Adjusted pre-provision net revenue rose 8% sequentially in the third quarter. Retail deposits in Dallas and Houston grew over 20% year-over-year.
Fifth Third Bancorp NASDAQ: FITB reported third-quarter earnings per share of $0.90, or $1.13 excluding certain items, as the regional bank completed the technical conversion tied to its acquisition of Comerica and continued to post loan and deposit growth.
While the top- and bottom-line numbers for Fifth Third Bancorp (FITB) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Fifth Third Bancorp (NASDAQ:FITB), the US banking group, increased its third-quarter net income available to common shareholders by 36% year-on-year to $828 million as the integration of Comerica strengthened its earnings base. Diluted earnings per share fell 1% to $0.90 from $0.91 a year earlier, while adjusted earnings per share reached $1.13 after excluding $0.23 of costs and other items.
Fifth Third Bancorp (FITB) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.93 per share a year ago.
Washington Trust Bancorp, Inc. remains rated Hold as an asset and credit quality, while improved, still present concerns. WASH's net interest margin increased to 2.73%, and wealth management revenue rose, driving net income up year-over-year. Valuation remains somewhat elevated with a P/E of 12.8, and non-performing assets and loans have surpassed preferred thresholds.
NB Bancorp, Inc. delivered decent Q3 results amid sector volatility, maintaining disciplined growth and expanding its balance sheet post-BankProv integration. NBBK reported robust revenue and net interest income growth, with Q3 EPS of $0.58 and adjusted EPS of $0.60, both showing strong sequential and year-over-year gains. Deposit and loan growth remained healthy, with core deposits up 4.1% and total gross loans up 5.3% sequentially, while net interest margin held strong at 3.97% but has narrowed.
NB Bancorp remains a ‘buy' as asset quality is strong and shares trade at attractive earnings and book multiples. Recent growth is driven by the Provident Bancorp merger, with organic deposit and loan expansion supporting the investment thesis. NBBK's net interest margin improved to 3.97%, and return on assets and equity exceed key thresholds for quality banks.
U.S. Bancorp gets upgraded to a buy, reflecting strong Q3 earnings, robust credit ratings, and a favorable consensus outlook. USB delivered record Q3 net revenue, with 5.6% YoY net interest income growth, 14.9% fee growth, and 8% YoY average loan growth. ROE and operating margin trends outpace peers, while a diversified loan book and physical branch network support resilience and brand strength.
Hope Bancorp is rated Buy, trading below book value and at a 43% discount to the financial sector despite a forward ROE 5.6x higher than the sector median. The MANUBANK acquisition is expected to drive near-term earnings growth, with management guiding for 20% loan and 15–20% revenue growth in FY26. NIM expansion, robust CET1 ratio (12.3%), and stable asset quality support a 4.2% yield and ongoing share repurchases.
U.S. Bancorp delivered better-than-expected Q3 earnings, driven by strong fee-based growth and robust commercial loan demand. USB achieved 10% year-over-year earnings growth and more than 5% net interest income growth, underpinned by expanding its commercial loan portfolio. Shares are valued attractively at 1.47x book value, with upside risk skewed due to a favorable rate environment and resilient fundamentals.
USB's Q3'26 earnings beat estimates on higher net interest income, fee growth and loan expansion, despite rising expenses and credit loss provisions.