Track market-moving stories before they get noisy

Fifth Third Bancorp delivered strong Q3 results, with net income rising to $866M and EPS of $0.91. FITB guides for Q4 net interest income growth of 2.5-3.5%, adjusted non-interest income up 2-4%, and expenses down 2-3%. Series K preferred (FITB.PR.K) offers a 7.25% stripped yield and capital gain potential if rates decline, with minimal call risk.

33.37K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of USB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Fifth Third Bancorp ( FITB ) Q3 2026 Earnings Call October 19, 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 Ryan Nash - Goldman Sachs Group, Inc., Research Division Robert Scott Siefers - TD Cowen, Research Division Manan Gosalia - Morgan Stanley, Research Division Ebrahim Poonawala - BofA Securities, Research Division Gerard Cassidy - RBC Capital Markets, Research Division Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Michael Mayo - Wells Fargo Securities, LLC, Research Division L. Erika Penala - UBS Investment Bank, Research Division John Pancari - Evercore ISI Institutional Equities, Research Division Presentation Operator Hello, everyone.

Wintrust: A Quiet Regional Bank Posting Loud ResultsFifth Third Bancorp NASDAQ: FITB reported third-quarter earnings per share of $0.90, or $1.13 excluding certain items, as the regional bank completed the technical conversion tied to its acquisition of Comerica and continued to post loan and deposit growth.

Chairman, CEO and President Tim Spence said the Labor Day weekend conversion represented the largest and most complex integration in the company’s 168-year history. The bank onboarded about 600,000 accounts and 293 banking centers while decommissioning 82 locations, following more than 4 million employee hours of conversion preparation, he said.

Get Fifth Third Bancorp alerts:

MarketBeat Week in Review – 06/01 - 06/05Adjusted pre-provision net revenue increased 8% from the second quarter to $1.5 billion. Adjusted revenue rose 2% sequentially while adjusted expenses fell 2%, aided by expense-synergy realization. Fifth Third said adjusted return on tangible common equity was 20.6%, adjusted return on assets was 1.41%, and its adjusted efficiency ratio was 54.6%.

Integration advances and fourth-quarter outlook CFO Bryan Preston said the Labor Day conversion was the final major technical-integration step and that the remaining expense savings from the Comerica transaction are expected to emerge in the fourth quarter. He said the company had delivered on its $850 million synergy target and had exceeded that amount on a gross basis, reaching the “low 900s,” while reinvesting some savings into marketing and hiring.

Fifth Third’s Big Bet Is OnFifth Third recorded $215 million in merger-related charges during the quarter, primarily associated with systems conversion, bringing year-to-date merger-related charges to about $1.1 billion. The company continues to expect about $1.3 billion in total merger-related charges, with substantially all remaining charges expected in the fourth quarter.

For the fourth quarter, Fifth Third expects:

Average loan growth of 1% to 2% sequentially, led by commercial lending. Net interest income growth of 2.5% to 3.5% sequentially. Adjusted non-interest income growth of 2% to 4%. Adjusted non-interest expense to decline 2% to 3%. Adjusted PPNR growth of 9% to 10% from the third quarter. Net charge-offs of 30 to 35 basis points. Preston said the fourth-quarter outlook assumes the forward curve at the start of October, including a 25-basis-point interest-rate increase in December. The company expects fourth-quarter net interest margin to be at or above 3.40%.

Fifth Third expects its 2026 exit-rate profitability to meet or exceed the 19% ROTCE and 53% efficiency-ratio targets it outlined when announcing the Comerica deal. The bank plans to provide a full 2027 outlook with fourth-quarter results in January.

Loans, deposits and interest income Net interest income rose $56 million sequentially to $2.28 billion, driven by organic loan growth, investment portfolio activity and repricing of fixed-rate assets. Net interest margin declined 2 basis points to 3.34%, though Preston said it would have increased about 2 basis points excluding elevated cash related to the conversion of Comerica investment-sweep products onto the balance sheet.

Fifth Third added $2.5 billion to its held-to-maturity securities portfolio at an average yield of 4.9% and added $7 billion of receive-fixed cash-flow hedges during the quarter. The actions were intended to reduce some of the bank’s asset sensitivity following higher market rates, though management said the balance sheet remains asset sensitive and could benefit from further rate increases.

Average portfolio loans rose 1% sequentially to $179 billion, while period-end loans reached $180 billion. Commercial loan growth was concentrated in commercial and industrial lending and construction. Preston said commercial loan production was double the level recorded a year earlier, with broad-based activity across regions and industry verticals.

Average core deposits increased 3% sequentially to $236 billion. The migration of Comerica investment sweeps onto the balance sheet contributed $3 billion of deposits. Average non-interest-bearing deposits increased slightly and represented 27% of core deposits.

Consumer deposit growth was 5% sequentially in the Southeast and 23% in the Southwest. At Sept. 30, the Southwest represented 10.4% of consumer deposits, up from 7.6% at the end of the first quarter. Total deposit costs increased 9 basis points sequentially to 1.64%, reflecting retail promotional pricing and the investment-sweep migration.

Spence said Fifth Third ranked first in its retail footprint and third nationally for year-over-year retail-deposit growth using a capped-branch deposit methodology. In Dallas and Houston, retail deposits increased more than 20% year over year, and the bank gained more than 40 basis points of market share, he said.

Texas expansion and revenue opportunities Management highlighted Texas as a major expansion opportunity following the Comerica acquisition. Fifth Third now ranks seventh in Dallas and eighth in Houston, according to Spence, before the planned opening of 150 de novo branches in Texas over the next three years. The first Texas de novo branch is expected to open in the third quarter of 2027.

Spence said the company added roughly 80 to 85 middle-market relationships in Texas since the acquisition closed on Feb. 1. He attributed the pace to additional lending capacity and a broader product set, including equipment leasing, capital-markets products and commercial payments.

Fifth Third also formally launched Innovation Banking, which combines Comerica’s technology and life-sciences business with Fifth Third’s payments, digital, investment banking and wealth-management capabilities. The bank expects the business to represent a $10 billion deposit opportunity by 2030, in addition to other potential revenue sources.

Adjusted non-interest income totaled $1.05 billion, increasing 1% sequentially and 33% from the prior year. Growth in wealth, commercial banking and mortgage revenue offset a 5% decline in capital-markets fees, which fell to $147 million as lower merger-and-acquisition advisory and loan-syndication activity outweighed higher corporate-bond fees.

Credit quality and capital Credit performance remained stable, with net charge-offs of $139 million, or 31 basis points, up 1 basis point from the prior quarter. The nonperforming loan ratio increased 1 basis point to 59 basis points. The nonperforming asset ratio increased 4 basis points to 64 basis points, though Fifth Third said most of the increase reflected $58 million of consolidated branch and corporate real estate tied to the merger.

