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Profile:  

 
Fifth Third Bancorp
Fifth Third Center
38 Fountain Square Plaza
Cincinnati, OH 45263
United States - Map
Phone: 513-534-5300
Fax: 513-579-6246
Web Site: http://www.53.com

DETAILS  
Index Membership: N/A
Sector: Financial
Industry: Regional - Midwest Banks
Full Time Employees: 19,845


BUSINESS SUMMARY  
Fifth Third Bancorp operates as a diversified financial services holding company. The company's Commercial Banking segment offers banking, cash management, and financial services; traditional lending and depository products and services; other services, including foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan, and lease products to individuals and corporations. Its products include checking and savings accounts, home equity loans and lines of credit, and credit cards and loans for automobile and personal financing needs. The company's Consumer Lending segment involves in mortgage and home equity lending activities, such as origination, retention, and servicing of mortgage and home equity loans; other indirect lending activities, which include loans to consumers through mortgage brokers, automobile dealers, and federal and private student education loans. Its Investment Advisors segment offers a range of investment alternatives for individuals, companies, and not-for-profit organizations. This segment also offers investment, trust, asset management, retirement planning, and custody services, as well as retail brokerage services to individual clients and broker dealer services to the institutional marketplace. Its Fifth Third Processing Solutions segment offers electronic funds transfer, debit, credit, and merchant transaction processing services; and data processing services. As of December 31, 2008, Fifth Third Bancorp operated 1,307 full-service banking centers, including 92 Bank Mart locations and 2,341 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, and Georgia. The company was founded in 1862 and is headquartered in Cincinnati, Ohio.

I am looking at all the banks and the run they have had time for a pull back not much
but buy on pull back.

Support @ $2.76...1.27
Resistance@ @7.37...8.06...8.59
MACD is Bullish
RSI is Bullish

52wk Range: 1.01 - 23.75
Volume: 60,277,713
Avg Vol (3m): 37,715,300

Technicals
Close Above the 50-day MA
Close Above the 13-day MA
Most Actives
Percentage Gainer

Last Price Quote is:
26.96%above 13-day MA
20.59%above 50-day MA
RS Rating: 5 

Fundamentals
Earnings Expected on Apr 23

Key Data:
Market Cap (M): $2,069.74 
P/E Ratio: 101.21 
PEG Ratio: -1.26923 
Next Earnings: 04/23/2009
Last Analyst Rating: Mkt Perform

This is a fast recovery...
I wonder why the Fed has not echoed the exuberance of the street.

news DD http://www.nasdaqstock-news.info

52wk Range: 1.01 - 23.75
Volume: 48,192,505
Avg Vol (3m): 37,715,300

Technicals
Close Above the 50-day MA
Close Above the 13-day MA
Most Actives
Percentage Gainer

Last Price Quote is:
48.60%above 13-day MA
41.13%above 50-day MA
RS Rating: 6 

Fundamentals
Earnings Expected on Apr 23

Key Data:
Market Cap (M): $2,069.74 
P/E Ratio: 101.21 
PEG Ratio: -1.26923 
Next Earnings: 04/23/2009
Last Analyst Rating: Mkt Perform

Fifth Third stock jumps after Freddie Mac news...
Fifth Third Bancorp said Monday that more than $21 million in Freddie Mac loans have been refinanced by its mortgage unit.

All together, Fifth Third Mortgage Co. has worked with more than 11,000 homeowners and refinanced more than $1.95 billion in loans since participating in the federal government's Homeowner Affordability and Stability Program, according to a news release.

The news sent shares of Fifth Third (NASDAQ: FITB) up 25 percent, or 98 cents per share, to close at $4.83 in Monday trading.

The government program allows homeowner and banks to work out refinancing deals up to 105 percent of loan-to-value ratio, with no appraisal required on most single-family homes, and no minimum credit score.

Fifth Third, headquartered in Cincinnati, has 16 affiliates with about 1,300 banking centers and more than 2,300 ATMs in Ohio, Kentucky, Indiana, Georgia, North Carolina, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri.



If FITB was not stable, I don't feel that the Govt (Freddie Mac) would let them partake in the Homeowner Affordability and Stability Program. They would be setting themselves up to fail. In my opinion, this bank has no where to go but up.... JMHO of course.
Stock near Explosive Breakout Point


52wk Range: 1.01 - 23.75
Volume: 64,641,778
Avg Vol (3m): 45,126,200

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
26.93%above 13-day MA
41.73%above 50-day MA
RS Rating: 81 

Fundamentals
Key Data:
Market Cap (M): $2,221.20 
P/E Ratio: 101.21 
PEG Ratio: -0.903846 
Next Earnings: 07/21/2009
Last Analyst Rating: Hold

updated chart scene...

Has floated up from the muck...
What a ride from a buck 

Stocks capped another strong week with a triple-digit rally Friday as Wall Street breathed a sigh of relief after the stress-test results and banks soared.

Bank stocks rallied between 5 and 20 percent amid relief that the results of the stress tests weren't worse. The results showed that 10 of the 19 tested were in need of additional capital, totaling $74.6 billion.

Regional bank Fifth Third [FITB  $8.49   +$3.144  (+58.81%)   ] was the runaway winner in the sector, soaring 59 percent — in just one day — as the stress-test results showed the bank needs just $1.1 billion in fresh capital, much less than expected. Several analysts raised their price targets on the stock and bumped up their ratings to "outperform."

For the week, Fifth Third more than doubled, while Bank of America gained 63 percent, Citigroup advanced 37 percent and PNC Financial [PNC  53.08    8.61  (+19.36%)   ] jumped 40 percent.

52wk Range: 1.01 - 21.47
Volume: 198,253,850......
Avg Vol (3m): 47,383,700


Technicals
Record Volume
Most Actives
Gap Up
Percentage Gainer
Price Gainer

Last Price Quote is:
93.92%above 13-day MA
132.86%above 50-day MA
RS Rating: 99 

Fundamentals
Analyst Upgrade to Outperform

Key Data:
Market Cap (M): $2,221.20 
P/E Ratio: 101.21 
PEG Ratio: -1.25 
Next Earnings: 07/21/2009
Last Analyst Rating: Outperform

watch err now...
The Golden Cross!


52wk Range: 1.01 - 21.00
Volume: 24,443,495
Avg Vol (3m): 45,189,500

Technicals
Close Above the 13-day MA
Most Actives
Percentage Gainer

Last Price Quote is:
4.58%above 13-day MA
10.79%above 50-day MA
RS Rating: 96 

Fundamentals
Earnings Expected on Jul 23

Key Data:
Market Cap (M): $3,773.16 
P/E Ratio: 101.21 
PEG Ratio: -1.84615 
Next Earnings: 07/23/2009
Last Analyst Rating: Outperform

updated chart look...

Thursday, January 20, 2011...

Reported Earnings...FITB-Fifth Third Bancorp (0.24)

What a recovery...BreakOut!
Chart Analysis confirms that a strong uptrend is in place.
Fifth Third is the Top Performing bank since the bottom.
A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

Great chart analysis you have done. I am book marking this page.Thanks for such relevant information..