Fifth Third Bancorp (FITB) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. I would now like to turn the call over to Matt Carroll, Director of Investor Relations. Please go ahead. Good morning, everyone. Welcome to Fifth Third's first quarter 2025 earnings call. This morning, our Chairman, CEO, and President, Tim Spence, and CFO, Brian Preston, will provide an overview of our first quarter results and outlook. Our Chief Credit Officer, Greg Schreck, has also joined the Q&A portion of the call. Please review the cautionary statements in our materials, which can be found in our earnings release and presentation. These materials contain information regarding the use of non-GAAP measures and reconciliations to the GAAP results, as well as forward-looking statements about Fifth Thirds performance. These statements speak only as of April 17, 2025, and Fifth Third undertakes no obligation to update them. Following prepared remarks by Tim and Brian, we will open up the call for questions. With that, let me turn it over to Tim. Thanks, Matt, and good morning, everyone. At Fifth Third, we believe great banks distinguish themselves not by how they navigate benign environments, but rather by how they navigate uncertain ones. I say this at the start of every investor communication, but it is particularly relevant today. I'm very pleased with our performance this past quarter and confident that we are positioned to deliver stability, profitability, and growth in that order in the many potential scenarios that could play out over the remainder of the year. This morning, we reported earnings per share of 71 cents, or 7...