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Fifth Third Bancorp (FITB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended March 2026, Fifth Third Bancorp (FITB - Free Report) reported revenue of $2.83 billion, up 33% over the same period last year. EPS came in at $0.83, compared to $0.73 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.86 billion, representing a surprise of -0.86%. The company delivered an EPS surprise of -1.16%, with the consensus EPS estimate being $0.84.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Fifth Third Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Efficiency Ratio (FTE): 84.5% versus the four-analyst average estimate of 61.8%.
  • Net interest margin (FTE): 3.3% versus the four-analyst average estimate of 3.2%.
  • Tangible book value per share (including AOCI): $22.88 versus the three-analyst average estimate of $20.65.
  • Net charge-off ratio (NCO ratio): 0.4% versus the three-analyst average estimate of 0.4%.
  • Average Balance - Total interest-earning assets: $237.96 billion versus $243.72 billion estimated by three analysts on average.
  • Book value per share: $35.24 versus the three-analyst average estimate of $30.35.
  • Return on average assets: 0.3% versus the two-analyst average estimate of 0.4%.
  • Regulatory Capital Ratios - Leverage: 10.2% versus the two-analyst average estimate of 9.6%.
  • Return on average common equity: 1.9% versus 10.7% estimated by two analysts on average.
  • Regulatory Capital Ratios - Tier 1 risk-based Capital: 10.9% compared to the 10.6% average estimate based on two analysts.
  • Total nonperforming assets: $1.14 billion compared to the $1 billion average estimate based on two analysts.
  • Tangible common equity (including AOCI): 7.3% versus 7.2% estimated by two analysts on average.

View all Key Company Metrics for Fifth Third Bancorp here>>>

Shares of Fifth Third Bancorp have returned +13.4% over the past month versus the Zacks S&P 500 composite's +5.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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