Fifth Third Bancorp (FITB) Q2 FY2026 earnings: revenue $3.3 billion, up 45.8% on the year
Fifth Third Bancorp (FITB) reported revenue of $3.3 billion for Q2 FY2026, the quarter ended 30 June 2026, up 45.8% on the same quarter a year earlier. Net income was $801 million, up 27.5% on the year, and diluted earnings per share $0.83. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.
Revenue
$3.3 billion
+45.8% on the year · +15.7% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
n/a
Q3 FY2024Q2 FY2026
Net income
$801 million
+27.5% on the year · +385.5% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$0.83
-5.7% on the year · +453.3% on the quarter
Q3 FY2024Q2 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Quarterly earnings rose on Comerica: Net income available to common shareholders was $763 million, or $0.83 diluted EPS, against $128 million, or $0.15, in the first quarter and $591 million, or $0.88, a year earlier.
Full-quarter Comerica lifted net interest income: Net interest income on an FTE basis was $2,220 million, up 14% from the first quarter and 48% from a year earlier, mainly from a full quarter of Comerica.
Net charge-offs lowest since 2023: Net charge-offs were $135 million and the NCO ratio was 0.30%, down 7 bps sequentially. Commercial NCO ratio was 0.21% and consumer 0.53%.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q2 FY2026
Q1 FY2026
Q2 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
2,796
-1,106
1,306
+114.1%
Capital expenditure
174
146
143
+19.2%
+21.7%
Free cash flow
2,622
-1,252
1,163
+125.5%
Cash from investing
-4,846
5,414
2,442
Cash from financing
2,340
-3,723
-3,785
Depreciation and amortisation
205
199
138
+3.0%
+48.6%
Share-based compensation
43.0
145
35.0
-70.3%
+22.9%
Buybacks
0.0
0.0
0.0
Dividends paid
402
308
284
+30.5%
+41.5%
Dividend per share
$0.40
$0.40
$0.37
0.0%
+8.1%
Diluted shares, weighted
916m
830m
674m
+10.3%
+35.9%
Shares outstanding at period end
907m
906m
668m
+0.1%
+35.8%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q2 FY2026
Q1 FY2026
Q2 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
34,482
34,106
21,124
+1.1%
+63.2%
Deposits
234,141
233,621
164,207
+0.2%
+42.6%
Debt
22,269
20,042
18,063
+11.1%
+23.3%
Other liabilities
9,288
9,270
6,597
+0.2%
+40.8%
Total liabilities and equity
300,180
297,039
209,991
+1.1%
+42.9%
Fixed assets
3,343
3,283
2,560
+1.8%
+30.6%
Goodwill
9,990
9,966
4,918
+0.2%
+103.1%
Intangible assets
1,253
1,233
75.0
+1.6%
+1,570.7%
Securities held for sale or to maturity
62,870
62,550
49,900
+0.5%
+26.0%
Loans
175,610
173,328
119,984
+1.3%
+46.4%
Cash and equivalents
4,374
4,084
2,972
+7.1%
+47.2%
Other assets
42,740
42,595
29,582
+0.3%
+44.5%
Total assets
300,180
297,039
209,991
+1.1%
+42.9%
Questions
What was Fifth Third Bancorp's revenue in Q2 FY2026?
Fifth Third Bancorp (FITB) reported revenue of $3.3 billion for Q2 FY2026, the quarter ended 30 June 2026, up 45.8% on the same quarter a year earlier.
How much did Fifth Third Bancorp earn in Q2 FY2026?
Net income for Q2 FY2026 was $801 million, up 27.5% on the year, and diluted earnings per share $0.83.
When did Fifth Third Bancorp report Q2 FY2026 results?
Fifth Third Bancorp filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 4 August 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 June 2026, filed 4 August 2026: the filing.