© Fifth Third Bancorp | All Rights Reserved © Fifth Third Bancorp | All Rights Reserved Fifth Third Bancorp Investor Meetings February 2025
© Fifth Third Bancorp | All Rights Reserved This presentation contains statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder. All statements other than statements of historical fact are forward-looking statements. These statements relate to our financial condition, results of operations, plans, objectives, future performance, capital actions or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are expected to,” “is anticipated,” “potential,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as “believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K as updated by our filings with the U.S. Securities and Exchange Commission (“SEC”). There are a number of important factors that could cause future results to differ materially from historical performance and these forward-looking statements. Factors that might cause such a difference include, but are not limited to: (1) deteriorating credit quality; (2) loan concentration by location or industry of borrowers or collateral; (3) problems encountered by other financial institutions; (4) inadequate sources of funding or liquidity; (5) unfavorable actions of rating agencies; (6) inability to maintain or grow deposits; (7) limitations on the ability to receive dividends from subsidiaries; (8) cyber-security risks; (9) Fifth Third’s ability to secure confidential information and deliver products and services through the use of computer systems and telecommunications networks; (10) failures by third-party service providers; (11) inability to manage strategic initiatives and/or organizational changes; (12) inability to implement technology system enhancements; (13) failure of internal controls and other risk management programs; (14) losses related to fraud, theft, misappropriation or violence; (15) inability to attract and retain skilled personnel; (16) adverse impacts of government regulation; (17) governmental or regulatory changes or other actions; (18) failures to meet applicable capital requirements; (19) regulatory objections to Fifth Third’s capital plan; (20) regulation of Fifth Third’s derivatives activities; (21) deposit insurance premiums; (22) assessments for the orderly liquidation fund; (23) weakness in the national or local economies; (24) global political and economic uncertainty or negative actions; (25) changes in interest rates and the effects of inflation; (26) changes and trends in capital markets; (27) fluctuation of Fifth Third’s stock price; (28) volatility in mortgage banking revenue; (29) litigation, investigations, and enforcement proceedings by governmental authorities; (30) breaches of contractual covenants, representations and warranties; (31) competition and changes in the financial services industry; (32) potential impacts of the adoption of real-time payment networks; (33) changing retail distribution strategies, customer preferences and behavior; (34) difficulties in identifying, acquiring or integrating suitable strategic partnerships, investments or acquisitions; (35) potential dilution from future acquisitions; (36) loss of income and/or difficulties encountered in the sale and separation of businesses, investments or other assets; (37) results of investments or acquired entities; (38) changes in accounting standards or interpretation or declines in the value of Fifth Third’s goodwill or other intangible assets; (39) inaccuracies or other failures from the use of models; (40) effects of critical accounting policies and judgments or the use of inaccurate estimates; (41) weather-related events, other natural disasters, or health emergencies (including pandemics); (42) the impact of reputational risk created by these or other developments on such matters as business generation and retention, funding and liquidity; (43) changes in law or requirements imposed by Fifth Third’s regulators impacting our capital actions, including dividend payments and stock repurchases; and (44) Fifth Third's ability to meet its environmental and/or social targets, goals and commitments. You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information on other factors, which could cause actual results to be significantly different from those expressed or implied by these forward-looking statements. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to us. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as may be required by law, and we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The information contained herein is intended to be reviewed in its totality, and any stipulations, conditions or provisos that apply to a given piece of information in one part of this press release should be read as applying mutatis mutandis to every other instance of such information appearing herein. Copies of those filings are available at no cost on the SEC’s website at www.sec.gov or on our website at www.53.com. Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results. In this presentation, we may sometimes provide non-GAAP financial information. Please note that although non-GAAP financial measures provide useful insight to analysts, investors and regulators, they should not be considered in isolation or relied upon as a substitute for analysis using GAAP measures. We provide a discussion of non-GAAP measures and reconciliations to the most directly comparable GAAP measures in later slides in this presentation, as well as on pages 27 through 29 of our 4Q24 earnings release. Management does not provide a reconciliation for forward-looking non-GAAP financial measures where it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of the Bancorp's control or cannot be reasonably predicted. For the same reasons, Bancorp's management is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures. This presentation incorporates the following peers: CFG, CMA, FCNCA, FHN, HBAN, KEY, MTB, PNC, RF, TFC, USB, & ZION. Cautionary statement 2
© Fifth Third Bancorp | All Rights Reserved 0.7 0.9 0.9 1.2 1.3 1.7 2.1 2.3 3.1 3.6 3.7 4.6 4.7 8.4 Belgium Poland Switzerland Netherlands Turkey Spain Russia Italy France United Kingdom Midwest Footprint Germany Southeast Footprint Fifth Third Footprint Midwest footprint (branch count in white) Major FITB markets 2 with a top 5 deposit share London office Leading position in the markets we compete in 2024 nominal GDP forecast ($ trillions) 4 Key Southeast MSAs of focus Toronto office Top performing regional bank with local scale and national reach #2 deposit ranking 5 Assets, deposits, and branches as of 12/31/24; 1 Rankings as of 9/30/24 and consist of US commercial banks and exclude foreign, trust, & traditional investment banks; 2 Includes MSAs with $5BN+ in deposits on a capped basis (deposits per branch capped at $250MM per June 2024 FDIC data); 3 Source: U.S. Bureau of Economic Analysis; 4 Data sourced from S&P Global Market Intelligence; 5 Deposits per branch capped at $250MM per June 2024 FDIC data; Midwest and Southeast rankings represent in footprint deposit market share; 6 Source: 2023 Cash Management Services Survey administered by EY 3 Fifth Third Corporate Headquarters Cincinnati, Ohio 3 3 3 Assets $213 billion Ranked 10 th in the U.S. 1 Deposits $167 billion Ranked 9 th in the U.S. 1 U.S. branches 1,089 Ranked 8 th in the U.S. 1 Commercial Payments Top 5 market share across several TM product categories 6 Global GDP rank Including FITB footprint #3 #4 #5 #8 #9 #10 #11 #14 #18 #20 #21 #23 #26 #24 Southeast footprint (branch count in white) #6 deposit ranking 5 #3 deposit ranking 5
© Fifth Third Bancorp | All Rights Reserved Commercial Banking Lending / Deposits / Capital Markets / Treasury Management & Payments $67B loans $65B deposits Consumer & Small Business Banking Wealth & Asset Management Business Offerings Loans / Deposits $4B loans $11B deposits $47B loans $88B deposits Select Awards & accolades A simple, diversified business portfolio NII contribution 1 Fee contribution 1 38% 59% 3% 48% 38% 14% 4Q24 avg. Lending / Deposits / Payments Wealth Management / Trust / Custody 1 As a percent of LTM 4Q24 segment revenue, which excludes Other Corporate 4
© Fifth Third Bancorp | All Rights Reserved Disciplined execution guided by core principles Stability Profitability Growth Consistent and disciplined management, with a long-term focus throughout the company 5 • Resilient balance sheet • Strong credit profile • Diverse fee mix with high total revenue contribution • Expense discipline • NII growth and NIM expansion • Southeast demographics • Midwest & renewables infrastructure investments • Tech-enabled product innovation #2 #3#1
© Fifth Third Bancorp | All Rights Reserved January Guidance Actuals Adjusted basis where applicable Avg. loans & leases down ~2% P down 2% (Including HFS) Total revenue 1 down 1 - 2% P down 2% (Includes securities g/l) (Baseline of $8.826 billion) - down $180 million to $8.646 billion Net interest income 1 down 2 - 4% P down 3% (Baseline of $5.852 billion) - down $194 million to $5.658 billion Noninterest income 1 up 1 - 2% P up 1% (Excl. non-core items & securities g/l) (Baseline of $2.956 billion) - up $17 million to $2.973 billion Noninterest expense 1 up ~1% P flat (Excl. non-core items) (Baseline of $4.937 billion) - flat at $4.937 billion PPNR 1 implied down 4 - 5% P down 5% ( Includes securities g/l and all NQDC impacts) (Baseline of $3.889 billion) - down $180 million to $3.709 billion Charge-offs 35 - 45 bps P 45 bps EPS P Implied based off guidance $3.27 $3.37 Built to deliver dependable results Full year 2024 results in line with January 2024 expectations “NIM trough in 4Q23 and growth thereafter” September 2023 Barclays Conference “NII trough in 1Q24 and growth thereafter” September 2023 Barclays Conference “Fourth quarter 2024 positive operating leverage” 2Q24 earnings call “We think through-the-cycle average NCOs are somewhere between 35 and 45 basis points” 3Q21 earnings call Promises made; promises kept 6 1 Non-GAAP measure: see reconciliation and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release
© Fifth Third Bancorp | All Rights Reserved 1.17% Peer 9 Peer 4 x Peer 10 Peer 8 Peer 6 Peer 3 Peer 2 Peer 1 Peer 7 Peer 11 Peer 5 54.7% Peer 9 x Peer 4 Peer 6 Peer 3 Peer 2 Peer 10 Peer 8 Peer 7 Peer 11 Peer 5 Peer 1 12.0% Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 X Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 13.5%x Peer 7 Peer 8 Peer 2 Peer 9 Peer 1 Peer 3 Peer 10 Peer 4 Peer 6 Peer 5 Peer 11 60.5% Peer 7 Peer 6 x Peer 5 Peer 8 Peer 9 Peer 2 Peer 11 Peer 10 Peer 1 Peer 4 Peer 3 1.29% Peer 8 Peer 4 Peer 1 Peer 2 Peer 3 Peer 5 Peer 9 Peer 6 Peer 10 x Peer 7 Peer 11 Driving to consistently generate top quartile results 7 Return on equity 1 2018 2024 2018 2018 Return on assets 1 Efficiency ratio 1 Adjusted basis Adjusted basis Adjusted basis Remain focused on long-term horizon Expect to continue generating top-tier financial results 2 2024 2024 1 Non-GAAP measure: see reconciliation and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release; 2 See forward-looking statements on page 2 of this presentation regarding forward-looking non- GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release
© Fifth Third Bancorp | All Rights Reserved 5 Year 7 Year 10 Year 1 FITB 68% FITB 81% Peer 9 212% 2 Peer 9 68% Peer 9 77% FITB 191% 3 Peer 10 49% Peer 8 70% Peer 8 188% 4 Peer 8 46% Peer 3 53% Peer 11 149% 5 Peer 3 38% Peer 11 38% Peer 7 144% 6 Peer 11 36% Peer 4 36% Peer 3 130% 7 Peer 4 31% Peer 7 33% Peer 10 105% 8 Peer 7 24% Peer 10 31% Peer 4 98% 9 Peer 1 11% Peer 6 17% Peer 1 90% 10 Peer 5 8% Peer 5 17% Peer 5 81% 11 Peer 2 (0%) Peer 2 16% Peer 6 63% 12 Peer 6 (3%) Peer 1 (3%) Peer 2 50% Delivering long-term shareholder outperformance at peer median valuation 8 Total shareholder return Note: Trailing TSR as of 12/31/2024, except year to date which is as of 1/27/2025 12.1x Peer 12 Peer 8 Peer 10 Peer 3 Peer 11 Peer 1 Peer 4 x Peer 5 Peer 6 Peer 2 Peer 7 Peer 9 2025 P/E 10.6x Peer 12 Peer 8 Peer 10 Peer 3 Peer 1 x Peer 4 Peer 7 Peer 6 Peer 5 Peer 2 Peer 9 Peer 11 2026 P/E 2025 consensus EPS and price as of 1/24/25 2026 consensus EPS and price as of 1/24/25 Peer median 12.2x Peer median 10.5x
© Fifth Third Bancorp | All Rights Reserved $14.83 $17.64 $18.69 $19.61 $20.40 $21.18 $21.93 3.88% 3.88% 4.58% 4.7% 4.8% 4.9% 4.9% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% 11.00% 12.00% 13.00% 10 12 14 16 18 20 22 24 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 +19% +6% Forecast Balance sheet positioned to grow tangible book value per share 9 TBV/S Incl. AOCI AOCI accretion +5% +4% TBV/share will improve due to AOCI accretion alone 1,2 1 See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release; 2 Analysis based on 12/31/2024 portfolio utilizing the implied forward curve as of 12/31/2024 +4% +4% Projected growth from AOCI burndown alone 10-year treasury yield Projected TBV/share growth includes no future earnings contribution Actuals
© Fifth Third Bancorp | All Rights Reserved Broad and dynamic US economy with diverse outlooks 10 U.S. 10-year GDP Growth 1 Southeast: Fastest population growth benefiting from investments in manufacturing, especially automotive and aerospace. Midwest: Traditional strength in manufacturing and agriculture. Central location makes it transportation and logistic hub. Northeast: Financial center and home to numerous multinational corporations. Experiencing net migration outflow. West Coast: Plays leading role in technology, entertainment and agriculture. Southwest: Global energy hub. Growing presence in technology. Texas has favorable business climate and fast-growing population Branches Wealth Management Middle Market Consumer Lending Corporate banking Southeast Midwest Northeast West Coast Southwest 1 Source: https://empoweringamericancities.com/dashboard/, GDP for the past 10 years from 2024 National reachLocal presence
© Fifth Third Bancorp | All Rights Reserved 1,053 1,105 1,260 1,529 1,722 2,098 2,171 2,192 2,275 2,280 2,525 2,750 2,822 2,856 3,300 3,359 3,425 Geneva Grand Rapids Oslo Raleigh Jacksonville Nashville Indianapolis Columbus Stockholm Cincinnati Amsterdam Brussels Charlotte Orlando Frankfurt Tampa Rome High growth footprint attracting large investments 11 Population of metropolitan areas 1 Projected population growth by 2030 1,3 1 Data sourced from S&P Global Market Intelligence for U.S. cities, https://citypopulation.de/en/world/agglomerations/ for European cities, data as of 2024; 2 Source: https://www.bfs.admin.ch/asset/de/su-f-01.02.04.07, data as of 2020, 3 Source: https://ec.europa.eu/eurostat/databrowser/view/PROJ_19RP3__custom_9959584/bookmark/table?lang=en&bookmarkId=c9d54019-d8c0-4480-84ed-98c1845bd852, European cities used as estimate for metro area population growth 2 $28 billion investment in two chip manufacturing facilities in Columbus, Ohio $1.2 billion investment for office hub in Nashville, Tennessee $1.7 billion investment to expand production in Spartanburg, SC $3.2 billion investment in new EV battery plant in Tennessee $2.5 billion investment to build medical research facility in North Carolina $1.6 billion investment to expand manufacturing operations in South Carolina 1% 6% 2% 7% 7% 2% 2% 3% 4% 4% 4% 6% 8% 7% 5% 3% 2%
© Fifth Third Bancorp | All Rights Reserved 1 Filtered for de novos and based on 2024 FDIC data. Not all de novos have been open for 5 years; 2 See forward-looking statements on page 2 of this presentation regarding forward-looking non- GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release 207 138 43 39 26 22 23 Trillionaire 1 X Peer 9 Peer 6 Trillionaire 2 Peer 8 Trillionaire 3 Southeast investments and execution lead to strong deposit growth and profitability Southeast de novo branch builds Average de novo deposits per branch by vintage 1 In Southeast states from 2018 – December 2024 12 $0 $10 $20 $30 $40 $50 Year 1 Year 2 Year 3 Year 4 Year 5 Fifth Third Peer Avg $ in millions Continued investment in Southeast through 2028 2017 2024 2028E 2 Total branches 1,154 1,089 ~1,250 Midwest branches 881 737 ~675 Southeast branches 273 352 ~575 % of branches in Southeast 24% 32% ~50% Southeast locational share 7 th 6 th 5 th ~$15B to $20B deposit opportunity over the next 7 years 2 from a combination of new de novos, southeast network density strengthening, and entire FITB network seasoning
© Fifth Third Bancorp | All Rights Reserved Midwest Footprint 1 Southeast Footprint 1 Deposit Share 10.9% 3.9% Locational Share 8.7% 5.4% Capped Deposit Growth (YoY) Fifth Third 2.2% 15.7% Market Avg. 1.2% 0.2% Avg Deposits per Branch Fifth Third $122MM $82MM Market Avg. $96MM $114MM 3-year GDP growth (%) 3.4% 9.8% Population growth since 2010 (%) 3.2% 22.7% Deposit share rank in MSAs where Fifth Third operates 1 As of June 30, 2024; deposits capped at $250MM Maintaining market share across Midwest branch network while increasing share in high-growth Southeast markets 9 th 12 th 5 th 13 th 14 th 3 rd 2 nd 1 st 5 th 2 nd 3 rd 13 Southeast has favorable population trends Expected population growth (2025 – 2030) 2 Midwest#2 Southeast#6 10.9% deposit share 3.9% deposit share 1 Source: 2024 FDIC Summary of Deposits; 2 Data sourced from S&P Global Market Intelligence Midwest U.S Southeast ~2x ~6x ~5% Deposit share rankings
