Recap: Fifth Third Bancorp Q3 Earnings

Recap: Fifth Third Bancorp Q3 Earnings

Fifth Third Bancorp FITB reported its Q3 earnings results on Thursday, October 20, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Fifth Third Bancorp missed estimated earnings by 7.14%, reporting an EPS of $0.91 versus an estimate of $0.98.

Revenue was up $146.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 1.81% drop in the share price the next day.

Here's a look at Fifth Third Bancorp's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.88 0.69 0.9 0.91
EPS Actual 0.76 0.68 0.9 0.97
Revenue Estimate 2.07B 1.94B 2.02B 1.98B
Revenue Actual 2.02B 1.88B 1.99B 2.03B

To track all earnings releases for Fifth Third Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings