FITB-P-M: FIFTH THIRD BANCORP 6.875% Series M Preferred Stock
FIFTH THIRD BANCORP's FITB-P-M is an exchange-traded preferred stock in the Banks sector.
At a recent price of $25.96, FITB-P-M yields 6.62% on its $25 liquidation preference and 6.875% coupon.
It trades at a premium of 3.8% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2030-10-01.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.