The market expects Fifth Third Bancorp (FITB) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rel ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Fifth Third Bancorp (FITB) , which belongs to the Zacks Banks - Major Regional industry.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 11.10%.For the most recent quarter, Fifth Third Bancorp was expected to post earnings of $0.90 per sha ...

CINCINNATI--(BUSINESS WIRE)--Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.35 per share for the first quarter of 2024. The dividend is payable on April 15, 2024 to shareholders of record as of Marc ...

CINCINNATI--(BUSINESS WIRE)--Fifth Third is proud to announce it has been named to the 2024 World’s Most Ethical Companies® list by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the fifth time Fifth Third has earned this recognition from Ethisphere and is one of only four banks worldwide, including two in the U.S., to be recognized on the 2024 list. In 2024, 136 companies were recognized across 20 countries and 44 industries. “We are honored E ...

NEW YORK--(BUSINESS WIRE)--The National Minority Supplier Development Council (NMSDC) and Fifth Third today announce the continuance of NMSDC’s innovative Centers of Excellence Certificate Program (COECP) through 2026. The COECP facilitates the development and growth of NMSDC-certified minority business enterprises, prepares them to compete for larger contracting opportunities and facilitates opportunities for strategic partnerships, mentoring and networking. The Fifth Third Foundation will provide an ad ...

Fifth Third Bancorp (FITB) is well poised to benefit from diversified revenue sources. This, along with rising deposits and loans, is likely to keep supporting balance sheet strength. Yet, mounting operating expenses are likely to hamper profitability to some extent. Also, high exposure to commercial loans remains a concern.Fifth Third has expanded its fee-income base over the years on various strategic acquisitions. The bank completed the acquisition of Big Data LLC in 2023, adding national healthcare reve ...

The following table includes the Bancorp's estimated NII sensitivity profile with an immediate $1 billion decrease and an immediate $1 billion increase in demand deposit balances as of December 31, 2023: | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------|--------------------------------------------------|---------------------- ...

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank today announced the opening of its Tampa, FL-based Fifth Third Wealth Advisors office. “Our adviser teams have the opportunity to take advantage of our flexible investment management platform while also providing access to additional services such as trust powers, credit and planning through Fifth Third Bank,” said Eric Housman, president Fifth Third Wealth Advisors. “We believe we offer the look, feel and nimbleness of an independent boutique backed by a top ...

Investors interested in stocks from the Banks - Major Regional sector have probably already heard of Fifth Third Bancorp (FITB) and Northern Trust Corporation (NTRS) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, a ...

CINCINNATI--(BUSINESS WIRE)--For a second consecutive year, Fifth Third was named to the JUST 100 list, part of JUST Capital and CNBC’s 2024 Rankings of America’s Most JUST Companies. Fifth Third was ranked fifth among the banks evaluated and 45th on the JUST 100 list – 937 companies were assessed. Inclusion in the JUST 100 is a recognition of the Bank’s commitment to its employees, customers, communities, planet and shareholders. “I am proud Fifth Third is again being recognized by JUST Capital as a le ...