FIFTH THIRD BANCORP FITB Cash Flow

Fifth third bancorp (FITB)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Operating Activities
Loss on recalculation of the timing of tax benefits on leveraged leases
-	-	-	-	-	-	84	14	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
46	734	550	453	775	456	434	602	701	495	1,013	367	305	377	516	324	326	656	380	309	361	385	341	438	319	402	421	591	412	395	363	386	430	314	382	337	265	333	238	192	-10	-98	-97	882	50
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
640	-	-	-	90	-	-	-	-	68	67	52	74	54	79	91	119	91	157	79	69	99	70	77	69	53	50	64	62	76	65	71	91	55	87	113	168	166	457	325	590	777	952	1,041	773
Depreciation, amortization and accretion
118	183	91	109	89	85	49	133	93	86	85	81	89	112	113	118	110	108	112	114	107	107	107	102	98	97	134	139	137	143	134	126	128	129	111	103	112	130	121	109	97	83	76	96	86
Stock-based compensation expense
53	23	25	30	54	21	26	35	45	23	26	24	45	25	23	37	26	22	28	29	21	20	20	26	17	18	19	24	17	15	17	18	19	20	8	14	17	31	11	12	10	11	11	12	11
Benefit from deferred income taxes
-3	-49	-87	-43	-67	45	-20	-19	24	-155	-92	6	-11	-168	23	-5	9	-58	-23	13	-3	94	-23	-29	37	58	56	102	37	138	49	34	50	74	591	-317	89	42	72	50	12	30	-109	241	22
Securities losses (gains), net
-26	17	5	9	16	-31	-6	-5	-12	1	1	0	1	-5	4	7	1	0	-4	5	4	39	-32	7	7	2	2	0	17	-35	21	20	9	13	30	7	8	92	-59	9	18	-	-	-	-
Securities gains, net - non-qualifying hedges on mortgage servicing rights
3	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain Loss On Securities Net Non Qualifying Hedges On Msrs
3	-2	0	2	3	3	-1	-4	-13	-2	2	2	0	-	-	-	-	-	-	-	-	-	-	-	-	0	5	6	2	-	-	-	-	3	16	0	5	-	-	-	-	0	1	41	22
MSR Fair Value Adjustment
378	792	-171	-329	84	75	-8	-12	28	18	34	47	23	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	1	2	4	-2	8	7	24
Securities losses - non-qualifying hedges on mortgage servicing rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7
Provision for mortgage servicing rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-132	-6	46	85	-42	77	-87	48	58	-21	32	-4	-42	1	-102	-49	-19	73	60	-11	14	201	64	-37	-153	83	99	7	-32	37	-50	69
Net gains on sales of loans and fair value adjustments on loans held for sale
91	41	40	35	21	19	16	20	16	26	25	23	34	22	25	39	15	7	24	16	51	12	7	22	26	231	193	57	141	419	97	68	-1	36	50	-4	63	-34	-137	29	28	-70	-14	-27	-5
Net losses on disposition and impairment of bank premises and equipment
-3	1	-3	-1	-20	-6	4	-33	-8	3	-1	-1	-1	1	-16	1	1	1	-1	-98	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ain On Branch Consolidation And Sales Plan
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	11	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other asset impairment charges
-	-	-	-	-	-	-	4	-2	-	1	1	-20	-	-4	-5	0	-	-2	-4	-30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Losses On Disposition And Impairment Of Operating Lease Equipment
-6	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain related to Vantiv Inc.'s acquisition of Worldpay Group plc.
