Fifth Third Bancorp
NASDAQ:FITB
During the last 3 months Fifth Third Bancorp insiders have not bought any shares, and sold 2.4m USD worth of shares. The stock price has dropped by 20% over this period (open performance analysis).
The last transaction was made on
Feb 20, 2025
by
Gibson Kala
(Chief Risk Officer)
, who
sold
392.7k USD
worth of FITB shares.
During the last 3 months Fifth Third Bancorp insiders have not bought any shares, and sold 2.4m USD worth of shares. The stock price has dropped by 20% over this period (open performance analysis).
The last transaction was made on
Feb 20, 2025
by
Gibson Kala
(Chief Risk Officer)
, who
sold
392.7k USD
worth of FITB shares.
Fifth Third Bancorp
Glance View
Founded in the bustling city of Cincinnati in 1858, Fifth Third Bancorp has evolved from its humble beginnings into a comprehensive financial services behemoth. Its name, a quirky legacy of a 1908 merger between Third National Bank and Fifth National Bank, belies the strategic powerhouse it represents today in the Midwest United States. Fifth Third Bancorp operates primarily through its subsidiary, Fifth Third Bank, which provides a wide array of financial products and services. Whether it is personal banking, small business finance, or corporate and investment services, it caters to a diverse clientele, encompassing individuals and businesses alike. Its operations are segmented into commercial banking, branch banking, and wealth and asset management, each tailored to deliver targeted financial solutions. The economic engine of Fifth Third Bancorp runs on the dual axes of interest income and non-interest income. The bank earns interest by lending money to customers—ranging from personal loans and mortgages to commercial credits—and benefits from the spread between the interest it receives and the interest it pays on deposits. Beyond interest, a crucial part of its profitability stems from fee-based services, including investment advisory, asset management, and transaction processing. By leveraging this balanced approach, Fifth Third Bancorp not only manages inherent financial risks but also fortifies its competitive position in the banking landscape. Its continuous focus on technological innovation and customer satisfaction has become a cornerstone strategy, pivotal in navigating the evolving needs of its clientele and adapting to the dynamic financial environment.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
You don't have any saved screeners yet