Fifth Third Q2 2026: revenue up 46%, adjusted EPS $1.02 tops estimate
Fifth Third's second quarter was a beat on the numbers management controls and a miss on the headline: reported EPS of $0.83 fell short of the $0.966 consensus, while adjusted EPS of $1.02 cleared it. Revenue of $3.274 billion was up 46% year over year, but the jump is mostly Comerica arriving for a full quarter. Read the GAAP-to-adjusted gap and the capital ratios before you judge the growth.
1 · Expected vs. Actual
Free preview belowReported EPS of $0.83 missed the $0.966 consensus and was down 6% from $0.88 a year ago. Adjusted EPS of $1.02 strips out $0.19 of items, mostly $155 million of after-tax merger-related charges, and that clears the consensus. The whole story sits in that gap: how much of the $175 million after-tax hit you treat as genuinely one-time decides whether this was a good quarter.
Revenue of $3.274 billion rose 46% from $2.250 billion a year ago and 16% from the prior quarter. Most of that is Comerica showing up for a full quarter rather than fresh organic volume, since average portfolio loans and leases jumped 44% year over year to $177.572 billion. Fee income did carry its weight, with noninterest income of $1.059 billion up 41% year over year, led by wealth and asset management at $256 million and commercial payments at $254 million.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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