The fifth edition of the annual Four Hills Tournament in Germany and Austria was won by Pentti Uotinen.

Another Finnish athlete, Eino Kirjonen placed second in the overall ranking for the third time.

It was the first edition without the winner of the inaugural tournament, Sepp Bradl.

Bergiselschanze, Innsbruck 30 December 1956[2] Große Olympiaschanze, Garmisch-Partenkirchen 1 January 1957[3] Paul-Ausserleitner-Schanze, Bischofshofen 6 January 1957[4] After three events, Pentti Uotinen was still in the lead in the overall ranking.

His closest pursuer was Max Bolkart, but the German only placed 11th in Bischofshofen (210.2p) and thus stayed behind the Finn.