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CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB) and Eldridge today announced a strategic partnership to offer private credit arrangements to Commercial Bank clients. This program is built to enhance the ability for both parties to meet emerging and evolving needs and provide reliable private credit solutions to clients. “This marks a significant moment in providing a private credit solution for our clients,” said Kevin Khanna, head of Commercial Banking. “By uniting complementar.
CINCINNATI--(BUSINESS WIRE)--Fifth Third (NASDAQ: FITB) was again named Best Treasury and Cash Management Bank (US, Regional) by Global Finance magazine for 2025. This makes Fifth Third a two-time honoree in the Midwest region, and this year, Fifth Third was also recognized in the Southeast region. The award was announced by Global Finance as part of its 25th annual Best Treasury and Cash Management Banks Award program. “Receiving the award for Best Treasury and Cash Management Bank two years i.
CINCINNATI--(BUSINESS WIRE)--Fifth Third (NASDAQ: FITB) announced today that it has been recognized by Euromoney's Awards for Excellence as the “U.S. Best Super-Regional Bank” for the second consecutive year. The Euromoney Awards for Excellence program evaluates bank performance from Jan. 1-Dec. 31, 2024, and recognizes banks that bring the highest level of service, innovation and solutions to their customers. “Earning this award for the second consecutive year reflects Fifth Third's discipline.
FITB beats Q2 estimates as higher NII, fee income, and loan growth drive gains despite rising expenses and credit issues.
I upgrade FITB to neutral as credit risk has stabilized and national loan loss trends have improved, reducing immediate downside risk. Deposit declines and overreliance on low-cost, non-sticky funding threaten FITB's net interest margin if rates don't fall as much as management hopes. FITB's valuation remains high at 2.2x tangible book, leaving little margin for error if net interest income growth slows or credit costs rise.
Fifth Third Bancorp (NASDAQ:FITB ) Q2 2025 Earnings Conference Call July 17, 2025 9:00 AM ET Company Participants Bryan D. Preston - Executive VP & CFO Greg Schroeck - Corporate Participant Matt Curoe - Corporate Participant Timothy N.
Fifth Third Bancorp (FITB -1.88%) reported results for Q2 2025 on July 17, 2025, exceeding analysts' consensus expectations with adjusted (non-GAAP) EPS of $0.90, 6% adjusted revenue growth year over year, and 7% net interest income (NII) growth year over year. Management raised full-year NII and operating leverage guidance, announced that share repurchases will resume in Q3 2025, and emphasized resilience in both balance sheet positioning and strategic expansion in the Southeast.
Fifth Third Bancorp saw its investments in tech-enabled products continue to pay off in the second quarter, Fifth Third Chairman, CEO and President Tim Spence said Thursday (July 17) during the company's quarterly earnings call.
Tim Spence, Fifth Third Bancorp CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent earnings, expectations for commercial loan growth, and much more.