Financial services company Fifth Third Bancorp (NASDAQ: FITB) on Friday reported results for the second quarter of 2024. There is a decline in net interest income.
- The company reported net income of $601 million for the second quarter, which is unchanged from the year-ago quarter
- Net income available to common shareholders was $561 million or $0.81 per share in Q2, vs. $562 million or $0.82 per share a year earlier
- Q2 net interest income decreased to $1.39 billion from $1.46 billion in the comparable quarter of 2023
- Non-interest income was $695 million in the June quarter, compared to $726 million in the prior year quarter
- Second-quarter book value per share increased to $25.13 from $23.05 in the same period last year
- The company generated consumer household growth of 3% in Q2 compared to 2Q23, including 6% in the Southeast
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products
