fifth third bancorp thursday recorded greater earnings year over year in the fourth quarter of 2021 as the banks income from interest rose and its noninterest expenses declined the cincinnatibased parent company of fifth third bank posted earnings of 90 cents a share a rise from 78 cents a share in the same threemonth period a year earlier analysts surveyed by factset were expecting earnings of 90 cents a share net income climbed to 627 million from 569 million in the yearago quarter net interest income increased by 1 year over year to 12 billion noninterest income was 05 higher at 791 million analysts had forecast net interest income of 119 billion and noninterest income of 831 million average core deposits were up 6 year over year a trend that fifth third attributed to fiscal stimulus and growth in consumer household business the bank recorded benefits from creditloss provisions of 47 million its creditloss ratio was 185 of total portfolio loans and leases down from 241 a year ago compensation and benefits fell 4 year over year contributing to an overall decline in noninterest expenses