Fifth Third’s 4Q Earnings Beat the Estimates
January 19, 2023
Cincinnati’s largest locally based bank posted adjusted fourth-quarter earnings of $1.04 per share, up 12% from a year ago. The Fifth Third Bancorp CEO says the quarter wrapped up a year for the record books.
When asked about performance by reporter Steve Watkins at the Cincinnati Business Courier, our Jim Russell pointed to net interest income as “an important driver of the above-expectation earnings.” He added that guidance is consistent with what analysts had been expecting.
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