Fifth Third Bancorp Company Profile (NASDAQ:FITB)

About Fifth Third Bancorp (FITB)

Fifth Third Bancorp logoFifth Third Bancorp is a bank holding company and a financial holding company. The Company conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries from banking centers located throughout the Midwestern and Southeastern regions of the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Wealth and Asset Management. It diversifies its loan and lease portfolio by offering a range of loan and lease products with various payment terms and rate structures. It offers commercial and industrial loans, commercial mortgage loans, commercial construction loans, commercial leases, residential mortgage loans, home equity, automobile loans, credit card, and other consumer loans and leases. It offers various types of deposits, such as demand deposits, interest checking deposits, savings deposits, money market deposits and transaction deposits.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: FITB
  • CUSIP: 31677310
Key Metrics:
  • Previous Close: $24.91
  • 50 Day Moving Average: $26.93
  • 200 Day Moving Average: $24.64
  • 52-Week Range: $16.02 - $28.97
  • Trailing P/E Ratio: 12.87
  • Foreward P/E Ratio: 12.42
  • P/E Growth: 2.95
  • Market Cap: $18.65B
  • Outstanding Shares: 750,864,000
  • Beta: 1.29
  • Net Margins: 22.53%
  • Return on Equity: 10.15%
  • Return on Assets: 1.08%
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.88%

Analyst Ratings

Consensus Ratings for Fifth Third Bancorp (NASDAQ:FITB) (?)
Ratings Breakdown: 4 Sell Ratings, 20 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.92)
Consensus Price Target: $22.26 (10.39% downside)

Analysts' Ratings History for Fifth Third Bancorp (NASDAQ:FITB)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/20/2017Hilliard LyonsUpgradeUnderperform -> Neutral$27.00LowView Rating Details
3/7/2017Rafferty Capital MarketsDowngradeBuy -> HoldN/AView Rating Details
3/3/2017Evercore ISIDowngradeHold -> UnderperformN/AView Rating Details
1/24/2017Oppenheimer Holdings Inc.Reiterated RatingHoldN/AView Rating Details
1/25/2017MacquarieDowngradeOutperform -> Neutral$28.00N/AView Rating Details
1/25/2017WedbushLower Price TargetNeutral$27.00 -> $26.00N/AView Rating Details
1/3/2017Barclays PLCReiterated RatingEqual Weight$22.00 -> $29.00N/AView Rating Details
12/4/2016Sanford C. BernsteinDowngradeOutperform -> Market PerformN/AView Rating Details
11/30/2016Deutsche Bank AGBoost Price TargetHold$21.00 -> $24.00N/AView Rating Details
11/18/2016Compass PointDowngradeBuy -> NeutralN/AView Rating Details
11/16/2016Robert W. BairdDowngradeNeutral -> Underperform$19.00 -> $21.00N/AView Rating Details
10/24/2016Jefferies Group LLCReiterated RatingHoldN/AView Rating Details
10/10/2016NomuraDowngradeNeutral -> ReduceN/AView Rating Details
10/5/2016StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
10/3/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$20.50 -> $21.00N/AView Rating Details
7/29/2016FBR & CoReiterated RatingHold$20.00N/AView Rating Details
7/12/2016Credit Suisse Group AGReiterated RatingSellN/AView Rating Details
7/9/2016Wells Fargo & CoReiterated RatingHoldN/AView Rating Details
7/6/2016BMO Capital MarketsReiterated RatingMarket Perform$20.00 -> $19.00N/AView Rating Details
7/5/2016Morgan StanleyDowngradeOverweight -> Equal Weight$21.00 -> $20.00N/AView Rating Details
6/7/2016Susquehanna Bancshares IncDowngradePositive -> Neutral$20.00N/AView Rating Details
6/6/2016Citigroup IncBoost Price TargetNeutral$19.00 -> $20.00N/AView Rating Details
5/16/2016FIG PartnersInitiated CoverageOutperform$20.25N/AView Rating Details
4/22/2016Royal Bank of CanadaBoost Price TargetOutperform$20.00 -> $22.00N/AView Rating Details
4/7/2016JPMorgan Chase & Co.Lower Price TargetNeutral$19.50 -> $19.00N/AView Rating Details
4/6/2016Sterne Agee CRTDowngradeBuy -> Neutral$20.00 -> $18.00N/AView Rating Details
1/25/2016Piper Jaffray CompaniesReiterated RatingNeutral$22.00 -> $19.50N/AView Rating Details
1/4/2016Sandler O'NeillDowngradeBuy -> Hold$22.00N/AView Rating Details
10/23/2015SunTrust Banks, Inc.Lower Price Target$22.00 -> $20.00N/AView Rating Details
10/21/2015GuggenheimDowngradeBuy -> NeutralN/AView Rating Details
10/14/2015Janney Montgomery ScottLower Price TargetBuy$24.00 -> $23.00N/AView Rating Details
10/2/2015Goldman Sachs Group IncDowngradeBuy -> Neutral$22.50 -> $21.00N/AView Rating Details
4/9/2015Evercore Partners Inc.Initiated CoverageBuy$22.00N/AView Rating Details
(Data available from 3/23/2015 forward)


