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Fifth Third Bancorp (FITB) shares are down 30% from their high, with solid Q1 results not enough to offset economic growth fears. Net interest margin improved to 3.03% despite a decline in average deposits, reflecting effective cost controls and deposit re-pricing. Loan growth was strong at 2% sequentially, but economic uncertainty and tariff impacts pose risks to future growth and loan demand.
Fifth Third Bancorp executives highlighted their proactive management and the bank's ability to navigate uncertain environments during a conference call Thursday (April 17) discussing first-quarter earnings. They said these qualities are especially relevant at times like the present, when potential tariffs could lead to any number of different scenarios through the remainder of the year.
Fifth Third Bancorp (NASDAQ:FITB ) Q1 2025 Earnings Conference Call April 17, 2025 9:00 AM ET Company Participants Matt Curoe - Investor Relations Tim Spence - Chairman, CEO & President Bryan Preston - Executive VP & CFO Greg Schroeck - EVP & CCO Conference Call Participants Gerard Cassidy - RBC Capital Markets Ebrahim Poonawala - Bank of America Scott Siefers - Piper Sandler Mike Mayo - Wells Fargo Manan Gosalia - Morgan Stanley Ken Usdin - Autonomous Research Peter Winter - DA Davidson Operator Thank you for standing by. My name is Kate, and I will be your conference operator today.
FITB's first-quarter 2025 results reflect a rise in NII and a reduction in expenses on a year-over-year basis. Non-interest income registers a decline.
Tim Spence, Fifth Third Bancorp CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, any changes in behavior of the commercial borrower, and much more.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp Reports First Quarter 2025 Diluted Earnings Per Share of $0.71.
Although the revenue and EPS for Fifth Third Bancorp (FITB) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Although the revenue and EPS for Fifth Third Bancorp (FITB) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fifth Third Bancorp (FITB) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.76 per share a year ago.
Fifth Third Bancorp reaffirmed the forecast for its annual net interest income growth on Thursday, as the lender banked on its ability to manage risks from the economic fallout of U.S. and China's escalating tariff war.