© Fifth Third Bancorp | All Rights Reserved National capped deposits 1 excluding NY and CA $ in billions Scale in retail deposits leads to higher returns 14 Consumer deposit concentration leads to higher returns 1 Source: 2024 FDIC Summary of Deposits; 2 Data sourced from S&P Global Market Intelligence; 3 See forward-looking statements on page 2 of this presentation regarding forward- looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release $117 Trillionaire 3 Trillionaire 1 Trillionaire 2 Peer 8 Peer 6 Peer 2 x Peer 9 Peer 3 Peer 11 Peer 4 Peer 12 Peer 5 Peer 10 Peer 7 Peer 1 Largest bank in US asset size is 20x larger, but deposits on a capped basis is only ~4x larger reflecting the concentration of large commercial deposits. ~4x x Peer 8 Peer 4 Peer 9 Peer 6 Peer 5 Peer 3 Peer 1 Peer 11 Peer 10 Peer 2 20% 25% 30% 35% 40% 45% 50% 4% 6% 8% 10% 12% 14% 16% 3 Q 2 4 C o n s u m e r d e p o s i t s a s a % o f t o t a l d e p o i t s 2 3Q24 LTM adjusted ROE 3 Median is the intersect
© Fifth Third Bancorp | All Rights Reserved Dividend and Provide originating loans on tech-enabled platform 12/31/2022 12/31/2023 12/31/202412/31/2022 12/31/2023 12/31/2024 Provide named One of the World’s Most Innovative Companies by Fast Company Provide: Leading fintech in the practice finance industry #2 practice finance national market share ✓ Best-in-class practice marketplace referral platform ✓ Added new conventional and SBA financing options ✓ $3.3 billion of high credit quality loans ✓ ~90% of new relationships have deposits, TM, or both ✓ Business and personal banking product penetration exceeding expectations Total depositsTotal loans 52% CAGR 32% CAGR Dividend Finance: Leading fintech for consumer renewable energy $4.5B $4.8B 12/31/2023 12/31/2024 • #2 market share - US residential solar lending • Contractor relationships; ~126 regional solar installer network • Understand solar lending complexities; pioneered leading financing process in 2013, and have a decade of expertise navigating nuances of contractor diligence, compliance requirements, and project timelines • Superior technology capabilities; differentiated speed to underwriting decision, contractor toolkit, and visualization of customer value proposition • Superior credit risk profile; ~$150K average HH income (775+ FICO on originations) 1 Dividend Finance overview Period-end loan balances 1 Based on 2024 originations 15
© Fifth Third Bancorp | All Rights Reserved 244 302 2021 2024 Middle Market growing and expanding its reach 16 Salesforce additions drive growth Middle market salesforce $18,127 $20,535 2021 2024 Middle market loans Birmingham, Alabama Savannah, Georgia 2024 new expansion markets December weighted average loans x Trillionaire ~20x Central Valley (California) Kansas City, Missouri Total assets x Trillionaire ~3.5x Total middle market lending 7% CAGR 4% CAGR As of 4Q24 As of 4Q24 Relative asset size does not reflect middle market scale
© Fifth Third Bancorp | All Rights Reserved Commercial Payments with significant scale and leading technology 17 Well established commercial payments organization with significant scale 1 See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release; 2 Source: 2023 Cash Management Services Survey administered by EY; 3 2023 ACH data from NACHA; deposit balances as of 4Q23 #2 of 37 in Coin and currency revenue #2 of 32 in Retail lockbox remittances #3 of 42 in Total ACH originations #3 of 39 in Wholesale lockbox remittances #4 of 37 in Total check clearing #5 of 35 in Account reconciliations Top 5 market share in several product categories 2 22% 20% 19% 14% 13% 7% 5% Wealth & asset management Mortgage banking revenue Other noninterest income Capital Markets Commercial banking revenue Commercial payments Consumer banking revenue Traditional treasury mgmt. Managed Services Newline Embedded payments • Platform • Interaction channels • Financial products • Risk solutions • A/R automation • A/P automation • Cash logistics • Healthcare (Big Data HC) • Liquidity manager • Escrow manager • Commercial card • Lockbox & check 0.05% 0.06% 0.06% 0.08% 0.08% 0.10% 0.10% 0.10% 0.11% 0.13% 0.15% 0.19% 0.41% Peer 12 Peer 6 Peer 4 Peer 3 Peer 10 Peer 9 Peer 11 Peer 7 Peer 1 Peer 5 Peer 2 Peer 8 x HighlightsPayments processed ACH credit send / commercial deposits 3 ~1,300 People in the commercial payments organization ~14K Commercial payments related clients ~40% Of new commercial payments relationships are payments-led with no credit extended $5 $10 $15 $17 2007 2019 2023 2024 $ in trillions 2024 commercial payments fees $608M Commercial payments fees and NII contribution from operating deposits represents over $2B in annualized revenue today Noninterest income contribution 2024 adjusted noninterest income 1 of $3.0B 7% long-term CAGR
© Fifth Third Bancorp | All Rights Reserved Significant opportunity within B2B payments Significant growth off a sizable base Significant opportunity to automate back-office processes related to cash conversion cycle $29.2 trillion ~12% B2B payment market in the United States Expected annual growth through 2030 1 35% 32% 25% 8% Currently automating Very interested Interested Not interested / NA Interest level in automating the cash conversion cycle 2 33% Of all B2B payments still being done via check 6 68% Deal with late payments impacting cashflows 8 ~50% of invoices received still require manual intervention 3 80% Experience fraud attacks/attempts 7 Automating workflows and digitizing the cash conversion cycle generates significant value Invoice processing cost Paper vs. electronic payment Cost of collecting late payments Baseline Best-in-class Improvement $9.87 Average cost per invoice received and processed 3 $2.81 Cost per invoice received and processed 3 +$4.00 Average cost of issuing a paper check 4 $0.50 Average cost to issue an electronic payment 4 +$5.00 Cost per $1,000 in revenue to collect a payment greater than 30 days past due 5 $1.00 Cost per $1,000 in revenue to collection a payment less than 30 days past due 5 +72% +88% +80% 1 Fortune Business Insight: B2B Market]; See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the 2Q24 earnings release 2 Datos: Best Practices in Receivables management 2023; 3 Ardent partners: Accounts payable Metrics that Matter 2024; 4 NACHA: “ACH costs are a Fraction of Check Costs for Business”; 5 High Radius: “What is the cost of collecting”; 6 AFP 2022 Digital Payments Survey Report; 7 AFP 2024 Payment Fraud and Control Report ; 8 PYMTS.com “Accounts Receivable Automaton Smooths O2C Continuum” 18
