Fifth Third Bancorp

Company facts

Industry

State Commercial Banks

Headquarters

Cincinnati, Ohio

Most recent report

8-K, filed Aug 21, 2026

Incorporated

Ohio

Filings on record

1,000+ filings

On EDGAR

CIK 35527

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 4 of 5 sections worth reading, with 5 positive, 9 notable, and 1 negative flags.

• Part I

  Comerica acquisition, capital decline, and new regulatory status need attention.
  Positive

  • Net interest income (FTE) rose 48% to $2,220M in Q2 2026, driven by the Comerica acquisition.
  Notable

  • Issued $2.0B in senior notes in Jan 2026 and exchanged ~$1.3B of Comerica notes in June 2026.
  • Category III transition begins Q3 2026, adding liquidity coverage ratio and annual stress tests.
  • Purchase accounting amortization from Comerica was $64M in Q2, $102M year-to-date.
  • Provision in H1 2026 included a qualitative adjustment for economic uncertainty from U.S.-Iran conflict.

• STATEMENTS OF INCOME ANALYSIS

  Key income driver Comerica acquisition; NII up $720M, NIM up 24 bps in Q2.
  Positive

  • Net interest income rose $720M to $2.2B in Q2 2026 from the prior-year quarter.
  • Net interest margin improved to 3.36% in Q2 2026 from 3.12% a year earlier.
  Notable

  • Comerica acquisition added $73.0B in interest-earning assets as of February 1, 2026.
  • Wholesale funding dropped to 14% of interest-bearing liabilities in Q2 from 16% a year ago.

• Average Balance Sheet

  Core MD&A with Comerica acquisition detail; every subsection has company-specific numbers.
  Positive

  • Provision for credit losses fell to $129M Q2 2026 from $173M Q2 2025, aided by improved economic forecast.
  Notable

  • ALLL as % of portfolio loans decreased to 1.63% at June 30, 2026 from 1.84% at Dec 31, 2025, partly due to acquisition accounting.

• BALANCE SHEET ANALYSIS

  Comerica acquisition dominates; credit quality, rate sensitivity, capital shifts all material.
  Positive

  • Commercial Banking pre-tax income doubled to $840M in Q2 2026 from $384M a year ago, driven by NII and fee growth.
  Notable

  • Bancorp paused new solar energy installation loan originations in July 2026 after consumer clean energy tax incentives expired.
  • ACL includes a qualitative overlay for U.S.-Iran conflict; switching to the Downside scenario would add $1.9B to the ACL.
  Negative

  • Uninsured domestic deposits were $94.1B (40% of total) at June 30, 2026, up from $69.8B at Dec 31, 2025.

What changed: Jun 2026 vs. Mar 2026

About 10% of FITB's Jun 2026 10-Q is new information. 87 paragraphs were added, 378 changed, and 68 removed. Below are the most important lines SECSift identified.

• BALANCE SHEET ANALYSIS 267
• Part I 38
• Average Balance Sheet 31
• Part II 13
• STATEMENTS OF INCOME ANALYSIS 6