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Stock buybacks remain one of the most effective tools for boosting share prices, especially when backed by solid fundamentals. When a company is healthy, repurchasing shares reduces the float, enhances earnings per share, and signals confidence to the market.
Fifth Third Bancorp (FITB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CINCINNATI--(BUSINESS WIRE)--The Fifth Third Foundation has made education programs a top priority since its founding in 1948. To honor students with high achievements, Fifth Third established its Scholarship Program. These one-time $2,500 scholarships are awarded annually to children of Fifth Third employees for educational purposes at college or university. This year's scholarships total $62,500. Nearly 500 students have been recognized since 2005. Chosen and administered by the National Meri.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Wealth Advisors®, a multi-custodial registered investment advisory firm, announced it has surpassed $3 billion in net new assets under management, as of June 30, marking another major milestone in the firm's growth. This achievement underscores strong momentum and growing demand from both advisors and clients. According to independent research* Fifth Third Wealth Advisors ranks among the top 500 independent RIAs in the US. “Our growth reflects the trust.
According to the CME Fed Watch tool, the odds that the Federal Reserve will cut interest rates in July are only about 20%. However, those odds move to around 68% in September.
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB) today announced several executive leadership changes, reflecting the Bank's continued focus on growth, innovation and talent development. Susan Zaunbrecher, who has led Fifth Third's Legal, Government Affairs and Regulatory Affairs departments and the Office of the Corporate Secretary since 2018, will retire. Christian Gonzalez will join Fifth Third as executive vice president, chief legal officer, to succeed her, effective July 7.
A slew of regional banks just announced substantial new share buyback authorizations. Regional banks are mid-sized to small financial institutions that tend to serve a particular part of the country.
Fifth Third (NASDAQ: FITB) and Nashville leaders announced today that North Nashville will join the Fifth Third Neighborhood Program, bringing an influx of $20 million over three years to help revitalize the community. “Fifth Third could not be more excited to bring our innovative Neighborhood Program to North Nashville,” said Kala Gibson, chief corporate responsibility officer for Fifth Third. “We piloted our place-based economic development program back in 2019 and rolled it out in nine neighborhoods across our footprint in 2021. We have invested nearly $255 million since that time and witnessed generational, transformative change. We’re thrilled about the opportunity to apply what we’ve learned and help North Nashville realize similar outcomes and impact.” aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); In partnership with Affordable Housing Resources, Inc., Pathway Lending and United Way of Greater Nashville, Fifth Third and lead technica
CINCINNATI--(BUSINESS WIRE)--North Nashville will join the Fifth Third Neighborhood Program, bringing an influx of $20 million over three years to help revitalize the community.
FITB expands its buyback plan with a fresh $100M repurchase authorization, reinforcing its shareholder return focus.