Fifth Third Bancorp Depositary Shares 6.625% Fixed-to-Floating Rate Preferred Stock Series I

FITB.PRI

Market cap $457M

Fifth Third Bancorp (FITB) Q1 2026 Earnings Call Transcript

Fifth Third Bancorp (FITB) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript

Fifth Third Bancorp (FITB) Presents at Bank of America Financial Services Conference 2026 Transcript

During the fourth quarter and the full-year 2025, resource conversion activity was robust and largely positive. While we have only owned Harbour since the summer of 2024, it has been a very eventful holding period. During the quarter, long-time Fund holding Comerica became subject to activist shareholder pressure to maximize shareholder value through a sale process.

Fifth Third Bancorp (FITB) Q4 2025 Earnings Call Transcript

Fifth Third Bancorp (FITB) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript

Preferred shares offer compelling risk-adjusted returns amid overvalued equities, volatile markets, and unattractive fixed income alternatives. Key picks—PLDGP, MAA/PI, FITBI, LNC/PD, ET/PI—provide 7.25%+ yields, investment-grade issuers, and sector diversification. Preferreds present lower volatility, higher yields, and safer dividends versus common equity, with minimal call risk and favorable interest rate dynamics.