Jefferies Initiates Coverage of Fifth Third Bancorp - Preferred Stock (FITBP) with Buy Recommendation
Analyst Coverage and Price Target: Jefferies has initiated coverage of Fifth Third Bancorp - Preferred Stock with a "Buy" recommendation, projecting a 23.26% upside based on an average one-year price target of $29.58/share.
Institutional Ownership Trends: There has been a decrease in institutional ownership of Fifth Third Bancorp - Preferred Stock by 17.65% over the last quarter, with various funds adjusting their share allocations accordingly.
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Fifth Third Bancorp Stock Offering: Fifth Third Bancorp plans to sell 120,000 shares of its common stock on February 10, with an estimated market value of approximately $6.65 million.
Dividend Information: The company has disclosed a 4.95% dividend per share for non-cumulative preferred stock and a 6% dividend for cumulative preferred stock.
Ownership Structure: The dividend per share for the preferred stock is set at 1/1000th of ownership in the company.
Director's Involvement: Director Feiger Mitchell Stuart is involved in the stock sale, indicating active management participation in the company's financial strategies.
Cash Dividends Declared: Fifth Third Bancorp announced cash dividends for its common shares and various preferred shares, including a $0.40 dividend per common share for Q4 2025, payable on January 15, 2026.
Preferred Shares Dividends: The bank declared dividends on its Series H, I, J, K, and Class B Series A preferred shares, with payments scheduled for December 31, 2025, for shareholders of record as of December 29, 2025.

Stock Performance Overview: Fifth Third Bancorp's shares have declined nearly 9% over the past month, raising questions about the underlying trends despite strong long-term returns of 38% and 115% over 3 and 5 years, respectively.
Growth Potential and Risks: The bank is expected to benefit from expansion in fast-growing Southeast markets, but faces risks such as potential declines in solar loan originations and competition from nonbank digital lenders, which could impact future growth.

Dividend History: The article provides a dividend history chart for Fifth Third Bancorp's 6.00% Non-Cumulative Perpetual Preferred (FITBP), highlighting a recent dividend of $0.375.
Market Performance: On Wednesday, FITBP shares increased by approximately 0.6%, while the common shares (FITB) experienced a slight decline of about 0.2%.

Dividend Announcement: Fifth Third Bancorp declared a cash dividend of $0.40 per common share for Q3 2025, marking the 10th consecutive year of increased common dividends, payable on October 15, 2025.
Preferred Dividends Declared: The bank also announced dividends for various series of preferred shares, with payments scheduled for September 30, 2025, reflecting a strong earnings profile and resilient balance sheet.
Leadership Changes at Fifth Third Bancorp: Fifth Third Bancorp announces key executive promotions, including Christian Gonzalez as the new chief legal officer, succeeding Susan Zaunbrecher, who is retiring. Other leadership changes involve Kevin Lavender becoming vice chair of the Commercial Bank and Kevin Khanna taking over as head of the Commercial Bank.
Focus on Growth and Innovation: The bank emphasizes its commitment to growth, innovation, and talent development, highlighting the importance of experienced leaders in navigating a dynamic regulatory environment while continuing to expand client solutions and sustainable growth for shareholders.






