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FITB-P-I: FIFTH THIRD BANCORP 6.625% Series I Preferred Stock

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FIFTH THIRD BANCORP's FITB-P-I is an exchange-traded preferred stock in the Banks sector. At a recent price of $25.52, FITB-P-I yields 8.13% on its $25 liquidation preference and 6.625% coupon. It trades at a premium of 2.1% 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.

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