Fifth Third Bancorp Stock Went Down By Over 24% At Session Start On Monday

(VIANEWS) – Shares of Fifth Third Bancorp (NASDAQ: FITB) fell by a staggering 24.5% to $22.93 at 10:31 EST on Monday, after five successive sessions in a row of losses. NASDAQ is rising 0.38% to $11,180.71, after two consecutive sessions in a row of losses. This seems, as yet, a somewhat bullish trend exchanging session today.

Fifth Third Bancorp’s last close was $30.37, 36.77% below 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 8.42. Meaning, the purchaser of the share is investing $8.42 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%.

Volatility

Fifth Third Bancorp’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.47%, a negative 1.15%, and a positive 1.38%.

Fifth Third Bancorp’s highest amplitude of average volatility was 4.47% (last week), 1.62% (last month), and 1.38% (last quarter).

More news about Fifth Third Bancorp (FITB).

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