Fifth Third Bancorp Company Profile (NASDAQ:FITB)

About Fifth Third Bancorp

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. The Company operates through four segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. 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. The Company offers various types of deposits, such as demand deposits, interest checking deposits, savings deposits, money market deposits, transaction deposits and other time 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: $27.32
  • 50 Day Moving Average: $26.77
  • 200 Day Moving Average: $23.64
  • 52-Week Range: $750,479,000.00 - $15.20
  • Trailing P/E Ratio: 14.16
  • Foreward P/E Ratio: 13.66
  • P/E Growth: 3.22
  • Market Cap: $20.50B
  • Outstanding Shares: 750,479,000
  • Beta: 1.29
Profitability:
  • Net Margins: 22.53%
  • Return on Equity: 10.15%
  • Return on Assets: 1.08%
Debt:
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.88%
Additional Links:
Companies Related to Fifth Third Bancorp:

Analyst Ratings

Consensus Ratings for Fifth Third Bancorp (NASDAQ:FITB) (?)
Ratings Breakdown: 3 Sell Ratings, 20 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $21.98 (19.56% downside)

Analysts' Ratings History for Fifth Third Bancorp (NASDAQ:FITB)
Show:
DateFirmActionRatingPrice TargetDetails
1/24/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
1/25/2017Hilliard LyonsUpgradeUnderperform -> Neutral$26.00View Rating Details
1/25/2017MacquarieDowngradeOutperform -> Neutral$28.00View Rating Details
1/25/2017WedbushLower Price TargetNeutral$27.00 -> $26.00View Rating Details
1/3/2017Barclays PLCReiterated RatingEqual Weight$22.00 -> $29.00View Rating Details
12/4/2016Sanford C. BernsteinDowngradeOutperform -> Market PerformView Rating Details
11/30/2016Deutsche Bank AGBoost Price TargetHold$21.00 -> $24.00View Rating Details
11/18/2016Compass PointDowngradeBuy -> NeutralView Rating Details
11/16/2016Robert W. BairdDowngradeNeutral -> Underperform$19.00 -> $21.00View Rating Details
10/24/2016Jefferies Group LLCReiterated RatingHoldView Rating Details
10/10/2016NomuraDowngradeNeutral -> ReduceView Rating Details
10/5/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
10/3/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$20.50 -> $21.00View Rating Details
9/16/2016Rafferty Capital MarketsUpgradeHold -> Buy$24.00View Rating Details
7/29/2016FBR & CoReiterated RatingHold$20.00View Rating Details
7/15/2016Evercore ISIDowngradeHold$18.00View Rating Details
7/12/2016Credit Suisse GroupReiterated RatingSellView Rating Details
7/9/2016Wells Fargo & CoReiterated RatingHoldView Rating Details
7/6/2016BMO Capital MarketsReiterated RatingMarket Perform$20.00 -> $19.00View Rating Details
7/5/2016Morgan StanleyDowngradeOverweight -> Equal Weight$21.00 -> $20.00View Rating Details
6/7/2016Susquehanna Bancshares IncDowngradePositive -> Neutral$20.00View Rating Details
6/6/2016Citigroup Inc.Boost Price TargetNeutral$19.00 -> $20.00View Rating Details
5/16/2016FIG PartnersInitiated CoverageOutperform$20.25View Rating Details
4/22/2016Royal Bank of CanadaBoost Price TargetOutperform$20.00 -> $22.00View Rating Details
4/7/2016J P Morgan Chase & CoLower Price TargetNeutral$19.50 -> $19.00View Rating Details
4/6/2016Sterne Agee CRTDowngradeBuy -> Neutral$20.00 -> $18.00View Rating Details
1/25/2016Piper Jaffray CompaniesReiterated RatingNeutral$22.00 -> $19.50View Rating Details
1/4/2016Sandler O'NeillDowngradeBuy -> Hold$22.00View Rating Details
10/23/2015SunTrust Banks, Inc.Lower Price Target$22.00 -> $20.00View Rating Details
10/21/2015GuggenheimDowngradeBuy -> NeutralView Rating Details
10/14/2015Janney Montgomery ScottLower Price TargetBuy$24.00 -> $23.00View Rating Details
10/2/2015Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$22.50 -> $21.00View Rating Details
4/9/2015Evercore Partners Inc.Initiated CoverageBuy$22.00View Rating Details
3/3/2015KeyCorpInitiated CoverageNeutralView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Fifth Third Bancorp (NASDAQ:FITB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017        
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)

