Fifth Third Bancorp is a bank holding company. Through its subsidiaries, Co. provides a range of financial products and services to the commercial, financial, retail, governmental, educational, energy and healthcare sectors. This includes a range of checking, savings and money market accounts, wealth management solutions, payments and commerce solutions, insurance services and credit products such as commercial loans and leases, mortgage loans, credit cards, installment loans and auto loans. These products and services are delivered through a variety of channels including Co.'s banking centers, other offices, telephone sales, the internet and mobile applications. We show 57 historical shares outstanding datapoints in our FITB shares outstanding history coverage, used to compute FITB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Fifth Third Bancorp market cap history over the course of time is important for investors
interested in comparing Fifth Third Bancorp's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Fifth Third Bancorp versus a peer is one thing; comparing
Fifth Third Bancorp market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Fifth Third Bancorp can fluctuate over the course of history.
With this page we aim to empower investors researching Fifth Third Bancorp by allowing them to research the Fifth Third Bancorp market cap history. |
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Video: The Importance of Market Cap
