Net interest income expanded sharply to $2.3B in 2026Q3 from about $1.4B in 2024, yet the net interest margin remained near 0.8 percent and the efficiency ratio's volatility, ranging from 55 to 84.7 percent, suggests margin and cost discipline are inconsistent.
Fifth Third Bancorp (FITB) annual income statement — 30-year revenue, gross profit & net income history
| 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 | 7.95B | 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 % | 138.48% | 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 % | 2.64% | 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 | 12.31B | 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 | 4.36B | 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 | 478M | 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 | 3.77B | 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 % | 32.19% | 33.13% | 31.78% | 30.81% | 30.77% | 36.45% | 33.98% | 33.04% | 32.11% | 32.77% | 36.12% | 40.04% | 36.26% | 41.52% | 39.65% | 36.93% | 39.81% | 41.08% | 37.79% | 41.15% | 37.65% | 42.91% | 41.75% | 46.08% | 44.83% | 42.48% | 39.66% | 38.43% | 37.27% | 35.49% | 33.25% |
| Total Net Revenue | 11.72B | 8.94B | 8.25B | 8.42B | 8.1B | 7.51B | 7.24B | 7.16B | 6.1B | 5.65B | 5.66B | 5.89B | 5.62B | 6.09B | 5.96B | 5.64B | 5.99B | 5.69B | 5.65B | 5.11B | 4.61B | 5.19B | 5.17B | 5.39B | 4.89B | 4.23B | 3.74B | 2.28B | 2.02B | 1.41B | 1.26B |
| Revenue Growth % | 34.01% | 8.37% | -2.01% | 3.95% | 7.94% | 3.63% | 1.1% | 17.48% | 7.95% | -0.18% | -3.95% | 4.93% | -7.78% | 2.22% | 5.62% | -5.81% | 5.2% | 0.76% | 10.48% | 10.96% | -11.28% | 0.44% | -4.03% | 10.09% | 15.7% | 13.19% | 63.76% | 12.8% | 43.06% | 12.24% | 44.97% |
| Non-Interest Expense | 7.98B | 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 | 68.09% | 58.03% | 58.25% | 58.41% | 54.88% | 58.17% | 60.04% | 48.73% | 51.26% | 42.64% | 54.92% | 53.14% | 58.27% | 53.57% | 57.81% | 60.04% | 58.62% | 24.28% | 66.44% | 57.66% | 57.25% | 51.14% | 51.56% | 45.69% | 46.06% | 55.39% | 51.35% | 49.17% | 52.69% | 44.59% | 49.34% |
| Operating Income | 3.26B | 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 % | 27.84% | 35.89% | 35.33% | 35.48% | 38.18% | 46.86% | 24.81% | 44.7% | 45.34% | 52.73% | 39.02% | 40.14% | 36.12% | 42.67% | 37.1% | 32.46% | 15.7% | 13.48% | -47.16% | 30.06% | 35.31% | 42.51% | 43.26% | 46.9% | 48.92% | 39.03% | 44.96% | 44.96% | 41.23% | 49.04% | 45.23% |
| 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 | 3.26B | 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 % | 27.84% | 35.89% | 35.33% | 35.48% | 38.18% | 46.86% | 24.81% | 44.7% | 45.34% | 52.73% | 39.02% | 40.14% | 36.12% | 42.67% | 37.1% | 32.46% | 15.7% | 13.48% | -47.16% | 30.06% | 35.31% | 42.51% | 43.26% | 46.9% | 48.92% | 39.03% | 44.96% | 44.96% | 41.23% | 49.04% | 45.23% |
| Income Tax | 700M | 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 % | 21.45% | 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 | 2.56B | 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 % | 21.86% | 28.21% | 28.04% | 27.89% | 30.19% | 36.9% | 19.7% | 35.06% | 35.96% | 38.59% | 27.34% | 29.06% | 26.38% | 30.15% | 26.46% | 23% | 12.58% | 12.95% | -37.4% | 21.04% | 25.69% | 29.82% | 29.49% | 32.57% | 33.41% | 25.86% | 30.53% | 29.27% | 27.04% | 32.59% | 30.34% |
| Net Income Growth % | 6.26% | 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) | 2.56B | 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) | 2.79 | 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 % | -12.84% | 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 | 917.1M | 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 |
Quick answers to the most common questions about buying FITB stock.
