FITB

FUNC, FITB and MCD raised dividends as rate-hike fears, inflation and Middle East tensions fuel market uncertainty.

FITB expects third-quarter NII and fee income near the upper-end of prior-stated guidance, with NIM approaching 3.40%.

Fifth Third Bancorp NASDAQ: FITB said it is tracking toward the favorable ends of its third-quarter guidance ranges following the completion of its Comerica conversion over Labor Day weekend, with executives citing stronger deposit growth, stable customer retention and expense savings that are arriving faster than initially expected.

Fifth Third Bancorp FITB declared a quarterly cash dividend of 42 cents per share for the third quarter of 2026, representing a 5% increase from the prior payout. The dividend will be paid on Oct. 15, 2026, to shareholders of record as of Sept.

Fifth Third Bancorp FITB is moving into the next phase of its Comerica integration, with management now focused on converting cost savings into growth opportunities. Speaking at the Barclays 24th Annual Global Financial Services Conference, CFO Bryan Preston reaffirmed that FITB remains on track to deliver $850 million in annualized expense synergies by the fourth quarter of 2026, with the savings expected to support earnings in 2027.

Fifth Third Bancorp (FITB) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

Fifth Third Bancorp completed the technical and brand conversion of the Comerica franchise over the Labor Day weekend, the bank said in a Tuesday (Sept. 8) press release.

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NYSE: FITB) today announced it has completed the technical conversion of approximately 600,000 customers' accounts and 293 banking centers across Arizona, California, Florida, Michigan and Texas from the Comerica franchise. Executed over Labor Day weekend, the conversion brings Comerica consumer and commercial customers onto Fifth Third's platforms. Today's milestone completes the integration that began when the two companies merged on February.

Representative David J. Taylor, a Republican from Ohio, has reported six congressional stock trades, selling off holdings in biotech and technology while purchasing shares in utility, semiconductor, and a regional bank.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Fifth Third Bancorp (FITB) have what it takes?