Fifth Third Bancorp (NASDAQ:FITB) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, April 23rd. Analysts expect the company to announce earnings of $0.60 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Fifth Third Bancorp (NASDAQ:FITB) last posted its quarterly earnings data on Tuesday, January 22nd. The financial services provider reported $0.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.02. Fifth Third Bancorp had a net margin of 27.32% and a return on equity of 12.34%. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the firm posted $0.48 EPS. On average, analysts expect Fifth Third Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NASDAQ:FITB opened at $27.13 on Tuesday. Fifth Third Bancorp has a twelve month low of $22.12 and a twelve month high of $34.67. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market cap of $17.49 billion, a PE ratio of 10.68, a price-to-earnings-growth ratio of 1.25 and a beta of 1.32.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were given a dividend of $0.22 per share. The ex-dividend date was Thursday, March 28th. This represents a $0.88 annualized dividend and a dividend yield of 3.24%. Fifth Third Bancorp’s dividend payout ratio (DPR) is 34.65%.

FITB has been the subject of several research reports. ValuEngine upgraded shares of Fifth Third Bancorp from a “strong sell” rating to a “sell” rating in a research report on Monday, April 1st. BidaskClub upgraded shares of Fifth Third Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, January 19th. Bank of America set a $29.00 price objective on shares of Fifth Third Bancorp and gave the company a “hold” rating in a research report on Wednesday, January 23rd. Raymond James set a $30.00 price objective on shares of Fifth Third Bancorp and gave the company a “buy” rating in a research report on Wednesday, January 23rd. Finally, Vining Sparks restated a “buy” rating and set a $36.00 price objective on shares of Fifth Third Bancorp in a research report on Tuesday, January 22nd. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $31.31.

In other news, EVP Frank R. Forrest sold 26,000 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $26.37, for a total value of $685,620.00. Following the completion of the sale, the executive vice president now directly owns 62,974 shares of the company’s stock, valued at $1,660,624.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another publication, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at

Fifth Third Bancorp Company Profile

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.

Further Reading: Strangles

Earnings History for Fifth Third Bancorp (NASDAQ:FITB)

Receive News & Ratings for Fifth Third Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Third Bancorp and related companies with's FREE daily email newsletter.