Fifth Third Announces Third Quarter 2019 Results

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Go back to Fifth Third Announces Third Quarter 2019 Results

Fifth Third Bancorp (FITB) Misses Q3 EPS by 2c

October 22, 2019 6:35 AM EDT

Fifth Third Bancorp (NASDAQ: FITB) reported Q3 EPS of $0.71, $0.02 worse than the analyst estimate of $0.73.

Revenue and expense performance exceeded July expectationsRecord capital markets revenueStrong commercial loan production, up 15% vs. 3Q18 and up 26% vs. 2Q19Effectively managed interest bearing core deposit costs (down 2 bps vs. 2Q19) while continuing to grow average core deposits (up... More