Shares of Fifth Third Bancorp ( FITB) of Cincinnati closed at $13.99 Friday, returning 11% year-to-date, following an 11% decline during 2011. Based on an eight-cent quarterly payout, the shares have a dividend yield of 2.29%.
Regional banks may get the urge to merge if Congress relaxes some regulations this year.
Congress will seek to wipe out or make changes to the Dodd-Frank Act in small chunks, with a focus first on providing relief for mid-sized regional institutions.
Here are Tuesday's top research calls, including an upgrade for Western Digital and new coverage for Ciena, Salesforce and Square.
President-elect Donald Trump has nominated ex-Goldman Sachs partner Steve Mnuchin as Treasury Secretary -- the latest in an emerging list of divisive administration picks.