Recap: Fifth Third Bancorp Q1 Earnings

Fifth Third Bancorp FITB reported its Q1 earnings results on Thursday, April 20, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Fifth Third Bancorp missed estimated earnings by 1.27%, reporting an EPS of $0.78 versus an estimate of $0.79.

Revenue was up $328.00 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 2.88% increase in the share price the next day.

Here's a look at Fifth Third Bancorp's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1	0.98	0.88	0.69
EPS Actual	1.01	0.91	0.76	0.68
Revenue Estimate	2.33B	2.20B	2.07B	1.94B
Revenue Actual	2.32B	2.17B	2.02B	1.88B

To track all earnings releases for Fifth Third Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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