Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Fifth Third Bancorp in Focus Looking at dividend growth, the company's current annualized dividend of $1.40 is up 2.9% from last year. Fifth Third Bancorp has increased its dividend 4 times on a year-over-year basis over the last 5 years for an ...

Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding onethird of total returns in many cases. Based in Cincinnati, Fifth Third ...

Shares of Fifth Third Bancorp (FITB) gained 3% in the after-market trading as it announced a new share repurchase agreement with Morgan Stanley & Co. LLC (MS) . Under this, the company will buy back nearly $125 million of its outstanding common stock. The buyback is part of a 100 million share repurchase program that was announced in June 2019. Second-Quarter Revenue Guidance Trimmed The company reiterated average loans & leases to be stable for the second quarter of 2024. The net charge-off ratio is projec ...

Fifth Third has been focused on treasury management and wealth and asset management business in the past few quarters to bolster its non-interest income, which is less volatile compared with spread income. Although the metric declined 0.6% in 2022, it grew in 2021, 2023 and the first quarter of 2024. This was primarily driven by strategic investments. FITB is also undertaking efforts to increase non-interest income through new collaboration. In May 2024, in collaboration with Bottomline, the company launche ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that mea ...

Fifth Third Bancorp (FITB) , in collaboration with Bottomline, has launched Enhanced Payables, a new payment platform powered by the latter's business payments network, Paymode-X. Enhanced Payables integrates Bottomline's industry-leading business payments technology and FITB's wide-ranging banking services to offer customers a diverse range of payment modes. With this new service, customers can streamline their payment processes, efficiently manage their cash flow and finally boost overall efficiency. Acco ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 Commission File Number 001-33653 Fifth Third Bancorp (Exact name of Registrant as specified in its charter) (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification Number) Ohio 31-0854434 38 Fountain Square Plaza Cincinnati, Ohio 45263 (Ad ...

EleSi/iStock Editorial via Getty ImagesFifth Third Bancorp (NASDAQ:FITB) has been one of the best-performing regional banks, with its share price rising by 35.07% over the past year compared to the SPDR S&P Regional Banking ETF (KRE) which rose by 12.8% over the same period. As a result, FITB trades at 11.16 forward earnings, according to Seeking Alpha’s forward EPS estimate, which is slightly above the sector median of 10.23. I argue that FITB’s outperformance has been well-deserved due to robust growt ...

Fifth Third Bancorp (NASDAQ:FITB) Q1 2024 Earnings Conference Call April 19, 2024 9:00 AM ET Company Participants Matt Curoe - Director, IR Tim Spence - Chairman, CEO & President​ Bryan Preston - CFO Greg Schroeck - CCO Conference Call Participants Mike Mayo - Wells Fargo Scott Siefers - Piper Sandler Gerard Cassidy - RBC Capital Ebrahim Poonawala - Bank of America John Pancari - Evercore Ken Usdin - Jefferies Vivek Juneja - JPMorgan Manan Gosalia - Morgan Stanley Christopher Marinac - Janney Operator Good ...

Fifth Third Bancorp (FITB) has reported first-quarter 2024 adjusted earnings per share (EPS) of 76 cents, surpassing the Zacks Consensus Estimate of 71 cents. In the prior-year quarter, the company reported an EPS of 78 cents.Results have been aided by increases in non-interest income and the deposit balance. However, a fall in net interest income (NII) limited its revenue growth. Higher expenses were other undermining factors.The company has reported net income available to common shareholders of $480 mill ...