|Bid||26.48 x 3200|
|Ask||27.99 x 21500|
|Day's Range||26.98 - 27.48|
|52 Week Range||22.12 - 30.93|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||8.54|
|Forward Dividend & Yield||0.88 (3.32%)|
|1y Target Est||N/A|
Fifth Third Bank’s annual “Feeding Our Communities” initiative provided nearly 3 million meals in May to fight hunger across its 10-state footprint, triple its original goal. According to Feeding America, 40 million Americans – including more than 12 million children – live in households that lack the means to get enough nutritious food on a regular basis. Food-insecure families, defined as those who have limited or uncertain availability of nutritionally adequate and safe food, exist in every county in America.
Fifth Third Bancorp today announced that Fifth Third Bank has filed an application with the Office of the Comptroller of the Currency to convert from an Ohio state-chartered bank to a national bank to better align regulatory supervision with its expanding national business model by streamlining its operations under one uniform set of laws and regulations.
Fifth Third Foundation contributed $100,000 to support relief efforts for those impacted by tornadoes in the Dayton and Greater Indianapolis areas. Greg Carmichael, chairman, president and CEO of Fifth Third Bancorp, said the donation to the American Red Cross represents our commitment to improving lives in the communities we serve. “Disasters such as the recent tornadoes in the Dayton and Greater Indianapolis areas affect the communities that many of our customers and employees call home,” Carmichael said.
Fifth Third Bancorp will present at the Morgan Stanley Financials Conference in New York City on Wednesday, June 12, 2019, at approximately 9:30 AM ET. Chairman, President and Chief Executive Officer Greg D.
Fifth Third Bancorp (FITB) today announced that Teresa Tanner, executive vice president and chief administrative officer, has decided to step away from full-time work at the bank after 15 years. “Fifth Third has been the greatest joy of my professional life.
Helping individuals, families, communities and businesses achieve their goals takes hard work, experience and commitment. For more than 160 years, Fifth Third has worked to help people achieve their best lives through the delivery of innovative financial solutions and collaborative relationships that pave the way for positive, transformative and long-lasting change. “We have a long legacy at Fifth Third of supporting our local communities through investments, lending, community development, philanthropy and service,” said Chairman, President and CEO Greg D. Carmichael.
Fifth Third Bancorp’s more than 18,000 employees will celebrate Fifth Third Day by working to provide 1 million meals to the hungry across the Bank’s 10-state footprint and beyond. The month-long food drive will include donations, employee shield of recognition sales and employee volunteer efforts at area food banks, shelters and nonprofits focused on feeding the community.
Fifth Third Bank is proud to introduce a new type of mortgage that provides an affordable option for low-income families and people purchasing in low-income communities. “We want to help build strong communities,” said Chris Shroat, head of Fifth Third Mortgage. Fifth Third examined the biggest financial obstacles to home ownership, including assembling a down payment, paying closing costs and the lack of a consistent monthly payment.
Fifth Third Bancorp announced today that the Board of Directors of its wholly-owned subsidiary, MB Financial, Inc. , has declared a quarterly cash dividend on the Company’s 6.00% Non-Cumulative Perpetual Preferred Stock, Series C .
Fifth Third Bank has announced that it received a perfect score of 100 on the 2019 Corporate Equality Index, the nation’s premier benchmark survey and report on corporate policies and practices related to LGBTQ workplace equality.
Fifth Third Bank is offering business owners a chance to have their company’s logo featured on a NASCAR car through a contest that kicks off today. The winner of the Fifth Third Bank What Drives You Contest, which runs through April 26, will see their logo on Ricky Stenhouse Jr.’s No. 17 Fifth Third Ford Mustang at an upcoming race. One lucky business will be selected to have its company logo featured on the trunk of the Fifth Third Ford during the Quaker State 400 presented by Walmart at the Kentucky Speedway® on July 13.
Fifth Third Bancorp today announced continued strong progress against its five-year Community Commitment. As of December 31, 2018, the Bank had delivered $20.3 billion under the plan, which is 68 percent* of the total commitment and puts Fifth Third on pace to deliver the Commitment ahead of its scheduled completion in 2020. The Community Commitment was first announced in 2016 as a $27.5 billion plan over five years.
Fifth Third Bank has named Stephanie Smith as its chief inclusion and diversity officer. “Stephanie is a dynamic individual, and we are excited to announce her as our new chief inclusion and diversity officer,” said Teresa Tanner, Fifth Third’s chief administrative officer. Smith has worked for the Bank for 21 years, including with the Fifth Third Foundation, commercial banking, business banking, and community and economic development.
Fifth Third Bancorp announced today it has completed its acquisition of MB Financial, Inc. . Primary systems and client conversion is expected to occur in early May 2019.
NEW YORK , March 18, 2019 /PRNewswire/ -- S&P SmallCap 600 constituent First Financial Bankshares Inc. (NASD: FFIN) will replace MB Financial Inc. (NASD: MBFI) in the S&P MidCap 400, and Ferro Corp. (NYSE: ...
Fifth Third Bancorp (FITB) and MB Financial, Inc. (MBFI) jointly announced today that Fifth Third Bancorp has received all necessary regulatory approvals for completion of the transactions contemplated in the companies’ merger agreement dated May 20, 2018. The merger received the necessary approvals from MB Financial common stockholders in September 2018. Primary systems conversion is expected to occur in early May 2019, and MB Financial Bank customers will receive notifications relating to the conversion and the merger of the two banks.
Fifth Third Bank announced today that Matt Sargent will lead its new Wholesale Deposits and Financial Solutions group, which will serve specialized middle market and corporate clients. In the new role, Sargent will report to Tom Heiks, executive vice president and head of middle market banking for Fifth Third.
Fifth Third Bancorp will participate in a discussion regarding the Company at the RBC Capital Markets Financial Institutions Conference in New York City on March 12, 2019 at approximately 8:40 AM ET.
Fifth Third Bancorp is scheduled to report financial results and host conference calls to discuss results on the following dates:
Fifth Third Bank has been recognized by the Ethisphere® Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies®. “We are extremely honored that Fifth Third has been named one of the World’s Most Ethical Companies by Ethisphere. This recognition is a testament to our commitment to our employees, customers and communities as well as our delivering consistent financial results,” said Greg Carmichael, president, chairman and CEO of Fifth Third Bank.
DobotTM, powered by Fifth Third, is designed to change the way consumers achieve their goals. “Dobot offers consumers a simple and fun way to reach their goals, whether that’s a spring break vacation or a down payment for a house,” said Doug Smith, who heads digital initiatives for Fifth Third’s Consumer Bank. Every few days, the app – which analyzes each user’s spending habits – determines how much a customer can reasonably afford to put toward those goals, then automatically transfers small amounts of money from the customer’s checking account to a Dobot savings account.
Diluted earnings per share of $0.64, including a negative $0.05 impact from certain items on page 2 of the 4Q18 earnings release