Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.
Fifth Third Bancorp (NASDAQ:FITB ) Q2 2023 Earnings Conference Call July 20, 2023 9:00 AM ET Company Participants Chris Doll - Director-Investor Relations Timothy Spence - President and Chief Executiv
Increases in the fee income and NII aid Fifth Third's (FITB) Q2 revenue growth, while higher expenses act as a headwind.
Fifth Third Bancorp (FITB) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.79 per share a year ago.
Fifth Third Bancorp on Thursday posted a better-than-expected second-quarter profit, as interest rate hikes by the U.S. central bank boosted its interest income.
The market expects Fifth Third Bancorp (FITB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2023.

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While soft loan demand and higher rates are likely to have dented Fifth Third's (FITB) Q2 NII, heightening recession fears and elevated expenses are expected to have acted as dampeners.
JPMorgan Chase JPM, +0.50% was downgraded to neutral from buy at Citi ahead of second-quarter earnings for the banking sector. Citi analysts led by Keith Horowitz said JPMorgan's premium valuation has
Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big
Christopher Marinac, Janney Montgomery Scott director of research, joins 'Fast Money' to discuss the results of the Federal Reserve's banking stress test and what that means for bank stocks moving for
J.P. Morgan analyst Vivek Juneja on Tuesday cut price targets on nine major U.S. banks due to his “cautious” view on the sector in the face of increased regulatory requirements, declining net inte
Fifth Third Bancorp receives a Strong Buy rating. Positives are dividend yield near 5%, strong capital and liquidity, a business that benefits from current macro environment with high interest rates,
The chairman of the Federal Deposit Insurance Corp. said Thursday that U.S. regulators are considering a plan to include banks with assets as low as $100 billion in the international regime for capita
Several regional banks, including KeyCorp (KEY), Comerica (CMA), Fifth Third (FITB), Zions (ZION) and Citizens Financial (CFG), lower Q2 top-line expectations on higher rates, rising deposit costs and
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