Fifth Third Bancorp (NASDAQ:FITBP) Stock Price Up 0.4% – Still a Buy?

Fifth Third Bancorp (NASDAQ:FITBPGet Free Report) shares shot up 0.4% during trading on Thursday . The company traded as high as $23.66 and last traded at $23.66. 3,849 shares changed hands during trading, a decline of 68% from the average session volume of 11,933 shares. The stock had previously closed at $23.57.

Fifth Third Bancorp Trading Up 0.8%

The firm’s 50-day simple moving average is $23.88 and its 200 day simple moving average is $24.46.

Fifth Third Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 27th were given a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Friday, March 27th.

Fifth Third Bancorp Company Profile

(Get Free Report)

Fifth Third Bancorp (NASDAQ:FITBP) is a diversified financial services company headquartered in Cincinnati, Ohio, operating through its banking subsidiary, Fifth Third Bank. The company provides a broad array of banking, lending, and wealth management services to individuals, small businesses, middle-market companies and large corporations. Its core offerings include deposit products, home and auto financing, credit cards, and treasury management solutions, complemented by insurance, investment advisory and trust services.

Founded in 1858 with the merger of Third National Bank and Fifth National Bank, Fifth Third has grown through strategic acquisitions and organic expansion to serve customers across a multi-state footprint in the Midwest and Southeast.

Further Reading

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