- Fifth Third reports second-quarter earnings of 40 cents a share, beating the consensus estimate by a nickel.
- Results include $36 million after-tax gain on sale of Vantiv shares.
- Net interest income flat; noninterest expense down 4% sequentially.
The rate of government spending growth is clearly slowing.
Here are four compelling regional bank stocks you should own. They'll all benefit when the Federal Reserve raises interest rates again.
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.