For fiscal year 2025, Fifth Third Bancorp (FITB) reported total revenue of $8.94B. This represents a 609.9% increase compared to $1.26B in 1996.
Fifth Third Bancorp (FITB) is profitable, generating $2.52B in net income for the fiscal year ending 2025 with a net profit margin of 28.2%.
Fifth Third Bancorp (FITB) reported an operating income of $3.21B, resulting in an operating profit margin of 35.9%. 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 93.9%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Credit provisioning and efficiency pressure
Metrics are mathematically derived from official filings.
Net Interest Income Rebounds Through Volume
Based on FITB's reported figures, net interest income rose from roughly $1.4B in 2024 to $2.3B in 2026Q3, a jump that is far steeper than the flat rate-cycle backdrop would normally support and warrants closer examination of its drivers.
The 49.4% quarter-over-quarter NII growth in 2026Q3 suggests a material change in balance sheet scale or mix rather than a simple repricing effect. Investors should verify whether this reflects organic loan growth, acquired balances, or a shift in funding composition, since the reported data does not isolate these components. Until that is clarified, the sustainability of this trajectory remains uncertain.
Net Interest Margin Holds Near 0.7 Percent
The reported net interest margin has stayed in a tight 0.6 to 0.8 percent band across ten quarters, and FITB's 0.8 percent in 2026Q3 sits at the upper end of that range while peers such as HBAN and KEY show comparable margin positioning in the supplied data.
A stable margin alongside rising absolute NII implies that earning asset growth, rather than spread expansion, is doing most of the work. The narrow range suggests limited sensitivity of asset yields to funding cost shifts over the observed period. Investors should monitor whether margin holds as deposit repricing progresses.
Efficiency Ratio Deteriorates Sharply in 2026
As reported in the financial statements, FITB's efficiency ratio climbed from about 55 percent in 2025 to 84.7 percent in 2026Q1 before easing to 62.5 percent in 2026Q3, indicating a meaningful swing in cost discipline relative to revenue.
The 2026Q1 spike reflects non-interest expense growing faster than total revenue, a pattern that may point to integration costs or one-time charges, though the supplied data does not confirm the cause. The partial recovery in 2026Q3 is encouraging but still sits above the 2024 to 2025 run rate. Operating leverage appears to have weakened during this period and warrants further investigation.
Provision Expense Rising Into 2026
Based on EDBL-equivalent reported figures for FITB, provision expense moved from $94M in 2024Q1 to $227M in 2026Q1, a more than doubling that signals a shift in the credit cost trajectory worth monitoring closely.
The provision series shows a clear upward trend beginning in 2025, with 2025Q4 recording zero provision, which is anomalous and may reflect a reserve release or timing effect rather than an underlying improvement. Because the data does not disclose reserve coverage or charge-off detail, the pace of credit deterioration cannot be fully assessed. Investors should watch whether provisions normalize or continue to climb.
Earnings Quality Questions Remain Open
According to recent SEC filings, FITB's 2025Q4 provision of zero sits against a 2026Q1 provision of $227M, and the reported EPS swing from $0.91 to $0.15 raises questions about whether recent earnings reflect durable core profitability.
The sharp quarterly volatility in EPS and provisioning may suggest that reported earnings are sensitive to reserve timing rather than steady operating performance. Fee income remains around 31 to 35 percent of total revenue, which is a supportive diversification signal, but the data does not reveal the recurring share of that fee base. Investors should monitor whether the 2026Q3 earnings level proves repeatable.