Fifth Third Bancorp (FITBI) Projected to Announce Quarterly Earnings on Friday

Fifth Third Bancorp (NASDAQ:FITBI) is expected to issue its results before the market opens on Friday, July 17th. Analysts expect the company to post earnings of $0.8330 per share and revenue of $3.2587 billion for the quarter.

Fifth Third Bancorp Stock Performance

Fifth Third Bancorp stock opened at $25.69 on Tuesday. The firm has a 50-day moving average of $25.62 and a 200-day moving average of $25.60. Fifth Third Bancorp has a one year low of $25.05 and a one year high of $25.99.

Fifth Third Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 26th were issued a dividend of $0.4848 per share. The ex-dividend date was Friday, June 26th. This is a boost from Fifth Third Bancorp’s previous quarterly dividend of $0.48. This represents a $1.94 annualized dividend and a yield of 7.5%.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services company headquartered in Cincinnati, Ohio. As the parent company of Fifth Third Bank, it offers a wide array of banking and financial products to individuals, small businesses, corporations and governmental entities. Fifth Third Bancorp’s core mission is to provide deposit, lending and wealth management solutions that cater to the evolving needs of its customers.

The company’s principal offerings include consumer and commercial banking services such as checking and savings accounts, home mortgages, credit cards, and installment loans.