FITB 8-K

Fifth Third Bancorp (FITB)

8-K 2026-01-26 For: 2026-01-26

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Added on April 10, 2026

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						FIFTH THIRD BANCORP
						(Registrant)

January 26, 2026						/s/ Bryan D. Preston

						Bryan D. Preston
						Executive Vice President and Chief Financial Officer



Key Financial Data

$ in millions for all balance sheet and income statement items
	4Q25		3Q25		4Q24

Income Statement Data
Net income available to common shareholders	$699		$608		$582
Net interest income (U.S. GAAP)	1,529		1,520		1,437
Net interest income (FTE)(a)	1,533		1,525		1,443
Noninterest income	811		781		732
Noninterest expense	1,309		1,267		1,226

Per Share Data
Earnings per share, basic	$1.05		$0.91		$0.86
Earnings per share, diluted	1.04		0.91		0.85
Book value per share	30.18		29.26		26.17
Tangible book value per share(a)	22.60		21.66		18.69

Balance Sheet & Credit Quality
Average portfolio loans and leases	$123,430		$123,326		$117,860
Average deposits	168,384		164,754		167,237
Accumulated other comprehensive loss	(3,110)		(3,276)		(4,636)
Net charge-off ratio(b)	0.40	%	1.09	%	0.46	%
Nonperforming asset ratio(c)	0.65		0.65		0.71

Financial Ratios
Return on average assets	1.36	%	1.21	%	1.17	%
Return on average common equity	14.0		12.6		13.0
Return on average tangible common equity(a)	19.0		17.3		18.4
CET1 capital(d)(e)	10.77		10.57		10.57
Net interest margin(a)	3.13		3.13		2.97
Efficiency(a)	55.8		54.9		56.4
Other than the Quarterly Financial Review tables, commentary is on a fully taxable-equivalent (FTE) basis unless otherwise noted. Consistent with SEC guidance in Regulation S-K that contemplates the calculation of tax-exempt income on a taxable-equivalent basis, net interest income, net interest margin, net interest rate spread, total revenue and the efficiency ratio are provided on an FTE basis.


Income Statement Highlights
($ in millions, except per share data)	For the Three Months Ended			% Change
	December	September	December
	2025	2025	2024	Seq	Yr/Yr
Condensed Statements of Income
Net interest income (NII)(a)	$1,533	$1,525	$1,443	1%	6%
Provision for credit losses	119	197	179	(40)%	(34)%
Noninterest income	811	781	732	4%	11%
Noninterest expense	1,309	1,267	1,226	3%	7%
Income before income taxes(a)	$916	$842	$770	9%	19%

Taxable equivalent adjustment	$4	$5	$6	(20)%	(33)%
Applicable income tax expense	181	188	144	(4)%	26%
Net income	$731	$649	$620	13%	18%
Dividends on preferred stock	32	41	38	(22)%	(16)%
Net income available to common shareholders	$699	$608	$582	15%	20%
Earnings per share, diluted	$1.04	$0.91	$0.85	14%	22%



						Diluted earnings per share impact of certain item(s) - 4Q25

						(after-tax impact; $ in millions, except per share data)

						Fifth Third Foundation contribution(f)			$(38)
						Merger-related expenses(f)1			(13)
						Interchange litigation matters(f)2			(8)
						Benefit related to the resolution of certain tax matters			7
						Litigation settlements (noninterest income)(f)			9
						FDIC special assessment (noninterest expense)(f)			19

						After-tax impact of certain item(s)			$(24)

						Diluted earnings per share impact of certain item(s)3			$(0.04)

						Totals may not foot due to rounding; 1A portion of the adjustments related to merger-related expenses are not tax-deductible; 2Interchange litigation matters decreased noninterest income by $8 million and increased noninterest expense by $3 million; 3Diluted earnings per share impact reflects 669.153 million average diluted shares outstanding


Net Interest Income
(FTE; $ in millions)(a)	For the Three Months Ended						% Change
	December		September		December
	2025		2025		2024		Seq	Yr/Yr
Interest Income
Interest income	$2,472		$2,524		$2,534		(2)%	(2)%
Interest expense	939		999		1,091		(6)%	(14)%
Net interest income (NII)	$1,533		$1,525		$1,443		1%	6%


Average Yield/Rate Analysis							bps Change
Yield on interest-earning assets	5.05	%	5.18	%	5.21	%	(13)	(16)
Rate paid on interest-bearing liabilities	2.60	%	2.77	%	3.00	%	(17)	(40)

Ratios
Net interest rate spread	2.45	%	2.41	%	2.21	%	4	24
Net interest margin (NIM)	3.13	%	3.13	%	2.97	%	—	16


Noninterest Income
($ in millions)	For the Three Months Ended			% Change
	December	September	December
	2025	2025	2024	Seq	Yr/Yr
Noninterest Income
Wealth and asset management revenue	$185	$181	$163	2%	13%
Commercial payments revenue	167	157	155	6%	8%
Consumer banking revenue	143	144	137	(1)%	4%
Capital markets fees	121	115	123	5%	(2)%
Commercial banking revenue	102	87	109	17%	(6)%
Mortgage banking net revenue	56	58	57	(3)%	(2)%
Other noninterest income (loss)	42	29	(4)	45%	NM
Securities (losses) gains, net	(5)	10	(8)	NM	(38)%


Total noninterest income	$811	$781	$732	4%	11%


Noninterest Income excluding certain items
($ in millions)	For the Three Months Ended			% Change
	December	September	December
	2025	2025	2024	Seq	Yr/Yr
Noninterest Income excluding certain items
Noninterest income (U.S. GAAP)	$811	$781	$732
Interchange litigation matters	8	18	51
Litigation settlements	(12)	—	—
Securities (gains) losses, net	5	(10)	8
Noninterest income excluding certain items(a)	$812	$789	$791	3%	3%


Noninterest Expense excluding certain item(s)
($ in millions)	For the Three Months Ended			% Change
	December	September	December
	2025	2025	2024	Seq	Yr/Yr
Noninterest Expense excluding certain item(s)
Noninterest expense (U.S. GAAP)	$1,309	$1,267	$1,226
Fifth Third Foundation contribution	(50)	—	(15)
Merger-related expenses	(13)	—	—

FDIC special assessment	25	6	11
Interchange litigation matters	(3)	(9)	(4)

Noninterest expense excluding certain item(s)(a)	$1,268	$1,264	$1,218	—	4%
Non-qualified deferred compensation (expense)/benefit	5	(11)	7
Noninterest expense excluding certain item(s) and non-qualified deferred compensation(a)	$1,273	$1,253	$1,225	2%	4%


Average Interest-Earning Assets
($ in millions)	For the Three Months Ended			% Change
	December	September	December
	2025	2025	2024	Seq	Yr/Yr
Average Portfolio Loans and Leases
Commercial loans and leases:
Commercial and industrial loans	$53,947	$54,170	$51,567	—	5%
Commercial mortgage loans	12,079	12,027	11,792	—	2%
Commercial construction loans	5,399	5,541	5,702	(3)%	(5)%
Commercial leases	3,172	3,177	2,902	—	9%
Total commercial loans and leases	$74,597	$74,915	$71,963	—	4%
Consumer loans:
Residential mortgage loans	$17,660	$17,656	$17,322	—	2%
Home equity	4,769	4,579	4,125	4%	16%
Indirect secured consumer loans	17,879	17,729	16,100	1%	11%
Credit card	1,694	1,678	1,668	1%	2%
Solar energy installation loans	4,486	4,355	4,137	3%	8%
Other consumer loans	2,345	2,414	2,545	(3)%	(8)%
Total consumer loans	$48,833	$48,411	$45,897	1%	6%
Total average portfolio loans and leases	$123,430	$123,326	$117,860	—	5%

Average Loans and Leases Held for Sale
Commercial loans and leases held for sale	$19	$44	$48	(57)%	(60)%
Consumer loans held for sale	698	623	584	12%	20%
Total average loans and leases held for sale	$717	$667	$632	7%	13%

Total average loans and leases	$124,147	$123,993	$118,492	—	5%

Securities (taxable and tax-exempt)	$52,512	$54,592	$56,702	(4)%	(7)%
Other short-term investments	17,485	14,915	18,319	17%	(5)%
Total average interest-earning assets	$194,144	$193,500	$193,513	—	—


End of Period Interest-Earning Assets
($ in millions)	As of			% Change
	December	September	December
	2025	2025	2024	Seq	Yr/Yr
End of Period Portfolio Loans and Leases
Total commercial loans and leases	$73,562	$74,423	$73,293	(1)%	—
Total consumer loans	49,089	48,707	46,498	1%	6%
Total portfolio loans and leases	$122,651	$123,130	$119,791	—	2%

