Now the company has earned “Buy” from 5 equity analysts. FITB Director Hoover Jewell D also sold 1,420 shares, at a stock price of $21.06.
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Fifth Third Bancorp operates as a diversified financial services company in the United States.
Bank of America Corporation’s (BAC) stock price showed strong performance of 1.89% in last seven days, switched up 11.77% in last thirty days and it fell -16.68% in last one year. KABAT KEVIN T is one of the largest insider shareholders in Fifth Third Bancorp (NASDAQ:FITB), according to U.S. Securities and Exchange Commission (SEC) filings. During the past 4 weeks, traders have been relatively bearish on Fifth Third Bancorp (FITB), hence the stock is down -1.35% when compared to the S&P 500 during the same period. Continuous buying at higher levels pushed the stock towards an intraday high of $18.45. The firm has a 50-day moving average price of $6.21 and a 200 day moving average price of $5.56.
The 30 analysts offering 12-month price forecasts for Bank of America have a median target of 17.00, with a high estimate of 20.00 and a low estimate of 7.50.
First Financial Bancorp (NASDAQ:FFBC) last posted its earnings results on Thursday, July 21st.
In Fifth Third Bancorp (NASDAQ:FITB)’s most recent quarter, EPS moved to $0.37 from $0.41 in prior quarter and revenues reached at $1,546.00M versus $2,003.00M. The company reported $0.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by $0.03. That is compared with the $0.36 in earnings per share it reported during the same period previous year. The NYSE advances/declines ratio sits at 1,840 issues advancing vs. 1,054 declining with 156 unchanged. The ex-dividend date was Friday, May 27th.
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First Financial Bancorp. (First Financial) is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its wholly owned subsidiary First Financial Bank National Association (the Bank). These funds are used for the origination of loans, including one- to four-family first mortgage loans, home equity loans and lines, commercial real estate loans, construction and land loans, multi-family residential loans, commercial and industrial loans and consumer loans.
