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FITB

Fifth Third Bancorp Q4 Profit Advances, But Misses Estimates

January 21, 2025 — 06:39 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - 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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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