Comerica deal reshapes Fifth Third (NASDAQ: FITB) Q1 2026 growth

Q: How did Fifth Third Bancorp (FITB) perform in Q1 2026?

Fifth Third Bancorp reported Q1 2026 net income available to common shareholders of $128 million , or $0.15 per diluted share. Results included a $0.68 per-share net negative impact from merger-related and other items totaling $567 million after tax.

Q: What was the impact of the Comerica acquisition on Fifth Third’s Q1 2026 results?

Fifth Third completed its all-stock acquisition of Comerica Incorporated , valued at about $12.7 billion , on February 1, 2026. The quarter includes two months of Comerica activity, driving large increases in loans, deposits, net interest income and expenses, as well as a sizable Day 1 credit allowance build.

Q: How did Fifth Third’s loans and deposits change in Q1 2026?

Average portfolio loans and leases rose to $158.3 billion , up about 30% year-over-year, while average deposits increased to $209.4 billion , up 28% . These gains were primarily driven by the Comerica acquisition and additional loan and deposit growth across commercial and consumer portfolios.

Q: What were Fifth Third Bancorp’s key profitability metrics in Q1 2026?

Fully taxable-equivalent net interest income reached $1.939 billion , up 26% sequentially. Net interest margin improved to 3.30% , from 3.13% in Q4 2025 and 3.03% a year earlier. However, heavy merger-related expenses lifted the efficiency ratio to 84.5% on a fully taxable-equivalent basis.

Q: How strong was Fifth Third’s credit quality in the first quarter of 2026?

Credit metrics remained solid. Net charge-offs totaled $144 million with a net charge-off ratio of 0.37% , down from 0.46% a year earlier. Nonperforming portfolio assets were $999 million , yielding a nonperforming asset ratio of 0.57% , improved from 0.81% in Q1 2025.

Q: What capital ratios did Fifth Third Bancorp report for Q1 2026?

Fifth Third reported an estimated CET1 capital ratio of 9.96% , down from 10.81% in the prior quarter. Tier 1 risk-based capital was 10.86% and total risk-based capital 12.56% . The leverage ratio stood at 10.20% , reflecting post-merger balance sheet expansion.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Fifth Third Bancorp reported first quarter 2026 results and completed its all‑stock acquisition of Comerica Incorporated valued at approximately $12.7 billion. Net income available to common shareholders was $128 million, or $0.15 per diluted share, including a net negative $0.68 per‑share impact from merger‑related and other items totaling $567 million after tax.

Fully taxable‑equivalent net interest income reached $1.939 billion, up 26% sequentially and 34% year‑over‑year, while net interest margin expanded to 3.30%. Average loans and leases were $158.3 billion and average deposits $209.4 billion, each up around 30% year‑over‑year, largely reflecting Comerica. Credit quality remained solid with a net charge‑off ratio of 0.37% and a nonperforming asset ratio of 0.57%.

Positive

Comerica acquisition materially expands scale: all-stock deal valued around $12.7 billion added roughly $46.5 billion of commercial loans, $4.1 billion of consumer loans and $65.2 billion of deposits, significantly growing Fifth Third’s franchise.
Strong core revenue growth and margin expansion: fully taxable-equivalent net interest income rose 26% sequentially and 34% year-over-year to $1.939 billion, with net interest margin improving to 3.30% from 3.03% a year earlier.
Healthy credit performance despite rapid growth: net charge-offs were $144 million with a 0.37% net charge-off ratio, while the nonperforming asset ratio improved to 0.57% from 0.81% a year ago.
Tangible book value per share growth: tangible book value per share increased to $22.88 from $19.92 a year earlier, reflecting capital generation and the impact of the Comerica combination.

Negative

GAAP earnings heavily impacted by merger costs: net income available to common shareholders fell to $128 million, with diluted EPS down to $0.15 as certain items reduced earnings by $567 million after tax, or $0.68 per share.
Sharp jump in operating expenses: noninterest expense rose 83% year-over-year to $2.395 billion, including $635 million of merger-related charges, significantly pressuring the efficiency ratio to 84.5% on a fully taxable-equivalent basis.
Capital ratios declined post-merger: the CET1 capital ratio slipped to 9.96% from 10.81% in the prior quarter, reflecting added risk-weighted assets, goodwill and merger impacts, reducing but not eliminating capital headroom.

Insights

Transformative Comerica deal drives strong growth but heavily distorts Q1 earnings.

Fifth Third closed the all‑stock acquisition of Comerica for about $12.7 billion, adding sizeable loans, deposits and securities. Average loans rose to $158.3B and deposits to $209.4B, both roughly 30% higher year‑over‑year.

Core banking performance improved: fully taxable‑equivalent net interest income grew 26% sequentially to $1.939B, and net interest margin widened to 3.30%, helped by Comerica assets and lower funding costs. Credit remained sound, with a net charge‑off ratio of 0.37% and nonperforming asset ratio of 0.57%.

Headline profitability weakened sharply as Q1 included $635M of merger‑related expenses, a $63M Day 1 allowance build and other items, cutting diluted EPS to $0.15. CET1 capital fell to 9.96% from 10.81% on added risk‑weighted assets and goodwill, but stayed comfortably above regulatory minimums.

8-K Event Classification

3 items: 2.02, 7.01, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Net income to common: $128 million Diluted EPS: $0.15 Comerica acquisition value: $12.7 billion +5 more

8 metrics

Net income to common $128 million Q1 2026 net income available to common shareholders

Diluted EPS $0.15 Q1 2026 diluted earnings per share

Comerica acquisition value $12.7 billion All-stock transaction completed February 1, 2026

Net interest income (FTE) $1.939 billion Q1 2026, up 26% sequentially and 34% year-over-year

Average loans and leases $158.3 billion Q1 2026 average, 30% higher year-over-year

Average deposits $209.4 billion Q1 2026 average deposits, up 28% year-over-year

Net interest margin 3.30% Q1 2026 NIM on a fully taxable-equivalent basis

CET1 capital ratio 9.96% Regulatory capital ratio as of March 31, 2026

Key Terms

net interest margin, tangible book value per share, CET1 capital, allowance for credit losses, +2 more

6 terms

net interest margin financial

"Net interest margin (NIM) | 3.30 | % | | | 3.13 | %"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

CET1 capital financial

"CET1 capital (d) | 9.96 | | 10.81 | | 10.43"

Common Equity Tier 1 (CET1) capital is a bank’s core financial cushion made up mainly of common shares and retained profits, minus items like goodwill, that regulators count first when judging a bank’s strength. It matters to investors because a higher CET1 ratio signals a bigger buffer to absorb losses, supports dividend payments and growth, and reduces the risk of regulatory restrictions—think of it as a household emergency fund that keeps the bank solvent under stress.

allowance for credit losses financial

"Total allowance for credit losses (ACL) | $3,154 | | | $2,410"

Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.

noninterest income financial

"Noninterest income | 895 | | 811 | | 694 | | 10% | | 29%"

Noninterest income is the money a bank or financial firm earns from activities other than charging interest on loans, such as account fees, transaction charges, advisory and underwriting fees, trading gains, and service income — like a store making extra money from repairs, warranties or delivery charges rather than product sales. It matters to investors because it shows how diversified a company’s revenue is and whether it can withstand changes in interest rates; a strong noninterest income stream can stabilize profits but may also be more variable than steady loan interest.

Day 1 allowance for credit losses financial

"The total Day 1 allowance for credit losses established due to the Comerica acquisition was $744 million"

Earnings Snapshot

Total revenue (FTE): $2.834 billion

Q1 2026

Total revenue (FTE) $2.834 billion +33% YoY

Net income available to common $128 million -73% YoY

Diluted EPS $0.15 -79% YoY

Net interest income (FTE) $1.939 billion +34% YoY

Net interest margin (FTE) 3.30% +27 bps YoY

Understanding 8-K Material Events →

04/17/2026 - 06:30 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): April 17, 2026

Fifth Third Bancorp

(Exact name of registrant as specified in its charter)

Ohio

001-33653

31-0854434

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

Fifth Third Center

38 Fountain Square Plaza

Cincinnati

Ohio

45263

(Address of Principal Executive Offices)

(Zip Code)

(800) 972-3030

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below)

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading
Symbol(s)

Name of each exchange
on which registered

Common Stock, Without Par Value

FITB

The

NASDAQ

Stock Market LLC

Depositary Shares Representing a 1/1000th Ownership Interest in a Share of

6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I

FITBI

The

NASDAQ

Stock Market LLC

Depositary Shares Representing a 1/40th Ownership Interest in a Share of

6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A

FITBP

The

NASDAQ

Stock Market LLC

Depositary Shares Representing a 1/1000th Ownership Interest in a Share of

4.95% Non-Cumulative Perpetual Preferred Stock, Series K

FITBO

The

NASDAQ

Stock Market LLC

Depositary Shares Representing a 1/40th Ownership Interest in a Share of

6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M

FITBM

The

NASDAQ

Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On April 17, 2026, Fifth Third Bancorp issued a press release announcing its earnings release for the first quarter of 2026. A copy of this press release is attached as Exhibit 99.1. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure.

The information in this Item 2.02 of Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities Exchange Act of 1934 or the Securities Act of 1933, except as shall be expressly set forth by specific reference.

Item 7.01 Regulation FD Disclosure.

For the benefit of its investors, Fifth Third Bancorp is also furnishing a presentation regarding its earnings conference call. A copy of this item is attached as Exhibit 99.2.

The information in this Item 7.01 of Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities Exchange Act of 1934 or the Securities Act of 1933, except as shall be expressly set forth by specific reference.

Item 9.01 Financial Statements and Exhibits

Exhibit 99.1 – Press release dated April 17, 2026

Exhibit 99.2 – First Quarter 2026 Earnings Presentation

Exhibit 104 – Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


						FIFTH THIRD BANCORP
						(Registrant)

Date: April 17, 2026						/s/ Bryan D. Preston

						Bryan D. Preston
						Executive Vice President and Chief Financial Officer

Fifth Third Bancorp Reports First Quarter 2026 Earnings

Core business momentum remains strong and Comerica acquisition meaningfully propels growth trajectory

Reported results included a net negative $0.68 impact from certain items on page 2



Key Financial Data							Key Highlights

$ in millions for all balance sheet and income statement items
	1Q26		4Q25		1Q25		Successfully closed Comerica acquisition Opening Balances as of February 1st: •Total assets, including goodwill, of $86 billion •Total loans of $51 billion •Total deposits of $65 billion Stability: •Solid credit performance. Net charge-offs(b) of 37 bps in 1Q26; lowest since 4Q23 •Funding mix strengthened; demand deposits increased from 25% of total deposits to 28% •Tangible Common Equity(a) increased 11 bps to 7.3% Profitability: •Net interest margin(a) expanded 17 bps sequentially •Adjusted ROTCE ex. AOCI(a) improved 190 bps and adjusted ROA(a) improved 9 bps year-over-year •Tangible book value per share(a) grew 15% year-over-year Growth: •Newline deposits up $2.7B and fee revenues up 30% year-over-year •Legacy Fifth Third consumer household growth of 3%, including 8% in the Southeast •LOIs for 81 Texas branch locations executed or in process

Income Statement Data
Net income available to common shareholders	$128		$699		$478
Net interest income (U.S. GAAP)	1,934		1,529		1,437
Net interest income (FTE)(a)	1,939		1,533		1,442
Noninterest income	895		811		694
Noninterest expense	2,395		1,309		1,304

Per Share Data
Earnings per share, basic	$0.16		$1.05		$0.71
Earnings per share, diluted	0.15		1.04		0.71
Book value per share	35.24		30.18		27.41
Tangible book value per share(a)	22.88		22.60		19.92

Balance Sheet & Credit Quality
Average portfolio loans and leases	$157,632		$123,430		$121,272
Average deposits	209,352		168,384		164,157
Accumulated other comprehensive loss	(3,234)		(3,110)		(3,895)
Net charge-off ratio(b)	0.37	%	0.40	%	0.46	%
Nonperforming asset ratio(c)	0.57		0.65		0.81

Financial Ratios
Return on average assets	0.25	%	1.36	%	0.99	%
Return on average common equity	1.8		14.0		10.8
Return on average tangible common equity(a)	3.5		19.0		15.2
CET1 capital(d)	9.96		10.81		10.43
Net interest margin(a)	3.30		3.13		3.03
Efficiency(a)	84.5		55.8		61.0
Other than the Quarterly Financial Review tables beginning on page 14, 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.

From Tim Spence, Fifth Third Chairman, CEO and President:

The first quarter reflected continued momentum across Fifth Third. We delivered strong loan and deposit growth, driven by new commercial relationships and continued household expansion. We closed the acquisition of Comerica on February 1st, and early financial benefits are already showing up, including strong net interest margin expansion and tangible book value per share growth.

Integration is progressing as we expected. We have integrated the combined management teams and are retaining key customer‑facing colleagues, supporting continuity for clients as we move forward as one organization. We are also seeing early revenue synergies across both commercial and consumer businesses.

Our focus is unchanged: stability, profitability, and growth, in that order. Disciplined execution will drive growth and deepen client relationships as we expand in our attractive footprint markets, while maintaining strong credit performance and delivering the expected financial synergies from Comerica. We are building a better and more resilient institution and remain committed to delivering consistent, long-term value for shareholders.

Investor contact: Matt Curoe (513) 534-2345 | Media contact: Jennifer Hendricks Sullivan (614) 744-7693 April 17, 2026


Income Statement Highlights
($ in millions, except per share data)	For the Three Months Ended			% Change
	March	December	March
	2026	2025	2025	Seq	Yr/Yr
Condensed Statements of Income
Net interest income (NII)(a)	$1,939	$1,533	$1,442	26%	34%
Provision for credit losses	227	119	174	91%	30%
Noninterest income	895	811	694	10%	29%
Noninterest expense	2,395	1,309	1,304	83%	84%
Income before income taxes(a)	$212	$916	$658	(77)%	(68)%

Taxable equivalent adjustment	$5	$4	$5	25%	—
Applicable income tax expense	42	181	138	(77)%	(70)%
Net income	$165	$731	$515	(77)%	(68)%
Dividends on preferred stock	37	32	37	16%	—
Net income available to common shareholders	$128	$699	$478	(82)%	(73)%
Earnings per share, diluted	$0.15	$1.04	$0.71	(86)%	(79)%

Fifth Third Bancorp (NASDAQ®: FITB) today reported first quarter 2026 net income available to common shareholders of $128 million, or $0.15 per diluted share, compared to $699 million, or $1.04 per diluted share, in the prior quarter and $478 million, or $0.71 per diluted share, in the year-ago quarter.

On February 1, 2026, Fifth Third completed the acquisition of Comerica Incorporated in an all-stock transaction valued at approximately $12.7 billion. First quarter results include two months of activity for Comerica.

Diluted earnings per share impact of certain item(s) - 1Q26

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

Merger-related charges(e)1,2

$(510)

Merger-related Day 1 ACL build(e)

(63)

Interchange litigation matters(e)

After-tax impact of certain item(s)

$(567)

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

$(0.68)

Totals may not foot due to rounding; 1A portion of the adjustments related to merger-related expenses are not tax-deductible; 2Pre-tax merger-related charges increased noninterest expense by $635 million and decreased noninterest income by $22 million; 3Diluted earnings per share impact reflects 830.274 million average diluted shares outstanding


Net Interest Income
(FTE; $ in millions)(a)	For the Three Months Ended						% Change
	March		December		March
	2026		2025		2025		Seq	Yr/Yr
Interest Income
Interest income	$2,977		$2,472		$2,437		20%	22%
Interest expense	1,038		939		995		11%	4%
Net interest income (NII)	$1,939		$1,533		$1,442		26%	34%


Average Yield/Rate Analysis							bps Change
Yield on interest-earning assets	5.07	%	5.05	%	5.13	%	2	(6)
Rate paid on interest-bearing liabilities	2.44	%	2.60	%	2.80	%	(16)	(36)

Ratios
Net interest rate spread	2.63	%	2.45	%	2.33	%	18	30
Net interest margin (NIM)	3.30	%	3.13	%	3.03	%	17	27

Fully taxable-equivalent (FTE) NII of $1.939 billion increased $406 million, or 26%, compared to the prior quarter. This improvement primarily reflects contributions from the Comerica acquisition, lower funding costs and disciplined balance sheet management. These benefits were partially offset by the impact of market rates on floating rate loans and lower day count. These same factors contributed to the 17 bps increase in NIM compared to the prior quarter. Purchase accounting accretion contributed approximately $38 million to net interest income in the quarter.

Compared to the year-ago quarter, NII increased $497 million, or 34%, and NIM increased 27 bps. This improvement was driven by the addition of Comerica earning assets and lower funding costs, partially offset by lower market rates impacting earning asset yields.


Noninterest Income
($ in millions)	For the Three Months Ended			% Change
	March	December	March
	2026	2025	2025	Seq	Yr/Yr
Noninterest Income
Wealth and asset management revenue	$233	$185	$172	26%	35%
Commercial payments revenue	218	167	153	31%	42%
Consumer banking revenue	146	143	137	2%	7%
Capital markets fees	134	121	90	11%	49%
Commercial banking revenue	105	102	80	3%	31%
Mortgage banking net revenue	44	56	57	(21)%	(23)%
Other noninterest income	27	42	14	(36)%	93%
Securities losses, net	(12)	(5)	(9)	140%	33%


Total noninterest income	$895	$811	$694	10%	29%

Noninterest income of $895 million increased $84 million, or 10%, from the prior quarter and increased $201 million, or 29%, from the year-ago quarter. Both comparisons reflect two months of results from Comerica in the quarter. The reported results reflect the impact of certain items in the table below, including securities gains/losses which incorporate mark-to-market impacts from securities associated with non-qualified deferred compensation plans that are offset in noninterest expense.


Noninterest Income excluding certain items
($ in millions)	For the Three Months Ended			% Change
	March	December	March
	2026	2025	2025	Seq	Yr/Yr
Noninterest Income excluding certain items
Noninterest income (U.S. GAAP)	$895	$811	$694
Merger-related charges	22	—	—
Interchange litigation matters	(8)	8	18
Litigation settlements	—	(12)	—
Securities losses, net	12	5	9
Noninterest income excluding certain items(a)	$921	$812	$721	13%	28%

Noninterest income excluding certain items of $921 million increased $109 million, or 13%, compared to the prior quarter and increased $200 million, or 28%, from the year-ago quarter.

Comparisons to the prior and year-ago quarters were primarily driven by merger‑related impacts with additional incremental contributions from positive business momentum. Wealth and asset management revenue totaled $233 million, supported by seasonal tax‑related revenue and higher personal asset management revenue. Commercial payments revenue was $218 million, reflecting continued strength in core treasury services. Capital markets fees of $134 million were driven by client financial risk management revenue. Commercial banking revenue totaled $105 million, reflecting higher commercial lending‑related fees. Mortgage banking net revenue was $44 million, reflecting lower MSR net valuation adjustments.


