For Q4, Fifth Third (FITB) reaffirmed the outlook provided in October, says some softness in capital markets activity related to the impact of government shutdown will be offset by lower expenses. Continues to expect credit losses to be around 40 basis points in 2025.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FITB:
- Fifth Third price target raised to $50 from $48 at Piper Sandler
- Fifth Third Bancorp to Present at Goldman Sachs Conference
- Fifth Third to acquire Fannie Mae’s DUS business line, terms not disclosed
- Fifth Third Bancorp Announces Major Merger with Comerica
- Fifth Third Faces Uncertainty and Risks Amid Comerica Merger: Impact on Business Stability