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Fifth Third Bank FITB Wealth And Asset Management — Net occupancy expense

Other segment segments

Consumer and Small Business Banking
$77M+42.6%
Commercial Banking
$12M+33.3%

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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:OccupancyNet.

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 wealth and asset management — net occupancy expense?
Fifth Third Bank (FITB) reported wealth and asset management — net occupancy expense of $5M in Q1 2026.
How has Fifth Third Bank's wealth and asset management — net occupancy expense changed year-over-year?
Fifth Third Bank's wealth and asset management — net occupancy expense increased by 66.7% year-over-year, from $3M to $5M.
What is the long-term trend for Fifth Third Bank's wealth and asset management — net occupancy expense?
Over 4 years (2021 to 2025), Fifth Third Bank's wealth and asset management — net occupancy expense has grown at a -6.9% compound annual growth rate (CAGR), from $16M to $12M.
What does wealth and asset management — net occupancy expense mean?
This represents the net costs associated with physical office space and facilities used by the Wealth and Asset Management segment. It includes rent, utilities, and maintenance costs after accounting for any sublease income.