Fifth Third, Westamerica Report Q2 Profits Rise

Fifth Third Bancorp reported a second-quarter 2025 net income of $591 million ($0.88 per share), up from $561 million ($0.81 per share) last year and above analyst expectations. Total revenue grew 7.8% year-over-year to $2.25 billion, supported by higher net interest income as interest expenses fell 20%. Fee-based non-interest income increased by 8%, while the bank boosted its provision for credit losses to $173 million amid ongoing economic uncertainty. Fifth Third raised its net interest income guidance and lowered the high end of its net charge-off expectations, projecting continued loan and lease growth. Shares of Fifth Third have gained 1.8% year-to-date but continue to underperform the broader banking sector. Additionally, Westamerica Bancorporation reported Q2 net income of $29.1 million, maintaining strong capital ratios and low-cost operations with no new credit loss provisions.