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Fifth Third Bancorp (FITB.O)

FITB.O on Nasdaq

28.51USD
16 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Fifth Third Bancorp Says On August 7, Co Entered Into A New Share Repurchase Agreement With Citibank
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Fifth Third Bancorp ::FIFTH THIRD BANCORP - ON AUGUST 7, CO ENTERED INTO A NEW SHARE REPURCHASE AGREEMENT WITH CITIBANK.FIFTH THIRD BANCORP - FIFTH THIRD WILL PURCHASE APPROXIMATELY $200 MILLION OF ITS OUTSTANDING COMMON STOCK..FIFTH THIRD BANCORP - REPURCHASING SHARES OF ITS COMMON STOCK AS PART OF ITS 100 MILLION SHARE REPURCHASE PROGRAM PREVIOUSLY ANNOUNCED.  Full Article

Fifth Third Bancorp Reports Second Quarter Earnings Per Share Of $0.57
Tuesday, 23 Jul 2019 

July 23 (Reuters) - Fifth Third Bancorp ::Q2 EARNINGS PER SHARE $0.57.Q2 EARNINGS PER SHARE ESTIMATE $0.66 -- REFINITIV IBES DATA.QTRLY NET INTEREST INCOME FTE $1,250 MILLION VERSUS $1,024 MILLION.QTRLY NET CHARGE-OFF RATIO 0.29% VERSUS 0.41%.FIFTH THIRD - ON-TRACK TO ACHIEVE MB EXPENSE SAVINGS BY Q1 ($255 MILLION PRE-TAX); EXPECT TO ACHIEVE ABOUT 80% RUN-RATE SAVINGS BY YEAR-END.AS OF QUARTER END,BOOK VALUE PER SHARE $26.17 VERSUS $21.75.QTRLY PROVISION FOR LOAN AND LEASE LOSSES TOTALED $78 MILLION VERSUS $33 MILLION IN YEAR-AGO QUARTER.  Full Article

Fifth Third Announces Capital Distribution Projections
Thursday, 27 Jun 2019 

June 27 (Reuters) - Fifth Third Bancorp ::FIFTH THIRD ANNOUNCES CAPITAL DISTRIBUTION PROJECTIONS.FIFTH THIRD BANCORP - CURRENT PROJECTIONS INCLUDE ABILITY TO DISTRIBUTE ABOUT $2 BILLION IN CAPITAL THROUGH COMMON SHARE REPURCHASES & INCREASED COMMON DIVIDENDS.  Full Article

Fifth Third Bancorp Entered Accelerated Share Repurchase Agreement
Monday, 11 Mar 2019 

March 11 (Reuters) - Fifth Third Bancorp ::FIFTH THIRD BANCORP - ENTERED ACCELERATED SHARE REPURCHASE AGREEMENT.FIFTH THIRD BANCORP - WILL PURCHASE $913 MILLION OF ITS OUTSTANDING COMMON STOCK.  Full Article

Fifth Third Bancorp Says CEO's FY 2018 Total Compensation Was $11.2 Mln Versus $8.7 Mln In FY 2017
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Fifth Third Bancorp ::FIFTH THIRD BANCORP SAYS CEO GREG CARMICHAEL'S FY 2018 TOTAL COMPENSATION WAS $11.2 MILLION VERSUS $8.7 MILLION IN FY 2017 - SEC FILING.  Full Article

Fifth Third Announces Fourth Quarter 2018 Results
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Fifth Third Bancorp ::Q4 EARNINGS PER SHARE $0.64.Q4 EARNINGS PER SHARE ESTIMATE $0.67 -- REFINITIV IBES DATA.NET CHARGE-OFFS TOTALED $83 MILLION IN CURRENT QUARTER COMPARED TO $76 MILLION IN YEAR-AGO QUARTER AND $72 MILLION IN PRIOR QUARTER.Q4 BOOK VALUE PER SHARE $23.07.QTRLY NET INTEREST INCOME (U.S. GAAP) $1,081 MILLION VERSUS $956 MILLION.DURING THE QUARTER, CO ENTERED INTO OPEN MARKET REPURCHASE TRANSACTIONS OF 14.9 MILLION SHARES, OR ABOUT $400 MILLION OF ITS OUTSTANDING COMMON STOCK.  Full Article

Federal Reserve Does Not Object To Fifth Third Bancorp’S Resubmitted Capital Plan
Friday, 28 Dec 2018 

Dec 28 (Reuters) - Fifth Third Bancorp ::FEDERAL RESERVE DOES NOT OBJECT TO FIFTH THIRD BANCORP’S RESUBMITTED CAPITAL PLAN.NO CHANGES TO CAPITAL ACTIONS FROM ORIGINAL SUBMISSION THROUGH 2Q 2019.FIFTH THIRD CONTINUES TO HAVE AUTHORIZATION TO INCREASE COMMON DIVIDEND TO $0.24 BEGINNING 2Q 2019.CAPITAL ACTIONS IN CO'S RESUBMITTED CAPITAL PLAN THROUGH JUNE 30, 2019 IS UNCHANGED COMPARED TO ORIGINALLY SUBMITTED 2018 PLAN.  Full Article

Fifth Third Bancorp Increases Quarterly Cash Dividend
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Fifth Third Bancorp ::FIFTH THIRD BANCORP INCREASES QUARTERLY CASH DIVIDEND ON ITS COMMON STOCK APPROXIMATELY 22% TO $0.22 PER SHARE.  Full Article

Fifth Third Bancorp Reports Q3 Earnings Per Share $0.61
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Fifth Third Bancorp ::Q3 EARNINGS PER SHARE $0.61.Q3 EARNINGS PER SHARE VIEW $0.63 -- THOMSON REUTERS I/B/E/S.QTRLY NET INTEREST INCOME (U.S. GAAP) $1,043 MILLION VERSUS $970 MILLION.AT QUARTER-END BOOK VALUE PER SHARE $21.92 VERSUS $21.30.QTRLY NET CHARGE-OFF RATIO 0.30% VERSUS 0.29%.  Full Article

Fifth Third Bancorp Issues $250 Mln In Principal Amount Of Its Floating Rate Senior Notes
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Fifth Third Bancorp ::FIFTH THIRD BANCORP SAYS ISSUED $250 MILLION IN PRINCIPAL AMOUNT OF ITS FLOATING RATE SENIOR NOTES DUE 2021 - SEC FILING.FIFTH THIRD BANCORP - NET PROCEEDS FROM SALE OF FLOATING RATE SENIOR NOTES AFTER EXPENSES TO CO ARE APPROXIMATELY $249.5 MILLION.  Full Article

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