Fifth Third Bancorp (FITB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Fifth Third Bancorp (FITB) reported $2.17 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 0.4%. EPS of $0.90 for the same period compares to $0.99 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.21 billion, representing a surprise of -1.96%. The company delivered an EPS surprise of +3.45%, with the consensus EPS estimate being $0.87.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Fifth Third Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Book value per share: $26.17 versus the seven-analyst average estimate of $28.92. Efficiency Ratio (FTE): 54.7% versus the seven-analyst average estimate of 56.1%. Net interest margin (FTE): 3% compared to the 2.9% average estimate based on seven analysts. Net charge-off ratio (NCO ratio): 0.5% compared to the 0.5% average estimate based on six analysts. Return on average assets: 1.2% versus the six-analyst average estimate of 1.1%. Tangible book value per share (including AOCI): $18.69 versus $21.34 estimated by six analysts on average. Average balance - Total interest-earning assets: $193.51 billion versus $197.01 billion estimated by six analysts on average. Return on average common equity: 13% versus 12.3% estimated by five analysts on average. CET1 Capital Ratio: 10.5% versus 10.7% estimated by four analysts on average. Total nonaccrual portfolio loans and leases: $823 million versus the three-analyst average estimate of $705.20 million. Tier 1 risk-based Capital Ratio: 11.8% versus 12% estimated by three analysts on average. Tangible common equity (including AOCI): 6% versus the three-analyst average estimate of 6.5%. View all Key Company Metrics for Fifth Third Bancorp here>>>Shares of Fifth Third Bancorp have returned +3.4% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fifth Third Bancorp (FITB): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks