Fifth Third Bancorp (FITB) PT Raised to $43 at RBC Capital

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Fifth Third Bancorp (FITB) PT Raised to $46 at Argus

July 22, 2024 10:35 AM EDT

Argus analyst Stephen Biggar raised the price target on Fifth Third Bancorp (NASDAQ: FITB) to $46.00 (from $42.00) while maintaining a Buy rating.

The analyst comments "Raising target to $46 on 2Q results On July 19, Fifth Third Bank reported adjusted 2Q24 earnings of $0.86 per share,... More

Fifth Third Bancorp (FITB) PT Raised to $45 at BofA Securities

July 22, 2024 5:52 AM EDT

BofA Securities analyst Ebrahim Poonawala raised the price target on Fifth Third Bancorp (NASDAQ: FITB) to $45.00 (from $42.00) while maintaining a Buy rating.

The analyst comments "Fifth Third Bank (FITB) shares have outperformed peers YTD/QTD on the back of mgmts steady execution,... More

Fifth Third Bancorp (FITB) PT Raised to $42 at DA Davidson

July 22, 2024 4:56 AM EDT

DA Davidson analyst Peter Winter raised the price target on Fifth Third Bancorp (NASDAQ: FITB) to $42.00 (from $39.00) while maintaining a Neutral rating.

The analyst comments "FITB expects to return to POL in 4Q24, which was pushed out 1-quarter due to a more cautious... More

US regional banks' Q2 profits squeezed by deposit costs, tepid loan demand

July 19, 2024 7:52 AM EDT

By Manya Saini

(Reuters) -Several U.S. mid-sized and regional banks reported a fall in their second-quarter profit, as income from charging customers interest was squeezed by higher deposit costs and tepid demand for loans.

Most U.S. banks are expecting a decline in net interest income (NII) this year as high interest rates have impeded loan activity, while efforts to retain customers have pushed up deposit costs.

"High interest rates, an uncertain economic outlook and alternative financing... More

Fifth Third Bancorp (FITB) Tops Q2 EPS by 1c

July 19, 2024 6:37 AM EDT

Fifth Third Bancorp (NASDAQ: FITB) reported Q2 EPS of $0.86, $0.01 better than the analyst estimate of $0.85. Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $2.11 billion.

For earnings history and earnings-related data on Fifth Third Bancorp (FITB) click here.

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Fifth Third Bancorp (FITB) option implied volatility elevated into quarter results

July 18, 2024 11:03 AM EDT

Fifth Third Bancorp (NASDAQ: FITB) July call option implied volatility is at 88, August is at 29; compared to its 52-week range of 21 to 62 into the expected release of quarter results before the bell on July 19.

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Fifth Third Bancorp (FITB) July 41 straddle priced into quarter results

July 18, 2024 4:48 AM EDT

Fifth Third Bancorp (NASDAQ: FITB) July 41 straddle priced for a move of 4% into the expected release of quarter results before the bell on July 19.

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