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Fifth Third Bancorp Reports $620 Million Quarterly Profit
By USinMinutes - Jan 21, 2025, 06:37 AM ET
Last Updated - Jan 21, 2025, 06:48 AM EST
The company records $2.2 billion revenue for Q4 ended Dec 31, 2024
FIFTH THIRD BANCORP [FITBO] reported $620 million profit for Q4 ended Dec 31, 2024, showing an increase of $47 million.
The company revealed in its 8-K filing to the SEC dated Jan 21, 2025 that it generated revenue of $2.2 billion for the period, showing an increase of $37 million from the last quarter.
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Based in Cincinnati, Ohio, the company reported $0.9 earnings per share for the period, compared to $0.8 in the last quarter.
The company's profit increased by 8.2% from $573 million in the last quarter.
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The revenue of Fifth Third Bancorp with 18.6 thousand employees on the rolls showed 1.73% an increase from $2.1 billion in the last quarter.
The revenue increased 0.37% from $2.2 billion in the same quarter of the previous year.
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