FITB - Fifth Third Bancorp

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
31.76
+0.56 (+1.79%)
At close: 4:00PM EDT
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Previous Close31.20
Open31.11
Bid0.00 x 36900
Ask0.00 x 900
Day's Range30.91 - 31.81
52 Week Range23.20 - 34.67
Volume12,141,227
Avg. Volume5,886,125
Market Cap21.771B
Beta1.29
PE Ratio (TTM)11.22
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.64 (1.88%)
Ex-Dividend Date2018-03-28
1y Target EstN/A
Trade prices are not sourced from all markets
  • Trump signs bill easing post-2008 crisis restraints on banks
    Associated Press9 hours ago

    Trump signs bill easing post-2008 crisis restraints on banks

    President Donald Trump on Thursday signed into law a measure that loosens key restraints for banks imposed after the 2008 financial crisis and Great Recession. The Republican-crafted bill passed Congress on Tuesday with the help of some Democratic votes and allowed Trump to fulfill his campaign pledge of dismantling the landmark Dodd-Frank law. The 2010 law was enacted by President Barack Obama and Democrats in Congress in response to the crisis that brought millions of lost jobs and foreclosed homes, and a taxpayer bailout of hundreds of billions for banks on Wall Street and beyond.

  • Fifth Third names new chief legal officer
    American City Business Journals11 hours ago

    Fifth Third names new chief legal officer

    Fifth Third Bancorp has officially named its newest chief legal officer. Susan Zaunbrecher, a former partner at Cincinnati law firm Dinsmore & Shohl who Fifth Third brought in last month, was officially named to chief legal officer on Thursday.

  • Reuters11 hours ago

    Online lending platform GreenSky edges higher on market debut

    GreenSky LLC, an online platform for consumers to get loans for home improvements or cosmetic surgery, made its market debut on Thursday, with shares rising slightly above the initial public offering price. The Atlanta-based firm's upsized initial public offering of 38 million shares was priced at $23 per share earlier on Thursday, raising about $874 million. "Our ambitions are to continue to grow and be a very, very large company," Chief Executive David Zalik said in a telephone interview.

  • Reuters13 hours ago

    U.S. Senate confirms former banker McWilliams to lead FDIC

    The U.S. Senate voted on Thursday to confirm former banker Jelena McWilliams to serve as chair of the Federal Deposit Insurance Corporation , completing President Donald Trump's team of key banking regulators. ...

  • MB Financial (MBFI) Under Review for Upgrade by Moody's
    Zacks15 hours ago

    MB Financial (MBFI) Under Review for Upgrade by Moody's

    Ratings of MB Financial (MBFI) under review for an upgrade by Moody's Investors Service, following announcement of the stock-cash acquisition deal with Fifth Third (FITB).

  • Why Is Fifth Third (FITB) Down 4.1% Since its Last Earnings Report?
    Zacks15 hours ago

    Why Is Fifth Third (FITB) Down 4.1% Since its Last Earnings Report?

    Fifth Third (FITB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Moody'syesterday

    MB Financial Bank, N.A. -- Moody's reviews MB Financial's ratings for upgrade based on planned acquisition by Fifth Third

    Moody's Investors Service has placed the ratings of MB Financial, Inc. (senior unsecured shelf (P)Ba1) and its lead bank MB Financial Bank, National Association (MB Financial, issuer rating Ba1) on review for upgrade following the company's announcement that it has entered into a definitive agreement to be acquired by Fifth Third Bancorp (Fifth Third, senior unsecured Baa1) for $4.7 billion.

  • Gun-control advocates target Bank of America on Remington deal after Santa Fe shooting
    American City Business Journalsyesterday

    Gun-control advocates target Bank of America on Remington deal after Santa Fe shooting

    Last week's shooting at Santa Fe High School brought Charlotte-based Bank of America Corp. under fire once again for its decision to back a lending package to save assault-rifle manufacturer Remington Outdoor from bankruptcy.

  • Most analysts react harshly to Fifth Third acquisition (with one contrarian)
    American City Business Journalsyesterday

    Most analysts react harshly to Fifth Third acquisition (with one contrarian)

    Analysts’ opinions of Fifth Third Bancorp’s stock prospects soured after Cincinnati’s largest locally based bank said Monday it will buy Chicago-based MB Financial Inc. for $4.7 billion.

  • Company News For May 23, 2018
    Zacks2 days ago

    Company News For May 23, 2018

    Companies in the news are: MU,ADBE,FITB,AAP,MBFI

  • Trump eager to sign bill rolling back Dodd-Frank regulations
    Associated Press2 days ago

    Trump eager to sign bill rolling back Dodd-Frank regulations

    President Donald Trump indicated Wednesday that he's eager to sign a bill that would dismantle a chunk of the rules framework for banks, installed to prevent recurrence of the 2008 financial crisis that brought millions of lots jobs and foreclosed homes. The House voted 258-159 on Tuesday to approve legislation rolling back the Dodd-Frank law, notching a legislative win for Trump, who made gutting the landmark law a campaign promise. The Republican-led legislation, pushed by Wall Street banks as well as regional banks and smaller institutions, garnered 33 votes from House Democrats.

  • Financial Times2 days ago

    [$$] US has more than 5,600 banks. Consolidation is coming

    The US’s banks have largely sat out the mergers and acquisitions wave of recent years. While deal records have fallen in almost every other sector, big banks have done almost nothing , shrinking rather ...

  • Congress moves to dismantle key post-crisis bank rules
    Associated Press2 days ago

    Congress moves to dismantle key post-crisis bank rules

    WASHINGTON (AP) — Congress moved Tuesday to dismantle a chunk of the rules framework for banks, installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes.

  • Barrons.com2 days ago

    Relief or Risk for Smaller Banks? Regulatory Rollback Nears

    The House of Representatives is set to pass a significant rollback of post-crisis regulations for mid-size and community banks. The bipartisan effort, referred to as the Crapo bill after co-author Senator Mike Crapo of Idaho, removes a set of stricter regulatory standards for banks with assets up to $250 billion. Previously under the 2010 Dodd-Frank financial regulatory overhaul, banks with assets of $50 billion or more were subject to stricter regulation and oversight.

  • How a fast-growing Tampa health tech company will use new access to credit
    American City Business Journals2 days ago

    How a fast-growing Tampa health tech company will use new access to credit

    It's the first time the company has tapped a funding source other than its own internal operating cash flow.

  • Benzinga3 days ago

    Baird's Bearish Case For Fifth Third Bancorp Comes To An End After M&A Deal

    Fifth Third agreed to buy MB Financial in a deal that values the company at 2.76x tangible book value and tangible book value dilution of 7.7 percent, George said in a note. Investors may have reason to be "struggling" with the TBV dilution and the new M&A deal puts at risk the improving pace of organic capital return.

  • Reuters3 days ago

    MOVES-Fifth Third hires Sosland to oversee middle market loan syndications

    By Kristen Haunss NEW YORK, May 22 - Fifth Third has hired Joshua Sosland as a managing director in the debt capital markets group to oversee middle market loan syndications. Sosland, who joined the bank ...

  • Barrons.com3 days ago

    More Bank Mergers Are on the Way…Finally

    On Monday, Fifth Third Bancorp (FITB) announced that it will buy fellow bank MB Financial (MBFI)  for $54.20 per share in a cash-and-stock deal valued at $4.7 billion. While, M&A has been a popular way to boost growth during the slow recovery from the financial crisis, banks have been left out of the party. Congress is also on the cusp of rolling back the financial rules put in place after the financial crisis, as well.

  • Fifth Third (FITB) Set to Acquire MB Financial for $4.7B
    Zacks3 days ago

    Fifth Third (FITB) Set to Acquire MB Financial for $4.7B

    Fifth Third (FITB) enters into stock-cash acquisition deal with MB Financial (MBFI), for a total value of $4.7 billion.

  • Fifth Third Bancorp and Celgene: Top Losses on May 21
    Market Realist3 days ago

    Fifth Third Bancorp and Celgene: Top Losses on May 21

    The S&P 500’s top losses on May 21 were: Fifth Third Bancorp (FITB) declined 7.9%. Celgene (CELG) declined 4.7%. Symantec (SYMC) declined 2.7%. Allergan (AGN) declined 2.7%. Campbell Soup (CPB) declined 2.3%. Fifth Third Bancorp

  • The Wall Street Journal3 days ago

    [$$] Fifth Third Agrees to Buy MB Financial

    Fifth Third Bancorp said Monday it has agreed to buy MB Financial Inc. in a mostly stock deal, further expanding Fifth Third’s presence in Chicago. The companies valued the transaction at $4.7 billion, though a sharp drop in Fifth Third’s stock pushed that value down. Analysts questioned the deal’s price tag, which is at a 24% premium to MB Financial’s value on Friday.

  • The Wall Street Journal3 days ago

    [$$] Fifth Third Signals Resurgence of Banker Confidence

    Fifth Third Bancorp’s $4.7 billion deal to acquire small Chicago-based lender MB Financial is a sign that positive animal spirits have returned to the banking world. Investors should expect many more mergers and acquisitions. Rather, it has everything to do with Fifth Third’s high share price, capital reserves and confidence level.

  • Barrons.com3 days ago

    After the Bell: Dow Soars 298 Points as Market Bets Trade Talk Isn't Cheap

    The Dow Jones Industrial Average jumped nearly 300 points today. If the Dow Jones Industrial Average's slump from its January high was about the potential for a trade war, then one of the biggest impediments to further gains appears to have been removed today. In tweets and other reports, the White House appeared to suggest that it would hold off on placing tariffs on China in favor of negotiations.

  • Why Fifth Third Bancorp, Qudian, and U.S. Steel Slumped Today
    Motley Fool3 days ago

    Why Fifth Third Bancorp, Qudian, and U.S. Steel Slumped Today

    Find out which of these stocks slumped following a potentially suspect strategic move.

  • Why Denbury Resources, MB Financial, and World Wrestling Entertainment Jumped Today
    Motley Fool3 days ago

    Why Denbury Resources, MB Financial, and World Wrestling Entertainment Jumped Today

    Learn which of these companies made smart deals today.