NASDAQ:FITB - Fifth Third Bancorp Stock Price, News, & Analysis

Fifth Third Bancorp trades on the NASDAQ under the ticker symbol "FITB."

Fifth Third Bancorp declared a quarterly dividend on Tuesday, December 18th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.22 per share on Tuesday, January 15th. This represents a $0.88 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Friday, December 28th. This is a boost from Fifth Third Bancorp's previous quarterly dividend of $0.18. View Fifth Third Bancorp's Dividend History.

Fifth Third Bancorp declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 28th 2018, which authorizes the company to repurchase 100,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

Fifth Third Bancorp (NASDAQ:FITB) posted its quarterly earnings results on Tuesday, January, 22nd. The financial services provider reported $0.69 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.02. The financial services provider had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.66 billion. Fifth Third Bancorp had a net margin of 27.32% and a return on equity of 12.34%. During the same period in the previous year, the company posted $0.48 EPS. View Fifth Third Bancorp's Earnings History.

Fifth Third Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Fifth Third Bancorp.

17 Wall Street analysts have issued 1-year price objectives for Fifth Third Bancorp's shares. Their forecasts range from $26.00 to $36.00. On average, they expect Fifth Third Bancorp's share price to reach $31.3571 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets for Fifth Third Bancorp.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fifth Third Bancorp in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fifth Third Bancorp.

Headlines about FITB stock have trended neutral on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Fifth Third Bancorp earned a news sentiment score of 0.3 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days.

Some companies that are related to Fifth Third Bancorp include Bank of Nova Scotia (BNS), SBERBANK RUSSIA/S (SBRCY), Bank of New York Mellon (BK), BANCO BRADESCO/S (BBDO), State Street (STT), M&T Bank (MTB), Northern Trust (NTRS), Deutsche Bank (DB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Popular (BPOP) and Prosperity Bancshares (PB).

Fifth Third Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.65%), Sanders Capital LLC (2.72%), Boston Partners (1.55%), Dimensional Fund Advisors LP (1.46%), Geode Capital Management LLC (1.45%) and Northern Trust Corp (1.41%). Company insiders that own Fifth Third Bancorp stock include Aravind Immaneni, Emerson L Brumback, Frank R Forrest, Greg D Carmichael, James C Leonard, Jelena Mcwilliams, Jewell D Hoover, Lars C Anderson, Mark D Hazel, Teresa J Tanner and Timothy Spence. View Institutional Ownership Trends for Fifth Third Bancorp.

FITB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, Millennium Management LLC, APG Asset Management N.V., Mackay Shields LLC, Bank of America Corp DE, Los Angeles Capital Management & Equity Research Inc. and First Trust Advisors LP. Company insiders that have sold Fifth Third Bancorp company stock in the last year include Aravind Immaneni, Emerson L Brumback, James C Leonard, Jelena Mcwilliams and Mark D Hazel. View Insider Buying and Selling for Fifth Third Bancorp.

FITB stock was bought by a variety of institutional investors in the last quarter, including Sanders Capital LLC, Oregon Public Employees Retirement Fund, Dimensional Fund Advisors LP, Northern Trust Corp, Prudential Financial Inc., Geode Capital Management LLC, LMR Partners LLP and MUFG Securities EMEA plc. View Insider Buying and Selling for Fifth Third Bancorp.

Shares of FITB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of FITB stock can currently be purchased for approximately $27.93.

Fifth Third Bancorp has a market capitalization of $18.31 billion and generates $7.97 billion in revenue each year. The financial services provider earns $2.19 billion in net income (profit) each year or $2.54 on an earnings per share basis. Fifth Third Bancorp employs 18,125 workers across the globe.

The official website for Fifth Third Bancorp is http://www.53.com.

Fifth Third Bancorp's mailing address is 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH, 45263. The financial services provider can be reached via phone at 800-972-3030 or via email at [email protected]