Noninterest Expense
($ in millions)	For the Three Months Ended			% Change
	March	December	March
	2026	2025	2025	Seq	Yr/Yr
Noninterest Expense
Compensation and benefits	$1,410	$683	$750	106%	88%
Technology and communications	204	138	123	48%	66%
Net occupancy expense	140	89	87	57%	61%
Card and processing expense	79	27	21	193%	276%
Equipment expense	55	43	42	28%	31%
Loan and lease expense	42	41	30	2%	40%
Marketing expense	50	37	28	35%	79%
Other noninterest expense	415	251	223	65%	86%
Total noninterest expense	$2,395	$1,309	$1,304	83%	84%

Noninterest expense of $2.395 billion increased 83% from the prior quarter and increased 84% from the year-ago quarter. Both comparisons include two months of Comerica results in the quarter and the reported results reflect the impact of certain items in the table below.


Noninterest Expense excluding certain item(s)
($ in millions)	For the Three Months Ended			% Change
	March	December	March
	2026	2025	2025	Seq	Yr/Yr
Noninterest Expense excluding certain item(s)
Noninterest expense (U.S. GAAP)	$2,395	$1,309	$1,304
Merger-related charges	(635)	(13)	—
Fifth Third Foundation contribution	—	(50)	—

FDIC special assessment	—	25	—
Interchange litigation matters	—	(3)	—

Noninterest expense excluding certain item(s)(a)	$1,760	$1,268	$1,304	39%	35%
Non-qualified deferred compensation benefit	9	5	4
Noninterest expense excluding certain item(s) and non-qualified deferred compensation(a)	$1,769	$1,273	$1,308	39%	35%

Noninterest expense excluding certain items and non-qualified deferred compensation of $1.769 billion increased 39% compared to the prior quarter and increased 35% from the year-ago quarter. Expenses in the quarter were impacted by ongoing costs associated with the merger and seasonal-related increases in compensation and benefits. Merger-related expenses of $635 million noted above represent approximately half of the expected full-year charges.


Average Interest-Earning Assets
($ in millions)	For the Three Months Ended			% Change
	March	December	March
	2026	2025	2025	Seq	Yr/Yr
Average Portfolio Loans and Leases
Commercial loans and leases:
Commercial and industrial loans	$73,264	$53,947	$53,401	36%	37%
Commercial mortgage loans	21,969	12,079	12,368	82%	78%
Commercial construction loans	7,278	5,399	5,797	35%	26%
Commercial leases	3,347	3,172	3,110	6%	8%
Total commercial loans and leases	$105,858	$74,597	$74,676	42%	42%
Consumer loans:
Residential mortgage loans	$18,848	$17,660	$17,552	7%	7%
Home equity	6,064	4,769	4,222	27%	44%
Indirect secured consumer loans	18,105	17,879	16,476	1%	10%
Credit card	1,659	1,694	1,627	(2)%	2%
Solar energy installation loans	4,516	4,486	4,221	1%	7%
Other consumer loans	2,582	2,345	2,498	10%	3%
Total consumer loans	$51,774	$48,833	$46,596	6%	11%
Total average portfolio loans and leases	$157,632	$123,430	$121,272	28%	30%

Average Loans and Leases Held for Sale
Commercial loans and leases held for sale	$85	$19	$64	347%	33%
Consumer loans held for sale	566	698	428	(19)%	32%
Total average loans and leases held for sale	$651	$717	$492	(9)%	32%

Total average loans and leases	$158,283	$124,147	$121,764	27%	30%

Securities (taxable and tax-exempt)	$59,950	$52,512	$56,598	14%	6%
Other short-term investments	19,728	17,485	14,446	13%	37%
Total average interest-earning assets	$237,961	$194,144	$192,808	23%	23%

Compared to the prior quarter, total average portfolio loans and leases of $158 billion increased 28% and average commercial portfolio loans and leases of $106 billion increased 42%. Compared to the year-ago quarter, total average portfolio loans and leases increased 30% and average commercial portfolio loans and leases increased 42%. In each comparison the growth was primarily driven by commercial loans and leases acquired from Comerica.

Compared to the prior quarter, average consumer portfolio loans of $52 billion increased 6%. On a year-over-year basis, average consumer portfolio loans increased 11%. Growth in both periods primarily reflected consumer loans acquired from Comerica, with additional growth due to strong production in indirect secured consumer loans.

Average securities (taxable and tax-exempt; amortized cost) of $60 billion in the current quarter increased 14% compared to the prior quarter and 6% compared to the year-ago quarter. Growth in both periods primarily reflected securities acquired from Comerica. Average other short-term investments (including interest-bearing cash) of $20 billion in the current quarter increased 13% compared to the prior quarter and increased 37% compared to the year-ago quarter.


End of Period Interest-Earning Assets
($ in millions)	As of			% Change
	March	December	March
	2026	2025	2025	Seq	Yr/Yr
End of Period Portfolio Loans and Leases
Total commercial loans and leases	$122,859	$73,562	$75,137	67%	64%
Total consumer loans	53,391	49,089	47,054	9%	13%
Total portfolio loans and leases	$176,250	$122,651	$122,191	44%	44%

End of Period Loans and Leases Held for Sale


Total loans and leases held for sale	$1,365	$733	$473	86%	189%

Total loans and leases	$177,615	$123,384	$122,664	44%	45%

Securities (taxable and tax-exempt)	$67,823	$51,961	$56,323	31%	20%
Other short-term investments	17,456	18,876	14,965	(8)%	17%
Total interest-earning assets	$262,894	$194,221	$193,952	35%	36%

Period-end commercial portfolio loans and leases of $123 billion increased 67% and 64% compared to the prior and year-ago quarters, respectively. Growth in both comparisons primarily reflecting $46.5 billion of commercial loans and leases acquired from Comerica. Strong loan production and a rebound in line utilization also contributed to quarterly growth.

Period-end consumer portfolio loans of $53 billion increased 9% compared to the prior quarter and 13% compared to the year-ago quarter, both primarily driven by $4.1 billion of consumer loans acquired from Comerica.

Total period-end securities (taxable and tax-exempt; amortized cost) of $68 billion in the current quarter increased 31% compared to the prior quarter and increased 20% compared to the year-ago quarter. Securities growth in the quarter included $11.2 billion acquired from Comerica. Period-end other short-term investments of approximately $17 billion decreased 8% compared to the prior quarter and increased 17% compared to the year-ago quarter.


Average Deposits
	($ in millions)	For the Three Months Ended			% Change
		March	December	March
		2026	2025	2025	Seq	Yr/Yr
	Average Deposits
	Demand	$55,770	$41,771	$39,788	34%	40%
	Interest checking	67,369	58,612	57,964	15%	16%
	Savings	17,546	16,103	17,226	9%	2%
	Money market	54,219	39,409	36,453	38%	49%
	Total transaction deposits	$194,904	$155,895	$151,431	25%	29%
	CDs $250,000 or less	11,641	10,541	10,380	10%	12%
	Total core deposits	$206,545	$166,436	$161,811	24%	28%
	CDs over $250,0001	2,807	1,948	2,346	44%	20%

	Total average deposits	$209,352	$168,384	$164,157	24%	28%
	1CDs over $250,000 includes $0.4BN, $0.8BN, and $1.3BN of retail brokered certificates of deposit which are fully covered by FDIC insurance for the three months ended 3/31/26, 12/31/25, and 3/31/25, respectively.

Total average deposits of $209 billion increased 24% compared to the prior quarter and period-end total deposits of $234 billion increased 36%. Compared to the year-ago quarter, total average deposits increased 28% and period-end total deposits increased 41%. In both comparisons the increase reflects $65.2 billion of deposits acquired from Comerica. Growth in high quality, low-cost deposits remains a key strategic priority to further enhance the deposit base.

The period-end portfolio loan-to-core deposit ratio was 76% in the current quarter, compared to 72% in the prior quarter and 75% in the year-ago quarter.


Average Wholesale Funding
	($ in millions)	For the Three Months Ended			% Change
		March	December	March
		2026	2025	2025	Seq	Yr/Yr
	Average Wholesale Funding
	CDs over $250,0001	$2,807	$1,948	$2,346	44%	20%

	Federal funds purchased	178	204	194	(13)%	(8)%
	Securities sold under repurchase agreements	322	365	286	(12)%	13%
	FHLB advances	99	2,552	4,767	(96)%	(98)%
	Derivative collateral and other secured borrowings	83	84	84	(1)%	(1)%
	Long-term debt	18,062	13,700	14,585	32%	24%
	Total average wholesale funding	$21,551	$18,853	$22,262	14%	(3)%
	1CDs over $250,000 includes $0.4BN, $0.8BN, and $1.3BN of retail brokered certificates of deposit which are fully covered by FDIC insurance for the three months ended 3/31/26, 12/31/25, and 3/31/25, respectively.

Average wholesale funding of $22 billion increased 14% compared to the prior quarter, driven by an increase in long-term debt reflecting the $5.5 billion acquired from Comerica and the $2 billion issuance in January 2026, partially offset by a decrease in FHLB advances. The 3% decrease in average wholesale funding compared to the year-ago quarter was primarily attributable to a decrease in FHLB advances, partially offset by an increase in long-term debt.


Credit Quality Summary
($ in millions)	As of and For the Three Months Ended
	March		December		September		June		March
	2026		2025		2025		2025		2025

Total nonaccrual portfolio loans and leases (NPLs)	$960		$767		$768		$853		$966
Repossessed property	11		11		12		8		9
OREO	28		19		21		25		21
Total nonperforming portfolio loans and leases and OREO (NPAs)	$999		$797		$801		$886		$996

NPL ratio(f)	0.54	%	0.62	%	0.62	%	0.70	%	0.79	%
NPA ratio(c)	0.57	%	0.65	%	0.65	%	0.72	%	0.81	%

Portfolio loans and leases 30-89 days past due (accrual)	$683		$360		$348		$277		$385
Portfolio loans and leases 90 days past due (accrual)	49		30		29		34		33

30-89 days past due as a % of portfolio loans and leases	0.39	%	0.29	%	0.28	%	0.23	%	0.31	%
90 days past due as a % of portfolio loans and leases	0.03	%	0.02	%	0.02	%	0.03	%	0.03	%

Allowance for loan and lease losses (ALLL), beginning	$2,253		$2,265		$2,412		$2,384		$2,352
Total net losses charged-off	(144)		(125)		(339)		(139)		(136)
Provision for loan and lease losses	152		113		192		167		168
Allowance on PCD loans and leases at acquisition	180		—		—		—		—
Allowance on PSLs at acquisition	481		—		—		—		—
ALLL, ending	$2,922		$2,253		$2,265		$2,412		$2,384

Reserve for unfunded commitments, beginning	$157		$151		$146		$140		$134
Provision for the reserve for unfunded commitments	75		6		5		6		6
Reserve for unfunded commitments, ending	$232		$157		$151		$146		$140

Total allowance for credit losses (ACL)	$3,154		$2,410		$2,416		$2,558		$2,524

ACL ratios:
As a % of portfolio loans and leases	1.79	%	1.96	%	1.96	%	2.09	%	2.07	%
As a % of nonperforming portfolio loans and leases	328	%	314	%	314	%	300	%	261	%
As a % of nonperforming portfolio assets	316	%	302	%	302	%	289	%	253	%

ALLL as a % of portfolio loans and leases	1.66	%	1.84	%	1.84	%	1.97	%	1.95	%

Total losses charged-off	$(187)		$(177)		$(382)		$(194)		$(173)
Total recoveries of losses previously charged-off	43		52		43		55		37
Total net losses charged-off1	$(144)		$(125)		$(339)		$(139)		$(136)

Net charge-off ratio (NCO ratio)(b)1	0.37	%	0.40	%	1.09	%	0.45	%	0.46	%
Commercial NCO ratio	0.26	%	0.27	%	1.46	%	0.38	%	0.35	%
Consumer NCO ratio	0.58	%	0.59	%	0.52	%	0.56	%	0.63	%
1Excludes net charge-offs of $21 million which were taken immediately at the time of merger.

The provision for credit losses totaled $227 million in the current quarter and included approximately $83 million of provision expense to establish part of the Day 1 allowance for Comerica. The total Day 1 allowance for credit losses established due to the Comerica acquisition was $744 million, with the allowance primarily established through purchase accounting. The ACL ratio represented 1.79% of total portfolio loans and leases at quarter end, down 17 bps from the prior quarter and down 28 bps from the year-ago quarter. The ACL coverage ratio increased to 328% of nonperforming portfolio loans and leases and 316% of nonperforming portfolio assets.

Net charge-offs totaled $144 million in the current quarter, up $19 million from the prior quarter and the NCO ratio decreased 3 bps to 0.37%. Commercial net charge-offs were $69 million, with a commercial NCO ratio of 0.26%, down 1 bp from the prior quarter. Consumer net charge-offs were $75 million, with a consumer NCO ratio of 0.58%, down 1 bp from the prior quarter.

Compared to the year-ago quarter, net charge-offs increased $8 million and the NCO ratio decreased 9 bps. The commercial NCO ratio decreased 9 bps, and the consumer NCO ratio decreased 5 bps compared to the prior year.

Nonperforming portfolio loans and leases totaled $960 million in the current quarter, representing an NPL ratio of 0.54%, compared to 0.62% in the prior quarter and 0.79% in the year-ago quarter. Nonperforming portfolio assets totaled $999 million in the current quarter, resulting in an NPA ratio of 0.57%, compared to 0.65% in the prior quarter and 0.81% in the year-ago quarter.


Capital Position
	As of and For the Three Months Ended
	March		December		September		June		March
	2026		2025		2025		2025		2025
Capital Position
Average total Bancorp shareholders' equity as a % of average assets	11.34	%	10.11	%	10.02	%	9.82	%	9.50	%
Tangible equity(a)	9.01	%	9.28	%	9.12	%	9.39	%	9.07	%
Tangible common equity (excluding AOCI)(a)	8.26	%	8.46	%	8.29	%	8.38	%	8.07	%
Tangible common equity (including AOCI)(a)	7.25	%	7.14	%	6.89	%	6.84	%	6.40	%

Regulatory Capital Ratios(d)
CET1 capital	9.96	%	10.81	%	10.57	%	10.58	%	10.43	%
Tier 1 risk-based capital	10.86	%	11.87	%	11.63	%	11.85	%	11.71	%
Total risk-based capital	12.56	%	13.78	%	13.54	%	13.77	%	13.63	%
Leverage	10.20	%	9.41	%	9.24	%	9.42	%	9.23	%

CET1 capital ratio of 9.96% decreased 85 bps sequentially, primarily reflecting capital impacts from the Comerica acquisition, including approximately $12.3 billion of common equity issued as consideration for the merger, $6.2 billion of goodwill and intangibles, $73 billion of risk-weighted assets, and $740 million of pre-tax merger-related impacts. There was no share repurchase activity in the first quarter of 2026.

Tax Rate

The effective tax rate for the quarter was 20.1% compared with 19.8% in the prior quarter and 21.2% in the year-ago quarter.

Conference Call

Fifth Third will host a conference call to discuss these financial results at 9:00 a.m. (Eastern Time) today. This conference call will be webcast live and may be accessed through the Fifth Third Investor Relations website at www.53.com (click on “About Us” then “Investor Relations”). Those unable to listen to the live webcast may access a webcast replay through the Fifth Third Investor Relations website at the same web address, which will be available for 30 days.

Corporate Profile

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people, and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com.

Earnings Release End Notes

(a)Non-GAAP measure; see discussion of non-GAAP reconciliation beginning on page 26.

(b)Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis.

(c)Nonperforming portfolio assets as a percent of portfolio loans and leases and OREO.

(d)Current period regulatory capital ratios are estimated.

(e)Assumes a 24% tax rate.

(f)Nonperforming portfolio loans and leases as a percent of portfolio loans and leases.

FORWARD-LOOKING STATEMENTS

This release contains statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder. All statements other than statements of historical fact are forward-looking statements. These statements relate to our financial condition, results of operations, plans, objectives, future performance, capital actions or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are expected to,” “is anticipated,” “potential,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as “believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K as updated by our filings with the U.S. Securities and Exchange Commission (“SEC”).

There are a number of important factors that could cause future results to differ materially from historical performance and these forward-looking statements. Factors that might cause such a difference include, but are not limited to: (1) deteriorating credit quality; (2) loan concentration by location or industry of borrowers or collateral; (3) any instability or disruption in the financial system, including those caused by actual or perceived issues affecting the soundness of other financial institutions or market participants; (4) inadequate sources of funding or liquidity; (5) unfavorable actions of rating agencies; (6) inability to maintain or grow deposits; (7) limitations on the ability to receive dividends from subsidiaries; (8) cyber-security risks; (9) Fifth Third’s ability to secure confidential information and deliver products and services through the use of computer systems and telecommunications networks; (10) failures by third-party service providers; (11) inability to manage strategic initiatives and/or organizational changes; (12) inability to implement technology system enhancements, including the use of artificial intelligence; (13) failure of internal controls and other risk management programs; (14) losses related to fraud, theft, misappropriation or violence; (15) inability to attract and retain skilled personnel; (16) adverse impacts of government regulation; (17) governmental or regulatory changes or other actions; (18) failures to meet applicable capital requirements; (19) regulatory objections to Fifth Third’s capital plan; (20) regulation of Fifth Third’s derivatives activities; (21) deposit insurance premiums; (22) assessments for the orderly liquidation fund; (23) weakness in the national or local economies; (24) global political and economic uncertainty or negative actions; (25) changes in interest rates and the effects of inflation; (26) changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs; (27) changes and trends in capital markets; (28) fluctuation of Fifth Third’s stock price; (29) volatility in mortgage banking revenue; (30) litigation, investigations, and enforcement proceedings; (31) breaches of contractual covenants, representations and warranties; (32) competition and changes in the financial services industry; (33) potential impacts of the adoption of real-time payment networks; (34) changing retail distribution strategies, customer preferences and behavior; (35) difficulties in identifying, acquiring or integrating suitable strategic partnerships, investments or acquisitions; (36) potential dilution from future acquisitions; (37) loss of income and/or difficulties encountered in the sale and separation of businesses, investments or other assets; (38) results of investments or acquired entities; (39) changes in accounting standards or interpretation or declines in the value of Fifth Third’s goodwill or other intangible assets; (40) inaccuracies or other failures from the use of models; (41) effects of critical accounting policies and judgments or the use of inaccurate estimates; (42) weather-related events, other natural disasters, or health emergencies (including pandemics); (43) the impact of reputational risk created by these or other developments on such matters as business generation and retention, funding and liquidity; (44) changes in law or requirements imposed by Fifth Third’s regulators impacting our capital actions, including dividend payments and stock repurchases; (45) Fifth Third's ability to meet its environmental and/or social targets, goals and commitments; and (46) risks relating to the merger with Comerica Incorporated, including Fifth Third’s inability to realize the anticipated benefits of the merger and potential disruption to Fifth Third’s business resulting from post-merger integration.

You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information on other factors, which could cause actual results to be significantly different from those expressed or implied by these forward-looking statements. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to us. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as may be required by law, and we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The information contained herein is intended to be reviewed in its totality, and any stipulations, conditions or provisos that apply to a given piece of information in one part of this press release should be read as applying mutatis mutandis to every other instance of such information appearing herein.