The allowance for credit losses was $3.1 billion, or 1.74% of portfolio loans, down 2 basis points sequentially. Management said it remains cautious toward consumer-discretionary businesses, interest-rate-sensitive borrowers, leveraged lending and unproven asset classes. Private-credit exposure represented less than 1% of total loans at quarter-end.

Common equity tier 1 capital ended the quarter at 10%, up 9 basis points and within the company’s 10% to 10.5% operating range. Fifth Third deferred a small share repurchase that had been planned for September due to the sharp increase in longer-term rates, but expects to repurchase $200 million to $300 million of stock in the fourth quarter depending on organic loan-growth levels. The company also raised its quarterly common dividend 5% to $0.42 per share in September.

About Fifth Third Bancorp (NASDAQ:FITB)Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Its principal subsidiary, Fifth Third Bank, provides banking and financial services to individuals, businesses, government entities and institutional clients.

The company's offerings include checking and savings accounts, consumer and commercial lending, mortgages, credit and debit cards, treasury management, cash management and payment-processing services. Through its wealth and asset management businesses, Fifth Third also provides investment management, brokerage, trust, private banking and financial planning services.

Fifth Third primarily serves customers across the Midwest and Southeast, with a branch and banking-center network spanning states including Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee and West Virginia.

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].

Should You Invest $1,000 in Fifth Third Bancorp Right Now?Before you consider Fifth Third Bancorp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fifth Third Bancorp wasn't on the list.

While Fifth Third Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.

Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.

Get This Free Report

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

For the quarter ended September 2026, Fifth Third Bancorp (FITB - Free Report) reported revenue of $3.28 billion, up 42.7% over the same period last year. EPS came in at $1.13, compared to $0.93 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $3.34 billion, representing a surprise of -1.74%. The company delivered an EPS surprise of +3.67%, with the consensus EPS estimate being $1.09.

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:

Net interest margin (FTE): 3.3% versus 3.4% estimated by five analysts on average.Efficiency Ratio (FTE): 62.4% versus the five-analyst average estimate of 54.9%.Book value per share: $34.31 compared to the $35.55 average estimate based on four analysts.Net charge-off ratio (NCO ratio): 0.3% versus the four-analyst average estimate of 0.3%.Tangible common equity (including AOCI): 6.9% versus 7.3% estimated by four analysts on average.Tangible book value per share (including AOCI): $22.01 compared to the $23.53 average estimate based on four analysts.Return on average assets: 1.1% compared to the 1.2% average estimate based on three analysts.Regulatory Capital Ratios - Tier 1 risk-based Capital: 10.9% compared to the 10.9% average estimate based on three analysts.Regulatory Capital Ratios - Leverage: 9.2% compared to the 9.2% average estimate based on three analysts.Regulatory Capital Ratios - CET1 Capital: 10% versus 10% estimated by three analysts on average.Average Balance - Total interest-earning assets: $270.02 billion compared to the $269.77 billion average estimate based on three analysts.Regulatory Capital Ratios - Total risk-based Capital: 12.5% compared to the 12.5% average estimate based on two analysts.View all Key Company Metrics for Fifth Third Bancorp here>>>

Shares of Fifth Third Bancorp have returned -4.8% over the past month versus the Zacks S&P 500 composite's +1.5% 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 Fifth Third's Q3'26 adjusted EPS of $1.13 beat the $1.09 estimate, rising from 93 cents a year ago.FITB's NII jumped 49% y/y to $2.28 billion, driven by Comerica, while fee income rose 29% to $1.01 billion.FITB's expenses surged 62% y/y, while lower credit loss provisions and higher loan balances offered support. Fifth Third Bancorp (FITB - Free Report) reported third-quarter 2026 adjusted earnings per share (EPS) of $1.13, which surpassed the Zacks Consensus Estimate of $1.09. In the prior-year quarter, the company posted adjusted EPS of 93 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 year-over-year rise in non-interest expenses acted as a headwind.

Results excluded a negative 23-cent impact of certain items, including merger-related charges, interchange litigation matters and technology-related asset impairments. After considering these, the company reported net income available to common shareholders (GAAP basis) of $828 million, up 36% year over year.

FITB’s Quarterly Revenues & Expenses RiseTotal quarterly revenues (FTE) in the reported quarter were $3.28 billion, which increased 42% year over year. The top line missed the Zacks Consensus Estimate of $3.34 billion.

Fifth Third's NII (on an FTE basis) for the third quarter was $2.28 billion, up 49% year over year. This improvement primarily reflected the addition of Comerica. Continued fixed-rate asset repricing and balance sheet management also aided growth.

The net interest margin (NIM) (on an FTE basis) increased to 3.34% from 3.13% in the year-ago quarter.

Non-interest income rose 29% year over year to $1.01 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 and other non-interest income.

Non-interest expenses surged 62% year over year to $2.05 billion. The increase was primarily due to a rise across all cost components, particularly compensation and benefits, technology and communications, and other non-interest expenses. Merger-related charges also contributed to elevated expenses.

The efficiency ratio was 62.4%, higher than the year-ago quarter's 54.9%. An increase in the ratio indicates a deterioration in profitability.

FITB’s Loans & Deposits Increase SequentiallyAs of Sept. 30, 2026, portfolio loans and leases rose 1% to $180.3 billion from the previous quarter. Total deposits increased 2% sequentially to $239 billion.

FITB’s Credit Quality: Mixed BagThe company reported a provision for credit losses of $122 million, down 38% from the year-ago quarter.

Total non-performing portfolio loans and leases were $1.07 billion, up from $768 million in the prior-year quarter. However, the non-performing loan ratio improved to 0.59% from 0.62% in the year-ago quarter.

Net charge-offs in the third quarter declined to $139 million or 0.31% of average loans and leases (on an annualized basis) from $339 million or 1.09% in the prior-year quarter.

The total allowance for credit losses rose 30% year over year to $3.13 billion. The allowance for credit losses represented 1.74% of portfolio loans and leases, down from 1.96% in the year-ago quarter.

Fifth Third’s Capital Position WeakensThe CET1 capital ratio was 10.02% compared with 10.57% in the year-ago quarter. The Tier 1 risk-based capital ratio was 10.90% compared with 11.63% in the prior-year quarter.

The leverage ratio declined marginally to 9.22% from 9.24% in the year-ago quarter.

FITB's Segment-Wise PerformanceCommercial Banking reported NII (FTE) of $1.15 billion compared with $594 million in the year-ago quarter. Non-interest income increased to $512 million from $357 million, while non-interest expenses rose to $761 million from $454 million.

Consumer and Small Business Banking reported NII (FTE) of $1.27 billion compared with $1.08 billion in the prior-year quarter. Non-interest income increased to $326 million from $309 million, while non-interest expenses rose to $855 million from $653 million.

Wealth and Asset Management reported NII (FTE) of $112 million compared with $55 million in the year-ago quarter. Non-interest income increased to $183 million from $109 million, while non-interest expenses rose to $182 million from $93 million.

