Recent Updates — FITBI
Fifth Third Bancorp reported second quarter 2026 net income available to common shareholders of $763 million, or $0.83 per diluted share, compared to $128 million, or $0.15 per diluted share, in the prior quarter. Net interest income (FTE) rose 14% sequentially to $2.22 billion, while noninterest income increased 18% sequentially to $1.059 billion. The company's net interest margin expanded 6 basis points sequentially to 3.36%. Total assets surpassed $300 billion, and the company formally became a Category III institution. Adjusted earnings per share was $1.02, which excludes $0.19 of certain items including merger-related charges and securities repositioning losses. Fifth Third Bancorp is a financial services company providing banking, wealth management, and commercial services.