Fifth Third Q2 2026 profit rises to $763 million; diluted EPS $0.83 vs $0.88 a year ago
Fifth Third reported second-quarter 2026 net income available to common shareholders of $763 million, or $0.83 per diluted share, up from $128 million ($0.15) in the first quarter but down 6% per share from $0.88 a year earlier. Results include $0.19 per share of items, mainly $155 million after-tax in merger-related charges tied to the Comerica acquisition, and the company did not repurchase shares in the first half of 2026.
Key points
- Diluted EPS of $0.83 compares with $0.15 in the prior quarter and $0.88 in the year-ago quarter; excluding $0.19 of certain items, adjusted EPS was $1.02.
- Net interest income rose 48% year over year to $2.220 billion, reflecting a full quarter of Comerica.
- Net charge-off ratio improved to 0.30%, the lowest level since the second quarter of 2023.
- CET1 capital ratio was 9.93%, and there was no share repurchase activity in the first half of 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 17, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.