Estimates

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)

Dividends

Current Dividend Information for Fifth Third Bancorp (NASDAQ:FITB)
Annual Dividend:$0.56
Dividend Yield:2.05%
Payout Ratio:28.87% (Based on Trailing 12 Months of Earnings)
31.46% (Based on Current Year Consensus EPS Estimate)
28.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Fifth Third Bancorp (NASDAQ:FITB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/20/2016quarterly$0.142.02%12/28/201612/30/20161/17/2017
9/20/2016quarterly$0.132.51%9/28/20169/30/201610/17/2016
6/21/2016quarterly$0.132.82%6/28/20166/30/20167/15/2016
3/15/2016quarterly$0.133.09%3/29/20163/31/20164/21/2016
12/15/2015quarterly$0.132.5%12/29/201512/31/20151/21/2016
9/15/2015quarterly$0.132.59%9/28/20159/30/201510/20/2015
6/16/2015quarterly$0.132.48%6/26/20156/30/20157/21/2015
3/17/2015quarterly$0.132.7%3/27/20153/31/20154/21/2015
12/16/2014quarterly$0.132.65%12/29/201412/31/20141/21/2015
9/16/2014quarterly$0.132.51%9/26/20149/30/201410/16/2014
6/17/2014quarterly$0.132.42%6/26/20146/30/20147/17/2014
3/18/2014quarterly$0.122.1%3/27/20143/31/20144/17/2014
12/17/2013quarterly$0.122.32%12/27/201312/31/20131/23/2014
9/18/2013quarterly$0.122.59%9/26/20139/30/201310/17/2013
6/18/2013quarterly$0.122.65%6/26/20136/28/20137/18/2013
3/19/2013quarterly$0.112.66%3/26/20133/29/20134/18/2013
12/18/2012quarterly$0.102.68%12/27/201212/31/20121/17/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Fifth Third Bancorp (NASDAQ:FITB)
Insider Ownership Percentage: 0.99%
Institutional Ownership Percentage: 81.97%
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)

