third Bancorp

ContentsView on SEC.gov

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