The surprise winners of the bank regulation roll-back [CNN]
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: CNN
The surprise winners of the bank regulation roll-back Congress just passed a bank deregulation bill to help tiny community lenders drowning in rules. But some of the biggest winners aren't small at all. The legislation , which garnered bipartisan support, will benefit thousands of community banks that had little to do with the 2008 financial crisis. Wall Street firms like JPMorgan Chase ( JPM ) and Goldman Sachs ( GS ) , on the other hand, are not helped. But the bill will also free large regional banks like Fifth Third Bancorp ( FITB ) and SunTrust Banks ( STI ) from tough scrutiny that forced them to build giant rainy-day funds. Wall Street is betting these lenders will be able to return tens of billions of dollars of extra cash through greater share buybacks and dividends. "They're wrapping themselves in the apple pie of community banking," Neel Kashkari, the president of the Minnesota Federal Reserve Bank, said at an event on Monday. The former Goldman Sachs banker has
Show less
Read more
Impact Snapshot
Event Time:
FITB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FITB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FITB alerts
High impacting Fifth Third Bancorp news events
Weekly update
A roundup of the hottest topics
FITB
News
- Fifth Third Bancorp Reports First Quarter 2024 Diluted Earnings Per Share of $0.70Business Wire
- Fifth Third Bancorp Announces Preliminary Results of Annual Shareholders MeetingBusiness Wire
- Unlocking Q1 Potential of Fifth Third Bancorp (FITB): Exploring Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Fifth Third Bancorp Q1 Earnings Preview: Higher Rates Could Boost Guidance (Rating Upgrade) [Seeking Alpha]Seeking Alpha
- Identity Defined Security Alliance Announces 2024 Identity Management Awards Winners [Yahoo! Finance]Yahoo! Finance
FITB
Earnings
- 1/19/24 - Miss
FITB
Sec Filings
- 4/19/24 - Form 8-K
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- FITB's page on the SEC website