|Bid||0.00 x 3000|
|Ask||0.00 x 3200|
|Day's Range||28.22 - 28.66|
|52 Week Range||24.17 - 31.64|
|Beta (5Y Monthly)||1.41|
|PE Ratio (TTM)||8.56|
|Forward Dividend & Yield||0.96 (3.33%)|
|Ex-Dividend Date||Dec 29, 2019|
|1y Target Est||N/A|
Fifth Third Bank, National Association, announced today that Chicago-based Decennial Group will serve as a partner to help it invest $30 million in Qualified Opportunity Zones as part of its $100 million commitment announced last Friday. The funds will be used to develop projects in low-income urban and rural communities within the Bank’s footprint. The $100 million investment by Fifth Third Bank represents one of the largest made by an institution with a social impact investment strategy in Opportunity Zones.
Fifth Third Bank, National Association, announced today that it would invest $100 million in projects that support community development through four Opportunity Zone fund partners. The first two partners were announced at a 9:00 AM press conference at the national headquarters of Local Initiatives Support Corporation (LISC). The National Equity Fund, an affiliate of LISC, and Raymond James will be the first two partners to identify and structure investments meeting the Bank’s criteria. The remaining two partners will be announced in Chicago on Monday, Jan. 27.
The Foundation Office at Fifth Third Bank, National Association, has announced gifts of nearly $6.2 million in 2019 through eight major foundations for which it serves as trustee or agent. Grants were given to organizations that focus on education, arts and culture, civic and community programs, health and human services, and community reinvestment activities that benefit low- to moderate-income earners, small businesses, affordable housing, financial literacy and workforce development efforts.
Fifth Third Community Development Co. LLC II, a wholly owned, indirect subsidiary of Fifth Third Bank, National Association, closed more than $338 million in equity investments in 2019. The money funded more than 200 initiatives. The CDC focuses on affordable housing through the creation or preservation of housing units, small business access to capital and revitalization of distressed areas by investing in commercial and retail offices that benefit low- to moderate-income communities and people.
Fifth Third Bancorp today declared cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, and Class B Series A preferred shares.
Fifth Third Bancorp (Nasdaq: FITB) is expected to report financial results and host conference calls to discuss results on the following dates:
Fifth Third Bancorp will attend the Bank of America Merrill Lynch Future of Financials 2019 Conference in New York City on November 6, 2019 at approximately 8:00 AM ET.