# # #

Quarterly Financial Review for March 31, 2026

Table of Contents




			Financial Highlights			14-15
			Consolidated Statements of Income			16-17
			Consolidated Balance Sheets			18-19
			Consolidated Statements of Changes in Equity			20
			Average Balance Sheets and Yield/Rate Analysis			21
			Summary of Loans and Leases			22
			Regulatory Capital			23
			Summary of Credit Loss Experience			24
			Asset Quality			25
			Non-GAAP Reconciliation			26-28
			Segment Presentation			29


Fifth Third Bancorp and Subsidiaries
Financial Highlights		As of and For the Three Months Ended						% / bps
$ in millions, except per share data								Change
(unaudited)		March		December		March
		2026		2025		2025		Seq		Yr/Yr
Income Statement Data
Net interest income		$1,934		$1,529		$1,437		26%		35%
Net interest income (FTE)(a)		1,939		1,533		1,442		26%		34%
Noninterest income		895		811		694		10%		29%
	Total revenue (FTE)(a)	2,834		2,344		2,136		21%		33%
Provision for credit losses		227		119		174		91%		30%
Noninterest expense		2,395		1,309		1,304		83%		84%
Net income		165		731		515		(77%)		(68%)
Net income available to common shareholders		128		699		478		(82%)		(73%)

Earnings Per Share Data
Net income allocated to common shareholders		$128		$699		$478		(82%)		(73%)
Average common shares outstanding (in thousands):
	Basic	825,119		664,384		671,052		24%		23%
	Diluted	830,274		669,153		676,040		24%		23%
Earnings per share, basic		$0.16		$1.05		$0.71		(85%)		(77%)
Earnings per share, diluted		0.15		1.04		0.71		(86%)		(79%)

Common Share Data
Cash dividends per common share		$0.40		$0.40		$0.37		—		8%
Book value per share		35.24		30.18		27.41		17%		29%
Market value per share		46.46		46.81		39.20		(1%)		19%
Common shares outstanding (in thousands)		905,823		661,198		667,272		37%		36%
Market capitalization		$42,085		$30,951		$26,157		36%		61%

Financial Ratios
Return on average assets		0.25	%	1.36	%	0.99	%	(111)		(74)
Return on average common equity		1.8	%	14.0	%	10.8	%	NM		(900)
Return on average tangible common equity(a)		3.5	%	19.0	%	15.2	%	NM		NM
Noninterest income as a percent of total revenue(a)		32	%	35	%	32	%	(300)		—
Dividend payout		250.0	%	38.1	%	52.1	%	NM		NM
Average total Bancorp shareholders’ equity as a percent of average assets		11.34	%	10.11	%	9.50	%	123		184
Tangible common equity(a)		8.26	%	8.46	%	8.07	%	(20)		19
Net interest margin (FTE)(a)		3.30	%	3.13	%	3.03	%	17		27
Efficiency (FTE)(a)		84.5	%	55.8	%	61.0	%	NM		NM
Effective tax rate		20.1	%	19.8	%	21.2	%	30		(110)

Credit Quality
Net losses charged-off(h)		$144		$125		$136		15	%	6	%
Net losses charged-off as a percent of average portfolio loans and leases (annualized)		0.37	%	0.40	%	0.46	%	(3)		(9)
ALLL as a percent of portfolio loans and leases		1.66	%	1.84	%	1.95	%	(18)		(29)
ACL as a percent of portfolio loans and leases(f)		1.79	%	1.96	%	2.07	%	(17)		(28)
Nonperforming portfolio assets as a percent of portfolio loans and leases and OREO		0.57	%	0.65	%	0.81	%	(8)		(24)

Average Balances
Loans and leases, including held for sale		$158,283		$124,147		$121,764		27%		30%
Securities and other short-term investments		79,678		69,997		71,044		14%		12%
Assets		265,551		213,021		210,558		25%		26%
Transaction deposits(b)		194,904		155,895		151,431		25%		29%
Core deposits(c)		206,545		166,436		161,811		24%		28%
Wholesale funding(d)		21,551		18,853		22,262		14%		(3%)
Bancorp shareholders' equity		30,108		21,527		20,000		40%		51%

Regulatory Capital Ratios(e)
CET1 capital		9.96	%	10.81	%	10.43	%	(85)		(47)
Tier 1 risk-based capital		10.86	%	11.87	%	11.71	%	(101)		(85)
Total risk-based capital		12.56	%	13.78	%	13.63	%	(122)		(107)
Leverage		10.20	%	9.41	%	9.23	%	79		97

Additional Metrics
Banking centers		1,489		1,130		1,084		32%		37%
ATMs		2,643		2,199		2,069		20%		28%
Full-time equivalent employees		25,980		18,676		18,786		39%		38%
Assets under care ($ in billions)(g)		$746		$690		$639		8%		17%
Assets under management ($ in billions)(g)		119		80		68		49%		75%

(a)Non-GAAP measure; see discussion and reconciliation of non-GAAP measures beginning on page 26.

(b)Includes demand, interest checking, savings and money market deposits..

(c)Includes transaction deposits plus CDs $250,000 or less.

(d)Includes CDs over $250,000, other deposits, federal funds purchased, other short-term borrowings and long-term debt.

(e)Current period regulatory capital ratios are estimates.

(f)The allowance for credit losses is the sum of the ALLL and the reserve for unfunded commitments.

(g)Assets under management and assets under care include trust and brokerage assets.

(h)Excludes net charge-offs of $21 million which were taken immediately at the time of merger.


Fifth Third Bancorp and Subsidiaries
Financial Highlights
$ in millions, except per share data		As of and For the Three Months Ended
(unaudited)		March		December		September		June		March
		2026		2025		2025		2025		2025
Income Statement Data
Net interest income		$1,934		$1,529		$1,520		$1,495		$1,437
Net interest income (FTE)(a)		1,939		1,533		1,525		1,500		1,442
Noninterest income		895		811		781		750		694
	Total revenue (FTE)(a)	2,834		2,344		2,306		2,250		2,136
Provision for credit losses		227		119		197		173		174
Noninterest expense		2,395		1,309		1,267		1,264		1,304
Net income		165		731		649		628		515
Net income available to common shareholders		128		699		608		591		478

Earnings Per Share Data
Net income allocated to common shareholders		$128		$699		$608		$591		$478
Average common shares outstanding (in thousands):
	Basic	825,119		664,384		666,427		670,787		671,052
	Diluted	830,274		669,153		670,878		674,034		676,040
Earnings per share, basic		$0.16		$1.05		$0.91		$0.88		$0.71
Earnings per share, diluted		0.15		1.04		0.91		0.88		0.71

Common Share Data
Cash dividends per common share		$0.40		$0.40		$0.40		$0.37		$0.37
Book value per share		35.24		30.18		29.26		28.47		27.41
Market value per share		46.46		46.81		44.55		41.13		39.20
Common shares outstanding (in thousands)		905,823		661,198		660,973		667,710		667,272
Market capitalization		$42,085		$30,951		$29,446		$27,463		$26,157

Financial Ratios
Return on average assets		0.25	%	1.36	%	1.21	%	1.20	%	0.99	%
Return on average common equity		1.8	%	14.0	%	12.6	%	12.8	%	10.8	%
Return on average tangible common equity(a)		3.5	%	19.0	%	17.3	%	17.6	%	15.2	%
Noninterest income as a percent of total revenue(a)		32	%	35	%	34	%	33	%	32	%
Dividend payout		250.0	%	38.1	%	44.0	%	42.0	%	52.1	%
Average total Bancorp shareholders’ equity as a percent of average assets		11.34	%	10.11	%	10.02	%	9.82	%	9.50	%
Tangible common equity(a)		8.26	%	8.46	%	8.29	%	8.38	%	8.07	%
Net interest margin (FTE)(a)		3.30	%	3.13	%	3.13	%	3.12	%	3.03	%
Efficiency (FTE)(a)		84.5	%	55.8	%	54.9	%	56.2	%	61.0	%
Effective tax rate		20.1	%	19.8	%	22.6	%	22.2	%	21.2	%

Credit Quality
Net losses charged-off(h)		$144		$125		$339		$139		$136
Net losses charged-off as a percent of average portfolio loans and leases (annualized)		0.37	%	0.40	%	1.09	%	0.45	%	0.46	%
ALLL as a percent of portfolio loans and leases		1.66	%	1.84	%	1.84	%	1.97	%	1.95	%
ACL as a percent of portfolio loans and leases(f)		1.79	%	1.96	%	1.96	%	2.09	%	2.07	%
Nonperforming portfolio assets as a percent of portfolio loans and leases and OREO		0.57	%	0.65	%	0.65	%	0.72	%	0.81	%

Average Balances
Loans and leases, including held for sale		$158,283		$124,147		$123,993		$123,657		$121,764
Securities and other short-term investments		79,678		69,997		69,507		69,025		71,044
Assets		265,551		213,021		211,770		210,554		210,558
Transaction deposits(b)		194,904		155,895		151,669		150,881		151,431
Core deposits(c)		206,545		166,436		162,510		161,375		161,811
Wholesale funding(d)		21,551		18,853		21,821		22,423		22,262
Bancorp shareholders’ equity		30,108		21,527		21,216		20,670		20,000

Regulatory Capital Ratios(e)
CET1 capital		9.96	%	10.81	%	10.57	%	10.58	%	10.43	%
Tier 1 risk-based capital		10.86	%	11.87	%	11.63	%	11.85	%	11.71	%
Total risk-based capital		12.56	%	13.78	%	13.54	%	13.77	%	13.63	%
Leverage		10.20	%	9.41	%	9.24	%	9.42	%	9.23	%

Additional Metrics
Banking centers		1,489		1,130		1,102		1,089		1,084
ATMs		2,643		2,199		2,184		2,170		2,069
Full-time equivalent employees		25,980		18,676		18,476		18,690		18,786
Assets under care ($ in billions)(g)		$746		$690		$681		$657		$639
Assets under management ($ in billions)(g)		119		80		77		73		68

(a)Non-GAAP measure; see discussion and reconciliation of non-GAAP measures beginning on page 26.

(b)Includes demand, interest checking, savings and money market deposits.

(c)Includes transaction deposits plus CDs $250,000 or less.

(d)Includes CDs over $250,000, other deposits, federal funds purchased, other short-term borrowings and long-term debt.

(e)Current period regulatory capital ratios are estimates.

(f)The allowance for credit losses is the sum of the ALLL and the reserve for unfunded commitments.

(g)Assets under management and assets under care include trust and brokerage assets.

(h)Excludes net charge-offs of $21 million which were taken immediately at the time of merger.


Fifth Third Bancorp and Subsidiaries
Consolidated Statements of Income
$ in millions	For the Three Months Ended			% Change
(unaudited)	March	December	March
	2026	2025	2025	Seq	Yr/Yr
Interest Income
Interest and fees on loans and leases	$2,293	$1,862	$1,816	23%	26%
Interest on securities	501	431	451	16%	11%
Interest on other short-term investments	178	175	165	2%	8%
Total interest income	2,972	2,468	2,432	20%	22%

Interest Expense
Interest on deposits	813	726	743	12%	9%
Interest on short-term borrowings	5	34	58	(85%)	(91%)
Interest on long-term debt	220	179	194	23%	13%
Total interest expense	1,038	939	995	11%	4%

Net Interest Income	1,934	1,529	1,437	26%	35%

Provision for credit losses	227	119	174	91%	30%
Net Interest Income After Provision for Credit Losses	1,707	1,410	1,263	21%	35%

Noninterest Income
Wealth and asset management revenue	233	185	172	26%	35%
Commercial payments revenue	218	167	153	31%	42%
Consumer banking revenue	146	143	137	2%	7%
Capital markets fees	134	121	90	11%	49%
Commercial banking revenue	105	102	80	3%	31%
Mortgage banking net revenue	44	56	57	(21%)	(23%)
Other noninterest income	27	42	14	(36%)	93%
Securities losses, net	(12)	(5)	(9)	140%	33%

Total noninterest income	895	811	694	10%	29%

Noninterest Expense
Compensation and benefits	1,410	683	750	106%	88%
Technology and communications	204	138	123	48%	66%
Net occupancy expense	140	89	87	57%	61%
Card and processing expense	79	27	21	193%	276%
Equipment expense	55	43	42	28%	31%
Loan and lease expense	42	41	30	2%	40%
Marketing expense	50	37	28	35%	79%
Other noninterest expense	415	251	223	65%	86%
Total noninterest expense	2,395	1,309	1,304	83%	84%
Income Before Income Taxes	207	912	653	(77%)	(68%)
Applicable income tax expense	42	181	138	(77%)	(70%)
Net Income	165	731	515	(77%)	(68%)
Dividends on preferred stock	37	32	37	16%	—
Net Income Available to Common Shareholders	$128	$699	$478	(82%)	(73%)


Fifth Third Bancorp and Subsidiaries
Consolidated Statements of Income
$ in millions	For the Three Months Ended
(unaudited)	March	December	September	June	March
	2026	2025	2025	2025	2025
Interest Income
Interest and fees on loans and leases	$2,293	$1,862	$1,909	$1,881	$1,816
Interest on securities	501	431	444	458	451
Interest on other short-term investments	178	175	166	145	165
Total interest income	2,972	2,468	2,519	2,484	2,432

Interest Expense
Interest on deposits	813	726	750	732	743
Interest on short-term borrowings	5	34	61	61	58
Interest on long-term debt	220	179	188	196	194
Total interest expense	1,038	939	999	989	995

Net Interest Income	1,934	1,529	1,520	1,495	1,437

Provision for credit losses	227	119	197	173	174
Net Interest Income After Provision for Credit Losses	1,707	1,410	1,323	1,322	1,263

Noninterest Income
Wealth and asset management revenue	233	185	181	166	172
Commercial payments revenue	218	167	157	152	153
Consumer banking revenue	146	143	144	147	137
Capital markets fees	134	121	115	90	90
Commercial banking revenue	105	102	87	79	80
Mortgage banking net revenue	44	56	58	56	57
Other noninterest income	27	42	29	44	14
Securities (losses) gains, net	(12)	(5)	10	16	(9)

Total noninterest income	895	811	781	750	694

Noninterest Expense
Compensation and benefits	1,410	683	685	698	750
Technology and communications	204	138	128	126	123
Net occupancy expense	140	89	89	83	87
Card and processing expense	79	27	22	22	21
Equipment expense	55	43	44	41	42
Loan and lease expense	42	41	39	36	30
Marketing expense	50	37	34	43	28
Other noninterest expense	415	251	226	215	223
Total noninterest expense	2,395	1,309	1,267	1,264	1,304
Income Before Income Taxes	207	912	837	808	653
Applicable income tax expense	42	181	188	180	138
Net Income	165	731	649	628	515
Dividends on preferred stock	37	32	41	37	37
Net Income Available to Common Shareholders	$128	$699	$608	$591	$478


Fifth Third Bancorp and Subsidiaries
Consolidated Balance Sheets
$ in millions, except per share data	As of			% Change
(unaudited)	March	December	March
	2026	2025	2025	Seq		Yr/Yr
Assets
Cash and due from banks	$4,084	$3,499	$3,009	17%		36%
Other short-term investments	17,456	18,876	14,965	(8%)		17%
Available-for-sale debt and other securities(a)	46,161	36,159	39,747	28%		16%
Held-to-maturity securities(b)	16,389	11,368	11,185	44%		47%
Trading debt securities	1,669	1,057	1,159	58%		44%
Equity securities	544	453	494	20%		10%
Loans and leases held for sale	1,365	733	473	86%		189%
Portfolio loans and leases:
Commercial and industrial loans	83,864	52,749	53,700	59%		56%
Commercial mortgage loans	27,143	12,228	12,357	122%		120%
Commercial construction loans	8,329	5,316	5,952	57%		40%
Commercial leases	3,523	3,269	3,128	8%		13%
Total commercial loans and leases	122,859	73,562	75,137	67%		64%
Residential mortgage loans	19,507	17,652	17,581	11%		11%
Home equity	6,735	4,846	4,265	39%		58%
Indirect secured consumer loans	18,296	17,964	16,804	2%		9%
Credit card	1,658	1,747	1,660	(5%)		—
Solar energy installation loans	4,465	4,560	4,262	(2%)		5%
Other consumer loans	2,730	2,320	2,482	18%		10%
Total consumer loans	53,391	49,089	47,054	9%		13%
Portfolio loans and leases	176,250	122,651	122,191	44%		44%
Allowance for loan and lease losses	(2,922)	(2,253)	(2,384)	30%		23%
Portfolio loans and leases, net	173,328	120,398	119,807	44%		45%
Bank premises and equipment	3,283	2,734	2,506	20%		31%
Goodwill	9,966	4,947	4,918	101%		103%
Intangible assets	1,233	69	82	NM		NM
Servicing rights	1,583	1,598	1,663	(1%)		(5%)
Other assets	19,978	12,485	12,661	60%		58%
Total Assets	$297,039	$214,376	$212,669	39%		40%

Liabilities
Deposits:
Demand	$65,335	$42,647	$40,855	53%		60%
Interest checking	72,425	61,155	58,420	18%		24%
Savings	18,610	16,155	17,583	15%		6%
Money market	62,345	39,285	36,505	59%		71%
CDs $250,000 or less	11,807	10,599	10,248	11%		15%
CDs over $250,000	3,099	1,978	1,894	57%		64%
Total deposits	233,621	171,819	165,505	36%		41%
Short-term borrowings	1,289	926	5,684	39%		(77%)
Accrued taxes, interest and expenses	2,628	2,083	1,722	26%		53%
Other liabilities	6,642	4,235	4,816	57%		38%
Long-term debt	18,753	13,589	14,539	38%		29%
Total Liabilities	262,933	192,652	192,266	36%		37%
Equity
Common stock(c)	2,585	2,051	2,051	26%		26%
Preferred stock	2,182	1,770	2,116	23%		3%
Capital surplus	15,586	3,831	3,773	307%		313%
Retained earnings	25,248	25,488	24,377	(1%)		4%
Accumulated other comprehensive loss	(3,234)	(3,110)	(3,895)	4%		(17%)
Treasury stock	(8,261)	(8,306)	(8,019)	(1%)		3%
Total Equity	34,106	21,724	20,403	57%		67%
Total Liabilities and Equity	$297,039	$214,376	$212,669	39%		40%
(a) Amortized cost	$49,238	$39,107	$43,445	26%		13%
(b) Market values	16,341	11,404	11,072	43	%	48	%
(c) Common shares, stated value $2.22 per share (in thousands):
Authorized	2,000,000	2,000,000	2,000,000	—		—
Outstanding, excluding treasury	905,823	661,198	667,272	—		—
Treasury	258,416	262,695	256,621	—		—


