Fifth Third Bancorp is a financial services company that offers a diverse range of banking products and services, including retail and commercial banking, investment services, and mortgage lending. With a focus on delivering customer-centric solutions, the company serves individuals, businesses, and institutions by providing accessible banking options, wealth management services, and treasury management. Fifth Third Bancorp aims to enhance the financial well-being of its clients through innovative technology and personalized service while maintaining a strong commitment to community engagement and corporate responsibility. Read More
Investment banking giant Jefferies Financial Group (NYSE: JEF) has disclosed a significant exposure to the recent bankruptcy of auto-parts maker First Brands Group, LLC, sending tremors through the financial markets. The revelation, made on October 8, 2025, details that a fund managed by Jefferies’ Leucadia Asset Management holds approximately $715
BALA CYNWYD, Pa., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Fifth Third Bank (Nasdaq: FITB) is pleased to announce that Bridgit Chayt, head of commercial payments, has again been named to American Banker’s list of Most Powerful Women in Banking. Jessica Rohrkemper, director commercial payments and treasury management support services, has been named to the publication’s The Most Powerful Women in Banking NEXT list.
Wall Street kicked off the week with a bang as AMD’s blockbuster chip deal with OpenAI sent the Nasdaq soaring to fresh records. Meanwhile, Tesla teased a more affordable Model Y, Palantir recovered from a bruising week, and political gridlock in Washington continued to keep the U.S. government partially shut down.
While Wall Street dances in an “everything rally” with stocks breaking record highs daily, gold glittering near $4,000 an ounce and Bitcoin (CRYPTO: BTC) soaring past $125,000, private equity stocks are the only ones not invited to the party,
October 6, 2025, proved to be a day of significant volatility and strategic shifts across various sectors, as key public companies experienced dramatic midday stock movements. From groundbreaking AI partnerships and major banking acquisitions to government interest in critical minerals and analyst downgrades, the market reacted swiftly to a flurry
Curious about the most active S&P500 stocks in today's session? Join us as we explore the US markets on Monday and uncover the stocks that are leading the way in terms of trading volume and market attention.
Shares of financial services company Comerica (NYSE:CMA) jumped 15.8% in the morning session after Fifth Third Bancorp announced it would acquire the company in a $10.9 billion all-stock deal.
Advanced Micro Devices’ shares ripped over 29% in Monday’s midday trade after the announcement of a multi-year deal with OpenAI for six gigawatts worth of AMD chips.
The U.S. financial landscape is currently a tapestry of contrasting narratives, yet the S&P 500 index has demonstrated remarkable resilience, climbing to new highs even as a government shutdown casts a shadow over Washington. This paradoxical market strength is being fueled by two significant corporate developments: a major
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Fifth Third Bancorp (NASDAQ: FITB) and Comerica Incorporated is fair to Fifth Third shareholders. Upon closing of the proposed transaction, Fifth Third shareholders will own approximately 73% of the combined company.
Fifth Third Bancorp (Nasdaq: FITB) and Comerica Incorporated (NYSE: CMA) today announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. Under the terms of the agreement, Comerica’s stockholders will receive 1.8663 Fifth Third shares for each Comerica share, representing $82.88 per share as of Fifth Third’s closing stock price on October 3, 2025, and a 20% premium to Comerica’s 10-day volume-weighted average stock price. At close, Fifth Third shareholders will own approximately 73% and Comerica shareholders will own approximately 27% of the combined company.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Fifth Third Bancorp (NASDAQ:FITB) and its peers.
Fifth Third Bancorp (Nasdaq: FITB) today announced that it has submitted a redemption notice to the Depositary for redemption of (1) all of its outstanding 4.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L (CUSIP 316773DC1) (the “Series L Preferred Stock”), and (2) all outstanding receipts evidencing depositary shares representing the Series L Preferred Stock (CUSIP No. 316773DB3) (the “Depositary Shares”). The Series L Preferred Stock will be redeemed on September 30, 2025 pursuant to its terms and conditions for a redemption price equal to $25,000 per share, plus an amount equal to any declared but unpaid dividends, without accumulation of any undeclared dividends. The Depositary Shares will be redeemed on September 30, 2025 pursuant to their terms and conditions for a redemption price of $1,000 per Depositary Share, plus an amount equal to any declared but unpaid dividends to, but excluding, the redemption date, without accumulation of any undeclared dividends. For the third quarter of 2025, the redemption of the Series L Preferred Stock will result in an approximate reduction to net income available to common shareholders of $3.5 million, which will be treated as incremental preferred dividend expense.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
In a significant pivot from its earlier hawkish stance, the Federal Reserve announced its inaugural interest rate cut of 2025, lowering the benchmark federal funds rate by 25 basis points to a new target range of 4% to 4.25%. This eagerly anticipated decision, made on Wednesday, September 17, 2025,
Fifth Third’s outstanding record of operational sustainability has again been recognized by USA Today, which has named Fifth Third (NASDAQ: FITB) among its America’s Climate Leaders 2025.
The financial world is abuzz with anticipation as the Federal Reserve stands on the precipice of a significant monetary policy shift, widely expected to initiate a series of interest rate cuts. Beginning as early as its upcoming meeting on September 16-17, 2025, a 25 basis point reduction in the federal
