5th Third Bancorp's Q1 shares increased by 24.7%, Norden Group acquired a new position, and Jefferies Financial Group raised its price target.

Fifth Third Bancorp (FITB) saw its shares increase by 24.7% in Q1, with Norden Group LLC acquiring a new position worth approximately $622k. The company reported EPS of $0.76, beating estimates by $0.05 and has a dividend yield of 3.89%. Institutional investors own 83.79% of Fifth Third Bank. Jefferies Financial Group raised its price target from $42.00 to $43.00, maintaining a buy rating.

July 07, 2024
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