Fifth Third Bancorp (NYSE: FITB) reported third-quarter 2026 net income of $866 million and net income available to common shareholders of $828 million, or $0.90 per diluted share. Diluted EPS increased from $0.83 in the prior quarter and compared with $0.91 a year earlier.
Net interest income on a fully taxable-equivalent basis rose 3% sequentially to $2.276 billion, while FTE total revenue was $3.284 billion. Average deposits increased 3% sequentially to $238.344 billion.
- GAAP net interest income was $2.271 billion, up 3% sequentially and 49% year over year.
- Noninterest income was $1.008 billion, down 5% sequentially and up 29% year over year.
- Noninterest expense was $2.049 billion, down 3% sequentially.
- Average portfolio loans and leases increased 1% sequentially to $179.244 billion.
- Net charge-offs were $139 million, or 0.31% of average portfolio loans and leases.
- The CET1 capital ratio was 10.02%, compared with 9.93% in the prior quarter.