FITBP Fifth Third Bancorp featured news, full reports, and detailed charts
Fifth Third Bancorp (FITBP) Wrap Up:
Fifth Third Bancorp, an Ohio corporation organized in 1975, is a bank holding company as defined by the Bank Holding Company Act of 1956, as amended (the “BHCA”), and is registered as such with the Board of Governors of the Federal Reserve System (“FRB”). The Bancorp’s principal office is located in Cincinnati, Ohio. The Bancorp’s subsidiaries provide a wide range of financial products and services to the retail, commercial, financial, governmental, educational and medical sectors, including a wide variety of checking, savings and money market accounts, and credit products such as credit cards, installment loans, mortgage loans and leases. Each of the banking subsidiaries has deposit insurance provided by the Federal Deposit Insurance Corporation (“FDIC”) through the Deposit Insurance Fund. Refer to Exhibit 21 filed as an attachment to this Annual Report on Form 10-K for a list of all the subsidiaries of the Bancorp. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f22%2f0001193125-08-036443.html#FIS_BUSINESS"Fifth Third Bancorp (FITBP:NASDAQ)
Snapshot of Fifth Third Bancorp (FITBP)
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OPEN
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PREVIOUS CLOSE
$123.00
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
08/21/09 - $127.61
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52 WEEK LOW
02/20/09 - $14.90
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MARKET CAP
0.0
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AVERAGE VOLUME 3 mo
2.3K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
0.0
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EX-DATE
09/23/09
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P/E TTM
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DIVIDEND
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DIVIDEND YIELD
0.00%
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related news
FITBP Top Compensated Officers
Executives, Board Directors
Key developments for Fifth Third Bancorp (FITBP)
Fifth Third Bancorp - Conference Presentation Calls
Fifth Third Bancorp has announced the formation of a focused private equity lending team, Fifth Third Sponsor Leveraged Finance. The team will provide cash flow financings to a select group of private equity clients and will target businesses with $10 million to $50 million in earnings before interest, taxes depreciation and amortization (EBITDA). Managing Directors Brian Crabb and Josh VanManen will lead the team. Crabb comes to Fifth Third Bank with experience in the leveraged environment from Heller Financial, GE Capital, and most recently, CapitalSource Finance. VanManen joins the team from Fifth Third Bank's Structured Finance business, where he most recently ran the group's Western Region team in Denver.
Fifth Third Bancorp provided earnings guidance for the fourth quarter of 2009. The company expects fourth quarter to be similar to the third quarter from an operating standpoint and expects credit costs to come down. The company currently expects net interest margin to expand about 10 basis points in the fourth quarter driven by continued liability reprising. The company expects seasonal growth in corporate banking revenue in the fourth quarter. The company would expect total non-interest income to be about $600 million in the fourth quarter as well.
FITBP Competitors
| Company | Last | Change |
| Comerica Inc | $27.91 USD | -0.16 |
| First Horizon National Corp | $13.12 USD | +0.37 |
| Heartland Payment Systems Inc | $11.21 USD | -0.42 |
| KeyCorp | $5.73 USD | -0.09 |
| TCF Financial Corp | $12.40 USD | +0.26 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | FITBP | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 6.2x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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FITBP |
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FITBP transactions
| Type Date |
Target |
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Bankruptcy
November 4, 2009 |
Smyrna Medical Group, LLC |
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Bankruptcy
September 23, 2009 |
Crown Roofing, LLC |
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Bankruptcy
September 22, 2009 |
Big Muddy Services, Inc. |
More Recent News About Fifth Third Bancorp
More news for FITBP
Fifth Third Bancorp Announces Third Quarter 2009 Dividends
CINCINNATI, Sept. 15 /PRNewswire-FirstCall/ -- Fifth Third Bancorp today declared its third quarter 2009 cash dividends on its common shares, Series G preferred shares and Series F preferred shares. Fifth Third declared a third quarter 2009 cash dividend on its common shares (Nasdaq: FITB - News) of $0.01. The cash dividend is payable on October 22, 2009 to shareholders of record as of September 30, 2009.Fifth Third also declared a second quarter cash dividend on its 8.50% Non-Cumulative Perpetual Convertible Preferred Stock, Series G, at the rate of $531.25 per share, which equates to approximately $2.125 for each depositary share. Each depositary share represents a 1/250th ownership interest in a share of Series G Preferred Stock (Nasdaq: FITBP - News). The Series G dividend is payable on September 30, 2009 to shareholders of record as of September 25, 2009.Fifth Third also declared a cash dividend on its Fixed-Rate Cumulative Perpetual Preferred Stock, Series F, at the rate of $312.50 per share. The Series F dividend is payable on September 30, 2009 to the shareholder of record as of September 15, 2009.Fifth Third Bancorp is a diversified financial services company headquartered i...Click here to read the whole Article (external link)