Fifth Third Q1 Earnings Hurt by Energy Loan Related Provisioning

April 25th, 2016
Tech tipsComputer Tricks

Fifth Third Bancorp reported Q1/16 net income, after preferred dividends, was $312 million compared to $346 million in Q1/15. The following highlights were excerpted from the news release: Average commercial leases for the Q1/16 period end of $3,874 million was up 4% compared to $3,715 million at the end of the same period in 2015. Provision for Q1/16 loan and lease losses of $119 million was up 72% from $69 million in the same quarter one year earlier

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Fifth Third Q1 Earnings Hurt by Energy Loan Related Provisioning

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