Fifth Third Bancorp

Fifth Third Bancorp (Fifth Third) is a U.S. bank holding company based in Cincinnati, Ohio. Its bank, Fifth Third Bank, National Association, serves businesses, consumers and wealth clients through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. On February 1, 2026, Fifth Third bought Comerica Incorporated in an all-stock deal valued at about $12.7 billion, with 1.8663 Fifth Third shares for each Comerica share.

At September 30, 2026, it had $301 billion of assets, $239.5 billion of deposits, 1,429 full-service banking centers in fifteen states and 25,069 full-time equivalent employees. Net income available to common shareholders was $828 million in Q3 2026. Tim Spence is Chairman, Chief Executive Officer and President.

The market prices Fifth Third as a large regional bank that must still prove the value of the Comerica purchase. The deal raised the share count by about 37%, and merger charges cut reported EPS to $0.90 in Q3 2026, against adjusted EPS of $1.13. Investors also doubt that deposit costs stay under control, because competition for deposits is rising. For the shares to earn more, three things must be true.

Fifth Third must keep the full $850 million of yearly cost savings from Comerica and keep its clients in Texas, California and Michigan. Net interest income must rise as fixed-rate assets reprice, while net charge-offs stay near 0.30% to 0.35% of loans. And the bank must reach its 2027 targets of a return on tangible common equity of 19% or more and an efficiency ratio of 53%, which also give room for share repurchases. The Q4 2026 report, expected in January 2027, and the quarterly reports in 2027 are the next tests.

1. Oct 19, 2026Passed

   Q3 2026 results: Comerica integration and creditAdjusted EPS above Q2 with net charge-offs of 0.40% or less passes; lower adjusted EPS or higher losses fail.Outcome: Adjusted EPS rose to $1.13 from $1.02, net charge-offs were 0.31%, and the systems conversion of Comerica was complete.
2. Jan 19, 2027 · est.Pending

   Q4 2026 results and 2027 outlookNet interest income up 2.5% or more from Q3, lower expenses and net charge-offs of 0.35% or less pass; a miss on these fails.
3. 2027 · est.Pending

   2027 return and efficiency targetsA return on tangible common equity of 19% or more and an efficiency ratio near 53% for 2027 pass; lower returns fail.

Every passed and failed checkpoint across all picks

• October 19, 2026Fifth Third reported Q3 2026 results. Net income available to common shareholders was $828 million, or $0.90 per diluted share, and adjusted EPS was $1.13. Net interest income rose 3% from Q2 to $2.28 billion, net charge-offs were 0.31% of loans, and the CET1 ratio was 10.02%. The quarterly dividend was $0.42 per share, up from $0.40.
• October 19, 2026In the same report, Fifth Third said that it completed the systems conversion of Comerica and that the full $850 million run rate of yearly cost savings is in place for Q4 2026. For Q4 2026, it expects net interest income to rise 2.5% to 3.5% and noninterest expense to fall 2% to 3%.
• September 24, 2026Fifth Third gave notice that it will redeem all of its $500 million of 1.707% senior notes due 2027.

Last earnings

October 19, 2026 (8-K on sec.gov)

Next earnings

Expected about January 19, 2027. The company has not confirmed the date.

• 10-QQuarterly report for the period ended Sep 30, 2026Filed November 3, 2026 · fitb-20260930
• 8-KEarnings release and Investor disclosureFiled October 19, 2026 · Press release and exhibits
• 8-KOther company newsFiled September 24, 2026 · fitb-20260924
• 8-KOther company newsFiled September 23, 2026 · fitb-20260922
• 8-KInvestor disclosureFiled September 14, 2026 · fitb-20260914
• 8-KOther company newsFiled August 21, 2026 · fitb-20260821
• 10-QQuarterly report for the period ended Jun 30, 2026Filed August 4, 2026 · fitb-20260630
• 8-KInvestor disclosureFiled July 30, 2026 · fitb-20260730
• 8-KEarnings release and Investor disclosureFiled July 17, 2026 · Press release and exhibits
• 8-KOther company newsFiled June 10, 2026 · Read it on sec.gov

Every filing on SEC EDGAR (CIK 35527)

• Fifth Third must keep the clients and bankers of Comerica after the systems conversion. Losses of clients in Texas, California or Michigan would lower deposits and fees, and merger charges were $225 million before tax in Q3 2026.
• Competition for deposits is rising. The rate paid on interest-bearing liabilities rose to 2.50% in Q3 2026 from 2.44% in Q2, and higher deposit costs or lower market rates can reduce net interest income.
• Net charge-offs were 0.31% of loans in Q3 2026, and Fifth Third expects 0.30% to 0.35% in Q4. A weaker economy would raise losses on commercial and consumer loans.
• Unrealized losses on securities and hedges made accumulated other comprehensive income minus $4.9 billion at September 30, 2026. Higher long-term interest rates lower tangible book value and can limit capital returns.
• Interchange litigation matters cost $34 million before tax in Q3 2026, and other lawsuits and regulatory changes can add costs.

Fifth Third funds itself mostly with deposits. At September 30, 2026, total assets were $301.2 billion and total deposits were $239.5 billion, and the loan-to-core deposit ratio was 76%. Read more

Yield at the current rate

3.1% (current annual rate, at today’s price)

Dividend yield

3.0% (last 12 months, at today’s price of $54.19)

Paid per share

$1.62 in the last 12 months (4 payments)

Current annual rate

$1.68 ($0.42 × 4 a year)

Payout ratio

44% of the last fiscal year’s earnings (the year that ended December 31, 2025)

Latest ex-dividend date

September 30, 2026, $0.42 per share

Dividends per share by year

From 2020 to 2025, the dividend grew by about 7.4% a year. From 2015 to 2025, the dividend grew by about 11.5% a year.

Source: company filings and market data, read on November 13, 2026. The ex-dividend date is the first day a buyer no longer gets the next payment.