Fifth Third Bancorp and Subsidiaries
Consolidated Balance Sheets
$ in millions, except per share data	As of
(unaudited)	March	December	September	June	March
	2026	2025	2025	2025	2025
Assets
Cash and due from banks	$4,084	$3,499	$2,901	$2,972	$3,009
Other short-term investments	17,456	18,876	17,215	13,043	14,965
Available-for-sale debt and other securities(a)	46,161	36,159	36,461	38,270	39,747
Held-to-maturity securities(b)	16,389	11,368	11,498	11,630	11,185
Trading debt securities	1,669	1,057	1,266	1,324	1,159
Equity securities	544	453	287	404	494
Loans and leases held for sale	1,365	733	576	646	473
Portfolio loans and leases:
Commercial and industrial loans	83,864	52,749	53,947	53,312	53,700
Commercial mortgage loans	27,143	12,228	11,932	12,112	12,357
Commercial construction loans	8,329	5,316	5,326	5,551	5,952
Commercial leases	3,523	3,269	3,218	3,177	3,128
Total commercial loans and leases	122,859	73,562	74,423	74,152	75,137
Residential mortgage loans	19,507	17,652	17,644	17,681	17,581
Home equity	6,735	4,846	4,678	4,485	4,265
Indirect secured consumer loans	18,296	17,964	17,885	17,591	16,804
Credit card	1,658	1,747	1,692	1,707	1,660
Solar energy installation loans	4,465	4,560	4,432	4,316	4,262
Other consumer loans	2,730	2,320	2,376	2,464	2,482
Total consumer loans	53,391	49,089	48,707	48,244	47,054
Portfolio loans and leases	176,250	122,651	123,130	122,396	122,191
Allowance for loan and lease losses	(2,922)	(2,253)	(2,265)	(2,412)	(2,384)
Portfolio loans and leases, net	173,328	120,398	120,865	119,984	119,807
Bank premises and equipment	3,283	2,734	2,655	2,560	2,506
Goodwill	9,966	4,947	4,947	4,918	4,918
Intangible assets	1,233	69	76	75	82
Servicing rights	1,583	1,598	1,601	1,629	1,663
Other assets	19,978	12,485	12,555	12,536	12,661
Total Assets	$297,039	$214,376	$212,903	$209,991	$212,669

Liabilities
Deposits:
Demand	$65,335	$42,647	$41,830	$42,174	$40,855
Interest checking	72,425	61,155	57,239	55,524	58,420
Savings	18,610	16,155	16,110	16,614	17,583
Money market	62,345	39,285	38,748	36,586	36,505
CDs $250,000 or less	11,807	10,599	10,667	10,883	10,248
CDs over $250,000	3,099	1,978	1,975	2,426	1,894
Total deposits	233,621	171,819	166,569	164,207	165,505
Short-term borrowings	1,289	926	5,260	3,571	5,684
Accrued taxes, interest and expenses	2,628	2,083	1,943	1,970	1,722
Other liabilities	6,642	4,235	4,347	4,627	4,816
Long-term debt	18,753	13,589	13,677	14,492	14,539
Total Liabilities	262,933	192,652	191,796	188,867	192,266
Equity
Common stock(c)	2,585	2,051	2,051	2,051	2,051
Preferred stock	2,182	1,770	1,770	2,116	2,116
Capital surplus	15,586	3,831	3,813	3,794	3,773
Retained earnings	25,248	25,488	25,057	24,718	24,377
Accumulated other comprehensive loss	(3,234)	(3,110)	(3,276)	(3,546)	(3,895)
Treasury stock	(8,261)	(8,306)	(8,308)	(8,009)	(8,019)
Total Equity	34,106	21,724	21,107	21,124	20,403
Total Liabilities and Equity	$297,039	$214,376	$212,903	$209,991	$212,669
(a) Amortized cost	$49,238	$39,107	$39,617	$41,731	$43,445
(b) Market values	16,341	11,404	11,506	11,547	11,072
(c) Common shares, stated value $2.22 per share (in thousands):
Authorized	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000
Outstanding, excluding treasury	905,823	661,198	660,973	667,710	667,272
Treasury	258,416	262,695	262,919	256,183	256,621


Fifth Third Bancorp and Subsidiaries
Consolidated Statements of Changes in Equity
$ in millions
(unaudited)
			For the Three Months Ended
			March	March
			2026	2025
Total Equity, Beginning			$21,724	$19,645
Net income			165	515
Other comprehensive income, net of tax:
Change in unrealized (losses) gains:
		Available-for-sale debt securities	(100)	481
		Qualifying cash flow hedges	(46)	235
Amortization of unrealized losses on securities transferred to held-to-maturity			22	25


Comprehensive income			41	1,256
Cash dividends declared:
	Common stock		(368)	(251)
	Preferred stock		(37)	(37)
Impact of Comerica acquisition			12,676	—
Impact of stock transactions under stock compensation plans, net			70	16
Shares acquired for treasury			—	(226)


Total Equity, Ending			$34,106	$20,403


Fifth Third Bancorp and Subsidiaries
Average Balance Sheets and Yield/Rate Analysis	For the Three Months Ended
$ in millions	March			December			March
(unaudited)	2026			2025			2025
	Average	Average		Average	Average		Average	Average
	Balance	Yield/Rate		Balance	Yield/Rate		Balance	Yield/Rate
Assets
Interest-earning assets:
Loans and leases:
Commercial and industrial loans(a)	$73,302	5.89	%	$53,960	5.96	%	$53,430	6.22	%
Commercial mortgage loans(a)	22,005	5.85	%	12,083	5.95	%	12,388	5.97	%
Commercial construction loans(a)	7,287	6.45	%	5,399	6.84	%	5,813	6.92	%
Commercial leases(a)	3,347	4.86	%	3,172	4.68	%	3,110	4.80	%
Total commercial loans and leases	105,941	5.89	%	74,614	5.96	%	74,741	6.17	%
Residential mortgage loans	19,414	4.18	%	18,358	4.01	%	17,980	3.96	%
Home equity	6,065	7.02	%	4,770	7.23	%	4,222	7.57	%
Indirect secured consumer loans	18,105	5.54	%	17,879	5.62	%	16,476	5.57	%
Credit card	1,659	13.94	%	1,695	14.04	%	1,627	14.76	%
Solar energy installation loans	4,516	8.17	%	4,486	9.00	%	4,221	8.03	%
Other consumer loans	2,583	8.77	%	2,345	9.33	%	2,497	9.37	%
Total consumer loans	52,342	5.86	%	49,533	5.94	%	47,023	5.88	%
Total loans and leases	158,283	5.88	%	124,147	5.96	%	121,764	6.06	%
Securities:
Taxable securities	58,587	3.41	%	51,157	3.28	%	55,205	3.25	%
Tax exempt securities(a)	1,363	3.26	%	1,355	3.12	%	1,393	3.18	%
Other short-term investments	19,728	3.67	%	17,485	3.96	%	14,446	4.64	%
Total interest-earning assets	237,961	5.07	%	194,144	5.05	%	192,808	5.13	%
Cash and due from banks	3,066			2,716			2,388
Other assets	27,210			18,425			17,714
Allowance for loan and lease losses	(2,686)			(2,264)			(2,352)
Total Assets	$265,551			$213,021			$210,558

Liabilities
Interest-bearing liabilities:
Interest checking deposits	$67,369	2.19	%	$58,612	2.45	%	$57,964	2.69	%
Savings deposits	17,546	0.35	%	16,103	0.40	%	17,226	0.53	%
Money market deposits	54,219	2.39	%	39,409	2.39	%	36,453	2.43	%
CDs $250,000 or less	11,641	3.14	%	10,541	3.43	%	10,380	3.61	%
Total interest-bearing core deposits	150,775	2.12	%	124,665	2.25	%	122,023	2.39	%
CDs over $250,000	2,807	3.41	%	1,948	3.94	%	2,346	4.43	%

Total interest-bearing deposits	153,582	2.15	%	126,613	2.28	%	124,369	2.42	%
Federal funds purchased	178	3.66	%	204	3.92	%	194	4.38	%
Securities sold under repurchase agreements	322	1.09	%	365	1.46	%	286	0.92	%
FHLB advances	99	4.10	%	2,552	4.47	%	4,767	4.62	%
Derivative collateral and other secured borrowings	83	7.49	%	84	6.92	%	84	6.46	%
Long-term debt	18,062	4.93	%	13,700	5.20	%	14,585	5.38	%
Total interest-bearing liabilities	172,326	2.44	%	143,518	2.60	%	144,285	2.80	%
Demand deposits	55,770			41,771			39,788
Other liabilities	7,347			6,205			6,485
Total Liabilities	235,443			191,494			190,558
Total Equity	30,108			21,527			20,000
Total Liabilities and Equity	$265,551			$213,021			$210,558
Ratios:
Net interest margin (FTE)(b)		3.30	%		3.13	%		3.03	%
Net interest rate spread (FTE)(b)		2.63	%		2.45	%		2.33	%
Interest-bearing liabilities to interest-earning assets		72.42	%		73.92	%		74.83	%
(a) Average Yield/Rate of these assets are presented on an FTE basis.
(b) Non-GAAP measure; see discussion and reconciliation of non-GAAP measures beginning on page 26.


Fifth Third Bancorp and Subsidiaries
Summary of Loans and Leases
$ in millions	For the Three Months Ended
(unaudited)	March	December	September	June	March
	2026	2025	2025	2025	2025
Average Portfolio Loans and Leases
Commercial loans and leases:
Commercial and industrial loans	$73,264	$53,947	$54,170	$54,075	$53,401
Commercial mortgage loans	21,969	12,079	12,027	12,410	12,368
Commercial construction loans	7,278	5,399	5,541	5,810	5,797
Commercial leases	3,347	3,172	3,177	3,120	3,110
Total commercial loans and leases	105,858	74,597	74,915	75,415	74,676
Consumer loans:
Residential mortgage loans	18,848	17,660	17,656	17,615	17,552
Home equity	6,064	4,769	4,579	4,383	4,222
Indirect secured consumer loans	18,105	17,879	17,729	17,248	16,476
Credit card	1,659	1,694	1,678	1,659	1,627
Solar energy installation loans	4,516	4,486	4,355	4,268	4,221
Other consumer loans	2,582	2,345	2,414	2,483	2,498
Total consumer loans	51,774	48,833	48,411	47,656	46,596
Total average portfolio loans and leases	$157,632	$123,430	$123,326	$123,071	$121,272

Average Loans and Leases Held for Sale
Commercial loans and leases held for sale	$85	$19	$44	$45	$64
Consumer loans held for sale	566	698	623	541	428
Average loans and leases held for sale	$651	$717	$667	$586	$492

End of Period Portfolio Loans and Leases
Commercial loans and leases:
Commercial and industrial loans	$83,864	$52,749	$53,947	$53,312	$53,700
Commercial mortgage loans	27,143	12,228	11,932	12,112	12,357
Commercial construction loans	8,329	5,316	5,326	5,551	5,952
Commercial leases	3,523	3,269	3,218	3,177	3,128
Total commercial loans and leases	122,859	73,562	74,423	74,152	75,137
Consumer loans:
Residential mortgage loans	19,507	17,652	17,644	17,681	17,581
Home equity	6,735	4,846	4,678	4,485	4,265
Indirect secured consumer loans	18,296	17,964	17,885	17,591	16,804
Credit card	1,658	1,747	1,692	1,707	1,660
Solar energy installation loans	4,465	4,560	4,432	4,316	4,262
Other consumer loans	2,730	2,320	2,376	2,464	2,482
Total consumer loans	53,391	49,089	48,707	48,244	47,054
Total portfolio loans and leases	$176,250	$122,651	$123,130	$122,396	$122,191

End of Period Loans and Leases Held for Sale
Commercial loans and leases held for sale	$651	$75	$8	$74	$28
Consumer loans held for sale	714	658	568	572	445
Loans and leases held for sale	$1,365	$733	$576	$646	$473

Operating lease equipment	$416	$374	$379	$344	$314

Loans and Leases Serviced for Others(a)
Commercial and industrial loans	$1,801	$1,290	$1,206	$1,166	$1,104
Commercial mortgage loans	518	501	558	601	603
Commercial construction loans	318	291	304	333	367
Commercial leases	821	853	764	757	755
Residential mortgage loans	86,733	87,827	89,639	91,201	92,769
Solar energy installation loans	665	686	692	557	575
Other consumer loans	86	92	98	105	112
Total loans and leases serviced for others	90,942	91,540	93,261	94,720	96,285
Total loans and leases owned or serviced	$268,973	$215,298	$217,346	$218,106	$219,263

(a)Fifth Third sells certain loans and leases and obtains servicing responsibilities.


Fifth Third Bancorp and Subsidiaries
Regulatory Capital
$ in millions		As of
(unaudited)		March		December		September		June		March
		2026(a)		2025		2025		2025		2025
Regulatory Capital
CET1 capital		$24,157		$18,099		$17,645		$17,616		$17,239
Additional tier 1 capital		2,182		1,770		1,770		2,116		2,116
Tier 1 capital		26,339		19,869		19,415		19,732		19,355
Tier 2 capital		4,109		3,197		3,204		3,197		3,175
Total regulatory capital		$30,448		$23,066		$22,619		$22,929		$22,530
Risk-weighted assets		$242,458		$167,431		$166,999		$166,517		$165,326

Ratios
Average total Bancorp shareholders' equity as a percent of average assets		11.34	%	10.11	%	10.02	%	9.82	%	9.50	%

Regulatory Capital Ratios
Fifth Third Bancorp
	CET1 capital	9.96	%	10.81	%	10.57	%	10.58	%	10.43	%
	Tier 1 risk-based capital	10.86	%	11.87	%	11.63	%	11.85	%	11.71	%
	Total risk-based capital	12.56	%	13.78	%	13.54	%	13.77	%	13.63	%
	Leverage	10.20	%	9.41	%	9.24	%	9.42	%	9.23	%

Fifth Third Bank, National Association
	Tier 1 risk-based capital	11.84	%	13.09	%	12.95	%	12.87	%	12.78	%
	Total risk-based capital	13.08	%	14.33	%	14.19	%	14.12	%	14.02	%
	Leverage	11.13	%	10.41	%	10.31	%	10.25	%	10.10	%

(a)Current period regulatory capital data and ratios are estimated.


Fifth Third Bancorp and Subsidiaries
Summary of Credit Loss Experience
$ in millions	For the Three Months Ended
(unaudited)	March		December		September		June		March
	2026		2025		2025		2025		2025
Average portfolio loans and leases:
Commercial and industrial loans	$73,264		$53,947		$54,170		$54,075		$53,401
Commercial mortgage loans	21,969		12,079		12,027		12,410		12,368
Commercial construction loans	7,278		5,399		5,541		5,810		5,797
Commercial leases	3,347		3,172		3,177		3,120		3,110
Total commercial loans and leases	105,858		74,597		74,915		75,415		74,676
Residential mortgage loans	18,848		17,660		17,656		17,615		17,552
Home equity	6,064		4,769		4,579		4,383		4,222
Indirect secured consumer loans	18,105		17,879		17,729		17,248		16,476
Credit card	1,659		1,694		1,678		1,659		1,627
Solar energy installation loans	4,516		4,486		4,355		4,268		4,221
Other consumer loans	2,582		2,345		2,414		2,483		2,498
Total consumer loans	51,774		48,833		48,411		47,656		46,596
Total average portfolio loans and leases	$157,632		$123,430		$123,326		$123,071		$121,272

Losses charged-off:
Commercial and industrial loans	($77)		($61)		($280)		($84)		($54)
Commercial mortgage loans	—		(7)		(2)		(4)		(11)
Commercial construction loans	—		—		—		—		—
Commercial leases	—		(1)		—		(2)		(2)
Total commercial loans and leases	(77)		(69)		(282)		(90)		(67)
Residential mortgage loans	—		—		—		—		—
Home equity	(2)		(2)		(1)		(2)		(2)
Indirect secured consumer loans	(40)		(41)		(34)		(33)		(36)
Credit card	(19)		(20)		(20)		(20)		(22)
Solar energy installation loans	(26)		(22)		(20)		(23)		(21)
Other consumer loans	(23)		(23)		(25)		(26)		(25)
Total consumer loans	(110)		(108)		(100)		(104)		(106)
Total losses charged-off	($187)		($177)		($382)		($194)		($173)

Recoveries of losses previously charged-off:
Commercial and industrial loans	$8		$17		$6		$15		$2
Commercial mortgage loans	—		1		1		1		1
Commercial construction loans	—		—		—		—		—
Commercial leases	—		—		—		3		—
Total commercial loans and leases	8		18		7		19		3
Residential mortgage loans	—		1		1		1		—
Home equity	2		1		2		2		2
Indirect secured consumer loans	16		14		16		17		15
Credit card	5		5		4		5		5
Solar energy installation loans	3		5		4		3		3
Other consumer loans	9		8		9		8		9
Total consumer loans	35		34		36		36		34
Total recoveries of losses previously charged-off	$43		$52		$43		$55		$37

Net losses charged-off:
Commercial and industrial loans	($69)		($44)		($274)		($69)		($52)
Commercial mortgage loans	—		(6)		(1)		(3)		(10)
Commercial construction loans	—		—		—		—		—
Commercial leases	—		(1)		—		1		(2)
Total commercial loans and leases	(69)		(51)		(275)		(71)		(64)
Residential mortgage loans	—		1		1		1		—
Home equity	—		(1)		1		—		—
Indirect secured consumer loans	(24)		(27)		(18)		(16)		(21)
Credit card	(14)		(15)		(16)		(15)		(17)
Solar energy installation loans	(23)		(17)		(16)		(20)		(18)
Other consumer loans	(14)		(15)		(16)		(18)		(16)
Total consumer loans	(75)		(74)		(64)		(68)		(72)
Total net losses charged-off(a)	($144)		($125)		($339)		($139)		($136)

Net losses charged-off as a percent of average portfolio loans and leases (annualized):
Commercial and industrial loans	0.38	%	0.32	%	2.01	%	0.51	%	0.39	%
Commercial mortgage loans	—		0.21	%	0.04	%	0.11	%	0.34	%
Commercial construction loans	(0.02	%)	—		—		—		—
Commercial leases	—		0.16	%	(0.04	%)	(0.10	%)	0.29	%
Total commercial loans and leases	0.26	%	0.27	%	1.46	%	0.38	%	0.35	%
Residential mortgage loans	(0.01	%)	(0.01	%)	(0.02	%)	(0.01	%)	—
Home equity	0.01	%	0.06	%	(0.05	%)	0.02	%	0.04	%
Indirect secured consumer loans	0.54	%	0.59	%	0.40	%	0.37	%	0.53	%
Credit card	3.51	%	3.62	%	3.70	%	3.74	%	4.19	%
Solar energy installation loans	2.03	%	1.45	%	1.47	%	1.86	%	1.73	%
Other consumer loans	2.19	%	2.46	%	2.51	%	2.49	%	2.52	%
Total consumer loans	0.58	%	0.59	%	0.52	%	0.56	%	0.63	%
Total net losses charged-off as a percent of average portfolio loans and leases (annualized)	0.37	%	0.40	%	1.09	%	0.45	%	0.46	%

(a)Excludes net charge-offs of $21 million which were taken immediately at the time of merger.


Fifth Third Bancorp and Subsidiaries
Asset Quality
$ in millions	For the Three Months Ended
(unaudited)	March		December		September		June		March
	2026		2025		2025		2025		2025
Allowance for Credit Losses
Allowance for loan and lease losses, beginning	$2,253		$2,265		$2,412		$2,384		$2,352
Total net losses charged-off(d)	(144)		(125)		(339)		(139)		(136)
Provision for loan and lease losses	152		113		192		167		168
Allowance on PCD loans and leases at acquisition	180		—		—		—		—
Allowance on PSLs at acquisition	481		—		—		—		—
Allowance for loan and lease losses, ending	$2,922		$2,253		$2,265		$2,412		$2,384

Reserve for unfunded commitments, beginning	$157		$151		$146		$140		$134
Provision for the reserve for unfunded commitments	75		6		5		6		6
Reserve for unfunded commitments, ending	$232		$157		$151		$146		$140

Components of allowance for credit losses:
Allowance for loan and lease losses	$2,922		$2,253		$2,265		$2,412		$2,384
Reserve for unfunded commitments	232		157		151		146		140
Total allowance for credit losses	$3,154		$2,410		$2,416		$2,558		$2,524

	As of
	March		December		September		June		March
	2026		2025		2025		2025		2025
Nonperforming Assets and Delinquent Loans
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$417		$393		$393		$460		$537
Commercial mortgage loans	94		34		42		48		70
Commercial construction loans	62		—		—		—		—
Commercial leases	—		—		—		—		16
Residential mortgage loans	164		149		142		143		145
Home equity	104		71		72		75		69
Indirect secured consumer loans	58		61		61		65		60
Credit card	30		29		29		29		31
Solar energy installation loans	26		22		22		26		30
Other consumer loans	5		8		7		7		8
Total nonaccrual portfolio loans and leases	960		767		768		853		966
Repossessed property	11		11		12		8		9
OREO	28		19		21		25		21
Total nonperforming portfolio loans and leases and OREO	999		797		801		886		996
Nonaccrual loans held for sale	141		70		4		27		21
Total nonperforming assets	$1,140		$867		$805		$913		$1,017

Loans and leases 90 days past due (accrual):
Commercial and industrial loans	$3		$2		$2		$5		$2
Commercial mortgage loans	19		—		—		3		6
Commercial construction loans	2		1		—		—		—
Commercial leases	1		—		—		—		—
Total commercial loans and leases	25		3		2		8		8
Residential mortgage loans(c)	7		10		11		8		8


Credit card	17		17		16		18		17


Total consumer loans	24		27		27		26		25
Total loans and leases 90 days past due (accrual)(b)	$49		$30		$29		$34		$33
Ratios
Net losses charged-off as a percent of average portfolio loans and leases (annualized)	0.37	%	0.40	%	1.09	%	0.45	%	0.46	%
Allowance for credit losses:
As a percent of portfolio loans and leases	1.79	%	1.96	%	1.96	%	2.09	%	2.07	%
As a percent of nonperforming portfolio loans and leases(a)	328	%	314	%	314	%	300	%	261	%
As a percent of nonperforming portfolio assets(a)	316	%	302	%	302	%	289	%	253	%
Nonperforming portfolio loans and leases as a percent of portfolio loans and leases(a)	0.54	%	0.62	%	0.62	%	0.70	%	0.79	%
Nonperforming portfolio assets as a percent of portfolio loans and leases and OREO(a)	0.57	%	0.65	%	0.65	%	0.72	%	0.81	%
Nonperforming assets as a percent of total loans and leases, OREO, and repossessed property	0.64	%	0.70	%	0.65	%	0.74	%	0.83	%
(a) Excludes nonaccrual loans held for sale.
(b) Excludes loans held for sale.
(c) Excludes government guaranteed residential mortgage loans.
(d) Excludes net charge-offs of $21 million which were taken immediately at the time of merger.

Use of Non-GAAP Financial Measures

In addition to GAAP measures, management considers various non-GAAP measures when evaluating the performance of the business, including: “net interest income (FTE),” “interest income (FTE),” “net interest margin (FTE),” “net interest rate spread (FTE),” “income before income taxes (FTE),” “tangible net income available to common shareholders,” “average tangible common equity,” “return on average tangible common equity,” “tangible common equity (excluding AOCI),” “tangible common equity (including AOCI),” “tangible equity,” “tangible book value per share,” “tangible book value per share (excluding AOCI),” “adjusted noninterest income,” “noninterest income excluding certain items,” “adjusted noninterest expense,” “noninterest expense excluding certain items,” “pre-provision net revenue,” “adjusted efficiency ratio,” “adjusted return on average common equity,” “adjusted return on average tangible common equity,” “adjusted return on average tangible common equity, excluding accumulated other comprehensive income", “adjusted pre-provision net revenue,” “adjusted return on average assets,” “efficiency ratio (FTE),” “total revenue (FTE),” "adjusted total revenue," “noninterest income as a percent of total revenue”, and certain ratios derived from these measures. The Bancorp believes these non-GAAP measures provide useful information to investors because these are among the measures used by the Fifth Third management team to evaluate operating performance and to make day-to-day operating decisions.

The FTE basis adjusts for the tax-favored status of income from certain loans and securities held by the Bancorp that are not taxable for federal income tax purposes. The Bancorp believes this presentation to be the preferred industry measurement of net interest income and net interest margin as it provides a relevant comparison between taxable and non-taxable amounts.

The Bancorp believes tangible net income available to common shareholders, average tangible common equity, tangible common equity (excluding AOCI), tangible common equity (including AOCI), tangible equity, tangible book value per share and return on average tangible common equity are important measures for evaluating the performance of the business without the impacts of intangible items, whether acquired or created internally, in a manner comparable to other companies in the industry who present similar measures.

The Bancorp believes noninterest income, noninterest expense, net interest income, net interest margin, pre-provision net revenue, efficiency ratio, adjusted total revenue, noninterest income as a percent of total revenue, return on average common equity, return on average tangible common equity, and return on average assets are important measures that adjust for significant, unusual, or large transactions that may occur in a reporting period which management does not consider indicative of ongoing financial performance and enhances comparability of results with prior periods.

The Bancorp believes noninterest income excluding certain items and noninterest expense excluding certain items are important measures that adjust for certain components that are prone to significant period-to-period changes in order to facilitate the explanation of variances in the noninterest income and noninterest expense line items.

Management considers various measures when evaluating capital utilization and adequacy, including the tangible equity and tangible common equity (including and excluding AOCI), in addition to capital ratios defined by U.S. banking agencies. These calculations are intended to complement the capital ratios defined by U.S. banking agencies for both absolute and comparative purposes. These ratios are not formally defined by U.S. GAAP or codified in the federal banking regulations and, therefore, are considered to be non-GAAP financial measures. Management believes that providing the tangible common equity ratio excluding AOCI on certain assets and liabilities enables investors and others to assess the Bancorp’s use of equity without the effects of changes in AOCI, some of which are uncertain; providing the tangible common equity ratio including AOCI enables investors and others to assess the Bancorp’s use of equity if components of AOCI, such as unrealized gains or losses, were to be monetized.

Please note that although non-GAAP financial measures provide useful insight, they should not be considered in isolation or relied upon as a substitute for analysis using GAAP measures.

Please see reconciliations of all historical non-GAAP measures used in this release to the most directly comparable GAAP measures, beginning on the following page.


Fifth Third Bancorp and Subsidiaries
Non-GAAP Reconciliation
$ and shares in millions		As of and For the Three Months Ended
(unaudited)		March		December		September		June		March
		2026		2025		2025		2025		2025
Net interest income		$1,934		$1,529		$1,520		$1,495		$1,437
Add: Taxable equivalent adjustment		5		4		5		5		5
Net interest income (FTE) (a)		1,939		1,533		1,525		1,500		1,442

Net interest income (annualized) (b)		7,843		6,066		6,030		5,996		5,828
Net interest income (FTE) (annualized) (c)		7,864		6,082		6,050		6,016		5,848

Interest income		2,972		2,468		2,519		2,484		2,432
Add: Taxable equivalent adjustment		5		4		5		5		5
Interest income (FTE)		2,977		2,472		2,524		2,489		2,437
Interest income (FTE) (annualized) (d)		12,073		9,807		10,014		9,983		9,883

Interest expense (annualized) (e)		4,210		3,725		3,963		3,967		4,035
Average interest-earning assets (f)		237,961		194,144		193,500		192,682		192,808
Average interest-bearing liabilities (g)		172,326		143,518		143,096		142,913		144,285

Net interest margin (b) / (f)		3.30	%	3.12	%	3.12	%	3.11	%	3.02	%
Net interest margin (FTE) (c) / (f)		3.30	%	3.13	%	3.13	%	3.12	%	3.03	%
Net interest rate spread (FTE) (d) / (f) - (e) / (g)		2.63	%	2.45	%	2.41	%	2.40	%	2.33	%

Income before income taxes		$207		$912		$837		$808		$653
Add: Taxable equivalent adjustment		5		4		5		5		5
Income before income taxes (FTE)		212		916		842		813		658

Net income available to common shareholders		128		699		608		591		478
Add: Intangible amortization, net of tax		34		5		5		5		6
Tangible net income available to common shareholders (h)		162		704		613		596		484
Tangible net income available to common shareholders (annualized) (i)		657		2,793		2,432		2,391		1,963

Average Bancorp shareholders’ equity		30,108		21,527		21,216		20,670		20,000
Less:	Average preferred stock	(2,040)		(1,770)		(2,112)		(2,116)		(2,116)
	Average goodwill	(8,686)		(4,947)		(4,937)		(4,918)		(4,918)
	Average intangible assets	(841)		(72)		(77)		(79)		(86)
Average tangible common equity, including AOCI (j)		18,541		14,738		14,090		13,557		12,880
Less:	Average AOCI	3,080		3,137		3,520		3,935		4,362
Average tangible common equity, excluding AOCI (k)		21,621		17,875		17,610		17,492		17,242

Total Bancorp shareholders’ equity		34,106		21,724		21,107		21,124		20,403
Less:	Preferred stock	(2,182)		(1,770)		(1,770)		(2,116)		(2,116)
	Goodwill	(9,966)		(4,947)		(4,947)		(4,918)		(4,918)
	Intangible assets	(1,233)		(69)		(76)		(75)		(82)
Tangible common equity, including AOCI (l)		20,725		14,938		14,314		14,015		13,287
Less:	AOCI	3,234		3,110		3,276		3,546		3,895
Tangible common equity, excluding AOCI (m)		23,959		18,048		17,590		17,561		17,182
Add:	Preferred stock	2,182		1,770		1,770		2,116		2,116
Tangible equity (n)		26,141		19,818		19,360		19,677		19,298

Total assets		297,039		214,376		212,903		209,991		212,669
Less:	Goodwill	(9,966)		(4,947)		(4,947)		(4,918)		(4,918)
	Intangible assets	(1,233)		(69)		(76)		(75)		(82)
Tangible assets, including AOCI (o)		285,840		209,360		207,880		204,998		207,669
Less:	AOCI, before tax	4,255		4,092		4,311		4,666		5,125
Tangible assets, excluding AOCI (p)		$290,095		$213,452		$212,191		$209,664		$212,794

Common shares outstanding (q)		906		661		661		668		667

Tangible equity (n) / (p)		9.01	%	9.28	%	9.12	%	9.39	%	9.07	%
Tangible common equity (excluding AOCI) (m) / (p)		8.26	%	8.46	%	8.29	%	8.38	%	8.07	%
Tangible common equity (including AOCI) (l) / (o)		7.25	%	7.14	%	6.89	%	6.84	%	6.40	%
Tangible book value per share (including AOCI) (l) / (q)		$22.88		$22.60		$21.66		$20.98		$19.92
Tangible book value per share (excluding AOCI) (m) / (q)		$26.44		$27.30		$26.61		$26.29		$25.76


Fifth Third Bancorp and Subsidiaries
Non-GAAP Reconciliation
$ in millions		For the Three Months Ended
(unaudited)		March		December		March
		2026		2025		2025
Net income (r)		$165		$731		$515
Net income (annualized) (s)		669		2,900		2,089

Adjustments (pre-tax items)
	Merger-related charges	657		13		—
	Merger-related Day 1 ACL build	83		—		—
	Securities (gains)/losses	12		5		9

	Litigation settlements	—		(12)		—
	FDIC special assessment	—		(25)		—
	Fifth Third Foundation contribution	—		50		—
	Interchange litigation matters	(8)		11		18
	Non-qualified deferred compensation expense/(benefit)	(9)		(5)		(4)
Adjustments, pre-tax		735		37		23
	Applicable income tax expense on adjustments	166		6		5
Adjustments, after-tax (t)(a)(b)		569		31		18

Adjustments (tax related items)
	Benefit related to the resolution of certain tax matters	—		(7)		—
Adjustments (tax related items) (u)		—		(7)		—







Noninterest income (v)		895		811		694
	Interchange litigation matters	(8)		8		18
	Merger-related charges	22		—		—
	Litigation settlements	—		(12)		—
Noninterest income excluding certain item(s)		909		807		712
	Securities losses, net	12		5		9
Adjusted noninterest income, excluding certain items and securities losses (w)		921		812		721

Noninterest expense (x)		2,395		1,309		1,304
	Interchange litigation matters	—		(3)		—


	Merger-related charges	(635)		(13)		—
	FDIC special assessment	—		25		—
	Fifth Third Foundation contribution	—		(50)		—
Noninterest expense excluding certain item(s)		1,760		1,268		1,304
	Non-qualified deferred compensation benefit	9		5		4
Adjusted noninterest expense, excluding certain items and non-qualified deferred compensation (y)		1,769		1,273		1,308

Adjusted net income (r) + (t) + (u)		734		755		533
Adjusted net income (annualized) (z)		2,977		2,995		2,162

Adjusted tangible net income available to common shareholders (h) + (t) + (u)		731		728		502
Adjusted tangible net income available to common shareholders (annualized) (aa)		2,965		2,888		2,036

Average assets (ab)		$265,551		$213,021		$210,558

Return on average tangible common equity (i) / (j)		3.5	%	19.0	%	15.2	%
Return on average tangible common equity excluding AOCI (i) / (k)		3.0	%	15.6	%	11.4	%
Adjusted return on average tangible common equity, including AOCI (aa) / (j)		16.0	%	19.6	%	15.8	%
Adjusted return on average tangible common equity, excluding AOCI (aa) / (k)		13.7	%	16.2	%	11.8	%

Return on average assets (s) / (ab)		0.25	%	1.36	%	0.99	%
Adjusted return on average assets (z) / (ab)		1.12	%	1.41	%	1.03	%
Efficiency ratio (FTE) (x) / [(a) + (v)]		84.5	%	55.8	%	61.0	%
Adjusted efficiency ratio (y) / [(a) + (w)]		61.9	%	54.3	%	60.5	%


Total revenue (FTE) (a) + (v)		$2,834		$2,344		$2,136
Adjusted total revenue (FTE) (a) + (w)		$2,860		$2,345		$2,163
Pre-provision net revenue (PPNR) (a) + (v) - (x)		$439		$1,035		$832
Adjusted pre-provision net revenue (PPNR) (a) + (w) - (y)		$1,091		$1,072		$855
Totals may not foot due to rounding.
(a) Assumes a 24% tax rate.
(b) A portion of the adjustments related to merger-related expenses are not tax-deductible.


Fifth Third Bancorp and Subsidiaries
Segment Presentation
$ in millions
(unaudited)

For the three months ended March 31, 2026	Commercial Banking	Consumer and Small Business Banking	Wealth and Asset Management	General Corporate and Other	Total

Net interest income (FTE)(a)	$878	$1,073	$83	$(95)	$1,939
(Provision for) benefit from credit losses	(158)	(89)	—	20	(227)
Net interest income after (provision for) benefit from credit losses	720	984	83	(75)	1,712
Noninterest income	441	298	164	(8)	895
Noninterest expense	(734)	(810)	(183)	(668)	(2,395)
Income (loss) before income taxes (FTE)(a)	$427	$472	$64	$(751)	$212



For the three months ended December 31, 2025	Commercial Banking	Consumer and Small Business Banking	Wealth and Asset Management	General Corporate and Other	Total

Net interest income (FTE)(a)	$581	$1,026	$52	$(126)	$1,533
(Provision for) benefit from credit losses	(46)	(84)	—	11	(119)
Net interest income after (provision for) benefit from credit losses	535	942	52	(115)	1,414
Noninterest income	386	311	111	3	811
Noninterest expense	(476)	(645)	(97)	(91)	(1,309)
Income (loss) before income taxes (FTE)(a)	$445	$608	$66	$(203)	$916



For the three months ended September 30, 2025	Commercial Banking	Consumer and Small Business Banking	Wealth and Asset Management	General Corporate and Other	Total

Net interest income (FTE)(a)	$594	$1,082	$55	$(206)	$1,525
(Provision for) benefit from credit losses	(246)	(73)	—	122	(197)
Net interest income after (provision for) benefit from credit losses	348	1,009	55	(84)	1,328
Noninterest income	357	309	109	6	781
Noninterest expense	(454)	(653)	(93)	(67)	(1,267)
Income (loss) before income taxes (FTE)(a)	$251	$665	$71	$(145)	$842



For the three months ended June 30, 2025	Commercial Banking	Consumer and Small Business Banking	Wealth and Asset Management	General Corporate and Other	Total

Net interest income (FTE)(a)	$595	$1,085	$57	$(237)	$1,500
(Provision for) benefit from credit losses	(79)	(84)	2	(12)	(173)
Net interest income after (provision for) benefit from credit losses	516	1,001	59	(249)	1,327
Noninterest income	321	293	101	35	750
Noninterest expense	(453)	(646)	(95)	(70)	(1,264)
Income (loss) before income taxes (FTE)(a)	$384	$648	$65	$(284)	$813



For the three months ended March 31, 2025	Commercial Banking	Consumer and Small Business Banking	Wealth and Asset Management	General Corporate and Other	Total

Net interest income (FTE)(a)	$552	$975	$49	$(134)	$1,442
Provision for credit losses	(80)	(84)	—	(10)	(174)
Net interest income after provision for credit losses	472	891	49	(144)	1,268
Noninterest income	301	281	109	3	694
Noninterest expense	(511)	(650)	(106)	(37)	(1,304)
Income (loss) before income taxes (FTE)(a)	$262	$522	$52	$(178)	$658


(a) Includes taxable equivalent adjustments of $5 million for the three months ended March 31, 2026, $4 million for the three months ended December 31, 2025 and $5 million for the three months ended September 30, 2025, June 30, 2025 and March 31, 2025.

1Q26 Earnings Presentation April 17, 2026 Refer to earnings release dated April 17, 2026 for further information.

© Fifth Third Bancorp | All Rights Reserved This presentation contains statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder. All statements other than statements of historical fact are forward-looking statements. These statements relate to our financial condition, results of operations, plans, objectives, future performance, capital actions or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are expected to,” “is anticipated,” “potential,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as “believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K as updated by our filings with the U.S. Securities and Exchange Commission (“SEC”). There are a number of important factors that could cause future results to differ materially from historical performance and these forward-looking statements. Factors that might cause such a difference include, but are not limited to: (1) deteriorating credit quality; (2) loan concentration by location or industry of borrowers or collateral; (3) any instability or disruption in the financial system, including those caused by actual or perceived issues affecting the soundness of other financial institutions or market participants; (4) inadequate sources of funding or liquidity; (5) unfavorable actions of rating agencies; (6) inability to maintain or grow deposits; (7) limitations on the ability to receive dividends from subsidiaries; (8) cyber-security risks; (9) Fifth Third’s ability to secure confidential information and deliver products and services through the use of computer systems and telecommunications networks; (10) failures by third-party service providers; (11) inability to manage strategic initiatives and/or organizational changes; (12) inability to implement technology system enhancements, including the use of artificial intelligence; (13) failure of internal controls and other risk management programs; (14) losses related to fraud, theft, misappropriation or violence; (15) inability to attract and retain skilled personnel; (16) adverse impacts of government regulation; (17) governmental or regulatory changes or other actions; (18) failures to meet applicable capital requirements; (19) regulatory objections to Fifth Third’s capital plan; (20) regulation of Fifth Third’s derivatives activities; (21) deposit insurance premiums; (22) assessments for the orderly liquidation fund; (23) weakness in the national or local economies; (24) global political and economic uncertainty or negative actions; (25) changes in interest rates and the effects of inflation; (26) changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs; (27) changes and trends in capital markets; (28) fluctuation of Fifth Third’s stock price; (29) volatility in mortgage banking revenue; (30) litigation, investigations, and enforcement proceedings; (31) breaches of contractual covenants, representations and warranties; (32) competition and changes in the financial services industry; (33) potential impacts of the adoption of real-time payment networks; (34) changing retail distribution strategies, customer preferences and behavior; (35) difficulties in identifying, acquiring or integrating suitable strategic partnerships, investments or acquisitions; (36) potential dilution from future acquisitions; (37) loss of income and/or difficulties encountered in the sale and separation of businesses, investments or other assets; (38) results of investments or acquired entities; (39) changes in accounting standards or interpretation or declines in the value of Fifth Third’s goodwill or other intangible assets; (40) inaccuracies or other failures from the use of models; (41) effects of critical accounting policies and judgments or the use of inaccurate estimates; (42) weather- related events, other natural disasters, or health emergencies (including pandemics); (43) the impact of reputational risk created by these or other developments on such matters as business generation and retention, funding and liquidity; (44) changes in law or requirements imposed by Fifth Third’s regulators impacting our capital actions, including dividend payments and stock repurchases; (45) Fifth Third's ability to meet its environmental and/or social targets, goals and commitments; and (46) risks relating to the merger with Comerica Incorporated, including Fifth Third’s inability to realize the anticipated benefits of the merger and potential disruption to Fifth Third’s business resulting from post-merger integration. You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information on other factors, which could cause actual results to be significantly different from those expressed or implied by these forward-looking statements. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to us. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as may be required by law, and we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The information contained herein is intended to be reviewed in its totality, and any stipulations, conditions or provisos that apply to a given piece of information in one part of this press release should be read as applying mutatis mutandis to every other instance of such information appearing herein. Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results. In this presentation, we may sometimes provide non-GAAP financial information. Please note that although non-GAAP financial measures provide useful insight to analysts, investors and regulators, they should not be considered in isolation or relied upon as a substitute for analysis using GAAP measures. We provide a discussion of non-GAAP measures and reconciliations to the most directly comparable GAAP measures in later slides in this presentation, as well as on pages 26 through 28 of our 1Q26 earnings release. Management does not provide a reconciliation for forward-looking non-GAAP financial measures where it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of the Bancorp's control or cannot be reasonably predicted. For the same reasons, Bancorp's management is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures. Cautionary statement 2

© Fifth Third Bancorp | All Rights Reserved For end note descriptions, see end note summary starting on page 43 Key Messages 3 Credit performance reflects intentional selectivity, including limited exposure to private credit, supported by disciplined underwriting and portfolio management Organic growth remains broad-based and relationship-led, driven by continued momentum in new client and household acquisition Expense discipline remains intact as we continue to make targeted investments to support long-term growth Comerica integration is progressing as planned with execution tracking in line with expectations

© Fifth Third Bancorp | All Rights Reserved • Tangible book value per share2 increased 15%, reflecting strong earnings and acquisition accretion • Net interest margin2 expanded 17 basis points sequentially reflecting contributions from the Comerica acquisition and disciplined balance sheet management • Net charge-offs3 of 37 basis points, lowest level in over two years, with stable commercial and consumer trends • Adjusted return on assets2 increased 9 basis points to 1.12% • Legacy Fifth Third generated consumer household growth of 3%, including 8% growth in the Southeast • CET14 of 10.0% following Comerica close, reflecting expected acquisition impact Reported1 Adjusted1 EPS $0.15 $0.83 ROA 0.25% 1.12% ROE 1.8% 10.1% ROTCE 3.5% 16.0% NIM 3.30% 3.30% Efficiency ratio 84.5% 61.9% PPNR $439MM $1,091MM CET14 10.0% For end note descriptions, see end note summary starting on page 43 1Q26 highlights 4 Comparisons in the bullet points are for 1Q26 versus 1Q25, unless otherwise noted

© Fifth Third Bancorp | All Rights Reserved $1.44 $1.50 $1.53 $1.53 $1.94 3.03% 3.12% 3.13% 3.13% 3.30% NII NIM 1Q25 2Q25 3Q25 4Q25 1Q26 NII $ in millions; NIM change in bps 4Q25 to 1Q26 NII & NIM walk T o ta l n et in te re st in co m e; $ b ill io ns Net interest income1 5 For end note descriptions, see end note summary starting on page 43 NII NIM 4Q25 $1,533 3.13% Securities marks and repositioning 39 7 Cash flow hedge termination 35 6 Loan purchase accounting accretion 12 2 Acquired and core growth 343 0 Day count (2 less days) (23) 2 1Q26 $1,939 3.30%

© Fifth Third Bancorp | All Rights Reserved • Noninterest income excluding certain items1 of $921 million increased $109 million, or 13%, compared to the prior quarter and increased $200 million, or 28%, from the year- ago quarter • Comparisons to the prior and year-ago quarters were primarily driven by merger-related impacts with additional incremental contributions from positive business momentum Noninterest income T o ta l n o ni nt er es t in co m e; $ m ill io ns For end note descriptions, see end note summary starting on page 43 6 $ millions 1Q26 PQ YoY Wealth and asset management revenue $233 26% 35% Commercial payments revenue 218 31% 42% Consumer banking revenue 146 2% 7% Capital markets fees 134 11% 49% Commercial banking revenue 105 3% 31% Mortgage banking net revenue 44 (21)% (23)% Other noninterest income 27 (36)% 93% Securities (losses) gains, net (12) 140% 33% Noninterest income $895 10% 29% Impact of certain items 26 Adjusted noninterest income (excl. securities gains/losses, net)1,2 $921 13% 28% $694 $750 $781 $811 $895 $721 $735 $789 $812 $921 Noninterest income Adjusted noninterest income (excl. securities gains/losses, net)¹² 1Q25 2Q25 3Q25 4Q25 1Q26

© Fifth Third Bancorp | All Rights Reserved $1,304 $1,264 $1,267 $1,309 $2,395 $1,308* $1,233* $1,253* $1,273* $1,769* 60.5% 55.2% 54.1% 54.3% 61.9% Adjusted noninterest expense¹* Noninterest expense Adjusted Efficiency Ratio¹ 1Q25 2Q25 3Q25 4Q25 1Q26 T o ta l n o ni nt er es t ex p en se ; $ m ill io ns Noninterest expense 7 $ in millions 1Q26 4Q25 1Q25 Non-qualified deferred compensation expense/ (benefit), primarily offset in securities gains/losses ($9) ($5) ($4) For end note descriptions, see end note summary starting on page 43 $ millions 1Q26 PQ YoY Compensation and benefits $1,410 106% 88% Technology and communications 204 48% 66% Net occupancy expense 140 57% 61% Card and processing expense 79 193% 276% Equipment expense 55 28% 31% Marketing expense 50 35% 79% Loan and lease expense 42 2% 40% Other noninterest expense 415 65% 86% Total noninterest expense $2,395 83% 84% Impact of certain items (635) Noninterest expense excluding certain item(s)1 $1,760 39 35% Non-qualified deferred compensation (expense)/benefit 9 Adjusted noninterest expense, excluding certain item(s)1 and non-qualified deferred compensation $1,769 39% 35% • Adjusted noninterest expense1 increased 39% compared to the prior quarter and increased 35% from the year-ago quarter • Expenses in the quarter were impacted by ongoing costs associated with the merger and seasonal-related increases in compensation and benefits • Merger-related expenses of $635 million represent approximately half of the expected full-year charges $1,3 4 8*

© Fifth Third Bancorp | All Rights Reserved Solar energy installation Average loans $121.3 $123.1 $123.3 $123.4 $157.6 $74.7 $75.4 $74.9 $74.6 $105.9 $46.6 $47.7 $48.4 $48.8 $51.8 6.06% 6.11% 6.12% 5.96% 5.88% Commercial Consumer Total loan yield 1Q25 2Q25 3Q25 4Q25 1Q26 $122.2 $122.4 $123.1 $122.7 $176.3 $75.1 $74.2 $74.4 $73.6 $122.9 $47.1 $48.2 $48.7 $49.1 $53.4 Commercial Consumer 1Q25 2Q25 3Q25 4Q25 1Q26 Loans Loan portfolio compositionAverage loan & lease balances $ in billions; loan & lease balances excluding HFS Period-end loan & lease balances $ in billions; loan & lease balances excluding HFS 8 Note: totals shown above may not foot due to rounding 46% 19% 2% 12% 11% 4% 3% 3% Commercial and industrial Commercial real estate Commercial leases Residential mortgage Home equity Indirect secured consumer Credit card and other % of Total Loans Commercial: 67% Consumer: 33% $46.5 $4.1 Comerica opening balances1

© Fifth Third Bancorp | All Rights Reserved 4.50% 4.50% 4.25% 3.75% 3.75% 1.84% 1.80% 1.81% 1.71% 1.58% Fed Funds Rate Total Cost of Deposits 1Q25 2Q25 3Q25 4Q25 1Q26 Total cost of deposits Total deposit mixAverage deposit balances $164.2 $163.6 $164.8 $168.4 $209.4 $161.8 $161.4 $162.5 $166.4 $206.5 2.42% 2.39% 2.41% 2.28% 2.15% Core Deposits CDs > $250K Total interest-bearing deposit costs 1Q25 2Q25 3Q25 4Q25 1Q26 $ in billions Demand, 27% Interest checking, 32% Money market and savings, 34% Time deposits, 7% $ in billions $209B Average Deposits $161.8 $161.4 $162.5 $166.4 $206.5 $122.0 $120.5 $121.3 $124.7 $150.8 $39.8 $40.9 $41.2 $41.8 $55.8 24.6% 25.3% 25.4% 25.1% 27.0% Interest-Bearing $ Non Interest-Bearing $ Non Interest-Bearing % 1Q25 2Q25 3Q25 4Q25 1Q26 Core deposit trends (average) $ in billions Deposits Note: Totals shown above may not foot due to rounding 9

© Fifth Third Bancorp | All Rights Reserved Net charge-offs (NCOs) $136 $139 $339 $125 $144 $136 $139 $339 $125 1Q25 2Q25 3Q25 4Q25 1Q26 Credit quality overview 10 1Q25 2Q25 3Q25 4Q25 1Q26 NPL ratio 0.79% 0.70% 0.62% 0.62% 0.54% NPA ratio1 0.81% 0.72% 0.65% 0.65% 0.57% 30-89 days past due as a % of portfolio loans and leases 0.31% 0.23% 0.28% 0.29% 0.39% NCO ratio2 0.46% 0.45% 1.09% 0.40% 0.37% ACL ratio as a % of portfolio loans and leases 2.07% 2.09% 1.96% 1.96% 1.79% Nonperforming loans (NPLs) $966 $853 $768 $767 $960 1Q25 2Q25 3Q25 4Q25 1Q26 Portfolio loans & leases 30-89 days past due $385 $277 $348 $360 $683 1Q25 2Q25 3Q25 4Q25 1Q26 $ in millions For end note descriptions, see end note summary starting on page 43

© Fifth Third Bancorp | All Rights Reserved 1Q17 1Q18 1Q19 1Q20 1Q21 1Q22 1Q23 1Q24 1Q25 1Q26 0.00% 0.50% 1.00% 1.50% Historical net charge-off and NPA ratios Net charge-off ratio Non-performing assets ratio2 1Q17 1Q18 1Q19 1Q20 1Q21 1Q22 1Q23 1Q24 1Q25 1Q26 0.00% 0.50% 1.00% 1.50% Commercial net charge-off ratio 1Q17 1Q18 1Q19 1Q20 1Q21 1Q22 1Q23 1Q24 1Q25 1Q26 0.00% 0.50% 1.00% 1.50% 1Q17 1Q18 1Q19 1Q20 1Q21 1Q22 1Q23 1Q24 1Q25 1Q26 0.00% 0.50% 1.00% 1.50% Consumer net charge-off ratio 1Q26 0.26% 1Q26 0.37% 1Q26 0.57% 1Q26 0.58% 10-year average excluding COVID1 10-year average excluding COVID1 10-year average excluding COVID1 10-year average excluding COVID1 For end note descriptions, see end note summary starting on page 43 11

© Fifth Third Bancorp | All Rights Reserved 10.8% 5 bps (7 bps) (73 bps) (15 bps) 5 bps 10.0% 4Q25 Net income to common RWA Acquisition Impacts Common dividends Other 1Q26 12 Strong liquidity and capital position Liquidity position $ in billions Capital position Common equity tier 1 ratio1 For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Liquidity Sources 12/31/25 3/31/26 Fed reserves $18 $16 Unpledged investment securities $20 $31 Available FHLB borrowing capacity $13 $15 Current Fed discount window availability $61 $76 Total $111 $138 • Maintained full Category 1 LCR compliance during the quarter, ending at 109% • Loan-to-core deposit ratio of 76% • For several years, we have performed: – Daily LCR calculations – Monthly liquidity stress tests, including two FITB-specific scenarios over and above regulatory requirements – Monthly 2052a complex liquidity monitoring reporting Common equity tier 1 ratio1 Common equity tier 1 ratio inclusive of AOCI2 10.4% 10.6% 10.6% 10.8% 10.0% 8.3% 8.6% 8.8% 9.1% 8.8% Reported CET1 Ratio CET1 inclusive of AOCI 1Q25 2Q25 3Q25 4Q25 1Q26

© Fifth Third Bancorp | All Rights Reserved As of April 17, 2026; please see cautionary statements on page 2. Current expectations Full year 2026 13 For end note descriptions, see end note summary starting on page 43 Full year 2026 Avg. loans & leases (Including HFS) mid-$170s billion Net interest income1 (FY25 baseline: $6.0 billion) $8.7 - $8.8 billion assumes 12/31/26 Fed funds rate of 3.75% and includes the impact of purchase accounting accretion Noninterest income1 (FY25 baseline: $3.1 billion; excludes securities g/l) $4.0 - $4.2 billion Noninterest expense1 (FY25 baseline: $5.1 billion; excludes the mark-to-market impact of non-qualified deferred compensation) $7.2 - $7.3 billion Includes the impact of anticipated CDI amortization (~$210MM) and excludes acquisition related charges Net charge-off ratio 30 - 40 bps Effective tax rate 22 - 23%

© Fifth Third Bancorp | All Rights Reserved As of April 17, 2026; please see cautionary statements on page 2. Current expectations 2Q26 14 For end note descriptions, see end note summary starting on page 43 2Q26 Avg. loans & leases (Including HFS) $178 - $179 billion Net interest income1 (1Q26 baseline: $1.94 billion) $2.20 - $2.25 billion assumes 6/30/26 Fed funds rate of 3.75% and includes the impact of purchase accounting accretion Noninterest income1 (1Q26 baseline: $0.92 billion; excludes securities g/l) $1.00 - $1.06 billion Noninterest expense1 (1Q26 baseline: $1.77 billion; excludes the mark-to-market impact of non-qualified deferred compensation) $1.87 - $1.89 billion Includes the impact of anticipated CDI amortization (~$60MM) and excludes acquisition related charges Net charge-off ratio 30 - 35 bps Effective tax rate 22.5%

© Fifth Third Bancorp | All Rights Reserved Consumer and Business Banking Digital Metrics Average Active Digital Users (Millions) 3.14 3.17 3.19 3.19 3.25 1Q25 2Q25 3Q25 4Q25 1Q26 Digital Engagement Digital Originations Average Active Mobile Users (Millions) 2.40 2.43 2.47 2.49 2.53 1Q25 2Q25 3Q25 4Q25 1Q26 Digital Assisted Mortgage Applications 98% 97% 98% 98% 97% 1Q25 2Q25 3Q25 4Q25 1Q26 New Consumer Deposit Accounts 27% 28% 28% 31% 34% 1Q25 2Q25 3Q25 4Q25 1Q26 Consumer Satisfaction #1 for banking mobile app user satisfaction among regional banks 16 For end note descriptions, see end note summary starting on page 43 1 2 Average app store rating of 4.8 stars

© Fifth Third Bancorp | All Rights Reserved 24% 22% 18% 14% 12% 5% 5% Strategic investments resulting in fee diversification and growth • Total pro-forma fee revenue1 accounted for ~33% of total pro-forma revenue for the last twelve months ending 3/31/26 • Focused on diversifying revenue to lessen cyclical impacts, with success in Wealth & Asset Management, Capital Markets and Commercial Payments 17 Fee revenue mix is well-diversified LTM 1Q26 pro-forma noninterest income mix1,2 Wealth & Asset Management Capital Markets Mortgage Banking Other Noninterest Income Consumer Banking Commercial Banking Commercial Payments Fee contribution as a percent of revenue stands out favorably relative to peers LTM 1Q26 pro-forma noninterest income as a percent of pro-forma revenue2, unless otherwise noted LTM 1Q26 pro-forma noninterest income $4.2B 33% 29% LTM 4Q25 Peer Median For end note descriptions, see end note summary starting on page 43

© Fifth Third Bancorp | All Rights Reserved $74.7 $75.4 $74.9 $74.6 $105.9 $75.1 $74.2 $74.4 $73.6 $122.9 Average Period-end 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 4Q25 1Q26 NCO ratio1 0.35% 0.27% 0.26% 30-89 delinquencies 0.21% 0.15% 0.37% 90+ delinquencies 0.01% 0.00% 0.02% Nonperforming loans2 0.83% 0.58% 0.47% Portfolio loans and leases $ in billions Key statistics Total commercial portfolio overview Average QoQ change 3.8% 1.0% (0.7%) (0.4%) 41.9% Period-end QoQ change 2.5% (1.3%) 0.4% (1.2%) 67.0% Commercial portfolio mix 68% 22% 7% 3% C&I Commercial mortgage Commercial construction Commercial leases For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding 18

© Fifth Third Bancorp | All Rights Reserved $53.4 $54.1 $54.2 $53.9 $73.3 $53.7 $53.3 $53.9 $52.7 $83.9 Average Period-end 1Q25 2Q25 3Q25 4Q25 1Q26 19 Key statistics Revolving line utilization trend3 Commercial and industrial overview 35.3% 35.5% 36.1% 35.5% 36.2% 37.0% 36.5% 36.7% 34.9% 40.7% 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Portfolio loans $ in billions Average QoQ change 3.6% 1.3% 0.2% (0.4%) 35.8% Period-end QoQ change 2.7% (0.7%) 1.2% (2.2%) 59.0% For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding 1Q25 4Q25 1Q26 NCO ratio1 0.39% 0.32% 0.38% 30-89 delinquencies 0.23% 0.19% 0.38% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 1.00% 0.75% 0.50% 36.8% ex. Comerica

© Fifth Third Bancorp | All Rights Reserved 20 Note: Totals shown above may not foot due to rounding Non-depository financial institution portfolio 31% 24% 23% 11% 11% NDFI portfolio characteristics 1Q26 $13.1B¹ 7% of loans $ in billions; as of 3/31/26 Consumer Warehouse Consumer Finance Securitization Vehicles Real Estate Institutional CRE, Residential Mortgage Warehouse, Mortgage Servicing Rights Private Capital Warehouse Corporate Debt Facilities, BDC Subscription Lines Capital Call Facilities, SBIC Funds Corporate Credit Facilities Payments, Insurance, Financial Intermediaries Relationship focused main street lender with lower NDFI exposure Private Capital Warehouse characteristics • 2nd lowest exposure to NDFIs among peers2 • 89% of the NDFI portfolio is investment grade or equivalent • 1Q26 criticized rate of 55 bps • Zero losses in last 10 years across Real Estate, Subscription Lines and Private Capital Warehouse3 • Senior-positioned, well-collateralized and deliberately sized within risk appetite • Tight internal concentration limits actively monitored and enforced through independent risk governance • BDC balances limited, totaling $266 million or just 0.15% of total loans

© Fifth Third Bancorp | All Rights Reserved Retail 17% Financial Services 16% Rental and Leasing 13% TMT 9% Manufacturing 9% Wholesale Trade 8% Business Services 8% Other 20% 21 High quality Shared National Credit portfolio SNC portfolio $45.5BN ~26% of total loans Shared National Credit portfolio is well diversified Industry mix Key statistics For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding $ in billions; as of 3/31/26 1Q25 4Q25 1Q26 Loan balance $32.7 $31.9 $45.5 Nonperforming loans2 0.86% 0.64% 0.35% NCO Ratio1 0.27% 0.09% 0.35% • ~60% of SNC balances are at or near investment grade equivalent borrowers; independently underwrite each transaction • Lead left/lead right on ~50% of relationships • Criticized assets are lower than the rest of the commercial portfolio over a multi-year period

© Fifth Third Bancorp | All Rights Reserved 22 Low concentration in leveraged lending Note: Totals shown above may not foot due to rounding Total Loan Portfolio Composition Leveraged 2.1% Wholesale Trade Accommodation & Food Services Manufacturing Arts, Entertainment, and Recreation Information Admin, Support & Other Services Professional, Scientific, and Technical Services Retail Trade Healthcare & Other Social Assistance Management of Companies & Enterprises Other Diversified Leveraged Portfolio Total Loans $177.6 Billion as of 3/31/26 as of 3/31/26 $3.7 Billion • Significant reduction in leveraged lending portfolio as a percent of total loans – Represents ~2% of loans vs ~8% in 2015 • Leveraged criticized asset ratio remains well below the 5-year average

© Fifth Third Bancorp | All Rights Reserved Portfolio loans 45% 18% 17% 12% 3% 2% 2% 55%45% Commercial real estate overview CRE mortgage Balance by occupancy CRE construction Balance by property type Industrial RetailOffice Hospitality Other Home builder Non-Owner occupied Owner occupied Multifamily 30% Industrial 17% Retail 16% Hospitality 9% Office 9% Non-owner occupied property type mix $18.2 $18.2 $17.6 $17.5 $29.2 $18.3 $17.7 $17.3 $17.5 $35.5 $5.8 $5.8 $5.5 $5.4 $7.3 $12.4 $12.4 $12.0 $12.1 $22.0 $6.0 $5.6 $5.3 $5.3 $8.3 $12.4 $12.1 $11.9 $12.2 $27.1 1Q25 2Q25 3Q25 4Q25 1Q26 23 Medical Office 7% For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Period-end QoQ change 2.7% (3.5%) (2.3%) 1.7% 102.2% $ in billions Average QoQ change 3.8% 0.3% (3.6%) (0.5%) 67.3% 1Q25 4Q25 1Q26 NCO ratio1 0.23% 0.14% 0.00% 30-89 delinquencies 0.03% 0.01% 0.36% 90+ delinquencies 0.03% 0.01% 0.06% Nonperforming loans2 0.38% 0.19% 0.44% Key statistics Period-end - Commercial mortgageAverage - Commercial mortgage Period-end - Commercial constructionAverage - Commercial construction Multifamily Other 11%

© Fifth Third Bancorp | All Rights Reserved Period-end QoQ change 1.2% 2.5% 1.0% 0.8% 8.8% $46.6 $47.7 $48.4 $48.8 $51.8 $47.1 $48.2 $48.7 $49.1 $53.4 1Q25 2Q25 3Q25 4Q25 1Q26 15% 16% 66% 1Q25 4Q25 1Q26 NCO ratio1 0.63% 0.59% 0.58% 30-89 delinquencies 0.48% 0.51% 0.44% 90+ delinquencies 0.05% 0.06% 0.04% Nonperforming loans2 0.73% 0.69% 0.72% Weighted average FICO at origination3 767 768 768 Weighted average LTV at origination 79% 80% 78% Total consumer portfolio overview 24 Portfolio FICO score at origination3 $ in billions Portfolio loans 2% For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Average QoQ change 1.5% 2.3% 1.6% 0.9% 6.0% Key statistics 750+720-749<660 660-719 Period-endAverage

© Fifth Third Bancorp | All Rights Reserved Period-end QoQ change 0.2% 0.6% (0.2%) —% 10.5% Average QoQ change 1.3% 0.4% 0.2% —% 6.7% 12% 15% 69% Weighted average FICO at origination3 764 764 763 Weighted average LTV at origination 74% 75% 74% Residential mortgage overview 25 $17.6 $17.6 $17.7 $17.7 $18.8 $17.6 $17.7 $17.6 $17.7 $19.5 1Q25 2Q25 3Q25 4Q25 1Q26 4% For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding $ in billions Portfolio loans 1Q25 4Q25 1Q26 NCO ratio1 0.00% (0.01%) (0.01%) 30-89 delinquencies 0.15% 0.19% 0.16% 90+ delinquencies 0.05% 0.06% 0.04% Nonperforming Loans2 0.82% 0.84% 0.84% Key statistics 750+720-749<660 660-719 Portfolio FICO score at origination3 Period-endAverage

© Fifth Third Bancorp | All Rights Reserved 17% 16% 67% $4.2 $4.4 $4.6 $4.8 $6.1 $4.3 $4.5 $4.7 $4.8 $6.7 1Q25 2Q25 3Q25 4Q25 1Q26 Weighted average FICO at origination3 769 772 773 Weighted average LTV at origination 66% 65% 64% Home equity overview 26 1% For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Period-end QoQ change 1.8% 5.2% 4.3% 3.6% 39.0% Average QoQ change 2.4% 3.8% 4.5% 4.1% 27.2% $ in billions Portfolio loans Period-endAverage 750+720-749<660 660-719 Portfolio FICO score at origination3 1Q25 4Q25 1Q26 NCO ratio1 0.04% 0.06% 0.01% 30-89 delinquencies 0.63% 0.52% 0.49% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 1.62% 1.47% 1.54% Key statistics

© Fifth Third Bancorp | All Rights Reserved 84% 16% 17% 17% 65% Indirect secured consumer overview 27 Portfolio FICO score at origination *Includes primarily RV & Marine $16.5 $17.2 $17.7 $17.9 $18.1 $16.8 $17.6 $17.9 $18.0 $18.3 1Q25 2Q25 3Q25 4Q25 1Q26 1% Weighted average FICO at origination 772 774 774 Weighted average LTV at origination 88% 88% 89% For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Period-end QoQ change 3.0% 4.7% 1.7% 0.4% 1.8% Average QoQ change 2.3% 4.7% 2.8% 0.8% 1.3% $ in billions Portfolio loans Period-endAverage 1Q25 4Q25 1Q26 NCO ratio1 0.53% 0.59% 0.54% 30-89 delinquencies 0.68% 0.72% 0.61% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 0.36% 0.34% 0.32% Key statistics 750+720-749<660 660-719 Portfolio FICO score at origination Auto Specialty Lending*

© Fifth Third Bancorp | All Rights Reserved 27% 19% 49% Credit card overview 28 $1.6 $1.7 $1.7 $1.7 $1.7$1.7 $1.7 $1.7 $1.7 $1.7 1Q25 2Q25 3Q25 4Q25 1Q26 Weighted average FICO at origination3 743 743 743 5% Period-end QoQ change (4.3%) 2.8% (0.9%) 3.3% (5.1%) Average QoQ change (2.5%) 2.0% 1.1% 1.0% (2.1%) $ in billions Portfolio loans For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Period-endAverage 1Q25 4Q25 1Q26 NCO ratio1 4.19% 3.62% 3.51% 30-89 delinquencies 1.02% 1.03% 0.97% 90+ delinquencies 1.02% 0.97% 1.03% Nonperforming loans2 1.87% 1.66% 1.81% Key statistics Portfolio FICO score at origination3 750+720-749<660 660-719

© Fifth Third Bancorp | All Rights Reserved $4.2 $4.3 $4.4 $4.5 $4.5 $4.3 $4.3 $4.4 $4.6 $4.5 1Q25 2Q25 3Q25 4Q25 1Q26 14% 20% 66% Weighted average FICO at origination 772 771 771 Solar energy installation overview 29 For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Period-end QoQ change 1.4% 1.3% 2.7% 2.9% (2.1%) Average QoQ change 2.0% 1.1% 2.0% 3.0% 0.7% $ in billions Portfolio loans 1Q25 4Q25 1Q26 NCO ratio1 1.73% 1.45% 2.03% 30-89 delinquencies 0.52% 0.57% 0.56% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 0.70% 0.48% 0.58% Key statistics Period-endAverage Portfolio FICO score at origination 750+720-749660-719

© Fifth Third Bancorp | All Rights Reserved Allowance for credit losses 30 For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Allowance for loan & lease losses Amount % of portfolio loans & leases 4Q25 1Q25 Commercial and industrial loans $1,155 1.38% (0.17%) (0.19%) Commercial mortgage loans 519 1.91% (0.31)% (0.70%) Commercial construction loans 124 1.49% (0.01%) 0.53% Commercial leases 22 0.62% 0.07% 0.11 Total commercial loans and leases $1,820 1.48% (0.13%) (0.17%) Residential mortgage loans 108 0.55% (0.06) (0.24%) Home equity 94 1.40% (0.40%) (0.80%) Indirect secured consumer loans 315 1.72% 0.03% (0.14%) Credit card 146 8.81% 0.22% (0.65%) Solar energy installation loans 334 7.48% 0.59% (0.10%) Other consumer loans 105 3.85% (0.59%) (0.90%) Total consumer loans 1,102 2.06% (0.11%) (0.37%) Allowance for loan & lease losses 2,922 1.66% (0.18%) (0.29%) Reserve for unfunded commitments1 232 Allowance for credit losses $3,154 1.79% (0.17%) (0.28%) Compared to: Allocation of allowance by product $ in millions 1Q26 Change in rate

© Fifth Third Bancorp | All Rights Reserved NPL1 rollforward 31 For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding 1Q25 2Q25 3Q25 4Q25 1Q26 Balance, beginning of period $456 $623 $508 $435 $427 Transfers to nonaccrual status 273 63 266 138 173 Acquired nonaccrual loans — — — — 170 Transfers to accrual status (3) (1) — (1) (1) Transfers to held for sale (17) (24) (1) (44) (84) Loan paydowns/payoffs (19) (70) (63) (34) (38) Transfer to OREO — — — (1) — Charge-offs (67) (90) (282) (68) (77) Draws/other extensions of credit — 7 7 2 3 Balance, end of period $623 $508 $435 $427 $573 1Q25 2Q25 3Q25 4Q25 1Q26 Balance, beginning of period $367 $343 $345 $333 $340 Transfers to nonaccrual status 109 95 88 104 103 Acquired nonaccrual loans — — — — 51 Transfers to accrual status (48) (26) (19) (20) (21) Transfers to held for sale — — — — — Loan paydowns/payoffs (30) (27) (38) (31) (39) Transfer to OREO (5) (5) (7) (5) (6) Charge-offs (52) (37) (37) (42) (44) Draws/other extensions of credit 2 2 1 1 3 Balance, end of period $343 $345 $333 $340 $387 Commercial $ in millions Consumer $ in millions Total NPL $966 $853 $768 $767 $960 Total new nonaccrual loans - HFI 382 158 354 242 276 Total NPL $ in millions

© Fifth Third Bancorp | All Rights Reserved Balance sheet positioning 32 For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding C&I 20% Fix | 80% Variable Coml. mortgage 25% Fix | 75% Variable Coml. construction 20% Fix | 80% Variable Coml. lease 100% Fix | 0% Variable 37% 53% 10% 68% 22% 7% 3% • 52% allocation to bullet/locked- out cash flow securities • AFS & HTM spot yield: 3.46% • AFS net unrealized pre-tax loss: $3.1BN $28.7BN fixed | $94.2BN variable1,2 Commercial loans1,2 Investment portfolioConsumer loans1 Long-term debt3 $44.0BN fixed | $9.4BN variable1 $12.2BN fixed | $6.5BN variable3 • 1M based: 56%4,7 • 3M based: 7%4,7 • Prime & O/N based: 13%4,7 • Other based: 1%4,6,7 • Weighted avg. life: 1.7 years1 • 1M based: 1%5,7 • Prime: 15%5 • Other based: 1%5,7,8 • Weighted avg. life: 3.6 years1 • SOFR based: 35% • Weighted avg. life: 4.0 years Includes $3.0BN non-agency CMBS (All super-senior, AAA-rated securities; 59% WA LTV, ~33% WA credit enhancement) 35% 35% 13% 14% 3% 69% 11% 2% 18% The information above incorporates the impact of $6.9BN in C&I receive-fixed swaps, $4.0BN in CRE receive- fixed swaps2, and ~$6.1BN fair value hedges associated with long-term debt (receive-fixed swaps) Auto/indirect 100% Fix | 0% Variable Resi mtg. & construction 97% Fix | 3% Variable Home equity 11% Fix | 89% Variable Other 79% Fix | 21% Variable Credit card 38% Fix | 62% Variable Level 1 83% Fix | 17% Variable Level 2A 99% Fix | 1% Variable Non-HQLA/ Other 91% Fix | 9% Variable Senior debt 56% Fix | 44% Variable Sub debt 61% Fix | 39% Variable Auto securiz. proceeds 100% Fix | 0% Variable Other 98% Fix | 2% Variable

© Fifth Third Bancorp | All Rights Reserved Managing rate risk against conservative outcomes 33 For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding Estimated NII sensitivity profile and ALCO policy limits Estimated NII beta sensitivity Rate risk models assume approximately 65-70% effective up betas and 55-60% down betas in our baseline NII sensitivity used in IRR simulations1,2 • Models are calibrated to performance in prior rate cycles • Additionally, rate risk measures assume no deposit re-pricing lags As of March 31, 2026: • 59% of HFI loans were variable rate net of existing hedges (77% of total commercial; 18% of total consumer) • Short-term borrowings represent less than 1% of total funding • Approximately $15.0BN in non-core funding matures beyond one year % Change NII (FTE) ALCO policy limit Change in interest rates (bps) 12 months 13 to 24 months 12 months 13 to 24 months +200 Ramp over 12 months 0.6% 2.8% (9.0%) (15.0%) +100 Ramp over 12 months 0.5% 2.0% NA NA -100 Ramp over 12 months (1.3%) (4.3%) NA NA -200 Ramp over 12 months (3.5%) (11.2%) (9.0%) (15.0%) 5% Higher Beta 5% Lower Beta Change in interest rates (bps) 12 months 13 to 24 months 12 months 13 to 24 months +200 Ramp over 12 months (0.2%) 1.3% 1.5% 4.5% +100 Ramp over 12 months 0.1% 1.2% 0.9% 2.8% -100 Ramp over 12 months (0.9%) (3.6%) (1.7%) (5.0%) -200 Ramp over 12 months (2.8%) (9.9%) (4.2%) (12.6%) Estimated NII sensitivity with demand deposit balance changes % Change in NII (FTE) $1BN balance decline $1BN balance increase Change in interest rates (bps) 12 months 13 to 24 months 12 months 13 to 24 months +200 Ramp over 12 months 0.1% 2.2% 1.1% 3.4% +100 Ramp over 12 months —% 1.5% 0.9% 2.5% -100 Ramp over 12 months (1.6%) (4.6%) (1.0%) (4.0%) -200 Ramp over 12 months (3.7%) (11.3%) (3.2%) (11.0%)

© Fifth Third Bancorp | All Rights Reserved 34 Investment portfolio composition Investment portfolio characteristics Held-to-maturity portfolio • $16.4BN portfolio • Reclassification during 1Q24 aimed to de-risk potential AOCI volatility to capital under proposed capital rules • Securities selected for HTM meet Reg YY eligibility and inclusion requirements Available-for-sale portfolio • $49.2BN portfolio • $3.0BN Non-agency CMBS portfolio – All positions are super-senior AAA rated with WA credit enhancement of 33% – Securities are 20% risk-weighted and are pledgeable to the FHLB – Underlying loans in our structures have a WA LTV of ~59% – Credit risk team analyzes transactions at the underlying property- level, similar to what we do for all our CRE loan commitments HTM 25% AFS 75% AFS and HTM portfolio; amortized cost basis; as of 3/31/26 Amortized cost basis; as of 3/31/26 Securities mix Agency CMBS Agency RMBS Non- agency CMBS Treasuries Other Effective duration HTM 53% 34% — 13% — 4.7 AFS 50% 31% 6% 7% 7% 3.6 Total 50% 32% 5% 9% 5% 3.9 Securities portfolio Securities portfolio $66BN ~25% of interest earning assets ‒ Leverage analytical tools with over 40+ years of historical data to stress the securities at an individual property level on a recurring basis, including significant market distress in real estate valuations Note: Totals shown above may not foot due to rounding

© Fifth Third Bancorp | All Rights Reserved 10-year treasury yield ($5.8) ($3.5) ($3.3) ($3.0) ($2.8) ($2.9) 9/30/23 3/31/25 6/30/25 9/30/25 12/31/25 3/31/26 Projected AOCI accretion ($2.5) ($2.1) ($1.7) ($1.4) ($1.1) ($0.7) 12/31/26E 12/31/27E 12/31/28E 12/31/29E 12/31/30E 12/31/31E Securities portfolio AOCI accretion 35 $ in billions; 3/31/26 AFS and HTM portfolio unrealized loss, after-tax ~75% capital accretion ~13% capital accretion Historical AOCI accretion ~50% capital accretion since 3Q23 AOCI accretion1 assuming implied forward curve2 4.3%4.2% 4.2% 4.2% 4.2% For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding 4.6% ~40% capital accretion

© Fifth Third Bancorp | All Rights Reserved $17.64 $18.69 $22.60 $22.88 $23.30 $23.76 $24.17 3.88% 4.58% 4.20% 4.30% 4.5% 4.7% 4.9% TBV/S AOCI accretion 10-year treasury yield 12/31/2023 12/31/2024 12/31/2025 3/31/2026 12/31/2026 12/31/2027 12/31/2028 Balance sheet positioned to grow tangible book value per share 36 TBV/share1 will improve due to AOCI accretion alone Projected TBV/share growth includes no earnings contribution from 2026-20282 For end note descriptions, see end note summary starting on page 43 Actuals Forecast +6% +21% +1% +2% +2% Projected growth from AOCI burndown alone1 +2%

