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Fifth Third Bancorp. FITB
Posted On: 04/19/2012 10:53:13 PM
Post# of 88
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Posted By: Chas

Fifth Third Bancorp Announces First Quarter 2012 Net Income to Common Shareholders of $421 Million or $0.45 Per Share




1Q12 net income available to common shareholders of $421 million, or $0.45 per diluted common share, vs. $305 million, or $0.33 per share, in 4Q11 and $88 million, or $0.10 per share in 1Q11 Included benefit of $115 million pre-tax (approximately $75 million or $0.08 per share after-tax), from gains associated with Vantiv, Inc's. initial public offering (IPO), as well as the previously disclosed $36 million estimated pre-tax charge (approximately $23 million after-tax, or $0.02 per share), from Vantiv debt termination-related charges recorded in equity method earnings


Read more: http://www.marketwatch.com/story/fifth-third-...=bigcharts














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