Fifth Third Bancorp

FITB · NYSE · Financials · Financials, fiscal 2016 to 2025

FITB · Last close · October 26, 2026

$53.10

Fifth Third Bancorp's revenue rose 6.3% to $9.0 billion in fiscal 2025. Net income was $2.5 billion, up 9.0%. Its return on equity was 12.2%, up from 11.9% a year earlier. Its efficiency ratio was 57.0%, down from 59.4% a year earlier. It paid out $1.7 billion in dividends and buybacks. The diluted share count fell 2.1%.

FIFTH THIRD BANCORP Latest fiscal year ended December 31, 2025 10-K filed February 24, 2026 · 0000035527-26-000124 Updated October 9, 2026

Revenue

$9.0B

6.3%

Net income

$2.5B

9.0%

Return on equity

12.2%

0.3 pts

Return on tangible equity

17.3%

0.3 pts

Efficiency ratio

57.0%

2.3 pts

Market cap

$48.6B

Oct 26 close

P/E

18.1x

On $2.93 EPS, 4 qtrs

Return on equity is net income as a share of shareholders' equity; return on tangible equity leaves out goodwill and other intangible assets. The efficiency ratio is operating costs as a share of revenue, so lower means the bank spends less to earn each dollar. Market cap is the last closing share price times the latest diluted share count, so it is approximate. P/E is the last close divided by diluted earnings per share over the last four quarters, or the latest fiscal year where the quarters aren't available; there is none when the company made a loss.

Charts show fiscal years, from the 10-K filings.

Revenue and returns

Revenue

US$ billions, fiscal years. Revenue is net of interest expense.

Return on equity

Percent. Net income over average equity; tangible equity excludes goodwill, intangibles and preferred stock.

Return on equityReturn on tangible common equity

Net income and earnings per share

From fiscal 2016 to 2025, earnings per share grew 7.1% a year and net income 5.6% a year, as buybacks cut the share count by 12%.

Net income

US$ billions, fiscal years; loss years in red.

Diluted earnings per share

US$ per share, fiscal years, restated for any stock splits; loss years in red.

Efficiency and income mix

Efficiency ratio and net interest income

Percent of revenue. The efficiency ratio is noninterest expense over revenue.

Efficiency ratioNet interest income share

Payouts and share count

Dividends and buybacks

US$ billions, cash paid in each fiscal year

DividendsShare buybacks

Diluted share count

Weighted-average diluted shares, millions

Valuation

Value Fifth Third Bancorp yourself from its earnings. A bank's cash flow is mostly the money it lends and takes in, so the cash flow model on other company pages doesn't suit it.

Price-to-earnings (P/E) method

Another common way to value a company is to multiply its earnings per share by a price-to-earnings (P/E) multiple: the number of years of today's earnings an investor pays for a share. A higher multiple usually means investors expect earnings to grow. Choose a multiple, for example from similar companies, to see the value it gives.

Value per share on three example scenarios, from Fifth Third Bancorp's earnings per share of $2.93 (over the last four quarters). Each grows earnings for a year at the cash flow scenarios' rates and applies a multiple to next year's earnings: 13.8×, the middle of Fifth Third Bancorp's own P/E today, its peers' median and its sector's median (the Financials median) for the base scenario, 20% less and more for the cautious and optimistic ones. The price is brought back a year at 10%, 9% and 8%. Select one to load it into the calculator. These are the model's arithmetic on those assumptions, not a forecast or a price target.

Earnings per share, US$

Diluted earnings per share over the four quarters to June 30, 2026, from the 10-Qs and 10-K.

P/E multiple

P/E today is the last close divided by the latest earnings per share, the four quarters' where available. Peers: First Citizens BancShares, M&T Bank, Citizens Financial Group, Huntington Bancshares.

Earnings growth in the years ahead (% a year) Starts at Fifth Third Bancorp's revenue growth over the last 3 years, 2.5% a year, as the base scenario does.

Earnings per share in the years ahead, US$

Year 1Year 2Year 3Year 4Year 5

Type your own estimate for any year; the years after it carry on at the growth rate.

Apply the multiple to earnings

A multiple on a future year's earnings gives the price then, brought back to today at the discount rate below.

Discount rate (% a year) The yearly return an investor wants for the risk, as in the cash flow model.

Value per share today at this multiple

—

Last close, October 26, 2026: $53.10
Value at this multiple, against the last close: —
Fifth Third Bancorp's P/E at the last close: 18.1×

Company	Last close	Earnings per share	P/E today
Fifth Third BancorpFITB	$53.10	$2.93	18.1×
Citizens Financial GroupCFG	$65.37	$4.60	14.2×
First Citizens BancSharesFCNCA	$2,345.61	$186.77	12.6×
Huntington BancsharesHBAN	$15.73	$1.30	12.1×
M&T BankMTB	$221.80	$18.93	11.7×

How the P/E method works. Value per share is earnings per share times the multiple. On a future year's earnings, that gives the price in that year, which is brought back to today at the discount rate: price ÷ (1 + discount rate) for each year ahead. It is quick and easy to compare across companies, but it ignores debt and cash, and earnings can swing with one-off gains and charges, so a multiple says most about steady, profitable businesses. Like the cash flow model, the result depends entirely on the assumptions you choose. It is not a forecast, a price target or a recommendation.

