Fifth Third Bancorp traded at $50.41 this Thursday October 1st, decreasing $0.17 or 0.34 percent since the previous trading session. Looking back, over the last four weeks, Fifth Third Bancorp lost 7.33 percent. Over the last 12 months, its price rose by 14.00 percent. Looking ahead, we forecast Fifth Third Bancorp to be priced at 50.97 by the end of this quarter and at 47.74 in one year, according to Trading Economics global macro models projections and analysts expectations.
Fifth Third Bancorp (the Bancorp) is a bank holding company for Fifth Third Bank, National Association. The Bancorp conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries from banking centers located throughout the Midwestern and Southeastern regions of the United States. The Bancorp operates through three segments: Commercial Banking, which offers credit intermediation, cash management and financial services to large and middle-market businesses and government and professional customers; Consumer and Small Business Banking provides a full range of deposit and loan products to individuals and small businesses through a network of full-service banking centers and relationships with indirect and correspondent loan originators, and Wealth and Asset Management, which provides a range of wealth management services for individuals, companies and nonprofit organizations.