Fifth Third profit rises

July 19 Thu Jul 19, 2012 6:35am EDT

July 19 (Reuters) - Fifth Third Bancorp reported a higher quarterly net income as the U.S. regional bank set aside less money for soured loans.

Net income for the second quarter rose to $376 million, or 40 cents per share, up from $328 million, or 35 cents per share, a year earlier.