Fifth Third Bancorp Profit Climbs In Q2

Fifth Third Bancorp (FITB) announced earnings for its second quarter that advanced from the same period last year.

The company's earnings came in at $674 million, or $0.95 per share. This compares with $163 million, or $0.23 per share, in last year's second quarter.

Analysts had expected the company to earn $0.8 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.8% to $1.21 billion from $1.20 billion last year.

Fifth Third Bancorp earnings at a glance:

-Earnings (Q2): $674 Mln. vs. $163 Mln. last year.
-EPS (Q2): $0.95 vs. $0.23 last year.
-Analysts Estimate: $0.8
-Revenue (Q2): $1.21 Bln vs. $1.20 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT