Fifth Third Bancorp (NASDAQ: FITB) reported third quarter 2023 earnings results today.
Total revenue dropped 1% year-over-year to $2.16 billion.
Net income available to common shareholders was down 1% to $623 million, or $0.91 per share, compared to last year.
Net interest income decreased 4% to $1.4 billion while non-interest income rose 6% to $715 million.
Total average portfolio loans and leases rose 2% to $121.6 billion.
Total average deposits increased 4% to $165.6 billion.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: Deere & Company expected to end FY24 on a mixed note
For Deere & Company (NYSE: DE), 2024 has been a challenging year marked by weak demand amid declining farm income and high interest rates. As the company prepares to report
Here’s how streaming is set to become a key part of Disney’s (DIS) growth strategy
Shares of The Walt Disney Company (NYSE: DIS) rose over 4% on Friday. The stock has gained 27% over the past three months. The company ended fiscal year 2024 on
Alibaba Group (BABA) Q2 2025 Earnings: Key financials and quarterly highlights
Alibaba Group Holding Limited (NYSE: BABA) reported its second quarter 2025 earnings results today. Revenue was $33.7 billion, up 5% year-over-year. Net income attributable to ordinary shareholders grew 58% to
