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© Fifth Third Bancorp | All Rights Reserved Fifth Third Bancorp 2Q25 Earnings Presentation July 17, 2025 Refer to earnings release dated July 17, 2025 for further information.
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© 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, including the use of artificial intelligence; (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 in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs; (27) changes and trends in capital markets; (28) fluctuation of Fifth Third’s stock price; (29) volatility in mortgage banking revenue; (30) litigation, investigations, and enforcement proceedings; (31) breaches of contractual covenants, representations and warranties; (32) competition and changes in the financial services industry; (33) potential impacts of the adoption of real-time payment networks; (34) changing retail distribution strategies, customer preferences and behavior; (35) difficulties in identifying, acquiring or integrating suitable strategic partnerships, investments or acquisitions; (36) potential dilution from future acquisitions; (37) loss of income and/or difficulties encountered in the sale and separation of businesses, investments or other assets; (38) results of investments or acquired entities; (39) changes in accounting standards or interpretation or declines in the value of Fifth Third’s goodwill or other intangible assets; (40) inaccuracies or other failures from the use of models; (41) effects of critical accounting policies and judgments or the use of inaccurate estimates; (42) weather-related events, other natural disasters, or health emergencies (including pandemics); (43) the impact of reputational risk created by these or other developments on such matters as business generation and retention, funding and liquidity; (44) changes in law or requirements imposed by Fifth Third’s regulators impacting our capital actions, including dividend payments and stock repurchases; and (45) 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. 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 26 through 28 of our 2Q25 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. Cautionary statement 2
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© Fifth Third Bancorp | All Rights Reserved For end note descriptions, see end note summary starting on page 42 Key Messages 3 Diversified loan origination platforms and high-quality deposits delivered accelerating NII growth Ongoing investments in strategic growth priorities led to highest adjusted PPNR1 growth rate in 2 years Continued expense discipline resulted in a 130 bps improvement in the adjusted efficiency ratio1 Credit quality strengthened, with NPAs down 11% sequentially, led by an 18% decline in commercial NPAs
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© Fifth Third Bancorp | All Rights Reserved • Continued momentum in net interest income and net interest margin due to loan growth, deposit rate management and fixed-rate asset re-pricing • Compared to 2Q24, average consumer and commercial loans increased 7% and 4%, respectively • Generated positive operating leverage for the 3rd consecutive quarter driven by disciplined expense management and accelerating revenue growth • Grew tangible book value per share3 18% over the last year • Generated consumer household growth of 2% compared to 2Q24, including 6% growth in the southeast Reported1 Adjusted1 EPS $0.88 $0.90 ROA 1.20% 1.22% ROE 12.8% 13.0% ROTCE 17.6% 18.0% NIM 3.12% 3.12% Efficiency ratio 56.2% 55.5% PPNR $986MM $1,002MM CET12 10.56% For end note descriptions, see end note summary starting on page 42 2Q25 highlights 4
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© Fifth Third Bancorp | All Rights Reserved $1.39 $1.43 $1.44 $1.44 $1.50 $1.40 $1.43 $1.44 $1.44 $1.50 2.89% 2.90% 2.97% 3.03% 3.12% NII Adjusted NII Adjusted NIM 2Q24 3Q24 4Q24 1Q25 2Q25 NII $ in millions; NIM change in bps 1Q25 to 2Q25 adjusted NII & NIM walk Total net interest income; $ billions Net interest income1 5 For end note descriptions, see end note summary starting on page 42 NII NIM 1Q25 $1,442 3.03% Net market rate impact 8 1 Loan balances / mix 11 — Securities Portfolio 2 1 Excess cash runoff — 2 Deposit / wholesale funding balances / mix 12 3 Interest Recovery 14 3 Day Count 11 (1) 2Q25 $1,500 3.12%
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© Fifth Third Bancorp | All Rights Reserved Noninterest income Total noninterest income; $ millions For end note descriptions, see end note summary starting on page 42 6 $ millions 2Q25 PQ YoY Wealth and asset management revenue $166 (3)% 4% Commercial payments revenue 152 (1)% (1)% Consumer banking revenue 147 7% 6% Capital markets fees 90 0% (3)% Commercial banking revenue 79 (1)% (12)% Mortgage banking net revenue 56 (2)% 12% Other noninterest (loss) income 44 214% 529% Securities (losses) gains, net 16 NM 433% Noninterest income $750 8% 8% Impact of certain items (15) Adjusted noninterest income (excl. securities gains/losses, net)1,2 $735 2% 3% Year-over-year • Wealth and asset management revenue up 4% due to AUM growth • Consumer banking revenue up 6% driven by higher deposit fees and card and processing revenue Quarter-over-quarter • Wealth and asset management revenue down 3% due to seasonal tax related revenue in the prior quarter $695 $711 $732 $694 $750$717 $748 $791 $721 $735 Noninterest income Adjusted noninterest income (excl. securities gains/losses, net)¹² 2Q24 3Q24 4Q24 1Q25 2Q25