End of Period Loans and Leases Held for Sale


Total loans and leases held for sale	$733	$576	$640	27%	15%

Total loans and leases	$123,384	$123,706	$120,431	—	2%

Securities (taxable and tax-exempt)	$51,961	$52,680	$56,713	(1)%	(8)%
Other short-term investments	18,876	17,215	17,120	10%	10%
Total interest-earning assets	$194,221	$193,601	$194,264	—	—


Average Wholesale Funding
	($ in millions)	For the Three Months Ended			% Change
		December	September	December
		2025	2025	2024	Seq	Yr/Yr
	Average Wholesale Funding
	CDs over $250,0001	$1,948	$2,244	$2,531	(13)%	(23)%

	Federal funds purchased	204	198	223	3%	(9)%
	Securities sold under repurchase agreements	365	376	313	(3)%	17%
	FHLB advances	2,552	4,920	1,567	(48)%	63%
	Derivative collateral and other secured borrowings	84	82	76	2%	11%
	Long-term debt	13,700	14,001	15,492	(2)%	(12)%
	Total average wholesale funding	$18,853	$21,821	$20,202	(14)%	(7)%
	1CDs over $250,000 includes $0.8BN, $1.0BN, and $1.5BN of retail brokered certificates of deposit which are fully covered by FDIC insurance for the three months ended 12/31/25, 9/30/25, and 12/31/24, respectively.


Credit Quality Summary
($ in millions)	As of and For the Three Months Ended
	December		September		June		March		December
	2025		2025		2025		2025		2024

Total nonaccrual portfolio loans and leases (NPLs)	$767		$768		$853		$966		$823
Repossessed property	11		12		8		9		9
OREO	19		21		25		21		21
Total nonperforming portfolio loans and leases and OREO (NPAs)	$797		$801		$886		$996		$853

NPL ratio(g)	0.62	%	0.62	%	0.70	%	0.79	%	0.69	%
NPA ratio(c)	0.65	%	0.65	%	0.72	%	0.81	%	0.71	%

Portfolio loans and leases 30-89 days past due (accrual)	$360		$348		$277		$385		$303
Portfolio loans and leases 90 days past due (accrual)	30		29		34		33		32

30-89 days past due as a % of portfolio loans and leases	0.29	%	0.28	%	0.23	%	0.31	%	0.25	%
90 days past due as a % of portfolio loans and leases	0.02	%	0.02	%	0.03	%	0.03	%	0.03	%

Allowance for loan and lease losses (ALLL), beginning	$2,265		$2,412		$2,384		$2,352		$2,305
Total net losses charged-off	(125)		(339)		(139)		(136)		(136)
Provision for loan and lease losses	113		192		167		168		183
ALLL, ending	$2,253		$2,265		$2,412		$2,384		$2,352

Reserve for unfunded commitments, beginning	$151		$146		$140		$134		$138
Provision for (benefit from) the reserve for unfunded commitments	6		5		6		6		(4)
Reserve for unfunded commitments, ending	$157		$151		$146		$140		$134

Total allowance for credit losses (ACL)	$2,410		$2,416		$2,558		$2,524		$2,486

ACL ratios:
As a % of portfolio loans and leases	1.96	%	1.96	%	2.09	%	2.07	%	2.08	%
As a % of nonperforming portfolio loans and leases	314	%	314	%	300	%	261	%	302	%
As a % of nonperforming portfolio assets	302	%	302	%	289	%	253	%	291	%

ALLL as a % of portfolio loans and leases	1.84	%	1.84	%	1.97	%	1.95	%	1.96	%

Total losses charged-off	$(177)		$(382)		$(194)		$(173)		$(175)
Total recoveries of losses previously charged-off	52		43		55		37		39
Total net losses charged-off	$(125)		$(339)		$(139)		$(136)		$(136)

Net charge-off ratio (NCO ratio)(b)	0.40	%	1.09	%	0.45	%	0.46	%	0.46	%
Commercial NCO ratio	0.27	%	1.46	%	0.38	%	0.35	%	0.32	%
Consumer NCO ratio	0.59	%	0.52	%	0.56	%	0.63	%	0.68	%


