Fifth Third posts $0.83 second-quarter EPS

• Fifth Third Bancorp (NYSE:FITB) reported second quarter 2026 earnings of $0.83 per share, with an adjusted EPS of $1.02.
• The company's net interest margin expanded by 6 basis points compared to the previous quarter.
• Management attributed current profitability to disciplined expense management and strong organic growth across key banking divisions.

Fifth Third Bancorp (NYSE:FITB) reported Q2 2026 EPS of $0.83 and adjusted EPS of $1.02, supported by organic growth and Comerica integration.

Reported EPS increased from $0.15 in Q1, while adjusted EPS rose from about $0.84 as merger-related costs affected the earlier period.

Net interest margin expanded six basis points sequentially, while interest-bearing deposit costs declined two basis points to 2.13%.

Net charge-offs fell to 30 basis points, the adjusted efficiency ratio improved to 57.1% and tangible common equity increased 43 basis points year over year.

Meanwhile, Fifth Third completed its $10.9 billion acquisition of Comerica in February, expanding the combined bank’s presence across Texas and other major markets.

The Southwest campaign added $2.5 billion of consumer deposits, while Newline deposits rose $2.1 billion and fee revenue increased 35% year over year.