Fifth Third Bancorp reports results for the quarter ended June 30 - Earnings Summary
Fifth Third Bancorp reports results for the quarter ended June 30 - Earnings Summary
Fifth Third Bancorp FITB.N reported quarterly adjusted earnings of 85 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 95 cents per share. Wall Street expected results to range from 79 cents to $1.03 per share.
Revenue rose 45.7% to $3.28 billion from a year ago; analysts expected $3.25 billion.
Fifth Third Bancorp's reported EPS for the quarter was 83 cents.
The company reported quarterly net income of $763 million.
Fifth Third Bancorp shares had risen by 5.3% this quarter and gained 26.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.
In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Fifth Third Bancorp is $63.00, about 5.8% above its last closing price of $59.37
This summary was machine generated from LSEG data July 17 at 01:34 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.95 | 0.85 | Missed |
Mar. 31 2026 | 0.61 | 0.84 | Beat |
Dec. 31 2025 | 0.99 | 1.10 | Beat |
Sep. 30 2025 | 0.87 | 0.91 | Beat |