---
title: "Fifth Third Bancorp Pref Share FITBO 4.95 Perp 09/30/24 K | 10-Q: FY2025 Q1 EPS: USD 0.71"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238982820.md"
datetime: "2025-05-06T20:28:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238982820.md)
  - [en](https://longbridge.com/en/news/238982820.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238982820.md)
---

# Fifth Third Bancorp Pref Share FITBO 4.95 Perp 09/30/24 K | 10-Q: FY2025 Q1 EPS: USD 0.71

EPS: As of FY2025 Q1, the actual value is USD 0.71.

### Commercial Banking

-   **Net Interest Income (FTE)**: $552 million for Q1 2025, down from $663 million in Q1 2024.
-   **Provision for Credit Losses**: $80 million for Q1 2025, up from $71 million in Q1 2024.
-   **Noninterest Income**: $301 million for Q1 2025, down from $325 million in Q1 2024.
-   **Noninterest Expense**: $511 million for Q1 2025, up from $490 million in Q1 2024.
-   **Income Before Income Taxes (FTE)**: $262 million for Q1 2025, down from $427 million in Q1 2024.

### Consumer and Small Business Banking

-   **Net Interest Income**: $975 million for Q1 2025, down from $1,152 million in Q1 2024.
-   **Provision for Credit Losses**: $84 million for both Q1 2025 and Q1 2024.
-   **Noninterest Income**: $281 million for Q1 2025, up from $267 million in Q1 2024.
-   **Noninterest Expense**: $650 million for Q1 2025, unchanged from Q1 2024.
-   **Income Before Income Taxes**: $522 million for Q1 2025, down from $685 million in Q1 2024.

### Wealth and Asset Management

-   **Net Interest Income**: $49 million for Q1 2025, down from $59 million in Q1 2024.
-   **Noninterest Income**: $109 million for Q1 2025, up from $102 million in Q1 2024.
-   **Noninterest Expense**: $106 million for Q1 2025, up from $103 million in Q1 2024.
-   **Income Before Income Taxes**: $52 million for Q1 2025, down from $58 million in Q1 2024.

### General Corporate and Other

-   **Net Interest Income (FTE)**: Increased by $350 million for Q1 2025 compared to Q1 2024.
-   **Provision for Credit Losses**: $10 million for Q1 2025 compared to a benefit of $61 million in Q1 2024.
-   **Noninterest Income**: Decreased by $13 million for Q1 2025 compared to Q1 2024.
-   **Noninterest Expense**: Decreased by $62 million for Q1 2025 compared to Q1 2024.

### Future Outlook

-   **Net Interest Margin**: Expected to modestly increase over the next several quarters driven by loan growth, fixed-rate asset repricing, and continued liability cost management, assuming the FOMC continues its easing cycle.
-   **Economic Scenarios**: The Bancorp assigned an 80% probability weighting to the Baseline scenario and 10% to each of the Upside and Downside scenarios for the ACL as of March 31, 2025.

### Related Stocks

- [FITBO.US](https://longbridge.com/en/quote/FITBO.US.md)
- [FITB.PRK.US](https://longbridge.com/en/quote/FITB.PRK.US.md)