---
schema_version: "secwatch.filing_event.v1"
accession: "0000035527-23-000244"
form_type: "8-K"
ticker: "FITB"
cik: "0000035527"
company_name: "FIFTH THIRD BANCORP"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:15:01.735440+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fifth Third Q3 EPS $0.91; raises dividend 6% to $0.35; deposits grow 3% seq

## Summary
- Diluted EPS $0.91 ($0.90 ex-Visa swap item); net income $660M, up 10% sequential.
- Quarterly dividend raised 6% to $0.35 per share; record and payable dates not disclosed.
- Average deposits +3% seq, +4% YoY; CET1 ratio improved 31bps to 9.80%.
- Net interest margin 2.98% (down 12bps seq); efficiency ratio 55.0% improved 120bps.
- Net charge-off ratio 0.41% (up from 0.29% prior); NPA ratio improved to 0.51%.

## SEC filing metadata
- accession: 0000035527-23-000244
- form_type: 8-K
- ticker: FITB
- cik: 0000035527
- company_name: FIFTH THIRD BANCORP
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/35527/000003552723000244/0000035527-23-000244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/35527/000003552723000244/fitb-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000035527-23-000244
- JSON: https://secwatch.observer/filing/0000035527-23-000244.json
- Plain text: https://secwatch.observer/filing/0000035527-23-000244.txt

## Key facts
- Earnings Releases
  FIFTH THIRD BANCORP reported Third Quarter 2023 results: net income $623 million, or $0.91 per diluted share, EPS $0.91 per diluted share.
  - Period: Third Quarter 2023
  - Net income: $623 million, or $0.91 per diluted share
  - EPS: $0.91 per diluted share
  - Result: reported results
  source text: Net income available to common shareholders in the current quarter was $623 million, or $0.91 per diluted share, compared to $562 million, or $0.82 per diluted share, in the prior quarter and $631 million, or $0.91 per diluted share, in the year-ago quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/35527/000003552723000244/0000035527-23-000244-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.