Fifth Third Bancorp Pref Share FITBO 4.95 Perp 09/30/24 K | 8-K: FY2025 Q3 Revenue: USD 2.301 B

Revenue: As of FY2025 Q3, the actual value is USD 2.301 B.

EPS: As of FY2025 Q3, the actual value is USD 0.91.

EBIT: As of FY2025 Q3, the actual value is USD -683 M.

Segment Revenue

• Commercial Banking: Net interest income (FTE) of $594 million, noninterest income of $357 million.
• Consumer and Small Business Banking: Net interest income (FTE) of $1,082 million, noninterest income of $309 million.
• Wealth and Asset Management: Net interest income (FTE) of $55 million, noninterest income of $109 million.
• General Corporate and Other: Net interest income (FTE) of -$206 million, noninterest income of $6 million.
• Net Interest Income (NII): Increased from $1,500 million in 2Q25 to $1,525 million in 3Q25, with a Net Interest Margin (NIM) of 3.13%.
• Noninterest Income: Total noninterest income for 3Q25 was $781 million, a 10% increase year-over-year, with adjusted noninterest income (excluding securities gains/losses) at $789 million, up 5% year-over-year.

Operational Metrics

• Net Income: $649 million, a 3% increase from the previous quarter and a 13% increase year-over-year.
• Net Interest Income (FTE): $1,525 million, a 2% increase from the previous quarter and a 7% increase year-over-year.
• Noninterest Income: $781 million, a 4% increase from the previous quarter and a 10% increase year-over-year.
• Noninterest Expense: $1,267 million, stable from the previous quarter and a 2% increase year-over-year.
• Efficiency Ratio (FTE): 54.9%, an improvement from 56.2% in the previous quarter and 58.2% in the year-ago quarter.
• Adjusted Efficiency Ratio: Improved to 54.1% in 3Q25, a 180 basis point improvement year-over-year.
• Return on Assets (ROA): Reported ROA was 1.21%, with an adjusted ROA of 1.25%.
• Return on Equity (ROE): Reported ROE was 12.6%, with an adjusted ROE of 13.0%.

Cash Flow

• Provision for Credit Losses: $197 million, a 14% increase from the previous quarter and a 23% increase year-over-year.
• Operating Cash Flow: Not explicitly detailed in the reference.
• Free Cash Flow: Not explicitly detailed in the reference.

Unique Metrics

• Assets Under Management: $77 billion, a 12% increase year-over-year.
• Loan Growth: Total average portfolio loans and leases increased 6% year-over-year.
• Consumer Household Growth: Increased by 3% compared to 3Q24, with a 7% growth in the Southeast region.
• Tangible Book Value per Share: Increased by 7% over the last year.

Outlook / Guidance

Fifth Third Bancorp expects to continue generating strong, stable returns for long-term shareholders by focusing on high-quality deposits, diversified loan originations, and recurring fee revenue. The company plans to adhere to its operating principles of stability, profitability, and growth. Loans and leases are expected to increase by 1% in 4Q25 compared to 3Q25. Net interest income is projected to remain stable or increase by approximately 1% in 4Q25, assuming a Fed funds rate of 3.75% by year-end. Noninterest income is anticipated to rise by 2-3% in 4Q25.