Bank Stock Roundup: Q2 Earnings Coming to an End; KeyCorp, BB&T in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 10:26AM CDT
Over the last five trading days, we have seen the last phase earnings releases for the second quarter by U.S. banks.
FITB: 18.98 (+0.06), COF: 67.08 (-0.40), BBT: 36.87 (-0.24), JPM: 63.97 (-0.13), C: 43.81 (-0.27), STI: 42.29 (-0.17), WFC: 47.97 (-0.16), KEY: 11.70 (+0.05), PNC: 82.65 (-0.37), CMA: 45.24 (-0.44)
Fifth Third's (FITB) Q2 Earnings Beat, Expenses Increase
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 2:12PM CDT
Fifth Third Bancorp (FITB) reported second-quarter 2016 earnings per share of 40 cents, beating the Zacks Consensus Estimate of 37 cents
FITB: 18.98 (+0.06), JPM: 63.97 (-0.13), C: 43.81 (-0.27), BAC: 14.49 (-0.19)
Watch for Fifth Third Bancorp to Potentially Pullback After Gaining 1.02% Yesterday
Comtex SmarTrend(R) - Thu Jul 28, 1:49PM CDT
Fifth Third Bancorp (NASDAQ:FITB) traded in a range yesterday that spanned from a low of $18.48 to a high of $19.01. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $18.85 on volume of 4.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FITB: 18.98 (+0.06)
Fifth Third Bancorp Rises 1.02% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Jul 28, 1:47PM CDT
Fifth Third Bancorp (NASDAQ:FITB) traded in a range yesterday that spanned from a low of $18.48 to a high of $19.01. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $18.85 on volume of 4.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FITB: 18.98 (+0.06)
Fifth Third (FITB) Q2 Earnings Up on Higher Revenues
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:18AM CDT
Fifth Third Bancorp (FITB) came out with earnings per share of 40 cents (including certain one-time items), up from 36 cents in the prior year quarter
FITB: 18.98 (+0.06)
Vantiv Reports Second Quarter 2016 Results
Marketwire Canada - Thu Jul 28, 5:30AM CDT
Strong Second Quarter Results Leads Vantiv to Raise Its Full Year Guidance; Vantiv Renews Fifth Third Bank Relationship and Terminates Certain TRAs
FITB: 18.98 (+0.06), VNTV: 54.77 (-3.82)
Fifth Third Announces Second Quarter 2016 Net Income to Common Shareholders of $310 Million, or $0.40 Per Diluted Share
BusinessWire - Thu Jul 28, 5:30AM CDT
--2Q16 net income available to common shareholders of $310 million, or $0.40 per diluted common share Reported results included the following items which had a negative $0.01 impact on reported 2Q16 EPS: A $50 million pre-tax (~$33 million after-tax) charge related to the valuation of the Visa total return swap primarily reflecting the rejection of the merchant litigation settlement
FITB: 18.98 (+0.06)
Fifth Third Masterpass Now Available to Fifth Third Bank Customers
BusinessWire - Wed Jul 27, 11:19AM CDT
Fifth Third Bank (NASDAQ: FITB) announced today that its customers will have access to fast, simple and secure digital payments across devices. Fifth Third Masterpass, developed with Mastercard, enables customers to shop online, in app and now, in-store with Android devices.
FITB: 18.98 (+0.06)
Fifth Third (FITB) to Report Q2 Earnings: What to Expect?
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 5:52PM CDT
Fifth Third Bancorp (FITB) is scheduled to report its second-quarter 2016 results on Jul 28, before the opening bell.
CFR: 67.89 (-1.56), FITB: 18.98 (+0.06), FII: 31.57 (+0.16), LPLA: 26.95 (+1.69)
Allpoint Network Key to Fifth Third Bank Transformation
GlobeNewswire - Tue Jul 19, 6:30AM CDT
Fifth Third Bancorp, the 15th-largest U.S. bank holding company with $106 billion in total deposits, has joined Allpoint Network, the world's largest surcharge-free ATM network, with 55,000 ATMs across the United States and beyond.
