Arizona State Retirement System lifted its holdings in Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 6.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 259,636 shares of the financial services provider’s stock after buying an additional 15,313 shares during the quarter. Arizona State Retirement System’s holdings in Fifth Third Bancorp were worth $14,636,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank OZK acquired a new stake in shares of Fifth Third Bancorp during the 2nd quarter valued at approximately $343,000. Empirical Finance LLC grew its holdings in shares of Fifth Third Bancorp by 3.5% in the 2nd quarter. Empirical Finance LLC now owns 31,633 shares of the financial services provider’s stock worth $1,783,000 after acquiring an additional 1,077 shares during the period. Nykredit A S purchased a new position in Fifth Third Bancorp in the 2nd quarter valued at approximately $11,679,000. Range Advisory LLC purchased a new position in Fifth Third Bancorp in the 2nd quarter valued at approximately $259,000. Finally, Corient Private Wealth LP raised its holdings in Fifth Third Bancorp by 4.9% during the second quarter. Corient Private Wealth LP now owns 336,543 shares of the financial services provider’s stock worth $18,971,000 after purchasing an additional 15,737 shares during the last quarter. Institutional investors and hedge funds own 83.79% of the company’s stock.
Fifth Third Bancorp Stock Down 0.5% Shares of NASDAQ:FITB opened at $54.24 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $49.19 billion, a P/E ratio of 18.20, a P/E/G ratio of 1.09 and a beta of 0.89. Fifth Third Bancorp has a 52-week low of $40.04 and a 52-week high of $59.50. The stock’s fifty day simple moving average is $56.49 and its 200-day simple moving average is $52.05.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last posted its quarterly earnings data on Friday, July 17th. The financial services provider reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.The company had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.24 billion. During the same quarter in the prior year, the business posted $0.88 EPS. The company’s revenue for the quarter was up 45.8% compared to the same quarter last year. As a group, equities research analysts forecast that Fifth Third Bancorp will post 4.1 earnings per share for the current fiscal year. Wall Street Analyst Weigh In Several research firms have weighed in on FITB. Truist Financial upped their target price on Fifth Third Bancorp from $57.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Bank of America lifted their price target on Fifth Third Bancorp from $63.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Weiss Ratings raised shares of Fifth Third Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 1st. Robert W. Baird raised their target price on shares of Fifth Third Bancorp from $56.00 to $58.00 and gave the company an “outperform” rating in a report on Monday, June 8th. Finally, Argus upgraded shares of Fifth Third Bancorp to a “strong-buy” rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Fifth Third Bancorp presently has an average rating of “Moderate Buy” and a consensus target price of $60.54.
Read Our Latest Report on FITB
(Free Report)
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, the company provides banking and financial services to individuals, businesses, governments and institutional clients.
Its offerings include checking and savings accounts, mortgages, home equity loans, consumer lending, credit cards, commercial loans, treasury management and other business banking services. Fifth Third also provides wealth management, investment advisory, brokerage, trust and asset-management services, as well as capital markets and investment banking capabilities for corporate and institutional customers.
Fifth Third Bank operates through a branch and digital banking network primarily serving communities across the Midwest and Southeast, including markets in Ohio, Michigan, Florida, Georgia, Illinois, Indiana, Kentucky, North Carolina, South Carolina, Tennessee and West Virginia.
See Also Five stocks we like better than Fifth Third Bancorp Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer Sovereign AI: Palantir and Nebius Cut the Cloud Cord Want to see what other hedge funds are holding FITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fifth Third Bancorp (NASDAQ:FITB – Free Report).
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Baird Financial Group Inc. raised its stake in shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 1.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 827,325 shares of the financial services provider’s stock after acquiring an additional 10,912 shares during the quarter. Baird Financial Group Inc. owned approximately 0.09% of Fifth Third Bancorp worth $46,636,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in FITB. Empowered Funds LLC lifted its holdings in Fifth Third Bancorp by 7.1% during the 1st quarter. Empowered Funds LLC now owns 13,864 shares of the financial services provider’s stock worth $543,000 after buying an additional 916 shares in the last quarter. Woodline Partners LP grew its position in shares of Fifth Third Bancorp by 40.5% during the 1st quarter. Woodline Partners LP now owns 56,592 shares of the financial services provider’s stock worth $2,218,000 after buying an additional 16,323 shares during the period. EverSource Wealth Advisors LLC increased its stake in Fifth Third Bancorp by 45.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,428 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 759 shares in the last quarter. Brown Advisory Inc. boosted its position in shares of Fifth Third Bancorp by 5.0% during the second quarter. Brown Advisory Inc. now owns 10,252 shares of the financial services provider’s stock worth $422,000 after purchasing an additional 484 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Fifth Third Bancorp in the 2nd quarter valued at $968,000. Institutional investors and hedge funds own 83.79% of the company’s stock.
Fifth Third Bancorp Price Performance FITB stock opened at $54.24 on Thursday. The stock has a 50-day moving average price of $56.49 and a two-hundred day moving average price of $52.05. Fifth Third Bancorp has a 1 year low of $40.04 and a 1 year high of $59.50. The stock has a market cap of $49.19 billion, a PE ratio of 18.20, a price-to-earnings-growth ratio of 1.09 and a beta of 0.89. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.59.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last issued its quarterly earnings results on Friday, July 17th. The financial services provider reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.24 billion. Fifth Third Bancorp had a net margin of 15.89% and a return on equity of 12.39%. The business’s revenue for the quarter was up 45.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.88 earnings per share. Equities analysts forecast that Fifth Third Bancorp will post 4.1 EPS for the current fiscal year. Wall Street Analysts Forecast Growth Several research analysts have weighed in on FITB shares. Argus upgraded Fifth Third Bancorp to a “strong-buy” rating in a report on Wednesday, July 22nd. Robert W. Baird increased their price target on Fifth Third Bancorp from $56.00 to $58.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. Stephens began coverage on Fifth Third Bancorp in a research report on Monday, June 15th. They set an “equal weight” rating and a $58.00 price target on the stock. Wells Fargo & Company lifted their price objective on Fifth Third Bancorp from $58.00 to $67.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Finally, Royal Bank Of Canada boosted their price objective on Fifth Third Bancorp from $57.00 to $62.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.54.
Check Out Our Latest Analysis on Fifth Third Bancorp
(Free Report)
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, the company provides banking and financial services to individuals, businesses, governments and institutional clients.
Its offerings include checking and savings accounts, mortgages, home equity loans, consumer lending, credit cards, commercial loans, treasury management and other business banking services. Fifth Third also provides wealth management, investment advisory, brokerage, trust and asset-management services, as well as capital markets and investment banking capabilities for corporate and institutional customers.
Fifth Third Bank operates through a branch and digital banking network primarily serving communities across the Midwest and Southeast, including markets in Ohio, Michigan, Florida, Georgia, Illinois, Indiana, Kentucky, North Carolina, South Carolina, Tennessee and West Virginia.
Featured Articles Five stocks we like better than Fifth Third Bancorp Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer Sovereign AI: Palantir and Nebius Cut the Cloud Cord
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Amundi increased its holdings in shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 19.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,993,814 shares of the financial services provider’s stock after purchasing an additional 323,768 shares during the quarter. Amundi owned 0.22% of Fifth Third Bancorp worth $112,391,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. California State Teachers Retirement System raised its position in Fifth Third Bancorp by 6,090.8% in the second quarter. California State Teachers Retirement System now owns 79,618,735 shares of the financial services provider’s stock valued at $4,488,108,000 after purchasing an additional 78,332,647 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Fifth Third Bancorp during the second quarter worth $1,324,903,000. Bank of America Corp DE purchased a new stake in shares of Fifth Third Bancorp in the 2nd quarter valued at $995,717,000. Norges Bank acquired a new position in Fifth Third Bancorp during the 4th quarter worth about $649,264,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in Fifth Third Bancorp by 41.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 35,548,204 shares of the financial services provider’s stock worth $1,664,013,000 after acquiring an additional 10,444,799 shares in the last quarter. Institutional investors and hedge funds own 83.79% of the company’s stock.
Fifth Third Bancorp Stock Performance Shares of FITB opened at $54.24 on Thursday. The stock has a 50 day moving average price of $56.49 and a 200 day moving average price of $52.05. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $49.19 billion, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 1.09 and a beta of 0.89. Fifth Third Bancorp has a 52-week low of $40.04 and a 52-week high of $59.50.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last released its quarterly earnings data on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.The company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.24 billion. During the same period in the previous year, the business posted $0.88 EPS. The firm’s revenue for the quarter was up 45.8% compared to the same quarter last year. Research analysts predict that Fifth Third Bancorp will post 4.1 EPS for the current fiscal year. Analyst Upgrades and Downgrades FITB has been the subject of several research reports. Morgan Stanley lifted their target price on Fifth Third Bancorp from $60.00 to $64.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Wells Fargo & Company increased their price target on shares of Fifth Third Bancorp from $58.00 to $67.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Evercore set a $60.00 price objective on shares of Fifth Third Bancorp in a research note on Monday, July 6th. Keefe, Bruyette & Woods lifted their price objective on shares of Fifth Third Bancorp from $58.00 to $60.00 and gave the company a “market perform” rating in a report on Monday, July 20th. Finally, Bank of America upped their target price on shares of Fifth Third Bancorp from $63.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $60.54.
Check Out Our Latest Report on Fifth Third Bancorp
(Free Report)
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, the company provides banking and financial services to individuals, businesses, governments and institutional clients.
Its offerings include checking and savings accounts, mortgages, home equity loans, consumer lending, credit cards, commercial loans, treasury management and other business banking services. Fifth Third also provides wealth management, investment advisory, brokerage, trust and asset-management services, as well as capital markets and investment banking capabilities for corporate and institutional customers.
Fifth Third Bank operates through a branch and digital banking network primarily serving communities across the Midwest and Southeast, including markets in Ohio, Michigan, Florida, Georgia, Illinois, Indiana, Kentucky, North Carolina, South Carolina, Tennessee and West Virginia.
Featured Stories Five stocks we like better than Fifth Third Bancorp Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer Sovereign AI: Palantir and Nebius Cut the Cloud Cord Want to see what other hedge funds are holding FITB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fifth Third Bancorp (NASDAQ:FITB – Free Report).
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Fifth Third Bancorp completed the technical and brand conversion of the Comerica franchise over the Labor Day weekend, the bank said in a Tuesday (Sept. 8) press release.
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Fifth Third Bancorp (FITB - Free Report) is headquartered in Cincinnati, and is in the Finance sector. The stock has seen a price change of 17.22% since the start of the year. The company is paying out a dividend of $0.40 per share at the moment, with a dividend yield of 2.92% compared to the Banks - Major Regional industry's yield of 2.85% and the S&P 500's yield of 1.35%.
Looking at dividend growth, the company's current annualized dividend of $1.60 is up 3.9% from last year. Over the last 5 years, Fifth Third Bancorp has increased its dividend 4 times on a year-over-year basis for an average annual increase of 7.84%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Fifth Third Bancorp's current payout ratio is 41%, meaning it paid out 41% of its trailing 12-month EPS as dividend.
FITB is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $4.14 per share, representing a year-over-year earnings growth rate of 14.05%.
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, FITB is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
Representative David J. Taylor, a Republican from Ohio, has reported six congressional stock trades, selling off holdings in biotech and technology while purchasing shares in utility, semiconductor, and a regional bank.
Taylor revealed stock purchases and sales of between $1,001 and $15,000, according to a periodic transaction report filed with the House Clerk on September 5, 2026, which Finbold analyzed on Monday, September 7.
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He bought American Electric Power Company, Inc. (NASDAQ: AEP) and Broadcom Inc. (NASDAQ: AVGO) in both his Individual Retirement Account (IRA) and trust accounts, plus Fifth Third Bancorp (NASDAQ: FITB) in his trust alone.
