Fifth Third Bancorp

Fifth Third Bancorp Reports Third Quarter 2026 Earnings

Fifth Third reported Q3 2026 EPS of $0.90 (adjusted $1.13 excluding $0.23 of merger, interchange litigation and impairment charges), with net income to common of $828 million, up 9% sequentially. Net interest income rose 3% sequentially and 49% year-over-year to $2.28 billion, driven largely by the Comerica acquisition, while adjusted PPNR grew 8% with 450 bps of positive operating leverage; adjusted ROTCE hit 20.6%. Credit remained stable with net charge-offs of 0.31%, and CET1 built to 10.02%; deposit growth of 3% sequential cut wholesale funding 10% and improved the loan-to-core deposit ratio to 76%. Management highlighted completed Comerica systems conversion with strong client and banker retention, deposit share gains in Texas and California, and no share repurchases quarter- or year-to-date.

•6d ago

Fifth Third Bank Launches Innovation Banking, a Growth Platform Built for Companies at Every Stage

Fifth Third Bank launched Innovation Banking, pairing Comerica's 34-year Tech and Life Sciences franchise with its Newline embedded payments platform to serve startups, investors and growth companies. Management sees a potential $10 billion multi-year deposit growth opportunity from the business, positioning it as a durable growth source for the bank. Newline, part of the Commercial Payments engine that drives more than $18 trillion in payments annually, powers offerings for clients including Trustly and Stripe.

•24d ago

Fifth Third and Trust & Will Recognized as Best Fintech Partnership by Finovate

Fifth Third and Trust & Won won the 2026 Finovate Best Fintech Partnership award, making Fifth Third the only large U.S. bank with a 2026 Finovate Award. Since launching in 2025, tens of thousands of customers created estate plans through the free, attorney-approved wills program, representing more than $10 billion in protected estate value. The recognition supports Fifth Third's broader fintech-partnership strategy but carries no new financial disclosure; treat as a soft brand/customer-engagement positive.

•1mo ago

Fifth Third Bancorp Increases Quarterly Cash Dividend on its Common Shares 2 cents, or 5%, to $0.42 per Share

Fifth Third Bancorp raised its quarterly common dividend by 2 cents, or 5%, to $0.42 per share for Q3 2026, payable October 15, 2026 to shareholders of record as of September 30, 2026. The increase marks the 11th consecutive year of higher common dividends per share, which the company frames as reflecting a resilient balance sheet and strong earnings profile. Fifth Third also declared preferred dividends across six series — H, I, J, K, M, and Class B Series A — with amounts ranging from $15.00 to $492.20 per preferred share, payable around September 30 through October 1, 2026.

•1mo ago

Fifth Third Completes Comerica Technology and Brand Conversion

Fifth Third completed the Labor Day weekend technical conversion of approximately 600,000 Comerica customer accounts and 293 banking centers across Arizona, California, Florida, Michigan and Texas onto Fifth Third's platforms and brand. The milestone completes the integration that began when the merger closed on February 1, 2026, creating the ninth-largest U.S. bank with more than $300 billion in assets, roughly 1,500 branches and 21,300 ATMs. Management reaffirmed expansion plans: nearly $1 billion of investment in Texas over five years, 150 new Texas financial centers by 2029, and approximately 1,750 branches by 2030 with more than half in high-growth markets. In Michigan, Comerica customers gain 60% more branch access following the conversion, while existing Fifth Third customers gain 42% more.

•1mo ago

Fifth Third Announces Dual Listing on NYSE Texas

Fifth Third Bancorp announced a dual listing of its common stock on NYSE Texas under the ticker FITB, effective August 27, 2026, underscoring a strategic pivot to the Texas market. The bank committed to investing nearly $1 billion in the state over the next five years, including opening 150 new financial centers and converting 106 existing Comerica branches to the Fifth Third brand starting September 8. This expansion will create a network of more than 250 locations in Texas, positioning the bank among the top four by share in key metros and contributing to a national target of approximately 1,750 locations by 2030.

•1mo ago

Fifth Third's Jeanie® Named Best Chatbot by Tearsheet AI Innovation Awards

Fifth Third Bank won the Best Chatbot award at the 2026 Tearsheet AI Innovation Awards for its AI assistant Jeanie, recognizing its impact on customer experience and operational efficiency. The bank's mobile app serves over 2.4 million monthly users, with Jeanie helping to increase self-service containment from 3% to 42% and intent recognition accuracy from 20% to 90% since launch. Management continues to expand the chatbot's capabilities, including Spanish-language support, positioning it as a key building block for the bank's future agentic banking strategy.

•2mo ago

Fifth Third Named Among the Best and Brightest in Wellness by National Association for Business Resources

Fifth Third has been named to the Nation’s Best and Brightest in Wellness list by the National Association for Business Resources for the third consecutive year. The recognition honors the Bank's commitment to fostering a culture of wellness and supporting employee health through comprehensive benefits. Chief Human Resources Officer Nancy Pinckney highlighted the company’s focus on holistic support programs and resources for its workforce.

•2mo ago

Fifth Third Brings Lower Fees, Early Pay and New Everyday Banking Benefits to Comerica Customers

Fifth Third is transitioning Comerica customers to its platform, set to be completed on September 8, offering them lower fees and access to its Momentum Banking products. The bank estimates customers could save between $156 and $264 annually in checking fees, while also gaining benefits like Early Pay for direct deposits and fee avoidance tools like Extra Time. The transition expands Fifth Third's retail footprint to 15 states with 1,750 branches and over 21,000 ATMs, including the restoration of drive-through services at 55 locations.

•2mo ago

Fifth Third Named United States’ Best Bank by Euromoney

Fifth Third was named the United States’ Best Bank in the Euromoney Awards for Excellence 2026, marking the first time it has secured the top honor. The award reflects the bank's transformation into the ninth-largest U.S. bank, bolstered by a merger with Comerica and a focus on diversified earnings and high-growth markets. Management attributes the recognition to a decade of strategic choices, including disciplined organic growth, selective M&A, and sustained investment in digital capabilities.

•3mo ago

Fifth Third Bancorp Reports Second Quarter 2026 Earnings

Fifth Third Bancorp reported Q2 2026 net income of $763 million, or $0.83 per diluted share, reversing a $128 million loss in the prior quarter. Adjusted EPS of $1.02 benefited from a 14% sequential increase in net interest income to $2.22 billion and a 6 bps expansion in net interest margin to 3.36%. Credit quality strengthened with net charge-offs falling to 0.30%, the lowest level since 2Q23, while average loans and deposits grew 13% and 11% sequentially respectively.

•3mo ago

Fifth Third Earns Treasury and Cash Management Honors from Global Finance for the Third Consecutive Year

Fifth Third Bank was named Best Treasury and Cash Management Bank in the US by Global Finance, marking the third consecutive year it has received this national honor. The bank noted that its Commercial Payments business is now a $1 billion recurring fee business, a position strengthened by the merger with Comerica that closed in February. Additionally, the Newline platform was recognized as a 2026 Innovation of the Year award winner by American Banker for embedded payments.

•3mo ago

Fifth Third Recognized in Kiplinger Choice Awards 2026 for Customer Service Excellence

Fifth Third Bank was recognized in the 2026 Kiplinger Readers’ Choice Awards, receiving an 'Outstanding' rating for customer service based on a survey of over 4,200 verified customers. The award underscores the bank's strategy of integrating digital convenience with physical branch access, specifically highlighting its Momentum Banking product suite. Following its completion of the Comerica merger in February 2026, Fifth Third now ranks as the ninth-largest bank in the U.S. with approximately $294 billion in assets and operations in 15 states.

•3mo ago

Fifth Third Launches AI-Powered Interface in Mobile App

Fifth Third introduced a new AI-powered interface in its mobile app, allowing customers to type commands to navigate directly to tasks like replacing cards or finding branches. The tool uses advanced language models trained on hundreds of millions of interactions and integrates with the Jeanie chatbot, recognizing customer intent 90% of the time. The mobile app serves over 2.4 million monthly users and handles more than 1 billion digital interactions annually; the new feature will be fully available by the end of the month.

•4mo ago