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Bank of Nova Scotia Adds Position in Fifth Third Bancorp

Scotiabank logoScotiabank
Sig1.56Sen+0.83Env0.00Soc0.00Gov0.00
Fifth Third Bank logoFifth Third Bank
Sig1.20Sen-1.05Env0.00Soc0.00Gov0.00

Bank of Nova Scotia acquired 109,116 shares of Fifth Third Bancorp, worth about $6.15 million, while other large investors also traded FITB. SouthState Bank and Leonteq Securities reported small new positions. Wells Fargo raised its price target to $67. Fifth Third reported Q2 EPS of $0.83, slightly below consensus, and paid its quarterly dividend on July 15.

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