Fifth Third(FITB)
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13 Best Long Term Low Risk Stocks to Buy Now
Insider Monkey· 2026-02-06 00:49
In this article, we will take a look at the 13 Best Long Term Low Risk Stocks to Buy Now.As markets continue to shift, many investors are starting to slow down and think in longer time frames. Michael Sonnenfeldt, founder of TIGER 21, told CNBC Select that high-net-worth investors are spending less time trying to predict market moves. Instead, they are going “back to basics,” focusing on long-term ownership of businesses, real estate, and diversified portfolios.Sonnenfeldt said wealthy investors usually com ...
Fifth Third Bancorp (FITB) Soars to 52-Week High, Time to Cash Out?
ZACKS· 2026-02-05 15:16
A strong stock as of late has been Fifth Third Bancorp (FITB) . Shares have been marching higher, with the stock up 10% over the past month. The stock hit a new 52-week high of $55.36 in the previous session. Fifth Third Bancorp has gained 15.6% since the start of the year compared to the 1.8% gain for the Zacks Finance sector and the 8.8% return for the Zacks Banks - Major Regional industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed ou ...
SpaceX acquires xAI in record-setting deal, Palantir valuation concerns as stock soars
Youtube· 2026-02-03 17:01
Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalyst we're watching this hour. First up, SpaceX and XAI are combining to make a one and a4 trillion dollar giant. We'll discuss what that means for investors and the eventual SpaceX IPO.Plus, valuation concerns loom over Palunteer. We'll talk about what Wall Street needs to see to make that stock a buy. And PayPal shares plunge as the company taps a new CEO and forecasts an earnings decli ...
Is Wall Street Bullish or Bearish on Fifth Third Bancorp Stock?
Yahoo Finance· 2026-02-03 14:17
Fifth Third Bancorp (FITB), based in Cincinnati, Ohio, runs a broad financial services operation. Through its Fifth Third Bank, it offers commercial and consumer banking, as well as wealth and investment advisory services, across 12 states. It maintains more than 1,000 branches, prioritizing local engagement and tech-driven banking. The company has a market capitalization of $33.20 billion. Strong investor sentiment has propelled the stock to new heights. The stock has increased 17.2% over the past 52 we ...
Fifth Third CEO: A Warsh Fed is 'golden' for banks
Yahoo Finance· 2026-02-02 18:23
Kevin Warsh isn't just a Federal Reserve nominee. He's a catalyst for the spread. Tim Spence, CEO of Fifth Third Bancorp (FITB), told Yahoo Finance's Opening Bid that the prospect of a Warsh-led Fed creates a "pretty golden environment for banks." His optimism hinges on Warsh slashing interest rates while aggressively shrinking the Fed's $6.6 trillion balance sheet. For an industry that makes its bread on the difference between short-term costs and long-term yields, "some steepness" to the curve — where ...
Fifth Third and Comerica Merger Scales Banking Competition
PYMNTS.com· 2026-02-02 16:41
Rivals now face fresh pressure to accelerate digital investment as customers gain more choice across retail and enterprise banking.The combined bank brings Fifth Third’s mobile scale and embedded finance platform together with Comerica’s commercial franchise, sharpening competition in payments and innovation.Fifth Third’s merger with Comerica closed Monday (Feb. 2), creating a $294 billion institution with national digital scale and deeper middle-market reach.The merger between Fifth Third Bancorp and Comer ...
Fifth Third and Comerica Merger Scales Digital Competition Across Regional Banking
PYMNTS.com· 2026-02-02 16:41
Core Insights - The merger between Fifth Third Bancorp and Comerica Incorporated creates a $294 billion institution, reshaping competition in mobile banking, commercial payments, and middle-market services [2][3][4] Group 1: Merger Overview - The merger closed on February 2, establishing the ninth-largest U.S. bank by assets and linking Fifth Third's consumer digital platform with Comerica's commercial franchise, particularly in Texas and California [2][3] - The combined bank operates in 17 of the 20 fastest-growing large U.S. metropolitan areas, with system and brand conversions expected later this year [4] Group 2: Digital and Commercial Integration - Fifth Third enters the merger with a strong digital base, averaging 3.19 million active digital users and 2.49 million active mobile users in the last quarter, with nearly 98% of mortgage applications digitally assisted [5] - The merger connects Fifth Third's consumer digital capabilities to Comerica's dense middle-market relationships, creating a unified platform for retail deposits, commercial lending, and payments [6][7] Group 3: Embedded Finance and Competitive Landscape - The merger broadens Fifth Third's embedded finance platform, Newline, which has been growing through API-driven payments and account services, representing a $1 billion recurring fee business [8][10] - The combined institution operates sizable recurring fee businesses in commercial payments and wealth management, providing capital for technology reinvestment [11] Group 4: Customer Impact - For consumers, service is expected to remain stable during integration, with plans to extend mobile tools and digital onboarding processes across Comerica's footprint over time [14] - For enterprises, particularly middle-market firms, the merger offers tighter connections between deposits, payments, and expense management, redrawing competitive boundaries in the regional banking market [15]
Fifth Third CEO on Completion of Comerica Merger
Yahoo Finance· 2026-02-02 15:03
Fifth Third Chair and CEO Tim Spence discusses the completion of the bank's merger with Comerica on "Bloomberg Open Interest." ...
Fifth Third closes Comerica acquisition in under four months
American Banker· 2026-02-02 11:45
Key insight: The deal was the largest bank merger announced in 2025, and is the largest to close so far in 2026.What's at stake: Fifth Third must now integrate Comerica, as the combination increased the company's total assets by more than 35%.Forward look: The bank will aim to take advantage of legacy Comerica's commercial footprint in regions such as Texas, where it hopes to boost its retail business and market share.Fifth Third Bancorp officially acquired Comerica , marking the completion of one of the la ...
Fifth Third Announces Three New Members to its Board of Directors
Businesswire· 2026-02-02 11:32
Core Viewpoint - Fifth Third Bancorp has announced the appointment of three new members to its Board of Directors, effective February 1, 2026, which will enhance the board's leadership and industry experience [1][5]. Group 1: New Board Members - Derek J. Kerr brings nearly four decades of experience in accounting, finance, and corporate governance, particularly in the aviation industry, having served as Vice Chair of American Airlines Group and President of American Eagle [2]. - Barbara R. Smith has significant executive leadership experience, having served as Chairman, President, and CEO of Commercial Metals Company from 2017 until her retirement in 2023, and she will contribute her financial expertise to the board [3]. - Michael G. Van de Ven has a strong background in operations and risk management, previously serving as President and COO of Southwest Airlines, and will bring his extensive experience in financial planning and accounting to the board [4]. Group 2: Board Structure - With the addition of the three new directors, the total number of directors on Fifth Third's Board will increase to 16 [5].