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Fifth Third Bancorp
XMUN:FFH

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Fifth Third Bancorp Logo
Fifth Third Bancorp
XMUN:FFH
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Price: 42.315 EUR -2.43% Market Closed
Market Cap: €28.9B

Fifth Third Bancorp
Investor Relations

Fifth Third Bancorp is the holding company for Fifth Third Bank, a regional bank that serves consumers, small businesses, and commercial clients in the Midwest and Southeast. It takes deposits and makes loans, so it sits in the middle of the banking system: it gathers savings and checking balances from customers and then lends that money out to households and businesses. The company sells everyday banking services like checking and savings accounts, mortgages, auto and personal loans, credit cards, business loans, and treasury and cash-management tools. It also earns fees from wealth management, payment services, and other account-based services. Its main customers are people who need a place to bank, as well as companies that need financing, cash handling, and payment support. Fifth Third makes money mainly from the spread between what it pays on deposits and what it earns on loans, plus service fees. What sets it apart is its role as a traditional relationship bank: it combines local branch banking with lending and business services, which lets it earn income from both interest and fees while staying close to the communities and companies it serves.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 17, 2026
AI Summary
Q1 2026

Results beat: Fifth Third said first-quarter results exceeded March expectations, helped by stronger net interest income, disciplined expenses and smoother-than-expected Comerica integration progress.

Revenue and profit: Revenue was $2.9 billion, up 33% year over year, while adjusted net income was $734 million, up 38%.

Credit stayed solid: Net charge-offs were 37 basis points, in line with expectations and the lowest level in 2 years, and both nonperforming assets and criticized assets improved.

Integration on track: Management said the Comerica conversion remains on schedule for Labor Day weekend, with confidence in $360 million of net cost savings this year and an $850 million annual run-rate by the fourth quarter.

Guidance raised: Full-year net interest income guidance was lifted to $8.7 billion to $8.8 billion, while full-year adjusted expense guidance was set at $7.2 billion to $7.3 billion.

Revenue synergies emerging: Management said early revenue wins in commercial, payments and consumer banking are already building a pipeline, but these gains were not added on top of guidance.

Capital return later: The bank expects to resume regular quarterly buybacks in the second half of 2026, depending on balance sheet growth and merger-related charges.

Key Financials
Earnings per share
$0.15
Adjusted earnings per share
$0.83
Revenue
$2.9 billion
Adjusted net income
$734 million
Net interest income
$1.94 billion
Net interest margin
330 basis points
Adjusted return on assets
1.12%
Adjusted return on tangible common equity
13.7%
Tangible common equity ratio
7.3%
Tangible book value per share
1%
Net charge-off ratio
37 basis points
Nonperforming asset ratio
57 basis points
Adjusted noninterest income
$921 million
Adjusted noninterest expense
$1.77 billion
Efficiency ratio
61.9%
Commercial payments revenue
30%
Commercial payments fees
$218 million
Wealth fees
$233 million
Assets under management
$119 billion
Capital markets fees
$134 million
Average total loans
$158 billion
End-of-period loans
$178 billion
Average core deposits
$207 million
End-of-period core deposits
$231 billion
Noninterest-bearing deposits
28%
Deposit costs
158 basis points
Interest-bearing deposit costs
215 basis points
Wholesale funding
down 3% year over year
Loan-to-core deposit ratio
76%
CET1 ratio
10%
Pro forma CET1 ratio
9.6%
Tangible common equity ratio
7.3%
Net cost savings
$360 million
Merger-related expenses
$635 million
Day 1 ACL build
$83 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. James C. Leonard CPA
Executive VP & COO
No Bio Available
Mr. Jude A. Schramm
Executive VP & Chief Information Officer
No Bio Available
Mr. Robert P. Shaffer
Executive VP & Chief Risk Officer
No Bio Available
Mr. Kevin Patrick Lavender
Executive VP & Head of Commercial Banking
No Bio Available
Mr. Bryan D. Preston
Executive VP & CFO
No Bio Available
Mr. Jeffrey A. Lopper
Senior VP & Chief Accounting Officer
No Bio Available
Mr. Rob Schipper
Head of Investment Banking & MD
No Bio Available
Ms. Susan B. Zaunbrecher J.D.
Executive VP, Chief legal Officer & Corporate Secretary
No Bio Available
Ms. Melissa S. Stevens
Executive VP & Chief Marketing Officer
No Bio Available
Ms. Nancy C. Pinckney
Executive VP & Chief Human Resources Officer
No Bio Available

Contacts

Address
OHIO
Cincinnati
38 Fountain Square Plz
Contacts
+15135795300.0
www.53.com
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