Earnings History for Fifth Third Bancorp (NASDAQ:FITB)
Earnings by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
Earnings History by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/24/2017Q416$0.43$0.48$1.53 billionViewListenView Earnings Details
10/20/2016Q316$0.41$0.65$1.58 billionViewListenView Earnings Details
7/28/2016Q216$0.38$0.41$1.52 billionViewListenView Earnings Details
4/21/2016Q116$0.34$0.37$1.47 billionViewListenView Earnings Details
1/21/2016Q415$0.40$0.41$1.56 billionViewListenView Earnings Details
10/20/2015Q315$0.40$0.45$1.51 billionViewListenView Earnings Details
7/21/2015Q215$0.36$0.36$1.47 billion$1.45 billionViewListenView Earnings Details
4/21/2015Q115$0.37$0.37$1.45 billion$1.51 billionViewListenView Earnings Details
1/21/2015Q414$0.43$0.43$1.51 billionViewListenView Earnings Details
10/16/2014Q314$0.44$0.39$1.52 billion$1.43 billionViewListenView Earnings Details
7/17/2014Q214$0.43$0.49$1.54 billion$1.64 billionViewListenView Earnings Details
4/17/2014Q114$0.41$0.36$1.51 billionViewListenView Earnings Details
1/23/2014Q413$0.42$0.43$1.52 billionViewListenView Earnings Details
10/17/2013Q313$0.42$0.41$1.54 billionViewListenView Earnings Details
7/18/2013Q2 2013$0.45$0.49$1.60 billionViewListenView Earnings Details
4/18/2013Q1 2013$0.39$0.44$1.60 billionViewListenView Earnings Details
1/17/2013Q4 2012$0.42$0.43$1.64 billionViewListenView Earnings Details
10/18/2012$0.38$0.38ViewN/AView Earnings Details
7/19/2012$0.35$0.40ViewN/AView Earnings Details
4/19/2012$0.36$0.45ViewN/AView Earnings Details
1/20/2012$0.36$0.33ViewN/AView Earnings Details
10/20/2011$0.33$0.35ViewN/AView Earnings Details
7/21/2011$0.27$0.35ViewN/AView Earnings Details
4/21/2011$0.26$0.27ViewN/AView Earnings Details
1/19/2011$0.24$0.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Fifth Third Bancorp (NASDAQ:FITB)
Current Year EPS Consensus Estimate: $1.78 EPS
Next Year EPS Consensus Estimate: $2.00 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.32$0.39$0.35
Q2 20166$0.35$0.40$0.38
Q3 20165$0.39$0.42$0.40
Q4 20166$0.39$0.45$0.42
Q1 20176$0.36$0.45$0.39
Q2 20176$0.41$0.46$0.42
Q3 20176$0.44$0.48$0.46
Q4 20176$0.44$0.50$0.47
Q1 20181$0.49$0.49$0.49
Q2 20181$0.52$0.52$0.52
Q3 20181$0.56$0.56$0.56
(Data provided by Zacks Investment Research)


