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Mar 31, 2022
Fifth Third Q1 2022 Earnings Report
Reported diluted earnings per share of $0.68.
Key Takeaways
Fifth Third Bancorp reported first quarter 2022 net income of $494 million, or $0.68 per diluted share. The results reflect a decrease compared to the prior quarter and year-ago quarter, influenced by factors such as lower noninterest income and higher noninterest expense.
Named one of the "World's Most Ethical Companies" by Ethisphere in March 2022 for the third time
Generated consumer household growth of 3% compared to 1Q21
Announced $20/hour minimum wage for eligible employees effective July 2022
ROTCE of 13.4%; adjusted ROTCE of 13.7% excl. AOCI
Fifth Third
Fifth Third
Fifth Third Revenue by Segment
Forward Guidance
Fifth Third did not provide specific forward guidance in the provided document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income