- 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.
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.