Current Dividend Information for Fifth Third Bancorp (NASDAQ:FITB)
Next Dividend:4/17/2017
Annual Dividend:$0.56
Dividend Yield:2.25%
Payout Ratio:28.87% (Trailing 12 Months of Earnings)
31.46% (Based on This Year's Estimates)
28.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fifth Third Bancorp (NASDAQ:FITB)

Dividend History by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Fifth Third Bancorp (NASDAQ:FITB)
Insider Ownership Percentage: 0.99%
Institutional Ownership Percentage: 81.97%
Insider Trades by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
Institutional Ownership by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
Insider Trades by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/24/2015Frank R. ForrestEVPSell6,702$20.46$137,122.92View SEC Filing  
8/21/2015James C LeonardSVPSell11,803$20.20$238,420.60View SEC Filing  
8/17/2015Jewell D HooverDirectorSell1,420$21.06$29,905.20View SEC Filing  
4/29/2015Gregory KoschEVPSell35,000$20.07$702,450.00View SEC Filing  
2/27/2015Greg D CarmichaelCOOSell14,835$19.47$288,837.45View SEC Filing  
11/17/2014Robert A SullivanEVPSell26,213$20.11$527,143.43View SEC Filing  
5/27/2014Teresa J TannerEVPSell15,949$20.74$330,782.26View SEC Filing  
5/9/2014Jewell HooverDirectorSell1,350$20.50$27,675.00View SEC Filing  
5/7/2014Emerson BrumbackDirectorSell1,780$20.43$36,365.40View SEC Filing  
4/24/2014Gregory KoschEVPSell7,100$20.99$149,029.00View SEC Filing  
4/23/2014Greg CarmichaelCOOSell37,294$21.04$784,665.76View SEC Filing  
4/22/2014Greg CarmichaelCOOSell30,000$20.82$624,600.00View SEC Filing  
4/21/2014Greg CarmichaelCOOSell10,000$20.84$208,400.00View SEC Filing  
2/21/2014Robert SullivanEVPSell25,000$21.34$533,500.00View SEC Filing  
1/31/2014Joseph RobinsonEVPSell8,500$20.98$178,330.00View SEC Filing  
1/27/2014Steven AlonsoEVPSell12,349$21.25$262,416.25View SEC Filing  
12/6/2013John Schiff, Jr.DirectorBuy5,000$20.17$100,850.00View SEC Filing  
5/22/2013John J Schiff JrDirectorBuy40,000$18.35$734,000.00View SEC Filing  
5/14/2013Mitchel D LivingstonDirectorSell10,000$17.91$179,100.00View SEC Filing  
8/7/2012John J Schiff JrDirectorBuy10,000$14.31$143,100.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Fifth Third Bancorp (NASDAQ:FITB)
Latest Headlines for Fifth Third Bancorp (NASDAQ:FITB)
News IconFifth Third Bancorp (FITB) Receives Average Recommendation of "Hold" from Brokerages (NASDAQ:FITB) - March 23 at 11:08 AM logoFifth Third Bank’s Express Banking Reaches the Underbanked (NASDAQ:FITB) - March 22 at 5:23 PM logoFifth Third Bancorp: Is It a Good Stock for Value Investors? (NASDAQ:FITB) - March 20 at 7:28 PM
News IconFifth Third Bancorp (FITB) Upgraded by Hilliard Lyons to Neutral (NASDAQ:FITB) - March 20 at 12:43 PM logoFifth Third Bancorp (FITB) Ups Prime Rate to 4% - (NASDAQ:FITB) - March 17 at 10:33 PM logoFifth Third Bancorp to Announce First Quarter 2017 Results, Host Conference Call on April 25, 2017 at 9:00 AM (NASDAQ:FITB) - March 16 at 6:31 PM logoFifth Third Bancorp (FITB) Ups Prime Rate to 4% (NASDAQ:FITB) - March 15 at 10:33 PM logoFifth Third Bancorp Increases Its Prime Rate to 4 Percent (NASDAQ:FITB) - March 15 at 5:33 PM logoFifth Third Bancorp (FITB) Presents At Barclays Capital Emerging Payments Forum (NASDAQ:FITB) - March 14 at 4:32 PM