Fifth Third Bancorp (FITB) Tops Q2 EPS by 3c

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Fifth Third Announces Second Quarter 2020 Results

July 23, 2020 6:30 AM EDT

Reported diluted earnings per share of $0.23

Reported results included a negative $0.07 impact from certain items on page 2 of the 2Q20 earnings release

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bancorp (FITB):

Key Highlights

Continue to provide support in response to the pandemic

Proactive outreach with customers, including those transitioning out of COVID-19 hardship programs Originated $5.5 billion in Paycheck Protection Program (PPP) loans to approximately 38,000 small and mid-sized businesses Taking measures to ensure continued employee & customer safety and remote workforce... More