Fifth Third Bancorp (FITB) Earnings Report, Financial Results, Financial analysis

Fifth Third Bancorp reported in III. Quarter net earnings per share of $0.71 an increase by 16.39 % year on year from $0.61 and an improvement of 24.56 % from $0.57 realized in II. Quarter (Jun 30 2019).

*III. Quarter*
Earnings Per Share	Revenues
$ 0.71	$ 1,848 Mill
$+0.10 +16.39 %	$+328M +21.58 %

Fifth Third Bancorp's Revenue rose by 21.58 % in III. Quarter (Sep 30 2019) year on year, to $1,848 million and advanced by 1.54 % sequentially.

Fifth Third Bancorp is Expected to report next financial results on February 20, 2020.

More on FITB's Income Statement

Sales Growth by Division


	• Commercial 2.07% Y/Y, • Retail 8.23% Y/Y, • Investment Advisors 3.85% Y/Y


	• Consumer Lending -10.39% Y/Y, • General and other -32.09% Y/Y

FITB's Segments

FITB's NET INCOME

Fifth Third Bancorp's net income of $549 million in III. Quarter increased by 26.79 % from net earnings of $433 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 21.19 % from net income of $453.00 million realized in previous quarter.

More on FITB's Growth

Fifth Third Bancorp Income Growth by Division
• Retail 36% Y/Y,
• Investment Advisors 25% Y/Y • Commercial -28.5% Y/Y,
• General and other -35.95% Y/Y FITB's Cash flow In III. Quarter company's net cash flow was $497 million, capital expenditures fell by 1,750.00%, to $-74 millions compare to same quarter a year ago and fell by 5.71% from II. Quarter (Jun 30 2019).

More on FITB's Cash flow Statement

Earnings quality

Fifth Third Bancorp payed out dividend of $0.86 per share in last 52 weeks representing 27.92 % of net earning per share in trailing twelve-month period.

During the same period Fifth Third Bancorp earned $ 1.87 cash per share, on a free-cash flow basis 60.6 % of net earning per share.

Book value grew by 5.19 % sequentially to $29.08 per share, 186.65% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 20.57 per share from $ 19.85.

Company repurchased 11.66 million shares or 1.56 % in III. Quarter.
Interest Coverage Ratio was 3.08. Debt Coverage Ratio was 0.26.

• More on FITB's Dividends

Market Capitalization (Millions)	22,797
Shares Outstanding (Millions)	736
Total Debt (Millions $)	18,520
Revenue (TTM) (Millions $)	7,322
Net Income (TTM) (Millions $)	2,247
Cash Flow (TTM) (Millions $)	1,161
Capital Exp. (TTM) (Millions $)	-234
Dividend TTM ($)	0.86 $
Dividend Yield TTM (%)	3.13 %
Employees (TTM) $	18,351

Earnings quality

• More on FITB's Balance Sheets

Market Capitalization (Millions)	22,797
Shares Outstanding (Millions)	736
Total Debt (Millions $)	18,520
Revenue (TTM) (Millions $)	7,322
Net Income (TTM) (Millions $)	2,247
Cash Flow (TTM) (Millions $)	1,161
Capital Exp. (TTM) (Millions $)	-234
Dividend TTM ($)	0.86 $
Dividend Yield TTM (%)	3.13 %
Employees (TTM) $	18,351

Operating Statistics	Decrease / Increase

• View Annual Report

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Fifth Third Bancorp

FITB's Financial Statements and Analysis