(VIANEWS) – Shares of Fifth Third Bancorp (NASDAQ: FITB) dropped by a staggering 20.81% in 10 sessions from $33.69 at 2023-03-08, to $26.68 at 15:57 EST on Wednesday, after two sequential sessions in a row of gains. NASDAQ is jumping 0.07% to $11,868.80, after two sequential sessions in a row of gains.
Fifth Third Bancorp’s last close was $27.39, 42.97% under its 52-week high of $48.03.
About Fifth Third Bancorp
Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people, and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation's highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com.
Earnings Per Share
As for profitability, Fifth Third Bancorp has a trailing twelve months EPS of $2.72.
PE Ratio
Fifth Third Bancorp has a trailing twelve months price to earnings ratio of 9.8. Meaning, the purchaser of the share is investing $9.8 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.37%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 3.54%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.5%, now sitting on 7.81B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Fifth Third Bancorp’s stock is considered to be oversold (<=20).
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