April 24, 2018 / 10:42 AM / 7 months ago

Fifth Third Bancorp's quarterly profit more than doubles

April 24 (Reuters) - Fifth Third Bancorp on Tuesday reported a quarterly profit that more than doubled, helped by a one-time gain of $414 million on pre-tax basis.

Net income attributable to common shareholders rose to $689 million, or 97 cents per share, in the quarter ended March 31 from $290 million, or 38 cents per share, a year earlier. reut.rs/2JmYByF (Reporting By Aparajita Saxena in Bengaluru)

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