This politician also sold Amgen Inc. (NASDAQ: AMGN) across both accounts while disposing of Microsoft Corporation (NASDAQ: MSFT) and Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) from his trust.
As of press time, Taylor formally serves on the House Committee on Agriculture and the House Committee on Transportation and Infrastructure. Through these appointments, he actively participates in five subcommittees governing agricultural commodities, risk management, water resources, transit, and pipeline infrastructure.
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Consequently, he has influence on farm credit programs, crop insurance, and related policies that directly affect agricultural lending institutions like Fifth Third Bancorp.
Performance of Taylor’s congressional stock trades Year-to-date (YTD), AEP stock has surged 7.5%, trading at $124.50 at the time of writing. This company has a market capitalization of approximately $67.8 billion.
AEP’s YTD chart. Source: Finbold YTD, AVGO has added 2.96%, trading at $357.90 at the time of reporting. This semiconductor-doused company has a market cap of $1.7 trillion at the time of publication.
AVGO’s YTD chart. Source: Finbold So far in 2026, FITB-A has fallen 11.92%, thereby trading at $21.80 on Monday. This regional bank has a market cap of $38.2 billion.
FITB-A’s YTD chart. Source: Finbold AMGN’s price has rallied by more than 33.45% YTD, hovering at $437.23 at the time of reporting. Amgen has a market capitalization of roughly $236.4 billion.
AMGN’s YTD chart. Source: Finbold Tech giant Microsoft has seen its stock rise 5.66%, trading at $499.70 at reporting time, hence a market cap of $3.7 trillion.
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MSFT’s YTD chart. Source: Finbold Over the same period, VRTX rose 20.79%, trading at around $546.12, with a market cap of $138.4 billion.
VRTX’s YTD chart. Source: Finbold As a result, Representative Taylor purchased stocks that rotated his portfolio away from biotech and software toward semiconductors, utilities, and regional banking.
Fifth Third has launched of a new credit aimed at consumers seeking to reduce interest costs and consolidate higher-rate debt. According to a Tuesday (Sept.
CINCINNATI--(BUSINESS WIRE)--Fifth Third (NYSE: FITB) today announced the launch of the Truly Simple® Credit Card, a new credit card designed to help customers simplify their finances, save on interest and stay in control of their goals. The Truly Simple® Credit Card features an extended introductory 0% APR period for 18 months on purchases and balance transfers, with variable APR of 18.49% to 29.49% on purchases and balance transfers after the introductory period1, providing customers with a f.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB) today announced the dual listing of its common stock on NYSE Texas in Dallas. Fifth Third will maintain its primary listing on the New York Stock Exchange and will trade on NYSE Texas under the same “FITB” ticker symbol, effective August 27, 2026. The dual listing reflects Fifth Third's long-term commitment to Texas and to the people building it. Over the next five years, Fifth Third will invest nearly $1 billion in the Texas economy.
Key Takeaways Fifth Third's Comerica deal expanded its footprint into 17 of the 20 fastest-growing large U.S. markets.Branch expansion is driving deposits, with newer branches averaging more than $25M in first-year deposits.Comerica costs lifted expenses sharply, making cost synergies and operating leverage crucial to returns. Fifth Third Bancorp (FITB - Free Report) is pursuing two major growth initiatives simultaneously — expanding its physical presence in faster-growing U.S. markets and integrating Comerica. Together, these moves could meaningfully improve the bank’s geographic diversification, deposit franchise and earnings capacity. However, the strategy also entails sizable near-term spending, making execution critical to translating the investments into stronger shareholder returns.
The Comerica acquisition significantly widened Fifth Third’s addressable market. Completed in February 2026, the transaction created the ninth-largest U.S. bank with roughly $294 billion in assets and positioned Fifth Third in 17 of the 20 fastest-growing large U.S. markets. Fifth Third plans to have 1,750 branches by 2030. This wider footprint should reduce the dependence on slower-growth legacy markets and increase opportunities to cross-sell retail, commercial, payments and wealth-management products.
More importantly, branch expansion could strengthen Fifth Third’s funding economics. Branches opened between 2022 and 2024 have averaged more than $25 million of deposits within their first 12 months, while the bank expects continued Southeast expansion to generate $15-$20 billion of deposits over seven years. A larger base of granular consumer deposits can provide relatively stable funding for loan growth and reduce the reliance on more expensive wholesale or rate-sensitive deposits.
Early post-merger trends provide some evidence that this strategy is working. In the second quarter of 2026, average deposits increased 11% sequentially to about $232 billion. Period-end consumer deposits rose $4.6 billion, helped by stronger-than-expected results from Comerica retail deposit campaigns, even as Fifth Third intentionally reduced higher-cost, non-relationship commercial deposits. This is significant because the benefit is not simply higher deposit volume; an improving funding mix can also support net interest margin and earnings quality.
The trade-off is expense pressure. Second-quarter non-interest expenses were $2.11 billion, up 67% year over year, reflecting Comerica-related costs and higher technology, occupancy and marketing spending. Even excluding certain items, expenses increased 51%. The reported efficiency ratio was 64.3% versus 56.2% a year earlier, although the adjusted ratio improved sequentially to 57.1% from 61.9%, suggesting some normalization is already underway.
Thus, the investment case increasingly hinges on execution. Fifth Third expects the Comerica systems conversion to unlock cost synergies, while revenue benefits are already emerging. Strong deposit growth and lower integration costs could drive operating leverage, but prolonged spending or slower branch maturation may delay returns.
Expansion Efforts By Other BanksPNC Financial’s (PNC - Free Report) banking subsidiary, PNC Bank, N.A., plans to open more than 300 branches by 2030, increasing its total branch investment to about $2 billion.
PNC plan includes opening more than 300 branches across nearly 20 U.S. markets, renovating its entire branch network by 2029, and hiring more than 2,000 employees to support growth and customer service efforts by 2030.
F.N.B. Corp.’s (FNB - Free Report) main subsidiary, First National Bank, plans to open 30 branches in the high-growth Southeast and Mid-Atlantic markets by 2030.
These new branches will accelerate FNB’s ongoing expansion in North Carolina, South Carolina and the Bank's Mid-Atlantic Region, including Maryland, Virginia and Washington, DC.
FITB’s Price Performance & Zacks RankIn the past year, Fifth Third’s shares have gained 20.6% compared with the industry’s growth of 29.8%.
Image Source: Zacks Investment Research
Currently, the company carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB) is expected to report financial results and host conference calls to discuss results on the following dates:First Quarter 2027 – Friday, April 16, 2027 – 10:00 AM ETSecond Quarter 2027 – Friday, July 16, 2027 – 10:00 AM ETThird Quarter 2027 – Tuesday, October 19, 2027 – 9:00 AM ETFourth Quarter 2027 – Wednesday, January 19, 2028 – 9:00 AM ETFinancial results are expected to be available at approximately 6:30 AM ET on each of the dates.
Key Takeaways FITB plans to invest nearly $1 billion in Texas and open 150 new financial centers by 2029.The Comerica acquisition expanded FITB's footprint across Texas and other high-growth U.S. markets.A larger Texas network will likely aid deposit growth, lending, cross-selling and long-term revenue growth. Fifth Third Bancorp (FITB - Free Report) is intensifying its expansion in Texas, with plans to invest nearly $1 billion in the state over the next five years. The move reflects the bank’s broader strategy of expanding its presence in high-growth U.S. markets to drive long-term growth.
Texas has emerged as a key market for FITB given its strong business activity, population growth and investment potential. The bank gained an important foothold in the state through its February 2026 acquisition of Comerica. This expanded the company’s presence across Texas, the Southeast and California and gave it access to 17 of the 20 fastest-growing large U.S. markets.
Fifth Third is now building on that footprint through an aggressive branch expansion. The bank plans to open 150 new financial centers across Texas by 2029, while 106 existing Comerica financial centers will convert to the Fifth Third brand on Sept. 8. Together, these locations will create a network of more than 250 financial centers and position it among the top four banks by location share in Dallas, Houston and Austin.
The latest dual listing on NYSE Texas also complements FITB’s growth in the state. Following the move of its primary listing from Nasdaq to the New York Stock Exchange (NYSE) in June 2026, the bank will also begin trading on NYSE Texas under the same FITB ticker. While the listing itself is not a direct earnings catalyst, it could increase the bank’s visibility among Texas-based investors and businesses, underscoring its growing commitment to the state.
The larger branch network in Texas could help Fifth Third attract deposits and expand lending relationships, while its commercial banking presence could create additional cross-selling opportunities. The bank opened its first Texas financial center in Frisco in April 2026 and plans to establish its Texas regional headquarters in Dallas. These efforts also align with the company’s broader branch strategy, which targets approximately 1,750 locations by 2030 across 17 of the 20 fastest-growing large U.S. markets.
Overall, Texas is becoming an increasingly important growth opportunity for FITB, supported by its established Comerica footprint, significant new investment and branch expansion. The larger presence in Dallas, Houston and Austin could help the company to deepen customer relationships and support long-term deposit, lending and revenue growth.
How Are Other Banks Scaling in Texas?Similar to FITB, other banks like Huntington Bancshares (HBAN - Free Report) and Prosperity Bancshares (PB - Free Report) are expanding their presence in Texas through acquisitions and branch expansion.
Huntington Bancshares strengthened its Texas franchise through the October 2025 acquisition of Veritex Holdings and the February 2026 merger with Cadence Bank, expanding its presence in Dallas/Fort Worth, Houston and other Southern markets. The transactions also increased its branch network to nearly 1,400 locations across 21 states. Huntington Bancshares expects the Cadence and Veritex integrations to support loan and deposit growth, while cost synergies are expected to bolster profitability.
Prosperity Bancshares has similarly expanded its Texas footprint through acquisitions. It completed its merger with Stellar Bancorp on July 1, 2026, strengthening its presence in Houston, Beaumont, East Texas and Dallas. Earlier, Prosperity Bancshares acquired American Bank Holding Corporation in January 2026 and Southwest Bancshares in February 2026, adding deposits, loans and banking offices in key Texas markets. The combined franchise is expected to enhance scale and create additional revenue and cost synergies.
FITB’s Price Performance & Zacks RankIn the past six months, FITB shares have gained 10.6% compared with the industry’s growth of 18.1%.
Image Source: Zacks Investment Research
Currently, the company carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB) will participate in the Barclays Global Financial Services Conference on September 15, 2026, at approximately 7:30 AM ET. Bryan Preston, executive vice president and chief financial officer, and Jamie Leonard, executive vice president and chief operating officer, will represent the Company.
Audio webcast and any presentation slides may be viewed live and for approximately 14 days after the conference through the Investor Relations section of www.53.com. Additionally, any slides used in the presentation will be made available in a printer-friendly format on the Company’s website.
About Fifth Third
Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is to be the one bank people most value and trust.
Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the New York Stock Exchange under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.
Allworth Financial LP acquired a new stake in Fifth Third Bancorp (NASDAQ:FITB – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 32,846 shares of the financial services provider’s stock, valued at approximately $1,852,000.
Several other institutional investors have also bought and sold shares of FITB. Empowered Funds LLC grew its holdings in shares of Fifth Third Bancorp by 7.1% in the 1st quarter. Empowered Funds LLC now owns 13,864 shares of the financial services provider’s stock worth $543,000 after acquiring an additional 916 shares during the last quarter. Woodline Partners LP boosted its holdings in shares of Fifth Third Bancorp by 40.5% in the first quarter. Woodline Partners LP now owns 56,592 shares of the financial services provider’s stock worth $2,218,000 after buying an additional 16,323 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Fifth Third Bancorp by 45.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,428 shares of the financial services provider’s stock worth $100,000 after acquiring an additional 759 shares in the last quarter. Brown Advisory Inc. grew its position in Fifth Third Bancorp by 5.0% during the 2nd quarter. Brown Advisory Inc. now owns 10,252 shares of the financial services provider’s stock worth $422,000 after purchasing an additional 484 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new stake in Fifth Third Bancorp during the 2nd quarter valued at $968,000. Institutional investors and hedge funds own 83.79% of the company’s stock.
Fifth Third Bancorp Stock Performance Shares of NASDAQ FITB opened at $54.76 on Friday. The firm has a market capitalization of $49.66 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 1.09 and a beta of 0.91. Fifth Third Bancorp has a one year low of $40.04 and a one year high of $59.50. The business has a fifty day simple moving average of $56.54 and a 200 day simple moving average of $51.97. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.59.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last posted its quarterly earnings results on Friday, July 17th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.01). Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.The business had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.24 billion. During the same period last year, the company earned $0.88 EPS. The business’s revenue for the quarter was up 45.8% on a year-over-year basis. Sell-side analysts expect that Fifth Third Bancorp will post 4.1 EPS for the current year. Fifth Third Bancorp Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Tuesday, June 30th. Fifth Third Bancorp’s dividend payout ratio (DPR) is currently 54.61%.
Analyst Ratings Changes Several research analysts have weighed in on the stock. UBS Group upped their price objective on shares of Fifth Third Bancorp from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Truist Financial raised their price target on Fifth Third Bancorp from $57.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Citigroup boosted their target price on shares of Fifth Third Bancorp from $53.00 to $59.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Robert W. Baird upped their price objective on shares of Fifth Third Bancorp from $56.00 to $58.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. Finally, Stephens started coverage on Fifth Third Bancorp in a research note on Monday, June 15th. They issued an “equal weight” rating and a $58.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $60.54.
Get Our Latest Analysis on FITB
Fifth Third Bancorp Company Profile (Free Report)
Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.
On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.
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Advisors Capital Management LLC bought a new stake in Fifth Third Bancorp (NASDAQ:FITB – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 21,708 shares of the financial services provider’s stock, valued at approximately $1,224,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FITB. Cullen Frost Bankers Inc. lifted its holdings in shares of Fifth Third Bancorp by 4.6% during the fourth quarter. Cullen Frost Bankers Inc. now owns 4,261 shares of the financial services provider’s stock worth $199,000 after purchasing an additional 187 shares during the period. Equitable Holdings Inc. increased its stake in shares of Fifth Third Bancorp by 4.1% in the fourth quarter. Equitable Holdings Inc. now owns 4,950 shares of the financial services provider’s stock worth $232,000 after acquiring an additional 195 shares during the period. Basecamp Wealth Advisors LLC increased its stake in shares of Fifth Third Bancorp by 5.5% in the first quarter. Basecamp Wealth Advisors LLC now owns 3,869 shares of the financial services provider’s stock worth $180,000 after acquiring an additional 201 shares during the period. Koshinski Asset Management Inc. raised its holdings in shares of Fifth Third Bancorp by 3.1% during the fourth quarter. Koshinski Asset Management Inc. now owns 6,870 shares of the financial services provider’s stock worth $322,000 after purchasing an additional 206 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID raised its holdings in shares of Fifth Third Bancorp by 19.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 1,319 shares of the financial services provider’s stock worth $61,000 after purchasing an additional 212 shares during the last quarter. Hedge funds and other institutional investors own 83.79% of the company’s stock.
Fifth Third Bancorp Price Performance Fifth Third Bancorp stock opened at $54.76 on Friday. The stock has a market capitalization of $49.66 billion, a P/E ratio of 18.38, a P/E/G ratio of 1.09 and a beta of 0.91. The company’s fifty day moving average price is $56.54 and its 200 day moving average price is $51.97. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.83 and a current ratio of 0.83. Fifth Third Bancorp has a 1 year low of $40.04 and a 1 year high of $59.50.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last posted its quarterly earnings data on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). The company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.24 billion. Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.The business’s revenue was up 45.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.88 earnings per share. As a group, equities research analysts anticipate that Fifth Third Bancorp will post 4.1 earnings per share for the current fiscal year. Fifth Third Bancorp Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.9%. Fifth Third Bancorp’s dividend payout ratio is presently 54.61%.
Analysts Set New Price Targets Several equities research analysts have commented on the stock. Truist Financial upped their price target on shares of Fifth Third Bancorp from $57.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Robert W. Baird raised their target price on Fifth Third Bancorp from $56.00 to $58.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. Keefe, Bruyette & Woods lifted their price target on Fifth Third Bancorp from $58.00 to $60.00 and gave the company a “market perform” rating in a research report on Monday, July 20th. Evercore set a $60.00 price target on Fifth Third Bancorp in a report on Monday, July 6th. Finally, UBS Group raised their price objective on shares of Fifth Third Bancorp from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $60.54.
View Our Latest Stock Report on Fifth Third Bancorp
Fifth Third Bancorp Profile (Free Report)
Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.
On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.
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Payload has secured a strategic investment led by Fifth Third to expand its embedded payments platform, Payload said in a Wednesday (Aug. 19) press release. Payload was founded in late 2019, processed its first payment in January 2020 and processed nearly $500 million in May alone, according to the release.
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Based in Cincinnati, Fifth Third Bancorp (FITB - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 16.43%. Currently paying a dividend of $0.40 per share, the company has a dividend yield of 2.94%. In comparison, the Banks - Major Regional industry's yield is 2.73%, while the S&P 500's yield is 1.33%.
Looking at dividend growth, the company's current annualized dividend of $1.60 is up 3.9% from last year. Over the last 5 years, Fifth Third Bancorp has increased its dividend 4 times on a year-over-year basis for an average annual increase of 7.84%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Fifth Third Bancorp's current payout ratio is 41%, meaning it paid out 41% of its trailing 12-month EPS as dividend.
Looking at this fiscal year, FITB expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $4.14 per share, representing a year-over-year earnings growth rate of 14.05%.
From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. However, not all companies offer a quarterly payout.
Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, FITB is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB) today announced the commencement of its offer to exchange (the “Registered Exchange Offer”) any and all of its outstanding unregistered senior notes (the “Restricted Notes”) previously issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), for an equal principal amount of new notes registered under the Securities Act (the “Registered Notes”), as set forth b.
Fifth Third Bancorp (NYSE: FITB) today announced the commencement of its offer to exchange (the âRegistered Exchange Offerâ) any and all of its outstanding
CINCINNATI--(BUSINESS WIRE)--Fifth Third (NYSE: FITB) has been recognized by the 2026 Tearsheet AI Innovation Awards, earning the Best Chatbot Award for Jeanie®, the Bank's AI-powered banking assistant within its mobile app. The award recognizes Jeanie's measurable customer impact, innovative use of artificial intelligence and role in advancing a more intuitive, conversational banking experience. The Tearsheet AI Innovation Awards recognize financial services companies using artificial intellig.
CINCINNATI--(BUSINESS WIRE)--For the third consecutive year, Fifth Third (NYSE: FITB) has been named among the Nation's Best and Brightest in Wellness by the National Association for Business Resources (NABR). This recognition honors organizations that demonstrate a strong commitment to fostering a culture of wellness and supporting the overall health and well-being of their employees. “At Fifth Third, supporting employee well-being is an important part of building a workplace where people can.
Bank of America Corp DE grew its holdings in Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 8.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,909,345 shares of the financial services provider’s stock after purchasing an additional 1,248,846 shares during the period. Bank of America Corp DE owned approximately 1.87% of Fifth Third Bancorp worth $785,608,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of FITB. D.A. Davidson & CO. boosted its holdings in Fifth Third Bancorp by 69.7% in the first quarter. D.A. Davidson & CO. now owns 50,783 shares of the financial services provider’s stock worth $2,359,000 after acquiring an additional 20,862 shares in the last quarter. Robinhood Asset Management LLC purchased a new position in shares of Fifth Third Bancorp in the 4th quarter valued at approximately $8,529,000. Keybank National Association OH boosted its stake in Fifth Third Bancorp by 33.2% in the 1st quarter. Keybank National Association OH now owns 85,781 shares of the financial services provider’s stock worth $3,985,000 after purchasing an additional 21,365 shares in the last quarter. Geode Capital Management LLC boosted its stake in Fifth Third Bancorp by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 18,197,466 shares of the financial services provider’s stock worth $848,672,000 after purchasing an additional 96,656 shares in the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. purchased a new stake in Fifth Third Bancorp during the 4th quarter worth approximately $1,514,000. Institutional investors and hedge funds own 83.79% of the company’s stock.
Fifth Third Bancorp Stock Performance Shares of NASDAQ FITB opened at $56.55 on Friday. The company’s fifty day moving average price is $54.80 and its 200 day moving average price is $51.23. Fifth Third Bancorp has a 1 year low of $40.04 and a 1 year high of $59.50. The company has a market capitalization of $51.25 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 1.09 and a beta of 0.90. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.83 and a current ratio of 0.83.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last released its quarterly earnings data on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.24 billion. Fifth Third Bancorp had a net margin of 15.89% and a return on equity of 12.39%. The firm’s quarterly revenue was up 45.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.88 EPS. On average, research analysts predict that Fifth Third Bancorp will post 4.1 earnings per share for the current year.
Fifth Third Bancorp Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.40 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.8%. Fifth Third Bancorp’s payout ratio is 54.61%.
Analyst Ratings Changes A number of brokerages have recently weighed in on FITB. Citigroup increased their price objective on Fifth Third Bancorp from $53.00 to $59.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Zacks Research downgraded Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. UBS Group upped their target price on Fifth Third Bancorp from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Argus raised shares of Fifth Third Bancorp to a “strong-buy” rating in a research report on Wednesday, July 22nd. Finally, Wall Street Zen raised shares of Fifth Third Bancorp from a “strong sell” rating to a “sell” rating in a report on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Fifth Third Bancorp presently has an average rating of “Moderate Buy” and an average target price of $60.54.
Read Our Latest Stock Analysis on Fifth Third Bancorp
About Fifth Third Bancorp (Free Report)
Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.
On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.
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Fifth Third Bank sent personalized welcome packages to Comerica customers this week and plans to complete the transition of current Comerica accounts to comparable Fifth Third products on Sept. 8, the bank said in a Thursday (July 30) press release.
These moves follow Fifth Third’s February announcement that its $10.9 million merger with Comerica closed, establishing the ninth-largest U.S. bank by assets.
Fifth Third’s welcome packages explain the transition, which in many cases will provide Comerica customers with opportunities to save money, access funds sooner and gain greater flexibility in how they manage their finances, according to the release.
For example, Fifth Third’s Momentum Checking account has no monthly maintenance fee and no minimum balance requirement, while several Comerica checking products charged monthly fees to customers who didn’tmeet certain balance or activity requirements, the release said.
In addition, Fifth Third offers tools designed to help customers avoid unnecessary overdraft charges, a free checking feature that allows eligible direct deposits to arrive up to two days early and eligible federal tax refunds to arrive up to five days early, a branch network that will span 15 states, more than 21,000 in-network ATMs, and an award-winning mobile banking experience, per the release.
“As customers receive their welcome package, we want them to understand that this transition is about receiving greater value in their everyday banking experience,” Ben Mendelsohn, director of product management at Fifth Third, said in the release.
Fifth Third Chairman, CEO and President Tim Spence said during a July 17 earnings call that the bank is seeing early results of its merger with Comerica, is making progress on the integration and is set to launch its system conversion over Labor Day weekend.
When Fifth Third announced in October 2025 that it planned to acquire Comerica, the bank said the merger would help with its expansion plans. Fifth Third said it anticipated that more than half its branches will be based in the Southeast, Texas, Arizona and California by 2030.
Fifth Third announced in June that it was rolling out Fifth Third for Business, a small business banking experience that combines digital lending, faster payments and local banker support.
CINCINNATI--(BUSINESS WIRE)--As Comerica customers begin receiving information about their transition to Fifth Third (NYSE: FITB) many will gain access to banking products and services designed to help them save money, access funds sooner and enjoy greater flexibility in how they manage their finances. Beginning this week, customers are receiving personalized Welcome Packages that explain how their current Comerica accounts will transition to comparable Fifth Third products when the conversion.
Bank of Nova Scotia boosted its position in shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 30.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 135,461 shares of the financial services provider’s stock after purchasing an additional 31,976 shares during the period. Bank of Nova Scotia’s holdings in Fifth Third Bancorp were worth $6,294,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of FITB. Center for Financial Planning Inc. bought a new position in shares of Fifth Third Bancorp during the 1st quarter valued at $25,000. SouthState Bank Corp raised its holdings in Fifth Third Bancorp by 74.7% during the first quarter. SouthState Bank Corp now owns 552 shares of the financial services provider’s stock valued at $26,000 after buying an additional 236 shares in the last quarter. Monetary Solutions Ltd bought a new position in shares of Fifth Third Bancorp in the 4th quarter valued at approximately $29,000. Leonteq Securities AG acquired a new stake in shares of Fifth Third Bancorp in the fourth quarter worth $30,000. Finally, Reflection Asset Management bought a new stake in Fifth Third Bancorp during the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 83.79% of the company’s stock.
Fifth Third Bancorp Stock Down 0.7% Shares of FITB opened at $57.00 on Tuesday. The business’s fifty day moving average price is $54.15 and its two-hundred day moving average price is $51.03. The firm has a market capitalization of $51.66 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 1.09 and a beta of 0.90. Fifth Third Bancorp has a 52 week low of $40.04 and a 52 week high of $59.50. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.83 and a current ratio of 0.83.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last released its earnings results on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). The firm had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.24 billion. Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.The company’s revenue was up 45.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.88 EPS. On average, analysts predict that Fifth Third Bancorp will post 4.1 earnings per share for the current year.
Fifth Third Bancorp Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.40 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.8%. Fifth Third Bancorp’s dividend payout ratio is presently 54.61%.
Analyst Upgrades and Downgrades Several equities research analysts have recently issued reports on FITB shares. UBS Group raised their price objective on shares of Fifth Third Bancorp from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Argus upgraded shares of Fifth Third Bancorp to a “strong-buy” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised Fifth Third Bancorp from a “strong sell” rating to a “sell” rating in a report on Sunday, May 10th. Wolfe Research dropped their target price on Fifth Third Bancorp from $57.00 to $55.00 and set an “outperform” rating for the company in a report on Wednesday, April 1st. Finally, Jefferies Financial Group raised their target price on Fifth Third Bancorp from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Fifth Third Bancorp presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.49.
Get Our Latest Stock Analysis on Fifth Third Bancorp
Fifth Third Bancorp Company Profile (Free Report)
Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.
On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.
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Cetera Investment Advisers grew its stake in Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 11.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 418,038 shares of the financial services provider’s stock after purchasing an additional 43,848 shares during the period. Cetera Investment Advisers’ holdings in Fifth Third Bancorp were worth $19,422,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Alpha Family Trust bought a new stake in shares of Fifth Third Bancorp in the 1st quarter worth approximately $411,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Fifth Third Bancorp in the 1st quarter valued at $45,000. NewEdge Wealth LLC grew its holdings in shares of Fifth Third Bancorp by 5,269.0% in the 1st quarter. NewEdge Wealth LLC now owns 1,326,949 shares of the financial services provider’s stock worth $61,650,000 after purchasing an additional 1,302,234 shares during the last quarter. WealthCollab LLC bought a new stake in shares of Fifth Third Bancorp in the 1st quarter worth about $73,000. Finally, CI Investments Inc. increased its position in shares of Fifth Third Bancorp by 1.3% during the 1st quarter. CI Investments Inc. now owns 30,233 shares of the financial services provider’s stock worth $1,405,000 after purchasing an additional 400 shares in the last quarter. Institutional investors own 83.79% of the company’s stock.
Wall Street Analysts Forecast Growth FITB has been the subject of several analyst reports. Weiss Ratings raised shares of Fifth Third Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, June 1st. Evercore set a $60.00 price objective on shares of Fifth Third Bancorp in a research note on Monday, July 6th. Jefferies Financial Group raised their price objective on shares of Fifth Third Bancorp from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, April 8th. Royal Bank Of Canada lifted their target price on shares of Fifth Third Bancorp from $57.00 to $62.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. Finally, Argus raised Fifth Third Bancorp to a “strong-buy” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $60.49.
Check Out Our Latest Analysis on FITB
Fifth Third Bancorp Price Performance Shares of FITB stock opened at $57.00 on Tuesday. Fifth Third Bancorp has a 1 year low of $40.04 and a 1 year high of $59.50. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.59. The firm’s 50 day moving average is $54.15 and its 200-day moving average is $51.03. The firm has a market capitalization of $51.66 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 1.09 and a beta of 0.90.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last issued its quarterly earnings results on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). The company had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.24 billion. Fifth Third Bancorp had a net margin of 15.89% and a return on equity of 12.39%. The business’s revenue for the quarter was up 45.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.88 EPS. Sell-side analysts forecast that Fifth Third Bancorp will post 4.1 EPS for the current fiscal year.
Fifth Third Bancorp Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Fifth Third Bancorp’s payout ratio is currently 54.61%.
Fifth Third Bancorp Profile (Free Report)
Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.
On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.
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CINCINNATI--(BUSINESS WIRE)--Fifth Third (NYSE: FITB) has been named a World's Top Disability Inclusive Business by The Disability Index®, recognizing the Bank's ongoing commitment to creating opportunities for individuals with disabilities through inclusive workplace practices, accessible banking solutions and community partnerships. The recognition reflects Fifth Third's commitment to creating opportunities for employees to grow their careers, contribute their talents, and reach their full po.
Jeff Korzenik, Fifth Third Commercial Bank chief economist, joins 'The Exchange' to discuss the economic impact from tariffs thus far, the Federal Reserve and much more.
ABN Amro Investment Solutions increased its stake in Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 11.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 130,785 shares of the financial services provider’s stock after purchasing an additional 12,966 shares during the quarter. ABN Amro Investment Solutions’ holdings in Fifth Third Bancorp were worth $6,076,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of FITB. Vanguard Group Inc. lifted its holdings in Fifth Third Bancorp by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 83,948,876 shares of the financial services provider’s stock valued at $3,929,647,000 after purchasing an additional 637,207 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Fifth Third Bancorp by 41.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 35,548,204 shares of the financial services provider’s stock worth $1,664,013,000 after purchasing an additional 10,444,799 shares in the last quarter. Capital World Investors increased its stake in shares of Fifth Third Bancorp by 5.6% in the fourth quarter. Capital World Investors now owns 32,549,669 shares of the financial services provider’s stock worth $1,523,650,000 after purchasing an additional 1,719,361 shares in the last quarter. State Street Corp raised its position in shares of Fifth Third Bancorp by 0.3% in the fourth quarter. State Street Corp now owns 31,437,600 shares of the financial services provider’s stock valued at $1,484,021,000 after purchasing an additional 101,245 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Fifth Third Bancorp by 2.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 23,939,023 shares of the financial services provider’s stock valued at $1,120,586,000 after purchasing an additional 530,489 shares during the period. Hedge funds and other institutional investors own 83.79% of the company’s stock.
Fifth Third Bancorp Price Performance Shares of NASDAQ FITB opened at $57.77 on Thursday. The firm has a market capitalization of $52.36 billion, a P/E ratio of 19.39, a P/E/G ratio of 1.09 and a beta of 0.90. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.59. The stock’s 50-day simple moving average is $53.58 and its two-hundred day simple moving average is $50.85. Fifth Third Bancorp has a twelve month low of $40.04 and a twelve month high of $59.50.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last issued its quarterly earnings results on Friday, July 17th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). Fifth Third Bancorp had a net margin of 15.89% and a return on equity of 12.39%. The business had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.24 billion. During the same quarter last year, the business posted $0.88 EPS. The business’s revenue was up 45.8% compared to the same quarter last year. As a group, equities analysts anticipate that Fifth Third Bancorp will post 4.1 EPS for the current fiscal year.
Fifth Third Bancorp Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Fifth Third Bancorp’s payout ratio is currently 54.61%.
Insider Activity In related news, EVP Peter L. Sefzik sold 20,000 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $50.46, for a total value of $1,009,200.00. Following the completion of the transaction, the executive vice president directly owned 189,382 shares in the company, valued at approximately $9,556,215.72. The trade was a 9.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.51% of the company’s stock.
Analyst Upgrades and Downgrades FITB has been the topic of a number of analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Fifth Third Bancorp from $54.50 to $61.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Piper Sandler reaffirmed an “overweight” rating and issued a $54.00 price target (down from $57.00) on shares of Fifth Third Bancorp in a report on Monday, March 30th. Zacks Research cut Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Wells Fargo & Company boosted their price objective on Fifth Third Bancorp from $58.00 to $67.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, Weiss Ratings raised Fifth Third Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, June 1st. Seventeen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $60.20.
Check Out Our Latest Stock Report on Fifth Third Bancorp
Fifth Third Bancorp Profile (Free Report)
Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.
On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.
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D.A. Davidson & CO. grew its holdings in shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 69.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,783 shares of the financial services provider’s stock after purchasing an additional 20,862 shares during the period. D.A. Davidson & CO.’s holdings in Fifth Third Bancorp were worth $2,359,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of FITB. Vanguard Group Inc. grew its position in Fifth Third Bancorp by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 83,948,876 shares of the financial services provider’s stock valued at $3,929,647,000 after buying an additional 637,207 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Fifth Third Bancorp by 41.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 35,548,204 shares of the financial services provider’s stock worth $1,664,013,000 after buying an additional 10,444,799 shares in the last quarter. Capital World Investors raised its position in shares of Fifth Third Bancorp by 5.6% during the 4th quarter. Capital World Investors now owns 32,549,669 shares of the financial services provider’s stock worth $1,523,650,000 after buying an additional 1,719,361 shares in the last quarter. State Street Corp lifted its stake in shares of Fifth Third Bancorp by 0.3% in the 4th quarter. State Street Corp now owns 31,437,600 shares of the financial services provider’s stock worth $1,484,021,000 after acquiring an additional 101,245 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Fifth Third Bancorp by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 23,939,023 shares of the financial services provider’s stock worth $1,120,586,000 after acquiring an additional 530,489 shares during the period. 83.79% of the stock is currently owned by institutional investors.
Fifth Third Bancorp Stock Performance Shares of FITB opened at $57.47 on Tuesday. The firm’s 50 day moving average is $53.19 and its 200-day moving average is $50.70. The stock has a market capitalization of $52.09 billion, a P/E ratio of 19.29, a P/E/G ratio of 1.09 and a beta of 0.90. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.83 and a quick ratio of 0.83. Fifth Third Bancorp has a 12-month low of $40.04 and a 12-month high of $59.50.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last released its earnings results on Friday, July 17th. The financial services provider reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.24 billion. During the same quarter in the previous year, the firm earned $0.88 earnings per share. Equities research analysts anticipate that Fifth Third Bancorp will post 4.1 EPS for the current fiscal year.
Fifth Third Bancorp Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.8%. Fifth Third Bancorp’s dividend payout ratio is currently 54.61%.
Insider Activity at Fifth Third Bancorp In other news, EVP Peter L. Sefzik sold 20,000 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $50.46, for a total transaction of $1,009,200.00. Following the completion of the sale, the executive vice president owned 189,382 shares in the company, valued at approximately $9,556,215.72. This represents a 9.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.51% of the company’s stock.
Analysts Set New Price Targets A number of research analysts recently commented on FITB shares. Royal Bank Of Canada raised their price objective on shares of Fifth Third Bancorp from $57.00 to $62.00 and gave the company an “outperform” rating in a research note on Monday. JPMorgan Chase & Co. upped their target price on Fifth Third Bancorp from $54.50 to $61.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Wolfe Research cut their target price on Fifth Third Bancorp from $57.00 to $55.00 and set an “outperform” rating for the company in a research report on Wednesday, April 1st. Zacks Research lowered Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Keefe, Bruyette & Woods lifted their price target on Fifth Third Bancorp from $58.00 to $60.00 and gave the company a “market perform” rating in a research report on Monday. Seventeen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Fifth Third Bancorp presently has a consensus rating of “Moderate Buy” and an average price target of $60.20.
Check Out Our Latest Stock Analysis on FITB
Key Fifth Third Bancorp News Here are the key news stories impacting Fifth Third Bancorp this week:
Positive Sentiment: Bank of America raised its price target to $65 and kept a buy rating, signaling meaningful upside from current levels. Article Title Positive Sentiment: DA Davidson also lifted its target to $65 and reiterated a buy rating after Fifth Third’s strong quarter. Article Title Positive Sentiment: RBC raised its target to $62 with an outperform rating, adding to the bullish analyst sentiment around FITB. Article Title Positive Sentiment: Keefe, Bruyette & Woods increased its target to $60, signaling still-positive expectations even with a more neutral stance. Article Title Positive Sentiment: Fifth Third reported Q2 EPS of $1.02, ahead of the $0.95 consensus, with revenue also beating estimates, reinforcing the bank’s fundamental strength. Article Title Positive Sentiment: Fifth Third won Euromoney’s Best Bank Award in the United States, which may support its reputation and brand strength. Article Title Neutral Sentiment: Industry commentary on banks using fintech and embedded finance for deposits suggests a broader opportunity set, but it is not a direct company-specific catalyst. Article Title Neutral Sentiment: One article framed Comerica as a growth catalyst for Fifth Third, but the impact appears more strategic than immediately measurable. Article Title Neutral Sentiment: Unusually high options trading was noted, which can signal heightened investor attention but does not by itself explain the move. Article Title Positive Sentiment: A Zacks article highlighted Fifth Third as a strong dividend stock, which may appeal to income-focused investors. Article Title Fifth Third Bancorp Profile (Free Report)
Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.
On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.
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Fifth Third Bancorp (FITB) is upgraded to 'Buy' following the successful Comerica acquisition and robust Q2'26 earnings beat. FITB's net interest income surged 48% year-over-year, driven by Comerica integration and strong commercial & industrial loan growth. The Comerica merger positions FITB as the ninth-largest U.S. bank, with significant run-rate cost synergies and book value expansion potential.
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Fifth Third Bancorp (FITB - Free Report) is headquartered in Cincinnati, and is in the Finance sector. The stock has seen a price change of 23.93% since the start of the year. Currently paying a dividend of $0.40 per share, the company has a dividend yield of 2.76%. In comparison, the Banks - Major Regional industry's yield is 2.74%, while the S&P 500's yield is 1.33%.
Looking at dividend growth, the company's current annualized dividend of $1.60 is up 3.9% from last year. Over the last 5 years, Fifth Third Bancorp has increased its dividend 4 times on a year-over-year basis for an average annual increase of 7.84%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Fifth Third Bancorp's current payout ratio is 41%, meaning it paid out 41% of its trailing 12-month EPS as dividend.
Looking at this fiscal year, FITB expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $4.12 per share, with earnings expected to increase 13.50% from the year ago period.
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout.
High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, FITB is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
Fifth Third Bancorp delivered strong first post-Comerica-acquisition results, with net interest income up 15% and pretax income reaching $1.04B. FITB's net profit attributable to common shareholders was $763M, with EPS at $0.84 and a reduced payout ratio below 50%, supporting continued buybacks. Tangible book value per share stands at $23.15, but FITB trades at over twice this, making valuation less compelling despite accelerating earnings.
4.08pm: Weekly losses The three major US stock indexes all posted losses this week, weighed down by a tech selloff amid geopolitical uncertainty. The Nasdaq fell almost 3% this week, the S&P 500 was down more than 1.5% this week, the Dow Jones fell 1%.
For Friday’s session, the Nasdaq was down 1.4% at 25,520 points, the S&P 500 fell 1% to 7,457 points and the Dow Jones was down 0.8% at 52,146 points.
2:30pm: Market movers Travelers Companies Inc (NYSE:TRV) shares jumped more than 8% after the insurer reported second-quarter adjusted earnings that easily beat expectations, driven by lower catastrophe losses, stronger investment income and solid underwriting results. Intuitive Surgical shares fell about 11% even though the company beat second-quarter revenue expectations, as investors focused on slower US procedure growth and a cautious full-year outlook. SpaceX shares declined for a fifth straight session after a Starship test launch was automatically aborted just before liftoff because of an engine ignition issue, pushing the stock below its June IPO price. Netflix shares tumbled nearly 12% after the streaming company missed second-quarter revenue estimates and issued weaker-than-expected third-quarter guidance, raising concerns that its recent growth momentum is slowing. 1:00pm: All eyes on AMD event next week Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) (Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD), Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD)) hosts its Advancing AI 2026 event next week in San Francisco, its first dedicated AI day since June 2025 when it launched its MI350 series GPUs and previewed its Helios rack system.
Jefferies analysts expect AMD to raise its addressable market estimate for AI CPUs above $200 billion, topping the figure Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) (Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), Nvidia Corp (NASDAQ:NVDA, XETRA:NVD)) (Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) (Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), Nvidia Corp (NASDAQ:NVDA, XETRA:NVD))) gave in May. They are also watching for more detail on AMD's next-generation MI500 GPUs and scale-up roadmap, along with any new customer announcements.
Expectations center on a potential Anthropic announcement, with Jefferies noting reports that the AI company has been hiring engineers with ROCm experience, which they said suggests Anthropic is preparing to diversify its computing infrastructure.
11:55am: Stocks on track for negative week Global equity markets were pulled lower after tech stocks suffered their worst session since April last year, as renewed concerns about stretched valuations weighed on investor sentiment.
“Major US indices are heading for a weekly loss as the broad technology sell-off gathered pace, with stretched AI valuations and concerns over future spending dragging chipmakers lower, while SpaceX's slide below its IPO price underscored the market's waning appetite for high-growth names," IG's Axel Rudolph commented.
"US data was mixed with unexpectedly rising import prices, housing starts soaring to their highest level in three months and US industrial output growth coming in slightly weaker than expected while consumer sentiment topped forecasts."
10:55am: Netflix momentum slows Netflix's growth story is losing momentum.
Shares were trading over 8% lower Friday after the streaming giant missed second-quarter revenue estimates and guided below Street expectations for the third quarter, the clearest sign yet that its post-password-crackdown growth spurt is fading.
The company narrowly missed on revenue, posting $12.56 billion against Wall Street's $12.59 billion forecast, even as membership gains, price hikes and ad sales all moved in the right direction.
What spooked investors was the outlook: third-quarter revenue guidance of 11% constant-currency growth came in below the Street's 12% call, and full-year guidance was narrowed rather than raised.
Netflix now expects 2026 revenue of $51 billion to $51.4 billion, growth of 13% to 14%, with a 31.5% operating margin and roughly $12.5 billion in free cash flow. For the third quarter, it guided to revenue of $12.86 billion, a 33.2% operating margin and earnings per share of $0.82.
10:00am: Sell-off continues Wall Street opened Friday with a sharp sell-off in technology stocks, as investors weighed fresh concerns about AI valuations, mixed corporate earnings and the prospect of higher interest rates.
Just after the open, the Nasdaq fell to 25,351, down 531 points or 2.1%, while the S&P 500 slipped to 7,459, down 75 points or 1%. The Dow was more resilient, opening at 52,484, down 69 points or 0.1%.
Markets are also digesting a mixed batch of corporate news. Netflix shares dropped after the streaming giant posted mixed quarterly results and announced it would publish viewership data less frequently. Intuitive Surgical also came under pressure after its earnings report and guidance disappointed investors, while SpaceX shares slipped further below their IPO price following an aborted Starship launch.
Adding to the cautious mood, Federal Reserve Vice Chair Phillip Jefferson said the central bank may need to raise interest rates if inflation fails to cool, reviving concerns that borrowing costs could stay higher for longer.
According to Ipek Ozkardeskaya, senior analyst at Swissquote, investors are increasingly questioning whether AI-related stocks have become too expensive.
"Valuations across chipmakers have run ahead of themselves," she said, noting that many companies appear "priced to perfection" even as investors grow more concerned about AI overcapacity and the industry's heavy spending.
Investors will now turn their attention to a busy slate of US economic data, including June housing starts, industrial production and the University of Michigan's preliminary July consumer sentiment reading, for further clues on the health of the economy and the Fed's next move.
Ahead of the bell Wall Street looks set to be headed for the red with US stock futures falling on Friday, leaving the major indices on course for weekly losses as the semiconductor sell-off rolled on.
Dow Jones futures slipped 0.6%, and S&P 500 contracts dropped around 0.8%.
Nasdaq-100 futures were the weakest, down about 1.6%, after a soft Wall Street session and the launch of the world's most powerful open AI model by China's Moonshot.
Netflix shed more than 10% in premarket trading after third-quarter revenue guidance fell short, with the streaming group pointing to a "dynamic and competitive" entertainment landscape.
The tech-led rally from March lows has stalled as investors question the scale of corporate spending on artificial intelligence.
The PHLX Semiconductor Index tumbled over 4% on Thursday, and Japan's Nikkei 225 followed with a 4% fall.
Truist Financial and Fifth Third Bancorp (NASDAQ:FITB) close out the week's earnings, alongside the University of Michigan consumer sentiment reading.
Fifth Third Bancorp (FITB) Q2 2026 Earnings Call July 17, 2026 9:00 AM EDT
Company Participants
Matt Curoe - Senior Director of Investor Relations
Timothy Spence - Chairman, CEO & President
Bryan Preston - Executive VP & CFO
Conference Call Participants
Ebrahim Poonawala - BofA Securities, Research Division
Manan Gosalia - Morgan Stanley, Research Division
Ryan Nash - Goldman Sachs Group, Inc., Research Division
L. Erika Penala - UBS Investment Bank, Research Division
Gerard Cassidy - RBC Capital Markets, Research Division
Michael Mayo - Wells Fargo Securities, LLC, Research Division
John Pancari - Evercore ISI Institutional Equities, Research Division
Brian Foran - Truist Securities, Inc., Research Division
Benjamin Gerlinger - Citigroup Inc., Research Division
Kenneth Usdin - Bernstein Autonomous LLP
Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division
Presentation
Operator
Hello, everyone. Thank you for joining us, and welcome to the Fifth Third's Second Quarter Earnings Call. [Operator Instructions]
I will now hand the conference over to Matt Curoe, Director of Investor Relations. Please go ahead.
Matt Curoe
Senior Director of Investor Relations
Good morning, everyone. Welcome to Fifth Third's Second Quarter 2026 Earnings Call. This morning, our Chairman, CEO and President, Tim Spence; and CFO, Bryan Preston, will provide an overview of our second quarter results and outlook.
Please review the cautionary statements in our materials, which can be found in our earnings release and presentation. These materials contain information regarding the use of non-GAAP measures and reconciliations to the GAAP results as well as forward-looking statements about Fifth Third's performance. These statements speak only as of July 17, 2026, and Fifth Third undertakes no obligation to update them. Following prepared remarks by Tim and Bryan, we will open up the call for questions.
With that, let me turn it over to Tim.
Timothy Spence
Chairman, CEO & President
Good morning, everyone, and thank you for joining us. At Fifth
1:00pm: All eyes on AMD event next week Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) (Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD), Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD)) hosts its Advancing AI 2026 event next week in San Francisco, its first dedicated AI day since June 2025 when it launched its MI350 series GPUs and previewed its Helios rack system.
Jefferies analysts expect AMD to raise its addressable market estimate for AI CPUs above $200 billion, topping the figure Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) (Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), Nvidia Corp (NASDAQ:NVDA, XETRA:NVD)) (Nvidia Corp (Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), Nvidia Corp (NASDAQ:NVDA, XETRA:NVD))) gave in May. They are also watching for more detail on AMD's next-generation MI500 GPUs and scale-up roadmap, along with any new customer announcements.
