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Stock Market & Financial Investment News

News Breaks
November 14, 2012
07:42 EDTFITBFifth Third Bancorp says current trends have pressured net interest income level
Says current trends have pressured net interest income levels, but expect to mitigate much of impact with continued loan growth and liability management. Says NIM pressure created by low rate environment, higher prepayment speeds, repricing in securities and loan portfolios, and modest natural asset sensitivity, but overall is expected to be manageable.
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September 8, 2014
08:14 EDTFITBFifth Third Bancorp targeting mid-50% efficiency ratio
Says targeting mid-50% efficiency ratio in normalized interest rate environment. Sees continued improvement in 2014 on efficiency ratio. Says capital generation and overall capital position, well above current and future requirements, support balance sheet growth and continued prudent capital return to shareholders. Comments from slides that will be presented at the Barclays Global Financial Services Conference.

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