FITB » Topics » Electronic Payment Processing

This excerpt taken from the FITB 8-K filed Nov 20, 2006.

Electronic Payment Processing

Fifth Third expects fourth quarter electronic payment processing revenues to continue to reflect steady trends in new customer acquisition despite more modest trends in overall retail sales activity. Processing revenues are expected to exhibit mid- to high-teen percentage growth over the same quarter last year and high-single digit sequential growth.

 


This excerpt taken from the FITB 8-K filed Sep 11, 2006.

Electronic Payment Processing

Fifth Third expects third quarter electronic payment processing revenues to continue to reflect steady trends in new customer acquisition despite more modest trends in overall retail sales activity. Processing revenues are expected to exhibit mid- to high-teen percentage growth over the same quarter last year. The outlook for the remainder of 2006 remains very strong with recent customer additions.

This excerpt taken from the FITB 8-K filed Jun 13, 2006.

Electronic Payment Processing

Fifth Third expects second quarter electronic payment processing revenues to continue to reflect steady trends in new customer acquisition despite more modest trends in overall retail sales activity. Processing revenues are expected to exhibit mid-teen percentage growth over the same quarter last year and annualized growth in excess of 30 percent from first quarter levels. The outlook for the remainder of 2006 remains very strong with recent customer additions.

This excerpt taken from the FITB 8-K filed Mar 15, 2006.

Electronic Payment Processing

Fifth Third expects first quarter electronic payment processing revenues to continue to reflect steady trends in both new customer acquisition and overall retail sales activity. Processing revenues are expected to exhibit mid teen percentage growth over the same quarter last year. Comparisons to the fourth quarter of 2005 are impacted by the significant seasonal increases in transaction volumes typically seen in the fourth quarter.

This excerpt taken from the FITB 8-K filed Dec 12, 2005.

Electronic Payment Processing

 

Fifth Third expects fourth quarter electronic payment processing revenues to continue to reflect strong trends in both new customer acquisition and overall retail sales activity. Processing revenues are expected to exhibit mid teen percentage growth over the same quarter last year.

 

This excerpt taken from the FITB 8-K filed Sep 14, 2005.

Electronic Payment Processing

 

Fifth Third expects third quarter electronic payment processing revenues to continue to reflect strong trends in both new customer acquisition and retail sales activity overall. Processing revenues are expected to increase at a rate approximating 20-25 percent growth over the same quarter last year.

 

This excerpt taken from the FITB 8-K filed Jun 10, 2005.

Electronic Payment Processing

 

Fifth Third expects second quarter electronic payment processing revenues to continue to reflect strong trends in both new customer acquisition and retail sales activity overall. Processing revenues are expected to increase at a rate exceeding 20 percent over the same quarter last year.

 

This excerpt taken from the FITB 8-K filed Mar 10, 2005.

Electronic Payment Processing

 

Fifth Third expects first quarter electronic payment processing revenues to continue to reflect good trends on a core operating basis. Excluding the revenue impact in the prior year period from certain merchant processing contracts sold in the second and third quarters of 2004, representing approximately $25 million in quarterly revenue, processing revenues are expected to increase at a rate approximating 30-34 percent on a core year-over-year basis. Comparisons to the fourth quarter of 2004 are impacted by the significant seasonal increases in transaction volumes typically seen in the fourth quarter.

 

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