Fifth Third Bancorp · NASDAQ:FITB
Fifth Third Bancorp — Q3 2026 Earnings Presentation
44 slides from Fifth Third Bancorp's earnings presentation, Oct 19, 2026
Slide 1: 3Q26 Earnings Presentation
3Q26 Earnings Presentation October 19, 2026 Refer to earnings release dated October 19, 2026 for further information.
Slide 2: Forward-looking statements
© Fifth Third Bancorp | All Rights Reserved This presentation contains statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934,
Slide 3: Key Messages
© Fifth Third Bancorp | All Rights Reserved For end note descriptions, see end note summary starting on page 42 Key Messages 3 Strong deposits, resilient credit, and disciplined balance sheet management provide flexibility across a range of economic and interest-rate environments Comerica systems in
Slide 4: 3Q26 highlights
© Fifth Third Bancorp | All Rights Reserved • Net interest income increased 3% • Adjusted efficiency ratio2 improved 250 bps • Net charge-offs3 of 31 basis points, with continued stability in underlying credit trends • Adjusted return on assets2 increased 10 basis points to 1.41%, the highest since
Slide 5: Net interest income
© Fifth Third Bancorp | All Rights Reserved $1.53 $1.53 $1.94 $2.22 $2.28 3.13% 3.13% 3.30% 3.36% 3.34% NII NIM 3Q25 4Q25 1Q26 2Q26 3Q26 NII $ in millions; NIM change in bps 2Q26 to 3Q26 NII & NIM walk T o ta l n et in te re st in co m e; $ b ill io ns Net interest income1 5 For end note description
Slide 6: Noninterest income
© Fifth Third Bancorp | All Rights Reserved • Noninterest income excluding certain items1 of $1.05 billion increased $12 million, or 1%, compared to the prior quarter and increased $263 million, or 33%, from the year-ago quarter • Diversified fee growth across wealth and asset management, commercial
Slide 7: Noninterest expense
© Fifth Third Bancorp | All Rights Reserved $1,267 $1,309 $2,395 $2,109 $2,049 $1,253* $1,273* $1,769* $1,861* $1,816* 54.1% 54.3% 61.9% 57.1% 54.6% Adjusted noninterest expense¹* Noninterest expense Adjusted Efficiency Ratio¹ 3Q25 4Q25 1Q26 2Q26 3Q26 T o ta l n o ni nt er es t ex p en se ; $ m ill
Slide 8: Loans
© Fifth Third Bancorp | All Rights Reserved Solar energy installation Average loan & lease balances excluding HFS $123.3 $123.4 $157.6 $177.6 $179.2 $74.9 $74.6 $105.9 $124.1 $125.6 $48.4 $48.8 $51.8 $53.5 $53.7 6.12% 5.96% 5.88% 5.86% 5.89% Commercial Consumer Total loan yield 3Q25 4Q25 1Q26 2Q26 3
Slide 9: Deposits
© Fifth Third Bancorp | All Rights Reserved 4.25% 3.75% 3.75% 3.75% 4.00% 1.81% 1.71% 1.58% 1.54% 1.64% Fed Funds Rate Total Cost of Deposits 3Q25 4Q25 1Q26 2Q26 3Q26 Total cost of deposits Total deposit mixAverage deposit balances $164.8 $168.4 $209.4 $231.5 $238.3 $162.5 $166.4 $206.5 $228.5 $235.
Slide 10: Credit quality overview
© Fifth Third Bancorp | All Rights Reserved Net charge-offs (NCOs) $339 $125 $144 $135 $139 $339 $125 $144 $135 3Q25 4Q25 1Q26 2Q26 3Q26 Credit quality overview 10 3Q25 4Q25 1Q26 2Q26 3Q26 NPL ratio 0.62% 0.62% 0.54% 0.58% 0.59% NPA ratio1,2 0.65% 0.65% 0.57% 0.60% 0.64% 30-89 days past due as a % o
Slide 11: Historical net charge-off and NPA ratios
© Fifth Third Bancorp | All Rights Reserved 3Q17 3Q18 3Q19 3Q20 3Q21 3Q22 3Q23 3Q24 3Q25 3Q26 0.00% 0.50% 1.00% 1.50% Historical net charge-off and NPA ratios Net charge-off ratio Non-performing assets ratio2 3Q17 3Q18 3Q19 3Q20 3Q21 3Q22 3Q23 3Q24 3Q25 3Q26 0.00% 0.50% 1.00% 1.50% Commercial net ch
Slide 12: Strong liquidity and capital position
© Fifth Third Bancorp | All Rights Reserved 9.9% 33 bps (11 bps) 0 bps (16 bps) 2 bps 10.0% 2Q26 Net income to common RWA Share repurchases Common dividends Other 3Q26 12 Strong liquidity and capital position Liquidity position $ in billions Capital position Common equity tier 1 ratio1 For end note
Slide 13: Current expectations 4Q26
© Fifth Third Bancorp | All Rights Reserved As of October 19, 2026; please see cautionary statements on page 2. Current expectations 4Q26 13 For end note descriptions, see end note summary starting on page 42 4Q26 Avg. loans & leases (Including HFS) up 1 - 2% Net interest income1 (3Q26 baseline: $2.
Slide 14: Appendix
© Fifth Third Bancorp | All Rights Reserved 14 Appendix
Slide 15: Consumer and Business Banking Digital Metrics
© Fifth Third Bancorp | All Rights Reserved Consumer and Business Banking Digital Metrics Average Active Digital Users (Millions) 3.19 3.19 3.25 3.27 3.49 3Q25 4Q25 1Q26 2Q26 3Q26 Digital Engagement Digital Originations Average Active Mobile Users (Millions) 2.47 2.49 2.53 2.57 2.73 3Q25 4Q25 1Q26 2
Slide 16: Fee revenue mix is well-diversified
© Fifth Third Bancorp | All Rights Reserved 32% 30% LTM 2Q26 Peer Median 25% 24% 16% 14% 12% 4% 4% Strategic investments resulting in fee diversification and growth • Total pro-forma fee revenue1 accounted for ~32% of total pro-forma revenue for the last twelve months ending 9/30/26 • Focused on div
Slide 17: Total commercial portfolio overview
© Fifth Third Bancorp | All Rights Reserved $74.9 $74.6 $105.9 $124.1 $125.6 $74.4 $73.6 $122.9 $124.9 $126.4 Average Period-end 3Q25 4Q25 1Q26 2Q26 3Q26 3Q25 2Q26 3Q26 NCO ratio1 1.46% 0.21% 0.22% 30-89 delinquencies 0.16% 0.26% 0.24% 90+ delinquencies 0.00% 0.00% 0.01% Nonperforming loans2 0.58% 0
Slide 18: Commercial and industrial overview
© Fifth Third Bancorp | All Rights Reserved $54.2 $53.9 $73.3 $85.0 $86.0 $53.9 $52.7 $83.9 $85.7 $86.1 Average Period-end 3Q25 4Q25 1Q26 2Q26 3Q26 18 Key statistics Revolving line utilization trend3 Commercial and industrial overview 36.1% 35.5% 36.2% 37.0% 36.5% 36.7% 34.9% 38.5% 38.5% 38.0% 2Q24
Slide 19: Non-depository financial institution portfolio
© Fifth Third Bancorp | All Rights Reserved Note: Totals shown above may not foot due to rounding Non-depository financial institution portfolio 30% 25% 24% 11% 10% NDFI portfolio characteristics 3Q26 $14.3B¹ 8% of loans $ in billions; as of 9/30/26 Consumer Warehouse Consumer Finance Securitization
Slide 20: High quality Shared National Credit portfolio
© Fifth Third Bancorp | All Rights Reserved Financial Services 16% Rental and Leasing 13% Entertainment 12% Retail 11% Manufacturing 8% Business Services 8% Wholesale Trade 8% Other 24% 20 High quality Shared National Credit portfolio SNC portfolio $46.6BN ~26% of total loans Shared National Credit
Slide 21: Low concentration in leveraged lending
© Fifth Third Bancorp | All Rights Reserved 21 Low concentration in leveraged lending Note: Totals shown above may not foot due to rounding Total loan portfolio composition Arts, Entertainment, and Recreation Wholesale Trade Manufacturing Accommodation & Food Services Admin, Support & Other Services
Slide 22: Commercial real estate overview
© Fifth Third Bancorp | All Rights Reserved Portfolio loans 41% 21% 19% 10% 4% 2% 2% 53%47% Commercial real estate overview CRE mortgage Balance by occupancy CRE construction Balance by property type Industrial RetailOffice Hospitality Other Home builder Non-Owner occupied Owner occupied Multifamily
Slide 23: Total consumer portfolio overview
© Fifth Third Bancorp | All Rights Reserved Period-end QoQ change 1.0% 0.8% 8.8% 0.5% 0.5% $48.4 $48.8 $51.8 $53.5 $53.7 $48.7 $49.1 $53.4 $53.6 $53.9 3Q25 4Q25 1Q26 2Q26 3Q26 15% 16% 67% 3Q25 2Q26 3Q26 NCO ratio1 0.52% 0.53% 0.52% 30-89 delinquencies 0.47% 0.45% 0.44% 90+ delinquencies 0.06% 0.05%
Slide 24: Residential mortgage overview
