28.54 +0.05 (0.18%)
After hours: 5:45PM EDT
|Bid||28.34 x 100|
|Ask||28.80 x 3600|
|Day's range||28.39 - 28.83|
|52-week range||24.66 - 34.67|
|PE ratio (TTM)||8.31|
|Earnings date||19 Jul 2018 - 23 Jul 2018|
|Forward dividend & yield||0.72 (2.40%)|
|1y target est||33.58|
Investor sentiment upbeat on banks' Q2 earnings, with the major players displaying top-line strength on the back of higher rates and improved trading.
We see an almost shocking headline of just 207K new claims last week, down 8,000 from the previous week's 215K, even more from the consensus estimate 224K.
Fifth Third Bancorp's (FITB) second-quarter 2018 results reflect solid growth in loans and deposit balances aiding revenues, partially offset by higher expenses.
Microsoft earnings will be a highlight for investors on Thursday as trade stories continue to dominate the economic discussion.
Zacks.com highlights: Plains All American Pipeline, Regional Management, AutoZone and Fifth Third Bancorp
For a decade, Bank of Montreal executives eyed with envy Chicago’s bustling corner of West Washington Street and North Wacker Drive.
NEW YORK, June 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Citizens ...
Wells Fargo's (WFC) efforts to recover its image, along with an improving economic backdrop might support its growth in the near term.
Rewarding shareholders, Fifth Third Bancorp (FITB) raises quarterly common stock dividend by about 12.5% to 18 cents per share.
People's United (PBCT) expects the First Connecticut deal to be accretive to earnings per share based on fully phased-in cost savings.
Fifth Third Bancorp (NASDAQ:FITB) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In theRead More...
While re-evaluating the ban on commission in IRAs, BofA (BAC) will likely keep in mind the SEC's rulemaking process related to fiduciary rules related to financial advisors.
Zacks.com highlights: Stryker, SS&C Technologies Holdings, Fifth Third Bancorp, AMETEK and Xcel Energy
There's no shortage of news competing for headlines, especially in the financial sector, given May payroll data, European politics, and central bank tightening in emerging markets. Investors may have missed the news that the House of Representatives voted to overhaul large parts of the 2010 Dodd-Frank Act, and Jefferies' Sean Darby sees large implications from the move. Darby writes that the changes should lead to a "wave of M&A in one of the most fragmented sectors," a consolidation trend that we've reported about before, as "the head of each of the main U.S. regulatory agencies," is now in favor of relaxing conditions in the financial industry that previously dampened deal enthusiasm.
Review | Preview The rollback of some postcrisis financial regulations will help small and mid-size banks get bigger—and leave fewer of them. Barron’s saw the potential in early December (“Lifting the Lid on Regional Banks’ Share Prices,” Dec. 2, 2017), as the legislation emerged from the Senate Banking Committee. By raising the threshold for stricter supervision under Dodd-Frank from $50 million in assets to $250 million, the new law effectively removes a disincentive for mergers and acquisitions.
After Fifth Third Bancorp (FITB) announced that it will buy fellow bank MB Financial (MBFI) on Monday, we noted that more bank M&A was likely, as Barron's reported that dealmaking was going to be a bigger theme for banks this year. Evercore ISI's John Pancari writes that while the Independent Bank deal isn't huge, Guaranty is 42% of Independent's assets, which demonstrates the willingness of banks to "wade a bit further into the waters. That's also evidenced by the fact that the average bank deal size in this year, based on target assets, has now exceeded that of 2017. Elsewhere, Keefe, Bruyette & Woods' Kelly Motta takes a look at the trend as well, writing that the aggregate bank deal value this quarter is the highest it's been since the fourth quarter of 2015, with a month left to go.
Fifth Third Bancorp shows rising price performance, earning an upgrade to its IBD Relative Strength Rating