Organic momentum and integration progress advance the earnings power of the combined company

Reported EPS of $0.83; adjusted EPS^(a) of $1.02 excludes $0.19 of certain items on page 2

Fifth Third Bancorp (NYSE:FITB):

Key Financial Data										Key Highlights

$ in millions for all balance sheet and income statement items
	2Q26			1Q26			2Q25			Stability: Strong credit performance. Net charge-offs^(b) of 30 bps in 2Q26, the lowest level since 2Q23 Interest-bearing deposit costs decreased 2 bps sequentially to 2.13% Tangible common equity^(a) increased 43 bps year-over-year Profitability: Net interest margin^(a) expanded 6 bps sequentially Adjusted ROTCE^(a) improved 100 bps and adjusted ROA^(a) improved 9 bps year-over- year Disciplined expense management; adjusted efficiency ratio^(a)of 57.1% improved 480 bps sequentially Growth: Delivered $2.5 billion of consumer deposits from the Comerica Southwest marketing campaign Newline deposits up $2.1 billion and fee revenues up 35% year-over-year Legacy Fifth Third consumer household growth of 3%, including 7% in the Southeast

Income Statement Data
Net income available to common shareholders	$763			$128			$591
Net interest income (U.S. GAAP)	2,215			1,934			1,495
Net interest income (FTE)^(a)	2,220			1,939			1,500
Noninterest income	1,059			895			750
Noninterest expense	2,109			2,395			1,264

Per Share Data
Earnings per share, basic	$0.84			$0.16			$0.88
Earnings per share, diluted	0.83			0.15			0.88
Book value per share	35.56			35.24			28.47
Tangible book value per share^(a)	23.15			22.88			20.98

Balance Sheet & Credit Quality
Average portfolio loans and leases	$177,572			$157,632			$123,071
Average deposits	231,506			209,352			163,575
Accumulated other comprehensive loss	(3,345	)		(3,234	)		(3,546	)
Net charge-off ratio^(b)	0.30		%	0.37		%	0.45		%
Nonperforming asset ratio^(c)	0.60			0.57			0.72

Financial Ratios
Return on average assets	1.08		%	0.25		%	1.20		%
Return on average common equity	9.5			1.8			12.8
Return on average tangible common equity^(a)	15.6			3.5			17.6
CET1 capital^(d)	9.93			9.89			10.58
Net interest margin^(a)	3.36			3.30			3.12
Efficiency^(a)	64.3			84.5			56.2
Other than the Quarterly Financial Review tables beginning on page 14, commentary is on a fully taxable-equivalent (FTE) basis unless otherwise noted. Consistent with SEC guidance in Regulation S-K that contemplates the calculation of tax-exempt income on a taxable-equivalent basis, net interest income, net interest margin, net interest rate spread, total revenue and the efficiency ratio are provided on an FTE basis.

From Tim Spence, Fifth Third Chairman, CEO and President:

Fifth Third's second quarter was another step toward the earnings power we committed to deliver by year-end. Our core business continues to grow, with momentum across our fee businesses, led by wealth and asset management, commercial payments, and capital markets. The results were higher returns and tangible book value per share growth. Our balance sheet is well-positioned, supporting net interest margin expansion and improved credit performance.

The Comerica integration remains on track. Systems conversion is scheduled for Labor Day weekend and is the final step to unlocking the full run-rate of our expected cost synergies. Revenue synergies are emerging across our expanded footprint. Our deposit campaigns in the Comerica Southwest markets delivered results above our internal targets, and end-of-period commercial loan growth was broad-based across legacy geographies and specialty verticals.

Our capital generation supports both reinvestment in the business and consistent returns to shareholders. Investments in deposits, payments, technology, and high-growth markets are increasingly visible in our results. We are building a Fifth Third that is not just larger, but is better and more resilient. We will continue to be guided by our operating priorities of stability, profitability, and growth – in that order.

Income Statement Highlights
($ in millions, except per share data)	For the Three Months Ended			% Change
	June	March	June
	2026	2026	2025	Seq	Yr/Yr
Condensed Statements of Income
Net interest income (NII)^(a)	$2,220	$1,939	$1,500	14%	48%
Provision for credit losses	129	227	173	(43)%	(25)%
Noninterest income	1,059	895	750	18%	41%
Noninterest expense	2,109	2,395	1,264	(12)%	67%
Income before income taxes^(a)	$1,041	$212	$813	391%	28%

Taxable equivalent adjustment	$5	$5	$5	—	—
Applicable income tax expense	235	42	180	460%	31%
Net income	$801	$165	$628	385%	28%
Dividends on preferred stock	38	37	37	3%	3%
Net income available to common shareholders	$763	$128	$591	496%	29%
Earnings per share, diluted	$0.83	$0.15	$0.88	453%	(6)%

Fifth Third Bancorp (NYSE:FITB) today reported second quarter 2026 net income available to common shareholders of $763 million, or $0.83 per diluted share, compared to $128 million, or $0.15 per diluted share, in the prior quarter and $591 million, or $0.88 per diluted share, in the year-ago quarter.

The second quarter of 2026 marked an important milestone for Fifth Third, surpassing $300 billion in total assets and formally becoming a Category III institution. Fifth Third has been preparing for a Category III transition over multiple years through sustained investments in risk, capital, liquidity, and regulatory reporting and is well-positioned to meet all Category III requirements on or before required dates.

	Diluted earnings per share impact of certain item(s) - 2Q26
	(after-tax impact; $ in millions, except per share data)

	Merger-related charges^(e)^1,2	$(155)
	Securities repositioning losses^(e)	(8)
	Technology-related asset impairments^(e)	(5)
	Severance expense^(e)	(5)
	Interchange litigation matters^(e)3	(2)

	After-tax impactof certain item(s)	$(175)

	Diluted earnings per share impact of certain item(s)⁴	$(0.19)

	Totals may not foot due to rounding; ¹A portion of the adjustments related to merger-related expenses are not tax-deductible; ²Pre-tax merger-related charges increased noninterest expense by $203 million; ³Interchange litigation matters increased noninterest expense by $1 million and decreased noninterest income by $1 million; ⁴Diluted earnings per share impact reflects 915.959 million average diluted shares outstanding

Net Interest Income

(FTE; $ in millions)^(a)

For the Three Months Ended

% Change

June

March

June

2026