WASHINGTON (dpa-AFX) - Fifth Third Bancorp (FITB) revealed earnings for first quarter that declined compared to the same period last year.
The company said its earnings came in at $290 million, or $0.38 per share. This was lower than $311 million, or $0.40 per share, in last year's first quarter.
Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Fifth Third Bancorp earnings at a glance:
-Earnings (Q1): $290 Mln. vs. $311 Mln. last year. -Earnings Decline (Y-o-Y): -6.8% -EPS (Q1): $0.38 vs. $0.40 last year. -EPS Decline (Y-o-Y): -5.0% -Analysts Estimate: $0.37
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