Fifth Third Bancorp (FITB) on Wednesday reported fourth-quarter profit of $385 million.
The bank, based in Cincinnati, said it had earnings of 43 cents per share.
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The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.
The regional bank posted revenue of $1.54 billion in the period, also topping Street forecasts. Analysts expected $1.51 billion, according to Zacks.
Fifth Third shares have decreased 11 percent since the beginning of the year, while the Standard & Poor's 500 index has decreased nearly 2 percent. The stock has declined 16 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on FITB at http://www.zacks.com/ap/FITB
Keywords: Fifth Third Bancorp, Earnings Report