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Fifth Third Bank FITB Amortization of capitalized software and acquired intangible assets

Amortization of capitalized software and acquired intangible assets at other companies

U.S. Bancorp logo
U.S. BancorpUSB
$114M-8.1%
First Financial Bancorp logo
First Financial BancorpFFBC
$6.23M+164%
Huntington Bancshares logo
Huntington BancsharesHBAN
WesBanco logo
WesBancoWSBC
Peoples Bancorp logo
Peoples BancorpPEBO
Old National Bancorp logo
Old National BancorpONB

Other financials

Income statement

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Revenue$3.3B+45.8%
Net income$801.0M+27.5%
EPS (diluted)$0.83-5.7%

Balance sheet

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Cash & equivalents$4.4B+47.2%
Total debt$17.6B+21.7%
Total equity$34.4B+63.0%
Total assets$300.12B+42.9%

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$51.77B+89.5%
Enterprise value$65.04B+67.5%
P/E22.1×+10.4×
P/S4.8×+1.7×

Profitability

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Net margin21.8%-5.1pp
FCF margin16.1%

Returns & leverage

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Return on equity8.4%-3.1pp
Debt / equity0.5×-0.2×

Where this comes from

Reported directly by Fifth Third Bank in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.

The source filing: Fifth Third Bank’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:58 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000035527-26-000182

As of March 31, 2026, all of the Bancorp’s intangible assets were being amortized. Amortization expense recognized on intangible assets was $45 million and $8 million for the three months ended March 31, 2026 and 2025, respectively. The Bancorp’s projections of amortization expense shown in the following table are based on existing asset balances as of March 31, 2026. Future amortization expense may vary from these projections.

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FAQ

What is Fifth Third Bank's amortization of capitalized software and acquired intangible assets?
Fifth Third Bank (FITB) reported amortization of capitalized software and acquired intangible assets of $45M in Q1 2026.
How has Fifth Third Bank's amortization of capitalized software and acquired intangible assets changed year-over-year?
Fifth Third Bank's amortization of capitalized software and acquired intangible assets increased by 462.5% year-over-year, from $8M to $45M.

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