DA Davidson Brokers Reduce Earnings Estimates for FITB

Key Points

• DA Davidson has reduced its Q3 2025 earnings estimates for Fifth Third Bancorp from $0.94 to $0.88 per share, while maintaining a "Strong-Buy" rating with a $47.00 target price.
• The company recently declared a quarterly dividend of $0.40 per share, increasing from the previous $0.37, reflecting a dividend yield of 3.5%.
• Fifth Third Bancorp's stock has received multiple price target increases from various analysts, with estimates ranging from $48.00 to $52.00, indicating positive sentiment in the market.

Fifth Third Bancorp (NASDAQ:FITB - Free Report) - Investment analysts at DA Davidson reduced their Q3 2025 earnings estimates for shares of Fifth Third Bancorp in a note issued to investors on Friday, September 26th. DA Davidson analyst P. Winter now expects that the financial services provider will post earnings per share of $0.88 for the quarter, down from their previous forecast of $0.94. DA Davidson currently has a "Strong-Buy" rating and a $47.00 target price on the stock. The consensus estimate for Fifth Third Bancorp's current full-year earnings is $3.68 per share. DA Davidson also issued estimates for Fifth Third Bancorp's FY2025 earnings at $3.53 EPS.

Other analysts also recently issued reports about the stock. Wells Fargo & Company lifted their price target on shares of Fifth Third Bancorp from $48.00 to $52.00 and gave the company an "overweight" rating in a report on Tuesday, June 10th. Piper Sandler lifted their price target on shares of Fifth Third Bancorp from $48.00 to $50.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. Truist Financial lifted their price target on shares of Fifth Third Bancorp from $48.00 to $52.00 and gave the company a "buy" rating in a report on Friday, September 12th. Finally, Citigroup lifted their price target on shares of Fifth Third Bancorp from $47.00 to $50.00 and gave the company a "neutral" rating in a report on Tuesday, September 23rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Fifth Third Bancorp presently has a consensus rating of "Moderate Buy" and an average price target of $48.60.

Fifth Third Bancorp Stock Up 0.3%

Shares of FITB stock opened at $45.43 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market capitalization of $30.07 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 1.45 and a beta of 0.93. The company's fifty day moving average price is $43.92 and its 200-day moving average price is $40.42. Fifth Third Bancorp has a one year low of $32.25 and a one year high of $49.07.

Fifth Third Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Fifth Third Bancorp's previous quarterly dividend of $0.37. Fifth Third Bancorp's dividend payout ratio is presently 45.96%.

Fifth Third Bancorp announced that its board has authorized a stock repurchase program on Monday, June 16th that authorizes the company to buyback 100,000,000 outstanding shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

Hedge Funds Weigh In On Fifth Third Bancorp

Large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Fifth Third Bancorp by 47.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 212,364 shares of the financial services provider's stock valued at $8,979,000 after purchasing an additional 67,956 shares in the last quarter. GAMMA Investing LLC grew its position in Fifth Third Bancorp by 4,271.4% during the 1st quarter. GAMMA Investing LLC now owns 1,203,362 shares of the financial services provider's stock worth $47,172,000 after purchasing an additional 1,175,834 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in Fifth Third Bancorp by 15.0% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 7,641 shares of the financial services provider's stock worth $300,000 after purchasing an additional 999 shares during the last quarter. Rhumbline Advisers grew its position in Fifth Third Bancorp by 7.7% during the 1st quarter. Rhumbline Advisers now owns 1,400,065 shares of the financial services provider's stock worth $54,882,000 after purchasing an additional 99,901 shares during the last quarter. Finally, Czech National Bank grew its position in Fifth Third Bancorp by 5.8% during the 1st quarter. Czech National Bank now owns 153,855 shares of the financial services provider's stock worth $6,031,000 after purchasing an additional 8,468 shares during the last quarter. 83.79% of the stock is owned by hedge funds and other institutional investors.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.

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