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Fifth Third Bancorp ( (FITB) ) just unveiled an update.
Fifth Third Bancorp reported its fourth-quarter 2024 earnings, showcasing a diluted earnings per share of $0.85. The company experienced strong returns driven by growth in loans and fees, along with an improvement in net interest margin. Strategic investments led to significant growth in fee performance, including double-digit revenue increases in wealth and asset management and capital markets compared to the previous year. The company’s robust performance is evident in its expansion of consumer households and the opening of new branches in high-growth markets, further solidifying its market position.
More about Fifth Third Bancorp
YTD Price Performance: 5.15%
Average Trading Volume: 4,501,594
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $29.73B
For detailed information about FITB stock, go to TipRanks’ Stock Analysis page.
