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Posted: 11:06 a.m. Friday, Aug. 31, 2012

Fifth Third stock trades highest in a year

Fifth Third Bancorp’s stock traded for its highest price in a year Thursday, hitting $15.17 per share before closing Thursday at $15.08 a share.

As of 10 a.m. Friday morning, the stock was trading at $15.16 per share, according to prices listed on Yahoo! Finance.

Cincinnati-based Fifth Third is the Dayton area’s largest bank by deposits.

The company said Thursday it received the highest score for Fannie Mae servicers for its foreclosure prevention efforts.

On Aug. 21, the bank said it plans to do a stock buyback and consider a dividend increase after receiving approval for its capital plan from the Board of Governors of the Federal Reserve System.

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