earnings
confidence high
sentiment negative
materiality 0.80
Fifth Third Q1 EPS $0.15 includes $0.68 in merger charges; Comerica deal closed Feb 1
FIFTH THIRD BANCORP
2026-Q1 EPS reported
$0.15
- Net income available to common shareholders $128M ($0.15 diluted EPS), down from $699M ($1.04) in Q4 2025
- Comerica all-stock acquisition (value ~$12.7B) closed Feb 1, 2026; two months of results included in Q1
- Net interest margin expanded 17 bps to 3.30%; tangible book value per share $22.88, up 15% YoY
- Noninterest expense $2.395B includes $635M merger-related charges; ex-items expense $1.760B (+39% seq)
- CET1 capital ratio 9.96% (down 85 bps seq) due to Comerica; net charge-offs 0.37%, lowest since Q4 2023
item 2.02item 7.01item 9.01