Yesterday, a Director at Fifth Third Bancorp (FITB), Evan Bayh, bought shares of FITB for $103.7K.
This recent transaction increases Evan Bayh’s holding in the company by 8.99% to a total of $1.3 million. This is Bayh’s first transaction since reporting a Buy transaction on BERY back in May 2017
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Based on Fifth Third Bancorp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.13 billion and quarterly net profit of $449 million. In comparison, last year the company earned revenue of $2 billion and had a net profit of $580 million. The company has a one-year high of $30.20 and a one-year low of $22.12. FITB’s market cap is $18.86B and the company has a P/E ratio of 8.84.
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Fifth Third Bancorp engages in the provision of banking & financial services, retail & commercial banking, consumer lending services and investment advisory services through its subsidiary Fifth Third Bank. It operates through the following segments: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management.
