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Fifth Third Bank FITB Commercial Banking — Technology and communications

Other segment segments

Consumer and Small Business Banking
$11M+57.1%
Wealth And Asset Management
$3M—

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$274K+53.1%
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$5.1M+1.6%
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$3.38M+43.7%
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$111M+3.7%

Other financials

Income statement

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Revenue$2.8B+32.8%
Net income$165.0M-68.0%
EPS (diluted)$0.15-78.9%

Balance sheet

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Cash & equivalents$4.1B+35.7%
Total debt$20.0B+37.8%
Total equity$34.1B+67.2%
Total assets$297.04B+39.7%

Cash flow

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Operating cash flow-$1.1B-190%
CapEx$146.0M+24.8%
Free cash flow-$1.3B-212%

Valuation

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Market cap$51.03B+88.4%
Enterprise value$66.99B+73.5%
P/E23.5×+11.9×
P/S5.3×+2.1×

Profitability

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Net margin22.4%-4.7pp
FCF margin16.1%—

Returns & leverage

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Return on equity8%-3.7pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Fifth Third Bank in its filing.

Tagged under the XBRL concept us-gaap:CommunicationsAndInformationTechnology.

The official record: Fifth Third Bank’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fifth Third Bank's commercial banking — technology and communications?
Fifth Third Bank (FITB) reported commercial banking — technology and communications of $6M in Q1 2026.
How has Fifth Third Bank's commercial banking — technology and communications changed year-over-year?
Fifth Third Bank's commercial banking — technology and communications increased by 100.0% year-over-year, from $3M to $6M.
What is the long-term trend for Fifth Third Bank's commercial banking — technology and communications?
Over 4 years (2021 to 2025), Fifth Third Bank's commercial banking — technology and communications has grown at a -2.9% compound annual growth rate (CAGR), from $18M to $16M.
What does commercial banking — technology and communications mean?
This represents the costs associated with the IT infrastructure, software, and communication systems used to support commercial banking operations. It includes investments in digital banking platforms, cybersecurity, and data processing. Rising costs here often reflect strategic investments in digital transformation and operational scalability.