-	-	-	-	-	0	0	0	414	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	157	0	0	115	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of Worldpay, Inc. shares
0	-	-	-	-562	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ProceedsFromSaleOfEquityMethodInvestments
-	-	-	-	-	-	0	-205	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized servicing rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77	79	-	64	69	121	81	50	42	63	117	79	45	56	678	-98	-113	-94
Proceeds from sales of loans held for sale
3,072	2,700	2,560	1,680	1,217	1,182	1,460	1,502	1,055	1,712	1,600	1,514	1,627	2,262	1,859	1,641	1,133	1,286	1,425	1,392	999	1,043	1,235	1,525	1,674	2,432	5,218	7,300	7,097	5,089	5,154	4,772	7,029	4,792	3,179	2,766	4,046	6,139	5,043	3,335	4,117	4,689	6,125	6,405	4,285
Operating lease income relating to lease payments
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans originated or purchased for sale, net of repayments
3,239	2,864	2,668	2,062	1,302	1,156	1,401	1,528	1,293	1,446	1,530	1,595	1,483	2,013	1,948	1,873	1,180	1,197	1,448	1,318	1,179	909	1,171	1,375	1,419	2,012	4,228	6,685	6,078	5,970	4,897	4,926	5,646	5,810	3,689	2,661	3,039	5,746	5,089	3,802	3,594	4,766	4,778	7,168	5,540
Dividends representing return on equity investments
3	26	23	14	3	3	3	3	3	17	11	9	9	7	10	9	2	6	12	5	2	18	15	8	1	17	13	20	4	18	14	2	11	3	3	4	3	12	8	10	1	10	9	1	2
Net change in:
Trading debt and equity securities
54	95	-52	46	-60	-1	20	-225	74	12	3	150	277	-19	28	-6	20	13	11	-22	32	-29	29	12	4	96	24	2	9	2	4	6	16	-13	-22	0	-80	-30	46	-32	-51	-727	-268	-48	43
Other assets
192	-845	1,230	-131	-274	52	-51	-54	-250	143	-165	153	-109	-146	3	150	-345	-8	114	213	-413	624	-53	82	-432	384	-165	-80	533	-207	139	152	-88	-81	273	197	-322	-102	303	-29	-181	446	-179	-344	-749
Accrued taxes, interest and expenses
-267	81	31	-38	-123	144	34	167	-198	-426	533	-103	-142	181	11	72	-421	408	29	16	-126	150	-50	86	-185	125	-17	20	-120	-7	89	39	-120	90	-384	477	-104	42	97	-41	-161	-85	-41	-644	-430
Other liabilities
-51	185	-17	-221	-38	25	-60	11	69	66	-258	38	176	72	22	44	-114	-1	-40	5	-155	86	56	-35	-662	113	-227	196	487	-85	-115	-124	86	51	-339	352	100	1	305	65	-293	427	-701	675	-25
Net Cash Provided by (Used in) Operating Activities
433	1,379	-363	274	534	929	634	1,028	265	252	586	112	530	891	498	307	395	901	567	447	503	521	590	625	340	768	1,236	1,366	1,225	-179	663	178	1,895	-294	-234	1,011	1,883	1,014	1,047	334	910	1,327	1,842	696	-71
Investing Activities
Proceeds from sales:
Available-for-sale securities and other investments
800	2,172	885	4,820	2,719	1,563	584	2,938	7,345	5,153	2,851	2,442	2,191	3,589	5,805	6,209	2,677	5,136	3,674	7,288	730	880	905	1,380	2,069	2,182	2,270	2,661	2,215	239	666	1,385	231	749	787	871	64	539	951	583	505	126	1,018	1,634	972
Loans and leases
46	38	125	44	52	94	98	56	57	59	13	71	21	146	69	138	7	23	23	34	661	32	-13	92	36	38	22	45	552	66	52	100	57	108	62	105	96	314	112	63	49	11	25	69	226
Bank premises and equipment
6	55	23	10	2	17	12	10	18	15	7	12	6	10	44	13	15	12	8	6	11	10	11	1	2	6	9	15	3	-	-	-	-	5	29	0	1	4	1	3	2	-8	19	7	2
Proceeds from repayments / maturities:
Available-for-sale securities and other investments