© Fifth Third Bancorp | All Rights Reserved Period-end QoQ change (0.2%) —% 10.5% 1.1% 0.9% Average QoQ change 0.2% —% 6.7% 4.1% 0.8% 12% 15% 69% Weighted average FICO at origination3 764 762 762 Weighted average LTV at origination 74% 74% 75% Residential mortgage overview 24 $17.7 $17.7 $18.8 $19.6
Slide 25: Home equity overview
© Fifth Third Bancorp | All Rights Reserved 16% 15% 68% $4.6 $4.8 $6.1 $6.8 $7.0 $4.7 $4.8 $6.7 $6.9 $7.1 3Q25 4Q25 1Q26 2Q26 3Q26 Weighted average FICO at origination3 771 774 775 Weighted average LTV at origination 65% 63% 63% Home equity overview 25 1% For end note descriptions, see end note summ
Slide 26: Indirect secured consumer overview
© Fifth Third Bancorp | All Rights Reserved 84% 16% 17% 17% 65% Indirect secured consumer overview 26 Portfolio FICO score at origination *Includes primarily RV & Marine $17.7 $17.9 $18.1 $18.2 $18.2$17.9 $18.0 $18.3 $18.2 $18.2 3Q25 4Q25 1Q26 2Q26 3Q26 1% Weighted average FICO at origination 774 77
Slide 27: Credit card overview
© Fifth Third Bancorp | All Rights Reserved 27% 19% 49% Credit card overview 27 $1.7 $1.7 $1.7 $1.6 $1.6$1.7 $1.7 $1.7 $1.7 $1.7 3Q25 4Q25 1Q26 2Q26 3Q26 Weighted average FICO at origination3 743 743 743 5% Period-end QoQ change (0.9%) 3.3% (5.1%) 1.5% (1.4%) Average QoQ change 1.1% 1.0% (2.1%) (0.8
Slide 28: Solar energy installation overview
© Fifth Third Bancorp | All Rights Reserved $4.4 $4.5 $4.5 $4.4 $4.2$4.4 $4.6 $4.5 $4.3 $4.2 3Q25 4Q25 1Q26 2Q26 3Q26 15% 20% 66% Weighted average FICO at origination 771 771 771 Solar energy installation overview 28 For end note descriptions, see end note summary starting on page 42; totals shown a
Slide 29: Allowance for credit losses
© Fifth Third Bancorp | All Rights Reserved Allowance for credit losses 29 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Allowance for loan & lease losses Amount % of portfolio loans & leases 2Q26 3Q25 Commercial and industrial l
Slide 30: NPL rollforward
© Fifth Third Bancorp | All Rights Reserved NPL1 rollforward 30 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding 3Q25 4Q25 1Q26 2Q26 3Q26 Balance, beginning of period $508 $435 $427 $573 $615 Transfers to nonaccrual status 266 138 1
Slide 31: Balance sheet positioning
© Fifth Third Bancorp | All Rights Reserved Balance sheet positioning 31 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding C&I 22% Fix | 78% Variable Coml. mortgage 26% Fix | 74% Variable Coml. construction 18% Fix | 82% Variable Com
Slide 32: Managing rate risk against conservative outcomes
© Fifth Third Bancorp | All Rights Reserved Managing rate risk against conservative outcomes 32 For end note descriptions, see end note summary starting on page 42; totals shown above may not foot due to rounding Estimated NII sensitivity profile and ALCO policy limits Estimated NII beta sensitivity
Slide 33: Investment portfolio composition
© Fifth Third Bancorp | All Rights Reserved 33 Investment portfolio composition Investment portfolio characteristics Held-to-maturity portfolio • $20.9BN portfolio • Reclassification during 1Q24 aimed to de-risk potential AOCI volatility to capital under proposed capital rules • Securities selected
Slide 34: Securities portfolio AOCI accretion
© Fifth Third Bancorp | All Rights Reserved 10-year treasury yield ($5.8) ($3.0) ($2.8) ($2.9) ($2.9) ($4.1) 9/30/23 9/30/25 12/31/25 3/31/26 6/30/26 9/30/26 Projected AOCI accretion ($4.0) ($3.4) ($2.8) ($2.4) ($2.1) ($1.7) 12/31/26E 12/31/27E 12/31/28E 12/31/29E 12/31/30E 12/31/31E Securities port
