Slide 1: 4Q25 Earnings Presentation
4Q25 Earnings Presentation January 20, 2026 Refer to earnings release dated January 20, 2026 for further information.
Slide 2: Cautionary statement
Cautionary statement 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, as amended, and Rule 3
Slide 3: Key Messages
Key Messages Focused execution across strategic priorities drives the strongest adjusted ROA1 in three years Continued expense discipline resulted in a 50 bps year-over-year improvement in the adjusted efficiency ratio1 Highest quarterly commercial loan production in over three years driven by inves
Slide 4: 4Q25 highlights
4Q25 highlights Reported1 Adjusted1 • Credit quality normalized with net charge-offs2 at 40 bps EPS $1.04 $1.08 • Generated positive operating leverage for the 5th consecutive quarter driven by disciplined expense ROA 1.36% 1.41% management and revenue growth ROE 14.0% 14.5% • Tangible book value pe
Slide 5: Net interest income
Net interest income1 $1.53 $1.53 3Q25 to 4Q25 NII & NIM walk $1.50 NII $ in millions; NIM change in bps NII NIM 3.13% Total net interest income; $ billions 3.12% 3.13% $1.44 $1.44 3Q25 $1,525 3.13% Market rates / Deposit betas (20) (4) 3.03% Deposit growth 20 4 Securities / Wholesale funding 9 1 2.9
Slide 6: Noninterest income
Noninterest income $ millions 4Q25 PQ YoY Year-over-year • Wealth and asset management revenue up 13% driven by Wealth and asset management revenue $185 2% 13% continued AUM growth Commercial payments revenue 167 6% 8% • Commercial payments revenue up 8% aided by strong momentum in Newline and DTS C
Slide 7: Noninterest expense
Noninterest expense Year-over-year $ millions 4Q25 PQ YoY • Adjusted noninterest expense1 up 4% due to increases in Compensation and benefits $683 — 3% compensation and benefits, technology and communications and marketing expense Technology and communications 138 8% 12% Net occupancy expense 89 — 1
Slide 8: Loans
Loans Average loan & lease balances Loan portfolio composition $ in billions; loan & lease balances excluding HFS Average loans $117.9 $121.3 $123.1 $123.3 $123.4 Credit card and $46.6 $47.7 $48.4 $48.8 Solar energy other $45.9 installation Home equity 4% 3% 6.18% 6.06% 6.11% 6.12% 5.96% $72.0 $74.7
Slide 9: Deposits
Deposits Average deposit balances Total deposit mix $ in billions $ in billions $167.2 $168.4 Time deposits, 7% $164.2 $163.6 $164.8 $164.7 $161.8 $161.4 $162.5 $166.4 Demand, 25% 2.68% Money market $168B 2.42% 2.39% 2.41% and savings, 33% Average 2.28% Deposits 4Q24 1Q25 2Q25 3Q25 4Q25 Interest che
Slide 10: Credit quality overview
Credit quality overview 4Q24 1Q25 2Q25 3Q25 4Q25 NPL ratio 0.69% 0.79% 0.70% 0.62% 0.62% NPA ratio1 0.71% 0.81% 0.72% 0.65% 0.65% 30-89 days past due as a % of portfolio loans and leases 0.25% 0.31% 0.23% 0.28% 0.29% NCO ratio 0.46% 0.46% 0.45% 1.09% 0.40% ACL ratio as a % of portfolio loans and lea
Slide 11: Historical net charge-off and NPA ratios
Historical net charge-off and NPA ratios Net charge-off ratio Non-performing assets ratio2 10-year average excluding COVID1 10-year average excluding COVID1 1.50% 1.50% 1.00% 1.00% 4Q25 0.65% 4Q25 0.50% 0.40% 0.50% 0.00% 0.00% 4Q16 4Q17 4Q18 4Q19 4Q20 4Q21 4Q22 4Q23 4Q24 4Q25 4Q16 4Q17 4Q18 4Q19 4Q2
Slide 12: Strong liquidity and capital position
Strong liquidity and capital position Liquidity position Capital position $ in billions Common equity tier 1 ratio1 ~42 bps ~0 bps Liquidity Sources 9/30/25 12/31/25 ~1 bps 10.77% 10.57% (~7 bps) (~16 bps) Fed reserves $17 $18 Unpledged investment securities $21 $20 Available FHLB borrowing capacity
