We are reiterating our Neutral recommendation on Fifth Third Bancorp (NASDAQ:FITB) following a detailed analysis of the company fundamentals in light of the current economic environment and regulatory changes.
The company’s third-quarter 2011 earnings of 40 cents per share outpaced the Zacks Consensus Estimate of 33 cents. The results also compare favorably both sequentially and on year-over-year basis.
Quarterly results at Fifth Third reflect a better-than-expected revenue figure backed by net … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards