- 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.
Big market gains were the result of great companies, CEOs and the people behind them -- not just the Fed, says Jim Cramer.
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.