Fifth Third Bancorp's quarterly profit falls on lower interest income
finance.yahoo.com/news/fifth-third-bancorps-quarterly-profit-114120478.html
Fifth Third Bancorp posted a 10% drop in first-quarter profit on Friday as higher deposit costs weighed on the lender's interest income.
Regional banks have steadily increased the interest rates they offer on deposit accounts to retain customers looking for greater returns by parking their money in higher-yielding alternatives.
Cincinnati, Ohio-based Fifth Third's net…
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