- Fifth Third Bancorp reports first-quarter earnings per share of $45 cents.
- Analysts were expecting EPS of 36 cents.
- Mortgage banking net revenue doubles to $204 million.
- Commercial and industrial loans grow 5% sequentially.
Tom Brown has been meeting with bank executives for more than 30 years. Lately, the access isn't helping: His flagship Second Curve fund is down for a third straight year.
Fifth Third (FITB) stock is up on Thursday morning after the bank holding company posted earnings that exceeded analysts’ estimates for the 2016 second quarter.
TheStreet highlights 3 stocks pushing the financial sector higher today.
Fifth Third’s (FITB) stock rating was cut to ‘perform’ from ‘outperform’ at Oppenheimer on Wednesday.