Fifth Third's Q4 GuidanceFor the fourth quarter of 2026, Fifth Third expects average loans and leases to rise 1-2% sequentially.

NII is projected to increase 2.5-3.5% from the third-quarter baseline of $2.28 billion, while non-interest income is expected to rise 2-4% from the baseline of $1.05 billion.

Adjusted non-interest expenses are expected to decline 2-3% sequentially from the third-quarter baseline of $1.82 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%.

Our Viewpoint on Fifth ThirdStrong growth in NII, driven by the addition of Comerica, continued fixed-rate asset repricing and disciplined balance sheet 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 improved credit performance. However, elevated year-over-year expenses, higher deposit costs and lower year-over-year capital ratios remain near-term concerns.

On the acquisition front, Fifth Third successfully completed the Comerica systems conversion during the third quarter, with strong client and banker retention. The company also secured the full $850 million annualized expense run rate, which is expected to be realized in the fourth quarter of 2026.

Currently, 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 Banks

M&T Bank Corporation (MTB - Free Report) reported third-quarter 2026 net operating earnings per share of $5.08, which beat the Zacks Consensus Estimate of $4.98. The bottom line compared favorably with earnings of $4.87 in the year-ago quarter.

MTB’s results were aided by higher NII and loan growth. However, lower non-interest income and higher expenses, along with a sequential decline in deposits, acted as headwinds.

The PNC Financial Services Group, Inc. (PNC - Free Report) has delivered adjusted earnings per share of $5.09 in the third quarter of 2026, beating the Zacks Consensus Estimate of $4.97. The bottom line increased 17% from $4.35 in the year-ago quarter.

PNC’s results reflected higher NII, solid loan and deposit growth and improved operating efficiency. However, higher expenses and increased net loan charge-offs were headwinds.

Fifth Third Bancorp (NASDAQ:FITB), the US banking group, increased its third-quarter net income available to common shareholders by 36% year-on-year to $828 million as the integration of Comerica strengthened its earnings base.

Diluted earnings per share fell 1% to $0.90 from $0.91 a year earlier, while adjusted earnings per share reached $1.13 after excluding $0.23 of costs and other items.

The bank’s profit available to common shareholders increased from $763 million in the second quarter, while diluted earnings per share rose from $0.83.

Net interest income, which measures the difference between interest earned on loans and investments and interest paid on deposits and borrowings, increased 3% sequentially to $2.28 billion.

The figure rose 49% year on year, primarily reflecting the addition of Comerica alongside the repricing of fixed-rate assets and changes to the investment portfolio.

Total revenue on a fully taxable-equivalent basis, which adjusts tax-exempt income to improve comparability, was broadly unchanged from the previous quarter at $3.28 billion but increased by 42% year on year.

Non-interest expenses fell 3% sequentially to $2.05 billion, while expenses excluding specified items and deferred compensation declined 2% to $1.82 billion.

Fifth Third incurred $215 million in pre-tax merger-related expenses during the quarter, alongside $19 million in technology-related asset impairments and costs linked to interchange litigation.

The bank’s adjusted pre-provision net revenue, a measure of earnings before credit-loss provisions, increased 8% sequentially, generating 450 basis points of positive operating leverage, meaning revenue growth outpaced underlying expense growth.

Average deposits increased 3% from the previous quarter to $238.3 billion, while the portfolio loan-to-core deposit ratio improved to 76% from 77%.

Fifth Third completed the systems conversion associated with the Comerica acquisition during the quarter and reported strong retention among clients and bankers.

Credit performance remained broadly stable, with net charge-offs reaching 0.31% of average portfolio loans compared with 0.3% in the previous quarter.

The provision for credit losses declined to $122 million from $129 million, while the allowance for credit losses stood at $3.1 billion at the end of September.

The bank’s common equity tier one capital ratio, a key measure of financial resilience, increased to 10.02% from 9.93% in the previous quarter.

No Investment Advice

This content is published by Proactive Investors Limited and made available subject to the terms and conditions of use of its website (see Terms of Use).

Proactive Investors is a full-service financial newswire. We produce independent, objective financial journalism and do not provide personalised investment advice, act as a broker, or recommend specific securities to individual investors.

Financial content published on this Site is produced under the journalist exemption provided for in Article 20 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, and in accordance with FCA guidance at PERG 8.12. Where a communication is not otherwise exempt, it is issued or approved for distribution in the UK by Proactive Investors Limited.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this communication.

This communication is intended for information purposes only and does not constitute investment advice, a personal recommendation, an offer, solicitation, or inducement to buy or sell any investment or financial product. Opinions and commentary reflect the views of the named author at the time of writing and are subject to change without notice.

This communication has been prepared without taking account of the objectives, financial situation or needs of any particular investor. Before entering into any transaction, investors should consider suitability for their individual circumstances and should read the relevant prospectus, term sheet, subscription agreement, information memorandum, prospectus or other offering document in full.

Past performance is not a reliable indicator of future results. The value of investments can fall as well as rise, and you may not recover the amount you invest.

This communication may contain information obtained from third parties, including credit ratings and financial data. Reproduction and distribution of third-party content in any form is prohibited except with the prior written consent of the relevant third party. Credit ratings are statements of opinion and should not be relied upon as investment advice.

First Citizens Bank & Trust Co. boosted its position in Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 134.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,038 shares of the financial services provider’s stock after purchasing an additional 16,085 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Fifth Third Bancorp were worth $1,418,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Center for Financial Planning Inc. acquired a new stake in Fifth Third Bancorp during the 1st quarter worth $25,000. Security National Bank of SO Dak acquired a new stake in shares of Fifth Third Bancorp in the second quarter valued at about $25,000. SouthState Bank Corp raised its position in shares of Fifth Third Bancorp by 74.7% in 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 during the last quarter. Monetary Solutions Ltd acquired a new stake in shares of Fifth Third Bancorp in the fourth quarter valued at about $29,000. Finally, Clearstead Trust LLC purchased a new position in shares of Fifth Third Bancorp in the second quarter worth about $29,000. 83.79% of the stock is owned by institutional investors and hedge funds.

Fifth Third Bancorp Stock Up 1.5% Shares of FITB opened at $50.38 on Friday. Fifth Third Bancorp has a 52-week low of $40.04 and a 52-week high of $59.50. 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 has a fifty day simple moving average of $53.62 and a two-hundred day simple moving average of $52.91. The company has a market capitalization of $45.69 billion, a PE ratio of 16.91, a price-to-earnings-growth ratio of 1.09 and a beta of 0.97.

Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last announced its quarterly earnings results on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate 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 firm 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 firm posted $0.88 EPS. The company’s revenue was up 45.8% compared to the same quarter last year. As a group, equities analysts forecast that Fifth Third Bancorp will post 4.10 EPS for the current year. Fifth Third Bancorp Increases Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.3%. The ex-dividend date was Wednesday, September 30th. This is a positive change from Fifth Third Bancorp’s previous quarterly dividend of $0.40. Fifth Third Bancorp’s dividend payout ratio (DPR) is presently 57.34%.

