Quartz·1 min read·medium

Fifth Third posted stronger profit as Comerica acquisition boosted its earnings

Cris Tolomia
AI Summary

Fifth Third Bank reported a significant increase in net interest income, driven largely by the full-quarter integration of its Comerica acquisition. The bank's financial performance reflects the successful consolidation of these assets.

The Cincinnati bank's net interest income jumped 48% year-over-year as Comerica contributed for a full quarter for the first time

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