Slide 13: Current expectations
Current expectations1 FY 2026 compared to FY 2025 FITB + CMA (assumes 2/1/26 close date) Avg. loans & leases mid-$170s billion (Including HFS) Net interest income2 $8.6 - $8.8 billion assumes 12/31/26 Fed funds rate of 3.25% and (FY25 baseline: $6.002 billion) includes the impact of purchase account
Slide 14: Appendix
Appendix 14 © Fifth Third Bancorp | All Rights Reserved
Slide 15: Consumer and Business Banking Digital Metrics
Consumer and Business Banking Digital Metrics Digital Engagement Digital Originations Average Active Digital Users 1 Digital Assisted Mortgage Applications (Millions) Consumer Satisfaction 97% 98% 97% 98% 98% 3.09 3.14 3.17 3.19 3.19 #1 for banking mobile app user satisfaction among 4Q24 1Q25 2Q25 3
Slide 16: Strategic investments resulting in fee diversification and growth
Strategic investments resulting in fee diversification and growth Fee revenue mix is well-diversified Fee contribution as a percent of revenue LTM 4Q25 adjusted noninterest income mix 1,2 stands out favorably relative to peers LTM 4Q25 adjusted noninterest income as a percent of adjusted revenue2, u
Slide 17: Total commercial portfolio overview
Total commercial portfolio overview Portfolio loans and leases Key statistics $ in billions 4Q24 3Q25 4Q25 $74.7 $75.1 $75.4 $74.2 $74.9 $74.4 $74.6 $73.6 $72.0 $73.3 NCO ratio1 0.32% 1.46% 0.27% 30-89 delinquencies 0.07% 0.16% 0.15% 90+ delinquencies 0.01% 0.00% 0.00% Nonperforming loans2 0.62% 0.5
Slide 18: Commercial and industrial overview
Commercial and industrial overview Portfolio loans Key statistics $ in billions 4Q24 3Q25 4Q25 $53.4 $53.7 $54.1 $53.3 $54.2 $53.9 $53.9 $52.7 $51.6 $52.3 NCO ratio1 0.42% 2.01% 0.32% 30-89 delinquencies 0.05% 0.08% 0.19% 90+ delinquencies 0.01% 0.00% 0.00% Nonperforming loans2 0.72% 0.73% 0.75% 4Q2
Slide 19: Relationship focused main street lender with lower NDFI exposure
Relationship focused main street lender with lower NDFI exposure Non-depository financial institution portfolio NDFI portfolio characteristics $ in billions; as of 12/31/25 Subscription Lines Capital Call Facilities • 4th lowest exposure to NDFIs among peers2 18% Private Capital Warehouse Fund Finan
Slide 20: High quality Shared National Credit portfolio
High quality Shared National Credit portfolio Shared National Credit portfolio is well diversified Key statistics $ in billions; as of 12/31/25 4Q24 3Q25 4Q25 Loan balance $32.2 $32.2 $31.9 Industry mix Nonperforming loans2 0.67% 0.72% 0.64% Other Retail 18% 18% NCO Ratio1 0.55% 0.57% 0.09% Manufact
Slide 21: Low concentration in leveraged lending
Low concentration in leveraged lending Total Loan Portfolio Composition Diversified Leveraged Portfolio as of 12/31/25 as of 12/31/25 Professional, Scientific, and Technical Services Information Retail Trade Admin, Support & Other Services Total Loans $123.4 Billion Leveraged Manufacturing Healthcar
Slide 22: Commercial real estate overview
Commercial real estate overview Portfolio loans Key statistics $ in billions 4Q24 3Q25 4Q25 $17.8 $18.2 $18.3 $18.2 $17.5 $17.7 $17.6 $17.3 $17.5 $17.5 $12.4 $12.4 $12.4 NCO ratio1 0.00% 0.03% 0.14% $11.8 $12.2 $12.1 $12.0 $11.9 $12.1 $12.2 30-89 delinquencies 0.05% 0.37% 0.01% 90+ delinquencies 0.0
Slide 23: Total consumer portfolio overview
