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Fifth Third Bancorp (FITB) Details Strategic Initiatives in Latest Annual Report

Fifth Third Bancorp faced a decrease in leasing business revenue due to declines in various revenue streams, particularly after disposing of LaSalle Solutions in 2022. The company’s cost structure fluctuated due to changes in expenses like technology and occupancy. Management implemented strategies to expand services, compete with larger firms, and invest strategically, aiming to drive […]

Ziegler Capital Management LLC Sells 60,835 Shares of American Electric Power Company, Inc (NASDAQ:AEP)

Ziegler Capital Management LLC trimmed its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 71.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,563 shares of the company’s stock after selling 60,835 shares […]

American Electric Power (NASDAQ:AEP) Announces Earnings Results, Misses Estimates By $0 01 EPS

American Electric Power (NASDAQ:AEP – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $1.13 earnings per share for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.01), Briefing.com reports. The firm had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.70 billion. American Electric Power […]

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