Fifth Third Bancorp (FITB) has been seeing a lot of activity from large scale investors as shares have been bought and sold in large volumes. For instance, M&G PLC sold 14,291 shares, ProShare Advisors LLC, Los Angeles Capital Management LLC, Campbell & CO Investment Adviser LLC, and Verus Capital Partners LLC also divested from FITB. Conversely, Geode Capital Management LLC, National Pension Service, and Davis Selected Advisers purchased significant stakes. In terms of previous acquisitions, Fifth Third overcame a previous bidder to acquire Comerica. FITB also announced the decrease in the Prime Lending Rate to 7.00%. After strong Q3 results and progress on acquisitions, FITB’s outlook remains optimistic. In spite of this, FITB also suffered from a fraudulent-linked impairment. The company also released its Q3 earnings which revealed expansion in Southeast and strategic direction defined by the Comerica Merger. Despite some selling from entities, Wall Street Analysts retain a bullish view on FITB stocks while the bank's five-year earnings growth appears to trail its shareholder returns.
Fifth Third Bancorp FITB News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 15 Nov 2025 19:11:45 GMT -
Rating 5
- Innovation -2
- Information 6
- Rumor 2
