FITB - Fifth Third Bancorp
| Previous Close | 27.29 |
| Open | 27.42 |
| Bid | 27.12 x 1200 |
| Ask | 27.13 x 900 |
| Day's Range | 26.76 - 27.49 |
| 52 Week Range | 22.12 - 30.90 |
| Volume | 6,580,421 |
| Avg. Volume | 8,291,107 |
| Market Cap | 19.793B |
| Beta (3Y Monthly) | 1.37 |
| PE Ratio (TTM) | 8.48 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.96 (3.52%) |
| Ex-Dividend Date | 2019-06-27 |
| 1y Target Est | N/A |
- Zacks•yesterday
Fifth Third Bancorp (FITB) is a Top Dividend Stock Right Now: Should You Buy?
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.
- Zacks•yesterday
Fifth Third (FITB) Announces 9% Dividend Hike: Worth a Look?
Rewarding shareholders, Fifth Third Bancorp (FITB) increases quarterly common stock dividend by about 9% to 24 cents per share.
- Zacks•yesterday
Fifth Third (FITB) to Shut Down 44 Branches in Chicago Area
Fifth Third (FITB) is undertaking branch closures in order to remove duplicate roles post the acquisition of MB Financial.
- MarketWatch•2 days ago
Fifth Third's stock rallies after boosting dividend, setting new 100 million share buyback program
Shares of Fifth Third Bancorp rallied 2.2% in afternoon trading Tuesday, after Ohio-based bank said it was increasing its dividend by 9% and setting a new 100 million share repurchase program. The new quarterly dividend of 24 cents a share, up from 22 cents, will be payable July 15 to shareholders of record on June 28. Based on current stock prices, the new annual dividend rate implies a dividend yield of 3.48%, well above the yield for the SPDR S&P Financial Select Sector ETF of 1.92% and the implied yield for the S&P 500 of 1.97%, according to FactSet. The banker said the new share buyback program replaces the previous program that had 22 million shares remaining. The current program represents about 13.6% of the shares outstanding. The stock has rallied 17.2% year to date, while the financial ETF has climbed 14.9% and the S&P 500 has advanced 16.5%.
- Reuters•2 days ago
Wells Fargo is dismissed from municipal bond lawsuit by Philadelphia, Baltimore
Wells Fargo & Co was dismissed as a defendant in a lawsuit by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate demand obligations, a type of tax-exempt bond. The dismissal came after Wells Fargo represented that it did not remarket, provide letters of credit for, or manage money market funds that invested in the bonds, according to a Tuesday filing in Manhattan federal court. JPMorgan Chase & Co and Fifth Third Bancorp were previously dismissed as defendants.
- American City Business Journals•2 days ago
Fifth Third Bank closing more than 40 Chicagoland locations next month
Fifth Third Bank said it's closing 44 Chicagoland locations next month after its acquisition of MB Financial.
- Zacks•2 days ago
Prosperity Bancshares to Buy LegacyTexas Financial for $2.1B
Prosperity Bancshares' (PB) acquisition of LegacyTexas Financial (LTXB) will be earnings accretive and further expand the company's branch locations.
- Markit•2 days ago
See what the IHS Markit Score report has to say about Fifth Third Bancorp.
Fifth Third Bancorp NASDAQ/NGS:FITBView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for FITB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting FITB. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding FITB are favorable, with net inflows of $8.22 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•3 days ago
Associated Banc-Corp Closes Buyout of 32 Wisconsin Branches
The acquisition of 32 Wisconsin branches of Huntington National Bank will further expand Associated Banc-Corp's (ASB) geographical footprint and support revenues.
- Insider Monkey•13 days ago
Hedge Funds Have Never Been This Bullish On Fifth Third Bancorp (FITB)
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
- American City Business Journals•16 days ago
Latest big donors bring Charlotte housing campaign close to $50M goal
A little over a year ago, Foundation For The Carolinas CEO Michael Marsicano issued a challenge to himself and the local business community: Raising $50 million worth of private money by the summer of 2019 to match what became a voter-approved affordable housing bond for the same amount.
- Zacks•17 days ago
This is Why Fifth Third Bancorp (FITB) is a Great Dividend Stock
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.
- Zacks•20 days ago
Fifth Third Early Access Loan Case Revived by Federal Court
Fifth Third (FITB) is accused of misleading customers by advertising annual percentage rates used in its Early Access cash advance loans program much lower than the actual.
- American City Business Journals•21 days ago
Appeals court advances Fifth Third payday lending lawsuit
The Sixth Circuit Court of Appeals based in Cincinnati advanced a lawsuit accusing Fifth Third Bank of misleading consumers in certain high-cost, short-term loans.
- Barrons.com•21 days ago
These Stocks Have Been Beating the Market, but the Yield Curve Could Change That Fast
Stocks in regional banks are doing better than the S&P 500 so far this quarter. But the outlook is now decidedly mixed amid warnings in the bond market.
- Schaeffer's Investment Research•27 days ago
25 Stocks to Avoid After Memorial Day
Another post-holiday slump could rattle some near-term options traders
- Zacks•28 days ago
Why Is Fifth Third (FITB) Down 3.3% Since 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.
- American City Business Journals•29 days ago
Fifth Third opens next-gen branch: PHOTOS
Fifth Third Bank has unveiled its design for a next-generation branch it’ll use for all of its new banking centers, starting with its location inside the new Kroger store in Green Township that opened last week.
- American City Business Journals•29 days ago
P&G tops list of 8 Cincinnati firms ranked among largest public companies in world
Eight Cincinnati-based public companies are among the largest in the world, according to the 17th annual ranking by Forbes Media.
- American City Business Journals•last month
Fifth Third’s outgoing Tanner: 'I want my final act to be completely different'
Fifth Third Bancorp executive officer Teresa Tanner explained what she's targeting next for what she calls "the final act of my career" as she steps down from a C-level role at the bank.
- MarketWatch•last month
These 20 S&P 500 companies have posted the biggest sales surprises this earnings season
DEEP DIVE The earnings game on Wall Street is stacked in favor of generating positive headlines for companies as they “beat” earnings estimates. Investors have learned to take many earnings-season “surprises” with a grain of salt, but some surprises are important enough to drive analysts’ estimates significantly higher, which in turn can support higher share prices over the long term.
- American City Business Journals•last month
Fifth Third ramps up its tech game with its eye on Florida
The bank continues to launch new apps, but also launch prototype, highly-automated branches in the Southeast.
- Zacks•last month
Are You Looking for a High-Growth Dividend Stock? Fifth Third Bancorp (FITB) Could Be a Great Choice
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.
