|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||24.96 - 25.09|
|52-week range||24.06 - 27.58|
|Beta (5Y monthly)||1.22|
|PE ratio (TTM)||7.17|
|Forward dividend & yield||1.66 (6.62%)|
|Ex-dividend date||28 Dec 2022|
|1y target est||N/A|
CINCINNATI, January 27, 2023--Fifth Third Bancorp (Nasdaq: FITB) today announced that its subsidiary, Fifth Third Bank, National Association (the "Bank"), successor-in-interest to MB Financial Bank, National Association ("MB"), has submitted a redemption notice to the paying agent for redemption of all of the outstanding MB fixed-to-floating rate subordinated notes due December 1, 2027 (CUSIP 55266C XM3) issued in the principal amount of $175 million. The notes will be redeemed on March 1, 2023
CINCINNATI, January 23, 2023--Whether it is groceries, gas, paying rent or buying a car, inflation has affected the cost of everyday needs. Finding ways to stretch your income is critical during periods of high inflation to avoid getting into debt or having to dip into savings to make ends meet. Fifth Third recognizes that customers have less purchasing power right now and offers the following tips, products and services to assist with budgeting during inflation.
Fifth Third's (FITB) Q4 earnings beat estimates on higher NII and improved average loans and lease balances. However, a fall in the fee income and higher provision for credit losses act as headwinds.