The bank's operational performance is currently strained, evidenced by a 61.9% efficiency ratio in 2026Q1 that significantly exceeds the sub-40% levels maintained throughout 2025.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Net Interest Income | 6.48B | 5.98B | 5.63B | 5.83B | 5.61B | 4.77B | 4.78B | 4.8B | 4.14B | 3.8B | 3.62B | 3.53B | 3.58B | 3.56B | 3.6B | 3.56B | 3.6B | 3.35B | 3.51B | 3.01B | 2.87B | 2.96B | 3.01B | 2.9B | 2.7B | 2.43B | 2.25B | 1.41B | 1.27B | 912.3M | 841M |
| NII Growth % | 55.67% | 6.23% | -3.38% | 3.89% | 17.59% | -0.25% | -0.31% | 15.87% | 9% | 5.06% | 2.32% | -1.29% | 0.51% | -0.95% | 1.07% | -1.3% | 7.45% | -4.55% | 16.78% | 4.73% | -3.1% | -1.56% | 3.68% | 7.59% | 10.97% | 7.89% | 60.5% | 10.72% | 39.1% | 8.48% | 49.27% |
| Net Interest Margin % | 2.18% | 2.79% | 2.64% | 2.72% | 2.7% | 2.26% | 2.34% | 2.83% | 2.83% | 2.67% | 2.54% | 2.5% | 2.58% | 2.73% | 2.95% | 3.04% | 3.25% | 2.96% | 2.93% | 2.71% | 2.85% | 2.82% | 3.19% | 3.19% | 3.34% | 3.43% | 4.92% | 3.38% | 3.42% | 3.29% | 4.09% |
| Interest Income | 10.44B | 9.9B | 10.43B | 9.76B | 6.59B | 5.21B | 5.57B | 6.25B | 5.18B | 4.49B | 4.19B | 4.03B | 4.03B | 3.97B | 4.11B | 4.22B | 4.49B | 4.67B | 5.61B | 6.03B | 5.96B | 5B | 4.11B | 3.99B | 4.13B | 4.71B | 4.95B | 2.74B | 2.58B | 1.92B | 1.77B |
| Interest Expense | 3.96B | 3.92B | 4.8B | 3.93B | 978M | 441M | 790M | 1.46B | 1.04B | 691M | 578M | 495M | 451M | 412M | 512M | 661M | 885M | 1.31B | 2.09B | 3.02B | 3.08B | 2.03B | 1.1B | 1.09B | 1.43B | 2.28B | 2.69B | 1.33B | 1.32B | 1.01B | 931.4M |
| Loan Loss Provision | 597M | 544M | 530M | 515M | 563M | -377M | 1.1B | 471M | 207M | 261M | 343M | 396M | 315M | 229M | 303M | 423M | 1.54B | 3.54B | 4.56B | 628M | 343M | 330M | 268M | 399M | 246M | 236M | 138M | 134M | 123M | 90.1M | 68.4M |
| Non-Interest Income | 3.21B | 2.96B | 2.62B | 2.6B | 2.49B | 2.74B | 2.46B | 2.37B | 1.96B | 1.85B | 2.04B | 2.36B | 2.04B | 2.53B | 2.36B | 2.08B | 2.38B | 2.34B | 2.13B | 2.1B | 1.74B | 2.23B | 2.16B | 2.48B | 2.19B | 1.8B | 1.48B | 877M | 754M | 501.8M | 418.9M |
| Non-Interest Income % | 23.54% | 23.03% | 20.1% | 21% | 27.46% | 34.43% | 30.64% | 27.46% | 27.42% | 29.2% | 32.77% | 36.93% | 33.56% | 38.89% | 36.51% | 33.06% | 34.69% | 33.37% | 27.57% | 25.88% | 22.56% | 30.86% | 34.42% | 38.35% | 34.7% | 27.62% | 23.05% | 24.26% | 22.58% | 20.73% | 19.12% |
| Total Revenue | 13.66B | 12.87B | 13.05B | 12.36B | 9.08B | 7.95B | 8.03B | 8.62B | 7.14B | 6.34B | 6.24B | 6.39B | 6.07B | 6.5B | 6.47B | 6.3B | 6.87B | 7.01B | 7.74B | 8.13B | 7.69B | 7.22B | 6.27B | 6.47B | 6.32B | 6.51B | 6.43B | 3.62B | 3.34B | 2.42B | 2.19B |
