diff --git a/changelog/5335.bugfix.rst b/changelog/5335.bugfix.rst
new file mode 100644
index 000000000..0a2e99dc9
--- /dev/null
+++ b/changelog/5335.bugfix.rst
@@ -0,0 +1,2 @@
+Colorize level names when the level in the logging format is formatted using
+'%(levelname).Xs' (truncated fixed width alignment), where X is an integer.
diff --git a/src/_pytest/logging.py b/src/_pytest/logging.py
index a5f41173a..ee143cb41 100644
--- a/src/_pytest/logging.py
+++ b/src/_pytest/logging.py
@@ -39,7 +39,7 @@ class ColoredLevelFormatter(logging.Formatter):
         logging.DEBUG: {"purple"},
         logging.NOTSET: set(),
     }
-    LEVELNAME_FMT_REGEX = re.compile(r"%\(levelname\)([+-]?\d*s)")
+    LEVELNAME_FMT_REGEX = re.compile(r"%\(levelname\)([+-.]?\d*s)")
 
     def __init__(self, terminalwriter, *args, **kwargs):
         super(ColoredLevelFormatter, self).__init__(*args, **kwargs)
diff --git a/testing/logging/test_formatter.py b/testing/logging/test_formatter.py
index c851c34d7..7a63ab47e 100644
--- a/testing/logging/test_formatter.py
+++ b/testing/logging/test_formatter.py
@@ -65,3 +65,28 @@ def test_multiline_message():
         "dummypath                   10 INFO     Test Message line1\n"
         "                                        line2"
     )
+
+
+def test_colored_short_level():
+    logfmt = "%(levelname).1s %(message)s"
+
+    record = logging.LogRecord(
+        name="dummy",
+        level=logging.INFO,
+        pathname="dummypath",
+        lineno=10,
+        msg="Test Message",
+        args=(),
+        exc_info=False,
+    )
+
+    class ColorConfig(object):
+        class option(object):
+            pass
+
+    tw = py.io.TerminalWriter()
+    tw.hasmarkup = True
+    formatter = ColoredLevelFormatter(tw, logfmt)
+    output = formatter.format(record)
+    # the I (of INFO) is colored
+    assert output == ("\x1b[32mI\x1b[0m Test Message")