...Ratings Affirmed: The affirmation of Fifth Third Bancorp's (FITB) Viability Rating (VR) reflects its solid execution in expanding market positions, a conservative risk profile, solid capital management and a good funding and liquidity profile. Fitch Ratings believes the successful integration of Comerica Inc. (CMA) will likely improve the profitability of FITB over time. FITB's long-term senior unsecured and subordinated debt ratings were downgraded to 'BBB+' and 'BBB', respectively. This represents the application of baseline notching per Fitch's rating criteria. Fitch applies baseline notching to U.S. Category III and higher banks. FITB's downgrade reflects its crossing of the Category III regulatory asset threshold in 2Q26, as detailed in its rating action commentary, dated Jan. 30, 2026. Diversified Business Mix: Fitch views FITB's business profile as a rating strength, reflecting a diversified, high-quality business and revenue mix that is durable across interest rate cycles. The...
