Fifth Third Bancorp Stock News

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp to Participate in the BancAnalysts Association of Boston Conference.

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank has partnered with Community Reinvestment Fund, USA (CRF) to launch the Small Business Catalyst Fund, a $7.85M investment that will empower small businesses across Fifth Third's 11-state footprint to grow and create jobs in their communities and build a more equitable small business ecosystem. "Small businesses form the foundation of our communities...

CINCINNATI--(BUSINESS WIRE)--Fifth Third has been named to Forbes' Best for Customer Service 2025 list. This marks the second consecutive year Fifth Third's customer service efforts have been recognized by Forbes. “We put the customer in the center of everything we do, so providing our customers with the best possible experience is at our core,” said Jamie Leonard, Chief Operating Officer at Fi...

Fifth Third Bancorp has gained over 75% in the past year but saw a 2% drop after mixed Q3 results. Despite stable deposits and improved net interest income, credit trends were slightly disappointing, with increased provisions for credit losses. FITB's capital position remains strong, with a CET1 ratio of 10.75% and ongoing share repurchases and dividends provide solid capital return yields.

Fifth Third Bancorp stands out among regional banks with strong capital, dividend growth, and market share gains, but long-term banking sector risks remain. Despite a recent rally, FITB's valuation and higher loan loss provisions warrant caution; I recommend waiting for a correction before buying. FITB's diversified revenue and potential for non-interest income and loan growth make it a compell...

Fifth Third Bancorp continues to see positive results from its commercial payments operation. The Ohio-based lender reported third-quarter earnings Friday (Oct. 18) showing revenues from that business up 10% year over year, with embedded payments solution Newline “adding industry leaders to its customer base,” as CEO Tim Spence said.

Fifth Third Bancorp (FITB) shares fell Friday as the Ohio-based bank posted a third-quarter profit drop as net interest income (NII) and noninterest income declined, and it put aside more money to cover bad loans.

Fifth Third Bancorp (NASDAQ:FITB ) Q3 2024 Results Conference Call October 18, 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 Scott Siefers - Piper Sandler Gerard Cassidy - RBC Capital Markets Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America Erika Na...