8-KFinancial EventsRegulation FDExhibits & Filings

FIFTH THIRD BANCORP 8-K Report, Material Impairment (Sep 9, 2025)

Filed September 9, 2025For Securities:FITBFITBOFITBPFITB-PIFITB-PMFITB-PAFITBIFITB-PK

Summary

Fifth Third Bancorp (FITB) has filed an 8-K report disclosing a material impairment charge expected in the third quarter of 2025. This charge stems from alleged external fraudulent activity impacting an asset-backed finance loan with an outstanding balance of approximately $200 million. The Bancorp anticipates a non-cash impairment charge between $170 million and $200 million, reflecting potential losses from this situation. Investigations are ongoing with law enforcement and third-party advisors to fully assess the extent of the fraud-related losses. In addition to the impairment disclosure, the filing also notes that Fifth Third Bancorp will be presenting at the 2025 Barclays Global Financial Services Conference on September 10, 2025. A presentation for this event is attached as an exhibit. Investors should note that the information in this 8-K and its exhibits is furnished and not deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, unless expressly incorporated by reference into a filing.

Key Highlights

  • 1Fifth Third Bancorp expects a material non-cash impairment charge in Q3 2025 due to alleged external fraudulent activity.
  • 2The impairment relates to an asset-backed finance loan with an outstanding balance of approximately $200 million.
  • 3Estimated impairment charge ranges from $170 million to $200 million.
  • 4The Bancorp is cooperating with law enforcement and engaging third-party advisors to assess fraud-related losses.
  • 5Fifth Third Bancorp will present at the 2025 Barclays Global Financial Services Conference on September 10, 2025.
  • 6A presentation for the Barclays conference is attached as Exhibit 99.1.
  • 7Information in this 8-K filing is furnished, not filed under Section 18 of the Exchange Act, except as explicitly stated.

Frequently Asked Questions

The material impairment charge is a result of alleged external fraudulent activity at a commercial borrower of Fifth Third Bank, National Association, which has impacted an asset-backed finance loan.

Fifth Third Bancorp estimates a non-cash impairment charge of between $170 million and $200 million for the third quarter of 2025, related to an asset-backed finance loan with an approximate outstanding balance of $200 million.

The Bancorp is working with law enforcement authorities and has engaged third-party advisors to validate the extent of potential fraud-related losses, which will inform the final impairment charge.

Yes, the filing also announces that Fifth Third Bancorp will be presenting at the 2025 Barclays Global Financial Services Conference on September 10, 2025, and provides a copy of the presentation as an exhibit.