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© Fifth Third Bancorp | All Rights Reserved $1,221 $1,244 $1,226 $1,304 $1,264 $1,204* $1,225* $1,218* $1,304* $1,249* 56.8% 56.1% 54.7% 60.5% 55.5% Adjusted noninterest expense¹*Noninterest expense Adjusted Efficiency Ratio¹ 2Q24 3Q24 4Q24 1Q25 2Q25 Total noninterest expense; $ millions Noninterest expense 7 $ in millions 2Q25 1Q25 2Q24 Non-qualified deferred compensation expense/ (benefit), primarily offset in securities gains/losses $16 ($4) $3 For end note descriptions, see end note summary starting on page 42 $ millions 2Q25 PQ YoY Compensation and benefits $698 (7)% 6% Technology and communications 126 2% 11% Net occupancy expense 83 (5)% —% Equipment expense 41 (2)% 8% Loan and lease expense 36 20% 9% Card and processing expense 22 5% 5% Marketing expense 43 54% 26% Other noninterest expense 215 (4)% (11)% Total noninterest expense $1,264 (3)% 4% Impact of certain items $(15) Adjusted noninterest expense¹* $1,249 (4)% 4% Year-over-year • Adjusted noninterest expense1 up 4% compared with 2Q24 due to additions in sales force and investments in technology • Adjusted efficiency ratio1 of 55.5%, improved 130 bps compared to 2Q24 Quarter-over-quarter • Adjusted noninterest expense1 down 4% sequentially due to seasonal decrease in compensation and benefits
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© Fifth Third Bancorp | All Rights Reserved Solar energy installation Average loans $116.9 $116.8 $117.9 $121.3 $123.1 $72.2 $71.8 $72.0 $74.7 $75.4 $44.7 $45.1 $45.9 $46.6 $47.7 6.43% 6.48% 6.18% 6.06% 6.11% Commercial Consumer Total loan yield 2Q24 3Q24 4Q24 1Q25 2Q25 $116.6 $116.7 $119.8 $122.2 $122.4 $71.8 $71.1 $73.3 $75.1 $74.2 $44.8 $45.5 $46.5 $47.1 $48.2 Commercial Consumer 2Q24 3Q24 4Q24 1Q25 2Q25 Loans Loan portfolio compositionAverage loan & lease balances $ in billions; loan & lease balances excluding HFS Period-end loan & lease balances $ in billions; loan & lease balances excluding HFS 8 Note: totals shown above may not foot due to rounding 44% 15% 3% 14% 14% 4%3%3% Commercial and industrial Commercial real estate Commercial leases Residential mortgage Home equity Indirect secured consumer Credit card and other % of Total Loans Commercial: 61% Consumer: 39%
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© Fifth Third Bancorp | All Rights Reserved 5.50% 5.00% 4.50% 4.50% 4.50% 2.31% 2.30% 2.04% 1.84% 1.80% Fed Funds Rate Total Cost of Deposits 2Q24 3Q24 4Q24 1Q25 2Q25 Total cost of deposits Total Deposit MixAverage deposit balances $167.2 $167.2 $167.2 $164.2 $163.6 $162.4 $163.7 $164.7 $161.8 $161.4 3.04% 3.03% 2.68% 2.42% 2.39% Core Deposits CDs > $250K Total interest-bearing deposit costs 2Q24 3Q24 4Q24 1Q25 2Q25 $ in billions Demand, 25% Interest checking, 35% Money Market and Savings, 32% Time Deposits, 8% $ in billions $164B Average Deposits $162.4 $163.7 $164.7 $161.8 $161.4 $122.2 $123.7 $124.6 $122.0 $120.5 $40.3 $40.0 $40.1 $39.8 $40.9 24.8% 24.4% 24.3% 24.6% 25.3% Interest-Bearing $ Non Interest-Bearing $Non Interest-Bearing % 2Q24 3Q24 4Q24 1Q25 2Q25 Non Interest-Bearing to Core Deposit Trend (Average) $ in billions Deposits 9 Note: Totals shown above may not foot due to rounding
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© Fifth Third Bancorp | All Rights Reserved Net charge-offs (NCOs) $144 $142 $136 $136 $139 2Q24 3Q24 4Q24 1Q25 2Q25 Credit quality overview 10 2Q24 3Q24 4Q24 1Q25 2Q25 NPL ratio 0.52% 0.59% 0.69% 0.79% 0.70% NPA ratio1 0.55% 0.62% 0.71% 0.81% 0.72% 30-89 days past due as a % of portfolio loans and leases 0.26% 0.24% 0.25% 0.31% 0.23% NCO ratio 0.49% 0.48% 0.46% 0.46% 0.45% ACL ratio as a % of portfolio loans and leases 2.08% 2.09% 2.08% 2.07% 2.09% Nonperforming loans (NPLs) $606 $686 $823 $966 $853 2Q24 3Q24 4Q24 1Q25 2Q25 Portfolio loans & leases 30-89 days past due $302 $283 $303 $385 $277 2Q24 3Q24 4Q24 1Q25 2Q25 $ in millions For end note descriptions, see end note summary starting on page 42
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© Fifth Third Bancorp | All Rights Reserved 2Q152Q162Q172Q182Q192Q202Q212Q222Q232Q242Q25 0.00% 0.50% 1.00% Historical net charge-off and NPA ratios Net charge-off ratio Non-performing assets ratio2 2Q152Q162Q172Q182Q192Q202Q212Q222Q232Q242Q25 0.00% 0.50% 1.00% Commercial net charge-off ratio 2Q15 2Q16 2Q172Q182Q192Q202Q212Q222Q232Q242Q25 0.00% 0.50% 1.00% 2Q15 2Q16 2Q172Q182Q192Q202Q212Q222Q232Q242Q25 0.00% 0.25% 0.50% 0.75% 1.00%Consumer net charge-off ratio 2Q25 0.38% 2Q25 0.45% 2Q25 0.72% 2Q25 0.56% 10-year average excluding COVID1 10-year average excluding COVID1 10-year average excluding COVID1 10-year average excluding COVID1 For end note descriptions, see end note summary starting on page 42 11
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© Fifth Third Bancorp | All Rights Reserved 10.43% ~35 bps (~9 bps) ~0 bps (~15 bps) ~2 bps 10.56% 1Q25 Net income to common RWA Share repurchases Common dividends Other 2Q25 12 Strong liquidity and capital position Liquidity position $ in billions Capital position Common equity tier 1 ratio1 • Maintained full Category 1 LCR compliance during the quarter, ending at 120% • Loan-to-core deposit ratio of 76% • 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 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Liquidity Sources 3/31/25 6/30/25 Fed reserves $14 $12 Unpledged investment securities $22 $22 Available FHLB borrowing capacity $8 $10 Current Fed discount window availability $61 $61 Total $105 $106
