StockWatch
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Major Banks
Quarterly ResultJul 17, 2026, 06:36 AM

Fifth Third Bancorp Q2 EPS $0.83; NII +14% Seq; NIM 3.36%

AI Summary

Fifth Third Bancorp reported strong second quarter 2026 results, with net income available to common shareholders reaching $763 million, or $0.83 per diluted share. Adjusted EPS was $1.02. The company achieved significant sequential growth in net interest income and noninterest income, alongside an expanded net interest margin and improved credit quality. Fifth Third also surpassed $300 billion in total assets, formally becoming a Category III institution, and confirmed its Comerica integration remains on track.

Key Highlights

  • Reported EPS of $0.83; adjusted EPS of $1.02.
  • Net income available to common shareholders was $763 million, up 496% sequentially.
  • Net interest income (FTE) grew 14% sequentially to $2.22 billion.
  • Net interest margin expanded 6 bps sequentially to 3.36%.
  • Noninterest income increased 18% sequentially to $1.06 billion.
  • Net charge-off ratio improved to 0.30%, the lowest since 2Q23.
  • Total average portfolio loans and leases grew 13% sequentially to $177.6 billion.
  • Total average deposits increased 11% sequentially to $231.5 billion.