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Last year nonrecurring charges at the banks averaged 12% of aftertax operating earnings (core earnings before one-time gains or losses).
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Diluted earnings from core operations rose to 67 cents a share from 56 cents, Sprint said.
The company said that earnings from core operations, excluding restructuring charges, increased 10percentto to $1.13 a share.
The company said it expected sales to rise about 5percentt and earnings from core businesses to increase 11percentto13percentcent in the third quarter, which ends in March.
Being a lender has hurt their stock; their price-to-earnings ratio on their core earnings power is way below where it's been historically.
In an earlier age, Prezza would've boosted his earnings by coring out expenses.
The company generated £323 million in core earnings, or earnings before interest costs, taxes, depreciation and amortization.
Jayne Shontell, the director of investor relations, said investors should look at the company's core earnings, its earnings under standard rules and its balance sheet.
The company reaffirmed its full-year outlook, which calls for net revenue and core earnings per share to rise at a single-digit percent rate on a constant currency basis.
In terms of core earnings, it expected earnings of $6.50 to $6.65 a share for 2013.
So-called core earnings, or profit before gains or losses from derivatives contracts, rose 5.9percentto to $1.77 billion, or $1.77 a share.
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