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Top related persons:
Tim Spence - 2 Joe Skipper - 1 Pritam Biswas - 1 Krishna Chandra - 1
Top related locs:
Silicon Boca Raton , Florida Cincinnati , Ohio Bengaluru
Top related orgs:
Fifth Third Bank - 2 Third Bank - 1 REUTERS - 1 Third Bancorp - 1 Fifth - 1 Thomson - 1

Search resuls for: "Tim Spence"


3 mentions found


☆ The banking system is very sound: Fifth Third Bank CEO one year after Silicon Valley Bank's collapse
  + stars: | 2024-03-05 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe banking system is very sound: Fifth Third Bank CEO one year after Silicon Valley Bank's collapseTim Spence, Fifth Third Bank CEO, joins 'Closing Bell Overtime' to talk the state of regional banks one year after the collapse of SIlicon Valley Bank.
Persons: Tim Spence Organizations: Third Bank, Fifth Third Bank Locations: Silicon
☆ Fifth Third expects further interest income weakness after quarterly profit falls
  + stars: | 2023-10-19 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Joe Skipper/File photo Acquire Licensing RightsOct 19 (Reuters) - Fifth Third Bancorp (FITB.O) said on Thursday it expects interest income (NII) to decline again in the current quarter after posting a 1.3% fall in third-quarter profit. The bank's net interest margin in the quarter contracted to 2.98% from 3.22% a year earlier. Cincinnati, Ohio-based Fifth Third sees net interest income - the difference between the interest banks earn on loans and pay out on deposits - down roughly between 1% and 2% in the fourth quarter. Fifth Third's third-quarter NII fell 4% from a year earlier to $1.44 billion. Average deposits at Fifth Third were up 4% at $165.64 billion in the third quarter compared with a year earlier.
Persons: Joe Skipper, Tim Spence, Pritam Biswas, Krishna Chandra Organizations: Fifth Third Bank, REUTERS, Third Bancorp, Fifth, Thomson Locations: Boca Raton , Florida, Cincinnati , Ohio, Bengaluru
☆ We've been around for 160 years and this is our best year ever, says Fifth Third Bancorp CEO
  + stars: | 2022-10-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've been around for 160 years and this is our best year ever, says Fifth Third Bancorp CEOTim Spence, Fifth Third Bancorp CEO, joins 'Closing Bell' to discuss the recent performance of regional banks, his thoughts on Fifth Third's recent deposit growth and Spence's sense of current macroeconomic conditions.
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