|Bid||28.03 x 800|
|Ask||29.50 x 800|
|Day's Range||28.17 - 28.40|
|52 Week Range||24.97 - 29.08|
|Beta (3Y Monthly)||0.19|
|PE Ratio (TTM)||9.66|
|Earnings Date||Oct 22, 2019|
|Forward Dividend & Yield||1.66 (5.84%)|
|1y Target Est||N/A|
Fifth Third Bancorp said Tuesday it will raise its hourly minimum wage by 20% to $18, beginning Oct. 28. The Cincinnati-based bank said the increase will impact 4,900 employees. The increase comes less than two years after it raised its minimum wage to $15 an hour from $12 an hour in January 2018. The company said its last minimum wage increase led to a 16% reduction in employee turnover. The current increase will primarily benefit employees in retail branches and operations support areas, and will not apply to those who work on a commissioned basis. The stock, which was still inactive in premarket trading, has rallied 14.7% year to date, while the SPDR S&P Bank ETF has advanced 10.7% and the S&P 500 has gained 13.5%.
Geo Group and CoreCivic lose ground as another bank joins list of those refusing to do future business with private prison operators.
With dividends and share buybacks announced after passing annual Fed stress tests, Citigroup stock and Goldman stock lead six bank stocks to buy and watch.
Four of Procter & Gamble Co.’s brands are among the most valuable in Ohio, and three other Cincinnati-based firms also made the annual ranking by the Brand Finance consultancy.
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: ...
Financial technology stock Worldpay could be added to the S&P 500 index, a positive development that could open it to more institutional buying, an analyst says. Worldpay stock rose Friday.
The U.S. Federal Reserve Board on Wednesday approved the acquisition of MB Financial Inc. by Fifth Third Bancorp. Fifth Third will indirectly acquire MB Financial's subsidiary bank, MB Financial Bank of ...
Cincinnati-based financial giant Fifth Third Bancorp (Nasdaq: FITB) hired a Texas market president to serve middle-market companies in the Lone Star State. Scott Silvas joins Fifth Third Bank from New York-based JPMorgan Chase & Co. (NYSE: JPM), where he served as executive director and managing market executive for the Houston middle-market group since 2014, according to a Feb. 28 press release. Silvas had also worked in other various roles with JPMorgan Chase since 2010, and he began his career in 2003 with Bank of Texas, per the release.