Fifth Third Bancorp reports Q4 EPS 43c, consensus 42c Reports book value per share of $15.85; tangible book value per share of $13.00; down 1% from Q3 and up 5% from Q4 of last year. Reports Tier 1 common ratio 9.38% vs. 9.88% in Q3. Net charge-offs were $148M in Q4.
News For FITB From The Last 14 Days
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Fifth Third Bancorp upgraded to Outperform from Neutral at RW Baird RW Baird upgraded Fifth Third Bancorp to Outperform citing the recent pullback in shares. The firm raised its price target for the stock to $23 from $22.