Fifth Third Bancorp Q4 Profit Advances, But Misses Estimates

Fifth Third Bancorp (FITB) released earnings for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings came in at $582 million, or $0.85 per share. This compares with $492 million, or $0.72 per share, last year.

Analysts on average had expected the company to earn $0.88 per share. Analysts' estimates typically exclude special items.

Fifth Third Bancorp earnings at a glance (GAAP) :

-Earnings: $582 Mln. vs. $492 Mln. last year.
-EPS: $0.85 vs. $0.72 last year.

by RTTNews Staff Writer

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