Fifth Third Bancorp
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5 Reasons This Bank Should Sell For More Than Book Value
By Chad Henage - May 24, 2013 | Tickers: BAC, FITB, PNC, USB
I don't always have the time to check out a stock that sounds interesting right away. What happens many times is, I'll save whatever brought the company to my attention, and then get back to it later. This is exactly what happened when I came across an article by Sean Williams on Fool.com that mentioned Fifth Third (NASDAQ: FITB).
Getting It On My Watch List About Two more »
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Regional Banks Continue to Perform Well
By Robert Ciura - May 22, 2013 | Tickers: FITB, KEY, NYCB
Regional banks, those that cater to a particular section of the nation as opposed to their bulge-bracket peers, might fly under the radar of investors interested in buying bank stocks. While nearly all the coverage of bank stocks from the financial media pertains to the banking giants of the United States, investors would be wise to dig deeper into smaller regional banks that are performing well and aren’t under more »
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Reasons to Buy These Banking Stocks
By Adnan Khan - May 22, 2013 | Tickers: FITB, KEY, RF
I believe US mid-cap regional banks present upside. Among the three key stock-price drivers for these banks will be the macroeconomic environment, merger and acquisition activity, and upcoming regulatory requirements.
Healthy macroeconomic activity generally pushes loan growth further, while interest rates, which directly affect net interest margins, are key drivers of bank earnings per share. Overall loan growth is expected to decelerate to 2.7% during the current year, as more »
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A Quick Look at Avalon Advisor’s Big Buys Last Quarter
By Aubrey Tabuga - May 17, 2013 | Tickers: ABBV, FITB, JNJ, TXN, DOW
The 5 big buys of Avalon Advisors in the first quarter of 2013 are AbbVie (NYSE: ABBV), The Dow Chemical Company (NYSE: DOW), Texas Instruments (NASDAQ: TXN), Johnson & Johnson (NYSE: JNJ), and Fifth Third Bancorp (NASDAQ: FITB). Avalon Advisors is one of Houston’s largest money management firms. Based on whalewisdom.com compilation, the firm had over $1.646 billion in assets under management as of the end of the more »
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An Insider Is Buying, Should You?
By Meena Krishnamsetty - April 30, 2013 | Tickers: FITB, FMER, HBAN, KEY, PNC
According to a Form 4 filed with the SEC, Russ Strobel, who is a member of FirstMerit's (NASDAQ: FMER) Board of Directors, directly acquired 5,000 shares of stock on April 25 at prices of about $17 per share. This gave him about 9,100 total shares of the $1.9 billion market cap Midwestern bank in his direct holdings, a large increase in percentage terms.
Why pay attention more »
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Five Stocks That Look Especially Vulnerable to Activist Investors
By Mike Thiessen - April 29, 2013 | Tickers: AEE, CAG, ED, FITB, TYC
Recently, the New York Times reported on a detailed Rotary Gallop analysis that identified publicly traded companies that could be vulnerable to takeovers by activist investors. Although the analysis did not attempt to predict the likelihood of a takeover in any specific circumstance, it did comment on the likelihood of a theoretical takeover attempt's success.
The report found five particularly vulnerable companies: ConAgra Foods (NYSE: CAG), Consolidated Edison (NYSE: EDmore »)
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Sorting Through the Regionals
By Marshall Hargrave - April 15, 2013 | Tickers: BBT, FITB, HBAN, RF, STI
Standard & Poor's has a positive outlook for regional banks, as do I. These banks tend to have less exposure to international concerns and also are purer plays on deposits and consumer/small business economic health, whereas the exposure of mega-banks can be susceptible to trading and other "unplanned" losses.The regionals should see positive performance going forward on the back of home refinancing and gains on loans. According to more » -
These Bank Stocks will Ride Mortgages Higher
By Jordan Wathen - April 12, 2013 | Tickers: FITB, WFC
Investors watched carefully as Wells Fargo (NYSE: WFC) announced its quarterly earnings on Friday. The company has become a bellwether for retail banking, seeing as so much of its annual income comes from the simple origination of mortgage loans.
While the company reported strong earnings – profits swelled by 22% to more than $5.17 billion – the California-based banking institution reported revenue that fell short of analyst expectations, and income from more »
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These Bank Stocks will Ride Mortgages Higher
By Jordan Wathen - April 12, 2013 | Tickers: FITB, WFC
Investors watched carefully as Wells Fargo (NYSE: WFC) announced its quarterly earnings on Friday. The company has become a bellwether for retail banking, seeing as so much of its annual income comes from the simple origination of mortgage loans.
While the company reported strong earnings – profits swelled by 22% to more than $5.17 billion – the California-based banking institution reported revenue that fell short of analyst expectations, and income from more »
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These Bank Stocks will Ride Mortgages Higher
By Jordan Wathen - April 12, 2013 | Tickers: FITB, WFC
Investors watched carefully as Wells Fargo (NYSE: WFC) announced its quarterly earnings on Friday. The company has become a bellwether for retail banking, seeing as so much of its annual income comes from the simple origination of mortgage loans.
