New Broker Ratings For Guaranty Bancorp (NASDAQ:GBNK)
On July 07, 2016 Fifth Third Bancorp (FITB) announced that Edward L. Robinson has been named its senior vice president and head of Fifth Third Mortgage.
A number of equities research analysts have issued reports on FITB shares. The company has a market cap of $92.10 million. TheStreet raised shares of Fifth Third Bancorp from a “hold” rating to a “buy” rating in a report on Friday, April 29th. Goelzer Investment Management Inc. raised its position in U.S. Bancorp by 7.2% in the fourth quarter. According to the analysts, the company has the Low Price target of $16 whereas, the Mean Target is estimated by the brokers is $19.63. GSA Capital Partners LLP boosted its position in Fifth Third Bancorp by 177.8% in the fourth quarter. Moreover one week ago on 06/30/16 the company’s price target was revised at $19.75 with 52 week price target range of $22.00 – $17.00.
Earnings Roundup: In the last fiscal quarter alone, Fifth Third Bancorp generated around $1.55B in revenue and net income of $0.37/share. The Bank provides banking and other financial services, including commercial and industrial loans, real estate loans, construction loans, consumer loans and agriculture loans across its targeted Colorado markets to consumers and small to medium-sized businesses, including the owners and employees of those businesses.
Horizon Bancorp (IN) was upgraded to “outperform” by analysts at FIG Partners.
About 32,778 shares traded hands. Finally, Norges Bank purchased a new stake in Fifth Third Bancorp during the fourth quarter valued at about $192,634,000. On Jun 6, 2016, Citigroup said it Maintains its rating on Fifth Third Bancorp.
When it comes to earning per share the company is at 20.70% for the year with a projected 3.63% earning per share for the next year. Earnings per share were $0.43. A EVP & Chief Risk & Credit Off at Fifth Third Bancorp (FITB) sold shares in the company in a transaction completed on Tuesday November 24, 2015. Investors of record on Thursday, June 30th will be paid a dividend of $0.13 per share.
The dividend yield for the company is hovering around 2.91% while the pay out ratio is now at 25.80%. The ex-dividend date is Tuesday, June 28th. The share price of $17.94 is at a distance of 31.67 percent from its 52-week low and down -15.8 percent versus its peak. On average, analysts anticipate that Fifth Third Bancorp will post $1.55 EPS for the current year. Nineteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. U.S. Bancorp has a consensus rating of “Hold” and a consensus target price of $46.00.
First South Bancorp Inc (NASDAQ:FSBK) diluted EPS from parent firm came at $0.4908 for the year ended 2015-12-31. Through the Bank, the Company operates a commercial banking business.