Total consumer portfolio overview Portfolio loans Key statistics $ in billions 4Q24 3Q25 4Q25 $47.7 $48.2 $48.4 $48.7 $48.8 $49.1 $45.9 $46.5 $46.6 $47.1 NCO ratio1 0.68% 0.52% 0.59% 30-89 delinquencies 0.54% 0.47% 0.51% 90+ delinquencies 0.06% 0.06% 0.06% Nonperforming loans2 0.79% 0.68% 0.69% Weig
Slide 24: Residential mortgage overview
Residential mortgage overview Portfolio loans Key statistics $ in billions $17.3 $17.5 $17.6 $17.6 $17.6 $17.7 $17.7 $17.6 $17.7 $17.7 4Q24 3Q25 4Q25 NCO ratio1 (0.01%) (0.02%) (0.01%) 30-89 delinquencies 0.19% 0.18% 0.19% 90+ delinquencies 0.03% 0.06% 0.06% Nonperforming Loans2 0.78% 0.80% 0.84% We
Slide 25: Home equity overview
Home equity overview Portfolio loans Key statistics $ in billions 4Q24 3Q25 4Q25 $4.7 $4.8 $4.8 NCO ratio1 (0.01%) (0.05%) 0.06% $4.6 $4.3 $4.4 $4.5 $4.1 $4.2 $4.2 30-89 delinquencies 0.60% 0.45% 0.52% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 1.67% 1.54% 1.47% Weighted average FICO a
Slide 26: Indirect secured consumer overview
Indirect secured consumer overview Portfolio loans Key statistics $ in billions $17.7 $17.9 $17.9 $18.0 $17.2 $17.6 $16.1 $16.3 $16.5 $16.8 4Q24 3Q25 4Q25 NCO ratio1 0.66% 0.40% 0.59% 30-89 delinquencies 0.80% 0.68% 0.72% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 0.34% 0.34% 0.34% Wei
Slide 27: Credit card overview
Credit card overview Portfolio loans Key statistics $ in billions $1.7 $1.7 $1.7 4Q24 3Q25 4Q25 $1.7 $1.7 $1.7 $1.7 $1.7 $1.7 $1.6 NCO ratio1 4.00% 3.70% 3.62% 30-89 delinquencies 1.04% 1.00% 1.03% 90+ delinquencies 1.15% 0.95% 0.97% Nonperforming loans2 1.85% 1.71% 1.66% Weighted average FICO at 74
Slide 28: Solar energy installation overview
Solar energy installation overview Portfolio loans Key statistics $ in billions 4Q24 3Q25 4Q25 $4.4 $4.5 $4.6 $4.2 $4.2 $4.3 $4.3 $4.3 $4.4 $4.1 NCO ratio1 1.64% 1.47% 1.45% 30-89 delinquencies 0.48% 0.43% 0.57% 90+ delinquencies 0.00% 0.00% 0.00% Nonperforming loans2 1.52% 0.50% 0.48% Weighted aver
Slide 29: Allowance for credit losses
Allowance for credit losses Allocation of allowance by product 4Q25 Change in rate $ in millions Compared to: % of portfolio Allowance for loan & lease losses Amount 3Q25 4Q24 loans & leases Commercial and industrial loans $816 1.55% 0.01% 0.16% Commercial mortgage loans 272 2.22% 0.00% (0.65%) Comm
Slide 30: NPL rollforward
NPL1 rollforward 4Q24 1Q25 2Q25 3Q25 4Q25 Balance, beginning of period $334 $456 $623 $508 $435 Transfers to nonaccrual status 240 273 63 266 138 Transfers to accrual status (1) (3) (1) — (1) Transfers to held for sale (5) (17) (24) (1) (44) Commercial Loan paydowns/payoffs (49) (19) (70) (63) (34)
Slide 31: Balance sheet positioning
Balance sheet positioning Commercial loans1,2 Consumer loans1 Investment portfolio Long-term debt3 $25.2BN fixed | $48.3BN variable1,2 $42.1BN fixed | $7.0BN variable1 $9.1BN fixed | $4.5BN variable3 • 52% allocation to bullet/locked- • 1M based: 1%5,7 out cash flow securities • SOFR based: 33% • 1M
Slide 32: Managing rate risk against conservative outcomes
Managing rate risk against conservative outcomes Estimated NII sensitivity profile and ALCO policy limits % Change NII (FTE) ALCO policy limit Change in interest rates (bps) 12 months 13 to 24 months 12 months 13 to 24 months +200 Ramp over 12 months (3.1%) (2.3%) (6.0%) (7.0%) Rate risk models assu
Slide 33: Investment portfolio composition
Investment portfolio composition Securities portfolio Investment portfolio characteristics AFS and HTM portfolio; amortized cost basis; as of 12/31/25 Amortized cost basis; as of 12/31/25 Held-to-maturity portfolio • $11.4BN portfolio HTM • Reclassification during 1Q24 aimed to de-risk potential AOC
