** Fifth Third Bancorp shares up ~1% to $44.77 ** FITB reports rise in its Q4 profit, driven by higher wealth and asset management fees
** Net income available to common shareholders rose to $582 mln, or 85 cents per share, in the three months ended Dec. 31. It had reported $492 mln, or 72 cents per share, a year earlier
** FITB's capital markets fees jumped 16% from the year earlier to $123 mln, while its wealth and asset management revenue rose 11% to $163 mln
** Fifth Third's net interest income — the difference between what banks pay customers on deposits and earn as interest on loans — rose 1.5% to $1.44 bln
** 13 of 23 brokerages rate the stock "buy" or higher, 10 "hold"; their median PT is $51 - LSEG data
** FITB shares up 22.6% in 2024
(Reporting by Prakhar Srivastava in Bengaluru) ((mailto:Prakhar.srivastava2@thomsonreuters.com))
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