FITB Stock Recent News
FITB LATEST HEADLINES
Ohio-based Fifth Third Bancorp is seeing gains from its investments in new branches in the Southeast U.S. and its digital banking platform. Fifth Third generated year-over-year household growth of 2.3%, with that figure being 6% in the Southeast, Fifth Third Chairman, CEO and President Tim Spence said Tuesday during the bank's quarterly earnings call.
The Investment Committee discuss how to trade some of their stocks on the move today.
Fifth Third Bancorp (NASDAQ:FITB ) Q4 2024 Earnings Conference Call January 21, 2025 9:00 AM ET Company Participants Matt Curoe - Senior Director, IR Tim Spence - Chairman, CEO & President​ Bryan Preston - CFO Greg Schroeck - CCO Conference Call Participants Scott Siefers - Piper Sandler Mike Mayo - Wells Fargo Thomas Leddy - RBC Ebrahim Poonawala - Bank of America Manan Gosalia - Morgan Stanley Brian Foran - Truist Securities John Pancari - Evercore Matt O'Connor - Deutsche Bank Erika Najarian - UBS Christopher Marinac - Janney Montgomery Scott Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
FITB's Q4 2024 earnings benefit from an increase in NII, loan balance and strong capital position. Yet, weak asset quality remains a concern.
While the top- and bottom-line numbers for Fifth Third Bancorp (FITB) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Fifth Third Bancorp (FITB) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.99 per share a year ago.
Fifth Third Bancorp reported a rise in fourth-quarter profit on Tuesday, driven by a recovery in dealmaking across the industry and higher wealth and asset management fees.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp Reports Fourth Quarter 2024 Diluted Earnings Per Share of $0.85.
Investors with an interest in Banks - Major Regional stocks have likely encountered both U.S. Bancorp (USB) and Fifth Third Bancorp (FITB). But which of these two stocks is more attractive to value investors?
The monthly S&P 500 and NASDAQ composite cycles bottomed last week. There may be a minor pullback next month, but the overall uptrend is intact.