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Fifth Third Bank FITB Wealth And Asset Management — Technology and communications

Other segment segments

Consumer and Small Business Banking
$11M+57.1%
Commercial Banking
$6M+100%

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$735K-0.9%

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 wealth and asset management — technology and communications?
Fifth Third Bank (FITB) reported wealth and asset management — technology and communications of $3M in Q1 2026.
What is the long-term trend for Fifth Third Bank's wealth and asset management — technology and communications?
Over 4 years (2021 to 2025), Fifth Third Bank's wealth and asset management — technology and communications has grown at a -100.0% compound annual growth rate (CAGR), from $1M to $0.
What does wealth and asset management — technology and communications mean?
This metric tracks the costs associated with technology infrastructure, software, and communication systems specifically allocated to the Wealth and Asset Management segment. It reflects the investment in digital platforms and client-facing tools.