Headlines

Latest Headlines for Fifth Third Bancorp (NASDAQ:FITB)
DateHeadline
News IconFocusing the Lens on Fifth Third Bancorp (NASDAQ:FITB) Earnings & Projections - Winfield Review (NASDAQ:FITB)
winfieldreview.com - February 24 at 6:30 PM
News IconDigging Up the Facts on Fifth Third Bancorp (FITB) - StockNewsJournal (NASDAQ:FITB)
stocknewsjournal.com - February 24 at 6:30 PM
biz.yahoo.com logoFIFTH THIRD BANCORP Files SEC form 10-K, Annual Report (NASDAQ:FITB)
biz.yahoo.com - February 24 at 6:30 PM
finance.yahoo.com logoM&T Bank (MTB) Hikes Dividend: Should You Buy the Stock? (NASDAQ:FITB)
finance.yahoo.com - February 24 at 6:30 PM
News IconWhat Wall Street is saying about Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
brassale.net - February 24 at 11:16 AM
News IconFifth Third Bancorp (FITB) Stake Reduced by Public Sector Pension Investment Board (NASDAQ:FITB)
mundoaguaysaneamiento.net - February 23 at 10:15 PM
News IconThe Bears And Bulls Square Off On Fifth Third Bancorp (FITB) - NY Stock News (NASDAQ:FITB)
nystocknews.com - February 23 at 5:14 PM
News IconTechnicals in Focus for Fifth Third Bancorp (FITB) - The USA Commerce (NASDAQ:FITB)
theusacommerce.com - February 23 at 5:14 PM
News IconAnalyst's Predictions on Fifth Third Bancorp (FITB), Yum! Brands, Inc. (YUM) - StockNewsJournal (NASDAQ:FITB)
stocknewsjournal.com - February 23 at 5:14 PM
News IconForward Earnings Estimate of Fifth Third Bancorp(FITB) – Hignland ... - Highland Mirror (NASDAQ:FITB)
www.highlandmirror.com - February 23 at 5:14 PM
News IconAnalytical Guide for Time Warner Inc. (TWX), Fifth Third Bancorp (FITB) Stakeholders (NASDAQ:FITB)
mundoaguaysaneamiento.net - February 22 at 10:20 AM
capitalcube.com logoFifth Third Bancorp : FITB-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 21, 2017 (NASDAQ:FITB)
www.capitalcube.com - February 22 at 10:20 AM
News IconAnalytical Guide for Time Warner Inc. (TWX), Fifth Third Bancorp (FITB) Stakeholders - The USA Commerce (NASDAQ:FITB)
theusacommerce.com - February 20 at 11:13 AM
News IconFifth Third Bancorp (NASDAQ: FITB) - Analysis of a Large Market Cap Stock (NASDAQ:FITB)
latribunadecanarias.com - February 18 at 11:23 AM
News IconImpact of Brokerage Rating on Fifth Third Bancorp(FITB) - Highland Mirror (NASDAQ:FITB)
www.highlandmirror.com - February 17 at 3:46 PM
News IconHow Does the Chart Look for Fifth Third Bancorp (FITB) ? - The USA Commerce (NASDAQ:FITB)
theusacommerce.com - February 17 at 3:46 PM
News IconRevenue Approximations Analysis: Devon Energy Corporation (DVN), Fifth Third Bancorp (FITB) - StockNewsJournal (NASDAQ:FITB)
stocknewsjournal.com - February 17 at 3:46 PM
News IconEarnings Wrap Up & Price Target Focus on Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
xboxonezone.com - February 16 at 5:11 PM
News IconResearch Report for: Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
eleganthomesinla.com - February 16 at 5:11 PM
News IconFifth Third Bancorp (FITB) (NASDAQ:FITB)
ibusinesslines.com - February 16 at 5:11 PM
News IconFeatured Stock Overview: Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
prensariotiretail.com - February 16 at 5:11 PM
bizjournals.com logoTeddy Kremer is the face of Fifth Third's latest product launch (NASDAQ:FITB)
www.bizjournals.com - February 16 at 5:11 PM
schaeffersresearch.com logoAIG, Fifth Third Stock Charts Suggest Bearish Options Traders at Risk (NASDAQ:FITB)
www.schaeffersresearch.com - February 14 at 11:15 PM
News IconAnalysts believe Fifth Third Bancorp (NASDAQ:FITB) is worth $27.47 per share (NASDAQ:FITB)
emfizz.com - February 14 at 11:15 PM
News IconFifth Third Bancorp (FITB): What's the Story? (NASDAQ:FITB)
