Rochester,NY 8/19/2009 12:16:38 AM
News / Business

Fifth Third Bancorp ., FITB - Fifth Third Leads Bank Shares Lower After 74% Surge in 6 Months

Fifth Third Bancorp led the nation’s largest lenders lower in New York trading on concern earnings prospects don’t justify average gains of about 74 percent in the past six months.

 

http://StockEinstein.com offers free daily stock alerts on companies ready to run.  Scroll to the bottom of this page to signup for free stock alerts and visit our site.


Fifth Third Bancorp has a market cap of $5.6 billion; its shares were traded at around $9.71 with and P/S ratio of 0.65. The dividend yield of Fifth Third Bancorp stocks is 0.41%. Fifth Third Bancorp had an annual average earning growth of 8% over the past 10 years.the Bancorp issued approximately 158 million common shares at an average share price of $6.33. In addition, on June 17, 2009, the Bancorp completed its offer to exchange 2,158.8272 shares of its common stock, no par value, and $8,250 in cash, for each set of 250 validly tendered and accepted depositary shares of its Series G convertible preferred stock.

 


StockEinstein.com has a dedicated team uncovering stocks ready to break and run.  We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.

This is a free service available only to our subscribers.  Scroll to the bottom of this page to signup for free stock alerts and visit our site.

During 2009 our alerts have resulted in an average price gain of 80%+.

Disclaimer: Full disclaimer at http://StockEinstein.com/disclaimer.php

IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment.  Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses.  Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.