FIFTH THIRD BANCORP
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
FITB$53.04-0.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Changes in Equity (unaudited)
| Fifth Third Bancorp and SubsidiariesCondensed Consolidated Financial Statements and Notes (continued) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (unaudited) | ||||||||||
| ($ in millions, except per share data) · CommonStock · PreferredStock · CapitalSurplus · RetainedEarnings · AccumulatedOtherComprehensiveLoss · TreasuryStock · TotalEquity | ||||||||||
| Balance at June 30, 2023 | $2,051 | 2,116 | 3,708 | 22,366 | (5,166) | (7,266) | 17,809 | |||
| Net income | 660 | 660 | ||||||||
| Other comprehensive loss, net of tax | (1,673) | (1,673) | ||||||||
| Cash dividends declared: | ||||||||||
| Common stock ($0.35 per share) | (242) | (242) | ||||||||
| Preferred stock: | ||||||||||
| Series H ($547.63 per share) | (13) | (13) | ||||||||
| Series I ($414.06 per share) | (7) | (7) | ||||||||
| Series J ($553.61 per share) | (7) | (7) | ||||||||
| Series K ($309.38 per share) | (3) | (3) | ||||||||
| Series L ($281.25 per share) | (4) | (4) | ||||||||
| Class B, Series A ($15.00 per share) | (3) | (3) | ||||||||
| Impact of stock transactions under stock compensation plans, net | 25 | 2 | 27 | |||||||
| Balance at September 30, 2023 | $2,051 | 2,116 | 3,733 | 22,747 | (6,839) | (7,264) | 16,544 | |||
| Balance at June 30, 2024 | $2,051 | 2,116 | 3,764 | 23,542 | (4,901) | (7,346) | 19,226 | |||
| Net income | 573 | 573 | ||||||||
| Other comprehensive income, net of tax | 1,455 | 1,455 | ||||||||
| Cash dividends declared: | ||||||||||
| Common stock ($0.37 per share) | (254) | (254) | ||||||||
| Preferred stock: | ||||||||||
| Series H ($551.08 per share) | (13) | (13) | ||||||||
| Series I ($594.32 per share) | (11) | (11) | ||||||||
| Series J ($557.29 per share) | (7) | (7) | ||||||||
| Series K ($309.38 per share) | (3) | (3) | ||||||||
| Series L ($281.25 per share) | (4) | (4) | ||||||||
| Class B, Series A ($15.00 per share) | (3) | (3) | ||||||||
| Shares acquired for treasury | (202) | (202) | ||||||||
| Impact of stock transactions under stock compensation plans, net | 20 | 7 | 27 | |||||||
| Balance at September 30, 2024 | $2,051 | 2,116 | 3,784 | 23,820 | (3,446) | (7,541) | 20,784 | |||
| Fifth Third Bancorp and SubsidiariesCondensed Consolidated Financial Statements and Notes (continued) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (unaudited) | ||||||||||
| ($ in millions, except per share data) · CommonStock · PreferredStock · CapitalSurplus · RetainedEarnings · AccumulatedOtherComprehensiveLoss · TreasuryStock · TotalEquity | ||||||||||
| 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 | 37 | 37 | ||||||||
| Balance at January 1, 2023 | $2,051 | 2,116 | 3,684 | 21,726 | (5,110) | (7,103) | 17,364 | |||
| Net income | 1,819 | 1,819 | ||||||||
| Other comprehensive loss, net of tax | (1,729) | (1,729) | ||||||||
| Cash dividends declared: | ||||||||||
| Common stock ($1.01 per share) | (698) | (698) | ||||||||
| Preferred stock: | ||||||||||
| Series H ($1,185.13 per share) | (29) | (29) | ||||||||
| Series I ($1,242.18 per share) | (22) | (22) | ||||||||
| Series J ($1,570.07 per share) | (19) | (19) | ||||||||
| Series K ($928.13 per share) | (9) | (9) | ||||||||
| Series L ($843.75 per share) | (12) | (12) | ||||||||
| Class B, Series A ($45.00 per share) | (9) | (9) | ||||||||
| Shares acquired for treasury | (201) | (201) | ||||||||
| Impact of stock transactions under stock compensation plans, net | 49 | 40 | 89 | |||||||
| Balance at September 30, 2023 | $2,051 | 2,116 | 3,733 | 22,747 | (6,839) | (7,264) | 16,544 | |||
| Balance at December 31, 2023 | $2,051 | 2,116 | 3,757 | 22,997 | (4,487) | (7,262) | 19,172 | |||
| Impact of cumulative effect of change in accounting principle(a) | (10) | (10) | ||||||||
| Balance at January 1, 2024 | $2,051 | 2,116 | 3,757 | 22,987 | (4,487) | (7,262) | 19,162 | |||
| Net income | 1,694 | 1,694 | ||||||||
| Other comprehensive income, net of tax | 1,041 | 1,041 | ||||||||
| Cash dividends declared: | ||||||||||
| Common stock ($1.07 per share) | (740) | (740) | ||||||||
| Preferred stock: | ||||||||||
| Series H ($1,639.44 per share) | (39) | (39) | ||||||||
| Series I ($1,768.22 per share) | (32) | (32) | ||||||||
| Series J ($1,657.71 per share) | (20) | (20) | ||||||||
| Series K ($928.13 per share) | (9) | (9) | ||||||||
| Series L ($843.75 per share) | (12) | (12) | ||||||||
| Class B, Series A ($45.00 per share) | (9) | (9) | ||||||||
| Shares acquired for treasury | (327) | (327) | ||||||||
| Impact of stock transactions under stock compensation plans, net | 27 | 48 | 75 | |||||||
| Balance at September 30, 2024 | $2,051 | 2,116 | 3,784 | 23,820 | (3,446) | (7,541) | 20,784 | |||
(a)Related to the adoption of ASU 2023-02 as of January 1, 2024. Refer to Note 3 for additional information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.