Fifth Third (FITB) Q3 2026 Earnings Call Transcript
Comerica integration complete; bank exceeds 2027 profitability targets.
Fifth Third Bancorp reported stronger-than-expected third-quarter 2026 profit, with adjusted earnings of $1.13 a share surpassing Wall Street’s estimate of $0.83. The bank's revenue came in at $3.33 billion, slightly below the $3.34 billion forecast. The stock rose 2.0% to $51.39 in premarket trading as investors weighed the earnings beat, steady credit quality, and upbeat guidance against a minor revenue miss and ongoing merger-related costs.
The completion of the largest and most complicated conversion in the bank's 168-year history after the Comerica acquisition was cited as a key factor in the earnings improvement, with management guiding to higher net interest income, better fee revenue, and lower expenses in the fourth quarter.
Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.