(Boursier.com) — Fifth Third Bancorp, the American banking establishment, published diluted earnings per share of 72 cents for its fourth fiscal quarter, compared to $1.01 a year earlier. Net interest income declined to 1.42 billion from 1.58 billion a year earlier. Net profit attributable to common shareholders fell 30% year-on-year to $492 million. The average level of deposits increased by 2% compared to the previous quarter and by 5% compared to last year. The group also warns of an expected drop in net interest income in 2024.
©2024 Boursier.com