Earnings summaries and quarterly performance for FITB.
Research analysts who have asked questions during FITB earnings calls.
Ebrahim Poonawala
Bank of America Securities
4 questions for FITB
Also covers: , BK, BMO +30 more
Christopher Marinac
Janney Montgomery Scott LLC
3 questions for FITB
Also covers: ABCB, BFST, BKU +24 more
MG
Manan Gosalia
Morgan Stanley
3 questions for FITB
Also covers: CADE, CFG, CFR +16 more
MO
Matthew O'Connor
Deutsche Bank
3 questions for FITB
Also covers: BAC, C, CFG +11 more
Robert Siefers
Piper Sandler & Co.
3 questions for FITB
Also covers: ASB, CFG, CMA +4 more
Erika Najarian
UBS
2 questions for FITB
Also covers: AXP, BAC, C +14 more
Gerard Cassidy
RBC Capital Markets
2 questions for FITB
Also covers: BAC, BK, BPOP +14 more
LE
L. Erika Penala
UBS
2 questions for FITB
Also covers: AXP, BAC, CFG +9 more
MM
Michael Mayo
Wells Fargo
2 questions for FITB
Also covers: BAC, BK, C +10 more
Bill Carcache
Wolfe Research, LLC
1 question for FITB
Also covers: BFH, CMA, COF +10 more
BF
Brian Foran
Truist Financial
1 question for FITB
Also covers: AXP, CMA, COF +6 more
Christopher McGratty
Keefe, Bruyette & Woods
1 question for FITB
Also covers: ASB, BAC, BANC +33 more
JP
John Pancari
Evercore ISI
1 question for FITB
Also covers: ALLY, BFH, CFG +16 more
KU
Kenneth Usdin
Jefferies
1 question for FITB
Also covers: BK, C, HBAN +7 more
MM
Mike Mayo
Wells Fargo
1 question for FITB
Also covers: BAC, BK, C +11 more
RS
R. Scott Siefers
Piper Sandler Companies
1 question for FITB
Also covers: ASB, CFG, KEY +6 more
Ryan Nash
Goldman Sachs & Co.
1 question for FITB
Also covers: ALLY, AXP, CFG +6 more
SA
Steven Alexopoulos
JPMorgan Chase & Co.
1 question for FITB
Also covers: BAC, C, CFG +10 more
Thomas Leddy
RBC Capital Markets
1 question for FITB
Also covers: BK, BPOP, KEY +2 more
TL
Thomas Letty
RBC Capital Markets
1 question for FITB
Recent press releases and 8-K filings for FITB.
Fifth Third reiterates 2025 guidance and details Comerica acquisition plan
FITB
Guidance Update
M&A
New Projects/Investments
- Fifth Third expects record net interest income and over 200 bps of operating leverage in full-year 2025, and reaffirms Q4 PPNR guidance with projected credit losses around 40 bps.
- The bank plans to complete its Comerica deal in Q1 2026, delivering no TBV per share dilution at close, 9% EPS accretion, and targeting 19% ROTCE and a low-to-mid-50s efficiency ratio by 2027.
- Post-close, Fifth Third aims to realize $850 million in expense synergies and over $500 million in annual revenue synergies within five years by scaling Comerica’s middle-market platform, expanding branch density, deepening client wallets, and building an innovation-economy banking franchise.
- In 2025, Fifth Third expanded its Southeast footprint, opening its 200th Florida branch and 100th Carolinas branch, with de novo branches achieving 45% better deposit growth and 3–4× consumer household growth versus peers.
Dec 10, 2025, 1:00 PM
Fifth Third expects record NII in 2025 and details Comerica acquisition
FITB
Guidance Update
M&A
New Projects/Investments
- Fifth Third expects record net interest income (NII) and over 200 bps of positive operating leverage in 2025; Q4 PPNR outlook reaffirmed, with credit losses of around 40 bps.
- The bank opened its 200th Florida branch and 100th Carolinas branch, and Southeastern plus California/Texas markets contributed nearly 50% of middle-market C&I loan production and private bank net AUM flows in 2025.
- The mobile app received 400+ updates, earned a J.D. Power award, and small business unit climbed 36 positions in SBA lending rank; partnership with Brex aims to convert a $6 billion commercial card spend base to an AI-powered platform, with pilot take rates up 10×.
