Company: FITBI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0000035527-25-000212
Chunk: 5

Company: FIFTH THIRD BANCORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 7
Chunk 5
---
,835 3,807 1Net income649 573 131,791 1,694 6Net income available to common shareholders608 532 141,677 1,573 7Common Share DataEarnings per share - basic$0.91 0.78 17$2.51 2.30 9Earnings per share - diluted0.91 0.78 172.49 2.28 9Cash dividends declared per common share0.40 0.37 81.14 1.07 7Book value per share29.26 27.60 629.26 27.60 6Market value per share44.55 42.84 444.55 42.84 4Financial RatiosReturn on average assets1.21 %1.06 141.13 %1.06 7Return on average common equity12.6 11.7 812.1 12.3 (2)Return on average tangible common equity(b)17.3 16.3 616.8 17.6 (5)Dividend payout44.0 47.4 (7)45.4 46.5 (2)

(a)Amounts presented on an FTE basis. The FTE adjustments were $5 and $6 for the three months ended September 30, 2025 and 2024, respectively, and $15 and $18 for the nine months ended September 30, 2025 and 2024, respectively.

(b)This is a non-GAAP measure. For further information, refer to the Non-GAAP Financial Measures section of MD&A.

Earnings Summary

Net income available to common shareholders for the third quarter of 2025 was $608 million, or $0.91 per diluted share, compared to $532 million, or $0.78 per diluted share, for the third quarter of 2024. Preferred stock dividends were $41 million for both the third quarters of 2025 and 2024. Net income available to common shareholders for the nine months ended September 30, 2025 was $1.7 billion, or $2.49 per diluted share, compared to $1.6 billion, or $2.28 per diluted share, for the nine months ended September 30, 2024. Preferred stock dividends were $114 million and $121 million for the nine months ended September