Fifth Third Bancorp (FITB)

The company now

Fifth Third Bancorp reported third-quarter 2026 net income available to common shareholders of $828 million, or $0.90 per diluted share, on 19 October 1. That compares with $763 million in the prior quarter and $608 million a year earlier 1.

The bank now includes Comerica, bought in an all-stock deal valued at about $12.7 billion that closed on 1 February 2026 2. Excluding certain items, mostly merger charges, adjusted earnings per share were $1.13, the company said 1.

Chief executive Tim Spence said the bank completed the systems conversion less than a year after announcing the deal, with strong client and banker retention 1. Net charge-offs, loans written off as losses, were 31 basis points, which the company called resilient credit performance 1.

The open question is whether promised savings arrive: the company said in June it was on track for $850 million of yearly pre-tax expense savings by the end of 2026 5. Spence also warned that competition for deposits is heating up 1.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.