- Fifth Third acquired Mechanics Bank’s Fannie Mae DUSP platform with $1.8 billion UPB and plans a Comerica merger in Q1 2026, targeting 9% EPS accretion, $850 million in expense synergies, and 19% ROTCE by 2027.
Dec 10, 2025, 1:00 PM
Fifth Third outlines growth strategy and Comerica acquisition at GS conference
FITB
Guidance Update
M&A
New Projects/Investments
- Fifth Third expects record net interest income and over 200 bps of positive operating leverage in 2025, reaffirming its Q4 PPNR outlook and targeting credit losses near 40 bps.
- Southeast expansion milestone: opened 200th Florida branch and 100th Carolina branch, with DeNovo units generating 45% higher deposit growth and 3–4× consumer household growth vs. peers.
- Partnerships: migrating $6 billion in annual card spend to a co-branded Brex AI spend platform to boost conversion rates tenfold ; acquired Mechanics Bank’s Fannie Mae DUSP platform with $1.8 billion UPB to add fee-based servicing.
- Comerica deal: closing Q1 2026 with no TBV dilution, 9% EPS accretion, unlocking $850 million of expense synergies, and aiming for 19% ROTCE and a low-50s efficiency ratio by 2027.
Dec 10, 2025, 1:00 PM
Fifth Third Bancorp details strategic combination and franchise profile
FITB
M&A
- Fifth Third Bancorp operates with $213 billion in assets, $167 billion in deposits, and 1,102 U.S. branches, ranking 10th in assets, 9th in deposits, and 8th in branches.
- The bank’s diversified portfolio comprises Commercial Banking (loans $68 B; deposits $61 B), Consumer & Small Business Banking (loans $51 B; deposits $92 B), and Wealth & Asset Management (loans $5 B; deposits $10 B).
- A proposed strategic combination is expected to deliver a 22% IRR, achieve 19%+ ROTCE (up 200 bps), and drive the efficiency ratio into the low-to-mid 50s within two years, with no tangible book value per share dilution.
- The transaction will scale two $1 billion+ recurring revenue engines in Commercial Payments and Wealth & Asset Management, while expanding density in core and high-growth markets.
Nov 7, 2025, 2:00 PM
Fifth Third announces acquisition of Comerica
FITB
M&A
New Projects/Investments
- Fifth Third agreed to acquire Comerica to combine strength-on-strength in retail and middle-market banking and to access key markets in Texas and California, targeting customer day one in October 2026.
- The bank will expand its Texas retail footprint from 109 to 150 branches by 2027–2029—with ~75% in Dallas and Houston—and complete its Southeast de novo program with 200 locations by end-2028 to drive deposit and loan growth.
- Integration lessons from the 2018 MB Financial deal extend the post-close conversion window to seven months (vs. seven weeks) to allow thorough legal, data and fraud-testing processes for a smoother customer migration.
- Upon closing, Fifth Third will enter Category 3 regulatory status but has prebuilt readiness—covering LCR, SECL, and T+2 reporting requirements—as part of its synergy planning at minimal incremental cost.
Nov 7, 2025, 2:00 PM
Fifth Third to acquire Comerica, enhancing retail and middle market presence
FITB
M&A
New Projects/Investments
- Fifth Third plans to acquire Comerica with legal close targeted for March 2026 and customer day one in October 2026, providing a seven-month integration window versus a seven-week conversion for its 2018 MBFI deal.
- The deal adds 109 Texas branches, with 150 new locations planned by 2029 (75% in Dallas and Houston), and Fifth Third will complete 200 Southeast de novos by 2028, where 2024–25 vintages are achieving 160% of deposit goals.
- Post-conversion, Comerica’s consumer customers will gain access to Fifth Third’s #1 regional banking mobile app, customer recommendation engine, MyDay, and Momentum Banking features to drive retail growth.
- Fifth Third has built a Category 3 readiness program—maintaining LCR infrastructure, accelerating 2052A reporting, and scoping SECL compliance—expecting minimal incremental costs covered by deal synergies.
