Fifth Third Bancorp (FITBI) Projected to Post Earnings on Friday

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

Fifth Third Bancorp Price Performance

NASDAQ FITBI opened at $25.69 on Wednesday. Fifth Third Bancorp has a twelve month low of $25.05 and a twelve month high of $25.99. The company’s 50-day simple moving average is $25.63 and its 200 day simple moving average is $25.59.

Fifth Third Bancorp Increases Dividend

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

About Fifth Third Bancorp

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.