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Business Wire 07/01/2019 10:57
In 2005, Fifth Third established its Scholarship Program to award one-time, $2,500 scholarships annually to children of Fifth Third employees for study at a college or university.
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MarketWatch 06/18/2019 14:55
Shares of Fifth Third Bancorp rallied 2.2% in afternoon trading Tuesday, after Ohio-based bank said it was increasing its dividend by 9% and setting a new 100 million share repurchase program. The new quarterly dividend of 24 cents a share, up from 22 cents, will be payable July 15 to shareholders of record on June 28. Based on current stock prices, the new annual dividend rate implies a dividend yield of 3.48%, well above the yield for the SPDR S&P Financial Select Sector ETF of 1.92% and the implied yield for the S&P 500 of 1.97%, according to FactSet. The banker said the new share buyback program replaces the previous program that had 22 million shares remaining. The current program represents about 13.6% of the shares outstanding. The s.
In total, Fifth Third Bancorp, through Fifth Third Bank, provides its customers with access to approximately 52,000 fee-free ATMs across the United States.
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Reuters.com 05/29/2019 17:57
A federal appeals court has revived a proposed class action accusing Ohio-based Fifth Third Bank of breach of contract for advertising its short-term loans as having an annual interest rate of 120 percent when rates could actually reach as high as 3,650 percent.
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Auto Finance News - Blog 04/29/2019 12:31
Fifth Third Bank’s latest $1.37 billion offering marks the bank’s return to the auto ABS market after a two-year hiatus. The 2019-1 transaction will be Fifth Third’s first auto securitization since the prime lender issued a $1 billion offering in September 2017. While the two transactions share similarities, there are distinctions to be made in […]

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