564	647	665	516	439	395	453	454	543	532	621	574	604	1,289	1,145	811	531	602	676	893	694	601	612	491	561	534	779	968	910	989	1,108	927	1,076	921	828	715	1,038	1,270	1,153	1,231	966	25,869	24,380	27,460	40,192
Held-to-maturity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	31	5	2	6	87	1	19	10	3	3	1	13	-	-	-	-	-	-	-	-	15	6	2	6	-	-	-	-	0	1	0	2
Purchases:
Available-for-sale securities and other investments
2,570	2,755	2,742	4,818	3,644	2,885	1,128	3,589	8,605	6,446	3,021	2,853	2,975	6,752	6,264	7,551	4,069	6,160	5,790	9,910	4,873	801	1,607	3,477	4,806	3,436	4,681	5,193	2,906	1,522	1,435	1,810	2,046	870	2,130	1,786	903	1,410	2,090	658	1,060	28,617	24,818	28,192	45,315
Bank premises and equipment
74	63	61	62	57	47	47	50	48	45	44	59	52	38	61	46	41	46	40	33	45	60	49	46	61	76	60	77	61	91	78	98	95	101	99	62	57	73	60	49	42	16	62	40	55
MSRs
26	0	0	26	0	0	32	26	24	0	0	80	29	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from settlement of BOLI
2	7	13	5	3	5	4	4	3	6	2	0	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales and dividends representing return of equity investments
4	29	20	10	998	3	38	552	11	5	1,273	16	69	15	20	20	9	423	11	11	13	43	15	192	29	30	157	413	74	277	41	36	39	46	8	4	5	-	-	-	-	-	-	-	-
Net Cash Paid On Sale Of Certain Retail Branch Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	176	43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Paid On Acquisitions
0	0	0	0	-1,210	23	0	0	20	32	0	12	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash from the initial consolidation of variable interest entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-63	-	-	-	-
Net change in:
Payments for (Proceeds from) Loans and Leases
-	-	-	-	-	-	1,618	142	122	-	541	18	-368	-779	-512	415	1,119	-883	1,042	1,867	1,212	435	280	1,033	1,388	1,625	368	1,549	1,208	3,005	979	551	1,395	2,230	1,691	957	544	2,233	1,597	-539	-784	-866	-2,132	-1,668	-831
Payments to Acquire Equipment on Lease
-	-	-	-	-	-	-43	2	1	-	-37	37	6	-10	41	45	50	44	29	-3	15	14	82	-31	1	39	77	60	30	50	42	26	8	45	-20	-11	45	19	-9	8	3	23	22	14	16
Federal funds sold
0	0	0	0	35	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends representing return of equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-1	4	5	2	1	1
Other short-term investments
4,369	-710	-122	-199	1,678	396	-207	-111	-1,006	-545	1,135	519	-1,110	-241	1,177	40	-893	677	-1,457	-1,468	-2,995	4,277	1,251	184	-2,914	2,494	1,513	-1,177	-135	1,136	-678	335	-153	-246	658	-1,111	966	-1,756	-1,051	418	528	2,243	614	-1,074	-1,992
Loans and leases
8,567	-	-	-	1,196	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease equipment
-3	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash (Used in) Provided by Investing Activities
-14,181	530	-1,159	953	-1,121	-3,240	-1,385	321	163	-486	64	-463	1,313	-657	57	-1,080	-1,184	239	-1,051	-2,088	-1,031	-4,018	-1,736	-2,552	-632	-4,824	-3,453	-1,591	-316	-4,222	31	-354	-1,988	-1,156	-2,838	14	-1,305	147	-464	1,285	740	-4,030	2,061	4,213	-1,168
Financing Activities
Net change in:
Deposits
7,999	1,715	-43	1,731	339	4,493	211	-1,330	2,299	1,710	-428	-2,276	335	2,550	-600	-302	-502	2,312	-2,130	-392	1,703	965	1,847	-35	-340	9,283	596	-119	-2	4,521	424	-1,365	-51	3,763	1,907	-1,202	796	1,517	121	-1,253	399	6,204	763	1,346	1,237
