Net Income Increased 27.5% Year-Over-Year
Net income reached $801 million in Q2 FY2026, up from $628 million in the prior-year quarter, driven by higher revenue.
Source: 10-Q Income Statement (XBRL)
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Fifth Third Bancorp’s fiscal second quarter of 2026 was defined by a sharp divergence between net income growth and per-share results, as net income rose 27.5% to $801 million but per-share earnings declined due to a higher share count. Total assets surged 42.9% year-over-year to $300.2 billion, while stockholders’ equity expanded significantly, reflecting capital raises that contributed to dilution. The quarter’s tension lay in the juxtaposition of rapid balance sheet growth with declining per-share profitability and a 33.4% decline in year-to-date operating cash flow, even as dividend payouts increased.
EPS (Diluted)
$0.83
-5.68% YoY
Source: SEC XBRL
FITB's fiscal Q2 FY2026 corresponds to calendar Q2 2026.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026This filing | 0.85 | 0.97 | Miss -12.0% |
| Mar 2026 | 0.84 | 0.62 | Beat +35.1% |
| Dec 2025 | 1.10 | 1.01 | Beat +8.4% |
| Sep 2025 | 0.91 | 0.89 | Beat +2.6% |
Adjusted (non-GAAP) EPS of $0.85 versus the $0.97 analyst consensus — a -12.0% miss for Jun 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $0.83.
Compiled by AI from this SEC filing
Net income reached $801 million in Q2 FY2026, up from $628 million in the prior-year quarter, driven by higher revenue.
Source: 10-Q Income Statement (XBRL)
Diluted EPS fell 5.7% to $0.83, as a significant increase in weighted-average diluted shares outstanding offset the net income gain.
Source: 10-Q Income Statement (XBRL)
Total assets expanded by $90.2 billion, or 42.9%, to $300.2 billion, reflecting rapid loan growth or acquisitions.
Source: 10-Q Balance Sheet (XBRL)
Stockholders’ equity rose to $34.5 billion, a 63.2% increase, likely from capital issuances, resulting in a debt-to-equity ratio of 7.7.
Source: 10-Q Balance Sheet (XBRL)
Year-to-date operating cash flow fell 33.4% to $1.69 billion, while dividends paid rose 22.2% to $710 million and share buybacks were suspended.
Source: 10-Q Cash Flow Statement (XBRL)
Compiled by AI from this SEC filing · 1 high, 3 medium, 1 low
With a debt-to-equity ratio of 7.7 and total liabilities of $265.7 billion, the bank's earnings are highly sensitive to interest rate changes, which could compress net interest margins and increase funding costs.
Source: 10-Q Balance Sheet (XBRL)
Total assets surged 42.9% to $300.2 billion, potentially indicating aggressive lending or acquisition integration risks; a dip in credit quality could raise provisions for credit losses.
Source: 10-Q Balance Sheet (XBRL)
A 33% increase in average shares outstanding caused basic EPS to decline 4.5% despite higher net income, pointing to equity issuance that dilutes existing shareholders.
Source: 10-Q Income Statement (XBRL)
Year-to-date operating cash flow dropped 33.4% to $1.69 billion, possibly due to working capital changes or tax payments; this could constrain internal capital generation.
Source: 10-Q Cash Flow Statement (XBRL)
As a $300+ billion asset institution, Fifth Third faces stringent regulatory oversight; any compliance failure could lead to penalties or restrictions on dividends and buybacks.
Source: 10-Q Balance Sheet (XBRL)
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Net Income $M | 801.00 $M | 628.00 $M | +27.55% |
EPS (Basic) $ | 0.84 $ | 0.88 $ | -4.55% |
EPS (Diluted) $ | 0.83 $ | 0.88 $ | -5.68% |
Answers draw on this SEC filing and the data on this page
Expected release date, analyst estimates & what to watch
Fifth Third Bancorp (FITB) reported a sharp 68% year-over-year decline in net income to $165M in Q1 FY2026, driven by significantly lower earnings per share and negative operating cash flow, even as total assets surged 39.7% to $297B following what appears to be a major balance sheet expansion.
Fifth Third Bancorp (FITB) delivered a strong FY2025 with net income rising 9.0% to $2.52B, EPS growing 12.4%-12.7%, and operating cash flow surging 59.8% to $4.51B, while stockholders' equity expanded 10.6% to $21.7B.
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