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Fifth Third Bancorp (FITB) Q2 Earnings and Revenues Top Estimates
ZACKSยท2025-07-17 12:46

Company Performance - Fifth Third Bancorp reported quarterly earnings of $0.9 per share, exceeding the Zacks Consensus Estimate of $0.87 per share, and up from $0.86 per share a year ago, representing an earnings surprise of +3.45% [1] - The company posted revenues of $2.25 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.38%, compared to year-ago revenues of $2.08 billion [2] - Over the last four quarters, Fifth Third Bancorp has surpassed consensus EPS estimates four times, but has only topped consensus revenue estimates once [2] Stock Outlook - The immediate price movement of Fifth Third Bancorp's stock will depend on management's commentary during the earnings call and future earnings expectations [3] - The stock has added about 1.8% since the beginning of the year, underperforming the S&P 500's gain of 6.5% [3] - The current consensus EPS estimate for the coming quarter is $0.93 on revenues of $2.28 billion, and for the current fiscal year, it is $3.53 on revenues of $8.96 billion [7] Industry Context - The Zacks Industry Rank for Banks - Major Regional is currently in the top 6% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]