Expectations center on a potential Anthropic announcement, with Jefferies noting reports that the AI company has been hiring engineers with ROCm experience, which they said suggests Anthropic is preparing to diversify its computing infrastructure.
11:55am: Stocks on track for negative week Global equity markets were pulled lower after tech stocks suffered their worst session since April last year, as renewed concerns about stretched valuations weighed on investor sentiment.
“Major US indices are heading for a weekly loss as the broad technology sell-off gathered pace, with stretched AI valuations and concerns over future spending dragging chipmakers lower, while SpaceX's slide below its IPO price underscored the market's waning appetite for high-growth names," IG's Axel Rudolph commented.
"US data was mixed with unexpectedly rising import prices, housing starts soaring to their highest level in three months and US industrial output growth coming in slightly weaker than expected while consumer sentiment topped forecasts."
10:55am: Netflix momentum slows Netflix's growth story is losing momentum.
Shares were trading over 8% lower Friday after the streaming giant missed second-quarter revenue estimates and guided below Street expectations for the third quarter, the clearest sign yet that its post-password-crackdown growth spurt is fading.
The company narrowly missed on revenue, posting $12.56 billion against Wall Street's $12.59 billion forecast, even as membership gains, price hikes and ad sales all moved in the right direction.
What spooked investors was the outlook: third-quarter revenue guidance of 11% constant-currency growth came in below the Street's 12% call, and full-year guidance was narrowed rather than raised.
Netflix now expects 2026 revenue of $51 billion to $51.4 billion, growth of 13% to 14%, with a 31.5% operating margin and roughly $12.5 billion in free cash flow. For the third quarter, it guided to revenue of $12.86 billion, a 33.2% operating margin and earnings per share of $0.82.
10:00am: Sell-off continues Wall Street opened Friday with a sharp sell-off in technology stocks, as investors weighed fresh concerns about AI valuations, mixed corporate earnings and the prospect of higher interest rates.
Just after the open, the Nasdaq fell to 25,351, down 531 points or 2.1%, while the S&P 500 slipped to 7,459, down 75 points or 1%. The Dow was more resilient, opening at 52,484, down 69 points or 0.1%.
Markets are also digesting a mixed batch of corporate news. Netflix shares dropped after the streaming giant posted mixed quarterly results and announced it would publish viewership data less frequently. Intuitive Surgical also came under pressure after its earnings report and guidance disappointed investors, while SpaceX shares slipped further below their IPO price following an aborted Starship launch.
Adding to the cautious mood, Federal Reserve Vice Chair Phillip Jefferson said the central bank may need to raise interest rates if inflation fails to cool, reviving concerns that borrowing costs could stay higher for longer.
According to Ipek Ozkardeskaya, senior analyst at Swissquote, investors are increasingly questioning whether AI-related stocks have become too expensive.
"Valuations across chipmakers have run ahead of themselves," she said, noting that many companies appear "priced to perfection" even as investors grow more concerned about AI overcapacity and the industry's heavy spending.
Investors will now turn their attention to a busy slate of US economic data, including June housing starts, industrial production and the University of Michigan's preliminary July consumer sentiment reading, for further clues on the health of the economy and the Fed's next move.
Ahead of the bell Wall Street looks set to be headed for the red with US stock futures falling on Friday, leaving the major indices on course for weekly losses as the semiconductor sell-off rolled on.
Dow Jones futures slipped 0.6%, and S&P 500 contracts dropped around 0.8%.
Nasdaq-100 futures were the weakest, down about 1.6%, after a soft Wall Street session and the launch of the world's most powerful open AI model by China's Moonshot.
Netflix shed more than 10% in premarket trading after third-quarter revenue guidance fell short, with the streaming group pointing to a "dynamic and competitive" entertainment landscape.
The tech-led rally from March lows has stalled as investors question the scale of corporate spending on artificial intelligence.
The PHLX Semiconductor Index tumbled over 4% on Thursday, and Japan's Nikkei 225 followed with a 4% fall.
Truist Financial and Fifth Third Bancorp (NASDAQ:FITB) close out the week's earnings, alongside the University of Michigan consumer sentiment reading.
Fifth Third Bancorp (FITB - Free Report) reported $3.28 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 46.1%. EPS of $1.02 for the same period compares to $0.90 a year ago.
The reported revenue represents a surprise of +0.88% over the Zacks Consensus Estimate of $3.25 billion. With the consensus EPS estimate being $0.98, the EPS surprise was +4.08%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fifth Third Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio (FTE): 64.3% versus the three-analyst average estimate of 57.5%.Net interest margin (FTE): 3.4% versus the three-analyst average estimate of 3.4%.Total nonperforming assets: $1.24 billion compared to the $1.01 billion average estimate based on two analysts.Regulatory Capital Ratios - Tier 1 risk-based Capital: 10.8% versus 10.9% estimated by two analysts on average.Return on average common equity: 9.5% compared to the 10.5% average estimate based on two analysts.Book value per share: $35.56 versus $35.79 estimated by two analysts on average.Average Balance - Total interest-earning assets: $264.99 billion versus $266.2 billion estimated by two analysts on average.Regulatory Capital Ratios - Leverage: 9.2% versus the two-analyst average estimate of 9.3%.Tangible book value per share (including AOCI): $23.15 versus the two-analyst average estimate of $24.17.Return on average assets: 1.1% compared to the 1.2% average estimate based on two analysts.Tangible common equity (including AOCI): 7.3% compared to the 7.4% average estimate based on two analysts.Net charge-off ratio (NCO ratio): 0.3% compared to the 0.3% average estimate based on two analysts.View all Key Company Metrics for Fifth Third Bancorp here>>>
Shares of Fifth Third Bancorp have returned +12.6% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Key Takeaways FITB posts Q2'26 adjusted EPS of $1.02, beating estimates, but shares fall nearly 3.1% in early trading.FITB's NII rises 48% and fee income grows 41%, while non-interest expenses surge 67% year over year.FITB slightly raises its 2026 NII outlook and projects sequential loan and revenue growth in Q3. Fifth Third Bancorp (FITB - Free Report) reported second-quarter 2026 adjusted earnings per share (EPS) of $1.02, which surpassed the Zacks Consensus Estimate of 98 cents. In the prior-year quarter, the company posted EPS of 88 cents.
Results benefited from solid growth in net interest income (NII) and fee income, along with higher loan and deposit balances. Lower provisions for credit losses also offered support. However, a substantial rise in non-interest expenses acted as a headwind. Given the concern, FITB shares declined nearly 3.1% in the early trading session. A full day’s trading session will depict a clearer picture.
Results excluded a negative 19-cent impact of certain items, including merger-related charges, securities repositioning losses, technology-related asset impairments, severance expenses and interchange litigation matters. After considering these, the company reported net income available to common shareholders (GAAP basis) of $763 million, up 29% year over year.
FITB’s Quarterly Revenues & Expenses RiseTotal quarterly revenues (FTE) in the reported quarter were $3.28 billion, which increased 46% year over year. The top line surpassed the Zacks Consensus Estimate of $3.25 billion.
Fifth Third’s NII (on an FTE basis) for the second quarter was $2.22 billion, up 48% year over year. This improvement primarily reflected the full-quarter contribution from Comerica. Organic loan production, continued fixed-rate asset repricing and disciplined liability management also aided growth.
The net interest margin (NIM) (on an FTE basis) increased to 3.36% from 3.12% in the year-ago quarter.
Non-interest income rose 41% year over year to $1.06 billion. The increase was primarily driven by higher wealth and asset management revenues, commercial payments revenues, consumer banking revenues, capital markets fees and commercial banking revenues, partly offset by a decline in mortgage banking net revenues.
Non-interest expenses surged 67% year over year to $2.11 billion. The increase was primarily due to a rise across all cost components and the inclusion of Comerica acquisition-related costs, including merger and integration expenses.
The efficiency ratio was 64.3%, higher than the year-ago quarter’s 56.2%. An increase in the ratio indicates a deterioration in profitability.
FITB’s Loans & Deposits Increase SequentiallyAs of June 30, 2026, portfolio loans and leases rose 1% to $178.5 billion from the previous quarter. Total deposits increased marginally from the prior quarter to $234.1 billion.
FITB’s Credit Quality: Mixed BagThe company reported a provision for credit losses of $129 million, down 25% from the year-ago quarter.
Total non-performing portfolio loans and leases were $1.04 billion, up from $853 million in the prior-year quarter. However, the non-performing loan ratio improved to 0.58% from 0.70% in the year-ago quarter.
Net charge-offs in the second quarter declined to $135 million or 0.30% of average loans and leases (on an annualized basis) from $139 million or 0.45% in the prior-year quarter.
The total allowance for credit losses rose 23% to $3.15 billion year over year. The allowance for credit losses represented 1.76% of portfolio loans and leases, down from 2.09% in the year-ago quarter.
Fifth Third’s Capital Position WeakensThe CET1 capital ratio was 9.93% compared with 10.58% in the year-ago quarter. The Tier 1 risk-based capital ratio was 10.81% compared with 11.85% in the prior-year quarter.
The leverage ratio declined to 9.20% from 9.42% in the year-ago quarter.
Fifth Third’s Q3 & 2026 GuidanceFor the third quarter of 2026, Fifth Third expects average loans and leases to rise 1% sequentially.
NII is projected to increase 2% to 2.5% from the second-quarter baseline of $2.22 billion, while non-interest income is expected to rise 1% to 3% from the baseline of $1.04 billion.
Adjusted non-interest expenses are expected to decline 1% to 2% sequentially from the second-quarter baseline of $1.86 billion. The net charge-off ratio is projected to be between 30 and 35 basis points, while the effective tax rate is expected to be 22.5%.
For 2026, Fifth Third narrowed its average loans and leases outlook to $174-$176 billion from the prior expectation of the mid-$170 billion range.
The company slightly raised its 2026 NII outlook to $8.74-$8.80 billion from the previous guidance of $8.7-$8.8 billion, driven by the assumption of a higher 4% federal funds rate at year-end 2026 compared with 3.75% previously.
The company now expects non-interest income of $4.06-$4.16 billion, compared with its prior outlook of $4-$4.2 billion.
Adjusted non-interest expense is now expected to be $7.22-$7.26 billion, compared with the prior outlook of $7.2-$7.3 billion, while the net charge-off ratio is still expected to be 30-40 basis points and the effective tax rate 22-23%.
Our Viewpoint on Fifth ThirdStrong growth in NII, driven by the full-quarter contribution from Comerica, organic loan production, fixed-rate asset repricing and disciplined liability management, supported top-line expansion. The company also witnessed solid growth in loans and deposits, reflecting improving business momentum.
Broad-based fee income growth and lower provisions were other positives. The decline in the net charge-off ratio also reflected strong credit performance. However, elevated expenses related to integration activities and the lower year-over-year capital ratios remain near-term concerns.
The Comerica acquisition (completed in February 2026) remains on track for integration, with systems conversion scheduled for Labor Day weekend. Fifth Third expects the conversion to unlock the full $850 million annualized expense synergy run rate in the fourth quarter of 2026.
Fifth Third Bancorp Price, Consensus and EPS SurpriseCurrently, Fifth Third carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other BanksM&T Bank Corporation (MTB - Free Report) reported second-quarter 2026 net operating earnings per share of $5.35, which beat the Zacks Consensus Estimate of $4.66. The bottom line compared favorably with earnings of $4.28 per share in the year-ago quarter.
MTB’s results were aided by higher NII and a rise in non-interest income on a year-over-year basis, along with loan growth. However, higher expenses acted as headwinds.
The PNC Financial Services Group, Inc. (PNC - Free Report) has delivered adjusted earnings per share of $4.85 in the second quarter of 2026, beating the Zacks Consensus Estimate of $4.51 and up from $3.85 a year ago.
Results reflected higher NII, strong fee income growth, an improvement in the NIM and solid loan growth. However, higher expenses and a decline in the deposit balance were headwinds for PNC.
