Fifth Third Bancorp (FITB) reported second-quarter net income available to shareholders of $416 million, or $0.49 per share, compared to $582 million, or $0.65 per share, in the second quarter of 2013.
On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.43 for the quarter. Analysts' estimates typically exclude special items.
Net interest income (taxable equivalent) increased to $905 million from $885 million, a year ago. Total non-interest income was $736 million, compared to $1.06 billion, previous year. Analysts expected revenue of $1.54 billion for the quarter.
For comments and feedback contact: editorial@rttnews.com
Business News