Zacks Research Has Strong Forecast for FITB FY2025 Earnings

Fifth Third Bancorp (NASDAQ:FITB - Free Report) - Zacks Research raised their FY2025 earnings per share (EPS) estimates for shares of Fifth Third Bancorp in a research report issued to clients and investors on Thursday, August 7th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $3.50 per share for the year, up from their prior forecast of $3.49. The consensus estimate for Fifth Third Bancorp's current full-year earnings is $3.68 per share. Zacks Research also issued estimates for Fifth Third Bancorp's Q4 2025 earnings at $0.95 EPS, Q1 2026 earnings at $0.83 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $0.99 EPS, Q4 2026 earnings at $1.05 EPS, FY2026 earnings at $3.84 EPS and Q1 2027 earnings at $1.02 EPS.

A number of other equities research analysts have also recently issued reports on FITB. Wells Fargo & Company upped their price objective on Fifth Third Bancorp from $48.00 to $52.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 10th. Jefferies Financial Group initiated coverage on Fifth Third Bancorp in a research note on Wednesday, May 21st. They set a "buy" rating and a $47.00 price objective on the stock. TD Cowen initiated coverage on Fifth Third Bancorp in a research note on Thursday, May 15th. They set a "buy" rating and a $52.00 price objective on the stock. Cowen initiated coverage on Fifth Third Bancorp in a research note on Wednesday, May 14th. They set a "buy" rating on the stock. Finally, DA Davidson upgraded Fifth Third Bancorp from a "hold" rating to a "strong-buy" rating and upped their price objective for the stock from $42.00 to $47.00 in a research note on Monday, June 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Fifth Third Bancorp has a consensus rating of "Moderate Buy" and a consensus price target of $47.80.

Fifth Third Bancorp Stock Up 0.3%

Shares of Fifth Third Bancorp stock traded up $0.15 on Monday, reaching $43.13. 1,527,752 shares of the company were exchanged, compared to its average volume of 4,990,556. Fifth Third Bancorp has a one year low of $32.25 and a one year high of $49.07. The company has a market capitalization of $28.54 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 1.37 and a beta of 0.91. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.76. The company has a 50-day moving average of $41.49 and a 200 day moving average of $39.97.

Institutional Investors Weigh In On Fifth Third Bancorp

Several institutional investors have recently bought and sold shares of the stock. HWG Holdings LP purchased a new stake in Fifth Third Bancorp in the 1st quarter worth approximately $27,000. Banque Transatlantique SA purchased a new stake in Fifth Third Bancorp in the 1st quarter worth approximately $27,000. Activest Wealth Management lifted its holdings in Fifth Third Bancorp by 1,043.3% in the 2nd quarter. Activest Wealth Management now owns 686 shares of the financial services provider's stock worth $28,000 after buying an additional 626 shares during the period. Quarry LP purchased a new stake in Fifth Third Bancorp in the 4th quarter worth approximately $29,000. Finally, Larson Financial Group LLC lifted its holdings in Fifth Third Bancorp by 91.3% in the 1st quarter. Larson Financial Group LLC now owns 748 shares of the financial services provider's stock worth $29,000 after buying an additional 357 shares during the period. 83.79% of the stock is currently owned by hedge funds and other institutional investors.

Fifth Third Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a dividend of $0.37 per share. The ex-dividend date was Monday, June 30th. This represents a $1.48 annualized dividend and a yield of 3.4%. Fifth Third Bancorp's dividend payout ratio is currently 45.96%.

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

About Fifth Third Bancorp

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.