Analysts See $0.57 EPS for Fifth Third Bancorp (FITB) as of July, 19

June 29, 2018 - By Arnold Ferreira

Fifth Third Bancorp (NASDAQ:FITB) Corporate Logo
During 2018 Q1 the big money sentiment decreased to 0.72. That’s change of 0.26, from 2017Q4’s 0.98. 35 investors sold all, 238 reduced holdings as Fifth Third Bancorp ratio fall. 141 rose holdings while 56 funds took holdings. Funds hold 547.18 million shares thus 2.75% less from 2017Q4’s 562.64 million shares.
Fjarde Ap, a Alabama-based fund reported 192,273 shs. Ejf Cap Ltd reported 1.79% stake. Pnc Services Grp has 469,517 shs for 0.01% of their capital. British Columbia Inv Mgmt has invested 0.09% in Fifth Third Bancorp (NASDAQ:FITB). Ny State Teachers Retirement accumulated 1.25M shs. Seminole Management reported 1.57% of its capital in Fifth Third Bancorp (NASDAQ:FITB). Monroe Comml Bank And Trust Mi owns 450 shs or 0% of their US capital. First Corporation In, Indiana-based fund reported 1,857 shs. Hightower Advsr Ltd holds 0.03% or 111,127 shs in its capital. Ontario Teachers Pension Plan Board holds 0.06% of its capital in Fifth Third Bancorp (NASDAQ:FITB) for 119,877 shs. Bessemer Grp Inc Inc reported 10,542 shs stake. Whittier Tru Of Nevada holds 0% or 875 shs. 88,973 are owned by Bank & Trust Of Nova Scotia. Suntrust Banks owns 29,923 shs. 113,484 were reported by Kbc Grp Nv.

Fifth Third Bancorp had 11 selling transactions and 0 insider purchases since February 5, 2018. This’s net activity of $6.84 million. On Friday, March 16 McWilliams Jelena sold $19,218 worth of Fifth Third Bancorp (NASDAQ:FITB). Immaneni Aravind had sold 4,000 shs worth $134,400. BRUMBACK EMERSON L sold $100,316 worth of Fifth Third Bancorp (NASDAQ:FITB) or 3,000 shs on Monday, March 5. On Wednesday, February 14 Forrest Frank R. also sold $960,780 worth of Fifth Third Bancorp (NASDAQ:FITB). Shares for $2.84 million were sold by CARMICHAEL GREG D. Hazel Mark D sold $246,098 worth of stock.

Fifth Third Bancorp (NASDAQ:FITB) is expected to publish earnings on July, 19 before the open., according to Faxor. This year’s EPS analyst estimate is expected to be $0.57. That is 23.91 % up compareed to $0.46 EPS for last year. FITB’s profit could reach $386.42 million with 12.88 P/E in case $0.57 EPS is revealed. After $0.57 EPS report last quarter, Wall Street now forecasts 0.00 % EPS growth of Fifth Third Bancorp. FITB reached $29.37 during the last trading session after $0.63 change.Fifth Third Bancorp has volume of 2.82M shares. Since June 29, 2017 FITB has risen 28.16% and is uptrending. FITB outperformed the S&P500 by 15.59%.

Fifth Third Bancorp (NASDAQ:FITB) Ratings Coverage

A total of 15 analysts rate Fifth Third Bancorp (NASDAQ:FITB) as follows: 3 “Buy”, 11 “Hold” and 1 “Sell”. Тherefore 20% are bullish. (NASDAQ:FITB) has 24 ratings reports on Jun 29, 2018 according to StockzIntelligence. The company rating was maintained by Jefferies on Tuesday, January 23. On Tuesday, January 23 the rating was maintained by BMO Capital Markets with “Hold”. On Thursday, January 4 the firm earned “Hold” rating by Susquehanna. The stock rating was maintained by Barclays Capital with “Hold” on Tuesday, January 2. The company rating was maintained by Robert W. Baird on Tuesday, January 2. On Wednesday, April 4 the stock of Fifth Third Bancorp (NASDAQ:FITB) has “Hold” rating given by Keefe Bruyette & Woods. On Wednesday, January 24 the stock has “Buy” rating by RBC Capital Markets. On Monday, May 21 the stock of Fifth Third Bancorp (NASDAQ:FITB) has “Reduce” rating given by Nomura. On Tuesday, May 22 the firm has “Hold” rating given by Macquarie Research. On Tuesday, January 23 the stock of Fifth Third Bancorp (NASDAQ:FITB) earned “Hold” rating by Sandler O’Neill.

Fifth Third Bancorp operates as a diversified financial services firm in the United States.The firm is valued at $19.91 billion. It operates through four divisions: Commercial Banking, Branch Banking, Consumer Lending, and Wealth and Asset Management.The P/E ratio is 8.57. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.

A couple more Fifth Third Bancorp (NASDAQ:FITB) news were posted by: Seekingalpha.com which released on June 28, 2018 “Federal Reserve objects to Deutsche Bank USA’s capital return plan”, also Streetinsider.com on June 21, 2018 posted “Fifth Third Bancorp (FITB) Releases Results of Stress Test”, the next Nasdaq.com is “Research Report Identifies Citizens Financial Group, Fifth Third, KKR & Co., Vista Outdoor, Devon Energy, and Lexicon …” on June 27, 2018. Benzinga.com has article titled “Fifth Third Is Worth A Premium Despite Sluggish Loan Growth, Argus Says In Bullish Initiation”.

Fifth Third Bancorp (NASDAQ:FITB) Institutional Investors Chart

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