Capital Position
	As of and For the Three Months Ended
	December		September		June		March		December
	2025		2025		2025		2025		2024
Capital Position
Average total Bancorp shareholders' equity as a % of average assets	10.11	%	10.02	%	9.82	%	9.50	%	9.40	%
Tangible equity(a)	9.28	%	9.12	%	9.39	%	9.07	%	9.02	%
Tangible common equity (excluding AOCI)(a)	8.46	%	8.29	%	8.38	%	8.07	%	8.03	%
Tangible common equity (including AOCI)(a)	7.14	%	6.89	%	6.84	%	6.40	%	6.02	%

Regulatory Capital Ratios(d)(e)
CET1 capital	10.77	%	10.57	%	10.58	%	10.43	%	10.57	%
Tier 1 risk-based capital	11.82	%	11.63	%	11.85	%	11.71	%	11.86	%
Total risk-based capital	13.73	%	13.54	%	13.77	%	13.63	%	13.86	%
Leverage	9.42	%	9.24	%	9.42	%	9.23	%	9.22	%


Fifth Third Bancorp and Subsidiaries
Consolidated Statements of Income
$ in millions	For the Three Months Ended			% Change		Year to Date		% Change
(unaudited)	December	September	December			December	December
	2025	2025	2024	Seq	Yr/Yr	2025	2024	Yr/Yr
Interest Income
Interest and fees on loans and leases	$1,862	$1,909	$1,836	(2%)	1%	$7,466	$7,477	—
Interest on securities	431	444	464	(3%)	(7%)	1,785	1,839	(3%)
Interest on other short-term investments	175	166	228	5%	(23%)	652	1,110	(41%)
Total interest income	2,468	2,519	2,528	(2%)	(2%)	9,903	10,426	(5%)

Interest Expense
Interest on deposits	726	750	856	(3%)	(15%)	2,952	3,736	(21%)
Interest on short-term borrowings(a)	34	61	25	(44%)	36%	215	168	28%
Interest on long-term debt	179	188	210	(5%)	(15%)	754	892	(15%)
Total interest expense	939	999	1,091	(6%)	(14%)	3,921	4,796	(18%)

Net Interest Income	1,529	1,520	1,437	1%	6%	5,982	5,630	6%

Provision for credit losses	119	197	179	(40%)	(34%)	662	530	25%
Net Interest Income After Provision for Credit Losses	1,410	1,323	1,258	7%	12%	5,320	5,100	4%

Noninterest Income
Wealth and asset management revenue	185	181	163	2%	13%	704	647	9%
Commercial payments revenue	167	157	155	6%	8%	630	608	4%
Consumer banking revenue	143	144	137	(1%)	4%	571	555	3%
Capital markets fees	121	115	123	5%	(2%)	415	424	(2%)
Commercial banking revenue	102	87	109	17%	(6%)	349	377	(7%)
Mortgage banking net revenue	56	58	57	(3%)	(2%)	227	211	8%
Other noninterest income (loss)	42	29	(4)	45%	NM	126	12	950%
Securities gains (losses), net	(5)	10	(8)	NM	(38%)	13	15	(13%)

Total noninterest income	811	781	732	4%	11%	3,035	2,849	7%

Noninterest Expense
Compensation and benefits	683	685	665	—	3%	2,815	2,763	2%
Technology and communications	138	128	123	8%	12%	516	474	9%
Net occupancy expense	89	89	88	—	1%	349	339	3%
Equipment expense	43	44	39	(2%)	10%	169	153	10%
Loan and lease expense	41	39	36	5%	14%	146	132	11%
Marketing expense	37	34	23	9%	61%	142	115	23%
Card and processing expense	27	22	21	23%	29%	92	84	10%
Other noninterest expense	251	226	231	11%	9%	915	973	(6%)
Total noninterest expense	1,309	1,267	1,226	3%	7%	5,144	5,033	2%
Income Before Income Taxes	912	837	764	9%	19%	3,211	2,916	10%
Applicable income tax expense	181	188	144	(4%)	26%	689	602	14%
Net Income	731	649	620	13%	18%	2,522	2,314	9%
Dividends on preferred stock	32	41	38	(22%)	(16%)	146	159	(8%)
Net Income Available to Common Shareholders	$699	$608	$582	15%	20%	$2,376	$2,155	10%