FITB: 18.98 (+0.06), CATM: 43.99 (-0.38)
Fifth Third Bancorp (FITB) Crosses Pivot Point Support at $18.41
Comtex SmarTrend(R) - Mon Jul 18, 9:13AM CDT
Shares of Fifth Third Bancorp (NASDAQ:FITB) opened today below their pivot of $18.51 and have already reached the first level of support at $18.41. Investors may be interested in a cross of the next downside pivot targets of $18.28 and $18.05.
FITB: 18.98 (+0.06)
North State Enters Into $75 Million Credit Facility
BusinessWire - Mon Jul 18, 7:30AM CDT
North State, a leading fiber optic network, cloud and IT services provider, announced today the completion of a new credit facility. Bank of America Merrill Lynch leads the facility syndicate that includes CoBank, Fifth Third Bank, High Point Bank and TD Bank. Highlights of the credit facility are:
FITB: 18.98 (+0.06)
Fifth Third Bancorp (FITB) Crosses Pivot Point Resistance at $18.56
Comtex SmarTrend(R) - Fri Jul 15, 8:39AM CDT
Shares of Fifth Third Bancorp (NASDAQ:FITB) have bullishly opened above the pivot of $18.40 today and have reached the first resistance level of $18.56. Investors may be interested in a cross of the next upside pivot targets of $18.67 and $18.94.
FITB: 18.98 (+0.06)
Watch for Fifth Third Bancorp to Potentially Pullback After Gaining 2.79% Yesterday
Comtex SmarTrend(R) - Thu Jul 14, 1:54PM CDT
Fifth Third Bancorp (NASDAQ:FITB) traded in a range yesterday that spanned from a low of $18.24 to a high of $18.51. Yesterday, the shares gained 2.8%, which took the trading range above the 3-day high of $17.98 on volume of 3.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FITB: 18.98 (+0.06)
Fifth Third Bancorp Set to Possibly Pullback After Yesterday's Rally of 2.79%
Comtex SmarTrend(R) - Thu Jul 14, 1:52PM CDT
Fifth Third Bancorp (NASDAQ:FITB) traded in a range yesterday that spanned from a low of $18.24 to a high of $18.51. Yesterday, the shares gained 2.8%, which took the trading range above the 3-day high of $17.98 on volume of 3.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FITB: 18.98 (+0.06)
Top Stock Research Reports Today - July 14th, 2016
Sheraz Mian - Zacks Investment Research - Thu Jul 14, 11:34AM CDT
Top Stock Research Reports Today - July 14th, 2016
MLM: 202.65 (-3.05), E: 30.65 (+0.12), FITB: 18.98 (+0.06), MDLZ: 43.98 (-0.20), RF: 9.17 (+0.01), STX: 32.03 (-0.57), PX: 116.54 (-0.57)
Edward L. Robinson Named Fifth Third's Mortgage Head
BusinessWire - Thu Jul 07, 3:13PM CDT
Fifth Third Bancorp (Nasdaq: FITB) announced today that Edward L. Robinson has been named its senior vice president and head of Fifth Third Mortgage. He will report to Chad Borton, executive vice president and head of the Consumer Bank. Robinson's responsibilities will include comprehensive oversight of all Mortgage-related functions at Fifth Third.
FITB: 18.98 (+0.06)
Downgrade Alert for Fifth Third Bancorp (FITB)
Comtex SmarTrend(R) - Thu Jul 07, 3:11AM CDT
Fifth Third Bancorp (NASDAQ:FITB) was downgraded from Outperform to Perform at Oppenheimer today. The stock closed yesterday at $16.77 on volume of 7.2 million shares, below average daily volume of 7.5 million. Fifth Third Bancorp is a diversified financial services company that operates banking centers in in the Midwestern and Southeastern regions of the United States. The Company's principal businesses include retail banking, commercial banking, investment advisory, and data processing.
FITB: 18.98 (+0.06)
Watch for Shares of Fifth Third Bancorp (FITB) to Approach Support at $16.29
Comtex SmarTrend(R) - Wed Jul 06, 8:43AM CDT
Shares of Fifth Third Bancorp (NASDAQ:FITB) have bearishly opened below the pivot of $16.81 today and have reached the first support level of $16.49. Analysts will be watching for a cross of the next downside pivot targets of $16.29 and $15.77.
FITB: 18.98 (+0.06)