Fifth Third Bancorp Q4 Profit Advances, But Misses Estimates

Fifth Third Bancorp

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(RTTNews) - Fifth Third Bancorp (FITB) released earnings for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings came in at $582 million, or $0.85 per share. This compares with $492 million, or $0.72 per share, last year.

Analysts on average had expected the company to earn $0.88 per share. Analysts' estimates typically exclude special items.

Fifth Third Bancorp earnings at a glance (GAAP) :

-Earnings: $582 Mln. vs. $492 Mln. last year. -EPS: $0.85 vs. $0.72 last year.