Fifth Third Bancorp Preferred Stock Today
| FITBO Preferred Stock | USD 22.03 0.27 1.21% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Fifth Third is selling at 22.03 as of the 24th of April 2024; that is -1.21 percent decrease since the beginning of the trading day. The preferred stock's open price was 22.3. Fifth Third has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Fifth Third Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Fifth Third is a bank thats as long on innovation as it is on history. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ Global Select Market under the symbol FITB. Investor information and press releases can be viewed at www.53.com. The company has 0 outstanding shares of which 78.43 K shares are currently shorted by private and institutional investors with about 3.94 days to cover all short positions. More on Fifth Third Bancorp
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Fifth Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fifth Third's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fifth Third or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Banking, Banks - Regional, Financial Services, Banks—Regional, Financial Services (View all Sectors) |
Fifth Third Bancorp (FITBO) is traded on NASDAQ Exchange in USA. It is located in Fifth Third Center, Cincinnati, OH, United States, 45263 and employs 19,319 people. Fifth Third is listed under Banking category by Fama And French industry classification. The company classifies itself under Financial Services sector and is part of Banks—Regional industry. Fifth Third Bancorp has 0 outstanding shares of which 78.43 K shares are currently shorted by private and institutional investors with about 3.94 days to cover all short positions.
Fifth Third Bancorp has accumulated about 3.48 B in cash with 2.7 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.07.
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Ownership AllocationRoughly 82.0 percent of Fifth Third outstanding shares are held by general public with 18.2 % by other corporate entities.
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Fifth Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Fifth Third jumping above the current price in 90 days from now is under 95%. The Fifth Third Bancorp probability density function shows the probability of Fifth Third preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the preferred stock has a beta coefficient of 1.2364. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fifth Third will likely underperform. Additionally, fifth Third Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Fifth Third to move above the current price in 90 days from now is under 95 (This Fifth Third Bancorp probability density function shows the probability of Fifth Preferred Stock to fall within a particular range of prices over 90 days) .
Fifth Third Bancorp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fifth Third market risk premium is the additional return an investor will receive from holding Fifth Third long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fifth Third. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fifth Third's alpha and beta are two of the key measurements used to evaluate Fifth Third's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.07) |
Fifth Stock Against Markets
Picking the right benchmark for Fifth Third preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fifth Third preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fifth Third is critical whether you are bullish or bearish towards Fifth Third Bancorp at a given time. Please also check how Fifth Third's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fifth Third without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fifth Third Corporate Management
Elected by the shareholders, the Fifth Third's board of directors comprises two types of representatives: Fifth Third inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fifth. The board's role is to monitor Fifth Third's management team and ensure that shareholders' interests are well served. Fifth Third's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fifth Third's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Hazel | Controller VP | Profile | |
| Christopher Doll | Director Relations | Profile | |
| Rob Schipper | Head MD | Profile | |
| James CPA | Ex CFO | Profile | |
| Kevin Lavender | Ex Banking | Profile | |
| Melissa Stevens | Chief VP | Profile | |
| Jude Schramm | Ex Officer | Profile |
How to buy Fifth Preferred Stock?
Before investing in Fifth Third, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fifth Third. To buy Fifth Third preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fifth Third. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fifth Third preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fifth Third Bancorp preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fifth Third Bancorp preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Fifth Third Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Fifth Third Bancorp?
The danger of trading Fifth Third Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fifth Third is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fifth Third. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fifth Third Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Fifth Third Bancorp information on this page should be used as a complementary analysis to other Fifth Third's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Fifth Preferred Stock analysis
When running Fifth Third's price analysis, check to measure Fifth Third's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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