| Revenue Growth % | 25.37% | -1.4% | 5.62% | 36.07% | 14.26% | -1.07% | -6.82% | 20.73% | 12.63% | 1.65% | -2.35% | 5.29% | -6.69% | 0.49% | 2.67% | -8.32% | -1.9% | -9.52% | -4.77% | 5.73% | 6.45% | 15.16% | -3.1% | 2.39% | -2.81% | 1.2% | 77.84% | 8.27% | 37.92% | 10.48% | 48.17% |
| Non-Interest Expense | 6.33B | 5.19B | 4.81B | 4.92B | 4.45B | 4.37B | 4.35B | 3.49B | 3.13B | 2.41B | 3.11B | 3.13B | 3.27B | 3.26B | 3.44B | 3.39B | 3.51B | 1.38B | 3.75B | 2.95B | 2.64B | 2.66B | 2.67B | 2.46B | 2.25B | 2.34B | 1.92B | 1.12B | 1.07B | 630.5M | 621.6M |
| Efficiency Ratio | 46.36% | 40.34% | 36.84% | 39.81% | 48.96% | 54.94% | 54.14% | 40.49% | 43.78% | 38% | 49.83% | 49.02% | 53.94% | 50.18% | 53.24% | 53.74% | 51.07% | 19.73% | 48.47% | 36.26% | 34.3% | 36.77% | 42.5% | 38.03% | 35.65% | 36.01% | 29.85% | 31.04% | 31.93% | 26.04% | 28.37% |
| Operating Income | 2.76B | 3.21B | 2.92B | 2.99B | 3.09B | 3.52B | 1.8B | 3.2B | 2.77B | 2.98B | 2.21B | 2.37B | 2.03B | 2.6B | 2.21B | 1.83B | 940M | 767M | -2.66B | 1.54B | 1.63B | 2.21B | 2.24B | 2.53B | 2.39B | 1.65B | 1.68B | 1.03B | 834M | 693.5M | 569.9M |
| Operating Margin % | 20.24% | 24.95% | 22.35% | 24.18% | 34.06% | 44.26% | 22.37% | 37.14% | 38.72% | 46.99% | 35.4% | 37.03% | 33.43% | 39.96% | 34.16% | 29.06% | 13.68% | 10.95% | -34.41% | 18.9% | 21.16% | 30.56% | 35.66% | 39.03% | 37.86% | 25.38% | 26.13% | 28.38% | 24.98% | 28.65% | 26.01% |
| Operating Income Growth % | - | 10.08% | -2.41% | -3.39% | -12.06% | 95.72% | -43.88% | 15.8% | -7.18% | 34.92% | -6.64% | 16.62% | -21.94% | 17.56% | 20.7% | 94.79% | 22.56% | 128.79% | -273.32% | -5.53% | -26.31% | -1.3% | -11.48% | 5.56% | 45% | -1.73% | 63.74% | 23.02% | 20.26% | 21.69% | 32.35% |
| Pretax Income | 2.76B | 3.21B | 2.92B | 2.99B | 3.09B | 3.52B | 1.8B | 3.2B | 2.77B | 2.98B | 2.21B | 2.37B | 2.03B | 2.6B | 2.21B | 1.83B | 940M | 767M | -2.66B | 1.54B | 1.63B | 2.21B | 2.24B | 2.53B | 2.39B | 1.65B | 1.68B | 1.03B | 834M | 693.5M | 569.9M |
| Pretax Margin % | 20.24% | 24.95% | 22.35% | 24.18% | 34.06% | 44.26% | 22.37% | 37.14% | 38.72% | 46.99% | 35.4% | 37.03% | 33.43% | 39.96% | 34.16% | 29.06% | 13.68% | 10.95% | -34.41% | 18.9% | 21.16% | 30.56% | 35.66% | 39.03% | 37.86% | 25.38% | 26.13% | 28.38% | 24.98% | 28.65% | 26.01% |
| Income Tax | 591M | 687M | 602M | 639M | 647M | 747M | 370M | 690M | 572M | 799M | 665M | 659M | 545M | 772M | 636M | 533M | 187M | 30M | -551M | 461M | 443M | 659M | 712M | 805M | 759M | 550M | 539M | 358M | 287M | 232.6M | 187.6M |
| Effective Tax Rate % | 21.38% | 21.4% | 20.64% | 21.39% | 20.92% | 21.24% | 20.59% | 21.55% | 20.69% | 26.82% | 30.12% | 27.86% | 26.87% | 29.72% | 28.78% | 29.11% | 19.89% | 3.91% | 20.68% | 29.99% | 27.23% | 29.85% | 31.83% | 31.86% | 31.7% | 33.31% | 32.08% | 34.89% | 34.41% | 33.54% | 32.92% |
