(VIANEWS) – Shares of Fifth Third Bancorp (NASDAQ: FITB) fell by a staggering 28.39% in 21 sessions from $36.31 at 2023-02-24, to $26.00 at 11:13 EST on Monday, following the last session’s upward trend. NASDAQ is rising 0.45% to $11,877.05, after five sequential sessions in a row of gains.
Fifth Third Bancorp’s last close was $25.48, 45.81% below its 52-week high of $47.02.
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 9.55. Meaning, the purchaser of the share is investing $9.55 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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 26.2% and 26.3%, respectively.
Sales Growth
Fifth Third Bancorp’s sales growth is 19.3% for the ongoing quarter and 14.6% for the next.
Volume
Today’s last reported volume for Fifth Third Bancorp is 3637670 which is 62.76% below its average volume of 8795440.
Dividend Yield
As claimed by 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%.
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