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Fifth Third Bancorp EPS Miss Amid New Stake Purchases and Higher Targets

Fifth Third Bank logoFifth Third Bank
Sig1.65Sen+0.35Env0.00Soc0.00Gov0.00

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.

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