Three Michigan financial institutions posted merger-related declines in profitability on Friday, but a fast-growing Ohio bank bucked that trend.

Cincinnati-based Fifth Third Bancorp boosted earnings by 16%, to $62.8 million, while lifting its return on assets 5 basis points to 1.77%.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.