Fifth Third Announces Second Quarter 2018 Net Income to Common Shareholders of $563 Million, or $0.80 Per Diluted Share

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Go back to Fifth Third Announces Second Quarter 2018 Net Income to Common Shareholders of $563 Million, or $0.80 Per Diluted Share

Fifth Third Bancorp (FITB) PT Lowered to $27 at Evercore ISI

July 20, 2018 6:54 AM EDT

Evercore ISI lowered its price target on Fifth Third Bancorp (NASDAQ: FITB) to $27.00 (from $29.00) while maintaining a Underperform rating.

Analyst John Pancari is modestly lowering 2018 and 2019 EPS ests from $2.55 and $2.76 to $2.52 and $2.74 to reflect a lower NIM & NII trajectory related to... More

Fifth Third Bancorp (FITB) Tops Q2 EPS by 23c

July 19, 2018 6:34 AM EDT

Fifth Third Bancorp (NASDAQ: FITB) reported Q2 EPS of $0.80, $0.23 better than the analyst estimate of $0.57.

We had a very productive second quarter and remained focused on achieving our long-term objectives. Our quarterly results were very strong, as evidenced by the continued expansion in our net interest margin, lower operating expenses, record capital markets revenueand another very significant decline in the level of criticized assets. Our commercial middle market loan originations were also very strong and we expect this trend to continue over the remainder of the year,... More