While the company reported strong earnings – profits swelled by 22% to more than $5.17 billion – the California-based banking institution reported revenue that fell short of analyst expectations, and income from more »
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Regional Banks Presenting an Investment Opportunity
By Adnan Khan - March 26, 2013 | Tickers: BBT, FITB, RF, STI
The fourth quarter results at some of the major US banks remained strong. The overall aggregate earnings were down moderately from the linked quarter still better than a year ago. Among potential headwinds for the US regional banks are record low interest rates, a sluggish US economy and increased regulatory burden. Other trends seen at some of the major regional banks during the fourth quarter are as follows:
BB&T more »
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A Tour Of 4 Midwestern Regional Banks
By Maxwell Fisher - March 14, 2013 | Tickers: CMA, FITB, FMER, HBAN
Cincinnati based Fifth Third Bancorp (NASDAQ: FITB) has a well-earned reputation as a conservative, well run institution. Despite having much of its asset base in two of the states (Michigan and Florida) most devastated in last decade's recession, Fifth Third has only been unprofitable one year in the last twenty, in 2008. In contrast, 2012 proved that the roughly $120 billion asset bank is back to its pre-recession levels more »
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Two Stress-Test Winners That May be Flying Under Your Radar
By Robert Ciura - March 14, 2013 | Tickers: FITB, KEY, NYCB
In the aftermath of the Federal Reserve stress-testing the nation’s banks, most investors likely have an understanding of where the biggest banks currently stand. However, while America’s bulge-bracket financial institutions have been hampered by issues ranging from legal settlements to massive trading losses, there are a number of smaller banks that are doing very well.
Regional banks, which offer financial services to a particular region of the United more »
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4 Regional Banks With Upside
By Adnan Khan - February 20, 2013 | Tickers: FITB, FMER, RF, USB
This article is aimed at screening out undervalued regional banks in the US on which analysts are bullish. These banking stocks would be liquid with little institutional ownership. For this purpose, I examined their daily trading volume, discount to book value, percentage of institutional ownership and consensus recommendation of the analysts covering the stock. The specific criteria are as follows:
- The selected bank must possess an average trading volume of more »
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The Fed Won't Embarrass Big Banks Again
By Chris Marasco - January 30, 2013 | Tickers: BAC, C, FITB, JPM, NES.DL
Last year the Fed publicly embarrassed Citigroup (NYSE: C). During the Stress Tests in 2012, Citigroup applied to repurchase $8 billion of its own shares over two years. But the Fed said no.
This year is a different story. Citigroup kept its requests far more modest, as CEO Michael Corbat and Chairman Michael O’Neill “told executives that under no circumstances will Citigroup fail to win approval this time around more »
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Fifth Third's Mutual Profit Growth
By Josef Ray Dagatan - January 28, 2013 | Tickers: FITB, HBAN, PNC
Fifth Third Bancorp (NASDAQ: FITB), a diversified monetary services company based in Cincinnati, Ohio, currently manages 15 affiliates with 1,232 wide-ranging banking centers, 106 Bank Mart locations, and 2,213 ATMs in the states of Indiana, Georgia, Florida, Tennessee, West Virginia, and North Carolina, amongst many others. The company’s commercial banking section provides credit functions, cash management and supervision, financial services, loaning and store products, and foreign exchange more »
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Taking A Look At Overlooked Regional Banks
By Marshall Hargrave - January 22, 2013 | Tickers: BAC, BBT, C, FITB, HBAN, PNC, RF
Compared to the "big" banks (Citigroup Inc., Bank of America, JP Morgan, Wells Fargo and U.S. Bancorp), the regional banks (BB&T Corporation (NYSE: BBT), Huntington Bancshares Incorporated (NASDAQ: HBAN), Fifth Third Bancorp (NASDAQ: FITB), Regions Financial Corporation (NYSE: RF) and PNC Financial Services (NYSE: PNC)) trade cheaply as a group on a P/B and P/E basis. The "big" banks have an average P/B of 1 more »
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Regional Banks Are the Strength of the Industry
By Brian Nichols - January 18, 2013 | Tickers: BAC, BBT, C, FITB, PNC |
Bank of America (NYSE: BAC) and Citigroup (NYSE: C) have been two of the most followed and controversial stocks in the market over the last year. The rise in housing and strong market performance has led some to believe that now is the time to buy these large money center banks. However, Thursday proved one point: Regional banks are the strength of the banking industry.
Bank of America fell more more »
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Earnings Preview for Regional Banks
By John Macris - January 16, 2013 | Tickers: FITB, HBAN, PNC
Earning season is well underway, with the number of S&P 500 companies reporting this week significantly higher than last. The volume of reports increases even further going into the third week of January. Here are several well-known regional banks that are reporting on Thursday, Jan. 17.
Fifth Third Bancorp (NASDAQ: FITB)
Thursday, Jan. 17 before open; Consensus $0.42 EPS / Revenue $1.64 billion
The Cincinnati, OH-based regional lender more » -
This Bank Is a Better Buy Than Any of the “Big Four”
By Meena Krishnamsetty - December 28, 2012 | Tickers: BAC, FITB, JPM, RF, WFC
Regions Financial (NYSE: RF) has been steadily outperforming its major peers, up 65% year to date, whereas BB&T, Huntington, Fifth Third and PNC are all up less than 20%. When comparing Regions to larger banks like JPMorgan and Wells Fargo, the latter two have returned less than half that of RF shares. Billionaire Jim Simons is one of Regions' biggest fans after he increased his stake by almost 250 more »
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