Fifth Third Bancorp and Subsidiaries
Consolidated Balance Sheets
$ in millions, except per share data	As of			% Change
(unaudited)	December	September	December
	2025	2025	2024	Seq		Yr/Yr
Assets
Cash and due from banks	$3,499	$2,901	$3,014	21%		16%
Other short-term investments	18,876	17,215	17,120	10%		10%
Available-for-sale debt and other securities(a)	36,159	36,461	39,547	(1%)		(9%)
Held-to-maturity securities(b)	11,368	11,498	11,278	(1%)		1%
Trading debt securities	1,057	1,266	1,185	(17%)		(11%)
Equity securities	453	287	341	58%		33%
Loans and leases held for sale	733	576	640	27%		15%
Portfolio loans and leases:
Commercial and industrial loans	52,749	53,947	52,271	(2%)		1%
Commercial mortgage loans	12,228	11,932	12,246	2%		—
Commercial construction loans	5,316	5,326	5,588	—		(5%)
Commercial leases	3,269	3,218	3,188	2%		3%
Total commercial loans and leases	73,562	74,423	73,293	(1%)		—
Residential mortgage loans	17,652	17,644	17,543	—		1%
Home equity	4,846	4,678	4,188	4%		16%
Indirect secured consumer loans	17,964	17,885	16,313	—		10%
Credit card	1,747	1,692	1,734	3%		1%
Solar energy installation loans	4,560	4,432	4,202	3%		9%
Other consumer loans	2,320	2,376	2,518	(2%)		(8%)
Total consumer loans	49,089	48,707	46,498	1%		6%
Portfolio loans and leases	122,651	123,130	119,791	—		2%
Allowance for loan and lease losses	(2,253)	(2,265)	(2,352)	(1%)		(4%)
Portfolio loans and leases, net	120,398	120,865	117,439	—		3%
Bank premises and equipment	2,734	2,655	2,475	3%		10%
Operating lease equipment	374	379	319	(1%)		17%
Goodwill	4,947	4,947	4,918	—		1%
Intangible assets	69	76	90	(9%)		(23%)
Servicing rights	1,598	1,601	1,704	—		(6%)
Other assets	12,111	12,176	12,857	(1%)		(6%)
Total Assets	$214,376	$212,903	$212,927	1%		1%

Liabilities
Deposits:
Demand	$42,647	$41,830	$41,038	2%		4%
Interest checking	61,155	57,239	59,306	7%		3%
Savings	16,155	16,110	17,147	—		(6%)
Money market	39,285	38,748	36,605	1%		7%
CDs $250,000 or less	10,599	10,667	10,798	(1%)		(2%)
CDs over $250,000	1,978	1,975	2,358	—		(16%)
Total deposits	171,819	166,569	167,252	3%		3%
Short-term borrowings(d)	926	5,260	4,654	(82%)		(80%)
Accrued taxes, interest and expenses	2,083	1,943	2,137	7%		(3%)
Other liabilities	4,235	4,347	4,902	(3%)		(14%)
Long-term debt	13,589	13,677	14,337	(1%)		(5%)
Total Liabilities	192,652	191,796	193,282	—		—
Equity
Common stock(c)	2,051	2,051	2,051	—		—
Preferred stock	1,770	1,770	2,116	—		(16%)
Capital surplus	3,831	3,813	3,804	—		1%
Retained earnings	25,488	25,057	24,150	2%		6%
Accumulated other comprehensive loss	(3,110)	(3,276)	(4,636)	(5%)		(33%)
Treasury stock	(8,306)	(8,308)	(7,840)	—		6%
Total Equity	21,724	21,107	19,645	3%		11%
Total Liabilities and Equity	$214,376	$212,903	$212,927	1%		1%
(a) Amortized cost	$39,107	$39,617	$43,878	(1%)		(11%)
(b) Market values	11,404	11,506	10,965	(1	%)	4	%
(c) Common shares, stated value $2.22 per share (in thousands):
Authorized	2,000,000	2,000,000	2,000,000	—		—
Outstanding, excluding treasury	661,198	660,973	669,854	—		—
Treasury	262,695	262,919	254,039	—		—
(d) Effective December 31, 2025, federal funds purchased and other short-term borrowings are included in short-term borrowings. Prior periods have been adjusted to conform to current period presentation.


