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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%.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Revenue3,2742,8292,245+15.7%+45.8%
Pre-tax income1,036207808+400.5%+28.2%
Income tax23542.0180+459.5%+30.6%
Effective tax rate22.7%20.3%22.3%
Net income801165628+385.5%+27.5%
Net margin24.5%5.8%28.0%
Diluted EPS$0.83$0.15$0.88+453.3%-5.7%
$ 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

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow2,796-1,1061,306+114.1%
Capital expenditure174146143+19.2%+21.7%
Free cash flow2,622-1,2521,163+125.5%
Cash from investing-4,8465,4142,442
Cash from financing2,340-3,723-3,785
Depreciation and amortisation205199138+3.0%+48.6%
Share-based compensation43.014535.0-70.3%+22.9%
Buybacks0.00.00.0
Dividends paid402308284+30.5%+41.5%
Dividend per share$0.40$0.40$0.370.0%+8.1%
Diluted shares, weighted916m830m674m+10.3%+35.9%
Shares outstanding at period end907m906m668m+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

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity34,48234,10621,124+1.1%+63.2%
Deposits234,141233,621164,207+0.2%+42.6%
Debt22,26920,04218,063+11.1%+23.3%
Other liabilities9,2889,2706,597+0.2%+40.8%
Total liabilities and equity300,180297,039209,991+1.1%+42.9%
Fixed assets3,3433,2832,560+1.8%+30.6%
Goodwill9,9909,9664,918+0.2%+103.1%
Intangible assets1,2531,23375.0+1.6%+1,570.7%
Securities held for sale or to maturity62,87062,55049,900+0.5%+26.0%
Loans175,610173,328119,984+1.3%+46.4%
Cash and equivalents4,3744,0842,972+7.1%+47.2%
Other assets42,74042,59529,582+0.3%+44.5%
Total assets300,180297,039209,991+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.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue1,9891,8792,0152,1702,3112,2132,1832,1532,1592,0942,0822,1322,1712,1312,2452,3012,3402,8293,2743,279
Interest expense97.094.01252624976969131,0911,2331,224n/an/an/an/an/an/an/an/an/an/a
Pre-tax income8286127248459127187758466496587647287666538088379132071,0361,108
Tax rate20%19%22%23%19%22%22%22%18%21%21%21%19%21%22%22%20%20%23%22%
Net income663494562653737558601660530520601573620515628649730165801866
Net margin33%26%28%30%32%25%28%31%25%25%29%27%29%24%28%28%31%6%24%26%
Diluted EPS$0.89$0.68$0.76$0.91$1.00$0.78$0.82$0.91$0.72$0.70$0.81$0.78$0.85$0.71$0.88$0.91$1.04$0.15$0.83$0.90
Operating cash flow1,3421,6879581,7102,0731,3214806362,0723866791,860-1011,2331,3061,046929-1,1062,796835
Capital expenditure85.063.080.097.010811313511712665.091.0113145117143160164146174184
Free cash flow1,2571,6248781,6131,9651,2083455191,9463215881,747-2461,1161,163886765-1,2522,622651
Buybacks3160.00.00.01002000.00.00.00.01252003002250.03000.00.00.00.0
Dividends paid243230242228227294265225276287280320289297284285297308402403
Shares outstanding683m686m686m686m683m681m681m681m681m684m681m676m670m667m668m661m661m906m907m907m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
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.