Fifth Third Bancorp (FITB) Reports In-Line Q4 EPS

Fifth Third Bancorp (NASDAQ: FITB) reported Q4 EPS of $0.43, in-line with the analyst estimate of $0.43.

EPS includes a $56 million pre-tax (~$37 million after-tax, or $0.04 per share) positive valuation adjustment on the warrant Fifth Third holds in Vantiv, $23 million pre-tax (~$15 million after-tax, or $0.02 per share) of provision expense related to the transfer of residential mortgage loans classified as troubled debt restructurings to held-for-sale, and a $19 million pre-tax (~$13 million after-tax, or $0.02 per share) charge related to the valuation of Visa total return swap

For earnings history and earnings-related data on Fifth Third Bancorp (FITB) click here.

You May Also Be Interested In

• onsemi downgraded by TD Cowen after Synaptics deal clouds growth story
• Darden Restaurants (DRI) PT Raised to $240 at UBS as Stock Remains a 'Quality Compounder'
• Farmmi announces public offering of Class A ordinary shares