Fifth Third Bancorp and Subsidiaries
Non-GAAP Reconciliation
$ and shares in millions		As of and For the Three Months Ended
(unaudited)		December		September		June		March		December
		2025		2025		2025		2025		2024
Net interest income		$1,529		$1,520		$1,495		$1,437		$1,437
Add: Taxable equivalent adjustment		4		5		5		5		6
Net interest income (FTE) (a)		1,533		1,525		1,500		1,442		1,443

Net interest income (annualized) (b)		6,066		6,030		5,996		5,828		5,717
Net interest income (FTE) (annualized) (c)		6,082		6,050		6,016		5,848		5,741

Interest income		2,468		2,519		2,484		2,432		2,528
Add: Taxable equivalent adjustment		4		5		5		5		6
Interest income (FTE)		2,472		2,524		2,489		2,437		2,534
Interest income (FTE) (annualized) (d)		9,807		10,014		9,983		9,883		10,081

Interest expense (annualized) (e)		3,725		3,963		3,967		4,035		4,340
Average interest-earning assets (f)		194,144		193,500		192,682		192,808		193,513
Average interest-bearing liabilities (g)		143,518		143,096		142,913		144,285		144,771

Net interest margin (b) / (f)		3.12	%	3.12	%	3.11	%	3.02	%	2.95	%
Net interest margin (FTE) (c) / (f)		3.13	%	3.13	%	3.12	%	3.03	%	2.97	%
Net interest rate spread (FTE) (d) / (f) - (e) / (g)		2.45	%	2.41	%	2.40	%	2.33	%	2.21	%

Income before income taxes		$912		$837		$808		$653		$764
Add: Taxable equivalent adjustment		4		5		5		5		6
Income before income taxes (FTE)		916		842		813		658		770

Net income available to common shareholders		699		608		591		478		582
Add: Intangible amortization, net of tax		5		5		5		6		7
Tangible net income available to common shareholders (h)		704		613		596		484		589
Tangible net income available to common shareholders (annualized) (i)		2,793		2,432		2,391		1,963		2,343

Average Bancorp shareholders’ equity		21,527		21,216		20,670		20,000		19,893
Less:	Average preferred stock	(1,770)		(2,112)		(2,116)		(2,116)		(2,116)
	Average goodwill	(4,947)		(4,937)		(4,918)		(4,918)		(4,918)
	Average intangible assets	(72)		(77)		(79)		(86)		(94)
Average tangible common equity, including AOCI (j)		14,738		14,090		13,557		12,880		12,765


			December 31,			September 30,			December 31,
(in millions, except share data)			2025			2025			2024

			(unaudited)			(unaudited)
ASSETS
Cash and due from banks	$	866		$	986		$	850
Interest-bearing deposits with banks			6,631			4,053			5,954
Other short-term investments			325			325			375
Investment securities available-for-sale			14,910			14,816			15,045
Commercial loans			26,848			26,755			26,492
Real estate construction loans			2,503			2,849			3,680
Commercial mortgage loans			15,244			15,190			14,493
Lease financing			755			782			722
International loans			1,153			1,116			952
Residential mortgage loans			1,950			1,938			1,929
Consumer loans			2,300			2,256			2,271
Total loans			50,753			50,886			50,539
Allowance for loan losses			(695)			(686)			(690)
Net loans			50,058			50,200			49,849
Premises and equipment			426			432			473
Accrued income and other assets			6,858			6,564			6,751
Total assets	$	80,074		$	77,376		$	79,297
LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest-bearing deposits	$	22,934		$	22,581		$	24,425
Money market and interest-bearing checking deposits			35,875			33,839			32,714
Savings deposits			1,974			2,014			2,138
Customer certificates of deposit			3,972			3,424			3,450
Other time deposits			—			707			1,052
Foreign office time deposits			117			31			32
Total interest-bearing deposits			41,938			40,015			39,386
Total deposits			64,872			62,596			63,811
Accrued expenses and other liabilities			2,071			1,929			2,270
Medium- and long-term debt			5,424			5,422			6,673
Total liabilities			72,367			69,947			72,754
Preferred stock - no par value:
Authorized - 10,000,000 shares
Issued and outstanding - 400,000 shares at 12/31/25 and 9/30/25, 4,000 shares at 12/31/24			392			392			394
Common stock - $5 par value:
Authorized - 325,000,000 shares


