About Fifth Third Bancorp (FITB)
Fifth 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
- 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%
Companies Related to Fifth Third Bancorp:
Earnings History for Fifth Third Bancorp (NASDAQ:FITB)Earnings History by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/19/2017|| || || || || || || || |
|7/21/2015||Q215||$0.36||$0.36||$1.47 billion||$1.45 billion||View||Listen|
|4/21/2015||Q115||$0.37||$0.37||$1.45 billion||$1.51 billion||View||Listen|
|10/16/2014||Q314||$0.44||$0.39||$1.52 billion||$1.43 billion||View||Listen|
|7/17/2014||Q214||$0.43||$0.49||$1.54 billion||$1.64 billion||View||Listen|
|7/18/2013||Q2 2013||$0.45||$0.49||$1.60 billion||View||Listen|
|4/18/2013||Q1 2013||$0.39||$0.44||$1.60 billion||View||Listen|
|1/17/2013||Q4 2012||$0.42||$0.43||$1.64 billion||View||Listen|
Earnings Estimates for Fifth Third Bancorp (NASDAQ:FITB)
Current Year EPS Consensus Estimate: $1.78 EPS
Next Year EPS Consensus Estimate: $2.00 EPS
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Fifth Third Bancorp (NASDAQ:FITB)
|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 History by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Fifth Third Bancorp (NASDAQ:FITB)
Insider Ownership Percentage: 0.99%Insider Trades by Quarter for Fifth Third Bancorp (NASDAQ:FITB)
Institutional Ownership Percentage: 81.97%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/24/2015||Frank R. Forrest||EVP||Sell||6,702||$20.46||$137,122.92|| |
|8/21/2015||James C Leonard||SVP||Sell||11,803||$20.20||$238,420.60|| |
|8/17/2015||Jewell D Hoover||Director||Sell||1,420||$21.06||$29,905.20|| |
|4/29/2015||Gregory Kosch||EVP||Sell||35,000||$20.07||$702,450.00|| |
|2/27/2015||Greg D Carmichael||COO||Sell||14,835||$19.47||$288,837.45|| |
|11/17/2014||Robert A Sullivan||EVP||Sell||26,213||$20.11||$527,143.43|| |
|5/27/2014||Teresa J Tanner||EVP||Sell||15,949||$20.74||$330,782.26|| |
|5/9/2014||Jewell Hoover||Director||Sell||1,350||$20.50||$27,675.00|| |
|5/7/2014||Emerson Brumback||Director||Sell||1,780||$20.43||$36,365.40|| |
|4/24/2014||Gregory Kosch||EVP||Sell||7,100||$20.99||$149,029.00|| |
|4/23/2014||Greg Carmichael||COO||Sell||37,294||$21.04||$784,665.76|| |
|4/22/2014||Greg Carmichael||COO||Sell||30,000||$20.82||$624,600.00|| |
|4/21/2014||Greg Carmichael||COO||Sell||10,000||$20.84||$208,400.00|| |
|2/21/2014||Robert Sullivan||EVP||Sell||25,000||$21.34||$533,500.00|| |
|1/31/2014||Joseph Robinson||EVP||Sell||8,500||$20.98||$178,330.00|| |
|1/27/2014||Steven Alonso||EVP||Sell||12,349||$21.25||$262,416.25|| |
|12/6/2013||John Schiff, Jr.||Director||Buy||5,000||$20.17||$100,850.00|| |
|5/22/2013||John J Schiff Jr||Director||Buy||40,000||$18.35||$734,000.00|| |
|5/14/2013||Mitchel D Livingston||Director||Sell||10,000||$17.91||$179,100.00|| |
|8/7/2012||John J Schiff Jr||Director||Buy||10,000||$14.31||$143,100.00|| |
Headline Trends for Fifth Third Bancorp (NASDAQ:FITB)
Latest Headlines for Fifth Third Bancorp (NASDAQ:FITB)
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