FITBI - Fifth Third Bancorp
| Previous Close | 24.93 |
| Open | 24.94 |
| Bid | 24.87 x 2200 |
| Ask | 24.92 x 1100 |
| Day's Range | 24.82 - 24.98 |
| 52 Week Range | 21.08 - 27.06 |
| Volume | |
| Avg. Volume | 83,998 |
| Market Cap | 17.433B |
| Beta (5Y Monthly) | 1.19 |
| PE Ratio (TTM) | 7.15 |
| EPS (TTM) | 3.48 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.66 (6.64%) |
| Ex-Dividend Date | Mar 28, 2023 |
| 1y Target Est | N/A |
ZacksFifth Third (FITB) Rides on Organic Growth Amid Cost Woes
Diversified revenue sources, along with a rise in loans and deposits, are likely to support Fifth Third (FITB). However, mounting expenses and major exposure to commercial loans are headwinds.
ZacksFifth Third Bancorp (FITB) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Fifth Third Bancorp (FITB) closed at $25.49, marking a -1.77% move from the previous day.
Business WireFifth Third Bancorp to Participate in the Morgan Stanley US Financials, Payments & CRE Conference
CINCINNATI, June 05, 2023--Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2023 Morgan Stanley US Financials, Payments & CRE Conference on June 14, 2023, at approximately 8:00 AM ET. Tim Spence, president and chief executive officer, and Jamie Leonard, executive vice president and chief financial officer, will represent the Company.
Simply Wall St.The past year for Fifth Third Bancorp (NASDAQ:FITB) investors has not been profitable
Investors can approximate the average market return by buying an index fund. Active investors aim to buy stocks that...
ZacksFifth Third Bancorp (FITB) Gains But Lags Market: What You Should Know
In the latest trading session, Fifth Third Bancorp (FITB) closed at $25.26, marking a +0.84% move from the previous day.
Business WireFifth Third Bank Names Stephanie Green as South Florida President
NAPLES, Fla., May 23, 2023--Fifth Third Bank, National Association, has announced Stephanie Green as South Florida region president.
- Zacks
Fifth Third (FITB) Buys Embedded Payment Platform Rize Money
Fifth Third (FITB) enhances its embedded payments offerings with the buyout of Rize Money.
Business WireFifth Third Announces Acquisition of Rize Money, Inc.
CINCINNATI, May 22, 2023--Fifth Third Bancorp (NASDAQ: FITB) is pleased to announce the acquisition of Rize Money, Inc., an embedded payments platform that provides payment infrastructure and risk management capabilities to fintechs and other technology companies that want to offer innovative financial products through a single application programming interface.
ZacksFifth Third Bancorp (FITB) Closes Buyout of Big Data Healthcare
Fifth Third Bancorp (FITB) acquires Big Data LLC, which is likely to enhance healthcare payments and remittances, and leverage on its digital advancement.
Business WireFifth Third Completes Acquisition of Big Data Healthcare, Further Accelerating Bank’s Digital Payments and Managed Services Offerings
CINCINNATI, May 15, 2023--Fifth Third Bancorp (NASDAQ: FITB) today announced it has closed the acquisition of Big Data LLC, a technology solutions provider for healthcare payments and remittance. The transaction adds national healthcare revenue cycle capabilities, addressing the complex and complicated needs of clients, while building on Fifth Third’s legacy of digital innovation and focus on the healthcare sector.
Business WireFifth Third Bank Surprises Louisville and Charlotte Families on Fifth Third Day with Gift of College Savings
CHARLOTTE, N.C. & LOUISVILLE, Ky., May 04, 2023--Fifth Third Bank, National Association, surprised 94 newborns and their families for being born on a special day: 5/3. Babies born across 17 hospitals in the Charlotte and Louisville areas on "Fifth Third Day" received a $1,053 Gift of College® gift card to be used toward a 529 college savings account.
