Fifth Third Bancorp (FITB) Q4 2025 earnings summary

Executive summary

• Reported Q4 2025 EPS of $1.04, or $1.08 adjusted, with net income available to common shareholders of $699 million, up 20% year-over-year.

• Achieved record net interest income of $1.53B, up 6% year-over-year, and record full-year NII of $6B.

• Adjusted ROA reached 1.41% and adjusted ROE 14.5%, both improved year-over-year.

• Highest quarterly commercial loan production in over three years, with strong growth in middle market and business banking.

• All regulatory and shareholder approvals received for Comerica merger, expected to close February 1, 2026.

Financial highlights

• Adjusted Q4 revenues up 5% year-over-year, driven by 6% net interest income growth and strong fee income.

• Tangible book value per share increased 21% year-over-year to $22.60.

• Net charge-off ratio at 0.40%, lowest in seven quarters, and nonperforming asset ratio at 0.65%.

• CET1 ratio increased to 10.8%, with strong capital and liquidity positions maintained.

• Returned $1.6B of capital to shareholders in 2025.

Outlook and guidance

• FY26 guidance: average total loans in the mid-$170B range, NII of $8.6–$8.8B, noninterest income $4–$4.4B, noninterest expense $7–$7.3B, net charge-offs 30–40 bps.

• Targeting 9% EPS accretion from Comerica deal by Q4 2026, with best-in-class profitability and efficiency by 2027.

• Guidance assumes realization of 37.5% of $850M annualized run rate expense synergies in 2026.

• Management expects sustained profitability and positive operating leverage as Comerica integration proceeds.