Analyst Ratings Changes Several analysts recently issued reports on the stock. Evercore set a $60.00 price objective on shares of Fifth Third Bancorp in a research note on Monday, July 6th. JPMorgan Chase & Co. decreased their target price on shares of Fifth Third Bancorp from $62.00 to $58.00 and set an “overweight” rating on the stock in a research note on Friday, October 2nd. TD Cowen initiated coverage on shares of Fifth Third Bancorp in a research note on Thursday, October 8th. They issued a “buy” rating and a $60.00 target price on the stock. Jefferies Financial Group lowered their target price on Fifth Third Bancorp from $70.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, September 24th. Finally, Wells Fargo & Company upped their price target on Fifth Third Bancorp from $58.00 to $67.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $60.92.

Read Our Latest Research Report on FITB

Fifth Third Bancorp Company Profile (Free Report)

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the parent company of Fifth Third Bank. The company traces its history to 1858 and provides banking and related financial services to individuals, businesses, government entities and institutional clients.

Through its commercial banking operations, Fifth Third offers lending, deposit, treasury management, payment processing and capital markets services to middle-market companies, large corporations and other organizations.

Further Reading Five stocks we like better than Fifth Third Bancorp ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle Beyond the GPU: Credo Paves the Next AI Data Superhighway

Receive News & Ratings for Fifth Third Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Third Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Key Takeaways FITB is set to report Q3'26 results on Oct. 19, with EPS likely to be $1.09, suggesting y/y rise of 17.2%.FITB expects Q3'26 NII to increase 2-2.5% sequentially, supported by loan growth and stable funding costs.FITB expects adjusted expenses to fall 1-2% sequentially, aided by Comerica integration synergies. Fifth Third Bancorp (FITB - Free Report) is scheduled to report third-quarter 2026 results on Oct. 19, 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 surpassed the Zacks Consensus Estimate. Results benefited from growth in net interest income (NII) and fee income. Higher loan and deposit balances were also encouraging. However, increased expenses and higher provisions for credit losses acted as headwinds.

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 4.18%.

Factors Likely to Impact FITB’s Q3 PerformanceLoans & NII: After strong lending activity in the first half of 2026, loan growth momentum likely moderated in the to-be-reported quarter. According to the Federal Reserve’s latest data, commercial and industrial lending demand remained healthy during the third quarter, while consumer and real estate lending held steady. Decent loan demand, along with stable deposit and funding costs, is expected to have supported growth in average interest-earning assets. Management expects average loans and leases to increase 1% sequentially in the third quarter of 2026.

The Zacks Consensus Estimate for average interest-earning assets of $269.8 billion for the third quarter indicates an 1.8% rise from the prior quarter’s actual.

In September 2026, the Fed raised interest rates by 25 basis points to 3.75–4.00%, citing persistently elevated inflation. As rates remained unchanged for most of the third quarter, its impact on NII is likely to have been limited. Meanwhile, growth in interest-earning assets, disciplined deposit pricing and stable funding costs are expected to have supported FITB’s NII in the to-be-reported quarter.

Fifth Third expects NII to increase at the upper end of its 2–2.5% range on a sequential basis in the third quarter of 2026.

The Zacks Consensus Estimate for NII is pegged at $1.93 billion, indicating a 25.8% sequential increase.

Non-Interest Revenues: Global mergers and acquisitions (M&A) activity moderated in the third 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. Despite these challenges, strategic buyers continued to pursue transactions to expand scale and strengthen operational resilience, supporting advisory activity.

Continued demand for M&A advisory services is expected to have supported FITB’s advisory and capital markets fees, contributing to growth in commercial banking revenues in the to-be-reported quarter.

The Zacks Consensus Estimate for commercial banking revenues is pegged at $127.2 million, indicating a 1.8% sequential rise.

Mortgage activity remained challenging in the third quarter of 2026, with mortgage rates hovering near 7% and affordability constraints weighing on both purchase and refinancing activity. Nevertheless, FITB’s strategic focus on expanding its mortgage lending business, increasing market share and deepening customer relationships may have provided some support to its mortgage banking income in the to-be-reported quarter.

The Zacks Consensus Estimate for mortgage banking income is pegged at $44.2 million, indicating a 13.3% increase from the prior quarter’s reported figure.

The Zacks Consensus Estimate for wealth and asset management revenues is pegged at $263.2 million, indicating a 2.8% increase from the prior quarter’s actual level.

Management expects non-interest income to increase at the upper end of the 1-3% sequential growth range in the third quarter of 2026.

The Zacks Consensus Estimate for non-interest income is pegged at $1.1 billion, which indicates a nearly 1% sequential rise.

Expenses: The company’s continued investments in technology, branch expansion and the Comerica integration are likely to have kept expenses elevated in the to-be-reported quarter. However, ongoing expense-management efforts and the expense synergies from the Comerica integration are likely to have provided some relief during the quarter to be reported.

Management expects adjusted expenses to decline at the lower end of its prior guidance range of 1–2% sequentially.

Asset Quality: Ongoing inflationary pressures and elevated borrowing costs may have strained borrowers’ repayment capacity in the third quarter of 2026. Still, favorable credit trends and continued loan demand are likely to have supported Fifth Third’s asset quality. 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 $1.1 billion, representing an 14.5% decline from the prior quarter's reported figure.

What the Zacks Model Reveals for FITBOur proven model predicts an earnings beat for Fifth Third this time. 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. That is exactly the case here.

FITB’s Earnings ESP: The Earnings ESP for Fifth Third is +0.89%. 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 #3.

The Zacks Consensus Estimate for FITB’s third-quarter earnings has remained unchanged at $1.09 per share over the past seven days. The figure indicates an increase of 17.20% from the year-ago quarter.

The consensus estimate for third-quarter revenues is pegged at $3.34 billion, suggesting a rise of 45.23% from the year-ago reported figure.

Stocks That Warrant a LookHere are a couple of other bank stocks that you may want to consider, as our model shows that these also have the right combination of elements to post an earnings beat this time around.

The Earnings ESP for BOK Financial Corporation (BOKF - Free Report) is +0.59% and carries a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The company is slated to report its third-quarter 2026 results on Oct. 19, 2026. Over the past seven days, the Zacks Consensus Estimate for BOKF’s quarterly earnings has remained unchanged at $2.54 per share.

KeyCorp (KEY - Free Report) is scheduled to announce third-quarter 2026 results on Oct. 20. The company has an Earnings ESP of +0.44% and a Zacks Rank #3 at present.

Quarterly earnings estimates for KEY have remained unchanged at 46 cents per share over the past week.

Fifth Third Bancorp (FITB - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on October 19, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly earnings of $1.09 per share in its upcoming report, which represents a year-over-year change of +17.2%.

