Fifth Third Q1 Earnings Top Estimates on Higher NII & Lower Expenses

Fifth Third Bancorp (FITB) has reported first-quarter 2025 adjusted earnings per share (EPS) of 73 cents, surpassing the Zacks Consensus Estimate of 70 cents. In the prior-year quarter, the company posted an EPS of 76 cents.Results benefited from a rise in net interest income (NII) and loan balances. A reduction in expenses was another positive. A decline in fee income and weak asset quality were headwinds.Results included a negative 2-cent impact of certain items. After considering this, the company has re ...