|Bid||26.87 x 3200|
|Ask||26.88 x 1200|
|Day's Range||26.82 - 27.32|
|52 Week Range||24.10 - 34.67|
|Beta (3Y Monthly)||1.44|
|PE Ratio (TTM)||8.83|
|Forward Dividend & Yield||0.72 (2.63%)|
|1y Target Est||N/A|
Fifth Third Finance Academy, the Bank’s financial and entrepreneurship education program for high school juniors, educated 149,900 students in its full school year, 2017-2018. The majority of the students reside in the Bank’s 10 market states of Ohio, Indiana, Kentucky, Michigan, Florida, Illinois, North Carolina, Tennessee, Georgia and West Virginia. A part of Fifth Third’s $32 billion Community Commitment, which is currently in its third year, the Bank collaborated with EverFi to develop Finance Academy for high school students.
It’s that time of year when recent college graduates have to start paying back their student loans – “grace period” is ending, and Fifth Third Bank has a solution. “Fifth Third is working hard to help our customers achieve their goals, and we know that student debt is the single largest obstacle for many of our millennial customers,” said Ben Hoffman, head of Fintech Investing and Partnerships and co-head of Strategy for Fifth Third Bancorp.
Fifth Third Bank recently hosted its fourth annual Supplier Diversity Summit. The Supplier Diversity Summit is hosted each year as a way to help women-, minority- and veteran-owned companies do more business with Fifth Third. Greg Carmichael, Fifth Third’s chairman, president and CEO, said supplier diversity is key to the Bank’s bottom line.
Fifth Third Bancorp will present at the 2018 BancAnalysts Association of Boston Conference in Boston on November 8, 2018 at approximately 11:25 AM ET. Tayfun Tuzun, executive vice president and chief financial officer, will present on behalf of the Company.
Fifth Third Bancorp (FITB) today announced a $2 billion increase in its five-year, companywide Community Commitment, expanding it from $30 billion to $32 billion. The $2 billion increase will be invested entirely in greater Chicago, enlarging the Bank’s local commitment from $3.6 billion to $5.6 billion. The increase in the Commitment reflects Fifth Third’s planned expansion in the Chicago-area market.
Fifth Third Bank extends its sponsorship as the Official Bank of the Nashville Predators and Bridgestone Arena in a multi-year deal. Fifth Third will continue to offer fans exclusive team-affiliated banking products and services such as Nashville Predators Banking and fan experiences. “This sponsorship helps us to connect in new and meaningful ways to the loyal and proud fan base of the Nashville Predators,” said Mickey McKay, regional president for Fifth Third Bank (Tennessee).
More than 500 individuals and companies have donated money to help victims of the Sept. 6 shooting at Fifth Third Bank’s headquarters. The Fifth Third Foundation made a $1 million gift to help victims, and others are joining the effort. “The support that the Cincinnati community has shown for our Fifth Third family continues to be a source of strength for all of our employees,” said Greg Carmichael, Chairman, President and CEO of Fifth Third Bancorp.
Fifth Third Bank, along with the City of Cincinnati and Local Initiatives Support Corporation (LISC), today announced the launch of the Cincinnati Access Fund, a $3.5 million loan fund that will provide access to capital and ongoing support and technical assistance for minority- and women-owned small businesses in Cincinnati. A bank, nonprofit and city collaboration, the Cincinnati Access Fund is addressing the capital gap that many minority small business owners face, preventing them from opening and/or growing their businesses.
Fifth Third Bancorp announced that it is increasing its prime lending rate to 5.25 percent, effective immediately.
Fifth Third today announced a $100,000 donation to the American Red Cross in support of relief efforts in the aftermath of Hurricane Florence. The donation is designated for the states of North Carolina and South Carolina and is being funded through the Fifth Third Foundation.
The Fifth Third Foundation has made a $1 million gift to help victims of last week’s tragedy and hopes to raise another $1 million through donations. Fifth Third Bank has provided or coordinated assistance in a variety of ways to the shooting victims and their families, regardless of whether the individuals impacted were employees or contractors. “We have been touched and strengthened by the community rallying around us,” said Greg Carmichael, chairman, president and CEO of Fifth Third Bancorp, “and we wanted to do more.
Fifth Third Bancorp is scheduled to report third quarter 2018 financial results on October 23, 2018. The announcement will be available at www.53.com at approximately 6:30 AM ET.
Fifth Third MomentumTM hit a milestone this month: It has now helped customers pay down $1 million in student loan debt. The Fifth Third Momentum app, which launched last summer, allows customers to round up their debit card purchases to apply to a student loan. “We understand how student loan debt is affecting recent graduates as well as our communities and the economy overall,” Greg Carmichael, chairman, president and CEO of Fifth Third Bancorp, said.
This Thursday, WallStEquities.com has initiated reports coverage on the following Financial equities: Commerce Bancshares Inc. (NASDAQ: CBSH), Fifth Third Bancorp (NASDAQ: FITB), U.S. Bancorp (NYSE: USB), and First Commonwealth Financial Corp. (NYSE: FCF). All you have to do is sign up today for this free limited time offer by clicking the link below.
CINCINNATI-- -- 2Q18 net income available to common shareholders of $563 million, or $0.80 per diluted common share Results included a net positive $0.17 impact on reported 2Q18 EPS: $205 million pre-tax gain related to the sale of Worldpay, Inc. shares $30 million pre-tax charge to other noninterest income related to our branch optimization efforts, including the decision to close 29 branches and ...
Sibcy Cline, the largest real estate broker in Southwest Ohio, including Cincinnati and Dayton, Northern Kentucky and Southeastern Indiana, will reduce that kind of inefficiency by implementing Fifth Third Expert AP. Powered by the Mastercard B2B Hub with AvidXchange, the solution is an end-to-end automated platform that converts payable processes traditionally done by paper into electronic transactions. “We’ve had a great relationship with Fifth Third.
Fifth Third Bank’s Financial Risk Solutions group today introduced Fifth Third Market Trade, an online platform for executing and confirming foreign exchange trades.
NEW YORK , June 29, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York ...
Fifth Third Bancorp (FITB) announced today that the Board of Governors of the Federal Reserve System (“the Federal Reserve”) did not object to Fifth Third’s proposal for potential capital actions from July 1, 2018 through June 30, 2019 included in its capital plan submitted in April under the Comprehensive Capital Analysis and Review (“CCAR”) process. “We are pleased that the Federal Reserve’s non-objection will enable us to return a significant amount of excess capital to our shareholders,” said Greg Carmichael, chairman, president and CEO of Fifth Third Bancorp.
Fifth Third Bank this week opens seven new financial centers – most in high-growth areas in Florida. Whether new locations or digital products, the Bank continues to invest in improving the customer experience.