FIFTH THIRD BANCORP (FITBI) Form 8-K — Oct 19, 2026
Fifth Third Bancorp reported third quarter 2026 net income available to common shareholders of $828 million, or $0.90 per diluted share, up 9% sequentially, with adjusted EPS of $1.13 excluding $0.23 of certain items, primarily Comerica merger-related charges. The quarter marked the completion of the Comerica systems conversion with strong client and banker retention, and the company said the full $850 million expense synergy run-rate is locked in for 4Q26. Net interest income rose 49% year-over-year to $2.28 billion, largely from the Comerica acquisition, and core deposits grew 3% sequentially. Credit was stable with a 31 bps net charge-off ratio and CET1 improved to 10.02%.
Key figures
- Eps
- 0.9
- Eps Beat
- 0
- Revenue
- 3284
- Guidance
- 4Q26: average loans & leases (incl. HFS) up 1-2%; NII up 2.5-3.5% from 3Q26 baseline of $2.28B (assumes 12/31/26 Fed funds rate of 4.25%); noninterest income up 2-4% from $1.05B baseline; noninterest expense down 2-3% from $1.82B baseline; NCO ratio 30-35 bps; effective tax rate 22.5%
- Net Income
- 828
- Revenue Yoy
- 42%
- Total Assets
- 301224
- Cash Position
- 0
- Nim pct
- 3.34
- Adjusted eps
- 1.13
- Cet1 ratio pct
- 10.02
- Adjusted roa pct
- 1.41
- Adjusted rotce pct
- 20.6
- Diluted shares millions
- 917.103
- Net charge off ratio pct
- 0.31
- Average deposits millions
- 238344
- Average portfolio loans millions
- 179244
- Net interest income fte millions
- 2276
- Expense synergy run rate millions
- 850
- Merger charges after tax millions
- 171
AI analysis
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