Fifth Third Announces First Quarter 2020 Results
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Fifth Third Bancorp (FITB) Misses Q1 EPS by 29c
April 21, 2020 6:36 AM EDTFifth Third Bancorp (NASDAQ: FITB) reported Q1 EPS of $0.04, $0.29 worse than the analyst estimate of $0.33.
Reported diluted earnings per share of $0.04Reported results included a negative $0.64 impact from certain items on page 2, including $0.09 from notable items, and $0.55 from provision in excess of net charge-offsCEO Commentary
The unprecedented nature of the environment that we are operating in today undoubtedly reprioritizes our focus to the significant and ongoing actions we are taking for our customers, our employees, and our communities. We are leveraging our balance sheet strength to help... More
