WASHINGTON (dpa-AFX) - Fifth Third Bancorp (FITB) reported a profit for its third quarter that Increased, from last year and beat the Street estimates.
The company's earnings totaled $608 million, or $0.91 per share. This compares with $532 million, or $0.78 per share, last year.
Analysts on average had expected the company to earn $0.86 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 6.9% to $1.525 billion from $1.427 billion last year.
Fifth Third Bancorp earnings at a glance (GAAP) :
-Earnings: $608 Mln. vs. $532 Mln. last year. -EPS: $0.91 vs. $0.78 last year. -Revenue: $1.525 Bln vs. $1.427 Bln last year.
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