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© Fifth Third Bancorp | All Rights Reserved As of July 17, 2025; please see cautionary statements on page 2. Current expectations FY 2025 compared to FY 2024 13 For end note descriptions, see end note summary starting on page 42 Avg. loans & leases (Including HFS) up ~5% Net interest income1 (FY24 baseline: $5.658 billion) up 5.5 - 6.5% assumes 12/31/25 Fed funds rate of 3.75% Noninterest income1 (FY24 baseline: $2.973 billion; excludes securities g/l) up 1 - 2% Noninterest expense1 (FY24 baseline: $4.936 billion; excludes the mark-to-market impact of non-qualified deferred compensation) up 2 - 2.5% Net charge-off ratio 43 - 47 bps Effective tax rate 22 - 23%
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© Fifth Third Bancorp | All Rights Reserved As of July 17, 2025; please see cautionary statements on page 2. Current expectations 3Q25 compared to 2Q25 14 For end note descriptions, see end note summary starting on page 42 Avg. loans & leases (Including HFS) stable to up 1% Net interest income1 (2Q25 baseline: $1.500 billion) up ~1% assumes 9/30/25 Fed funds rate of 4.25% Noninterest income1 (2Q25 baseline: $735 million; excludes securities g/l) up 1 - 4% Noninterest expense1 (2Q25 baseline: $1.233 billion; excludes the market-to-market impact of non-qualified deferred compensation) up ~1% Net charge-off ratio 45 - 49 bps Effective tax rate 22 - 23%
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© Fifth Third Bancorp | All Rights Reserved 15 Appendix
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© Fifth Third Bancorp | All Rights Reserved Consumer and Business Banking Digital Metrics Average Active Digital Users (Millions) 3.07 3.09 3.09 3.14 3.17 2Q24 3Q24 4Q24 1Q25 2Q25 Digital Engagement Digital Originations Average Active Mobile Users (Millions) 2.32 2.35 2.37 2.40 2.43 2Q24 3Q24 4Q24 1Q25 2Q25 Digital Assisted Mortgage Applications 98% 98% 97% 98% 97% 2Q24 3Q24 4Q24 1Q25 2Q25 New Consumer Deposit Accounts 22% 23% 28% 27% 28% 2Q24 3Q24 4Q24 1Q25 2Q25 Consumer Satisfaction #1 for banking mobile app user satisfaction among regional banks Average app store rating of 4.8 stars vs peer average of 4.6 stars 16 For end note descriptions, see end note summary starting on page 42 1 2
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© Fifth Third Bancorp | All Rights Reserved 22% 21% 19% 14% 12% 7% 5% Strategic investments resulting in fee diversification and growth • Total adjusted fee revenue1 accounted for ~34% of total adjusted revenue for the last twelve months ending 6/30/25 • Focused on diversifying revenue to lessen cyclical impacts, with success in Wealth & Asset Management, Capital Markets and Commercial Payments 17 Fee revenue mix is well-diversified LTM 2Q25 adjusted noninterest income mix1,2 Wealth & Asset Management Capital Markets Mortgage Banking Other Noninterest Income Consumer Banking Commercial Banking Commercial Payments Fee contribution as a percent of revenue stands out favorably relative to peers LTM 2Q25 adjusted noninterest income as a percent of adjusted revenue2, unless otherwise noted LTM 2Q25 adjusted noninterest income $2.99B 34% 28% LTM 1Q25 Peer Median For end note descriptions, see end note summary starting on page 42
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© Fifth Third Bancorp | All Rights Reserved $72.2 $71.8 $72.0 $74.7 $75.4$71.8 $71.1 $73.3 $75.1 $74.2 Average Period-end 2Q24 3Q24 4Q24 1Q25 2Q25 2Q24 1Q25 2Q25 NCO ratio1 0.45% 0.35% 0.38% 30-89 delinquencies 0.09% 0.21% 0.06% 90+ delinquencies 0.01% 0.01% 0.01% Nonperforming loans2 0.38% 0.83% 0.69% Portfolio loans and leases $ in billions Key statistics Total commercial portfolio overview Average QoQ change (0.8%) (0.6%) 0.3% 3.8% 1.0% Period-end QoQ change (0.2%) (0.9%) 3.0% 2.5% (1.3%) Commercial portfolio mix 72% 16% 7% 4% C&I Commercial mortgage Commercial construction Commercial leases For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding 18
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© Fifth Third Bancorp | All Rights Reserved $52.4 $51.6 $51.6 $53.4 $54.1$51.8 $50.9 $52.3 $53.7 $53.3 Average Period-end 2Q24 3Q24 4Q24 1Q25 2Q25 19 Key statistics Revolving line utilization trend3 Commercial and industrial overview 36.9% 35.3%35.6%35.3%35.5%36.1% 35.5%36.2%37.0%36.5% 1Q23 2Q233Q234Q231Q24 2Q243Q244Q241Q25 2Q25 Portfolio loans $ in billions Average QoQ change (1.6%) (1.4%) (0.1%) 3.6% 1.3% Period-end QoQ change (0.7%) (1.8%) 2.7% 2.7% (0.7%) For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding 2Q24 1Q25 2Q25 NCO ratio1 0.61% 0.39% 0.51% 30-89 delinquencies 0.03% 0.23% 0.05% 90+ delinquencies 0.01% 0.00% 0.01% Nonperforming loans2 0.45% 1.00% 0.86%
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© Fifth Third Bancorp | All Rights Reserved • Reduced balances 9% compared to 2Q23 • ~60% of SNC balances are at or near investment grade equivalent borrowers; independently underwrite each transaction • Lead left/lead right on ~50% of relationships • Criticized assets are lower than the rest of the commercial portfolio over a multi-year period 20 High quality Shared National Credit portfolio $ in billions; as of 6/30/25 SNC portfolio $32.5BN ~26% of total loans Shared National Credit portfolio is well diversified Retail 19% Financial Services 15% Rental and Leasing 15%TMT 9% Wholesale Trade 8% Manufacturing 7% Business Services 7% Other 20% Industry mix Key statistics 2Q24 1Q25 2Q25 Loan balance $31.9 $32.7 $32.5 Nonperforming loans2 0.17% 0.86% 0.85% NCO Ratio1 0.92% 0.27% 0.34% For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding
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© Fifth Third Bancorp | All Rights Reserved 21 Low concentration in leveraged lending Note: Totals shown above may not foot due to rounding Total Loan Portfolio Composition Leveraged 2.2% Accommodation & Food ServicesInformation Arts, Entertainment, and Recreation Wholesale Trade Manufacturing Professional, Scientific, and Technical Services Healthcare & Other Social Assistance Finance & Insurance Retail Trade Admin, Support & Other Services Other Diversified Leveraged Portfolio Total Loans $123.0 Billion $2.6 Billion • Significant reduction in leveraged lending portfolio as a percent of total loans – Represents ~2% of loans vs ~8% in 2015 • Leveraged criticized asset rate declined 36% compared to 2Q24 as of 6/30/25 as of 6/30/25
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© Fifth Third Bancorp | All Rights Reserved Portfolio loans 41% 21% 17% 8% 5%4%3% 51%49% Commercial real estate overview CRE mortgage Balance by occupancy CRE construction Balance by property type Multifamily Other RetailOffice Hospitality Industrial Home builder Non-Owner occupied Owner occupied Multifamily 21% Retail 20% Hospitality 20% Office 14% Medical Office 13% Industrial 7% Non-owner occupied property type mix $17.3 $17.5 $17.5 $18.2 $18.2$17.2 $17.3 $17.8 $18.3 $17.7 $5.9 $6.0 $5.7 $5.8 $5.8 $11.4 $11.5 $11.8 $12.4 $12.4 $5.8 $5.9 $5.6 $6.0 $5.6 $11.4 $11.4 $12.2 $12.4 $12.1 2Q24 3Q24 4Q24 1Q25 2Q25 22 Other 5% For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Period-end QoQ change 0.6% 0.6% 2.8% 2.7% (3.5%) $ in billions Average QoQ change 1.2% 1.2% 0.1% 3.8% 0.3% 2Q24 1Q25 2Q25 NCO ratio1 0.01% 0.23% 0.07% 30-89 delinquencies 0.18% 0.03% 0.03% 90+ delinquencies 0.01% 0.03% 0.02% Nonperforming loans2 0.23% 0.38% 0.27% Key statistics Period-end - Commercial mortgageAverage - Commercial mortgage Period-end - Commercial constructionAverage - Commercial construction
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© Fifth Third Bancorp | All Rights Reserved Period-end QoQ change 0.5% 1.7% 2.1% 1.2% 2.5% $44.7 $45.1 $45.9 $46.6 $47.7$44.8 $45.5 $46.5 $47.1 $48.2 2Q24 3Q24 4Q24 1Q25 2Q25 16% 16% 66% 2Q24 1Q25 2Q25 NCO ratio1 0.57% 0.63% 0.56% 30-89 delinquencies 0.52% 0.48% 0.47% 90+ delinquencies 0.06% 0.05% 0.05% Nonperforming loans2 0.74% 0.73% 0.72% Weighted average FICO at origination3 766 767 768 Weighted average LTV at origination 79% 79% 79% Total consumer portfolio overview 23 Portfolio FICO score at origination3 $ in billions Portfolio loans 2% For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Average QoQ change 0.3% 0.8% 1.9% 1.5% 2.3% Key statistics 750+720-749<660 660-719 Period-endAverage
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© Fifth Third Bancorp | All Rights Reserved Period-end QoQ change 0.3% 0.7% 2.2% 0.2% 0.6% Average QoQ change 0.2% 0.2% 1.7% 1.3% 0.4% 12% 15% 69% Weighted average FICO at origination3 764 764 764 Weighted average LTV at origination 73% 74% 74% Residential mortgage overview 24 $17.0 $17.0 $17.3 $17.6 $17.6$17.0 $17.2 $17.5 $17.6 $17.7 2Q24 3Q24 4Q24 1Q25 2Q25 3% For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding $ in billions Portfolio loans 2Q24 1Q25 2Q25 NCO ratio1 (0.01%) 0.00% (0.01%) 30-89 delinquencies 0.15% 0.15% 0.17% 90+ delinquencies 0.05% 0.05% 0.05% Nonperforming Loans2 0.76% 0.82% 0.81% Key statistics 750+720-749<660 660-719 Portfolio FICO score at origination3 Period-endAverage
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© Fifth Third Bancorp | All Rights Reserved 18% 16% 65% $3.9 $4.0 $4.1 $4.2 $4.4 $4.0 $4.1 $4.2 $4.3 $4.5 2Q24 3Q24 4Q24 1Q25 2Q25 Weighted average FICO at origination3 768 769 770 Weighted average LTV at origination 67% 66% 65% Home equity overview 25 1% For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Period-end QoQ change 2.2% 2.6% 2.8% 1.8% 5.2% Average QoQ change (0.1%) 2.3% 2.7% 2.4% 3.8% $ in billions Portfolio loans Period-endAverage 750+720-749<660 660-719 Portfolio FICO score at origination3 2Q24 1Q25 2Q25 NCO ratio1 (0.05%) 0.04% 0.02% 30-89 delinquencies 0.66% 0.63% 0.54% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 1.54% 1.62% 1.67% Key statistics
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© Fifth Third Bancorp | All Rights Reserved 83% 17% 18% 17% 65% Indirect secured consumer overview 26 Portfolio FICO score at origination *Includes primarily RV & Marine $15.4 $15.7 $16.1 $16.5 $17.2 $15.4 $15.9 $16.3 $16.8 $17.6 2Q24 3Q24 4Q24 1Q25 2Q25 1% Weighted average FICO at origination 770 772 773 Weighted average LTV at origination 88% 88% 88% For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Period-end QoQ change 0.9% 3.2% 2.3% 3.0% 4.7% Average QoQ change 1.3% 2.0% 2.7% 2.3% 4.7% $ in billions Portfolio loans Period-endAverage 2Q24 1Q25 2Q25 NCO ratio1 0.46% 0.53% 0.37% 30-89 delinquencies 0.83% 0.68% 0.70% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 0.23% 0.36% 0.37% Key statistics 750+720-749<660 660-719 Portfolio FICO score at origination Auto Specialty Lending*
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© Fifth Third Bancorp | All Rights Reserved 27% 20% 49% Credit card overview 27 $1.7 $1.7 $1.7 $1.6 $1.7$1.7 $1.7 $1.7 $1.7 $1.7 2Q24 3Q24 4Q24 1Q25 2Q25 Weighted average FICO at origination3 743 743 743 5% Period-end QoQ change (0.2%) (1.7%) 1.8% (4.3%) 2.8% Average QoQ change (2.5%) (1.2%) (2.3%) (2.5%) 2.0% $ in billions Portfolio loans For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Period-endAverage 2Q24 1Q25 2Q25 NCO ratio1 3.98% 4.19% 3.74% 30-89 delinquencies 1.10% 1.02% 1.00% 90+ delinquencies 0.98% 1.02% 1.05% Nonperforming loans2 1.79% 1.87% 1.70% Key statistics Portfolio FICO score at origination3 750+720-749<660 660-719
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© Fifth Third Bancorp | All Rights Reserved $3.9 $4.0 $4.1 $4.2 $4.3 $4.0 $4.1 $4.2 $4.3 $4.3 2Q24 3Q24 4Q24 1Q25 2Q25 15% 20% 66% Weighted average FICO at origination 772 772 773 Solar energy installation overview 28 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Period-end QoQ change 2.1% 3.2% 3.0% 1.4% 1.3% Average QoQ change 3.2% 1.9% 3.7% 2.0% 1.1% $ in billions Portfolio loans 2Q24 1Q25 2Q25 NCO ratio1 1.25% 1.73% 1.86% 30-89 delinquencies 0.33% 0.52% 0.39% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 1.67% 0.70% 0.60% Key statistics Period-endAverage Portfolio FICO score at origination 750+720-749660-719
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© Fifth Third Bancorp | All Rights Reserved Allowance for credit losses 29 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Allowance for loan & lease losses Amount % of portfolio loans & leases 1Q25 2Q24 Commercial and industrial loans $902 1.69% 0.12% 0.30% Commercial mortgage loans 323 2.67% 0.06% (0.05%) Commercial construction loans 52 0.94% (0.02%) (0.21%) Commercial leases 16 0.50% (0.01)% (0.02) Total commercial loans and leases $1,293 1.74% 0.09% 0.19% Residential mortgage loans 134 0.76% (0.03) (0.04%) Home equity 93 2.07% (0.13%) (0.60%) Indirect secured consumer loans 317 1.80% (0.06)% (0.03%) Credit card 154 9.02% (0.44%) (2.12%) Solar energy installation loans 307 7.11% (0.47%) (1.07%) Other consumer loans 114 4.63% (0.12%) (0.41%) Total consumer loans 1,119 2.32% (0.11%) (0.30%) Allowance for loan & lease losses 2,412 1.97% 0.02% 0.01% Reserve for unfunded commitments1 146 Allowance for credit losses $2,557 2.09% 0.02% 0.01% Compared to: Allocation of allowance by product $ in millions 2Q25 Change in rate
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© Fifth Third Bancorp | All Rights Reserved NPL1 rollforward 30 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding 2Q24 3Q24 4Q24 1Q25 2Q25 Balance, beginning of period $372 $274 $334 $456 $623 Transfers to nonaccrual status 51 191 240 273 63 Transfers to accrual status — — (1) (3) (1) Transfers to held for sale — (5) (5) (17) (24) Loan paydowns/payoffs (66) (47) (49) (19) (70) Transfer to OREO — — — — — Charge-offs (83) (80) (63) (67) (90) Draws/other extensions of credit — 1 — — 7 Balance, end of period $274 $334 $456 $623 $508 2Q24 3Q24 4Q24 1Q25 2Q25 Balance, beginning of period $336 $332 $352 $367 $343 Transfers to nonaccrual status 94 104 101 109 95 Transfers to accrual status (26) (14) (13) (48) (26) Transfers to held for sale — — — — — Loan paydowns/payoffs (23) (25) (25) (30) (27) Transfer to OREO (4) (7) (7) (5) (5) Charge-offs (46) (40) (43) (52) (37) Draws/other extensions of credit 1 2 2 2 2 Balance, end of period $332 $352 $367 $343 $345 Commercial $ in millions Consumer $ in millions Total NPL $606 $686 $823 $966 $853 Total new nonaccrual loans - HFI 145 295 341 382 158 Total NPL $ in millions
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© Fifth Third Bancorp | All Rights Reserved Balance sheet positioning 31 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding C&I 35% Fix | 65% Variable Coml. mortgage 40% Fix | 60% Variable Coml. construction 30% Fix | 70% Variable Coml. lease 100% Fix | 0% Variable 32% 54% 14% 72% 16% 8% 4% • 54% allocation to bullet/locked- out cash flow securities • AFS & HTM spot yield: 3.19% • AFS net unrealized pre-tax loss: $3.5BN $28.5BN fixed | $45.7BN variable1,2 Commercial loans1,2 Investment portfolioConsumer loans1 Long-term debt3 $41.5BN fixed | $6.7BN variable1 $9.3BN fixed | $5.2BN variable3 • 1M based: 37%4,7 • 3M based: 7%4,7 • Prime & O/N based: 17%4,7 • Other based: 1%4,6,7 • Weighted avg. life: 1.7 years1 • 1M based: 1%5,7 • Prime: 12%5 • Other based: 1%5,7,8 • Weighted avg. life: 3.8 years1 • SOFR based: 36% • Weighted avg. life: 4.4 years Includes $3.6BN non-agency CMBS (All super-senior, AAA-rated securities; 58.5% WA LTV, ~35% WA credit enhancement) 36% 37% 9% 14% 4% 70%12% 5% 13% The information above incorporates the impact of $11BN in C&I receive-fixed swaps, $4BN in CRE receive-fixed swaps2, and ~$5BN fair value hedges associated with long-term debt (receive-fixed swaps) Auto/indirect 100% Fix | 0% Variable Resi mtg. & construction 96% Fix | 4% Variable Home equity 12% Fix | 88% Variable Other 84% Fix | 16% Variable Credit card 38% Fix | 62% Variable Level 1 80% Fix | 20% Variable Level 2A 100% Fix | 0% Variable Non-HQLA/ Other 91% Fix | 9% Variable Senior debt 57% Fix | 43% Variable Sub debt 59% Fix | 41% Variable Auto securiz. proceeds 100% Fix | 0% Variable Other 97% Fix | 3% Variable
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© Fifth Third Bancorp | All Rights Reserved Managing rate risk against conservative outcomes 32 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Estimated NII sensitivity profile and ALCO policy limits Estimated NII beta sensitivity Rate risk models assume approximately 75-80% effective up betas and 60-65% down betas in our baseline NII sensitivity used in IRR simulations1,2 • Models are calibrated to performance in prior rate cycles • Additionally, rate risk measures assume no deposit re-pricing lags As of June 30, 2025: • 43% of HFI loans were variable rate net of existing hedges (62% of total commercial; 14% of total consumer) • Short-term borrowings represent only 1% of total funding • Approximately $10.8BN in non-core funding matures beyond one year % Change NII (FTE) ALCO policy limit Change in interest rates (bps) 12 months 13 to 24 months 12 months 13 to 24 months +200 Ramp over 12 months (3.5%) (4.5%) (6.0%) (7.0%) +100 Ramp over 12 months (1.7%) (2.0%) NA NA -100 Ramp over 12 months 0.9% 0.6% NA NA -200 Ramp over 12 months 1.3% (0.2%) (6.0%) (7.0%) 5% Higher Beta 5% Lower Beta Change in interest rates (bps) 12 months 13 to 24 months 12 months 13 to 24 months +200 Ramp over 12 months (4.2%) (5.7%) (2.6%) (2.8%) +100 Ramp over 12 months (2.1%) (2.7%) (1.3%) (1.2%) -100 Ramp over 12 months 1.2% 1.2% 0.5% —% -200 Ramp over 12 months 1.9% 0.9% 0.6% (1.4%) Estimated NII sensitivity with demand deposit balance changes % Change in NII (FTE) $1BN balance decline $1BN balance increase Change in interest rates (bps) 12 months 13 to 24 months 12 months 13 to 24 months +200 Ramp over 12 months (4.4%) (5.5%) (2.6%) (3.5%) +100 Ramp over 12 months (2.5%) (2.9%) (0.9%) (1.2%) -100 Ramp over 12 months 0.3% 0.1% 1.5% 1.2% -200 Ramp over 12 months 0.7% (0.6%) 1.8% 0.2%
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© Fifth Third Bancorp | All Rights Reserved 33 Investment portfolio composition Investment portfolio characteristics Held-to-maturity portfolio • $11.6BN 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 • $41.7BN portfolio • $3.6BN Non-agency CMBS portfolio – All positions are super-senior AAA rated with WA credit enhancement of 35% – 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 22% AFS 78% AFS and HTM portfolio; amortized cost basis; as of 6/30/25 Amortized cost basis; as of 6/30/25 Securities mix Agency CMBS Agency RMBS Non- agency CMBS Treasuries Other Effective duration HTM 34% 45% — 21% — 5.3 AFS 56% 18% 9% 8% 9% 3.9 Total 51% 24% 7% 11% 7% 4.2 Securities portfolio Securities portfolio $53BN ~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 Note: Totals shown above may not foot due to rounding
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© Fifth Third Bancorp | All Rights Reserved 10-year treasury yield ($5.8) ($4.2) ($3.2) ($4.0) ($3.5) ($3.3) 9/30/23 6/30/24 9/30/24 12/31/24 3/31/25 6/30/25 Projected AOCI accretion ($2.9) ($2.6) ($2.2) ($1.9) ($1.6) 12/31/25E 12/31/26E 12/31/27E 12/31/28E 12/31/29E Securities portfolio AOCI accretion 34 $ in billions; 6/30/25 AFS and HTM portfolio unrealized loss, after-tax ~42% capital accretion ~21% capital accretion Historical AOCI accretion ~44% capital accretion since 3Q23 AOCI accretion1 assuming implied forward curve2 4.2%4.4% 3.8% 4.6% 4.2% For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding 4.6%
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© Fifth Third Bancorp | All Rights Reserved $14.83 $17.64 $18.69 $20.98 $21.47 $22.02 $22.52 $23.04 3.88% 3.88% 4.58% 4.24% 4.3% 4.5% 4.7% 4.9% TBV/S AOCI accretion 10-year treasury yield 12/31/2022 12/31/2023 12/31/2024 6/30/2025 12/31/2025 12/31/2026 12/31/2027 12/31/2028 Balance sheet positioned to grow tangible book value per share 35 TBV/share1 will improve due to AOCI accretion alone Projected TBV/share growth includes no earnings contribution from 2025-20282 For end note descriptions, see end note summary starting on page 42 Actuals Forecast +19% +6% +12% +3% +2% +2% Projected growth from AOCI burndown alone1 +2%
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© Fifth Third Bancorp | All Rights Reserved 3.17% $15 $14 $10 $9 $8 $5 2Q25 1Q30 4Q30 2Q31 3Q31 4Q31 Cash flow hedges Receive-fixed swaps1 EOP notional value of cash flow hedges ($ in billions) Actual 36 Existing receive-fixed swaps2 Weighted average receive fixed rate 3.27%3.19% 3.29% 3.32% 3.44%3 For end note descriptions, see end note summary starting on page 42
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© Fifth Third Bancorp | All Rights Reserved $18 $18 $17 $14 $19 $78 $77 $75 $74 $73 ($6) ($4) $3 $3 $5 ($40) ($41) ($38) ($34) ($41) $50 $50 $57 $57 $56 Origination fees and gains on loan sale Gross servicing fees Net MSR Valuation MSR decay 2Q24 3Q24 4Q24 1Q25 2Q25 Mortgage banking results $ in millions Mortgage banking net revenue Mortgage originations and margins $ in billions Rate lock margin represents gains recorded associated with salable rate locks divided by salable rate locks. Gain-on-sale margin represents gains on all loans originated for sale divided by salable originations. 37 $1.6 $1.9 $1.9 $1.4 $2.0 $1.0 $1.3 $1.2 $0.9 $1.3 $0.6 $0.6 $0.6 $0.5 $0.7Originations HFI Originations HFS 2Q24 3Q24 4Q24 1Q25 2Q25 Note: Totals shown above may not foot due to rounding Rate lock margin 1.30% 1.11% 0.98% 1.46% 1.23% Gain-on-sale margin 1.48% 1.00% 1.00% 1.31% 1.17% Mortgage banking net revenue $50 $50 $57 $57 $56
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© Fifth Third Bancorp | All Rights Reserved Preferred dividend schedule 3Q25 4Q25 1Q26 2Q26 Series H ~$12 ~$11 ~$10 ~$10 Series I ~$9 ~$9 ~$9 ~$9 Series J ~$6 ~$6 ~$5 ~$5 Series K ~$3 ~$3 ~$3 ~$3 Series L3 ~$4 ~$7 ~$7 ~$7 Class B Series A ~$3 ~$3 ~$3 ~$3 Total ~$37 ~$39 ~$37 ~$37 Upcoming preferred dividend schedule1 $ in millions 38 Floating2 Floating2 Floating2 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding
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© Fifth Third Bancorp | All Rights Reserved 2Q25 reported EPS of $0.88 included a negative $0.02 impact from the following notable item(s): • $15 million pre-tax (~$11 million after-tax2) charge related to severance expense • $1 million pre-tax (~$1 million after-tax2) charge related to the valuation of the Visa total return swap 2Q25 adjustments and notable items Adjusted EPS of $0.901 39 For end note descriptions, see end note summary starting on page 42
