Fee Income to Support Fifth Third's (FITB) Earnings in Q2

This Cincinnati, OH-based lender has an impressive earnings surprise history. Its earnings beat estimates in all of the trailing four quarters, the surprise being 8.52%, on average. Here are some factors that are expected to have impacted FITB's quarterly performance. In the last reported quarter, the bank's earnings surpassed the Zacks Consensus Estimate. Results were aided by a rise in non-interest income and deposit balance. However, a fall in net interest income (NII) limited its revenue growth. Higher ...