Fifth Third Announces Fourth Quarter 2021 Results
Reported diluted earnings per share of $0.90
Reported results included a negative $0.03 impact from certain items on page 2 of the 4Q21 earnings release
Fifth Third Bancorp (NASDAQ ®: FITB):
Key Highlights
(fourth quarter 2021 except where noted)
Select Business Highlights:
Generated record commercial loan production of $8.2BN (up nearly 50% compared to 3Q21) reflecting strength in corporate and middle market banking
Record commercial banking revenue
Record assets under management net inflows
Generated consumer household growth of 3% vs. 4Q20
Made special COVID staffing bonus to front-line employees ($10MM noninterest expense)
Issued inaugural Green Bond ($500MM); first Cate