Revenue: As of FY2026 Q1, the actual value is USD 2.834 B.

EPS: As of FY2026 Q1, the actual value is USD 0.15.

EBIT: As of FY2026 Q1, the actual value is USD -1.495 B.

Overall Performance

• Net income available to common shareholders: Fifth Third Bancorp Depositary Shs Repr 1/1000th Non-Cum Red Perp Pfd Rg Shs Series K reported $128 million for 1Q26, compared to $699 million for 4Q25 and $478 million for 1Q25, representing an 82% decrease sequentially and a 73% decrease year-over-year .
• Net income: $165 million for 1Q26, $731 million for 4Q25, and $515 million for 1Q25 .
• After-tax impact of certain item(s) (1Q26): -$567 million, primarily due to merger-related charges of -$510 million and merger-related Day 1 ACL build of -$63 million, partially offset by $6 million from interchange litigation matters .

Revenue

• Net interest income (U.S. GAAP): $1,934 million for 1Q26, up from $1,529 million for 4Q25 and $1,437 million for 1Q25 .
• Net interest income (FTE): $1,939 million for 1Q26, a 26% increase from $1,533 million in 4Q25 and a 34% increase from $1,442 million in 1Q25 .
• Total noninterest income: $895 million for 1Q26, a 10% increase from $811 million in 4Q25 and a 29% increase from $694 million in 1Q25 .
  • Wealth and asset management revenue: $233 million for 1Q26, up 26% sequentially and 35% year-over-year .
  • Commercial payments revenue: $218 million for 1Q26, up 31% sequentially and 42% year-over-year .
  • Consumer banking revenue: $146 million for 1Q26, up 2% sequentially and 7% year-over-year .
  • Capital markets fees: $134 million for 1Q26, up 11% sequentially and 49% year-over-year .
  • Commercial banking revenue: $105 million for 1Q26, up 3% sequentially and 31% year-over-year .
  • Mortgage banking net revenue: $44 million for 1Q26, down 21% sequentially and 23% year-over-year .
  • Other noninterest income: $27 million for 1Q26, down 36% sequentially but up 93% year-over-year .
  • Securities losses, net: -$12 million for 1Q26, compared to -$5 million for 4Q25 and -$9 million for 1Q25 .
• Noninterest income excluding certain items: $921 million for 1Q26, up 13% sequentially and 28% year-over-year .
• Total revenue (FTE): $2,834 million for 1Q26, up 21% from $2,344 million in 4Q25 and 33% from $2,136 million in 1Q25 .

Operational Costs

• Noninterest expense: $2,395 million for 1Q26, an 83% increase from $1,309 million in 4Q25 and an 84% increase from $1,304 million in 1Q25, including two months of Comerica results .
  • Compensation and benefits: $1,410 million for 1Q26, up 106% sequentially and 88% year-over-year .
  • Technology and communications: $204 million for 1Q26, up 48% sequentially and 66% year-over-year .
  • Net occupancy expense: $140 million for 1Q26, up 57% sequentially and 61% year-over-year .
  • Card and processing expense: $79 million for 1Q26, up 193% sequentially and 276% year-over-year .
  • Equipment expense: $55 million for 1Q26, up 28% sequentially and 31% year-over-year .
  • Loan and lease expense: $42 million for 1Q26, up 2% sequentially and 40% year-over-year .
  • Marketing expense: $50 million for 1Q26, up 35% sequentially and 79% year-over-year .
  • Other noninterest expense: $415 million for 1Q26, up 65% sequentially and 86% year-over-year .
• Noninterest expense excluding certain items and non-qualified deferred compensation: $1,769 million for 1Q26, up 39% compared to 4Q25 and 35% compared to 1Q25 .
• Income before income taxes (FTE): $212 million for 1Q26, down 77% from $916 million in 4Q25 and down 68% from $658 million in 1Q25 .
• Provision for credit losses: $227 million for 1Q26, a 91% increase from $119 million in 4Q25 and a 30% increase from $174 million in 1Q25 .

