- 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 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.