Fifth Third Bancorp dips after lower Q3 profit
** Shares of Fifth Third Bancorp FITB.O fall 3.7% to $43.71
** Co reports a fall in its third-quarter profit, as the bank set aside more money to cover for potential loan defaults
** Fifth Third's provision for credit losses jumped to $160 million in the quarter from $119 million a year earlier
** FITB's net interest income — the difference between what banks pay customers on deposits and earn as interest on loans — dipped 1% to $1.43 billion
** Net income available to common shareholders fell to $532 million, or 78 cents per share, in the three months ended Sept. 30. It had reported $623 million, or 91 cents per share, a year earlier
** Including session's move, FITB up ~27% YTD
Reporting by Pritam Biswas in Bengaluru
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