Business WireFifth Third Bank to Increase Prime Lending Rate to 8.25%
CINCINNATI, May 03, 2023--Fifth Third Bank, National Association, today announced it will increase its prime lending rate to 8.25%, effective immediately.
Business WireFifth Third Day to Provide 10 Million Meals to Fight Food Insecurity
CINCINNATI, May 03, 2023--Fifth Third Bank, National Association’s nearly 20,000 employees will celebrate Fifth Third Day XXXII by fighting food insecurity in the communities where they live and work. In honor of the companywide celebration on May 3, the Bank will provide 10 million meals across its 11-state retail footprint through a combination of volunteerism, donations and fundraising efforts.
- Simply Wall St.
Insiders might want to re-evaluate their US$1.6m stock purchase as Fifth Third Bancorp (NASDAQ:FITB) drops to US$18b
Insiders who acquired US$1.6m worth of Fifth Third Bancorp's ( NASDAQ:FITB ) stock at an average price of US$27.89 in...
Yahoo FinanceInside JPMorgan's late-night scramble to buy First Republic
Takeout Mexican, lots of coffee and more than 800 people fueled a weekend-long effort by JPMorgan to win a government-led auction.
- Thomson Reuters StreetEvents
Q1 2023 Fifth Third Bancorp Earnings Call
Q1 2023 Fifth Third Bancorp Earnings Call
- Zacks
Fifth Third (FITB) Q1 Earnings Miss, Revenues Rise on NII Hike
A significant rise in the fee income and NII aids Fifth Third's (FITB) Q1 revenue growth, while higher provisions for credit losses and lower deposits act as headwinds.
ZacksFifth Third Bancorp (FITB) Misses Q1 Earnings and Revenue Estimates
Fifth Third Bancorp (FITB) delivered earnings and revenue surprises of -1.27% and 0.41%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ReutersUS regional banks' shares slip as deposit flight counters higher interest income
A clutch of U.S. regional lenders on Thursday joined peers in reporting deposit outflows for the first quarter as customers spooked by a banking crisis moved funds to bigger institutions or sought higher yields in money market funds. Shares in Fifth Third Bancorp, Comerica, Truist Financial Corp and KeyCorp fell as the deposit flight dampened a jump in the lenders' interest income from the U.S. Federal Reserve's aggressive monetary policy tightening through the past year. Only Huntington Bancshares Inc managed to grow average total deposits by $472 million from the prior quarter.
- Reuters
Fifth Third Bancorp profit rises 13% as higher rates bolster interest income
Fifth Third Bancorp reported a near 13% rise in first-quarter profit on Thursday as the lender's income was bolstered by a slew of interest rate hikes by the U.S. Federal Reserve. Banks have been some of the most prominent beneficiaries of the Fed's aggressive monetary policy tightening aimed at bringing down inflation after the central bank kept rates at near-zero for years during the pandemic. Fifth Third's net interest income rose 27% to $1.52 billion in the first quarter, compared with $1.20 billion a year earlier.
Business WireFifth Third Reports First Quarter 2023 Diluted Earnings Per Share of $0.78
CINCINNATI, April 20, 2023--Fifth Third Bank (NASDAQ: FITB):
Business WireFifth Third Bancorp Announces Preliminary Results of Annual Shareholders Meeting
CINCINNATI, April 18, 2023--Fifth Third Bancorp (Nasdaq: FITB) has announced that preliminary results from the Annual Shareholders Meeting held earlier today have indicated the following directors were re-elected:
- Zacks
Fifth Third (FITB) to Report Q3 Earnings: Will it Disappoint?
While decent loan demand and higher rates are likely to have offered some support to Fifth Third's (FITB) Q1 earnings, heightening recession fears and elevated expenses are expected to have acted as dampeners.
ZacksEarnings Preview: Northern Trust Corporation (NTRS) Q1 Earnings Expected to Decline
Northern Trust Corporation (NTRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ZacksFifth Third Bancorp (FITB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Fifth Third Bancorp (FITB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
