XML 183 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Interest Income      
Interest and fees on loans and leases $ 3,298us-gaap_InterestAndFeeIncomeLoansAndLeases $ 3,447us-gaap_InterestAndFeeIncomeLoansAndLeases $ 3,574us-gaap_InterestAndFeeIncomeLoansAndLeases
Interest on securities 724us-gaap_InterestAndDividendIncomeSecurities 520us-gaap_InterestAndDividendIncomeSecurities 529us-gaap_InterestAndDividendIncomeSecurities
Interest on other short-term investments 8us-gaap_OtherInterestAndDividendIncome 6us-gaap_OtherInterestAndDividendIncome 4us-gaap_OtherInterestAndDividendIncome
Total interest income 4,030us-gaap_InterestAndDividendIncomeOperating 3,973us-gaap_InterestAndDividendIncomeOperating 4,107us-gaap_InterestAndDividendIncomeOperating
Interest Expense      
Interest on deposits 202us-gaap_InterestExpenseDeposits 202us-gaap_InterestExpenseDeposits 216us-gaap_InterestExpenseDeposits
Interest on other short-term borrowings 2us-gaap_InterestExpenseShortTermBorrowings 6us-gaap_InterestExpenseShortTermBorrowings 8us-gaap_InterestExpenseShortTermBorrowings
Interest on long-term debt 247us-gaap_InterestExpenseLongTermDebt 204us-gaap_InterestExpenseLongTermDebt 288us-gaap_InterestExpenseLongTermDebt
Total interest expense 451us-gaap_InterestExpense 412us-gaap_InterestExpense 512us-gaap_InterestExpense
Net Interest Income 3,579us-gaap_InterestIncomeExpenseNet 3,561us-gaap_InterestIncomeExpenseNet 3,595us-gaap_InterestIncomeExpenseNet
Provision for loan and lease losses 315us-gaap_ProvisionForLoanAndLeaseLosses 229us-gaap_ProvisionForLoanAndLeaseLosses 303us-gaap_ProvisionForLoanAndLeaseLosses
Net Interest Income After Provision for Loan and Lease Losses 3,264us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 3,332us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 3,292us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest Income:      
Service charges on deposits 560us-gaap_FeesAndCommissionsDepositorAccounts 549us-gaap_FeesAndCommissionsDepositorAccounts 522us-gaap_FeesAndCommissionsDepositorAccounts
Corporate banking revenue 430fitb_CorporateBankingRevenue 400fitb_CorporateBankingRevenue 413fitb_CorporateBankingRevenue
Investment advisory revenue 407us-gaap_InvestmentAdvisoryFees 393us-gaap_InvestmentAdvisoryFees 374us-gaap_InvestmentAdvisoryFees
Mortgage banking net revenue 310us-gaap_FeesAndCommissionsMortgageBankingAndServicing 700us-gaap_FeesAndCommissionsMortgageBankingAndServicing 845us-gaap_FeesAndCommissionsMortgageBankingAndServicing
Card and processing revenue 295fitb_CardAndProcessingRevenue 272fitb_CardAndProcessingRevenue 253fitb_CardAndProcessingRevenue
Other noninterest income 450us-gaap_NoninterestIncomeOtherOperatingIncome 879us-gaap_NoninterestIncomeOtherOperatingIncome 574us-gaap_NoninterestIncomeOtherOperatingIncome
Securities gains, net 21us-gaap_GainLossOnSaleOfSecuritiesNet 21us-gaap_GainLossOnSaleOfSecuritiesNet 15us-gaap_GainLossOnSaleOfSecuritiesNet
Securities gains, net - non-qualifying hedges on mortgage servicing rights   13us-gaap_GainLossOnSalesOfMortgageBackedSecuritiesMBS 3us-gaap_GainLossOnSalesOfMortgageBackedSecuritiesMBS
Total noninterest income 2,473us-gaap_NoninterestIncome 3,227us-gaap_NoninterestIncome 2,999us-gaap_NoninterestIncome
Noninterest Expense      
Salaries, wages and incentives 1,449us-gaap_LaborAndRelatedExpense 1,581us-gaap_LaborAndRelatedExpense 1,607us-gaap_LaborAndRelatedExpense
Employee benefits 334us-gaap_OtherLaborRelatedExpenses 357us-gaap_OtherLaborRelatedExpenses 371us-gaap_OtherLaborRelatedExpenses
Net occupancy expense 313us-gaap_OccupancyNet 307us-gaap_OccupancyNet 302us-gaap_OccupancyNet
Technology and communications 212us-gaap_CommunicationsAndInformationTechnology 204us-gaap_CommunicationsAndInformationTechnology 196us-gaap_CommunicationsAndInformationTechnology
Card and processing expense 141fitb_CardAndProcessingExpense 134fitb_CardAndProcessingExpense 121fitb_CardAndProcessingExpense
Equipment expense 121us-gaap_EquipmentExpense 114us-gaap_EquipmentExpense 110us-gaap_EquipmentExpense
Other noninterest expense 1,139us-gaap_OtherNoninterestExpense 1,264us-gaap_OtherNoninterestExpense 1,374us-gaap_OtherNoninterestExpense
Total noninterest expense 3,709us-gaap_NoninterestExpense 3,961us-gaap_NoninterestExpense 4,081us-gaap_NoninterestExpense
Income (Loss) Before Income Taxes 2,028us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 2,598us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 2,210us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Applicable income tax expense 545us-gaap_IncomeTaxExpenseBenefit 772us-gaap_IncomeTaxExpenseBenefit 636us-gaap_IncomeTaxExpenseBenefit
Net Income 1,483us-gaap_ProfitLoss 1,826us-gaap_ProfitLoss 1,574us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interests 2us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (10)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (2)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net Income attributable to Bancorp 1,481us-gaap_NetIncomeLoss 1,836us-gaap_NetIncomeLoss 1,576us-gaap_NetIncomeLoss
Dividends on preferred stock 67us-gaap_DividendsPreferredStock 37us-gaap_DividendsPreferredStock 35us-gaap_DividendsPreferredStock
Net income (loss) available to common shareholders $ 1,414us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 1,799us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 1,541us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share - basic $ 1.68us-gaap_EarningsPerShareBasic $ 2.05us-gaap_EarningsPerShareBasic $ 1.69us-gaap_EarningsPerShareBasic
Earnings per share - diluted $ 1.66us-gaap_EarningsPerShareDiluted $ 2.02us-gaap_EarningsPerShareDiluted $ 1.66us-gaap_EarningsPerShareDiluted
Average common shares outstanding - basic 833,116,349us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 869,462,977us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 904,425,226us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Average common shares outstanding - diluted 842,967,356us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 894,736,445us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 945,554,102us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared per common share $ 0.51us-gaap_CommonStockDividendsPerShareDeclared $ 0.47us-gaap_CommonStockDividendsPerShareDeclared $ 0.36us-gaap_CommonStockDividendsPerShareDeclared