FIFTH THIRD BANCORP (FITB): Other Events

Fifth Third Bancorp (FITB) announced the redemption of its $500 million 1.707% Fixed Rate/Floating Rate Senior Notes due 2027. The notes will be redeemed on November 1, 2026, at a price equal to the principal amount plus accrued interest. The redemption is one year prior to the notes' maturity date.

FIFTH THIRD BANCORP (FITB) filed an SEC Form 8-K — Other Events. NEWS RELEASE CONTACTS September 23, 2026 Matt Curoe (Investor Relations) matt.curoe@53.com | 513-534-2345 Jennifer Hendricks Sullivan (Media Relations) Jennifer.Hendricks.Sullivan@53.com | 614-744-7693 Fifth Third Bancorp Announces Expiration and Results of Registered Exchange Of

Fifth Third Bancorp (FITB) stock rose 0.7% in pre-market trading after Citi upgraded it to Buy, citing 15 Buy ratings and an estimated fair value of $59.04. The bank recently increased its quarterly dividend by 5% and expects strong Q3 2026 earnings, according to management. The stock's 52-week range is $40.05 to $59.50.

Fifth Third Bancorp (FITB) completed its merger with Comerica, integrating 600,000 customers and 293 branches. The bank now ranks ninth in the U.S. by assets, with over $300 billion. Early results show deposit growth and improved margins, but merger costs and funding pressures remain. Hedge fund ownership declined, and the stock's P/E ratio is 10.82, reflecting mixed investor sentiment.

Major U.S. banks, including JPMorgan, Bank of America, and others, raised their prime lending rate to 7% after the Federal Reserve's quarter-point rate hike. The move increases borrowing costs for consumers and businesses. Bank stocks fell, with BofA down 2.7%, Citi 2.4%, and JPMorgan 1%. Rate hikes may boost bank earnings but could also slow economic activity and impact credit quality.

Major U.S. banks, including JPMorgan, Bank of America, and Citigroup, raised their prime lending rates to 7% following the Federal Reserve's quarter-point increase in the federal funds rate to 3.75%-4%. The Fed cited persistent inflation. Bank stocks fell, reflecting mixed investor sentiment. The Fed projects further rate hikes, with implications for borrowers and the broader economy.