Fifth Third Bancorp (FITB)

Fifth Third Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,215	3,142	3,466	2,994	3,147	1,578
Investment Securities	34,997	34,273	19,181	42,357	38,866	6,559
Trading Asset Securities	3,274	3,611	3,770	3,737	3,800	2,315
Mortgage-Backed Securities	40,137	40,447	42,274	32,212	33,718	33,173
Total Investments	78,408	78,331	65,225	78,306	76,384	42,047
Gross Loans	116,980	117,506	121,718	112,294	109,062	109,912
Allowance for Loan Losses	-2,305	-2,322	-2,194	-1,892	-2,453	-1,202
Other Adjustments to Gross Loans	-312	-272	-238	-244	-280	-354
Net Loans	114,363	114,912	119,286	110,158	106,329	108,356
Property, Plant & Equipment	3,283	3,300	3,298	3,139	3,253	3,289
Goodwill	4,918	4,919	4,915	4,514	4,258	4,252
Other Intangible Assets	98	125	169	156	139	201
Loans Held for Sale	612	378	1,007	4,415	4,741	1,400
Accrued Interest Receivable	760	797	703	465	486	424
Other Receivables	-	2,194	2,653	2,797	2,287	2,310
Restricted Cash	-	-	-	-	-	1,700
Other Current Assets	-	143	145	139	129	101
Long-Term Deferred Tax Assets	-	1,438	1,553	6	-	-
Other Real Estate Owned & Foreclosed	39	39	24	29	30	64
Other Long-Term Assets	8,347	4,632	4,627	3,968	3,457	3,571
Total Assets	214,318	214,574	207,452	211,116	204,680	169,369
Interest Bearing Deposits	123,679	120,560	107,333	103,967	100,061	87,392
Institutional Deposits	3,268	5,206	3,232	269	1,309	3,702
Non-Interest Bearing Deposits	41,393	43,146	53,125	65,088	57,711	35,968
Total Deposits	168,340	168,912	163,690	169,324	159,081	127,062
Short-Term Borrowings	4,020	6,053	8,970	3,274	2,564	2,012
Current Portion of Long-Term Debt	-	2,250	1,150	1,500	3,154	2,151
Current Portion of Leases	38	113	-	-	-	-
Current Income Taxes Payable	1,425	1,583	1,212	1,178	1,105	1,029
Other Current Liabilities	231	273	394	479	627	293
Long-Term Debt	16,930	12,432	12,334	10,074	11,568	12,640
Federal Home Loan Bank Debt, Long-Term	-	1,510	21	44	67	91
Long-Term Leases	737	622	755	669	657	590
Trust Preferred Securities	-	54	53	54	54	53
Pension & Post-Retirement Benefits	-	11	11	24	30	19
Long-Term Deferred Tax Liabilities	-	-	-	511	952	838
Other Long-Term Liabilities	1,813	1,589	1,535	1,775	1,710	1,388
Total Liabilities	193,534	195,402	190,125	188,906	181,569	148,166
Preferred Stock, Redeemable	2,116	2,116	2,116	2,116	2,116	1,770
Common Stock	2,051	2,051	2,051	2,051	2,051	2,051
Additional Paid-In Capital	3,784	3,757	3,684	3,624	3,635	3,599
Retained Earnings	23,820	22,997	21,689	20,236	18,384	18,315
Treasury Stock	-7,541	-7,262	-7,103	-7,024	-5,676	-5,724
Comprehensive Income & Other	-3,446	-4,487	-5,110	1,207	2,601	1,192
Total Common Equity	18,668	17,056	15,211	20,094	20,995	19,433
Shareholders' Equity	20,784	19,172	17,327	22,210	23,111	21,203
Total Liabilities & Equity	214,318	214,574	207,452	211,116	204,680	169,369
Total Debt	21,725	23,034	23,283	15,615	18,064	17,537
Net Cash (Debt)	-15,236	-16,281	-16,047	-8,884	-11,117	-13,644
Net Cash Per Share	-22.12	-23.68	-23.09	-12.49	-15.45	-18.95
Filing Date Shares Outstanding	670.54	681.22	678.59	683.68	708.7	709.55
Total Common Shares Outstanding	676.27	681.12	683.39	682.78	712.76	708.92
Book Value Per Share	27.60	25.04	22.26	29.43	29.46	27.41
Tangible Book Value	13,652	12,012	10,127	15,424	16,598	14,980
Tangible Book Value Per Share	20.19	17.64	14.82	22.59	23.29	21.13

Source: S&P Capital IQ. Banks template. Financial Sources.