logoFifth Third is one of the nation's top stocks since bull market began (NASDAQ:FITB) - March 14 at 4:32 PM logoHere's how much Fifth Third gained from its profit improvement program so far (NASDAQ:FITB) - March 14 at 4:32 PM logoFifth Third CEO gets a big pay hike (NASDAQ:FITB) - March 13 at 5:15 PM logoHere’s how much Fifth Third Bank paid its 6 highest-paid executives (NASDAQ:FITB) - March 13 at 5:15 PM logoFifth Third Bancorp to Redeem its 1.35% Fixed Senior Notes (NASDAQ:FITB) - March 13 at 11:41 AM
News IconFifth Third Bancorp (FITB) Upgraded by Zacks Investment Research to “Buy” (NASDAQ:FITB) - March 12 at 4:30 PM logoP&G among biggest beneficiaries of tax breaks; here's how other Cincinnati companies fared (NASDAQ:FITB) - March 10 at 11:17 AM logoFifth Third Bancorp (FITB) (NASDAQ:FITB) - March 9 at 10:42 PM logoFifth Third wins $4 million judgment (NASDAQ:FITB) - March 9 at 5:41 PM logoFifth Third Bancorp Announces Redemption of Senior Bank Notes due June 1, 2017 (NASDAQ:FITB) - March 9 at 5:41 PM logoFifth Third Bancorp to Attend the Barclays Emerging Payments Forum (NASDAQ:FITB) - March 9 at 5:41 PM
News IconRecent Research Analysts’ Ratings Changes for Fifth Third Bancorp (FITB) (NASDAQ:FITB) - March 8 at 10:47 AM logoFifth Third Bancorp (FITB) Presents At RBC Capital Markets Financial Institutions Conference (NASDAQ:FITB) - March 7 at 5:01 PM logoFIFTH THIRD BANCORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:FITB) - March 7 at 11:37 AM logoFifth Third Bancorp (FITB) Shares Cross 2% Yield Mark (NASDAQ:FITB) - March 2 at 5:28 PM logoFIFTH THIRD BANCORP Financials (NASDAQ:FITB) - March 2 at 5:28 PM logoFifth Third adds a new member to its C-suite (NASDAQ:FITB) - March 1 at 4:54 PM logoFifth Third Bancorp (FITB) Declares $0.14 Quarterly Dividend; 2% Yield (NASDAQ:FITB) - March 1 at 12:30 PM logoFifth Third Bank Boosts Commercial Equipment Financing Support Across the Country (NASDAQ:FITB) - March 1 at 12:30 PM logoFifth Third on the hunt for insurance agencies (NASDAQ:FITB) - February 28 at 5:22 PM logoFifth Third Bancorp Announces Cash Dividends (NASDAQ:FITB) - February 28 at 5:21 PM logoFifth Third Bancorp to Attend the 2017 RBC Capital Markets Financial Institutions Conference (NASDAQ:FITB) - February 28 at 5:21 PM logoRobert Shaffer Named Fifth Third Bancorp's Chief Human Resources Officer (NASDAQ:FITB) - February 28 at 5:21 PM logoFifth Third Bancorp (FITB) Strong Open After Announcing RG McGraw Acquisition - (NASDAQ:FITB) - February 28 at 8:32 AM logoFifth Third Bancorp (FITB) Strong Open After Announcing R.G. McGraw Acquisition (NASDAQ:FITB) - February 27 at 7:18 PM logoFifth Third buys one of Cincinnati’s biggest agencies in first insurance acquisition (NASDAQ:FITB) - February 27 at 7:18 PM logo9:24 am Fifth Third to acquire R.G. McGraw Insurance Agency; terms not disclosed (NASDAQ:FITB) - February 27 at 7:18 PM logoFIFTH THIRD BANCORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:FITB) - February 27 at 7:18 PM logoFIFTH THIRD BANCORP Files SEC form 10-K, Annual Report (NASDAQ:FITB) - February 24 at 6:30 PM logoM&T Bank (MTB) Hikes Dividend: Should You Buy the Stock? (NASDAQ:FITB) - February 24 at 6:30 PM


Frequently Asked Questions for Fifth Third Bancorp (NASDAQ:FITB)

What is Fifth Third Bancorp's stock symbol?

