Fifth Third Bancorp (FITB)

23.50
0.80 3.50
NASDAQ : Finance
Prev Close 22.70
Open 24.00
Day Low/High 23.28 / 24.92
52 Wk Low/High 11.10 / 31.64
Volume 10.91M
Avg Volume 9.13M
Exchange NASDAQ
Shares Outstanding 711.91M
Market Cap 15.21B
EPS 3.40
P/E Ratio 9.49
Div & Yield 1.08 (4.90%)

The 13-Fs Yield More Community Bank Ideas

Let's take a look at what the sharp people are FSI Group are buying and selling.

12 Financials to Ponder After JPMorgan Beat

12 Financials to Ponder After JPMorgan Beat

These banks, brokerages and insurers are attractive for investors with a six- to 12-month time horizon.

12 Financials to Consider After JPMorgan Beat

12 Financials to Consider After JPMorgan Beat

These banks, brokerages and insurers are attractive for investors with a six- to 12-month time horizon.

Fifth Third downgraded at Sterne Agee

From The Street of Dreams

BMO Capital cut its rating on Fifth Third Bancorp (FITB) this morning to "Market Perform" from a previous "Outperform" based on big-picture concerns. I had a negative write-up of banks yesterday and am out of all bank-stock longs, but believe that a...

Fifth Third downgraded at BMO

Taking All Bank Stocks Off of My 'Best Long Ideas' List

I'm pulling all nine bank stocks off of my "Best Long Ideas" list, although I'm actually maintaining my long positions in them. Here are the prices that I'm removing these stocks at: Bank of America (BAC): $14.00 BB&T Corp. (BBT): $34.90 Citigroup (...

Selling Some Bank Stocks

The banking sector has enjoyed a terrific rebound from last week's panic lows, which saw levels where I aggressively bought. Optimism about the sector is now mounting, and several analysts this morning highlighted a potential upside breakout. Here's...

I'm Bullish on Banks

Bond yields are spiking higher today and the iShares 20+ Year Treasury Bond ETF (TLT) is down $2, and financials are conspicuous to the upside. Here's my current take on the sector: Banks. I'm long on Citigroup (C), Bank of America (BAC), JPMorgan C...

That Damn Flat Yield Curve!

The yield curve has collapsed to its flattest level since November 2007. Were it not for this damn flattening yield curve, I think bank stocks would have rallied by 20% to 25% off of their recent lows instead of the 10% or so that we've seen. From m...

My Outlook for the Market's Major Sectors (Part 1)

"Yellen is wrong -- and she has a lot of company. It is an amazing reality that, among economists, the faith in the possibility of endless expansions has survived the 2008-2009 financial crisis and the Great Recession. What history teaches is disqui...

Takeaways and Observations

My thoughts as we enter the last half-hour of trading: "Who's on First?"  -- damned if I know! The market trended higher from the get go. Machines and algos in full gear. At 230 p.m. ET the S&P was at its high, with a gain of  nearly 35 handles on l...

Focusing Longs on 3 Sectors

While my short book consists of bottoms-up individual equities ideas, my long exposure is concentrated into three market sectors -- banks, retail and biotech. Banks continue the strong rally that began on Friday morning. I believe there is more to c...

Today's Takeaways and Observations

Is it Friday yet? Remember, tomorrow is the end of the month. Markups? Also, I previously discussed the possibility of a large rebalancing to the buy side tomorrow afternoon as bonds materially outperformed equities. It could be a catalyst late in t...

From The Street of Dreams (Part Deux)

I updated my thesis for Fifth Third Bancorp (FITB) late last week, and today, boutique brokerage Hilliard Lyons upgraded the shares to "Long-Term Buy" from a previous "Neutral."

In a Buying Mood

I've made more buys today. They include JPMorgan Chase (JPM); Wells Fargo (WFC), which recently was added to my Best Ideas List; Radian Group (RDN), which I'll have more on next week; Oaktree Capital Group (OAK); and Fifth Third Bancorp (FITB), whic...

