Yes but of the five Sola's "Sola Fide" is the only requirement by us for salvation. We are saved by faith and faith alone, not faith + baptism, as the verses I previously quoted clearly state. Baptism contributes nothing to our salvation.
Baptism is a valuable ordinance commanded after a person is saved, as shown by the patterns of baptism described in scripture. There are numerous reasons for being baptised, but a contribution to salvation is not one of them. There is nothing magical that happens when we are baptised such as receiving the Holy Spirit or being cleansed from sin.
Ephesians 5:26 makes no mention of baptism. The ordinance has to be read into the text, which is not sound exegesis. If Paul was referring to baptism he would undoubtedly have used that word.
More likely, "washing of water by the word" is a metaphor for the cleansing effect of the God's word. cf. John 15:3,
"you are already clean because of the word I have spoken to you". Paul is comparing the sanctifying effect of God's word with washing with water, and specifically the bridal bath which Jewish brides undertook before their wedding. Remember the context of this verse is the relationship between husbands and wives, and the subsequent verses clearly allude to the church being the "bride of Christ".
Also notice the whole church here is pictured as being washed, whereas baptism is a rite only for the individual - a further indication that Paul is not referring to baptism here. It is people who are baptised, not the church as a whole.
Note also that the water described here is used for washing, but the water in Christian baptism is never used for washing, nor is it ever used as such in scripture accounts. When I stepped into the baptistry pool 22 years ago, I never took a bar of soap with me!
It is not the waters of baptism that washes away sin, it is the blood of Jesus Christ (1 John 1:7) and baptism is only a symbol of that true cleansing.
Scripture makes it abundantly clear that sins are washed away the moment we repent of our sins and turn to Christ in faith....
Acts 3:19 "Repent, then, and turn to God so that your sins may be wiped out"
Acts 10:43 "everyone who believes in Him receives forgiveness of sins."
Luke 24:47 "repentance for the forgiveness of sins will be preached in his name to all nations"
Acts 5:31 "God exalted him to his own right hand as Prince and Saviour that he might bring Israel to repentance and forgive their sins."
Acts 13:37-38 "I want you to know that through Jesus the forgiveness of sins is proclaimed to you. Through him everyone who believes is set free from every sin"
Luke 5:20 Seeing their faith, He said, “Friend, your sins are forgiven you.”
Although at first glance 1 Peter 3:21 appears to say that baptism is salvific ("baptism now saves you"), that cannot be the literal meaning because it would contradict the dozens of other verses that say salvation is attained when a person puts their faith in Christ. And there can be no contradictions in scripture. (See Luke 7:50; 8:12; John 3:16; 6:36; 5:24; 3:36; 5:24; 6:40; 6:47; 11:25-26; 20:31; Acts 2:21; 10:43; 13:39; 16:30-31; 26:18; Romans 1:16; 3:22; 2:16; Ephesians 1:13-14; 2:8; 1 Corinthians 1:21; 15:2; Phil. 3:9; 1 Timothy 4:10; 2 Timothy 3:15; Hebrews 10:39; 1 Peter 1:5; 1:9; 1 John 5:13)
Peter is not saying that the act of baptism provides salvation. It is not the outward physical ceremony of baptism that saves, but rather the inward spiritual reality which baptism represents. Peter makes this clear by saying that baptism is not the removal of filth from the flesh (ie. cleansing of sin), but rather an appeal to God for a clear conscience. ie what saves is crying out to the Lord for forgiveness because "
everyone who calls on the name of the Lord will be saved" (Rom 10:13) and that occurs before baptism. The saving is done “through the resurrection of Jesus Christ” and not “through water”. Notice Peter's analogy to Noah's ark. It was boarding the ark that saved Noah from divine wrath, not being immersed in flood water. The ark is a type of Christ, a picture of the means of being saved by putting our trust in Christ. And Peter says that baptism is a similar corresponding type,
"Corresponding to that, baptism...". So baptism too is an external picture of the inward reality of salvation.
See also...
Does 1 Peter 3:21 teach that baptism is necessary for salvation? | GotQuestions.org
Neither of those verses make any mention of baptism.