Fifth Third Bancorp: Here’s What Investors Need to Know Before Earnings

Fifth Third Bancorp (NASDAQ:FITB) will report earnings before markets open on Thursday, July 18th. Fifth Third Bancorp is a diversified financial services company that operates banking centers in the Midwestern and Southeastern regions of the United States. The Company’s principal businesses include retail banking, commercial banking, investment advisory, and data processing.

Here is your Cheat Sheet to Fifth Third Bancorp Earnings:

Earnings Expectations: Analysts expect earnings of $0.42 per share on revenues of $1.61 billion. Currently, the company’s P/E ratio stands at 11.29.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.42 and has not changed. For the current year, the average estimate is a profit of $1.71, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Fifth Third Bancorp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 8,554 9,450 7,218 6,673 7,106
Diluted EPS ($) -3.94 0.67 0.63 1.18 1.66

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,705.00 1,698.00 1,900.00 1,743.00
Diluted EPS ($) 0.40 0.38 0.43 0.46

Past Performance:
Fifth Third Bancorp has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]