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Last $20.93 USD
Change Today -0.21 / -0.99%
Volume 9.9M
FITB On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

fifth third bancorp (FITB) Snapshot

Open
$21.03
Previous Close
$21.14
Day High
$21.08
Day Low
$20.71
52 Week High
06/23/15 - $21.90
52 Week Low
01/29/15 - $17.14
Market Cap
17.0B
Average Volume 10 Days
8.1M
EPS TTM
$1.86
Shares Outstanding
809.9M
EX-Date
06/26/15
P/E TM
11.2x
Dividend
$0.52
Dividend Yield
2.49%
Current Stock Chart for FIFTH THIRD BANCORP (FITB)

fifth third bancorp (FITB) Related Businessweek News

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fifth third bancorp (FITB) Details

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The Branch Banking segment provides a range of deposit, loan, and lease products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services. The Consumer Lending segment engages in the origination, retention, and servicing of mortgage and home equity loans or lines of credit; and other indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. The Investment Advisors segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients, and broker dealer services to the institutional marketplace. This segment also provides asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients comprising states and municipalities. As of December 31, 2014, the company operated 1,302 full-service banking centers, including 101 Bank Mart locations, as well as 2,638 automated teller machines in 12 states throughout the Midwestern and Southeastern regions of the United States. Fifth Third Bancorp was founded in 1862 and is headquartered in Cincinnati, Ohio.

18,471 Employees
Last Reported Date: 05/11/15
Founded in 1862

fifth third bancorp (FITB) Top Compensated Officers

Vice Chairman, Chief Executive Officer, Membe...
Total Annual Compensation: $1.0M
President, Chief Operating Officer, President...
Total Annual Compensation: $709.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $425.0K
Chief Risk & Credit Officer and Executive Vic...
Total Annual Compensation: $1.3M
Senior Executive Vice President
Total Annual Compensation: $570.0K
Compensation as of Fiscal Year 2014.

fifth third bancorp (FITB) Key Developments

Fifth Third Bancorp Provides Non-Cash Impairment Charges Guidance for the Second Quarter of 2015

Fifth Third Bancorp announced that it will introduce changes to its branch network as it works to improve efficiency, competitiveness and the quality of its customer service. In connection with the plans, Fifth Third Bancorp expects to incur nearly USD 75 million to USD 85 million in non-cash impairment charges to be recognized in the second quarter of 2015.

Fifth Third Bancorp to Cut 100 Branch Offices

Fifth Third Bancorp will cut 100 branch offices in response to mobile and online banking trends. The parent of Fifth Third Bank has not specified the locations to be closed or sold. In addition to the 100 targeted locations, Fifth Third will shed another 30 properties that had been purchased for future branch expansion.

FITB Mulls To Sell Its 100 Branches

Fifth Third Bancorp (NasdaqGS:FITB) said it is planning to consolidate or sell about 100 of its branches and about 30 other properties, a move that comes as mobile and electronic banking grow in popularity.

 

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FITB:US $20.93 USD -0.21

FITB Competitors

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Company Last Change
Comerica Inc $51.50 USD -0.48
Huntington Bancshares Inc/OH $11.35 USD -0.12
Northern Trust Corp $76.68 USD -0.27
SunTrust Banks Inc $43.54 USD -0.27
Vantiv Inc $38.66 USD -0.08
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Industry Analysis

FITB

Industry Average

Valuation FITB Industry Range
Price/Earnings 12.1x
Price/Sales 2.9x
Price/Book 1.2x
Price/Cash Flow 11.1x
TEV/Sales NM Not Meaningful
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