Fifth Third Bancorp and Subsidiaries
Consolidated Statements of Changes in Equity
$ in millions
(unaudited)
			For the Three Months Ended		Year to Date
			December	December	December	December
			2025	2024	2025	2024
Total Equity, Beginning			$21,107	$20,784	$19,645	$19,172
Net income			731	620	2,522	2,314
Other comprehensive income, net of tax:
Change in unrealized gains (losses):
		Available-for-sale debt securities	159	(747)	1,049	29
		Qualifying cash flow hedges	(18)	(468)	379	(282)
Amortization of unrealized losses on securities transferred to held-to-maturity			25	25	97	101
Change in accumulated other comprehensive income related to employee benefit plans			—	—	1	1
Other			—	—	—	2
Comprehensive income			897	(570)	4,048	2,165
Cash dividends declared:
	Common stock		(268)	(252)	(1,038)	(992)
	Preferred stock		(32)	(38)	(142)	(159)
Impact of stock transactions under stock compensation plans, net			20	24	90	99
Shares acquired for treasury			—	(303)	(529)	(630)
Redemption of preferred stock			—	—	(350)	—
Impact of cumulative effect of change in accounting principle			—	—	—	(10)
Total Equity, Ending			$21,724	$19,645	$21,724	$19,645


Fifth Third Bancorp and Subsidiaries
Regulatory Capital
$ in millions		As of
(unaudited)		December		September		June		March		December
		2025(a)		2025		2025		2025		2024
Regulatory Capital(b)
CET1 capital		$18,101		$17,645		$17,616		$17,239		$17,339
Additional tier 1 capital		1,770		1,770		2,116		2,116		2,116
Tier 1 capital		19,871		19,415		19,732		19,355		19,455
Tier 2 capital		3,204		3,204		3,197		3,175		3,291
Total regulatory capital		$23,075		$22,619		$22,929		$22,530		$22,746
Risk-weighted assets		$168,121		$166,999		$166,517		$165,326		$164,102

Ratios
Average total Bancorp shareholders' equity as a percent of average assets		10.11	%	10.02	%	9.82	%	9.50	%	9.40	%

Regulatory Capital Ratios(b)
Fifth Third Bancorp
	CET1 capital	10.77	%	10.57	%	10.58	%	10.43	%	10.57	%
	Tier 1 risk-based capital	11.82	%	11.63	%	11.85	%	11.71	%	11.86	%
	Total risk-based capital	13.73	%	13.54	%	13.77	%	13.63	%	13.86	%
	Leverage	9.42	%	9.24	%	9.42	%	9.23	%	9.22	%

Fifth Third Bank, National Association
	Tier 1 risk-based capital	13.04	%	12.95	%	12.87	%	12.78	%	12.86	%
	Total risk-based capital	14.28	%	14.19	%	14.12	%	14.02	%	14.19	%
	Leverage	10.41	%	10.31	%	10.25	%	10.10	%	10.02	%


	Three Months Ended				Years Ended
	December 31,				December 31,
(in millions, except per share data)	2025		2024		2025		2024
	(unaudited)		(unaudited)		(unaudited)
INTEREST INCOME
Interest and fees on loans	$	763	$	795	$	3,072	$	3,204
Interest on investment securities	105		100		426		402
Interest on short-term investments	64		72		235		333
Total interest income	932		967		3,733		3,939
INTEREST EXPENSE
Interest on deposits	279		286		1,067		1,238
Interest on short-term borrowings	—		1		28		48
Interest on medium- and long-term debt	76		105		337		463
Total interest expense	355		392		1,432		1,749
Net interest income	577		575		2,301		2,190
Provision for credit losses	14		21		100		49
Net interest income after provision for credit losses	563		554		2,201		2,141
NONINTEREST INCOME
Card fees	61		62		236		256
Fiduciary income	55		54		215		220
Service charges on deposit accounts	48		47		188		184
Capital markets income	36		36		146		142
Commercial lending fees	16		18		66		68
Brokerage fees	15		14		57		51
Letter of credit fees	12		10		43		40
Bank-owned life insurance	11		11		42		44
Risk management hedging income	1		9		17		8
Net losses on debt securities	—		(19)		—		(19)
Other noninterest income	18		8		55		60
Total noninterest income	273		250		1,065		1,054
NONINTEREST EXPENSES
Salaries and benefits expense	365		346		1,444		1,352
Outside processing fee expense	68		68		268		273
Software expense	51		46		197		181
Occupancy expense	49		47		189		181
Merger-related expense	32		—		32		—
Equipment expense	13		14		52		52
Advertising expense	12		11		41		41
FDIC insurance expense	1		10		36		76
Other noninterest expenses	26		45		92		151
Total noninterest expenses	617		587		2,351		2,307
Income before income taxes	219		217		915		888
Provision for income taxes	43		47		192		190
NET INCOME	176		170		723		698
Less:
Income allocated to participating securities	1		1		4		4
Preferred stock dividends and other	11		6		28		23
Net income attributable to common shares	$	164	$	163	$	691	$	671
Earnings per common share:
Basic	$	1.28	$	1.23	$	5.33	$	5.06
Diluted	1.27		1.22		5.28		5.02
Comprehensive income (loss)	358		(636)		1,805		585
Cash dividends declared on common stock	90		93		367		376
Cash dividends declared per common share	0.71		0.71		2.84		2.84


