Over the last six months, Fifth Third Bancorp’s shares have sunk to $40.59, producing a disappointing 6.2% loss while the S&P 500 was flat. This may have investors wondering how to approach the situation.
Regional banks are rolling out big-time buybacks. See which name is signaling a huge amount of confidence, with the ability to buy back 15% of its shares.
Regional banking company Fifth Third Bancorp (NASDAQ:FITB) fell short of the market’s revenue expectations in Q1 CY2025 as sales only rose 1.8% year on year to $2.13 billion. Its non-GAAP profit of $0.74 per share was 7% above analysts’ consensus estimates.
Over the past six months, Fifth Third Bancorp’s stock price fell to $39.13. Shareholders have lost 7.4% of their capital, which is disappointing considering the S&P 500 has climbed by 1.9%. This might have investors contemplating their next move.
As the US market prepares to open on Monday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Ebrahim H. Poonawala of B of A Securities revised estimates for FITB after an investor meeting, highlighting management's commitment to shareholder returns.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