- Its non-bank financial institution lending portfolio stands at $10.2 bn, with ~70% in low-loss segments (warehouse, corporate credit, subscription lines) and a cautious approach toward NAV and private credit facilities.
Nov 7, 2025, 2:00 PM
Fifth Third Bank outlines Comerica acquisition strategy at BancAnalysts Association conference
FITB
M&A
New Projects/Investments
- Fifth Third Bank’s CFO Bryan Preston explained the strategic rationale for acquiring Comerica, emphasizing the combination of strong retail deposit growth and middle-market banking franchises to shift its growth profile toward the Texas market.
- The bank plans a seven-month integration window (legal day one to customer day one) to address system customizations and improve relationship-manager retention, learning from the longer close-to-conversion timeline of its MBFI deal.
- Fifth Third will expand its branch network with 150 new locations in Texas (75% in Dallas and Houston) post-acquisition and complete its Southeast program of 200 de novos by 2028 to capitalize on higher population growth.
- Management expects a neutral capital impact, will hold off on share buybacks until after closing, maintain a 10.5% CET1 target, and is prepared for Category 3 regulatory requirements with an existing readiness program.
Nov 7, 2025, 2:00 PM
Fifth Third Bancorp reports Q3 2025 results
FITB
Earnings
Guidance Update
Share Buyback
- EPS: Reported $0.91, adjusted $0.93; adjusted ROE 13.0%.
- Generated adjusted PPNR of $1,061 MM; net interest income $1,525 MM at a margin of 3.13%.
- Average consumer loans up 7% y/y and commercial loans up 4% y/y; 4Q25 average loans forecast up 1% q/q.
- Credit metrics: NPL ratio 0.62%, NCO ratio 1.09% (vs. 0.45% in 2Q25), ACL ratio 1.96%.
- Capital and liquidity: CET1 ratio 10.54%, liquidity sources $107 B, executed $300 MM share repurchases and raised dividend 8%.
Oct 17, 2025, 1:00 PM
Fifth Third reports Q3 2025 results and provides Comerica merger update
FITB
Earnings
M&A
Guidance Update
- Fifth Third announced a merger agreement with Comerica, with regulatory filings on track for completion by month-end and an expected close around end-2026; both employees and communities have reacted positively to the transaction.
- Third quarter earnings per share were $0.91 (or $0.93 core), with adjusted revenue of $2.30 billion (+6% YoY), net interest income up 7%, fees up 5%, and pre-provision net revenue rising 11%; net loan growth was 6% YoY and adjusted ROA was 1.25%.
- Credit remained stable: net charge-off ratio was 109 bps (including $178 million from a fraud event), nonperforming assets declined, the allowance for credit losses was 1.96% of loans, and CET1 capital stood at 10.54%.
- Fourth quarter guidance assumes two 25 bps rate cuts, with net interest income expected to be stable to +1%, adjusted noninterest income up 2–3%, expenses up 2%, and net charge-offs around 40 bps; full-year adjusted revenue and PPNR are projected to increase by about 5% and 7–8%, respectively.
Oct 17, 2025, 1:00 PM
Fifth Third Bancorp reports Q3 2025 results and merger with Comerica
FITB
Earnings
M&A
Guidance Update
- Fifth Third announced a merger with Comerica, expected to close end of Q1 2026, targeting strength-strength synergies and superior IRR/NPV versus organic growth.
- Q3 EPS was $0.91 ($0.93 excluding items); average loans rose 6% y/y and consumer DDAs 6% y/y; adjusted revenues increased 6%, delivering 330 bps of positive operating leverage.
- Adjusted revenue reached $2.3 billion, NII grew 7% y/y with net interest margin up 23 bps, and fee businesses expanded 5% y/y in wealth, payments, and capital markets.
- Credit included a $200 million provision for Tricolor fraud; net charge-off ratio was 1.09%; NPAs fell 10% sequentially to 0.65%; ACL coverage ratio rose to 302% of NPAs.
- Q4 guidance assumes NII stable to +1%, adjusted non-interest income +2–3%, expenses +2%; full-year revenue +5%, PP&R +7–8%; net charge-offs ~40 bps; share repurchases paused until merger close.
Oct 17, 2025, 1:00 PM
Quarterly earnings call transcripts for FITB.
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