|Bid||29.24 x 1300|
|Ask||30.15 x 3200|
|Day's range||29.30 - 29.60|
|52-week range||24.17 - 31.64|
|Beta (5Y monthly)||1.41|
|PE ratio (TTM)||9.74|
|Earnings date||21-Apr-2019 - 25-Apr-2019|
|Forward dividend & yield||0.96 (3.27%)|
|1y target est||33.36|
Investor sentiment mixed on banks' Q4 earnings, with the major players displaying top-line strength aided by higher fee income and loan growth, partly muted by margin pressure and elevated expenses.
Wells Fargo's (WFC) mortgage banking performance is projected to have improved in the December-end quarter. However, ongoing litigation hassles may have escalated the bank's expenses.
First Republic's (FRC) Q4 results are likely to reflect higher investment management revenues, muted interest income and increased expenses.
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:
Presidential candidates are promising to help ease the burden of student loan debt but David Klein, the CEO of CommonBond says refinancing student debt now may help millions struggling to get a break.
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.
While rise in revenues, and loan and deposit balances support BOK Financial's (BOKF) Q3 earnings, escalating expenses, along with fall in net interest margin, hurt.
Fifth Third Bancorp's (FITB) third-quarter 2019 results reflect solid fee income growth, partially offset by higher expenses and provisions.