|Bid||0.00 x 4000|
|Ask||0.00 x 4000|
|Day's Range||25.39 - 25.71|
|52 Week Range||22.12 - 30.20|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||8.72|
|Earnings Date||Oct 22, 2019|
|Forward Dividend & Yield||0.96 (3.78%)|
|1y Target Est||31.69|
Fifth Third Bancorp (FITB) announced today that Peter Gruebele has joined Fifth Third as senior vice president and San Francisco market executive. In this role, he will report to Joseph Yurosek, California market president for Fifth Third Bank.
Fifth Third Bank is eager to make it clear that entering the Bay Area market is part of a long-term strategy.
Fifth Third Bank said its wellness program's success is defined by employee participation, competitive benchmarking and impact on employee health by aggregate biometric and claims data. The primary subsidiary of Cincinnati-based Fifth Third Bancorp (Nasdaq: FITB) — one of Central Florida's largest banking institutions with $1.78 billion in local deposits as of June 2018 — said encouraging employee wellness tends to result in a better customer experience. The bank provides reward money as an incentive to motivate employees to complete specific health and financial wellness activities, including personal assessments, biometric screenings and engagement status in the program.
Two Fifth Third Bank executives and leaders at Procter & Gamble Co. and Macy’s Inc. made Savoy Magazine’s 2019 list of the Most Influential Women in Corporate America.
Fifth Third Bank is pleased to announce that for the second consecutive year, it has been recognized by Diversity Best Practices, a division of Working Mother Media, for creating an inclusive workplace. Fifth Third was among 80 organizations nationally to earn the honor. “We are honored to be included in the 2019 Diversity Best Practices Index,” said Stephanie Smith, vice president and chief inclusion and diversity officer, Fifth Third Bank.
Cincinnati-based Fifth Third Bank told the San Francisco Business Times Wednesday that the nation’s 18th-largest bank will soon have a “more robust presence” in the Bay Area. Fifth Third, led by CEO Greg Carmichael, also said Wednesday that its Fifth Third Securities Inc. unit hired Timothy Beach, Ari Citrin and Oliver Janssen as managing directors to lead its newly created renewable energy investment banking group. The team will remain based in San Francisco.
Cincinnati stocks got slammed as the stock market plummeted Wednesday to its fourth-biggest one-day decline of all time.
Fifth Third Bancorp announced today that Fifth Third Securities Inc. has hired Timothy Beach, Ari Citrin and Oliver Janssen as managing directors to lead its new Renewable Energy Investment Banking Group.
Ohio-based Fifth Third Bank has bold plans for Raleigh – including a “couple dozen” new branches expected to pop up by early 2019.
Fifth Third Bancorp today announced that it has submitted a redemption notice to the trustee for redemption on September 23, 2019, of all the outstanding trust preferred securities issued by MB Financial Capital Trust III.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Fifth Third Bancorp (FITB) have what it takes? Let's find out.
Fifth Third Bancorp said Tuesday it will raise its hourly minimum wage by 20% to $18, beginning Oct. 28. The Cincinnati-based bank said the increase will impact 4,900 employees. The increase comes less than two years after it raised its minimum wage to $15 an hour from $12 an hour in January 2018. The company said its last minimum wage increase led to a 16% reduction in employee turnover. The current increase will primarily benefit employees in retail branches and operations support areas, and will not apply to those who work on a commissioned basis. The stock, which was still inactive in premarket trading, has rallied 14.7% year to date, while the SPDR S&P Bank ETF has advanced 10.7% and the S&P 500 has gained 13.5%.
Fifth Third Bancorp is raising its minimum wage, which will impact more than a quarter of its employees. The Cincinnati-based bank (Nasdaq: FITB), which ranks as the largest local and the nation’s 10th-biggest U.S.-based consumer bank, will raise its minimum wage to $18 per hour beginning Oct. 28, which marks a 50% increase in the bank’s minimum hourly wage in the past two years. Fifth Third CEO Greg Carmichael told me that he views the wage increase as an investment in the business.
Fifth Third Bancorp today announced it will raise its minimum wage to $18 per hour for approximately 4,900 employees beginning Oct. 28. The increase recognizes the contributions of employees in driving not only the Bank’s success, but also the success of its customers. “We’re pleased to invest in the people who, every day, deliver banking that is a Fifth Third better,” said Chairman, President and CEO Greg D. Carmichael.
Please replace the release with the following corrected version due to multiple revisions. The previous press release dated August 2, 2019, had indicated the accrued and unpaid distributions to the actual redemption date per security related to MB Financial Capital Trust II, IV, and V were to be $347.53, $207.10, and $290.06, respectively.
Fifth Third Bancorp today announced that it has submitted redemption notices to the trustees for redemption on September 16, 2019, of all the outstanding trust preferred securities issued by MB Financial Capital Trust II, IV, and V.
Greg Carmichael was in Dayton this week, doing what he calls the most enjoyable part of his job. Carmichael, president, CEO and chairman of Fifth Third Bancorp, visited area branches and met with Dayton team members. The bank has $6.2 billion in local deposits, as well as 50 branches and 410 local employees. And Carmichael is no stranger to the Dayton region.
Investor sentiment upbeat on banks' Q2 earnings, with the financial firms displaying top-line strength with higher rates and a decent lending scenario.
EVP & COO of Fifth Third Bancorp (30-Year Financial, Insider Trades) Lars C Anderson (insider trades) sold 25,000 shares of FITB on 07/24/2019 at an average price of $29.75 a share. Continue reading...