Seeking Alpha (@SeekingAlpha) “Fifth Third Bancorp reported solid Q2 results, raising its full-year net interes” — TopicDigg

Fifth Third Bancorp reported solid Q2 results, raising its full-year net interest income outlook to a strong $8.8B THE NUMBERS: Net interest income landed at $2.22B for the quarter as net interest margins expanded sequentially to a robust 3.36%. THE OVERHAUL: Operational momentum looks clean. The bank is on track to unlock $850M in annualized synergies with an upcoming systems conversion scheduled for Labor Day. THE RETURN: Shareholders get high-grade security, backed by an A-grade dividend consistency (2.76% yield) and plans for up to $300M in Q4 share buybacks. THE RATING: Supported by 11 upward analyst revisions, the Seeking Alpha Quant model has officially flagged the stock as a solid STRONG BUY. Is $FITB cementing itself as a premier regional bank play for the second half of the year?