Fifth Third Q2 GAAP EPS Included A Negative $0.05 Impact From Valuation of Visa Total Return Swap
Portfolio Pulse from Benzinga Newsdesk
Fifth Third Bancorp's Q2 GAAP earnings per share (EPS) included a negative $0.05 impact from the valuation of Visa Total Return Swap.
July 20, 2023 | 10:44 am
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NEGATIVE IMPACT
Fifth Third Bancorp's Q2 GAAP EPS was negatively impacted by $0.05 due to the valuation of Visa Total Return Swap.
The negative impact on Fifth Third Bancorp's Q2 GAAP EPS is due to the valuation of Visa Total Return Swap. This could potentially affect the company's financial performance and thus, the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100