Certificates - $100,000 and over, including foreign office and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-507	-887	-2,061	-	76	1,949	2,109	308	-9	-153	133	-100	-459	-516	-127	-1,232	-874	-208	-1,115	-1,261	-2,227	-601	-70
Federal funds purchased
-1,365	616	-697	2,451	-705	391	-1,719	-419	-4	-56	-1	38	-23	-6	-18	26	17	-19	-6	74	-56	4	6	115	15	-58	411	-250	515	-215	-45	-322	27	81	-24	-71	-53	89	-128	31	-89	250	2	-71	-77
Other short-term borrowings
3,531	-	-	-	408	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (Repayments of) Short-term Debt
-	-	-	-	-	-	-649	428	-2,677	-	299	3,374	-1,520	41	-485	456	2,016	-3,397	768	2,723	-143	-1,174	-416	429	1,337	-2,107	1,375	-327	-3,841	777	890	1,737	-363	-1,655	2,192	1,405	-277	-201	220	197	-178	-2,259	-3,128	-4,274	1,117
Dividends paid on common stock
173	174	178	165	143	120	124	111	112	91	104	129	106	99	101	100	102	103	106	106	107	109	110	101	103	107	102	96	88	88	73	74	74	74	8	55	55	8	8	8	8	-	-	-	-
Dividends paid on preferred stock
17	33	42	18	0	38	22	15	23	37	0	0	38	0	14	23	15	23	14	23	15	23	12	23	9	-	-	-	-	18	8	0	9	9	8	9	24	51	52	51	51	-	-	-	-
Proceeds from issuance of long-term debt
1,260	763	10	1,303	1,790	0	1,543	250	645	1,046	747	697	0	0	996	1,245	1,494	-	-	-	0	971	841	3,013	1,745	2,496	1,248	0	1,300	7	4	12	500	6	31	203	1,260	-	-	-	1	-	-	-	1
Repayment of long-term debt
180	200	1,409	1,099	1,504	110	1,377	711	686	175	163	917	714	2,342	325	364	2,088	396	409	444	956	438	455	320	186	908	59	1,256	2	1,144	1,517	54	444	110	639	655	203	1,153	167	182	971	7	22	1,737	1,299
Repurchases of treasury stock and related forward contract
0	300	350	200	913	400	500	235	318	273	990	342	0	155	241	25	240	215	300	155	180	180	723	-150	-99	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1
Shares acquired for treasury
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-539	-125	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of cash dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56	72
Issuance of common shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,648	-	-	-	-	-	-	-	-
Redemption of preferred shares, Series F
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,408	-	-	-	-	-	-	-	-
Redemption of stock warrant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	280	-	-	-	-	-	-	-	-
Exercise of stock based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	-1	-	-	-	-	-	-	-	1
Other
-33	-12	3	-22	-27	-1	-2	-30	-36	-17	-10	-20	-10	-7	2	-27	1	-1	-3	-23	-1	0	2	-22	-2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-	-	-	-
Net Cash Used In Financing Activities
13,752	-1,892	2,019	-1,212	655	2,892	799	-1,335	-904	543	-648	349	-2,030	-6	-750	834	547	-1,055	154	1,506	357	3,463	959	2,086	267	4,347	2,714	429	-1,164	4,352	-597	334	-335	1,765	3,040	-766	-616	-1,217	-584	-1,536	-1,835	2,891	-4,672	-4,501	991
Increase in Cash and Due from Banks
4	17	497	15	68	581	48	14	-476	309	2	-2	-187	228	-195	61	-242	85	-330	-135	-171	-34	-187	159	-25	291	497	204	-255	-49	97	158	-428	315	-32	259	-38	-56	-1	83	-185	188	-769	408	-248
Supplemental Cash Flow Information
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	223	244	259	-	341	364	422
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	53	19	-	87	3	7