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UPDATE: Fifth Third Q1 Profit Down 1.9%

Related FITB
Fifth Third Misses Earnings on Legal Charges - Analyst Blog
Earnings Scheduled For April 17, 2014

Fifth Third Bancorp (NASDAQ: FITB) reported a 1.9% drop in its first-quarter earnings.

Fifth Third's quarterly profit fell to $422 million, from $430 million, in the year-ago period. Its per-share earnings climbed to $0.46 from $0.45 per share.

Its revenue dropped 2.2% to $1.64 billion. However, analysts were expecting earnings of $0.39 per share on revenue of $1.59 billion.

Fifth Third shares closed at $15.80 yesterday.

Posted-In: profitEarnings News

 

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