- 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.
The central bank exempted mid-sized companies from the "qualitative" part of stress tests that determine whether the companies can pay dividends and buy back stock in the coming year.
Jim Cramer likes the AVGO deal, and is impressed by gains for BBT, FITB, KEY and more.