The volume of home-lending activity at Fifth Third Bancorp ascended from the previous quarter, as did mortgage income and the size of the servicing portfolio.
Earnings before income taxes were $494 million in the three months ended June 30, growing from $427 million in the same three-month period last year.
Those metrics, as well as other financial and other operational results, were presented in the Cincinnati-based bank-holding company’s second-quarter earnings report.
Source: Mortgage Daily