© Fifth Third Bancorp | All Rights Reserved • Newline is vertically integrated API platform that enables enterprises to launch payment, card, and deposit solutions directly with Fifth Third Bank. 19 Client Payment & Deposit Solutions Client list includes a broad range of category leaders Newline offers the risk management of a large bank combined with the quality, sophistication, and product velocity of a software company Select clients Newline powers Blackbaud, a leading software platform for nonprofits, education, and CSRs Newline highlights • 150+ clients • Top 3 Merchant Acquiring Bank • Top 5 Card issuing sponsor bank • Top 10 ACH Originator • 29% YoY deposit growth • ~$3BN in deposits Embedded payment and deposit solutions Payment solutions and money movement Bank Accounts Card programs and sponsorship • Full suite of batch and API payment offerings including wire, ACH, RTP, and FedNow (coming soon) • Funds storage • Issue consumer/commercial cards through utilization of BIN sponsorship Embedded financial solutions driven by Newline Blackbaud’s software platform Payment services Blackbaud’s End Customers Non-profits and companies Payments powered by Newline
© Fifth Third Bancorp | All Rights Reserved Managed Services improving our customers’ processes 20 Big Data HealthcareCash logistic solutions Managed payables Robust portfolio of managed payables automation solutions that maximize client value Optimizing healthcare payments by automating the reconciliation of claims, remittances, and deposits Optimizing cash handling through managed cash automation with a single-source for end-to-end service and support Pre-Big Data Healthcare Post-Big Data Healthcare • Manually reconciling cash posting via spreadsheets • High-value accounting and operations staff was dedicated to cash posting reconciliation. • The migration to a new Electronic Medical Record (EMR) system increased workflow complexity • +95% auto-posting rate • Reallocated resources in accounting and operations • Successfully automated the complex payment workflows created by the EMR migration. Pre-Managed payables (Expert AP) Post-Managed payables (Expert AP) • Manual AP workflows executed through email or paper-based processes. • AP staffed with four full-time employees • Limited visibility into the status of invoices and pending payments. • +90% of invoices captured and processed through the Expert AP automated workflow tool • Reallocated two full-time employees while existing AP group was able to take on expanded responsibilities • Payment execution was outsourced increasing the adoption of electronic payments Pre-Cash logistic solutions deployment Post-Cash logistic solutions deployment • ~4 hours per store per day were dedicated to cash management • Concerns with safety and security of staff related to making deposits at branches • Manual cash handling slowed down deposit and reconciliation posting processes • ~50% of daily hours spent towards cash management eliminated • Reduced reconciliation resources and better utilization of store personnel • Improved the automation of AP data flow resulting in FTE redeployment
© Fifth Third Bancorp | All Rights Reserved Expect strong Commercial Payments fee growth 21 2017 2024 Future state Embedded payments/ Newline Managed Services Traditional treasury management 16% CAGR 4% CAGR 20+% ~9% ~4% >2x growth 1 See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release; 2 Commercial Payments gross of earnings credits Expected 5-year CAGR Expect commercial payments to be a $1 billion fee business in ~5 years 1 2 ~$1B
© Fifth Third Bancorp | All Rights Reserved $131 $82 $52$52$50 $37 $26 $21$19$18 $8 $3 Peer 8 Peer 2 Peer 6 xPeer 9 Peer 5 Peer 4 Peer 3 Peer 1 Peer 10 Peer 12 Peer 7 Peer 11 $584 $419 $221 $190$179 $148$128$113 $55$51 $28 $6 Peer 2 xPeer 8 Peer 4 Peer 3 Peer 6 Peer 1 Peer 9 Peer 5 Peer 10 Peer 7 Peer 12 Peer 11 22% 20% 19% 14% 13% 7% 5% Wealth & Asset Management has scale and continues to expand 22 AUM2AUC2 $4,813 ~$69B of AUM including our RIAs Totals may not foot due to rounding; 1 See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release; 2 Source: Regulatory filings – Call Report; As of 9/30/24 4 th consecutive year 89 134 2022 2024 Wealth advisor headcount Fifth Third Wealth & Asset Management Team Fifth Third Wealth Advisors • Independent RIA Launched in 2022; ~$2.4BN in AUM by YE24 Key priorities Award winning Private Bank $ in BNs; As of 9/30/24 Wealth & Asset Management business has sizable scale relative to peers Wealth & Asset Management business has delivered consistent growth over the past 5+ years Business Transition Advisory Team • Dedicated to preparing business owners financially and personal for business transition • Launched in 2021; >$2BN in gross proceeds since inception • Focus the business on core private bank offerings and One Bank solutions $178 Wealth & asset management 2024 wealth & asset management revenue $647M Noninterest income contribution 2024 adjusted noninterest income 1 of $3.0B