Revenues are expected to be $3.34 billion, up 45.2% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.73% 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 the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

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 higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.89%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Fifth Third Bancorp will most likely 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 $0.98 per share when it actually produced earnings of $1.02, delivering a surprise of +4.08%.

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 appears 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 PlayerM&T Bank Corporation (MTB - Free Report) , another stock in the Zacks Banks - Major Regional industry, is expected to report earnings per share of $4.98 for the quarter ended September 2026. This estimate points to a year-over-year change of +2.3%. Revenues for the quarter are expected to be $2.54 billion, up 1% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for M&T Bank has been revised 1.2% down to the current level. Nevertheless, the company now has an Earnings ESP of +0.73%, reflecting a higher Most Accurate Estimate.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that M&T Bank 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.

Fifth Third Bancorp (NYSE:FITB) will release its third-quarter earnings report before the opening bell on Monday, Oct. 19.

Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings of 81 cents per share, down from 91 cents per share in the year-ago period. The consensus estimate for FITB’s quarterly revenue is $3.34 billion. It reported $2.31 billion last year, according to Benzinga Pro.

On Sept. 17, Fifth Third Bancorp increased its quarterly dividend from 40 cents to 42 cents per share.

Fifth Third Bancorp shares gained 1.2% to close at $50.70 on Thursday.

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.

UBS analyst Erika Najarian maintained a Buy rating and cut the price target from $65 to $63 on Oct. 5, 2026. This analyst has an accuracy rate of 63%. JP Morgan analyst Vivek Juneja maintained an Overweight rating and cut the price target from $62 to $58 on Oct. 2, 2026. This analyst has an accuracy rate of 57%. Evercore ISI Group analyst John Pancari maintained an In-Line rating and slashed the price target from $61 to $57 on Oct. 1, 2026. This analyst has an accuracy rate of 61%. Truist Securities analyst Brian Foran maintained the stock with a Buy rating and lowered the price target from $64 to $63 on Sept. 23, 2026. This analyst has an accuracy rate of 61%. B of A Securities analyst Ebrahim Poonawala maintained a Buy rating and raised the price target from $63 to $65 on July 20, 2026. This analyst has an accuracy rate of 67%. Considering buying FITB stock? Here’s what analysts think:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB) today announced that Darren King, executive vice president, has been named head of the Commercial Bank, which now includes the Regional Banking business he already leads. King has led the Commercial Bank on an interim basis since June. Together, the two businesses give clients a bank that knows them and knows their industry. Behind every relationship is the full strength of Fifth Third, from lending and treasury management to payment.

Fifth Third Bancorp (FITB - Free Report) has been beaten down lately with too much selling pressure. While the stock has lost 8.3% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.

We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.

RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.

Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.

So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefiting from the inevitable rebound.

However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.

Why FITB Could Bounce Back Before LongThe heavy selling of FITB shares appears to be in the process of exhausting itself, as indicated by its RSI reading of 29.98. So, the trend for the stock could reverse soon for reaching the old equilibrium of supply and demand.

This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering FITB in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 0.3% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.

Moreover, FITB currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Fifth Third just raised its dividend days after absorbing a $12.70 billion bank and watching its capital ratio slip below target. Whether that confidence is earned or premature depends on a number you need to check before the next Fed…

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Fifth Third Bancorp (NASDAQ:FITB | FITB Price Prediction) just answered part of the title question itself. On September 17, 2026, the board declared a $0.42 quarterly dividend, up from $0.40, payable October 15. That lifts the annualized forward payout to $1.68, with shares at $50.53 after a 5.25% slide over the past month.

Bank dividends answer to regulators before shareholders. A manufacturer with spare cash can simply pay it out. A bank must first hold enough common equity tier 1 (CET1) capital against its risk-weighted assets, and a thin surplus can restrict payouts even in a profitable year. That matters more now: closing the $12.70B all-stock Comerica deal on February 1, 2026 pushed total assets to $300.1B and made Fifth Third a Category III institution.

Earnings Cover the Payout With Room to Spare The trailing yield is 3.17%. Trailing diluted EPS of $2.97 compares with $1.62 in trailing 12-month dividends, even after merger charges. Second-quarter adjusted EPS of $1.02 exceeded the $0.84 estimate. CFO Bryan Preston put the dividend at the top of the list:

“Our capital priorities remain unchanged. Maintain a strong dividend, support organic growth, where we see the highest returns on deployed capital and then return excess capital through share repurchases.”

Capital Is the Constraint That Matters CET1 fell 85 bps to 9.96% after the close and ended June at 9.93%, against a 10% to 10.5% target. Preston said the bank is “effectively there, with capital continuing to build through our earnings power.” Including the $3.2B unrealized securities loss, CET1 drops to 8.7%. Buybacks absorbed the strain: none in the first half, with fourth-quarter repurchases expected at $200 million to $300 million.

Rates, Deposits and Credit Favor Fifth Third The Fed funds upper bound reached 4.00% on September 30, matching the rate assumed in $8.74–$8.80B NII guidance. Net interest margin expanded to 3.36%. Total deposit costs fell to 1.54%, noninterest-bearing balances rose to 28% of core deposits, and the loan-to-core-deposit ratio is 77%.

Net charge-offs hit 0.30%, the lowest since Q2 2023, though nonaccrual inflows reached $354M. Commercial real estate grew just 0.5% as management held a conservative position. CEO Tim Spence on credit: “My own view is that it’ll carry forward, but it’s mix driven.”

Against regional peers KeyCorp (NYSE:KEY) and Regions Financial (NYSE:RF), which ride the same rate and credit cycle, Fifth Third’s fees make up 33% of revenue versus a 29% peer median, a protection if lending income softens.

What Would Actually Threaten the Dividend The specific danger is a recession approaching the bank’s downside scenario of 8.5% unemployment in 2027, pushing charge-offs well past the 30–40 bps guide while CET1 is still sitting near 10%. A troubled Comerica conversion that delays the $850M synergy run-rate would compound it. Even then, buybacks get cut before the dividend does.

Verdict on the Payout Yes, the dividend is as safe as the yield suggests. Earnings cover it nearly twice, credit is improving, and management just raised it. Spence’s framing, “stability, profitability, and growth, in that order,” protects the payout. Keep an eye on fourth-quarter CET1 and charge-offs.

Contact [email protected] for any questions or corrections.

Key Takeaways FUNC declared a $0.28 dividend, marking its fifth dividend increase in five years.FITB declared a $0.42 dividend and has raised its payout six times in five years.MCD declared a $1.93 dividend after six dividend increases over the past five years. Turbulence has gripped Wall Street, with investors fearing that the Federal Reserve could go for more rate hikes this year as inflation continues to weigh on the economy. Oil prices are surging again as tensions in the Middle East cease to end.

Traders fear that if the tensions continue for longer, oil prices could rise further, which will push inflation up. As market uncertainty persists, conservative investors looking for assured income and a degree of protection from market volatility may consider dividend-paying stocks.

