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  "documentTitle": "2023 MS Conference Presentation",
  "authorId": "MorganStanley",
  "authorName": "Fifth Third Bancorp",
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  "notes": "The slide uses a combination of pie charts for portfolio composition and bar charts for deposit growth metrics to demonstrate portfolio resilience.",
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      "kind": "callout",
      "text": "Thesis: consumers who largely locked in historically low fixed-rate mortgage payments will be better able to offset inflationary pressures",
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      "text": "Median FITB customer deposit balance compared to 3 years ago",
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      "text": "Total Consumer portfolio FICO score at origination",
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      "text": "Total Consumer portfolio as of 1Q23",
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      "text": "~85% of total consumer portfolio balances represented by homeowners; ~75% of Auto and Card balances represented by homeowners; Thesis: consumers who locked in low fixed-rate mortgage payments will be better able to offset inflation",
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      "text": "Total consumer WA FICO at origination of 765; ~80% of Consumer portfolio has a 720+ FICO; Minimized impact of stimulus-related FICO score warping",
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      "kind": "title",
      "text": "Conservative consumer loan portfolio highly concentrated in super prime borrowers and homeowners",
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