Fifth Third Bancorp reported a rise in second-quarter 2025 profit, with adjusted revenues reaching $2.25 billion (FTE), a robust 6% increase year-over-year. Net Interest Income (NII) on an FTE basis grew to $1.50 billion, up 7% year-over-year and 4% sequentially, driven by broad-based loan growth and effective deposit cost management.
The company's Net Interest Margin (NIM) expanded 9 basis points sequentially to 3.12%, contributing to a 10% year-over-year increase in adjusted Pre-Provision Net Revenue (PPNR). Fifth Third achieved 250 basis points of positive operating leverage and an 18% adjusted return on tangible common equity, while the efficiency ratio improved to 55.5%.
Noninterest income reached $750 million, up 8% year-over-year, fueled by a 4% increase in wealth fees and a 6% rise in consumer banking fees, with the Newline embedded payments platform driving 30% revenue growth in commercial payments. The company raised its full-year NII guidance to an increase of 5.5% to 6.5% and expects full-year average total loan growth of 5% compared to 2024, with net charge-offs anticipated in a tightened range of 43 to 47 basis points.
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