Fifth Third Bancorp Q3 调整后 EPS 超预期但 Q4 非息收入指引低于共识，盘初仅涨约1.2%

Fifth Third Bancorp ( FITB ) stock gained 1.2% in early Monday trading after its Q3 earnings and revenue topped the Wall Street Consensus estimates, helped by a lower-than-expected provision for credit losses and noninterest expenses. Its guidance indicated that Q4 expenses will be lower than analysts anticipated. The Cincinnati, Ohio-based bank expects Q4 net interest income growth of 2.5%-3.5% from its Q3 NII of $2.28B. Q4 noninterest income is expected to increase 2%-4% from Q3's $1.05B. Meanwhile, its noninterest expense is expected to drop 2%-3% from Q3's $1.82B, excluding items. That implies Q4 NII of $2.33B-$2.36B vs. S&P Cap IQ consensus of $2.33B; noninterest income of $1.03B-$1.05B vs. consensus of $1.09B; and noninterest expense of $1.77-$1.78B vs. $1.79B consensus. Q3 adjusted EPS of $1.13 (excluding the $0.23 impact from certain items), topping the $0.98 consensus estimate, rose from $1.02 in Q2 and $0.93 in last year’s Q3. Q3 adjusted total revenue of $3.26B, beating the average analyst estimate of $3.25B, increased from $2.86B in the prior quarter and $2.24B a year ago. Fifth Third ( FITB ) shares gained 0.5% in early trading. "Less than a year after we announced the Comerica acquisition, we completed the systems conversion with strong client and banker retention," said Chairman, CEO, and President Tim Spence. "Most importantly, the business is growing. The latest FDIC data show sustained deposit share gains in the Southeast and new share gains in Comerica's Michigan, Texas, and California markets, and household growth continues to be led by the Southeast. Net interest income (fully taxable equivalent) of $2.28B, in line with the S&P CapIQ consensus of $2.28B, rose from $2.22B in Q2 and from $1.53B in Q3 2025. Net interest margin of 3.34% edged down from 3.36% in the previous quarter and increased from 3.13% in the year-ago period. Noninterest income of $1.01B, beating the S&P CapIQ estimate of $1.07B, dropped from $1.06B in the previous quarter and increased from $781M a year ago. Provision for credit losses declined to $122M, lower than the $159M consensus, from $129M in Q2 and $197M in last year’s Q3. Q3 noninterest expense of $2.05B, less than the $2.07B S&P CapIQ consensus, grew from $2.11B in the prior quarter and $1.27B a year ago. Average portfolio leases of $179.2B vs. $177.6B in Q2. Average deposits of $238.3B vs. $231.5B in the prior quarter.