FITB-P-I: FIFTH THIRD BANCORP 6.625% Series I Preferred Stock
FIFTH THIRD BANCORP's FITB-P-I is an exchange-traded preferred stock in the Banks sector.
At a recent price of $25.65, FITB-P-I yields 7.94% on its $25 liquidation preference and 6.625% coupon.
It trades at a premium of 2.6% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2023-12-31.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.