hypelee.com - February 14 at 11:15 PM
News IconThe Analysts Offer Predictions for Fifth Third Bancorp's Q1 2017 Earnings (FITB) (NASDAQ:FITB)
oakridgeobserver.com - February 14 at 11:15 PM
sg.finance.yahoo.com logoMost Asian markets higher after new Wall Street high (NASDAQ:FITB)
us.rd.yahoo.com - February 14 at 11:15 PM
finance.yahoo.com logoFifth Third Bank Announces Launch of ABLE Checking Option in 11 States as Part of National ABLE Alliance (NASDAQ:FITB)
finance.yahoo.com - February 14 at 6:15 PM
sg.finance.yahoo.com logoJumping bank stocks push US indexes higher; bond yields rise (NASDAQ:FITB)
sg.finance.yahoo.com - February 14 at 6:15 PM
News IconThe Fifth Third Bancorp (FITB) Shares Sold by Wesbanco Bank Inc (NASDAQ:FITB)
brassale.net - February 13 at 6:03 PM
News IconStock Price of Fifth Third Bancorp (FITB) Decreases -0.04% - Morning Outlook (NASDAQ:FITB)
www.morningoutlook.com - February 13 at 10:10 AM
News IconLooking at the Tea Leaves for Fifth Third Bancorp (FITB) - The USA Commerce (NASDAQ:FITB)
theusacommerce.com - February 13 at 10:10 AM
News IconTop Financial Stock Picking: Huntington Bancshares Incorporated (HBAN), Fifth Third Bancorp (FITB) (NASDAQ:FITB)
prensariotiretail.com - February 11 at 5:18 PM
News IconBrokers Opinions on: Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
giftedviz.com - February 11 at 5:18 PM
News IconFifth Third Bancorp (NASDAQ:FITB) PT Suggests Stock Is Worth Around $27.47 (NASDAQ:FITB)
hoyentv.com - February 11 at 5:18 PM
News IconWatching the Numbers on These Shares: Fifth Third Bancorp (NASDAQ:FITB) - Midway Monitor (NASDAQ:FITB)
midwaymonitor.com - February 10 at 10:54 PM
News IconDrilling Down Into Fifth Third Bancorp (FITB) - StockNewsJournal (NASDAQ:FITB)
stocknewsjournal.com - February 10 at 10:54 PM
News IconBuy, Sell or Hold? Analysts Approach: Exelon Corporation (EXC), Fifth Third Bancorp (FITB)? - The USA Commerce (NASDAQ:FITB)
theusacommerce.com - February 10 at 10:54 PM
News IconThe Case for and Against Fifth Third Bancorp (FITB) - StockNewsJournal (NASDAQ:FITB)
stocknewsjournal.com - February 10 at 10:54 PM
News IconEarnings Analysis of: Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
xboxonezone.com - February 10 at 3:55 AM
News IconMost Active Volume Stock: Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
brassale.net - February 8 at 4:28 AM
biz.yahoo.com logoFIFTH THIRD BANCORP Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balan (NASDAQ:FITB)
us.rd.yahoo.com - February 8 at 4:28 AM
News IconInvestors Catching Stocks: Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
ibusinesslines.com - February 7 at 6:25 PM
News IconChecking the Overall Picture for Fifth Third Bancorp (FITB) (NASDAQ:FITB)
mlbinjurynews.com - February 7 at 6:25 PM
News IconRegional – Midwest Banks: Fifth Third Bancorp (NASDAQ:FITB) Position of the day (NASDAQ:FITB)
twincountynews.com - February 7 at 6:25 PM
News IconToday Analysts Focus on Fifth Third Bancorp (FITB), Cognizant Technology Solutions Corporation (CTSH) - StockNewsJournal (NASDAQ:FITB)
stocknewsjournal.com - February 7 at 3:17 AM
News IconUnusual Volume Spikes For: Fifth Third Bancorp (NASDAQ:FITB) (NASDAQ:FITB)
xboxonezone.com - February 4 at 10:19 PM
News IconFifth Third Bancorp (NASDAQ:FITB) from Regional – Midwest Banks – Todays Top Gains (NASDAQ:FITB)
twincountynews.com - February 3 at 10:37 PM
bizjournals.com logoThe business strategy behind Fifth Third’s $30 billion community development plan (NASDAQ:FITB)
www.bizjournals.com - February 3 at 3:49 AM
News IconLLC Sells 18850 Shares of Fifth Third Bancorp (FITB) (NASDAQ:FITB)
xboxonezone.com - February 2 at 10:47 PM

