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BUZZ - Fifth Third Bank Group shares rise due to Q3 earnings beating expectations

BUZZ - Fifth Third Bank Group shares rise due to Q3 earnings beating expectations

路透社2026/10/19 16:31

- ** Shares of US regional bank Fifth Third Bancorp (FITB.N) rose 1% to $50.89 after the company released its third-quarter financial results

** The company reported third-quarter adjusted earnings per share of $1.13, beating analysts' expectations of $0.94, according to data compiled by LSEG

** FITB reported net interest income of $2.28 billion for the quarter, up from $1.53 billion a year ago

** According to LSEG data, out of 23 analysts, 17 rate the stock as “buy” or higher, while the others give a “hold” rating; the median target price is $62.50

** Including the day's gain, FITB shares have risen 8.7% so far this year, compared with a 2.2% rise in the KBW Bank Index for the same period .BKX


(To facilitate non-English speakers, Reuters has provided its reports in several other languages through automated translation. As automated translations may contain errors or lack required context, Reuters does not guarantee the accuracy of the translated text, which is provided for reader convenience only. Reuters accepts no responsibility for any damage or loss arising from the use of this automated translation feature.)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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