Dividend stocks can offer steady income through regular payouts while providing more stability during periods of heightened market volatility. Here are three dividend stocks investors may want to consider: First United Corporation (FUNC - Free Report) , Fifth Third Bancorp (FITB - Free Report) and McDonald's Corporation (MCD - Free Report) .

More Rate Hikes LikelyThe Federal Reserve hiked interest rates by a quarter percentage point at the end of its two-day FOMC meeting last week, taking the target range to 3.75% to 4%. The central bank's Federal Open Market Committee unanimously approved the rate increase in a 12-0 vote.

This was also the first rate hike by the Fed in over three years. Although the decision was widely anticipated, markets have remained largely volatile, as the Fed suggested that there could be more rate hikes this year because inflation remains a major challenge.

Earlier this week, Federal Reserve Governor Michael Barr said that the central bank needs to make “policy adjustments” to fight sky-high inflation.

Ongoing tensions in the Middle East have resulted in a steep rise in crude prices. Tensions escalated over the weekend as the United States threatened to intensify attacks on Iran. Although President Donald Trump said earlier this week that an Iranian delegation talked with U.S. officials for three hours and had a “good meeting,” a deal between the two warring nations has not been reached.

High prices have already been affecting consumer spending. More interest rate hikes will push borrowing costs higher, shrinking the purchasing power of consumers further.

3 Stocks That Recently Announced Dividend HikesFirst United CorporationFirst United Corporation is a one-bank holding company with two non-bank subsidiaries. FUNC carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

On Sept. 23, First United Corporation announced that its shareholders would receive a dividend of $0.28 a share on Nov. 2. FUNC has a dividend yield of 2.43%. Over the past five years, First United Corporation has increased its dividend five times, and its payout ratio presently sits at 24% of earnings. Check First United Corporation’s dividend history here.

Fifth Third BancorpFifth Third Bancorp operates 1,500 full-service banking centers and 2,648 ATMs in 15 states throughout the Midwest, Southeast and Southwest regions of the United States. FITB classifies its operations into three reportable business segments: The Commercial Banking segment provides credit intermediation, cash management and financial services to large and middle-market businesses, government entities and professional customers. Its offerings include lending and deposit. Fifth Third Bancorp has a Zacks Rank #3.

On Sept. 17, Fifth Third Bancorp declared that its shareholders would receive a dividend of $0.42 a share on Oct. 15. FITB has a dividend yield of 3.10%. Over the past five years, Fifth Third Bancorp has increased its dividend six times, and its payout ratio presently sits at 41% of earnings. Check Fifth Third Bancorp’s dividend history here.

McDonald'sMcDonald's Corporation is a leading global foodservice retailer with more than 45,000 restaurants in over 100 countries. MCD mainly operates and franchises quick-service restaurants under the McDonald’s brand. Approximately 95% of its restaurants worldwide are owned and operated by independent local business owners. McDonald's carries a Zacks Rank #3.

On Sept. 17, McDonald's announced that its shareholders would receive a dividend of $1.93 a share on Dec. 15. MCD has a dividend yield of 3.12%. Over the past five years, McDonald'shas increased its dividend six times, and its payout ratio presently sits at 59% of earnings. Check McDonald's dividend history here.

-

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB) today announced that it has submitted a redemption notice to the trustee for redemption of all of its outstanding 1.707% Fixed Rate/Floating Rate Senior Notes due 2027 (CUSIP 316773 DD9) issued in the principal amount of $500 million. The notes will be redeemed on November 1, 2026 pursuant to their terms and conditions for an amount equal to 100% of the principal amount plus accrued and unpaid interest thereon to, but excluding, the redemption date. The redemption price will become due and payable on the redemption date.

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.

Category: Other

More News From Fifth Third Bancorp

Back to Newsroom

Key Takeaways Fifth Third expects Q3'26 NII and non-interest income near the high end of prior guidance.FITB sees NIM in the mid-3.30% range, with room to approach 3.40% as cash moves into earning assets.Wealth management, commercial payments and capital markets are expanding FITB's fee revenue mix. Fifth Third Bancorp (FITB - Free Report) is tracking toward a strong third quarter, with management expecting net interest income (NII) and non-interest income at the upper end of its prior guidance ranges, while expenses are trending toward the lower end. At the Barclays 24th Annual Global Financial Services Conference, CFO Bryan Preston said that the quarter was “coming together nicely,” with loan growth tracking as expected and deposit growth coming in stronger than anticipated.

For the third quarter, FITB had guided for NII to increase 2-2.5% sequentially from the second-quarter baseline of $2.22 billion, while non-interest income was expected to rise 1-3% from $1.04 billion. Its non-interest expenses were projected to decline 1-2% from $1.86 billion.

The improved NII outlook reflects continued earning-asset growth, fixed-rate asset repricing and strong deposit generation. Following the Comerica acquisition, FITB deliberately shifted toward a more asset-sensitive balance sheet. Preston described the bank as “fairly well positioned” for a higher-rate environment, while continued growth in earning assets is providing an additional lift to NII. Management expects third-quarter net interest margin (NIM) to remain in the mid-3.30% range, with room to reach nearly 3.40% as cash accumulated during the Comerica conversion is redeployed into earning assets.

Fee income is adding another layer to revenue growth. Management noted that wealth management and commercial payments have reached more than $1 billion in annualized revenue, with both businesses likely to sustain high-single-digit growth in the near term. Capital markets are also generating nearly $600 million on an annualized basis, with an opportunity to grow toward a $1 billion business over time.

With the Comerica conversion largely complete, FITB can focus on acquiring new customers and deepening existing relationships across lending, deposits and capital markets, further diversifying its revenue mix. The strength in these businesses, along with the expected improvement in NII, is likely to drive higher revenue in the third quarter. Reflecting this momentum, the Zacks Consensus Estimate of FITB’s 2026 revenue indicates a year-over-year rise of 42.5%.

Revenue Estimates
Image Source: Zacks Investment Research

Outlook Updates From Other Banks at Barclays ConferenceOther banks that updated their outlooks around the same conference include KeyCorp (KEY - Free Report) and Huntington Bancshares (HBAN - Free Report) .

KeyCorp’s outlook has improved, with 2026 revenues now expected to increase approximately 8%, up from the prior guidance of 7-8%. The increase is being driven by higher fee income, with non-interest income now projected to grow 4-5%, compared with the previous 3-4% outlook. KeyCorp continues to expect NII to increase 9-11%, supported by loan growth, deposit trends and the repricing of fixed-rate assets.

In contrast, Huntington Bancshares lowered its 2026 NII growth outlook to approximately 35% from 39-43%, which could weigh on revenue growth amid higher deposit costs, competitive pricing and weaker loan volumes. However, stronger noninterest income is expected to partly offset the NII pressure, with Huntington now projecting fee income growth toward the upper end of its previous 31-33% range.