Slide 35: Balance sheet positioned to grow tangible book value per share
© Fifth Third Bancorp | All Rights Reserved $17.64 $18.69 $22.60 $22.01 $22.14 $22.92 $23.76 $24.39 3.9% 4.6% 4.2% 5.3% 5.3% 5.5% 5.6% 5.7% TBV/S AOCI accretion 10-year treasury yield 12/31/2023 12/31/2024 12/31/2025 9/30/2026 12/31/2026 12/31/2027 12/31/2028 12/31/2029 Balance sheet positioned to g
Slide 36: Cash flow hedges and receive-fixed swaps
© Fifth Third Bancorp | All Rights Reserved 3.40% $13 $13 $13 $13 $13 $13 $13 $13 $11 $10 $8 $5 $2 $6 $7 $8 $6 $5 $4 $4 $4 $4 $4 $13 $15 $19 $20 $21 $19 $18 $17 $15 $14 $12 $9 3Q26 4Q26 1Q27 2Q27 3Q27 4Q28 2Q30 3Q30 4Q30 2Q31 3Q31 4Q31 Cash flow hedges Receive-fixed swaps1 EOP notional value of cash
Slide 37: Mortgage banking results
© Fifth Third Bancorp | All Rights Reserved $22 $22 $23 $21 $18 $73 $73 $70 $71 $69 $3 $3 ($10) ($11) ($40) ($42) ($39) ($42) ($40) $58 $56 $44 $39 $47Origination fees and gains on loan sale Gross servicing fees Net MSR Valuation MSR decay 3Q25 4Q25 1Q26 2Q26 3Q26 Mortgage banking results $ in milli
Slide 38: Preferred dividend schedule
© Fifth Third Bancorp | All Rights Reserved Preferred dividend schedule 4Q26 1Q27 2Q27 3Q27 Series H ~$11 ~$11 ~$12 ~$12 Series I ~$9 ~$9 ~$10 ~$10 Series J ~$6 ~$6 ~$6 ~$6 Series K ~$3 ~$3 ~$3 ~$3 Series M3 ~$7 ~$7 ~$7 ~$7 Class B Series A ~$3 ~$3 ~$3 ~$3 Total ~$39 ~$39 ~$40 ~$41 Upcoming preferre
Slide 39: 3Q26 adjustments and notable items
© Fifth Third Bancorp | All Rights Reserved 3Q26 reported EPS of $0.90 included a net negative $0.23 impact from the following notable item(s): • $225 million pre-tax (~$171 million after-tax2,3) charge related to merger-related charges • $34 million pre-tax (~$26 million after-tax2) charge related
Slide 40: Non-GAAP reconciliation
© Fifth Third Bancorp | All Rights Reserved Fifth Third Bancorp and Subsidiaries For the three months ended $ and shares in millions (unaudited) September June March December September 2026 2026 2026 2025 2025 Net income (U.S. GAAP) (a) $866 $801 $165 $731 $649 Net income (U.S. GAAP) (annualized) (b
Slide 41: Non-GAAP reconciliation
© Fifth Third Bancorp | All Rights Reserved Non-GAAP reconciliation 41 Fifth Third Bancorp and Subsidiaries For three months ended $ and shares in millions (unaudited) September June March December September 2026 2026 2026 2025 2025 Average interest-earning assets (a) $270,023 $264,989 $237,961 $194
Slide 42: Slide end notes
© Fifth Third Bancorp | All Rights Reserved 42 Earnings presentation end notes Slide 3 end notes 1. Non-GAAP measure: see reconciliation on pages 40 and 41 of this presentation and use of non-GAAP measures on pages 27-29 of the earnings release. Slide 4 end notes 1. Reported ROTCE, NIM, pre-provisio
Slide 43: Slide end notes
© Fifth Third Bancorp | All Rights Reserved Earnings presentation end notes 43 Slide 18 end notes 1. Net losses charged-off as a percent of average portfolio loans and leases presented on an annualized basis. 2. Nonperforming portfolio loans and leases as a percent of portfolio loans and leases. 3.
Slide 44: Slide end notes
© Fifth Third Bancorp | All Rights Reserved 44 Earnings presentation end notes Slide 30 end notes 1. Loan balances exclude nonaccrual loans HFS. Slide 31 end notes Note: Data as of 9/30/2026 1. Excludes HFS Loans & Leases. 2. Fifth Third had $12.85BN of commercial variable loans classified as fixed