Fifth Third Bancorp 3Q Net Profit Rose

Date : 10/22/2019 @ 12:08PM
Source : Dow Jones News
Stock : Fifth Third Bancorp (FITB)
Quote : 15.865  -1.285 (-7.49%) @ 12:30AM
After Hours
Last Trade
Last $ 15.85 ▼ -0.02 (-0.09%)

Fifth Third Bancorp 3Q Net Profit Rose

Fifth Third Bancorp (NASDAQ:FITB)
Historical Stock Chart

6 Months : From Sep 2019 to Mar 2020

Click Here for more Fifth Third Bancorp Charts.

By Pietro Lombardi

 

Fifth Third Bancorp (FITB) on Tuesday reported an increased in net income, supported by growing net interest income and noninterest income.

The regional banking company earned a quarterly profit of $549 million, or 71 cents a share, compared with $436 million, or 61 cents, for the same period last year. This compares with analysts' expectations of 72 cents, according to FactSet.

Net interest income rose to $1.24 billion from $1.04 billion, while noninterest income grew 31% to $740 million

"Our strong third-quarter results reflect the ongoing discipline throughout the bank and the strength of our diversified revenue streams," Chief Executive Greg Carmichael said.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

October 22, 2019 06:53 ET (10:53 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest FITB Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


$
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.