Fifth Third Bancorp EPS Miss Amid New Stake Purchases and Higher Targets
Nykredit A S bought a new stake in Fifth Third Bancorp, adding 227,114 shares, while Bank of America also increased its position. UBS and Citigroup raised price targets. Fifth Third reported quarterly EPS of $0.83, slightly below consensus, and paid a $0.40 dividend, with annual EPS expectations averaging 4.1.