Fifth Third Bancorp Misses Q2 Revenue Estimates Despite Higher Earnings
Fifth Third Bancorp reported second-quarter Non-GAAP earnings of $1.02 per share, beating estimates by $0.04, but revenue came in at $3.24 billion, missing expectations by $10 million despite a strong year-over-year increase of 44%. Net interest income and noninterest income both rose significantly compared to the prior year.
Tickers: $FITB
Topics: Earnings Financial Performance Net Interest Income Noninterest Income