|Bid||0.00 x 1400|
|Ask||0.00 x 3100|
|Day's range||26.95 - 28.65|
|52-week range||24.17 - 31.64|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||8.13|
|Earnings date||21 Apr 2019 - 25 Apr 2019|
|Forward dividend & yield||0.96 (3.39%)|
|Ex-dividend date||29 Dec 2019|
|1y target est||32.89|
Fifth Third Bancorp today declared cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, and Class B Series A preferred shares.
Fifth Third Bancorp (Nasdaq: FITB) will present at the RBC Capital Markets Financial Institutions Conference in New York City on March 11, 2020 at approximately 8:40 AM ET. Greg D. Carmichael, chairman, president and chief executive officer, will present on behalf of the Company.
Fifth Third Bancorp (Nasdaq: FITB) today announced changes to certain senior leadership roles in order to position the Company for continued success in executing its key strategic priorities. The following changes are effective immediately:
Fifth Third Bank, National Association, announced today that Chicago-based Decennial Group will serve as a partner to help it invest $30 million in Qualified Opportunity Zones as part of its $100 million commitment announced last Friday. The funds will be used to develop projects in low-income urban and rural communities within the Bank’s footprint. The $100 million investment by Fifth Third Bank represents one of the largest made by an institution with a social impact investment strategy in Opportunity Zones.
Fifth Third Bank, National Association, announced today that it would invest $100 million in projects that support community development through four Opportunity Zone fund partners. The first two partners were announced at a 9:00 AM press conference at the national headquarters of Local Initiatives Support Corporation (LISC). The National Equity Fund, an affiliate of LISC, and Raymond James will be the first two partners to identify and structure investments meeting the Bank’s criteria. The remaining two partners will be announced in Chicago on Monday, Jan. 27.
Banks post decent Q4 results on the back of improving fee income and modest loan demand, while lower interest rates hurt.
Fifth Third Bancorp's (FITB) fourth-quarter 2019 results reflect solid fee income growth, partially offset by higher expenses and provisions.
Fifth Third (FITB) came out with adjusted earnings per share of 68 cents (excluding certain one-time items), lagging the Zacks Consensus Estimate of 73 cents.
Investor sentiment mixed on banks' Q4 earnings, with the major players displaying top-line strength aided by higher fee income and loan growth, partly muted by margin pressure and elevated expenses.
Wells Fargo's (WFC) mortgage banking performance is projected to have improved in the December-end quarter. However, ongoing litigation hassles may have escalated the bank's expenses.
First Republic's (FRC) Q4 results are likely to reflect higher investment management revenues, muted interest income and increased expenses.