The Tulsa, Okla., company also benefited from higher interest and fee revenue while keeping expenses under control.
Fifth Third, which is currently barred from buying banks, has announced a pair of nonbank deals in recent months.
Here are five ancillary business lines that lately have appealed to community banks pursuing new sources of loans or fee income.
Income from derivative fees climbs 47%.
Profit surged at BB&T in Winston-Salem, N.C., during the fourth quarter, driven by various acquisitions and growth in business lending.