Today's Trades

Here's a look at my market moves so far today: I sold out of my long of the SPDR S&P 500 ETF (SPY) at nice prices. I added to my longs of Bank of America (BAC), the Blackstone/GSO Strategic Credit closed-end fund (BGB), Citibank (C), Fifth Third Ban...

FITB Still Be Fit to Me

Fifth Third Bancorp (FITB) reported in-line recurring earnings of $0.40/share yesterday morning, but the stock initially declined based principally on higher near-term guidance for things like technology and compliance costs (although shares are up ...

Today's Takeaways and Observations

My thoughts to this point of the day: Thus far a tepid bounce following two awful trading sessions. Spiders (up about 50 cents a share on the day) are more than a dollar off of their morning highs. The U.S. dollar was weaker against the euro, spurri...

My Bank-Stock Strategy

Bank stocks are my favorite market sector, as I've mentioned repeatedly. I recently detailed my secular investment rationale for them in Why Banks are the Bomb. I've been trading around my core longs of a lengthy list of bank stocks since early this...

The Long and Short of My 'Best Ideas' List

I have 10 longs and 16 shorts on my "Best Ideas" list. My longs are concentrated in financials and retail, while my shorts are less thematic and more based on bottoms-up research. Seems reasonable to me.

My Long Take on the Market

I've added to the following longs today: Bank of America (BAC), Bed Bath & Beyond (BBBY), Best Buy (BBY), Citigroup (C), Fifth Third Bancorp (FITB), JPMorgan Chase (JPM) and Macy's (M). As I mentioned in Columnist Conversation, I'm leaving at about ...

Recommended Viewing

Jim "El Capitan" Cramer is touting Bank of America (BAC), and he explains why at around the 3:00 mark of this video. We're aligned on this name, as I've added to my BAC long this week. I've also added to longs of three other banks -- Citigroup (C), ...

The Long and Short of It

Here is a partial list of my current longs and shorts: Longs: Yahoo! (YHOO), Potash (POT), Citigroup (C), Bank of America (BAC), JPMorgan Chase (JPM), Fifth Third Bancorp (FITB), Twitter (TWTR), Macy's (M), Best Buy (BBY), Bed, Bath & Beyond (BBBY),...

Buying Bank Stocks Again

I've been patiently watching the banking group for a while, but am now buying again. Following a nice correction over the past few weeks, the sector has moved back into my "buy" area. So, I recently bought: Bank of America (BAC) at $16.95 Citigroup ...

Today's Takeaways and Observations

Here are my thoughts on the day: The market's complexion continues to change, for the worse. Everything might be beautiful at the ballet  (my favorite "Chorus Line" song), but not in the markets these days. Check out these lessons on investing from ...

My 'Buy' Ranges for Banks

Here's where I "live" in my buy levels for my money-center bank holdings: Bank of America (BAC) -- $16.50 to $16.75 Citigroup (C) --  $52.50 to $53 Fifth Third Bancorp (FITB) -- $19.50 to $20 JPMorgan Chase (JPM) -- $64 to $65 As a reminder, all fou...

Time To Batten Down the Hatches

I aggressively accumulated bank stocks back in March, going long on 14 in total. But in light of my rising bearishness these days, I'm taking my long positions off on three regional banks -- MidSouth Bancorp (MSL), Southern National Bancorp of Virgi...

Today's Activity

Here's a roundup of my actions so far today: I've further reduced my bank longs based on an advance in share prices, coupled with the yield curve's flattening. However, Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM) and Fifth Third Banco...

Today's Takeaways and Observations

My thoughts to this point of the day: First of the month and buyers queued up after a large sell imbalance at yesterday's close ($3.3 billion) depressed prices in the last 20 minutes of trading on Monday. Today, investors have rejoiced, again, in th...