Piper Jaffray Cuts Price Target on Fifth Third Bancorp (FITB) Following 4Q Earnings
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Notable 52-Week Highs and Lows 1/21: (RDCM) High; (ALKS) (MTG) (FITB) Low
January 21, 2016 3:36 PM EST52-Week High:Radcom Ltd. (Nasdaq: RDCM) $16.14. Saw a midday surge higher on Thursday. The stock crossed above both the $4 and $5 levels.52-Week Low:Alkermes plc (Nasdaq: ALKS) $33.72.... More
Fifth Third Bancorp (FITB) Tops Q4 EPS by 1c
January 21, 2016 6:33 AM ESTFifth Third Bancorp (NASDAQ: FITB) reported Q4 EPS of $0.41, ex-items, $0.01 better than the analyst estimate of $0.40.
4Q15 net income available to common shareholders of $634 million, or $0.79 per diluted common shareIncludes a $331 million pre-tax (~$215 million after-tax) gain on the sale of Vantiv shares, an $89 million pre-tax (~$58 million after-tax) gain on Vantiv warrant actions taken during the quarter, a $49 million pre-tax (~$32 million after-tax) payment received from Vantiv to terminate a portion of its tax receivable agreement, a $21 million pre-tax (~$13 million after-tax) positive valuation adjustment on the remaining warrant Fifth Third holds in Vantiv, a $10... More