FITB’s Price Performance & Zacks RankIn the past six months, Fifth Third’s shares have gained 16.3% compared with the industry’s growth of 18.1%.

Price Performance
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.

Wintrust: A Quiet Regional Bank Posting Loud ResultsFifth Third Bancorp NASDAQ: FITB said it is tracking toward the favorable ends of its third-quarter guidance ranges following the completion of its Comerica conversion over Labor Day weekend, with executives citing stronger deposit growth, stable customer retention and expense savings that are arriving faster than initially expected.

Speaking at Barclays’ Global Financial Services Conference, Chief Financial Officer Bryan Preston said the bank expects to finish the quarter at the upper end of its net interest income and fee-income guidance, at the lower end of its expense guidance and near the middle of its expected charge-off range.

Get Fifth Third Bancorp alerts:

MarketBeat Week in Review – 06/01 - 06/05“Quarter’s coming together nicely,” Preston said. “Loans are coming in as expected, and we’ve seen quite a strong quarter from a deposit growth perspective as well.”

Preston said the company remains positioned to meet the financial objectives associated with the Comerica transaction, including a return on tangible common equity above 19% and a run-rate efficiency ratio of 53% by 2027.

Comerica conversion completed Fifth Third’s Big Bet Is OnChief Operating Officer Jamie Leonard called the Labor Day conversion the most complicated and largest transaction in Fifth Third’s history, but said the system migration was completed successfully. About 600,000 customers and nearly 300 branches were moved onto Fifth Third’s platform, according to the discussion.

Leonard said the conversion included core systems and employee infrastructure, while the wealth conversion is scheduled for Halloween and the human-resources systems conversion is planned for Jan. 1.

“I think this conversion was as close to perfect as I have seen at Fifth Third,” Leonard said, noting he has participated in nine bank conversions during his 27-year career. He said a lightning strike that damaged circuitry at one branch was among the limited operational issues encountered.

Customer activity following the conversion has been encouraging, Leonard said. The bank recorded 15% fewer inbound calls on the first Friday after the Comerica conversion than it received during the comparable period following its MB conversion in 2019, despite having a larger customer base and longer call-center hours.

Customer attrition has also remained below expectations. Preston said gross commercial attrition continues to run below 1%, while consumer and small-business attrition has been stable and muted. On a net basis, both the commercial and consumer businesses acquired through Comerica have grown over the past year, he said.

Expense savings and growth investment Fifth Third reaffirmed its target for $850 million of annual run-rate expense synergies from Comerica by 2027. Leonard said the bank expects to achieve that amount and indicated gross expense savings are likely to exceed the stated target. Preston later said gross savings are “probably north of $900 million” at this point.

Rather than directing all incremental savings to the bottom line, management said it plans to reinvest in expansion opportunities, particularly in Texas, California and the broader Southwest. Those investments could include branches, marketing, middle-market and wealth bankers, capital-markets personnel and treasury-management capabilities.

Preston said the 53% efficiency ratio remains an appropriate long-term target because it provides capacity for continued investment while supporting industry-leading returns. If growth opportunities do not materialize as expected, more savings could flow to earnings, he added.

Revenue opportunities in deposits, lending and consumer banking Management reiterated its expectation for more than $500 million in revenue synergies over three to five years. Preston said near-term opportunities include deposit campaigns, middle-market lending, asset-based lending, equipment finance and capital-markets services. Longer-term opportunities include wealth-management expansion and development of an innovation-banking business built on Comerica’s technology and life-sciences foundation.

Leonard said the most immediate consumer revenue opportunities are mortgage lending, home equity, investment services and preferred banking. Fifth Third expects to generate roughly five times the mortgage volume Comerica produced in 2025, supported by the hiring of 40 mortgage loan officers, he said.

The company is also accelerating its de novo branch strategy. Leonard said Fifth Third plans to open 55 branches in the Southeast this year, followed by 100 branches next year, split evenly between the Southeast and Southwest. The first Southwest wave is expected to include 150 locations, with 60 each in Dallas and Houston and the remaining locations in Austin.

Fifth Third’s existing Florida network has reached 218 branches and $13 billion in deposits, Leonard said, and the company views the state as a continuing growth opportunity. The bank’s de novo branches opened from 2018 through the end of 2025 have reached 125% of their deposit goal, he added.

Balance sheet, credit and capital outlook Preston said net interest margin should remain in the mid-3.30% range during the third quarter before moving toward the 3.40% exit-rate target previously discussed by management. Strong deposit growth has temporarily increased cash balances, including approximately $2 billion of Comerica sweep balances added during the transition, he said.

Management described credit conditions as broadly healthy. Preston said commercial customers remain liquid and that Fifth Third’s prime and super-prime consumer lending focus has limited consumer credit pressure. The bank continues to avoid meaningful participation in non-depository financial institution lending and AI data-center lending, citing concerns about leverage, transparency and concentration risk.

On capital allocation, Preston said Fifth Third’s priorities remain a stable dividend and investment in organic growth. He said the company expects to return to a more normalized share-repurchase program in the fourth quarter.

Executives also said future acquisitions would need to accelerate the company’s existing strategy and be financially compelling. “M&A is not a strategy,” Preston said. “M&A has to accelerate the strategy.”

About Fifth Third Bancorp (NASDAQ:FITB)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.

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].

Should You Invest $1,000 in Fifth Third Bancorp Right Now?Before you consider Fifth Third Bancorp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fifth Third Bancorp wasn't on the list.

While Fifth Third Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

CINCINNATI--(BUSINESS WIRE)--Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series M preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (NYSE: FITB) today declared a cash dividend on its common shares of $0.42 per share for the third quarter of 2026. The dividend is payable on October 15, 2026 to shareholders of recor.

Key Takeaways Fifth Third remains on track for $850 million in annualized expense synergies by Q4'26.FITB plans to accelerate branch openings and invest in the Southwest and California to deepen relationships.More than $500 million in revenue synergies could come from lending, deposits and cross-selling. Fifth Third Bancorp (FITB - Free Report) is moving into the next phase of its Comerica integration, with management now focused on converting cost savings into growth opportunities. Speaking at the Barclays 24th Annual Global Financial Services Conference, CFO Bryan Preston reaffirmed that FITB remains on track to deliver $850 million in annualized expense synergies by the fourth quarter of 2026, with the savings expected to support earnings in 2027.

Rather than allowing the full benefit to flow through earnings, Fifth Third plans to reinvest a portion in branches, marketing and sales, particularly across the Southwest and California. Management plans to accelerate branch openings to roughly 100 annually from about 50. This investment is intended to deepen customer relationships and strengthen the bank's presence in key growth markets. Fifth Third plans to open 150 new financial centers in Texas by 2029 and is also targeting approximately 1,750 branches by 2030.

