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Fifth Third Bank FITB Gross charge-offs

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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$52.24B+91.3%
Enterprise value$65.5B+68.7%
P/E22.3×+10.6×
P/S4.9×+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:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff.

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
For the three months ended March 31, 2026 ($ in millions)CommercialResidential MortgageConsumerTotal
Balance, beginning of period$1,1861099582,253
Losses charged-off(a)(b)(77)(110)(187)
Recoveries of losses previously charged-off(a)(b)83543
Provision for (benefit from) loan and lease losses60(7)99152
Allowance on PCD loans and leases at acquisition17721180
Allowance on PSLs at acquisition466411481
Balance, end of period$1,8201089942,922

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FAQ

What is Fifth Third Bank's gross charge-offs?
Fifth Third Bank (FITB) reported gross charge-offs of $187M in Q1 2026.
How has Fifth Third Bank's gross charge-offs changed year-over-year?
Fifth Third Bank's gross charge-offs increased by 8.1% year-over-year, from $173M to $187M.

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