Fifth Third Bancorp (FITB) reported earnings for first quarter that Dropped, from the same period last year
The company's bottom line totaled $128 million, or $0.15 per share. This compares with $478 million, or $0.71 per share, last year.
Fifth Third Bancorp earnings at a glance (GAAP) :
-Earnings: $128 Mln. vs. $478 Mln. last year.-EPS: $0.15 vs. $0.71 last year.
For the first quarter, the company posted a net interest income of $1.934 billion, higher than $1.437 billion in the same period last year. Non-interest income stood at $895 million as against the previous year’s $694 million a year ago.
Earnings were hurt by a higher non-interest expense of $2.395 billion, compared with a non-interest expense of $1.304 billion last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.