Balance sheet

Fiscal year end	FY21	FY22	FY23	FY24	FY25
Loans, net	110,158	119,286	114,912	117,439	120,398
Deposits	169,324	163,690	168,912	167,252	171,819
Loans to deposits	65.1%	72.9%	68.0%	70.2%	70.1%
Provision for credit losses	−377	563	515	530	662
Provision to average loans	−0.3%	0.5%	0.4%	0.5%	0.6%
Total assets	211,116	207,452	214,574	212,927	214,376
Shareholders' equity	22,210	17,327	19,172	19,645	21,724

US$ millions unless stated, at each fiscal year end.

Insider trades

Over the 12 months between October 27, 2025 and October 26, 2026, no insider bought Fifth Third Bancorp shares on the open market, and 5 insiders sold $7.6 million, $109,125 of it under trading plans set up in advance.

Date	Insider	Trade	Shares	Price	Value	Filing
Apr 28, 2026	Peter L SefzikEVP	Sold	20,000	$50.46	$1.0 million	Form 4
Apr 20, 2026	Kevin J KhannaEVP	Sold	6,000	$50.77	$304,640	Form 4
Feb 24, 2026	Jude SchrammEVP & CIO	Sold	3,896	$50.54	$196,908	Form 4
Feb 23, 2026	Jude SchrammEVP & CIO	Sold	11,000	$50.96	$560,604	Form 4
Feb 18, 2026	Timothy SpenceChair, CEO & President, Director	Sold	3,420	$54.06	$184,885	Form 4
Feb 12, 2026	Mitchell Stuart FeigerDirector	Sold	82,122	$53.08	$4.4 million	Form 4
Feb 11, 2026	Mitchell Stuart FeigerDirector	Sold	15,394	$54.84	$844,204	Form 4
Dec 11, 2025	Jude SchrammEVP & CIO	Sold plan	2,250	$48.50	$109,125	Form 4

Open-market purchases and sales by officers, directors and 10% owners, from their Form 4 filings with the SEC: one row per person, day and filing, at the day's average price. Grants, option exercises and shares withheld for tax aren't counted. Insiders buy and sell for many reasons, such as taxes, spreading their savings or a plan set up months earlier, so a trade on its own says little about where a company is heading. For information only, not investment advice. Insider trades at all companies

Compare

Put Fifth Third Bancorp side by side with any other company we cover: revenue, growth, margins, cash flow and returns, with ten years of charts.

Similar companies

Company	Year	Revenue growth	Net margin	Return on equity	Return on tangible equity	Efficiency ratio	Compare
Fifth Third Bancorp	FY25	6.3%	28.0%	12.2%	17.3%	57.0%
First Citizens BancShares	FY25	−2.2%	23.1%	9.9%	10.5%	63.5%	Compare
M&T Bank	FY25	4.4%	29.4%	9.8%	15.0%	56.7%	Compare
Citizens Financial Group	FY25	5.6%	22.2%	7.2%	11.3%	64.4%	Compare
Huntington Bancshares	FY25	10.6%	27.1%	10.0%	15.0%	61.4%	Compare

Each company's latest fiscal year. Fiscal years end in different months, so the periods don't line up exactly.

10 years of figures

Fiscal year	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Income statement
Revenue	6,311	7,022	6,930	8,333	7,612	7,888	8,375	8,708	8,479	9,017
Revenue growth	−3.4%	11.3%	−1.3%	20.2%	−8.7%	3.6%	6.2%	4.0%	−2.6%	6.3%
Net interest income	3,615	3,798	4,140	4,797	4,782	4,770	5,609	5,827	5,630	5,982
Noninterest income	2,696	3,224	2,790	3,536	2,830	3,118	2,766	2,881	2,849	3,035
Noninterest expense	3,760	3,782	3,958	4,660	4,718	4,748	4,719	5,205	5,033	5,144
Provision for credit losses	343	261	207	471	1,097	−377	563	515	530	662
Net income	1,547	2,180	2,193	2,512	1,427	2,770	2,446	2,349	2,314	2,522
Diluted EPS (US$)	1.91	2.81	3.06	3.33	1.83	3.73	3.35	3.22	3.14	3.53
Diluted shares (millions)	764	741	686	720	720	711	695	688	687	672
Payouts
Dividends paid	402	430	467	660	858	897	927	1,060	1,176	1,163
Share buybacks	661	1,605	1,453	1,763	0	1,393	100	200	625	525
Balance sheet at fiscal year end
Loans, net	90,845	90,774	94,162	108,356	106,329	110,158	119,286	114,912	117,439	120,398
Deposits	103,821	103,162	108,835	127,062	159,081	169,324	163,690	168,912	167,252	171,819
Total assets	142,080	142,081	146,069	169,369	204,680	211,116	207,452	214,574	212,927	214,376
Shareholders' equity	16,205	16,200	16,250	21,203	23,111	22,210	17,327	19,172	19,645	21,724
Ratios
Return on equity	9.7%	13.4%	13.5%	13.4%	6.4%	12.2%	12.4%	12.9%	11.9%	12.2%
Return on tangible common equity	12.0%	16.9%	17.1%	17.7%	8.4%	16.6%	18.2%	20.0%	17.6%	17.3%
Return on assets	1.1%	1.5%	1.5%	1.6%	0.8%	1.3%	1.2%	1.1%	1.1%	1.2%
Efficiency ratio	59.6%	53.9%	57.1%	55.9%	62.0%	60.2%	56.4%	59.8%	59.4%	57.0%

US$ millions unless stated. Where a later 10-K restated a year, the latest filed figure is shown. Download all figures (CSV, US$ millions)

Source: Fifth Third Bancorp's Form 10-K filings, from SEC EDGAR. For information only, not investment advice. The Filing Desk is not affiliated with Fifth Third Bancorp.