The update comes shortly after the completion of the Comerica technology and brand conversion of approximately 600,000 Comerica customer accounts and 293 banking centers on Sept. 8. With the conversion complete, FITB now has a unified platform supporting more than $300 billion in assets, nearly 1,500 branches and operations across 17 of the 20 fastest-growing large U.S. metropolitan areas. This expanded footprint gives the bank greater scope to deepen relationships with former Comerica customers by offering its broader consumer, commercial, payments and wealth-management capabilities.

Beyond cost savings, management expects more than $500 million in revenue synergies over the next three to five years. The opportunities span commercial and consumer businesses, with the Comerica franchise adding a commercial loan portfolio that represents nearly 40% of FITB’s total commercial loan book. The bank expects to leverage this expanded franchise to drive deposit growth and increase middle-market lending, asset-based lending, equipment finance and capital markets activity. In the consumer business, the company sees opportunities to cross-sell mortgage, home-equity and wealth-management products to the expanded customer base.

With the major integration milestone complete and expense synergies running ahead of the original target, Comerica is becoming a broader growth platform for Fifth Third. The combination of cost savings, reinvestment in key markets and expanded cross-selling opportunities could strengthen the bank’s earnings capacity over time. The key factor to monitor will be how effectively FITB converts these investments into sustained deposits, loans, fee income and operating leverage.

How Other Banks Are Expanding Their U.S. Footprint

PNC Financial (PNC - Free Report) and Banco Santander (SAN - Free Report) are also expanding their U.S. banking franchises through strategic acquisitions, strengthening scale, geographic reach and product capabilities.

PNC Financial completed its acquisition of FirstBank in January 2026 and converted approximately 780,000 customers, more than 1,600 employees and all 95 branches in June 2026. The deal added $26 billion of assets, $16 billion of loans and $23 billion of deposits at closing, while more than tripling PNC Financial’s branch network in Colorado and expanding its Arizona presence to more than 70 locations.

Banco Santander completed its $12.3 billion acquisition of Webster Financial in August 2026, creating a combined U.S. franchise with $327 billion of assets, $185 billion of loans and $172 billion of deposits. The transaction strengthens Banco Santander’s Northeast presence and adds Webster’s commercial banking and healthcare financial services capabilities, while it expects about $800 million in annual pre-tax cost synergies and 7-8% earnings per share accretion by 2028.

FITB’s Price Performance & Zacks RankIn the past six months, Fifth Third’s shares have gained 19.4% compared with the industry’s growth of 21.4%.

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.

Fifth Third Bancorp (FITB) Barclays 24th Annual Global Financial Services Conference September 15, 2026 7:30 AM EDT

Company Participants

Bryan Preston - Executive VP & CFO
James Leonard - Executive VP & COO

Conference Call Participants

Jason Goldberg - Barclays Bank PLC, Research Division

Presentation

Jason Goldberg
Barclays Bank PLC, Research Division

7:30 on the dot. So we'll keep this conference this traditional staying on schedule. Good morning. I'm Jason Goldberg. I cover the U.S. large cap banks at Barclays. Thank you for attending our 24th Annual Global Financial Services Conference.

As a reminder, to my left in the middle of the room are our marketing decks and posters. So please grab them on your way out. We have a very jam-packed morning. I think we're in this room for 7 presentations through lunch, and then we got more in the afternoon. But very pleased to have kicking off today's festivities is Fifth Third Bancorp from the company, Bryan Preston, Chief Financial Officer; and Jamie Leonard, Chief Operating Officer. Morning, guys.

Bryan Preston
Executive VP & CFO

Morning.

Jason Goldberg
Barclays Bank PLC, Research Division

Well, I know you just had a really busy week over the Labor Day weekend converting Comerica. I just thought I'd start with guidance and get that out of the way.

Question-and-Answer Session

Jason Goldberg
Barclays Bank PLC, Research Division

I know last night, you posted a slide deck kind of reiterating the guidance you gave on the third quarter. But within that, there were some regions. So maybe just with the conversion now complete, maybe just talk to how the quarter is progressing relative to plan and maybe what's coming a little bit worse, a little bit better than expected?

Bryan Preston
Executive VP & CFO

Yes. Thanks, Jason. Quarter is coming together nicely. We're quite pleased with the progress

Bank of America Corp DE purchased a new position in shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 17,663,946 shares of the financial services provider’s stock, valued at approximately $995,717,000. Bank of America Corp DE owned about 1.95% of Fifth Third Bancorp as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Capital World Investors boosted its holdings in 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. Bank of New York Mellon Corp bought a new position in Fifth Third Bancorp during the second quarter valued at about $1,324,903,000. Invesco Ltd. lifted its position in shares of Fifth Third Bancorp by 12.1% in the fourth quarter. Invesco Ltd. now owns 23,799,312 shares of the financial services provider’s stock worth $1,114,046,000 after buying an additional 2,574,712 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Fifth Third Bancorp by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 18,197,466 shares of the financial services provider’s stock worth $848,672,000 after buying an additional 96,656 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Fifth Third Bancorp during the 4th quarter worth about $649,264,000. Institutional investors and hedge funds own 83.79% of the company’s stock.

Analyst Ratings Changes A number of brokerages have recently commented on FITB. UBS Group increased their price objective on Fifth Third Bancorp from $60.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Keefe, Bruyette & Woods boosted their target price on Fifth Third Bancorp from $58.00 to $60.00 and gave the stock a “market perform” rating in a report on Monday, July 20th. JPMorgan Chase & Co. upped their target price on Fifth Third Bancorp from $61.00 to $62.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Argus upgraded Fifth Third Bancorp to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, Robert W. Baird lifted their price target on shares of Fifth Third Bancorp from $56.00 to $58.00 and gave the company an “outperform” rating in a research report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $60.54.

View Our Latest Stock Report on Fifth Third Bancorp Fifth Third Bancorp Stock Down 0.6% FITB opened at $54.39 on Tuesday. The company has a market capitalization of $49.32 billion, a P/E ratio of 18.25, a P/E/G ratio of 1.09 and a beta of 0.89. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.83 and a quick ratio of 0.83. The firm’s fifty day moving average price is $56.31 and its two-hundred day moving average price is $52.12. Fifth Third Bancorp has a fifty-two week low of $40.04 and a fifty-two week high of $59.50.

Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last announced its quarterly earnings data 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). The business 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 company’s quarterly revenue was up 45.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.88 EPS. On average, analysts anticipate that Fifth Third Bancorp will post 4.1 EPS for the current year.

Fifth Third Bancorp Profile (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 Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down 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).

Receive News & Ratings for Fifth Third Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Third Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

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

Receive News & Ratings for Fifth Third Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Third Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

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.

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. 

Receive Signals on SEC-verified Insider Stock Trades

Stocks

This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).

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.

Receive Signals on US Congress Members' Stock Trades

Stocks

Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions.

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.

Receive Signals on US Senators' Stock Trades

Stocks

Stay up-to-date on the trading activity of US Senators. The signal triggers based on updates from the Senate disclosure reports, notifying you of their latest stock transactions.

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.

Featured image via Shutterstock