Fifth Third Announces Second Quarter 2018 Net Income to Common Shareholders of $563 Million, or $0.80 Per Diluted Share
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Fifth Third Bancorp (FITB) PT Lowered to $27 at Evercore ISI
July 20, 2018 6:54 AM EDTEvercore ISI lowered its price target on Fifth Third Bancorp (NASDAQ: FITB) to $27.00 (from $29.00) while maintaining a Underperform rating.
Analyst John Pancari is modestly lowering 2018 and 2019 EPS ests from $2.55 and $2.76 to $2.52 and $2.74 to reflect a lower NIM & NII trajectory related to... More
Fifth Third Bancorp (FITB) Tops Q2 EPS by 23c
July 19, 2018 6:34 AM EDTFifth Third Bancorp (NASDAQ: FITB) reported Q2 EPS of $0.80, $0.23 better than the analyst estimate of $0.57.
We had a very productive second quarter and remained focused on achieving our long-term objectives. Our quarterly results were very strong, as evidenced by the continued expansion in our net interest margin, lower operating expenses, record capital markets revenueand another very significant decline in the level of criticized assets. Our commercial middle market loan originations were also very strong and we expect this trend to continue over the remainder of the year,... More
