Fifth Third Bancorp (FITB) Tops Q4 EPS by 5c

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Go back to Fifth Third Bancorp (FITB) Tops Q4 EPS by 5c

Fifth Third Announces Fourth Quarter Earnings Per Diluted Share of $0.49

January 24, 2017 6:30 AM EST

2016 Earnings Per Diluted Share of $1.93

4Q16 net income available to common shareholders of $372 million, or $0.49 per diluted common share Reported results included the following items which had a positive $0.01 impact on reported 4Q16 EPS: A $16 million pre-tax (~$10 million after-tax*) reduction to net interest income for refunds offered to certain bankcard customers A $9 million pre-tax (~$6 million after-tax*) gain from the net exercise of the Vantiv warrant A $6 million pre-tax (~$4 million after-tax*) benefit related to the valuation of the Visa total return swap... More