Fitb stock price remains sensitive to treasury yield

FITB stock price remains sensitive to treasury yield moves, with recent upticks in yields adding slight tailwinds. Higher yields support regional banks’ interest income, potentially lifting valuations. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout. Fifth Third Bancorp declared that its board has initiated a stock buyback plan on Monday, June 16th that allows the company to buyback 100,000,000 shares. This buyback authorization allows the financial services provider to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued. Institutional Inflows and Outflows Regional Bank Buybacks: 5 Institutions Making Big Moves Several institutional investors and hedge funds have recently bought and sold shares of the stock. Merit Financial Group LLC grew its stake in Fifth Third Bancorp by 25.3% in the 1st quarter. Merit Financial Group LLC now owns 20,595 shares of the financial services provider's stock valued at $807,000 after purchasing an additional 4,155 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Fifth Third Bancorp by 9.6% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 12,502 shares of the financial services provider's stock valued at $490,000 after purchasing an additional 1,098 shares in the last quarter. Breakwater Capital Group lifted its stake in Fifth Third Bancorp by 7.3% during the first quarter. Breakwater Capital Group now owns 9,733 shares of the financial services provider's stock worth $382,000 after purchasing an additional 658 shares during the last quarter. Kapstone Financial Advisors LLC grew its position in Fifth Third Bancorp by 148.3% during the first quarter. Kapstone Financial Advisors LLC now owns 15,068 shares of the financial services provider's stock valued at $591,000 after acquiring an additional 9,000 shares during the last quarter. Finally, Gateway Investment Advisers LLC boosted its stake in shares of Fifth Third Bancorp by 18.2% in the 1st quarter. Gateway Investment Advisers LLC now owns 166,588 shares of the financial services provider's stock valued at $6,530,000 after purchasing an additional 25,622 shares in the last quarter. 83.79% of the stock is owned by institutional investors. About Fifth Third Bancorp ( Get Free Report ) Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. See Also Five stocks we like better than Fifth Third Bancorp How Can Retail Investors Trade the Toronto Stock Exchange (TSX)? Why GlobalFoundries Just Became a Geopolitical Power Play Investing in the High PE Growth Stocks 3 Stocks Using Buybacks to Drive Sustainable Price Growth Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? Why These 3 Tech Stocks Deserve Your Attention in Q4 This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Fifth Third Bancorp Right Now? Before you consider Fifth Third Bancorp, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fifth Third Bancorp wasn't on the list. While Fifth Third Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Analysts Agree—These Gold Picks Outshine the Rest Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions. Get This Free Report With FITB stock price stabilizing above $35, traders are eyeing upcoming Federal Reserve rate decisions as a key driver. Higher rates tend to boost regional bank earnings, potentially making FITB an attractive mid-cap bank play.