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FifthThird

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Reuters - 3天前

Fifth Third Bancorp - Entered Into New Share Repurchase Agreement To Purchase About $300 Million Of Outstanding Common Stock

BRIEF-Fifth Third Bancorp - Entered Into New Share Repurchase Agreement To Purchase About $300 Million Of Outstanding Common Stock Oct 22 (Reuters) - Fifth Third Bancorp FITB.O : FIFTH THIRD BANCORP - ENTERED INTO NEW SHARE REPURCHASE AGREEMENT TO PURCHASE ABOUT $300 MILLION OF OUTSTANDING COMMON STOCK Source text for Eikon: [ID:n0000035527-24-0002
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Reuters - 4天前

U.S. Galapagos, Marsh & Mclennan, Travelers

U.S. RESEARCH ROUNDUP-Galapagos, Marsh & Mclennan, Travelers Oct 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Galapagos, Marsh & Mclennan and Travelers, on Tuesday. HIGHLIGHTS * Contineum Therapeutics Inc CTNM.O : Baird initiates coverage with outperform rating * Galapagos NV GLPG.O : JP Morgan cuts target price to $32 from $37 * Marsh & Mclennan MMC.N : KBW raises target price to $212 from $209 * Travelers TRV.
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Reuters - 5天前

U.S. Centerspace, Gilead, Gitlab

U.S. RESEARCH ROUNDUP-Centerspace, Gilead, Gitlab Oct 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Centerspace, Gilead and Gitlab, on Monday. HIGHLIGHTS * Centerspace CSR.N : Raymond James cuts to market perform from outperform * Euronet Worldwide Inc EEFT.O : Citigroup cuts to neutral from buy * Gilead GILD.O : Leerink Partners raises to outperform from market perform * Gitlab Inc GTLB.O : Needham raises to bu
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Reuters - 1周前

Fifth Third Bancorp dips after lower Q3 profit

BUZZ-Fifth Third Bancorp dips after lower Q3 profit ** Shares of Fifth Third Bancorp FITB.O fall 3.7% to $43.71 ** Co reports a fall in its third-quarter profit, as the bank set aside more money to cover for potential loan defaults ** Fifth Third's provision for credit losses jumped to $160 million in the quarter from $119 million a year earlier ** FITB's net interest income — the difference between what banks pay customers on deposits and earn as interest on loans — dipped 1% to $1.43 billi
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Reuters - 1周前

Fifth Third Bancorp's profit falls on higher loan loss provisions

Fifth Third Bancorp's profit falls on higher loan loss provisions Oct 18 (Reuters) - Fifth Third Bancorp FITB.O reported a fall in its third-quarter profit on Friday, as the bank set aside more money to cover for potential loan defaults, sending its shares down 3% in premarket trading. Banks have been allocating larger reserves as customers deplete their savings built up during the pandemic, resulting in provisions rising to more typical levels.
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