EarningsQ2 2026 Earnings Report
DE:FFH Q2 2026 EPS Results
Actual EPS€0.74
Consensus EPS€0.75
Beat/MissMissed by -<€0.01
One Year Ago EPS€0.79
DE:FFH Q2 2026 Revenue Results
Actual Revenue€3.89B
Expected Revenue€2.90B
Beat/MissBeat by +€980.95M
YoY Revenue Growth+35.16%
Earnings Announcement Details
QuarterQ2 2026
Date07/17/2026
TimeBefore Open
Conference CallFriday, July 17, 2026
DE:FFH Upcoming Earnings
Fifth Third Bancorp's next earnings date is estimated for October 19, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:FFH Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong integration momentum, improved profitability metrics (ROTE, ROA, NIM expansion), meaningful deposit and fee growth across strategic channels (Newline, wealth, Direct Express), early realization of expense synergies with clear roadmap to unlock $850M+ run-rate savings, and conservative credit metrics—balanced against near-term merger charges, execution risk around the Labor Day systems conversion, elevated asset sensitivity post-transaction, and competitive deposit pricing. On balance, operational and financial progress, upgraded guidance, and visible revenue and expense synergy trajectories dominate the narrative.Company Guidance
Earnings Per Share and Adjusted Metrics
Reported EPS of $0.83 (or $1.02 excluding certain items). Adjusted return on tangible common equity improved to 19%, adjusted return on assets improved to 1.3%, and adjusted efficiency ratio improved to ~57% (57.1%).
Tangible Book Value Growth
Tangible book value per share increased 10% year-over-year, 1% sequentially, and 7% since announcement of the Comerica transaction.
Net Interest Income and Margin Expansion
Net interest income of $2.22 billion; net interest margin expanded 6 basis points sequentially to 3.36% (3 bps attributable to additional month of Comerica; remainder from fixed-rate asset repricing, loan growth and deposit performance). Full-year NII guidance raised to $8.74B–$8.80B.
Deposit Growth and Franchise Expansion
End-of-period consumer and small business deposits increased 4% sequentially; average core deposits $229B and period-end core deposits $231B. Southeast consumer checking households up 7% year-over-year (≈4x market growth). Comerica Southwest markets added $2.5B in deposits and grew checking households 4%.
Branch Network and De Novo Progress
Opened more than one branch per week during the quarter; on schedule to open 55 new branches in the Southeast this year and have secured 101 of the 150 targeted additional locations in Texas aimed to be built by end of 2029.
Loan Growth and Provide Platform Momentum
Period-end portfolio loans of $179B, up 1% sequentially. End-of-period C&I loans grew 2% sequentially. Provide fintech platform loans grew ~4% sequentially and SBA ranking improved from #31 to #15 nationally over the past year.
Fee Income Acceleration Across Key Businesses
Adjusted non-interest income (ex security gains/other) $1.04B. Commercial payments and wealth & asset management each achieved $1B+ annualized fee run rates; capital markets fees at ~$600M annualized pace. Newline fee revenue increased 35% year-over-year and Newline-related deposits reached $5.3B (+$2.1B YoY).
Technology, Integration and Innovation Milestones
Executed second mock systems conversion with good outcomes; on track for Labor Day systems conversion to unlock $850M annualized run-rate synergies. Newline extended AI model capabilities; shipped first Direct Express cards on new platform (66,000 new beneficiaries); internal AI usage exceeded 1M prompts in June; 45% prompt-accepted rate for new code and 87%+ unit test automation by AI.
Expense Synergies and Efficiency Progress
Adjusted non-interest expense of $1.86B (better than expectations) with early realization of merger synergy benefits. Full $850M of annualized expense synergies on track for Q4; company confident in achieving a run-rate efficiency target of ~53%.
Credit Trends and Reserves
Credit metrics improved: net charge-off ratio improved 7 bps sequentially to 30 bps (commercial NCOs 21 bps, down 5 bps; consumer NCOs 53 bps, down 5 bps). Allowance for credit losses (ACL) at 1.76% of portfolio loans (down 3 bps sequentially). Provision was $129M (down $98M from prior quarter).
Capital Position and Return of Capital Plans
CET1 ratio ended at 9.93% (up 4 bps sequentially). Tangible common equity (including AOCI) improved to 7.3%. Company expects to resume regular quarterly share repurchases in H2 with fourth quarter pacing referenced at $200M–$300M per quarter.
DE:FFH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed