Detail akcie Fifth Third Banc online

Business Summary: Fifth Third Bancorp (the Bancorp) is a bank holding company for Fifth Third Bank, National Association (the Bank). It operates three main businesses: Commercial Banking, Consumer and Small Business Banking and Wealth & Asset Management. The Commercial Banking offers credit intermediation, cash management and financial services to large and middle-market businesses and government and professional customers. The Consumer and Small Business Banking segment includes residential mortgage, home equity loans and lines of credit, credit cards, automobile and other indirect lending and other consumer lending activities. Residential mortgage activities include the origination, retention and servicing of residential mortgage loans, sales and securitizations of those loans and all associated hedging activities. The Wealth and Asset Management segment provides a full range of wealth management solutions, such as wealth planning, investment management, banking, insurance, trust and estate services.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Fifth Third Bancorp interest income increased 18% to $2.61B. Net interest income after loan loss provision decreased 5% to $1.29B. Net income applicable to common stockholders decreased 10% to $480M. Net interest income after loan loss provision reflects Consumer and small Business Banking segment decrease from $1.21B to $0K, Net Interest Margin, Total -% decrease of 13% to 2.86%, Net Interest Spread.