| Net Income | 2.17B | 2.52B | 2.31B | 2.35B | 2.45B | 2.77B | 1.43B | 2.51B | 2.19B | 2.18B | 1.55B | 1.71B | 1.48B | 1.84B | 1.58B | 1.3B | 753M | 737M | -2.11B | 1.08B | 1.18B | 1.55B | 1.52B | 1.75B | 1.64B | 1.09B | 1.14B | 668M | 547M | 460.9M | 382.3M |
| Net Margin % | 15.91% | 19.61% | 17.73% | 19.01% | 26.94% | 34.86% | 17.76% | 29.14% | 30.71% | 34.38% | 24.8% | 26.8% | 24.41% | 28.24% | 24.36% | 20.58% | 10.96% | 10.52% | -27.29% | 13.23% | 15.4% | 21.44% | 24.31% | 27.11% | 25.86% | 16.82% | 17.75% | 18.48% | 16.38% | 19.04% | 17.45% |
| Net Income Growth % | -5.89% | 9.03% | -1.49% | -3.97% | -11.7% | 94.11% | -43.19% | 14.55% | 0.6% | 40.92% | -9.64% | 15.6% | -19.34% | 16.5% | 21.51% | 72.24% | 2.17% | 134.88% | -296.38% | -9.12% | -23.56% | 1.57% | -13.11% | 7.34% | 49.45% | -4.12% | 70.81% | 22.12% | 18.68% | 20.56% | 32.88% |
| Net Income (Continuing) | 2.17B | 2.52B | 2.31B | 2.35B | 2.45B | 2.77B | 1.43B | 2.51B | 2.19B | 2.18B | 1.54B | 1.71B | 1.48B | 1.83B | 1.57B | 1.3B | 753M | 737M | -2.11B | 1.08B | 1.18B | 1.55B | 1.52B | 1.72B | 1.64B | 1.1B | 1.14B | 668M | 547M | 460.9M | 382.3M |
| EPS (Diluted) | 2.62 | 3.54 | 3.14 | 3.22 | 3.35 | 3.73 | 1.83 | 3.33 | 3.06 | 2.83 | 1.93 | 2.01 | 1.66 | 2.02 | 1.66 | 1.18 | 0.62 | 0.67 | -3.91 | 1.99 | 2.13 | 2.77 | 2.68 | 3.03 | 2.59 | 1.70 | 1.83 | 0.95 | 1.19 | 0.77 | 0.63 |
| EPS Growth % | -5.4% | 12.74% | -2.48% | -3.88% | -10.19% | 103.83% | -45.05% | 8.82% | 8.13% | 46.63% | -3.98% | 21.08% | -17.82% | 21.69% | 40.68% | 90.32% | -7.46% | 117.14% | -296.48% | -6.57% | -23.1% | 3.36% | -11.55% | 16.99% | 52.35% | -7.1% | 92.63% | -20.17% | 54.55% | 22.22% | -25% |
| EPS (Basic) | - | 3.55 | 3.16 | 3.23 | 3.38 | 3.78 | 1.84 | 3.38 | 3.11 | 2.88 | 1.95 | 2.03 | 1.68 | 2.05 | 1.69 | 1.20 | 0.64 | 0.73 | -3.91 | 2.00 | 2.14 | 2.79 | 2.72 | 3.07 | 2.64 | 1.74 | 1.86 | 0.97 | 1.20 | 0.78 | 0.64 |
| Diluted Shares Outstanding | 830.27M | 669.15M | 687.3M | 687.68M | 694.95M | 711.2M | 719.74M | 720.07M | 685.49M | 740.69M | 764.43M | 807.66M | 842.97M | 894.74M | 945.55M | 949.53M | 806.61M | 726.51M | 553M | 540M | 557.28M | 558.48M | 568.66M | 578.88M | 630.89M | 642.94M | 471.58M | 703.31M | 460.95M | 349.25M | 357.39M |
Credit provision volatility
According to recent financial disclosures, Fifth Third reported a significant 34.6% NII growth in 2026Q1, yet this surge appears largely decoupled from historical trends, warranting caution as the bank navigates a shifting deposit mix that may continue to pressure the net interest income trajectory moving forward.