Social

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 announced a quarterly dividend on Tuesday, December 20th. Shareholders of record on Friday, December 30th will be given a dividend of $0.14 per share on Tuesday, January 17th. This represents a $0.56 annualized dividend and a yield of 2.05%. The ex-dividend date of this dividend is Wednesday, December 28th. This is a positive change from Fifth Third Bancorp's previous quarterly dividend of $0.13.

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

26 brokers have issued 1 year price targets for Fifth Third Bancorp's stock. Their forecasts range from $18.00 to $29.00. On average, they expect Fifth Third Bancorp's stock price to reach $21.98 in the next twelve months.

When will Fifth Third Bancorp announce their earnings?

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

What are analysts saying about Fifth Third Bancorp stock?

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

  • According to Zacks Investment Research, "Fifth Third’s shares have outperformed the Zacks categorized Regional Banks-Major industry over the last one year. We remain encouraged by the company’s ongoing strategic efforts which are likely to boost its efficiency and revenue in the long run. Also, the company raised its prime lending rate to 3.75%, following Fed interest rate hike to 0.50%-0.75% in Dec 2016. Though mounting expenses and strict regulatory landscape remain key concerns, management anticipates consolidation of branches to generate expense savings of $72 million annually. Also, in Dec 2016, the company increased its quarterly dividend by nearly 8%, boosting shareholders’ wealth." (1/9/2017)

  • 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)

  • Morgan Stanley analysts commented, "We see over 200 bps of ROTCE improvement at KEY through 2018, to an above-peer 13.1 percent. Combined with accelerating EPS growth, we see 37 percent upside to the stock. FITB, however, appears more fairly valued given moderate growth, but below-peer profitability," analyst Ken Zerbe wrote in a note.Zerbe noted that Keycorp is on track to achieve its goal of $400 million in expense savings as it integrates First Niagara. Moreover, the analyst sees further upside to those expense targets, suggesting EPS estimates could end up being too low.Related Link: Stress Test Finale: Everything You Need To Know About Banks Returning Profits To Shareholders"If KEY achieves an extra $100 million of pretax expense savings, it would add $0.07 to our 2018 EPS. Achieving $300 mil of revenue synergies, using a 50 percent marginal expense ratio, adds another $0.11 to EPS," Zerbe highlighted.ValuationsOn the valuation front, the analyst said KEY is currently trading at a 33 percent discount to peers on 2017 estimated EPS of $1.30 (8.4x vs. peers at 12.5x) and a 34 percent discount on TBV (0.95x vs. 1.44x), despite faster earnings growth through 2018.Zerbe expects 18 percent EPS growth versus peers at 12 percent and a roughly 300 bps improvement in its soon-to be above-peer ROTCE to 13.1 percent (vs. peers at 12.5 percent) from redeploying capital and expense saves related to First Niagara.Meanwhile, the analyst downgraded Fifth Third due to expectations of less fundamental improvement. "We are less optimistic that FITB can meaningfully narrow its profitability or earnings growth gap versus peers, removing a potential catalyst that would drive multiple expansion," Zerbe highlighted.Zerbe expects EPS of $1.69 and loan growth of 3.6 percent in 2017, just over half the industry average. The analyst forecast 2017 ROTCE of 9.7 percent, or 180 bps below peers (and 280 bps below KEY)."While the shares appear cheap on a P/E basis (at 10.3x 2017eEPS), our P/TBV-ROTCE regression suggests the shares are broadly fairly valued at 1.07x tangible book," (7/5/2016)

Who owns Fifth Third Bancorp stock?

Fifth Third Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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%), Russell Investments Group Ltd. (0.71%) and AQR Capital Management LLC (0.66%). Company insiders that own Fifth Third Bancorp stock include Frank R Forrest, Greg D Carmichael, 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 purchased by a variety of institutional investors in the last quarter, including 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., Artemis Investment Management LLP and Janus Capital Management LLC.

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 $27.32.

Fifth Third Bancorp (NASDAQ:FITB) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Fifth Third Bancorp (NASDAQ:FITB)

Earnings History Chart

Earnings by Quarter for Fifth Third Bancorp (NASDAQ:FITB)

Dividend History Chart

Dividend Payments by Quarter for Fifth Third Bancorp (NASDAQ:FITB)

Last Updated on 2/27/2017 by MarketBeat.com Staff