Fifth Third Bancorp (FITB) shares were down over 3% in Wednesday trading after the company posted Q1 noninterest income guidance that was softer than analysts' expectations.
The company said it expects Q1 noninterest income in the range of $0.90 billion to $0.93 billion. Analysts polled by FactSet expect $0.95 billion.
The company added that it expects Q1 net interest income of about $1.93 billion. Analysts polled by FactSet expect $1.92 billion.
Additionally, the company tweaked its 2026 noninterest income outlook to a range of $4 billion to $4.2 billion, from a range of $4 billion to $4.4 billion. Analysts surveyed by FactSet expect $4.2 billion.
Fifth Third Bancorp maintained its 2026 net interest income guidance range at $8.6 billion to $8.8 billion. Analysts polled by FactSet expect $8.36 billion.
Price: 45.22, Change: -1.37, Percent Change: -2.94