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%.
Key figures
- Eps
- 0.9
- Revenue
- 3284000000
- Revenue Yoy
- 42% (FTE total revenue, YoY)
- Nim
- 3.34%
- Nii seq
- 3%
- Nii yoy
- 49%
- Acl ratio
- 1.74%
- Cet1 ratio
- 10.02%
- Adjusted eps
- 1.13
- Adjusted roa
- 1.41%
- Year ago eps
- 0.91
- Adjusted ppnr
- 1512000000
- Average loans
- 179244000000
- Adjusted rotce
- 20.6%
- Ppnr growth seq
- 8%
- Average deposits
- 238344000000
- Gaap diluted eps
- 0.9
- Prior quarter eps
- 0.83
- Operating leverage
- 450 bps positive vs 2Q26
- Net chargeoff ratio
- 0.31%
- Net interest income fte
- 2276000000
- Dividends per common share
- 0.42
- Loan to core deposit ratio
- 76%
- Merger related charges ytd
- $1.04 billion
- Provision for credit losses
- 122000000
- Net income available to common
- 828000000
AI analysis
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