The EVP of Fifth Third Bancorp (FITB) is Selling Shares


Today, the EVP of Fifth Third Bancorp (FITB), Philip Mchugh, sold shares of FITB for $1.1M.

Following Philip Mchugh’s last FITB Sell transaction on November 28, 2016, the stock climbed by 6.9%.

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Based on Fifth Third Bancorp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $2.37 billion and quarterly net profit of $545 million. In comparison, last year the company earned revenue of $1.84 billion and had a net profit of $428 million. The company has a one-year high of $30.65 and a one-year low of $22.12. FITB’s market cap is $21.81B and the company has a P/E ratio of 9.92.

The insider sentiment on Fifth Third Bancorp has been positive according to 81 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Philip Mchugh’s trades have generated a -13.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.

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