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Stock impact report

Fifth Third Debt Raise And Credit Shift Signal Evolving Risk Profile [Yahoo! Finance]

Fifth Third Bancorp (FITB) 
Last fifth third bancorp earnings: 4/21 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.53.com/investor-overview
Company Research Source: Yahoo! Finance
Fifth Third Bancorp (NasdaqGS:FITB) completed a $2b senior unsecured debt offering, adding fresh long term funding capacity. The bank also announced a leadership transition in its credit organization, with a longstanding chief credit officer set to retire and an internal successor appointed. For you as an investor, the twin updates at Fifth Third Bancorp sit against a backdrop of a $50.22 share price and a 17.5% return over the past year. Over 3 and 5 years, returns of 50.7% and 88.4% show how the stock has previously rewarded patience across longer holding periods. The new funding and credit leadership shift come at a time when NasdaqGS:FITB already reflects a track record of value creation for shareholders. The $2b unsecured debt deal shows Fifth Third Bancorp continuing to tap capital markets to support its balance sheet plans and future priorities. The credit leadership change gives investors another factor to watch, as the incoming chief shapes risk appetite and credit pro Show less Read more
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