	Fourth		Third		Second		First		Fourth		Fourth Quarter 2025 Compared to:
	Quarter		Quarter		Quarter		Quarter		Quarter		Third Quarter 2025				Fourth Quarter 2024
(in millions, except per share data)	2025		2025		2025		2025		2024		Amount		Percent		Amount		Percent

INTEREST INCOME
Interest and fees on loans	$	763	$	779	$	771	$	759	$	795	$	(16)	(2)%		$	(32)	(4)	%
Interest on investment securities	105		105		107		109		100		—		—		5		5
Interest on short-term investments	64		62		53		56		72		2		2		(8)		(11)
Total interest income	932		946		931		924		967		(14)		(1)		(35)		(4)
INTEREST EXPENSE
Interest on deposits	279		280		256		252		286		(1)		—		(7)		(2)
Interest on short-term borrowings	—		11		15		2		1		(11)		(100)		(1)		(96)
Interest on medium- and long-term debt	76		81		85		95		105		(5)		(8)		(29)		(28)
Total interest expense	355		372		356		349		392		(17)		(5)		(37)		(9)
Net interest income	577		574		575		575		575		3		1		2		—
Provision for credit losses	14		22		44		20		21		(8)		(34)		(7)		(32)
Net interest income after provision	563		552		531		555		554		11		2		9		2
for credit losses
NONINTEREST INCOME
Card fees	61		57		59		59		62		4		7		(1)		(1)
Fiduciary income	55		51		57		52		54		4		6		1		2
Service charges on deposit accounts	48		47		47		46		47		1		—		1		1
Capital markets income	36		37		42		31		36		(1)		(2)		—		—
Commercial lending fees	16		17		17		16		18		(1)		(1)		(2)		(4)
Brokerage fees	15		14		14		14		14		1		5		1		7
Letter of credit fees	12		10		10		11		10		2		3		2		6
Bank-owned life insurance	11		13		9		9		11		(2)		(15)		—		—
Risk management hedging income	1		4		5		7		9		(3)		(47)		(8)		(79)
Net losses on debt securities	—		—		—		—		(19)		—		—		19		n/m
Other noninterest income	18		14		14		9		8		4		22		10		n/m
Total noninterest income	273		264		274		254		250		9		3		23		9
NONINTEREST EXPENSES
Salaries and benefits expense	365		353		358		368		346		12		3		19		5
Outside processing fee expense	68		69		67		64		68		(1)		(2)		—		—
Software expense	51		50		48		48		46		1		2		5		10
Occupancy expense	49		48		46		46		47		1		—		2		3
Merger-related expense	32		—		—		—		—		32		n/m		32		n/m
Equipment expense	13		13		13		13		14		—		—		(1)		(7)
Advertising expense	12		10		11		8		11		2		6		1		5
FDIC insurance expense	1		10		11		14		10		(9)		(91)		(9)		(92)
Other noninterest expenses	26		36		7		23		45		(10)		(27)		(19)		(41)
Total noninterest expenses	617		589		561		584		587		28		4		30		5
Income before income taxes	219		227		244		225		217		(8)		(4)		2		1
Provision for income taxes	43		51		45		53		47		(8)		(16)		(4)		(9)
NET INCOME	176		176		199		172		170		—		—		6		4
Less:
Income allocated to participating securities	1		1		1		1		1		—		—		—		—
Preferred stock dividends and other	11		—		11		6		6		11		n/m		5		90
Net income attributable to common shares	$	164	$	175	$	187	$	165	$	163	$	(11)	(6)	%	$	1	1	%
Earnings per common share:
Basic	$	1.28	$	1.36	$	1.43	$	1.26	$	1.23	$	(0.08)	(6)	%	$	0.05	4 %
Diluted	1.27		1.35		1.42		1.25		1.22		(0.08)		(6)		0.05		4
Comprehensive income (loss)	358		414		395		638		(636)		(56)		(13)		994		n/m
Cash dividends declared on common stock	90		91		93		93		93		(1)		—		(3)		(2)
Cash dividends declared per common share	0.71		0.71		0.71		0.71		0.71		—		—		—		—