Tuesday Jul 29
EXCLUSIVE: Five questions with Fifth Third's new consumer banking chief
Shawn Niehaus, who started at Fifth Third as a teller during college 17 years ago, calls the new branch banking environment "exciting."
Tuesday Jul 29
View Press Release
Fifth Third Bank loaned more than $6.9 billion to businesses throughout its footprint during the First Quarter of 2014.
Mon Jul 28, 2014
Exclusive: Fifth Third Center in downtown Tampa sold
The sale of the 19-story 281,187-square-foot office building at 201 E. Kennedy Blvd. closed Monday, CBRE Group Inc. confirmed to the Tampa Bay Business Journal .
Three reasons analyst says Fifth Third shares should jump
The impact of doing away with payday-like loans, strong loan demand, a cheap stock and cuts to its branch network give Fifth Third Bancorp the potential to crank up the stock price, one analyst says.
Supreme Court Unanimously Rejects Special 'Presumption of Prudence' For Investment in Employer Stock
In the past, fiduciaries of employee stock ownership plans and other defined contribution plans that invest in employer stock generally have been able to rely on a special "presumption of prudence" in court when defending their decisions to continue to offer employer stock as an investment option, even when the investment has substantially declined ... (more)
Fri Jul 25, 2014
What Does the Supreme Court's Ruling in Fifth Third Bancorp v....
What Does the Supreme Court's Ruling in Fifth Third Bancorp v. Dudenhoeffer Mean for ESOPs and Other Retirement Plan Fiduciaries? Fiduciaries of qualified retirement plans, including Employee Stock Ownership Plans , have generally been entitled to a presumption that they have acted prudently in offering employer stock as an investment alternative ... (more)
Thu Jul 24, 2014
Buckhead resident promoted to president and CEO of Fifth Third Bank
The Cincinnati-based bank reported Dunlap replaces Randy Koporc , who was promoted to executive vice president of Fifth Third's newly created Payments and Commerce Solutions Bank.
Tue Jul 22, 2014
Weak Core Results At BB&T Driven By Expenses
Net interest margin was fine and credit quality remains good, but loan growth seemed a little soft compared to other peers, particularly in the Southeast.
Mon Jul 21, 2014
How Will Fifth Third Bancorp (FITB) Stock React To This Analyst Action Today?
The stock was rising 1.12% to $20.68 in pre-market trading today. Separately, TheStreet Ratings team rates FIFTH THIRD BANCORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation: "We rate FIFTH THIRD BANCORP a BUY.
Fri Jul 18, 2014
Fifth Third Bancorp Files (8-K) Disclosing Creation of a Direct...
FIFTH THIRD BANCORP FILES Disclosing Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant As previously announced on entered into an accelerated share repurchase ... (more)
U.S. Bancorp Seeing Stable Credit And Early Signs Of Loan Growth
U.S. Bancorp was on target with second quarter results, but did deliver surprisingly strong double-digit commercial lending and mortgage growth.
Analyst Downgrades: Advanced Micro Devices (AMD), Fifth Third Bancorp, and Travelzoo Inc.
FBR downgraded the stock to "market perform" from "outperform," while BofA-Merrill Lynch lowered its rating to "underperform" from "neutral."
Supreme Court Rejects "Presumption of Prudence" in ESOP Cases
On June 25, 2014, the Supreme Court issued a decision in Fifth Third Bancorp v. Dudenhoeffer regarding the availability of relief against fiduciaries of an employee stock ownership plan for alleged breaches of the fiduciary duty of prudence in investing in employer stock.
Thu Jul 17, 2014
Fifth Third Beats on Earnings and Revenues, Results Dip Y/Y
Driven by prudent expense management and better-than-expected revenue, Fifth Third Bancorp managed to deliver a positive earnings surprise of nearly 9% in second-quarter 2014.
Fifth Third 2Q profit falls 29 percent
Fifth Third Bancorp's second-quarter profit slid 29 percent with the housing sector still in a funk, but the results topped Wall Street expectations.
Regional Banks Struggle to Find More Ways to Cut Costs
ROCK AND A HARD PLACE: KeyCorp executives want to "grow our company" yet "become a more efficient and effective," CEO Beth Mooney says; Fifth Third officials have to "invest in our infrastructure and business lines, CEO Kevin Kabat says; Webster's branch network "is about the right size," CEO Jim Smith said, despite pressure to boost results ... (more)
Why Fifth Third Bank (FITB) Stock Is Dropping Today
The Midwestern regional bank also reported net income of $416 million or 49 cents per share, beating the average estimate of analysts surveyed by Reuters of 43 cents per share for the quarter.
Press release distribution, EDGAR filing, XBRL, regulatory filings
The Company will ... )--Homeshoppers are invited to tour the newest neighborhood in the Irvine Village of Portola SpringsA , Sage by KB Home.
Wed Jul 16, 2014
Bank's Call to U.S. Borrower Leads to Job, Not Foreclosure
Out of full-time work for more than 18 months, Richard Smith wasn't eager to hear from his mortgage lender.
Fifth Third hires senior leader to manage IPOs
Fifth Third Bancorp is expanding its capital markets unit to add the ability to help companies do initial public offerings and make other public stock offerings to raise money.