Fifth Third Bancorp (FITB) to Release Earnings on Thursday

Fifth Third Bancorp (NASDAQ:FITB - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Thursday, July 17th. Analysts expect Fifth Third Bancorp to post earnings of $0.88 per share and revenue of $2.22 billion for the quarter.

Fifth Third Bancorp (NASDAQ:FITB - Get Free Report) last released its quarterly earnings data on Thursday, April 17th. The financial services provider reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.03. Fifth Third Bancorp had a net margin of 17.65% and a return on equity of 13.64%. The firm had revenue of $2.14 billion during the quarter, compared to analysts' expectations of $2.17 billion. During the same period in the previous year, the business posted $0.70 earnings per share. On average, analysts expect Fifth Third Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Fifth Third Bancorp Stock Performance

FITB stock traded down $0.29 during midday trading on Friday, reaching $43.76. 4,001,802 shares of the company were exchanged, compared to its average volume of 4,578,753. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.81 and a quick ratio of 0.80. The business has a 50-day moving average price of $39.61 and a two-hundred day moving average price of $40.07. Fifth Third Bancorp has a one year low of $32.25 and a one year high of $49.07. The firm has a market capitalization of $29.21 billion, a price-to-earnings ratio of 13.89, a price-to-earnings-growth ratio of 1.51 and a beta of 0.91.

Fifth Third Bancorp declared that its board has approved a share buyback program on Monday, June 16th that authorizes the company to buyback 100,000,000 shares. This buyback authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Fifth Third Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.48 dividend on an annualized basis and a yield of 3.38%. Fifth Third Bancorp's dividend payout ratio (DPR) is 46.98%.

Analyst Upgrades and Downgrades

A number of research firms have commented on FITB. Keefe, Bruyette & Woods reduced their price objective on shares of Fifth Third Bancorp from $47.00 to $42.00 and set a "market perform" rating for the company in a research report on Monday, April 21st. Wells Fargo & Company lifted their target price on Fifth Third Bancorp from $48.00 to $52.00 and gave the stock an "overweight" rating in a report on Tuesday, June 10th. Citigroup dropped their target price on Fifth Third Bancorp from $52.00 to $43.00 and set a "neutral" rating for the company in a report on Monday, March 24th. JPMorgan Chase & Co. dropped their target price on Fifth Third Bancorp from $49.00 to $42.00 and set an "overweight" rating for the company in a report on Thursday, April 3rd. Finally, Robert W. Baird raised Fifth Third Bancorp from a "neutral" rating to an "outperform" rating and set a $47.00 target price for the company in a report on Monday, April 7th. One analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Fifth Third Bancorp currently has a consensus rating of "Moderate Buy" and a consensus price target of $47.53.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fifth Third Bancorp stock. Empowered Funds LLC grew its holdings in shares of Fifth Third Bancorp (NASDAQ:FITB - Free Report) by 7.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,864 shares of the financial services provider's stock after acquiring an additional 916 shares during the quarter. Empowered Funds LLC's holdings in Fifth Third Bancorp were worth $543,000 at the end of the most recent quarter. Institutional investors own 83.79% of the company's stock.

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.