Fifth Third Bancorp (FITB) Tops Q4 EPS by 24c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Fifth Third Announces Fourth Quarter 2019 Results
January 22, 2020 6:30 AM ESTDiluted earnings per share of $0.96, including a positive $0.28 impact from certain items on page 2 of the 4Q19 earnings release
CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bancorp (FITB):
Key Highlights
Record full year net income of $2.5 billion Generated $345 million pre-tax gain in 4Q19 from Worldpay tax receivable agreement (TRA) transaction with FIS 4Q19 net interest income, NIM, noninterest income, and expense performance in-line with or better than prior guidance Effectively managed interest-bearing core deposit costs better than prior guidance (down 19 bps vs. 3Q19), while... More