© Fifth Third Bancorp | All Rights Reserved 3.26% $11 $9 $8 $8 $5 1Q26 1Q31 2Q31 3Q31 4Q31 Cash flow hedges Receive-fixed swaps1 EOP notional value of cash flow hedges ($ in billions) Actual 37 Existing receive-fixed swaps2 Weighted average receive fixed rate 3.29% 3.31% 3.32% 3.44%3 For end note descriptions, see end note summary starting on page 43

© Fifth Third Bancorp | All Rights Reserved $14 $19 $22 $22 $23 $74 $73 $73 $73 $70 $3 $5 $3 $3 ($10) ($34) ($41) ($40) ($42) ($39) $57 $56 $58 $56 $44Origination fees and gains on loan sale Gross servicing fees Net MSR Valuation MSR decay 1Q25 2Q25 3Q25 4Q25 1Q26 Mortgage banking results $ in millions Mortgage banking net revenue Mortgage originations and margins $ in billions Rate lock margin represents gains recorded associated with salable rate locks divided by salable rate locks. Gain-on-sale margin represents gains on all loans originated for sale divided by salable originations. 38 $1.4 $2.0 $1.9 $2.2 $1.9 $0.9 $1.3 $1.4 $1.6 $1.4 $0.5 $0.7 $0.6 $0.6 $0.5Originations HFI Originations HFS 1Q25 2Q25 3Q25 4Q25 1Q26 Note: Totals shown above may not foot due to rounding Rate lock margin 1.46% 1.23% 1.28% 1.16% 1.30% Gain-on-sale margin 1.31% 1.17% 1.33% 1.17% 1.47% Mortgage banking net revenue $57 $56 $58 $56 $44

© Fifth Third Bancorp | All Rights Reserved Preferred dividend schedule 2Q26 3Q26 4Q26 1Q27 Series H ~$11 ~$11 ~$11 ~$10 Series I ~$9 ~$9 ~$9 ~$9 Series J ~$5 ~$5 ~$5 ~$5 Series K ~$3 ~$3 ~$3 ~$3 Series M3 ~$7 ~$7 ~$7 ~$7 Class B Series A ~$3 ~$3 ~$3 ~$3 Total ~$38 ~$38 ~$38 ~$37 Upcoming preferred dividend schedule1 $ in millions 39 Floating2 Floating2 Floating2 For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding

© Fifth Third Bancorp | All Rights Reserved 1Q26 reported EPS of $0.15 included a net negative $0.68 impact from the following notable item(s): • $657 million pre-tax (~$510 million after-tax2,3) charge related to merger-related charges • $83 million pre-tax (~$63 million after-tax2) charge related to the merger-related Day 1 ACL build • $8 million pre-tax (~$6 million after-tax2) benefit related to interchange litigation matters 1Q26 adjustments and notable items Adjusted EPS of $0.831 40 For end note descriptions, see end note summary starting on page 43

© Fifth Third Bancorp | All Rights Reserved Fifth Third Bancorp and Subsidiaries For the three months ended $ and shares in millions (unaudited) March December September June March 2026 2025 2025 2025 2025 Net income (U.S. GAAP) (a) $165 $731 $649 $628 $515 Net income (U.S. GAAP) (annualized) (b) $669 $2,900 $2,575 $2,519 $2,089 Net income available to common shareholders (U.S. GAAP) (c) $128 $699 $608 $591 $478 Add: Intangible amortization, net of tax 34 5 5 5 6 Tangible net income available to common shareholders (d) $162 $704 $613 $596 $484 Tangible net income available to common shareholders (annualized) (e) $657 $2,793 $2,432 $2,391 $1,963 Net income available to common shareholders (annualized) (f) $519 $2,773 $2,412 $2,371 $1,939 Average Bancorp shareholders' equity (U.S. GAAP) (g) $30,108 $21,527 $21,216 $20,670 $20,000 Less: Average preferred stock (h) (2,040) (1,770) (2,112) (2,116) (2,116) Average goodwill (8,686) (4,947) (4,937) (4,918) (4,918) Average intangible assets and other servicing rights (841) (72) (77) (79) (86) Average tangible common equity (i) $18,541 $14,738 $14,090 $13,557 $12,880 Less: Average accumulated other comprehensive income ("AOCI") 3,080 3,137 3,520 3,935 4,362 Average tangible common equity, excluding AOCI (j) $21,621 $17,875 $17,610 $17,492 $17,242 Adjustments (pre-tax items) Merger-related charges 657 13 — — — Merger-related Day 1 ACL build 83 — — — — Securities (gains)/losses 12 5 (10) (16) 9 Severance expense — — — 15 — Litigation settlements — (12) — — — FDIC special assessment — (25) (6) — — Fifth Third Foundation contribution — 50 — — — Interchange litigation matters (8) 11 27 1 18 Non-qualified deferred compensation expense/(benefit) (9) (5) 11 16 (4) Adjustments - after-tax1 (k) $569 $31 $16 $12 $18 Adjustments (tax related items) Benefit related to the resolution of certain tax matters — (7) — — — Adjustments (tax related items) (l) — (7) — — — Adjusted net income [(a) + (k)+ (l)] $734 $755 $665 $640 $533 Adjusted net income (annualized) (m) $2,977 $2,995 $2,638 $2,567 $2,162 Adjusted net income available to common shareholders [(c) + (k) + (l)] $697 $723 $624 $603 $496 Adjusted net income available to common shareholders (annualized) (n) $2,827 $2,868 $2,476 $2,419 $2,012 Adjusted tangible net income available to common shareholders [(d) + (k) + (l)] 731 $728 $629 $608 $502 Adjusted tangible net income available to common shareholders (annualized) (o) $2,965 $2,888 $2,495 $2,439 $2,036 Average assets (p) $265,551 $213,021 $211,770 $210,554 $210,558 Metrics: Return on assets (b) / (p) 0.25% 1.36% 1.21% 1.20% 0.99% Adjusted return on assets (m) / (p) 1.12% 1.41% 1.25% 1.22% 1.03% Return on average common equity (f) / [(g) + (h)] 1.8% 14.0% 12.6% 12.8% 10.8% Adjusted return on average common equity (n) / [(g) + (h)] 10.1% 14.5% 13.0% 13.0% 11.3% Return on average tangible common equity (e) / (i) 3.5% 19.0% 17.3% 17.6% 15.2% Adjusted return on average tangible common equity (o) / (i) 16.0% 19.6% 17.7% 18.0% 15.8% Adjusted return on average tangible common equity, excluding AOCI (o) / (j) 13.7% 16.2% 14.2% 13.9% 11.8% 41 Non-GAAP reconciliation For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding

© Fifth Third Bancorp | All Rights Reserved Non-GAAP reconciliation 42 Fifth Third Bancorp and Subsidiaries For three months ended $ and shares in millions (unaudited) March December September June March 2026 2025 2025 2025 2025 Average interest-earning assets (a) $237,961 $194,144 $193,500 $192,682 $192,808 Net interest income (U.S. GAAP) (b) $1,934 $1,529 $1,520 $1,495 $1,437 Add: Taxable equivalent adjustment 5 4 5 5 5 Net interest income (FTE) (c) $1,939 $1,533 $1,525 $1,500 $1,442 Net interest income (FTE) (annualized) (d) $7,864 $6,082 $6,050 $6,016 $5,848 Noninterest income (U.S. GAAP) (e) $895 $811 $781 $750 $694 Interchange litigation matters (8) 8 18 1 18 Merger-related charges 22 — — — — Litigation settlements — (12) — — — Noninterest income excluding certain item(s) $909 $807 $799 $751 $712 Securities (gains)/losses 12 5 (10) (16) 9 Adjusted noninterest income, excluding certain item(s) and securities (gains)/losses (f) $921 $812 $789 $735 $721 Noninterest expense (U.S. GAAP) (g) $2,395 $1,309 $1,267 $1,264 $1,304 Merger-related charges (635) (13) — — — Interchange litigation matters — (3) (9) — — Severance expense — — — (15) — FDIC Special Assessment — 25 6 — — Fifth Third Foundation contribution — (50) — — — Noninterest expense excluding certain item(s) $1,760 $1,268 $1,264 $1,249 $1,304 Add: Non-qualified deferred compensation (expense)/benefit 9 5 (11) (16) 4 Adjusted noninterest expense, excluding certain item(s) and non-qualified deferred compensation (h) $1,769 $1,273 $1,253 $1,233 $1,308 Metrics: Revenue (FTE) (c) + (e) 2,834 2,344 2,306 2,250 2,136 Adjusted revenue (c) + (f) 2,860 2,345 2,314 2,235 2,163 Pre-provision net revenue [(c) + (e) - (g)] 439 1,035 1,039 986 832 Adjusted pre-provision net revenue [(c) + (f) - (h)] 1,091 1,072 1,061 1,002 855 Net interest margin (FTE) (d) / (a) 3.30% 3.13% 3.13% 3.12% 3.03% Efficiency ratio (FTE) (g) / [(c) + (e)] 84.5% 55.8% 54.9% 56.2% 61.0% Adjusted efficiency ratio (h) / [(c) + (f)] 61.9% 54.3% 54.1% 55.2% 60.5% For end note descriptions, see end note summary starting on page 43; totals shown above may not foot due to rounding

© Fifth Third Bancorp | All Rights Reserved 43 Earnings presentation end notes Slide 4 end notes 1. Reported Tangible Book Value Per Share, ROTCE, NIM, pre-provision net revenue, and efficiency ratio are non-GAAP measures: all adjusted figures are non-GAAP measures; see reconciliation on pages 41 and 42 of this presentation and the use of non-GAAP measures on pages 26-28 of the earnings release. 2. Non-GAAP measure: see reconciliation on pages 41 and 42 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. 3. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 4. Current period regulatory capital ratios are estimated. Slide 5 end notes 1. Results are on a fully-taxable equivalent basis; non-GAAP measure: see reconciliation on pages 41 and 42 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 6 end notes 1. Non-GAAP measure: see reconciliation on pages 41 and 42 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. 2. Includes the effects of non-qualified deferred compensation. Slide 7 end notes 1. Non-GAAP measure: see reconciliation on pages 41 and 42 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 8 end notes 1. Opening balances represent end of period balances acquired from Comerica as of February 1, 2026. Slide 10 end notes 1. Excludes nonaccrual loans HFS. 2. 1Q26 excludes net charge-offs of $21 million which were taken immediately at time of merger Slide 11 end notes 1. Excludes 2020, 2021, and 2022 metrics. 2. Loan balances exclude nonaccrual loans HFS. Slide 12 end notes 1. Current period regulatory capital ratios are estimated. 2. Excludes AOCI on cash flow hedges Slide 13 end notes 1. Non-GAAP measure: see reconciliation on pages 41 and 42 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 14 end notes 1. Non-GAAP measure: see reconciliation on pages 41 and 42 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 16 end notes 1. Digitally active defined as having at least one login to mobile or online banking during the quarter. 2. Mobile active defined as having at least one login to mobile banking during the quarter. Slide 17 end notes 1. Last-twelve-month (LTM) noninterest income and revenue are presented on a pro forma basis, excluding securities gains/losses, for Fifth Third and Comerica as of March 31, 2026. These results are preliminary and may differ from amounts subsequently reported in the Form 10-Q due to the finalization of purchase accounting or other adjustments. 2. Non-GAAP measure: see reconciliation on pages 41 and 42 of this presentation and use of non-GAAP measures on pages 26-28 of the earnings release. Slide 18 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases.

© Fifth Third Bancorp | All Rights Reserved Earnings presentation end notes 44 Slide 19 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. 3. Total commercial portfolio line utilization. Slide 20 end notes 1. Loans to NDFIs are estimated pending the filing of Fifth Third Bank's Call Report and includes the following captions within Call Report schedule RC-C Part I - mortgage credit intermediaries, business credit intermediaries, private equity funds, consumer credit intermediaries and other loans to non-depository financial institutions 2. Peer data as of 12/31/2025 3. Fifth Third standalone Slide 21 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. Slide 23 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. Slide 24 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. 3. FICO distributions at origination exclude certain acquired mortgage & home equity loans, and certain credit loans on book primarily ~15+ years. Slide 25 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. 3. FICO distributions at origination exclude certain acquired mortgage loans. Slide 26 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. 3. FICO distributions at origination exclude certain acquired home equity loans. Slide 27 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. Slide 28 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. 3. FICO distributions at origination exclude certain credit loans on book primarily ~15+ years. Slide 29 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. Slide 30 end notes 1. 1Q26 commercial and consumer portfolio make up ~$194M and ~$38M, respectively, of the total reserve for unfunded commitment.

© Fifth Third Bancorp | All Rights Reserved 45 Earnings presentation end notes Slide 31 end notes 1. Loan balances exclude nonaccrual loans HFS. Slide 32 end notes Note: Data as of 3/31/2026. 1. Excludes HFS Loans & Leases. 2. Fifth Third had $10.9BN of commercial variable loans classified as fixed given the impacts of $6.9BN in C&I receive-fix swaps and $4.0BN in CRE receive-fix swaps 3. Fifth Third had $6.1BN SOFR receive-fix swaps outstanding against long-term debt, which are being included in floating long-term debt. 4. As a percent of total commercial. 5. As a percent of total consumer. 6. Includes 12M term, 6M term, and Fed Funds based loans. 7. Term points include SOFR, AMERIBOR, Treasuries & FX curves. 8. Includes overnight term, 3M term, 6M term, 12M term and Fed Funds. Slide 33 end notes Note: Data as of 3/31/26; actual results may vary from these simulated results due to differences between forecasted and actual balance sheet composition, timing, magnitude, and frequency of interest rate changes, as well as other changes in market conditions and management strategies. 1. Re-pricing percentage or “beta” is the estimated change in yield after the 12-month ramp scenarios are fully realized and therefore reflects year-2. 2. Betas are asymmetrical as down betas assume a floor of 0%, along with rate floors, and up betas assumes a cap of 100% Slide 35 end notes 1. See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 26-28 of the earnings release. 2. Analysis based on 3/31/2026 portfolio utilizing the implied forward curve as of 3/31/2026 Slide 36 end notes 1. See forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 26-28 of the earnings release. 2. Analysis based on 3/31/2026 portfolio utilizing the implied forward curve as of 3/31/2026 Slide 37 end notes 1. Represents forward looking statement, please refer to page 2 of this presentation regarding forward-looking non-GAAP measures 2. Existing swaps transition from receive fixed / pay 1-month LIBOR to receive fixed / pay compound SOFR + 11.448 bps on their next post-LIBOR cessation resets 3. Reflects the weighted average receive fixed rate (swaps only) as of 3/31/26 Slide 39 end notes 1. Represents forward looking statement, please refer to page 2 of this presentation regarding forward-looking non-GAAP measures. 2. Projected dividends for the Series J, Series H, and Series I reflect 3m Term SOFR plus the applicable spread. For the periods referencing 3m Term SOFR, the projections include the 26.161bps spread adjustment pursuant to the final rule adopted by the Federal Reserve. 3. Series M Preferred Stock was issued in exchange for Comerica Incorporated's 6.875 Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B as part of the closing of Comerica's merger with and into Fifth Third on February 1, 2026.. The initial dividend period was January 1, 2026 - April 1, 2026. The initial dividend payment date was April 1, 2026. Future dividend payment dates will be the 1st of January, April, July, and October. Slide 40 end notes 1. Average diluted common shares outstanding (thousands); 830,274; all adjusted figures are non-GAAP measures; see reconciliation on pages 41 and 42 of this presentation and the use of non-GAAP measures on pages 26-28 of the earnings release. 2. Assumes a 24% tax rate. 3. A portion of the adjustments related to merger-related charges are not tax-deductible Slide 41 end notes Note: See pages 26-28 of the earnings release for a discussion on the use of non-GAAP financial measures. 1. Assumes a 24% tax rate. Slide 42 end notes Note: See pages 26-28 of the earnings release for a discussion on the use of non-GAAP financial measures.

Source: View Original Filing on SEC EDGAR

FAQ

How did Fifth Third Bancorp (FITB) perform in Q1 2026?

Fifth Third Bancorp reported Q1 2026 net income available to common shareholders of $128 million, or $0.15 per diluted share. Results included a $0.68 per-share net negative impact from merger-related and other items totaling $567 million after tax.

What was the impact of the Comerica acquisition on Fifth Third’s Q1 2026 results?

Fifth Third completed its all-stock acquisition of Comerica Incorporated, valued at about $12.7 billion, on February 1, 2026. The quarter includes two months of Comerica activity, driving large increases in loans, deposits, net interest income and expenses, as well as a sizable Day 1 credit allowance build.

How did Fifth Third’s loans and deposits change in Q1 2026?

Average portfolio loans and leases rose to $158.3 billion, up about 30% year-over-year, while average deposits increased to $209.4 billion, up 28%. These gains were primarily driven by the Comerica acquisition and additional loan and deposit growth across commercial and consumer portfolios.

What were Fifth Third Bancorp’s key profitability metrics in Q1 2026?

Fully taxable-equivalent net interest income reached $1.939 billion, up 26% sequentially. Net interest margin improved to 3.30%, from 3.13% in Q4 2025 and 3.03% a year earlier. However, heavy merger-related expenses lifted the efficiency ratio to 84.5% on a fully taxable-equivalent basis.

How strong was Fifth Third’s credit quality in the first quarter of 2026?

Credit metrics remained solid. Net charge-offs totaled $144 million with a net charge-off ratio of 0.37%, down from 0.46% a year earlier. Nonperforming portfolio assets were $999 million, yielding a nonperforming asset ratio of 0.57%, improved from 0.81% in Q1 2025.

What capital ratios did Fifth Third Bancorp report for Q1 2026?

Fifth Third reported an estimated CET1 capital ratio of 9.96%, down from 10.81% in the prior quarter. Tier 1 risk-based capital was 10.86% and total risk-based capital 12.56%. The leverage ratio stood at 10.20%, reflecting post-merger balance sheet expansion.

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Comerica deal reshapes Fifth Third (NASDAQ: FITB) Q1 2026 growth

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FAQ

How did Fifth Third Bancorp (FITB) perform in Q1 2026?

What was the impact of the Comerica acquisition on Fifth Third’s Q1 2026 results?

How did Fifth Third’s loans and deposits change in Q1 2026?

What were Fifth Third Bancorp’s key profitability metrics in Q1 2026?

How strong was Fifth Third’s credit quality in the first quarter of 2026?

What capital ratios did Fifth Third Bancorp report for Q1 2026?

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Comerica deal reshapes Fifth Third (NASDAQ: FITB) Q1 2026 growth

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8-K Event Classification

Key Figures

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Earnings Snapshot

FAQ

How did Fifth Third Bancorp (FITB) perform in Q1 2026?

What was the impact of the Comerica acquisition on Fifth Third’s Q1 2026 results?

How did Fifth Third’s loans and deposits change in Q1 2026?

What were Fifth Third Bancorp’s key profitability metrics in Q1 2026?

How strong was Fifth Third’s credit quality in the first quarter of 2026?

What capital ratios did Fifth Third Bancorp report for Q1 2026?

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Press Releases

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