Balance Sheet & Credit Quality

• Average portfolio loans and leases: $157,632 million for 1Q26, up 28% sequentially and 30% year-over-year .
  • Total average commercial loans and leases: $105,858 million for 1Q26, up 42% sequentially and 42% year-over-year .
  • Total average consumer loans: $51,774 million for 1Q26, up 6% sequentially and 11% year-over-year .
• End of period portfolio loans and leases: $176,250 million for 1Q26, up 44% sequentially and 44% year-over-year, reflecting $46.5 billion of commercial loans and leases acquired from Comerica .
• Average deposits: $209,352 million for 1Q26, up 24% sequentially and 28% year-over-year .
• End of period total deposits: $233,621 million for 1Q26, up 36% sequentially and 41% year-over-year, including $65.2 billion of deposits acquired from Comerica .
• Average wholesale funding: $21,551 million for 1Q26, up 14% sequentially but down 3% year-over-year .
• Net charge-off ratio (NCO ratio): 0.37% for 1Q26, down 3 bps sequentially and 9 bps year-over-year .
• Nonperforming asset ratio (NPA ratio): 0.57% for 1Q26, compared to 0.65% for 4Q25 and 0.81% for 1Q25 .
• Total nonaccrual portfolio loans and leases (NPLs): $960 million for 1Q26, representing an NPL ratio of 0.54%, compared to 0.62% for 4Q25 and 0.79% for 1Q25 .
• Total allowance for credit losses (ACL): $3,154 million for 1Q26, up from $2,410 million in 4Q25 and $2,524 million in 1Q25 . The ACL ratio was 1.79% of total portfolio loans and leases at quarter end, down 17 bps sequentially and 28 bps year-over-year .
• ACL coverage ratio: Increased to 328% of nonperforming portfolio loans and leases and 316% of nonperforming portfolio assets for 1Q26 .

Capital Position

• CET1 capital ratio: 9.96% for 1Q26, decreased 85 bps sequentially .
• Tangible Common Equity (a): Increased 11 bps to 7.3% .
• Tangible book value per share (a): Grew 15% year-over-year .
• Average total Bancorp shareholders’ equity as a % of average assets: 11.34% for 1Q26, compared to 10.11% for 4Q25 and 9.50% for 1Q25 .

Unique Metrics & Highlights

• Comerica Acquisition: Fifth Third Bancorp Depositary Shs Repr 1/1000th Non-Cum Red Perp Pfd Rg Shs Series K successfully closed the Comerica acquisition on February 1, 2026, adding $86 billion in total assets, $51 billion in total loans, and $65 billion in total deposits . First quarter results include two months of Comerica activity .
• Funding mix: Demand deposits increased from 25% to 28% of total deposits .
• Newline deposits: Up $2.7 billion year-over-year .
• Fee revenues: Up 30% year-over-year .
• Legacy Fifth Third consumer household growth: 3%, including 8% in the Southeast .
• Banking centers: 1,489 for 1Q26, up from 1,130 for 4Q25 and 1,084 for 1Q25 .
• ATMs: 2,643 for 1Q26, up from 2,199 for 4Q25 and 2,069 for 1Q25 .
• Full-time equivalent employees: 25,980 for 1Q26, up from 18,676 for 4Q25 and 18,786 for 1Q25 .
• Assets under care: $746 billion for 1Q26, up from $690 billion for 4Q25 and $639 billion for 1Q25 .
• Assets under management: $119 billion for 1Q26, up from $80 billion for 4Q25 and $68 billion for 1Q25 .

Outlook / Guidance

Fifth Third Bancorp Depositary Shs Repr 1/1000th Non-Cum Red Perp Pfd Rg Shs Series K’s CEO, Tim Spence, noted that the first quarter demonstrated continued momentum, strong loan and deposit growth, and early financial benefits from the Comerica acquisition, including net interest margin expansion and tangible book value per share growth . The company remains focused on stability, profitability, and growth through disciplined execution, aiming to deepen client relationships, maintain strong credit performance, and deliver expected financial synergies from Comerica . They are committed to building a more resilient institution and providing consistent, long-term value for shareholders .