MarketBeat Week in Review – 06/01 - 06/05Fifth Third Bancorp NASDAQ: FITB reported second-quarter 2026 earnings that management said showed early benefits from its merger with Comerica, with executives pointing to stronger profitability, deposit growth in newer markets and progress toward planned cost savings.
The Cincinnati-based bank reported earnings per share of $0.83, or $1.02 excluding certain items outlined in its earnings release, Chairman, CEO and President Tim Spence said on the company’s earnings call. Spence said Fifth Third’s tangible book value per share increased 10% year-over-year, 1% sequentially and 7% since the Comerica transaction was announced nine months ago.
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Fifth Third’s Big Bet Is On“While we are still in the middle of integration and not every metric is yet where it will be, our trajectory and long-term potential are visible in this quarter’s results,” Spence said.
Profitability Improves as Comerica Integration Advances Fifth Third said adjusted return on tangible common equity improved to 19%, adjusted return on assets rose to 1.3% and the adjusted efficiency ratio improved to 57%. Spence said those results came even though most of the expected expense synergies from the Comerica deal have not yet been captured.
MarketBeat Week in Review – 01/19 - 01/23CFO Bryan Preston said second-quarter net interest income was $2.22 billion, while net interest margin expanded six basis points sequentially to 3.36%. Preston attributed three basis points of the margin expansion to the additional month of Comerica results, with the remainder coming from fixed-rate asset repricing, loan growth and deposit performance.
Preston said total adjusted non-interest expense was $1.86 billion, better than the company expected, as Fifth Third realized synergy benefits ahead of schedule. The quarter included $203 million in merger-related charges. The bank remains on track to deliver $850 million of annualized run-rate expense synergies in the fourth quarter, with systems conversion scheduled for Labor Day weekend.
Spence said in response to an analyst question that the company is “running a good bit ahead” of the $850 million synergy target, but added that management’s current plan is to redeploy savings above that level into revenue growth opportunities if the operating environment remains supportive.
Deposit Growth Led by Consumer and Southwest Markets Management highlighted deposit growth as a key theme in the quarter. Spence said end-of-period consumer and small business deposits increased 4% sequentially, driven by new customer acquisition. In the Southeast, consumer checking households grew 7% year-over-year, which Spence said was about four times the rate of underlying market growth.
In Comerica’s Texas, Arizona and California markets, checking households grew 4%, which Spence said marked the first net new household growth in several years. Those markets added $2.5 billion in deposits, more than double the $1 billion expectation management discussed on the prior earnings call.
Preston said average core deposits were $229 billion in the quarter, while period-end core deposits were $231 billion. Consumer deposits grew nearly $5 billion, offsetting an intentional reduction in higher-cost non-relationship deposits and normal commercial seasonality. Average non-interest-bearing balances were 28% of core deposits, up from 25% a year earlier.
Deposit costs declined during the quarter. Preston said total deposit costs fell four basis points sequentially to 1.54%, while interest-bearing deposit costs declined two basis points. He described the consumer deposit market as competitive and said it is becoming more expensive to grow deposits, but said Fifth Third continues to manage overall deposit costs through pricing and mix.
Loan Growth Broad-Based, Credit Trends Improve Period-end portfolio loans totaled $179 billion, up 1% sequentially. Preston said commercial loans rose $2 billion, or 2%, with production across middle market and corporate banking. Commercial line utilization was stable at 40.8%.
Spence said C&I loan growth was supported by both legacy Fifth Third and Comerica markets, with growth in Texas, California, Michigan and several specialty verticals, including environmental services, dealer services, and tech and life sciences. He said confidence among commercial clients improved broadly during the quarter, with demand stable and, in some cases, improving.
Consumer loan growth was led by home equity. Preston said home equity balances rose 3% sequentially, and Fifth Third was the No. 1 originator of home equity lines across its legacy footprint. He said the product maintained disciplined credit characteristics, with an average FICO score of 774 and a loan-to-value ratio of 63%.
Credit trends improved during the quarter. Preston said the net charge-off ratio fell seven basis points sequentially to 30 basis points, the lowest level since the second quarter of 2023. Commercial net charge-offs were 21 basis points, while consumer net charge-offs were 53 basis points. Non-performing assets were relatively stable, and commercial criticized assets declined during the quarter.
Fee Businesses Reach Milestones Fifth Third reported adjusted non-interest income of $1.04 billion, excluding security gains and other items. Management emphasized strength across wealth and asset management, commercial payments and capital markets.
Wealth and asset management revenue was $256 million, with total assets under management of $128 billion. Commercial payments revenue was $254 million, led by NewLine and core treasury services. NewLine fee revenue increased 35% year-over-year. Capital markets fees were $154 million, an annualized pace of about $600 million. Spence said commercial payments and wealth and asset management each reached a more than $1 billion annualized fee run rate during the quarter. He also said Fifth Third shipped the first Direct Express cards on its new platform, with 66,000 new beneficiaries and all participating federal agencies now live.
Guidance Raised for Net Interest Income and Fees Fifth Third raised its full-year net interest income guidance to a range of $8.74 billion to $8.8 billion. Preston said the outlook reflects the forward curve at the end of June, which assumed a 25-basis-point rate hike in September, as well as securities repositioning and new forward-starting received fixed swaps.
The company refined its average loan guidance to $174 billion to $176 billion, noting that the full-year average will include only 11 months of Comerica. Fifth Third also raised and narrowed full-year non-interest income guidance to $4.06 billion to $4.16 billion and lowered and narrowed full-year non-interest expense guidance to $7.22 billion to $7.26 billion, excluding acquisition-related charges.
For the third quarter, Fifth Third expects net interest income to grow 2% to 2.5% from the second quarter, average loans to rise about 1%, adjusted non-interest income to increase 1% to 3% and adjusted non-interest expense to decline 1% to 2%.
Preston said the bank’s common equity Tier 1 ratio ended the quarter at 9.93%, up four basis points sequentially. He said Fifth Third expects to resume regular quarterly share repurchases in the second half of the year, with a smaller amount in the third quarter and a more normalized pace of $200 million to $300 million per quarter in the fourth quarter.
“The second quarter turned the integration thesis into results,” Preston said. “The earnings power of the combined company isn’t a forecast anymore.”
About Fifth Third Bancorp (NASDAQ:FITB)Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.
On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Fifth Third Bancorp (NASDAQ:FITB) shares are sliding on Friday despite posting second-quarter earnings beat. Here’s what you need to know.
Fifth Third Bancorp stock is under selling pressure. Why is FITB stock trading lower? Fifth Third Beats Estimates but Integration Costs Weigh on SentimentThe bank reported adjusted earnings of $1.02 per diluted share for the second quarter, topping the analyst consensus of 95 cents by 7.4% and marking a 13% improvement from the 90 cents delivered in the same period a year ago.
Revenue of $3.28 billion beat the $3.25 billion consensus by 0.89% and came in 45.7% above the year-ago figure, with much of that increase attributable to the addition of Comerica for a full quarter.
Net Interest Income Surges as Margin ExpandsNet interest income on a fully taxable-equivalent basis reached $2.22 billion, a 14% sequential increase and a 48% jump from the second quarter of 2025, driven primarily by the full-quarter inclusion of Comerica alongside organic loan production and continued fixed-rate asset repricing. Net interest margin expanded six basis points sequentially to 3.36%, aided by higher earning asset yields and disciplined deposit pricing.
Credit Quality Reaches its Best Level Since Mid-2023The credit picture was one of the cleaner elements of the quarter. The net charge-off ratio fell to 0.30%, the lowest reading since the second quarter of 2023 and down from 0.37% in the prior quarter and 0.45% a year earlier. The provision for credit losses dropped 43% sequentially to $129 million as charge-off trends improved broadly.
The nonperforming asset ratio ticked up slightly to 0.60% from 0.57% in the first quarter.
Integration on Track With Systems Conversion Set for Labor DayCEO Tim Spence said the Comerica integration remains on schedule with a systems conversion planned for Labor Day weekend, which the company described as the final step needed to capture the full run-rate of expected cost synergies. Revenue synergies are beginning to materialize across the expanded footprint with the deposit campaign in Comerica’s Southwest markets exceeding internal targets.
The bank surpassed $300 billion in total assets during the quarter formally crossing the threshold into Category III institution status. Year-to-date merger-related charges represent approximately 65% of the expected full-year total, suggesting the heaviest integration costs are now largely behind the company.
FITB Shares Are DippingFITB Price Action: Fifth Third shares were down 2.32% at $57.99 at the time of publication on Friday. The stock is approaching its 52-week high of $59.50, according to Benzinga Pro.
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CINCINNATI--(BUSINESS WIRE)--Fifth Third (NYSE: FITB) has been named the United States' Best Bank in the Euromoney Awards for Excellence 2026, a global program recognizing banks for performance, innovation, client service and long-term impact. The recognition reflects Fifth Third's transformation into a stronger, more diversified franchise. Following its merger with Comerica, Fifth Third is now the ninth-largest US bank, with greater scale, expanded growth opportunities, and additional capacity.
Fifth Third Bancorp reported a rise in second-quarter profit on Friday, helped by higher net interest income and fee growth in capital markets and wealth management businesses.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB): Key Financial Data Key Highlights $ in millions for all balance sheet and income statement items 2Q26 1Q26 2Q25 Stability: Strong credit performance. Net charge-offs(b) of 30 bps in 2Q26, the lowest level since 2Q23 Interest-bearing deposit costs decreased 2 bps sequentially to 2.13% Tangible common equity(a) increased 43 bps year-over-year Profitability: Net interest margin(a) e.
Ora Banda Mining Ltd (ASX:OBM, OTC:ESGFF) has closed FY2026 with record quarterly gold production, strong cash flow and a larger resource base.
The company produced 39,552 ounces in the June quarter. Full-year output reached 140,949 ounces, meeting guidance despite wet weather late in the period.
Ora Banda ended June with A$267.7 million in cash. Total available liquidity stood at A$468 million, including an undrawn A$200 million corporate facility.
Half yearly ounce production (including attributable ounces).
Record production and sales Gold sales reached a record 39,421 ounces for the quarter.
This included 26,468 ounces from the Davyhurst plant and 12,953 attributable equivalent ounces from third-party processing at Paddington.
The Paddington ore sale agreement has been extended to October 20, 2026. It gives Ora Banda added processing capacity while its new plant is built.
Davyhurst processed 328,808 tonnes at 2.7 g/t gold. It produced 26,599 ounces at a recovery rate of 92%.
Full-year production from the Davyhurst plant was 106,670 ounces. Third-party processing added 34,279 attributable equivalent ounces.
First ore reached at Waihi OP in the quarter.
Costs rise in June quarter All-in sustaining costs rose to A$3,870 per ounce.
The increase reflected third-party processing, higher diesel prices and weather disruptions. Road closures also affected production late in the quarter.
Full-year AISC was A$3,496 per ounce. This was 4% above the top of guidance.
Ora Banda realised an average gold price of A$6,243 per ounce in the quarter. Net gold revenue was A$246.1 million.
Full-year net gold revenue reached A$867.2 million.
Cash flow supports growth Operating cash flow reached A$121 million in the quarter.
Ora Banda generated A$36 million in net cash after investing A$76.6 million in development and growth projects.
Full-year net cash generation was A$183.5 million.
Managing director Luke Creagh said the result strengthened the company’s growth platform.
“The business has more than A$468 million of liquidity to fund capital projects as we target a doubling of production and a step-change down in unit costs by FY29,” he said.
Quarterly Cash Movement.
Underground mines lift output Sand King underground delivered 310,617 tonnes at 2.6 g/t gold for 26,410 ounces.
That represented a 42% rise in ore mined and a 37% increase in ounces from the previous quarter.
Riverina underground produced 180,748 tonnes at 2.9 g/t for 17,056 ounces.