Fifth Third Bancorp trades on the NASDAQ under the ticker symbol "FITB."

How often does Fifth Third Bancorp pay dividends? What is the dividend yield for Fifth Third Bancorp?

Fifth Third Bancorp declared a quarterly dividend on Tuesday, February 28th. Investors of record on Friday, March 31st will be given a dividend of $0.14 per share on Monday, April 17th. This represents a $0.56 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Wednesday, March 29th.

How were Fifth Third Bancorp's earnings last quarter?

Fifth Third Bancorp (NASDAQ:FITB) posted its quarterly earnings results on Tuesday, January, 24th. The company reported $0.48 EPS for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.05. Fifth Third Bancorp had a return on equity of 10.15% and a net margin of 22.53%. During the same period last year, the company posted $0.79 EPS.

When will Fifth Third Bancorp make its next earnings announcement?

Fifth Third Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

Where is Fifth Third Bancorp's stock going? Where will Fifth Third Bancorp's stock price be in 2017?

26 equities research analysts have issued 12-month price targets for Fifth Third Bancorp's stock. Their predictions range from $18.00 to $29.00. On average, they anticipate Fifth Third Bancorp's share price to reach $22.26 in the next year.

What are analysts saying about Fifth Third Bancorp stock?

Here are some recent quotes from research analysts about Fifth Third Bancorp stock:

  • 1. According to Zacks Investment Research, "Fifth Third’s shares have outperformed the Zacks categorized Regional Banks-Major industry over the last six months. We remain encouraged by the company’s ongoing strategic efforts, such as Project North Star, which are likely to boost its efficiency and revenue in the long run. Further, in Dec 2016, the company increased its quarterly dividend by nearly 8%, boosting shareholders’ wealth. Though the company’s branch digitization initiative and legal costs continue leading to an increase in expenses, margin pressure seems to be easing gradually given the recent Fed interest rate hike and improving economic backdrop." (2/28/2017)
  • 2. FBR & Co analysts commented, "On July 28, Fifth Third Bancorp reported 2Q16 GAAP EPS of $0.40. Excluding non- core items, we estimate that operating EPS were $0.41, which beat both consensus and FBR estimates. The company also gave an updated 2016 outlook that was marginally more negative than the outlook given in the previous quarter but did include modestly improved non-interest expense and fee income guidance. Fifth Third is clearly positioning itself well for the long term by investing in its risk and compliance infrastructure, restructuring the loan portfolio, and building out its fee income platform, and we could potentially become more positive upon these initiatives yielding stronger revenues. However, we maintain a more balanced view for the time being while low interest rates and continued spending are expected to weigh on EPS growth and ROEs. With that in mind, we reiterate our Market Perform rating and $20 price target." (7/29/2016)

Who owns Fifth Third Bancorp stock?

Fifth Third Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (5.72%), Dimensional Fund Advisors LP (1.33%), Barrow Hanley Mewhinney & Strauss LLC (1.28%), Artisan Partners Limited Partnership (0.84%), Norges Bank (0.80%) and Russell Investments Group Ltd. (0.71%). Company insiders that own Fifth Third Bancorp stock include Frank R Forrest, Gregory Kosch, James C Leonard and Jewell D Hoover.

Who sold Fifth Third Bancorp stock? Who is selling Fifth Third Bancorp stock?

Fifth Third Bancorp's stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Barrow Hanley Mewhinney & Strauss LLC, Artisan Partners Limited Partnership, Hotchkis & Wiley Capital Management LLC, FMR LLC, Tudor Investment Corp Et Al, Prudential PLC and Endeavour Capital Advisors Inc..

Who bought Fifth Third Bancorp stock? Who is buying Fifth Third Bancorp stock?

Fifth Third Bancorp's stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Russell Investments Group Ltd., State Street Corp, Eton Park Capital Management L.P., AQR Capital Management LLC, William Blair Investment Management LLC, Asset Management One Co. Ltd. and Artemis Investment Management LLP.

How do I buy Fifth Third Bancorp stock?

Shares of Fifth Third Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Fifth Third Bancorp stock cost?

One share of Fifth Third Bancorp stock can currently be purchased for approximately $24.84.

Fifth Third Bancorp (FITB) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by Staff