Fifth Third(FITB) - 2025 Q1 - Earnings Call Presentation

Financial Performance - Fifth Third Bancorp's reported EPS was $0.71, with an adjusted EPS of $0.73 in 1Q25[9, 180] - The company's adjusted efficiency ratio improved by 110 bps to 60.5% compared to 1Q24[8, 21] - Net interest income (NII) remained stable sequentially at $1.44 billion in 1Q25[12, 13] - The net interest margin (NIM) expanded to 3.03% in 1Q25, marking the fifth consecutive quarter of expansion[8, 9] - Noninterest income totaled $694 million in 1Q25, with adjusted noninterest income (excluding securities gains/losses) at $721 million[16] Loan and Deposit Portfolio - Average loans increased by 3% sequentially and year-over-year, driven by growth in commercial and consumer lending[8] - Commercial loans averaged $74.7 billion, while consumer loans averaged $46.6 billion in 1Q25[23] - Average deposits totaled $164 billion, with non-interest bearing deposits accounting for 24.6% of the total[28, 31, 33] Credit Quality - The net charge-off ratio was stable at 0.46% in 1Q25[35] - Nonperforming loans (NPLs) increased to $966 million in 1Q25[36, 41] - The allowance for credit losses (ACL) ratio stood at 2.07% of portfolio loans and leases[35] Outlook - The company expects average loans and leases to increase by 4-5% for FY2025 compared to FY2024[54] - Net interest income is projected to increase by 5-6% for FY2025, assuming a 3.75% Fed funds rate as of December 31, 2025[54]