At Waihi, open-pit mining ramped up. First ore was reached near quarter-end. The operation produced 8,300 tonnes at 1.2 g/t for 328 ounces.
Quarterly mined ounces by source (including Low Grade).
Resources and reserves expand Group mineral resources increased by 75% to 3.69 million ounces.
Ore reserves rose by 159% to 610,000 ounces.
Round Dam was the main driver. Its resource increased to 1.33 million ounces.
Waihi resources rose to 482,000 ounces. Riverina increased to 689,000 ounces. Sand King reached 363,000 ounces.
The reserve base now includes maiden reserves of 101,000 ounces at Waihi underground and 223,000 ounces at Round Dam.
Sand King reserves increased to 125,000 ounces. Riverina reserves reached 100,000 ounces.
‘DRIVE to 300’ advances Ora Banda’s ‘DRIVE to 300’ plan aims to roughly double production by FY2029.
The centrepiece is a new 3 million-tonne-per-year processing plant at Davyhurst. The plant is expected to cost A$375 million.
GR Engineering Services holds the A$233 million EPC contract. Site works are underway. Commissioning is planned for the March quarter of FY2028.
Waihi underground development has also been approved. The project has a capital cost of A$90 million.
The portal is due to be established in the December quarter of FY2027. Steady-state production is expected by the September quarter of FY2028.
What’s ahead Ora Banda has guided to FY2027 production of 125,000 to 140,000 ounces.
AISC is expected to range from A$3,400 to A$3,600 per ounce.
Growth capital spending is forecast at A$425 million. This includes A$240 million for the new plant, A$70 million for infrastructure, A$40 million for Waihi underground and A$75 million for exploration.
Exploration will continue at Waihi, Round Dam, Riverina, Sand King and Little Gem.
A maiden resource for Little Gem is expected in the first half of FY2027. A final investment decision on Round Dam is targeted for late FY2027.
Key Takeaways Fifth Third's Q2 2026 earnings are estimated at 98 cents per share, up 8.9% year over year. Revenues are projected at $3.25 billion, reflecting 44.8% growth from the prior-year quarter. Higher NII and loan growth may support results, while elevated expenses remain a headwind. Fifth Third Bancorp (FITB - Free Report) is scheduled to report second-quarter 2026 results on July 17, before the opening bell. Quarterly earnings and revenues are expected to have registered year-over-year growth in the to-be-reported quarter.
In the last reported quarter, the bank’s earnings missed the Zacks Consensus Estimate. Its results were affected by an increase in expenses and higher provisions for credit losses. Nonetheless, growth in net interest income (NII) and fee income acted as tailwinds. Higher loan and deposit balances also provided some support.
This Cincinnati, OH-based lender has an impressive earnings surprise history. Its earnings beat estimates in three of the trailing four quarters and missed once, with an average surprise of 4%.
Factors Likely to Impact FITB’s Q2 Performance Loans & NII: Per the Federal Reserve’s latest data, demand for commercial and industrial and consumer loans was decent in the second quarter of 2026, while real estate loan demand was relatively modest. Hence, a stable rate environment and decent loan demand are expected to have supported the company’s lending activity and growth in average interest-earning assets in the to-be-reported quarter.
The Zacks Consensus Estimate for average interest-earning assets of $266.2 billion for the second quarter indicates an 11.9% rise from the prior quarter’s actual.
Management expects average loans and leases (including held-for-sale loans) to be between $178 billion and $179 billion in the second quarter, up from $158.3 billion in the prior quarter.
In the second quarter of 2026, the Fed kept interest rates unchanged at 3.50-3.75%. The Fed further noted that economic activity continued to expand at a solid pace despite elevated uncertainty, while inflation remained above its 2% target. Against this backdrop, the company’s NII is expected to have improved in the to-be-reported quarter.
Fifth Third expects NII to be between $2.20 billion and $2.25 billion, up from $1.94 billion in the prior quarter.
The Zacks Consensus Estimate for the metric is in line with the company’s guidance.
Non-Interest Revenues: Global mergers and acquisitions (M&A) activity moderated in the second quarter of 2026 as geopolitical uncertainty, elevated inflation, a persistent backlog of private equity exits and higher interest rates continued to weigh on deal-making. Nevertheless, M&A volumes improved year over year, although deal values declined. The increase in deal volumes is likely to have supported advisory activity, benefiting FITB’s commercial banking revenues in the to-be-reported quarter.
Nevertheless, higher M&A deal volumes are likely to have supported advisory and capital markets fees, benefiting the company's commercial banking revenues.
The Zacks Consensus Estimate for commercial banking revenues is pegged at $119.2 million, indicating a 13.5% sequential rise.
Mortgage activity remained challenging in the second quarter of 2026, with mortgage rates hovering around the mid-6.5% range and affordability remaining strained. While purchase activity continued to face pressure from inventory constraints, refinancing activity improved modestly. As such, FITB's mortgage banking income is likely to have improved in the to-be-reported quarter.
The Zacks Consensus Estimate for mortgage banking income is pegged at $50.5 million, indicating a 14.8% increase from the prior quarter’s reported figure.
The Zacks Consensus Estimate for wealth and asset management revenues is pegged at $260.8 million, indicating an 11.9% increase from the prior quarter’s actual level.
Management expects non-interest income to be between $1 billion and $1.06 billion in the second quarter, up from $895 million in the prior quarter.
The Zacks Consensus Estimate for non-interest income is pegged at $1 billion, which indicates a 15.2% sequential rise.
Expenses: FITB’s expenses are expected to have remained elevated in the second quarter of 2026 due to continued investments in technology and initiatives aimed at enhancing customer experience. Also, ongoing growth initiatives are likely to have kept the company’s cost base elevated during the quarter.
Management projects non-interest expenses to be between $1.87 billion and $1.89 billion in the second quarter of 2026, compared with $1.77 billion in the prior quarter.
Asset Quality: Despite persistent inflation and geopolitical uncertainty stemming from the Middle East conflict, the stable interest-rate environment and resilient economic activity are expected to have supported Fifth Third's asset quality in the second quarter of 2026. As such, the company is less likely to have maintained elevated reserves during the quarter.
The Zacks Consensus Estimate for non-performing assets is pegged at $1 billion, representing an 11.1% decline from the prior quarter's reported figure.
What the Zacks Model Reveals for FITB Our proven model does not conclusively predict an earnings beat for Fifth Third this time around. The combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here.
FITB’s Earnings ESP: The Earnings ESP for Fifth Third is -0.61%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Zacks Rank of Fifth Third: The company currently carries a Zacks Rank of 3.
The Zacks Consensus Estimate for FITB’s second-quarter earnings has remained unchanged at 98 cents per share over the past seven days. The figure indicates an increase of nearly 8.9% from the year-ago quarter.
The consensus estimate for second-quarter revenues is pegged at $3.25 billion, suggesting a rise of 44.8% from the year-ago reported figure.
Stocks That Warrant a Look Here are some bank stocks that you may want to consider, as our model shows that these have the right combination of elements to post earnings beats this time around.
The Earnings ESP for Webster Financial Corporation (WBS - Free Report) is +3.46% and carries a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The company is slated to report second-quarter 2026 results on July 21. Over the past seven days, the Zacks Consensus Estimate for WBS' quarterly earnings has remained unchanged at $1.61 per share.
Northern Trust Corporation (NTRS - Free Report) is scheduled to announce quarterly numbers on July 22. The company has an Earnings ESP of +0.50% and carries a Zacks Rank #2 at present.
Quarterly earnings estimates for NTRS have been revised upward to $2.68 per share over the past week.
Fifth Third Bancorp (NYSE:FITB) will release its second quarter earnings report before the opening bell on Friday, July 17.
Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings of 84 cents per share, down from 88 cents per share in the year-ago period. The consensus estimate for Fifth Third Bancorp’s quarterly revenue is $3.25 billion. It reported $2.25 billion last year, according to Benzinga Pro.
On June 17, Fifth Third announced the launch of an AI‑powered experience within its mobile app.
Shares of Fifth Third Bancorp fell 0.2% to close at $57.05 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying FITB stock? Here’s what analysts think:
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CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank (NYSE: FITB) has been named Best Treasury and Cash Management Bank in the United States by Global Finance as part of the publication's 2026 Treasury and Cash Management Awards. The recognition reflects Fifth Third's capabilities in helping businesses manage liquidity, optimize working capital and move money securely and efficiently across their operations. In addition to national award, Fifth Third was recognized regionally in the Midwest and Southe.
Fifth Third Bank (NYSE: FITB) has been named Best Treasury and Cash Management Bank in the United States by Global Finance as part of the publication's 2026 Tr
Wall Street heads into one of its busiest weeks of the summer, with second-quarter earnings season shifting into high gear alongside key inflation data and closely watched testimony from Federal Reserve Chair Kevin Warsh.
The week kicks off with a flood of bank earnings. JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup and Wells Fargo report on Tuesday, offering investors an early read on loan growth, investment banking activity, consumer health and the impact of higher interest rates.
Morgan Stanley (NYSE:MS) and Bank of New York Mellon follow on Wednesday, while Regions Financial and Fifth Third Bancorp (NASDAQ:FITB) report Friday.
Technology investors will also be watching closely as AI heavyweights take the spotlight. ASML reports Wednesday, followed by Taiwan Semiconductor Manufacturing Co. (TSMC) and Netflix on Thursday.
Beyond earnings, investors will be parsing a packed economic calendar. Tuesday's Consumer Price Index (CPI) report and Wednesday's Producer Price Index (PPI) are expected to shape expectations for the Fed's next policy move. Warsh will deliver his semiannual testimony before Congress on Tuesday and Wednesday, while the Fed's Beige Book, released Wednesday, will provide an updated snapshot of economic conditions across the country.
Economists expect June inflation to cool as lower gasoline prices offset price pressures elsewhere. "Taken together, June's CPI report should point to some slowing in underlying inflation," Wells Fargo said, adding that "the broader data do not suggest inflation pressures are re-accelerating across the economy."
Retail sales data due Thursday will offer another gauge of the health of the U.S. consumer. Wells Fargo expects lower gasoline prices to weigh on headline sales but noted that underlying consumer spending has remained resilient this year, even as household finances show signs of becoming more stretched.
Investors will also be keeping a close eye on developments in the Middle East after renewed tensions between the United States and Iran pushed oil prices higher and slowed commercial shipping through the Strait of Hormuz.
"This week will be a test to see if the continued skirmishes between the US and Iran can be absorbed by financial markets without causing major damage," Kathleen Brooks, research director at XTB said.
While Brent crude has climbed, Brooks noted that "the prevailing view is that the current situation will not evolve into another full-scale war," helping keep oil prices below the $80-a-barrel mark.
The renewed geopolitical uncertainty has weighed on semiconductor stocks, but Brooks believes earnings could ultimately have the bigger impact on markets.
"With geopolitical risks rising once more, the focus for investors will be earnings season," she said.
"Analysts remain upbeat on the earnings outlook, which could be why US stocks managed to eke out gains last week."
The market expects Fifth Third Bancorp (FITB - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 17. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis company is expected to post quarterly earnings of $0.98 per share in its upcoming report, which represents a year-over-year change of +8.9%.
Revenues are expected to be $3.25 billion, up 44.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.44% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Fifth Third Bancorp?For Fifth Third Bancorp, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.61%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Fifth Third Bancorp will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Fifth Third Bancorp would post earnings of $0.84 per share when it actually produced earnings of $0.83, delivering a surprise of -1.19%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Fifth Third Bancorp doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerU.S. Bancorp (USB - Free Report) , another stock in the Zacks Banks - Major Regional industry, is expected to report earnings per share of $1.28 for the quarter ended June 2026. This estimate points to a year-over-year change of +15.3%. Revenues for the quarter are expected to be $7.62 billion, up 8.7% from the year-ago quarter.
The consensus EPS estimate for U.S. Bancorp has been revised 0.9% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +0.34%.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that U.S. Bancorp will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
