Huntington boosts earnings, buoyed by strong growth in auto lending [Yahoo! Finance]
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: Yahoo! Finance
Indirect auto loan originations — where banks offer loans indirectly to car buyers, with auto dealers acting as intermediaries — reached $2.1 billion for the quarter, up 31% from the three-month period ending March 31. Huntington's growth comes as a number of competitors, including Toronto-based BMO Financial Group, Fifth Third Bancorp in Cincinnati and Citizens Financial Group in Providence, Rhode Island, have scaled back their involvement or pulled out of the market altogether. The $196.3 billion-asset Huntington has shown no reluctance to pick up the slack. "We see [indirect auto] as a terrific opportunity," Chairman and CEO Steve Steinour said Friday on a conference call with analysts. Auto lending is one of the Columbus, Ohio-based bank's oldest and most stalwart business lines. Indirect auto loans make up about 11% of Huntington's $124.4 billion loan portfolio. "It's a super-prime book with very low defaults," Steinour said on the conference call. Net charge-offs amou
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 Foundation Supports Communities Impacted by Hurricane Milton [Yahoo! Finance]Yahoo! Finance
- Fifth Third Foundation Supports Communities Impacted by Hurricane MiltonBusiness Wire
- Fifth Third Breaks Ground on Englewood Financial Center on the South Side of ChicagoBusiness Wire
- What Analyst Projections for Key Metrics Reveal About Fifth Third Bancorp (FITB) Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- High Expenses to Hurt Fifth Third's Q3 Earnings, Fee Income to Ail [Yahoo! Finance]Yahoo! Finance
FITB
Earnings
- 7/19/24 - Miss
FITB
Sec Filings
- 10/17/24 - Form 13F-HR
- 10/9/24 - Form 3
- 10/9/24 - Form 4
- FITB's page on the SEC website