(VIANEWS) – Shares of Fifth Third Bancorp (NASDAQ: FITB) dropped by a staggering 27.27% in 21 sessions from $36.19 at 2023-03-01, to $26.32 at 16:30 EST on Thursday, after four consecutive sessions in a row of gains. NASDAQ is rising 0.73% to $12,013.47, following the last session’s upward trend.
Fifth Third Bancorp’s last close was $27.03, 42.51% under 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 9.67. Meaning, the purchaser of the share is investing $9.67 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%.
Volume
Today’s last reported volume for Fifth Third Bancorp is 7934164 which is 18.68% below its average volume of 8974090.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 26.2% and 26.3%, respectively.
More news about Fifth Third Bancorp (FITB).
