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Fifth Third Bancorp (FITB.O)

FITB.O on Nasdaq

27.94USD
19 Jul 2019
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Latest Key Developments (Source: Significant Developments)

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

Fifth Third Bancorp Says Board Approved New Share Repurchase Authorization
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Fifth Third Bancorp ::FIFTH THIRD BANCORP - ‍BOARD OF DIRECTORS APPROVED A NEW SHARE REPURCHASE AUTHORIZATION OF UP TO 100 MILLION SHARES​.FIFTH THIRD BANCORP - ‍NEW SHARE REPURCHASE AUTHORIZATION REPLACES PREVIOUS AUTHORIZATION FROM 2016 UNDER WHICH APPROXIMATELY 14.5 MILLION SHARES REMAIN​.FIFTH THIRD BANCORP - ‍DECLARED A CASH DIVIDEND ON ITS COMMON SHARES OF $0.16 FOR Q1 OF 2018​.  Full Article

Fifth Third Bancorp Enters New Share Repurchase Agreement
Friday, 9 Feb 2018 

Feb 9 (Reuters) - Fifth Third Bancorp ::FIFTH THIRD BANCORP SAYS ‍ON FEB 8, CO ENTERED NEW SHARE REPURCHASE AGREEMENT WITH MORGAN STANLEY & CO. LLC - SEC FILING.FIFTH THIRD BANCORP - ‍PURSUANT TO NEW SHARE REPURCHASE AGREEMENT CO TO BUY ABOUT $318 MILLION OF OUTSTANDING COMMON STOCK​.FIFTH THIRD BANCORP - ‍NEW REPURCHASE AGREEMENT IS IN ADDITION TO ONE THAT CO ENTERED WITH MORGAN STANLEY & CO. LLC ON DEC 15, 2017 FOR $273 MILLION ​.  Full Article

Wells Fargo is dismissed from municipal bond lawsuit by Philadelphia, Baltimore

NEW YORK, June 18 Wells Fargo & Co was dismissed as a defendant in a lawsuit by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate demand obligations, a type of tax-exempt bond.