Fifth Third posts $0.83 second-quarter EPS
Fifth Third Bancorp (NYSE:FITB) reported Q2 2026 EPS of $0.83 and adjusted EPS of $1.02, supported by organic growth and Comerica integration.
Fifth Third Bancorp (NYSE:FITB) reported Q2 2026 EPS of $0.83 and adjusted EPS of $1.02, supported by organic growth and Comerica integration.
South Plains Financial (NASDAQ:SPFI) reported Q2 net income of $19 million and diluted EPS of $0.96, supported by its BOH acquisition.
Autoliv (NYSE:ALV) reported Q2 net sales of $2.803 billion, up 3.3%, while diluted EPS fell 38% to $1.35.
Regions Financial (NYSE:RF) reported Q2 net income of $549 million and diluted EPS of $0.64, with adjusted earnings of $583 million and adjusted EPS of $0.68.
Netflix (NASDAQ:NFLX) shares fell 9.2% before Friday’s opening bell after its third-quarter revenue and earnings forecasts missed analyst estimates.
A surprise breakthrough from a Chinese artificial intelligence startup rippled through global markets Friday, sending AI and semiconductor stocks sharply lower. The catalyst was Moonshot's new Kimi K3 model, which the company said rivals the strongest offerings from OpenAI and Anthropic PBC. Bloomberg's Matt Bloxham breaks down the situation.
Honeywell Technologies (NASDAQ:HON) completed its £1.325 billion all-cash acquisition of Johnson Matthey’s Catalyst Technologies business.
Brent crude futures rose 0.08% to $84.30 as U.S.-Iran attacks threatened supplies through Hormuz and the Red Sea.
Cadeler (NYSE:CDLR) took delivery of Wind Ace, its 11th installation vessel, expanding its capacity for offshore wind projects.
Anna Edwards, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Beata Manthey, European equity strategy head at Citi, discusses recent market moves and short-term volatility. She tells Bloomberg Television the outlook for global stocks over the next six-to-twelve months remains positive. "Major indices around the world are hitting or are close to all-time highs," Manthey says.
The Travelers Companies (NYSE:TRV) reported Q2 net income of $2.208 billion, or $10.26 per diluted share, as underwriting results improved.