Fifth Third Bancorp Stock Earnings Reports

Fifth Third reported Q2 2026 results showing early benefits from the Comerica acquisition and continued organic momentum. Key financials and metrics: GAAP EPS $0.83 ($1.02 adjusted), tangible book value per share +10% YoY and +7% since the deal announcement, adjusted ROTCE ~19%, adjusted ROA ~1.3%, adjusted efficiency ratio 57.1%. Net interest income was $2.22B and NIM expanded to 3.36%; the bank raised full-year NII guidance to $8.74B–$8.80B and narrowed guidance for non-interest income and expense, implying >40% PPNR growth vs. 2025. Deposits and deposit franchise: period-end core deposits $231B, consumer and small business deposits up sequentially (notably +$2.5B in the Southwest), retail DDA growth and strong household acquisition in the Southeast and Southwest. Loan growth was broad-based: period-end loans $179B (1% q/q), C&I production led growth; Provide, home equity, and indirect auto contributed. Fee businesses strengthened: commercial payments, wealth & asset management each exceeded $1B annualized fee run rates; capital markets near a $600M annualized pace. Integration and technology: on track for Labor Day systems conversion to unlock $850M of run-rate expense synergies (many synergies already realized ahead of schedule); continued AI and product innovation (Newline, AI features in mobile app, Direct Express card rollout). Credit remains benign: net charge-offs improved to 30 bps annualized, ACL 1.76% of loans. Capital and capital return: CET1 ~9.93% (operating target 10%–10.5%), expect to resume regular buybacks in H2 with a heavier pace in Q4. Management emphasized disciplined balance sheet, reinvestment of any incremental synergies into growth opportunities, and confidence in converting integration progress into sustainable revenue and efficiency gains.