Citi Upgrades Fifth Third Bancorp (FITB) to Buy

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Go back to Citi Upgrades Fifth Third Bancorp (FITB) to Buy

Fifth Third Bancorp (FITB) Misses Q3 EPS by 1c

October 16, 2014 6:31 AM EDT

Fifth Third Bancorp (NASDAQ: FITB) reported Q3 EPS of $0.43, $0.01 worse than the analyst estimate of $0.44.

3Q14 return on average assets (ROA) of 1.02%; return on average common equity of 9.2%; return on average tangible common equity** of 11.1%Pre-provision net revenue (PPNR)** of $535 million in 3Q14Net interest income (FTE) of $908 million, flat sequentially and up 1% from 3Q13; net interest margin of 3.10%, down 5 basis points... More