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: Fastenal Company likely to report higher Q2 sales and profit
Fastenal Company (NASDAQ: FAST), a leading provider of industrial and construction supplies, is set to publish its second-quarter results next week. The company is among the hardest hit by the
What to look for when Netflix (NFLX) reports its Q2 2025 earnings results
Shares of Netflix, Inc. (NASDAQ: NFLX) stayed red on Monday. The stock has gained 50% over the past three months. The streaming giant is scheduled to report its earnings results
Coinbase shines on stablecoin boom, S&P 500 debut. Will the rally continue?
Coinbase Global, Inc. (NASDAQ: COIN) has emerged as the largest and most user-friendly cryptocurrency exchange in the US, since going public a few years ago. It has played a pivotal