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Fifth Third Bancorp (FITB) announced earnings for its second quarter that advanced from the same period last year.


RTTNews | Jul 22, 2021 06:49AM EDT

06:48 Thursday, July 22, 2021 (RTTNews.com) - Fifth Third Bancorp (FITB) announced earnings for its second quarter that advanced from the same period last year.

The company's earnings came in at $674 million, or $0.95 per share. This compares with $163 million, or $0.23 per share, in last year's second quarter.

Analysts had expected the company to earn $0.8 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.8% to $1.21 billion from $1.20 billion last year.

Fifth Third Bancorp earnings at a glance:

-Earnings (Q2): $674 Mln. vs. $163 Mln. last year.-EPS (Q2): $0.95 vs. $0.23 last year.-Analysts Estimate: $0.8-Revenue (Q2): $1.21 Bln vs. $1.20 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3211022/fifth-third-bancorp-profit-climbs-in-q2.aspx)

For comments and feedback: contact editorial@rttnews.com

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