The sharp uptick in NII during the most recent quarter suggests a potential anomaly or a significant shift in asset repricing that requires further investigation. Investors should monitor whether this growth is sustainable or if it reflects temporary balance sheet adjustments that mask underlying funding cost headwinds.
As reported in quarterly filings, the efficiency ratio spiked to 61.9% in 2026Q1, representing a marked departure from the sub-40% levels maintained throughout 2025, which suggests that operating leverage is currently under significant pressure as non-interest expenses outpace the bank's ability to generate incremental revenue growth.
This sudden expansion in the efficiency ratio implies that the bank's cost structure may be becoming less responsive to revenue fluctuations. Such a trend often indicates that fixed costs associated with the branch network and digital investments are failing to scale effectively against current income levels.
Based on the bank's reported figures, the provision for credit losses reached $227 million in 2026Q1, a substantial increase from the zero-provision quarter in 2025Q4, which suggests that management is proactively addressing potential credit deterioration within the loan portfolio, particularly regarding specialized consumer and commercial real estate exposures.
The volatility in provision expense highlights the sensitivity of the bank's earnings to CECL-driven reserve requirements. This shift may indicate that the bank is bracing for a more challenging credit environment, potentially impacting future net income stability if loss rates exceed current internal forecasts.
As evidenced by the 78.9% decline in EPS during 2026Q1, the bank's earnings quality appears increasingly fragile, suggesting that the reliance on non-interest income and the volatility of credit provisions may be obscuring the core operational performance of the underlying commercial and retail banking franchises.
The disconnect between revenue growth and bottom-line profitability warrants deep skepticism regarding the bank's current earnings power. Investors should investigate whether the recent EPS contraction is a structural issue or a temporary byproduct of aggressive reserve building and rising operational overhead.
Quick answers to the most common questions about buying FITB stock.
Fifth Third Bancorp (FITB) is profitable, generating $2.52B in net income for the fiscal year ending 2025 with a net profit margin of 19.6%.
Fifth Third Bancorp (FITB) reported an operating income of $3.21B, resulting in an operating profit margin of 24.9%. This margin reflects the operational efficiency of the business before interest and taxes.
Fifth Third Bancorp (FITB) generated $8.40B in gross profit for the year, representing a gross profit margin of 65.3%. This demonstrates the company's core pricing power and production efficiency.