© Fifth Third Bancorp | All Rights Reserved 14% 13% 7%5% 22% 20% 19% Peer 5 Peer 1 Peer 3 Peer 11 Peer 8 Peer 6 Peer 2 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% (70%) (60%) (50%) (40%) (30%) (20%) (10%) 0% 10% 20% Capital Markets achieving robust growth 23 Growing fees across the Capital Markets business 1 See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release; 2 Trading revenue less equity securities and index revenue per regulatory filings 2019 2024 $424 $307 7% CAGR 2% CAGR 9% CAGR 6% CAGR 5% CAGR Financial risk management including hedging business Strategic advisory & investment banking (incl. M&A) Institutional sales & trading Debt capital markets C a p it a l m a r k e t s h e d g in g r e v e n u e 2 a s a % o f a d j u s t e d r e v e n u e 3 Q 2 4 L T M Change in capital markets hedging revenue 2 3Q24 LTM vs. 3Q23 LTM Capital markets hedging business has significant scale with strong organic growth Median is the intersect 2024 capital markets revenue $424M Capital markets Noninterest income contribution 2024 adjusted noninterest income 1 of $3.0B
© Fifth Third Bancorp | All Rights Reserved 24 Digital transformation timeline 1 • Data center and network modernization to drive operational resiliency and performance • Enhanced mobile app rollout, customer recommendation, and chatbot • GL conversion (Workday) Completed Investing in technology to better serve our customers Investing in modern banking platform to improve the customer experience 2025 & beyond ✓ • Focused differentiation on enhancing customer experience and streamlining workflows to get work done more efficiently • In pilot: CDs conversions (FIS) • ATM & TM billing conversion (FIS) • Checking & savings conversions (FIS) • Commercial loan system conversion (AFS) • Wealth & Asset Management conversion (FIS) Technology spend composition Current ~50% Run the Bank ~35% Advance the bank ~15% Protect the bank Future state 1 ~35% Run the Bank ~50% Advance the bank ~15% Protect the bank • Spending mix to further shift towards accelerating digital transformation and improving the customer experience while remaining focused on supporting security and compliance efforts 1 See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the 4Q24 earnings release
© Fifth Third Bancorp | All Rights Reserved 25 Customer-centric, technology-enabled product innovation and development Technology enabled relationship management • 75+ AI/ML models power the customer recommendation engine, informing direct marketing campaigns and other deposit initiatives, and presented through our proprietary MyDay banker portal and digital channels • Specific marketing support to help drive new customer acquisition – Every Door Direct Mail campaign • Early recruiting / hiring to ensure staff are ready to begin sales efforts 1 to 3 months prior to branch opening Digital Banking Stats 75.4% 4Q23 4Q24 Digital adoption % of checking households $2.7B 4Q23 4Q24 Zelle Transactions Send and receive volume Apple app store rating Digital experience 4.5 4.8 Peer Average 4Q24 ~1.5 million Momentum HHs (~60% of total consumer) Fifth Third Momentum Banking: Combining the best of fintech and traditional banks Unique value proposition ✓ Noninterest bearing checking product, given the other valuable services provided ✓ Ongoing product enhancements ✓ Granular, sticky deposit growth ✓ Higher primacy and higher retention than previous new-to-bank customers Artificial Intelligence improving the customer experience AI driven chatbot Jeanie reduction in Call volume Call center value stream ~20% Select examples Intents ~150 Conversations contained in Jeanie 43%
© Fifth Third Bancorp | All Rights Reserved 1 Excludes 2020, 2021, and 2022 metrics; 2 Loan balances exclude nonaccrual loans HFS Well-managed credit over time Net charge-off ratio Non-performing assets ratio 2 Commercial net charge-off ratio Consumer net charge-off ratio 4Q24 0.32% 4Q24 0.46% 4Q24 0.71% 4Q24 0.68% 10 year average excluding COVID 1 10 year average excluding COVID 1 10 year average excluding COVID 1 10 year average excluding COVID 1 26
© Fifth Third Bancorp | All Rights Reserved 1.34% 0.93% 0.88% 0.61% 0.37% 0.33% 0.23% 0.14% 0.09% 0.08% 0.00% Peer 6 Peer 11 Peer 8 Peer 3 Peer 2 Peer 10 Peer 5 Peer 9 Peer 1 Peer 7 276% 237% 178% 169% 147% 133% 95% 88% 84% 79% 78% 77% 76% 73% Peer 7 Peer 10 Peer 1 Peer 4 Peer 12 Peer 11 Peer 3 Peer 9 Peer 5 Peer 6 Peer 8 Peer 2 41% 37% 36% 29% 26% 22% 16% 16% 15% 15% 15% 14% 14% 13% Peer 7 Peer 10 Peer 1 Peer 4 Peer 12 Peer 11 Peer 6 Peer 5 Peer 9 Peer 3 Peer 8 Peer 2 CRE portfolio is well-positioned 27 Comparing CRE portfolios relative to peers CRE loans 1 / total loans Among the lowest CRE concentration relative to peers with strong credit quality CRE loans 1 / total capital FITB 3Q24 FITB 4Q24 FITB 3Q24 FITB 4Q24 CRE net charge-off ratio 2 As of 9/30/24 unless otherwise noted As of 9/30/24 unless otherwise noted 4Q24 LTM 1 Source: FR Y-9C; CRE includes the following captions within schedule HC-C: 1a - construction, land development & other land loans, 1d - secured by multifamily (5 or more) residential properties, 1e - secured by nonfarm nonresidential properties; 2 Source: company filings; FCNCA and MTB excluded due to limited data
© Fifth Third Bancorp | All Rights Reserved 28 Growing capital and maintaining strong liquidity position Liquidity position $ in billions Fed Reserves Unpledged Investment Securities Available FHLB Borrowing Capacity Current Fed Discount Window Availability Total ~$17 ~$25 ~$9 ~$58 ~$109 12/31/23 Capital position Common equity tier 1 ratio 1 ~$22 ~$26 ~$12 ~$39 ~$108 Liquidity Sources 12/31/24 1 Current period regulatory capital ratios are estimated. • Maintained full Category 1 LCR compliance during the quarter, ending at 125% • Loan-to-core deposit ratio of 73% • For several years, we have performed: ‒ Daily LCR calculations ‒ Monthly liquidity stress tests, including two FITB-specific scenarios over and above regulatory requirements ‒ Monthly 2052a complex liquidity monitoring reporting Available BTFP Capacity -~$9
© Fifth Third Bancorp | All Rights Reserved ✓ Well-diversified and resilient balance sheet to provide stability and profitability ✓ Consistent investments to generate balanced and growing revenue streams while maintaining peer-leading expense discipline ✓ Multi-year track record of making appropriate and preemptive changes to the business ✓ Transparent management team Positioned to generate long-term sustainable value to shareholders despite the environment Why Fifth Third 29
© Fifth Third Bancorp | All Rights Reserved Appendix 30
© Fifth Third Bancorp | All Rights Reserved • 55% allocation to bullet/ locked- out cash flow securities • AFS & HTM spot yield: 3.22% • AFS net unrealized pre-tax loss: $4.6BN $24.7BN fixed | $48.6BN variable 1,2 Commercial loans 1,2 Balance sheet positioning 100% Fix | 0% Variable 87% Fix | 13% Variable Investment portfolioConsumer loans 1 Long-term debt 3 $40.1BN fixed | $6.4BN variable 1 $9.4BN fixed | $5.0BN variable 3 • 1M based: 42% 4,7 • 3M based: 7% 4,7 • Prime & O/N based: 16% 4,7 • Other based: 1% 4,6,7 • Weighted avg. life: 1.7 years 1 • 1M based: 1% 5,7 • Prime: 12% 5 • Other based: 1% 5,7,8 • Weighted avg. life: 4 years 1 • SOFR based: 35% • Weighted avg. life: 4.2 years C&I 34% Fix | 66% Variable Coml. mortgage 26% Fix | 74% Variable Coml. lease 100% Fix | 0% Variable Resi mtg.& construction 97% Fix | 3% Variable Home equity 12% Fix | 88% Variable Senior debt 58% Fix | 42% Variable Sub debt 58% Fix | 42% Variable Auto securiz. proceeds 92% Fix | 8% Variable Coml. construction 9% Fix | 91% Variable Credit card 37% Fix | 63% Variable Other 85% Fix | 15% Variable Other 97% Fix | 3% Variable Level 1 74% Fix | 26% Variable Level 2A Non-HQLA/ Other Includes $4.5BN non-agency CMBS (All super-senior, AAA-rated securities; 59.6% WA LTV, ~39% WA credit enhancement) Auto/Indirect 100% Fix | 0% Variable 31 The information above incorporates the impact of $11BN in C&I receive-fixed swaps, ~$1BN in CRE receive- fixed swaps 2 , and ~$5BN fair value hedges associated with long-term debt (receive-fixed swaps) Note: Data as of 12/31/2024; 1 Excludes HFS Loans & Leases; 2 Fifth Third had $12B of commercial variable loans classified as fixed given the impacts of $11BN in C&I receive-fix swaps and $1BN in CRE receive-fixed swaps (effective 1/3/25); Excludes $3BN in CRE forward starting receive-fixed swaps (effective 2/3/25); 3 Fifth Third had $4.96BN SOFR receive-fix swaps outstanding against long-term debt, which are being included in floating long-term debt; 4 As a percent of total commercial; 5 As a percent of total consumer; 6 Includes 12M term, 6M term, and Fed Funds based loans; 7 Term points include SOFR, BSBY, AMERIBOR, Treasuries & FX curves; 8 Includes overnight term, 3M term, 6M term, 12M term and Fed Funds.
© Fifth Third Bancorp | All Rights Reserved Totals shown above may not foot due to rounding 32 Investment portfolio composition Investment portfolio characteristics Held-to-maturity portfolio • $11.3BN portfolio • Reclassification during 1Q24 aimed to de-risk potential AOCI volatility to capital under proposed capital rules • Securities selected for HTM meet Reg YY eligibility and inclusion requirements Available-for-sale portfolio • $43.9BN portfolio • $4.5BN Non-agency CMBS portfolio ‒ All positions are super-senior AAA rated with WA credit enhancement of 39% ‒ Securities are 20% risk-weighted and are pledgeable to the FHLB ‒ Underlying loans in our structures have a WA LTV of ~60% ‒ Credit risk team analyzes transactions at the underlying property-level, similar to what we do for all our CRE loan commitments HTM 20% AFS 80% AFS and HTM portfolio; amortized cost basis; as of 12/31/24 Amortized cost basis; as of 12/31/24 Securities mix Effective duration Agency CMBS Agency RMBS Non-agency CMBS Treasuries Other HTM 36% 43% — 21% — 5.5 AFS 54% 15% 10% 10% 11% 3.8 Total 51% 21% 8% 12% 9% 4.1 Securities portfolio Securities portfolio $55BN ~28% of interest earning assets ‒ Leverage analytical tools with over 40+ years of historical data to stress the securities at an individual property level on a recurring basis, including significant market distress in real estate valuations
© Fifth Third Bancorp | All Rights Reserved Classification: Internal Use 10-year treasury yield Projected AOCI accretion Securities portfolio AOCI accretion 33 $ in billions; 12/31/24 AFS and HTM portfolio unrealized loss, after-tax; ~55% capital accretion ~18% capital accretion Historical AOCI accretion ~31% capital accretion since 3Q23 AOCI accretion 1 assuming implied forward curve 2 4.6% 4.2%3.9% 4.4% 3.8% 4.6% 1 See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the earnings release; 2 Analysis based on 12/31/2024 portfolio utilizing the implied forward curve as of 12/31/2024.Totals shown above may not foot due to rounding
© Fifth Third Bancorp | All Rights Reserved Structure of securities portfolio drives continued AOCI accretion 34 • Unrealized losses on Available-for- Sale securities declined significantly from 3Q23 • Investment portfolio structure of bullet and locked-out securities provides certainty of cash flows, which reduces the loss position as these securities pull-to-par • Nearly a 30% reduction over 15 months despite similar 10-year US treasury yields FITB accumulated other comprehensive loss compared to the 10-Year Treasury yield $ millions on an end of period basis, net of tax; 10-year treasury yield close price 1 $4,173 (29%) 2 1 Balances as of 12/31/2024 include the unamortized position of the $994MM impact due to the transfer of $12.6BN of securities from AFS to HTM on January 3, 2024; 2 Assumes a 24% tax rate .
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 0.13% 0.40% 0.32% 30-89 Delinquencies 0.11% 0.07% 0.07% 90+ Delinquencies 0.01% 0.02% 0.01% Nonperforming Loans 2 0.45% 0.47% 0.62% 35 Portfolio loans and leases $ in billions Period-end QoQ change Average QoQ change Key statistics Total commercial portfolio overview 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis.; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. (2.8%) (1.9%) (0.8%) (0.6%) 0.3% (3.2%) (1.1%) (0.2%) (0.9%) 3.0% Period-endAverage
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 0.20% 0.55% 0.42% 30-89 Delinquencies 0.09% 0.06% 0.05% 90+ Delinquencies 0.02% 0.02% 0.01% Nonperforming Loans 2 0.57% 0.50% 0.72% 36 Portfolio loans $ in billions Period-end QoQ change Average QoQ change Key statistics Revolving Line Utilization Trend 3 Commercial & industrial overview 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases; 3 Total commercial portfolio line utilization. (4.2%) (2.7%) (1.6%) (1.4%) (0.1%) (4.5%) (2.0%) (0.7%) (1.8%) 2.7% Period-endAverage
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 (0.07%) 0.00% 0.00% 30-89 Delinquencies 0.09% 0.04% 0.05% 90+ Delinquencies 0.00% 0.02% 0.00% Nonperforming Loans 2 0.12% 0.46% 0.45% Commercial real estate overview CRE Mortgage Balance by occupancy CRE Construction Balance by property type Portfolio loans Key statistics Period-end QoQ change Average QoQ change 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. $ in billions 1.2% 1.4% 0.6% 0.6% 2.8% 1.9% — 1.2% 1.2% 0.1% Multifamily Other Retail Office Hospitality Industrial Home Builder Non-Owner Occupied Owner Occupied Multifamily 20% Hospitality 18% Retail 18% Office 14% Medical Office 10% Industrial 9% Non-owner occupied property type mix 37 Other 11%
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 0.64% 0.62% 0.68% 30-89 Delinquencies 0.63% 0.52% 0.54% 90+ Delinquencies 0.06% 0.06% 0.06% Nonperforming Loans 2 0.73% 0.77% 0.79% Weighted average FICO at origination 3 765 767 767 Weighted average LTV at origination 78% 79% 79% Total consumer portfolio overview 38 Portfolio FICO score at origination 3 $ in billions Portfolio loans Key statistics Period-end QoQ change Average QoQ change 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases; 3 FICO distributions at origination exclude certain acquired mortgage & home equity loans, and ~$80 million of credit loans on book primarily ~15+ years. (1.4%) (0.2%) 0.3% 0.8% 1.9% (1.1%) 0.2% 0.5% 1.7% 2.1% 750+720-749<660 660-719 2% Period-endAverage
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 (0.01%) (0.02%) (0.01%) 30-89 Delinquencies 0.18% 0.16% 0.19% 90+ Delinquencies 0.04% 0.05% 0.03% Nonperforming Loans 2 0.73% 0.76% 0.78% Weighted average FICO at origination 3 764 764 764 Weighted average LTV at origination 72% 73% 74% Residential Mortgage overview 39 Portfolio FICO score at origination 3 $ in billions Portfolio loans Key statistics Period-end QoQ change Average QoQ change 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases; 3 FICO distributions at origination exclude certain acquired mortgage loans. (1.6%) (0.9%) 0.2% 0.2% 1.7% (1.5%) (0.2%) 0.3% 0.7% 2.2% 750+720-749<660 660-719 3% Period-endAverage
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 0.05% (0.02%) (0.01%) 30-89 Delinquencies 0.72% 0.56% 0.60% Nonperforming Loans 2 1.46% 1.64% 1.67% Weighted average FICO at origination 3 767 768 769 Weighted average LTV at origination 67% 66% 66% Home equity overview 40 Portfolio FICO score at origination 3 $ in billions Portfolio balances Key statistics Period-end QoQ change Average QoQ change 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases; 3 FICO distributions at origination exclude certain acquired home equity loans. 0.2% 0.7% (0.1%) 2.3% 2.7% 0.5% (0.8%) 2.2% 2.6% 2.8% 750+720-749<660 660-719 1% Period-endAverage
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 0.64% 0.54% 0.66% 30-89 Delinquencies 1.00% 0.77% 0.80% Nonperforming Loans 2 0.24% 0.31% 0.34% Indirect secured consumer overview 41 Portfolio FICO score at origination Includes primarily RV & Marine $ in billions Portfolio loans Key statistics Period-end QoQ change Average QoQ change 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. 1% (4.2%) 0.3% 1.3% 2.0% 2.7% (3.0%) 2.3% 0.9% 3.2% 2.3% 750+720-749<660 660-719 Period-endAverage Weighted average FICO at origination 768 771 772 Weighted average LTV at origination 88% 88% 88%
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 3.90% 3.74% 4.00% 30-89 Delinquencies 1.13% 1.17% 1.04% 90+ Delinquencies 1.13% 1.06% 1.15% Nonperforming Loans 2 1.82% 1.82% 1.85% Credit card overview 42 Portfolio FICO score at origination 3 750+720-749<660 660-719 $ in billions Portfolio loans Key statistics Period-end QoQ change Average QoQ change 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases; 3 FICO distributions at origination exclude ~$80 million from credit loans on book primarily ~15+ years. 1.2% (3.1%) (2.5%) (1.2%) (2.3%) 2.6% (6.9%) (0.2%) (1.7%) 1.8% Weighted average FICO at origination 3 743 743 744 5% Period-endAverage
© Fifth Third Bancorp | All Rights Reserved 4Q23 3Q24 4Q24 NCO ratio 1 1.09% 1.44% 1.64% 30-89 Delinquencies 0.48% 0.42% 0.48% Nonperforming Loans 2 1.61% 1.57% 1.52% Weighted average FICO at origination 771 772 772 Solar energy installation overview 43 Portfolio FICO score at origination $ in billions Portfolio loans Key statistics Period-end QoQ change Average QoQ change 1 Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis; 2 Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. 11.9% 4.5% 3.2% 1.9% 3.7% 10.2% 3.8% 2.1% 3.2% 3.0% 750+720-749660-719 Period-endAverage