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© Fifth Third Bancorp | All Rights Reserved Fifth Third Bancorp and Subsidiaries For the three months ended $ and shares in millions (unaudited) June March December September June 2025 2025 2024 2024 2024 Net income (U.S. GAAP) (a) $628 $515 $620 $573 $601 Net income (U.S. GAAP) (annualized) (b) $2,519 $2,089 $2,467 $2,280 $2,417 Net income available to common shareholders (U.S. GAAP) (c) $591 $478 $582 $532 $561 Add: Intangible amortization, net of tax 5 6 7 7 7 Tangible net income available to common shareholders (d) $596 $484 $589 $539 $568 Tangible net income available to common shareholders (annualized) (e) $2,391 $1,963 $2,343 $2,144 $2,284 Net income available to common shareholders (annualized) (f) $2,371 $1,939 $2,315 $2,116 $2,256 Average Bancorp shareholders' equity (U.S. GAAP) (g) $20,670 $20,000 $19,893 $20,251 $18,707 Less: Average preferred stock (h) (2,116) (2,116) (2,116) (2,116) (2,116) Average goodwill (4,918) (4,918) (4,918) (4,918) (4,918) Average intangible assets and other servicing rights (79) (86) (94) (103) (111) Average tangible common equity (i) $13,557 $12,880 $12,765 $13,114 $11,562 Less: Average accumulated other comprehensive income ("AOCI") 3,935 4,362 4,292 3,914 5,278 Average tangible common equity, excluding AOCI (j) $17,492 $17,242 $17,057 $17,028 $16,840 Adjustments (pre-tax items) Valuation of Visa total return swap 1 18 51 47 23 Interchange litigation matters — — 4 10 — Severance expense 15 — — 9 — Legal settlements and remediations — — — — 18 FDIC special assessment — — (11) — 6 Fifth Third Foundation contribution — — 15 — — Adjustments - after-tax1,2 (k) $12 $14 $46 $51 $37 Adjustments (tax related items) Benefit related to the resolution of certain state income tax matters — — (15) — — Adjustments (tax related items) (l) — — (15) — — Adjusted net income [(a) + (k)+ (l)] $640 $529 $650 $624 $638 Adjusted net income (annualized) (m) $2,567 $2,145 $2,586 $2,482 $2,566 Adjusted net income available to common shareholders [(c) + (k) + (l)] $603 $492 $613 $583 $598 Adjusted net income available to common shareholders (annualized) (n) $2,419 $1,995 $2,439 $2,319 $2,405 Adjusted tangible net income available to common shareholders [(d) + (k) + (l)] 608 $498 $620 $590 $605 Adjusted tangible net income available to common shareholders (annualized) (o) $2,439 $2,020 $2,466 $2,347 $2,433 Average assets (p) $210,554 $210,558 $211,709 $213,838 $212,475 Metrics: Return on assets (b) / (p) 1.20% 0.99% 1.17% 1.06% 1.14% Adjusted return on assets (m) / (p) 1.22% 1.02% 1.22% 1.16% 1.21% Return on average common equity (f) / [(g) + (h)] 12.8% 10.8% 13.0% 11.7% 13.6% Adjusted return on average common equity (n) / [(g) + (h)] 13.0% 11.2% 13.7% 12.8% 14.5% Return on average tangible common equity (e) / (i) 17.6% 15.2% 18.4% 16.3% 19.8% Adjusted return on average tangible common equity (o) / (i) 18.0% 15.7% 19.3% 17.9% 21.0% Adjusted return on average tangible common equity, excluding AOCI (o) / (j) 13.9% 11.7% 14.5% 13.8% 14.4% 40 Non-GAAP reconciliation For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding
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© Fifth Third Bancorp | All Rights Reserved Non-GAAP reconciliation 41 Fifth Third Bancorp and Subsidiaries For three months ended $ and shares in millions (unaudited) June March December September June 2025 2025 2024 2024 2024 Average interest-earning assets (a) $192,682 $192,808 $193,513 $195,836 $194,499 Net interest income (U.S. GAAP) (b) $1,495 $1,437 $1,437 $1,421 $1,387 Add: Taxable equivalent adjustment 5 5 6 6 6 Net interest income (FTE) (c) $1,500 $1,442 $1,443 $1,427 $1,393 Legal settlements and remediations — — — — 5 Adjusted net interest income (FTE) (d) $1,500 $1,442 $1,443 $1,427 $1,398 Net interest income (FTE) (annualized) (e) $6,016 $5,848 $5,741 $5,677 $5,603 Adjusted net interest income (FTE) (annualized) (f) $6,016 $5,848 $5,741 $5,677 $5,623 Noninterest income (U.S. GAAP) (g) $750 $694 $732 $711 $695 Valuation of Visa total return swap 1 18 51 47 23 Legal settlements and remediations — — — — 2 Adjusted noninterest income (h) $751 $712 $783 $758 $720 Add: Securities (gains)/losses (16) 9 8 (10) (3) Adjusted noninterest income, (excl. securities (gains)/losses) $735 $721 $791 $748 $717 Noninterest expense (U.S. GAAP) (i) $1,264 $1,304 $1,226 $1,244 $1,221 Interchange litigation matters — — (4) (10) — Severance expense (15) — — (9) — Legal settlements and remediations — — — — (11) FDIC Special Assessment — — 11 — (6) Fifth Third Foundation contribution — — (15) — — Adjusted noninterest expense (j) $1,249 $1,304 $1,218 $1,225 $1,204 Metrics: Revenue (FTE) (c) + (g) 2,250 2,136 2,175 2,138 2,088 Adjusted revenue (d) + (h) 2,251 2,154 2,226 2,185 2,118 Pre-provision net revenue [(c) + (g) - (i)] 986 832 949 894 867 Adjusted pre-provision net revenue [(d) + (h) - (j)] 1,002 850 1,008 960 914 Net interest margin (FTE) (e) / (a) 3.12% 3.03% 2.97% 2.90% 2.88% Adjusted net interest margin (FTE) (f) / (a) 3.12% 3.03% 2.97% 2.90% 2.89% Efficiency ratio (FTE) (i) / [(c) + (g)] 56.2% 61.0% 56.4% 58.2% 58.5% Adjusted efficiency ratio (j) / [(d) + (h)] 55.5% 60.5% 54.7% 56.1% 56.8% For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding
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© Fifth Third Bancorp | All Rights Reserved 42 Earnings presentation end notes Slide 3 end notes 1. Non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 4 end notes 1. Reported ROTCE, NIM, pre-provision net revenue, and efficiency ratio are non-GAAP measures: all adjusted figures are non-GAAP measures; see reconciliation on pages 40 and 41 of this presentation and the use of non-GAAP measures on pages 26-28 of the earnings release. 2. Current period regulatory capital ratios are estimated. 3. Non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 5 end notes 1. Results are on a fully-taxable equivalent basis; non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 6 end notes 1. Non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release 2. Includes the effects of non-qualified deferred compensation Slide 7 end notes 1. Non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 10 end notes 1. Excludes nonaccrual loans HFS. Slide 11 end notes 1. Excludes 2020, 2021, and 2022 metrics. 2. Loan balances exclude nonaccrual loans HFS Slide 12 end notes 1. Current period regulatory capital ratios are estimated. Slide 13 end notes 1. Non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 14 end notes 1. Non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 16 end notes 1. Digitally active defined as having at least one login to mobile or online banking during the quarter. 2. Mobile active defined as having at least one login to mobile banking during the quarter. Slide 17 end notes 1. Excluding securities gains/losses 2. Non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 18 end notes 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.
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© Fifth Third Bancorp | All Rights Reserved Earnings presentation end notes Slide 19 end notes 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. Slide 20 end notes 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. Slide 22 end notes 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. Slide 23 end notes 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 certain credit loans on book primarily ~15+ years. Slide 24 end notes 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. Slide 25 end notes 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. Slide 26 end notes 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. Slide 27 end notes 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 credit loans on book primarily ~15+ years. Slide 28 end notes 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. Slide 29 end notes 1. 2Q25 commercial and consumer portfolio make up ~$98M and ~$47M, respectively, of the total reserve for unfunded commitment. Slide 30 end notes 1. Loan balances exclude nonaccrual loans HFS. 43
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© Fifth Third Bancorp | All Rights Reserved 44 Earnings presentation end notes Slide 31 end notes Note: Data as of 6/30/2025. 1. Excludes HFS Loans & Leases. 2. Fifth Third had $15B of commercial variable loans classified as fixed given the impacts of $11BN in C&I receive-fix swaps and $4BN in CRE receive-fixed swaps 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, AMERIBOR, Treasuries & FX curves. 8. Includes overnight term, 3M term, 6M term, 12M term and Fed Funds. Slide 32 end notes Note: Data as of 6/30/25; actual results may vary from these simulated results due to differences between forecasted and actual balance sheet composition, timing, magnitude, and frequency of interest rate changes, as well as other changes in market conditions and management strategies. 1. Re-pricing percentage or “beta” is the estimated change in yield after the 12-month ramp scenarios are fully realized and therefore reflects year-2. 2. Betas are asymmetrical as down betas assume a floor of 0%, along with rate floors, and up betas assumes a cap of 100% Slide 34 end notes 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 26-28 of the earnings release. 2. Analysis based on 6/30/2025 portfolio utilizing the implied forward curve as of 6/30/2025 Slide 35 end notes 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 26-28 of the earnings release. 2. Analysis based on 6/30/2025 portfolio utilizing the implied forward curve as of 6/30/2025 Slide 36 end notes 1. Represents forward looking statement, please refer to page 2 of this presentation regarding forward-looking non-GAAP measures 2. Existing swaps transition from receive fixed / pay 1-month LIBOR to receive fixed / pay compound SOFR + 11.448 bps on their next post-LIBOR cessation resets 3. Reflects the weighted average receive fixed rate (swaps only) as of 6/30/25 Slide 38 end notes 1. Represents forward looking statement, please refer to page 2 of this presentation regarding forward-looking non-GAAP measures. 2. Projected dividends for the Series J, Series H, and Series I reflect 3m Term SOFR plus the applicable spread. For the periods referencing 3m Term SOFR, the projections include the 26.161bps spread adjustment pursuant to the final rule adopted by the Federal Reserve. 3. The Series L preferred shares may be redeemed on or after 9/30/2025, otherwise the dividend rate will reset from the current fixed rate of 4.50% to the then 5-year US Treasury yield + 4.215%. Slide 39 end notes 1. Average diluted common shares outstanding (thousands); 674,034; all adjusted figures are non-GAAP measures; see reconciliation on pages 40 and 41 of this presentation and the use of non-GAAP measures on pages 26-28 of the earnings release. 2. Assumes a 24% tax rate. Slide 40 end notes Note: See pages 26-28 of the earnings release for a discussion on the use of non-GAAP financial measures. 1. Assumes a 23% tax rate in 2024 and a 24% tax rate in 2025. 2. A portion of the adjustments related to legal settlements and remediations is non tax deductible. Slide 41 end notes Note: See pages 26-28 of the earnings release for a discussion on the use of non-GAAP financial measures.