5/3 Bank Returns Jump Dramatically
January 21, 2021
Jim Russell spoke with Steve Watkins of the Cincinnati Business Courier about Fifth-Third Bancorp’s most recent returns, jumping 28% over the same quarter one year ago:
“It was a very solid fourth quarter,” Russell told me.
“Higher capital levels will allow for aggressive share repurchase and dividend increases later this year. Expense savings and improving net charge-offs in Fifth Third’s loan book should be tailwinds for the company in 2021.”
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