19.04.2024 12:35:04 - dpa-AFX: Fifth Third Bancorp Q1 income drops in line with estimates
WASHINGTON (dpa-AFX) - Fifth Third Bancorp (FITB) reported a profit for
first quarter that decreased from the same period last year in line with the
Street estimates.
The company's earnings totaled $480 million, or $0.70 per share. This compares
with $535 million, or $0.78 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.70 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
Fifth Third Bancorp earnings at a glance (GAAP) :
-Earnings (Q1): $480 Mln. vs. $535 Mln. last year.
-EPS (Q1): $0.70 vs. $0.78 last year.
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