Fifth Third Bancorp (FITB) Tops Q2 EPS by 2c

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Go back to Fifth Third Bancorp (FITB) Tops Q2 EPS by 2c

Fifth Third Announces Second Quarter 2017 Net Income to Common Shareholders of $344 Million, or $0.45 Per Diluted Share

July 21, 2017 6:32 AM EDT

2Q17 net income available to common shareholders of $344 million, or $0.45 per diluted common share Results included a negative $0.01 impact on reported 2Q17 earnings per share resulting from a $9 million pre-tax (~$6 million after-tax) (a) charge related to the valuation of the Visa total return swap Reported net interest income of $939 million; taxable equivalent net interest income of $945 million(b), up 1% from 1Q17 and up 4% from 2Q16; excluding the 1Q17 card remediation impact, up 2% from 1Q17(b) Taxable equivalent net interest margin of... More