Fifth Third Bancorp announced cash dividends for its common shares and multiple series of preferred shares, providing returns to shareholders for the second quarter of 2026. The common dividend is set at $0.40 per share, payable on July 15, 2026, to shareholders of record as of June 30, 2026. This declaration underscores the bank's commitment to returning capital to its investors amidst its ongoing operations.

Preferred Share Dividends

In addition to the common stock dividend, Fifth Third Bancorp declared cash dividends on seven distinct series of preferred shares. These dividends vary in rate and payment dates, with most payable on June 30, 2026, to shareholders of record as of June 26, 2026. The Series M dividend is the exception, payable on July 1, 2026.

Dividend Details by Series

The following table outlines the dividend rates and relevant details for each preferred share series:

Share Ownership Structure

The depositary shares represent fractional ownership interests in the corresponding preferred stock. For Series H and Series J, each depositary share represents a 1/25th ownership interest. Series I, Series K, and Class B Series A depositary shares represent a 1/1000th ownership interest, while Series M depositary shares represent a 1/40th ownership interest.

Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, National Association. Its common stock is traded on the NASDAQ Global Select Market under the symbol "FITB."

Fifth Third Bank Chief Information Officer Jude Schramm has been named to American Banker's inaugural Most Innovative People in Finance list for his role in advancing enterprise AI and next-generation customer experiences. The list recognizes executives driving transformation across banking, payments, technology, and digital financial services. Schramm, who joined the bank in 2018, has been instrumental in accelerating Fifth Third's modernization efforts and expanding its digital capabilities.

Scaling AI and Digital Capabilities

Schramm's work focuses on scaling artificial intelligence across the enterprise while improving customer interactions through faster and more personalized digital experiences. His leadership reflects a broader industry shift toward operationalizing AI to deliver measurable impact for both customers and employees. Under his direction, the bank has significantly increased the pace of technology delivery.

Technology Delivery Milestones

The bank's technology delivery has grown substantially since 2021. The following table highlights the increase in major mobile app technology upgrades:

This rapid increase enables faster innovation and more seamless experiences for customers and employees.

Leadership and Future Focus

"Jude has helped lead how Fifth Third is putting technology and AI to work in ways that improve the customer experience and make us a better, more effective bank," said Tim Spence, chairman, CEO and president of Fifth Third. Spence highlighted Schramm's discipline and focus on scaling critical capabilities. Looking ahead, Schramm aims to complete the integration of Comerica's systems, further advance AI usage, and strengthen the bank's scalable technology infrastructure to support future growth.

All honorees will be recognized at American Banker's Digital Banking Conference and the Most Innovative People in Finance and Innovation of the Year awards dinner on June 16.