Slide 1: Second Quarter 2008 Credit Trends
Exhibit 99.4 Second Quarter 2008 Credit Trends Fifth Third Bank | All Rights Reserved
Slide 2: Credit by portfolio
Credit by portfolio Commercial Commercial Commercial Total Residential Other Total Total loans & ($ in millions) C&I mortgage construction lease commercial mortgage Home equity Auto Credit card consumer consumer leases Loan balances $28,958 $13,394 $6,007 $3,647 $52,006 $9,866 $12,421 $8,362 $1,717
Slide 3: Nonperforming assets
Nonperforming assets Other $44M C&I* 2% $431M – Total NPAs of $2.2B, or 256bps 20% – Commercial NPAs of $1.5B; recent growth driven by commercial construction and real CRE estate, particularly in Michigan, and Florida $1.1B 49% – Consumer NPAs of $674M; recent growth driven by residential real estat
Slide 4: Real estate driving credit deterioration
Real estate driving credit deterioration NPAs NCOs 2,500,000 400,000 2,000,000 Res RE 300,000 Res RE 1,500,000 200,000 CRE 1,000,000 CRE 100,000 500,000 0 0 Q2 2007 Q3 2007 Q4 2007 Q1 2008 Q2 2008 Q2 2007 Q3 2007 Q4 2007 Q1 2008 Q2 2008 C&I/Lease Auto CRE Res RE C&I/Lease Auto Credit Card Other CRE
Slide 5: Michigan and Florida: most stressed markets
Michigan and Florida: most stressed markets NPAs NCOs 2,500,000 400,000 2,000,000 300,000 Stressed Stressed 1,500,000 markets markets 200,000 1,000,000 500,000 100,000 - - Q2 2007 Q3 2007 Q4 2007 Q1 2008 Q2 2008 Q2 2007 Q3 2007 Q4 2007 Q1 2008 Q2 2008 Other SE National Other MW Other SE National Oth
Slide 6: Michigan market
Michigan market Loans % of NPAs % of NCOs % of ($ in millions) (bn) FITB (mm) FITB (mm) FITB Economic weakness impacts Commercial loans 5.01 17% 87 21% 16 15% commercial real estate market Commercial mortgage 3.86 29% 152 28% 10 50% Commercial construction 1.16 19% 187 34% 14 29% Issues: homebuilder
Slide 7: Florida market
Florida market Loans % of NPAs % of NCOs % of ($ in millions) (bn) FITB (mm) FITB (mm) FITB Issues: homebuilders, developers Commercial loans 2.11 7% 61 15% 14 13% tied to weakening real estate market Commercial mortgage 1.95 15% 215 40% 2 8% Commercial construction 1.26 21% 193 35% 16 33% Issues: i
Slide 8: Commercial construction
Commercial construction Credit trends Loans by geography Other OH 13% 26% Commercial construction ($ in millions) 2Q07 3Q07 4Q07 1Q08 2Q08 Balance $5,469 $5,463 $5,561 $5,592 $6,007 FL 90+ days delinquent $33 $54 $67 $49 $53 21% 90+ days ratio 0.60% 0.99% 1.21% 0.87% 0.88% NPAs $66 $106 $257 $418 $5
Slide 9: Homebuilder/developer
Homebuilder/developer Credit trends Portfolio split Loans by geography C&I MI Commercial 8% 22% Homebuilders/developers* construction FL ($ in millions) 3Q07 4Q07 1Q08 2Q08 53% 32% Balance $2,594 $2,868 $2,705 $3,295 90+ days delinquent $50 $57 $60 $123 90+ days ratio 1.94% 1.99% 2.21% 3.73% NPAs $7
Slide 10: Residential mortgage
Residential mortgage Credit trends Loans by geography Other OH 15% 23% Residential mortgage ($ in millions) 2Q07 3Q07 4Q07 1Q08 2Q08 Balance $8,477 $9,057 $10,540 $9,873 $9,866 90+ days delinquent $98 $116 $186 $192 $229 90+ days ratio 1.15% 1.28% 1.76% 1.95% 2.32% NPAs $112 $150 $216 $333 $448 MI 1
Slide 11: Home equity
Home equity Credit trends Brokered loans by geography Direct loans by geography Other Home equity - brokered OH 8% ($ in millions) 2Q07 3Q07 4Q07 1Q08 2Q08 Other 25% FL Balance $2,810 $2,746 $2,713 $2,651 $2,433 24% 8% OH 90+ days delinquent $24 $30 $34 $33 $34 33% 90+ days ratio 0.86% 1.08% 1.25% 1
Slide 12: Cautionary Statement
Cautionary Statement This report may contain forward-looking statements about Fifth Third Bancorp and/or the company as combined acquired entities within the meaning of Sections 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and 21E of the Securities Exchange Act