Slide 34: Securities portfolio AOCI accretion
Securities portfolio AOCI accretion AOCI accretion1 assuming implied forward curve2 $ in billions; 12/31/25 AFS and HTM portfolio unrealized loss, after-tax Historical AOCI accretion Projected AOCI accretion ($1.4) ($1.7) ($2.0) ($2.3) ~40% ($2.8) capital accretion ($3.0) ~20% ($3.3) ($3.5) capital
Slide 35: Balance sheet positioned to grow tangible book value per share
Balance sheet positioned to grow tangible book value per share TBV/share1 will improve due to AOCI accretion alone Projected TBV/share growth includes no earnings contribution from 2026-20282 Projected growth from AOCI burndown alone1 Actuals Forecast $23.87 +2% $24.32 $23.46 +2% $22.60 +4% +21% $18
Slide 36: Cash flow hedges
Cash flow hedges Receive-fixed swaps1 EOP notional value of cash flow hedges ($ in billions) Existing receive-fixed swaps2 $11 $9 $8 $8 $5 4Q25 4Q30 2Q31 3Q31 4Q31 Actual Weighted average receive 3.26% 3 3.29% 3.31% 3.32% 3.44% fixed rate 36 For end note descriptions, see end note summary starting o
Slide 37: Mortgage banking results
Mortgage banking results Mortgage banking net revenue Mortgage originations and margins $ in millions $ in billions $57 $56 $58 $56 $57 Origination fees and $2.2 $1.9 $2.0 $1.9 gains on loan $3 $5 $3 $3 $3 $0.6 sale $1.4 $0.7 $0.6 Gross $75 $74 $73 $73 $73 Originations HFI $0.6 servicing Origination
Slide 38: Preferred dividend schedule
Preferred dividend schedule Upcoming preferred dividend schedule1 1Q26 2Q26 3Q26 4Q26 $ in millions Series H ~$10 ~$10 ~$10 ~$10 Floating2 Series I ~$9 ~$9 ~$9 ~$8 Floating2 Series J ~$5 ~$5 ~$5 ~$5 Floating2 Series K ~$3 ~$3 ~$3 ~$3 Series M3 ~$7 ~$7 ~$7 ~$7 Class B Series A ~$3 ~$3 ~$3 ~$3 Total ~
Slide 39: 4Q25 adjustments and notable items
4Q25 adjustments and notable items Adjusted EPS of $1.081 4Q25 reported EPS of $1.04 included a net negative $0.04 impact from the following notable item(s): • $50 million pre-tax (~$38 million after-tax2) charge related to Fifth Third Foundation contribution expense • $25 million pre-tax (~$19 mill
Slide 40: Non-GAAP reconciliation
Non-GAAP reconciliation Fifth Third Bancorp and Subsidiaries For the three months ended For the year ended $ and shares in millions (unaudited) December September June March December 2025 2025 2025 2025 2024 2025 Net income (U.S. GAAP) (a) $731 $649 $628 $515 $620 $2,522 Net income (U.S. GAAP) (annu
Slide 41: Non-GAAP reconciliation
Non-GAAP reconciliation Fifth Third Bancorp and Subsidiaries For three months ended For the year ended $ and shares in millions (unaudited) December September June March December 2025 2025 2025 2025 2024 2025 Average interest-earning assets (a) $194,144 $193,500 $192,682 $192,808 $193,513 $193,288 N
Slide 42: Earnings presentation end notes
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-provision net revenue, and efficiency ratio are non-GAA
Slide 43: Earnings presentation end notes
Earnings presentation end notes 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. Total commercial portfolio line utilization. Sl
Slide 44: Earnings presentation end notes
Earnings presentation end notes Slide 30 end notes 1. Loan balances exclude nonaccrual loans HFS. Slide 31 end notes Note: Data as of 12/31/2025. 1. Excludes HFS Loans & Leases. 2. Fifth Third had $10.85BN of commercial variable loans classified as fixed given the impacts of $6.85BN in C&I receive-f