FITB: net income $801.0M. FITB completes Comerica merger, assets jump 27.5%; NIM expands 24bp to 3.36%

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 5, 2025 · ~2 min read

Key Changes

• high

  Closed all-stock merger with Comerica on Feb 1, 2026, adding $73B interest-earning assets, 411 banking centers, and expanding footprint from 11 to 15 states. Issued $2B senior notes in January to support financing.

  MD&A: Comerica acquisition verify on EDGAR →
• high

  Net interest margin expanded 24bp to 3.36% in Q2 2026 from 3.12% prior year, driven by Comerica acquisition (including $64M purchase accounting accretion), deposit mix shift, and lower funding costs.

  MD&A: Net interest margin verify on EDGAR →
• high

  Diluted EPS fell 6% to $0.83 despite net income rising to $801M from $628M, as Comerica merger diluted share count (1.8663 Fifth Third shares per Comerica share). H1 2026 EPS down 35% to $1.02.

  MD&A: Earnings per share verify on EDGAR →