Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone800-972-3030
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$7.97 billion
Profitability
Miscellaneous
Employees17,437
Next Earnings Date7/18/2019 (Estimated)
OptionableOptionable
Fifth Third Bancorp (NASDAQ:FITB) Frequently Asked Questions
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 Wednesday, February 27th. Investors of record on Friday, March 29th will be paid a dividend of $0.22 per share on Monday, April 15th. This represents a $0.88 annualized dividend and a yield of 3.26%. The ex-dividend date is Thursday, March 28th. View Fifth Third Bancorp's Dividend History.
How will Fifth Third Bancorp's stock buyback program work?
Fifth Third Bancorp announced that its board has initiated a stock repurchase program on Wednesday, February 28th 2018, which authorizes the company to buyback 100,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.
How were Fifth Third Bancorp's earnings last quarter?
Fifth Third Bancorp (NASDAQ:FITB) posted its quarterly earnings results on Tuesday, April, 23rd. The financial services provider reported $0.63 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.04. The financial services provider earned $2.18 billion during the quarter, compared to analyst estimates of $1.67 billion. Fifth Third Bancorp had a return on equity of 11.77% and a net margin of 26.80%. During the same period in the previous year, the business earned $0.57 EPS. View Fifth Third Bancorp's Earnings History.
When is Fifth Third Bancorp's next earnings date?
How can I listen to Fifth Third Bancorp's earnings call?
Fifth Third Bancorp will be holding an earnings conference call on Tuesday, July 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for FITB?
16 Wall Street analysts have issued twelve-month price targets for Fifth Third Bancorp's shares. Their predictions range from $29.00 to $36.00. On average, they expect Fifth Third Bancorp's share price to reach $31.3846 in the next year. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Price Targets for Fifth Third Bancorp.
What is the consensus analysts' recommendation for Fifth Third Bancorp?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fifth Third Bancorp in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fifth Third Bancorp.
What are Wall Street 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, "Shares of Fifth Third have outperformed the industry, over the past six months. Also, the company has an impressive earnings surprise history, having beaten the Zacks Consensus Estimate in all the trailing four quarters. The first-quarter 2019 results reflected elevated revenues, a strong capital position along with higher expenses and provisions. Fifth Third’s ongoing strategic efforts, such as Project North Star, will likely boost its efficiency and revenues over the long run. Also, margin pressure seems to be easing gradually due to the Fed’s interest rate hikes and improving economic backdrop. However, elevated expenses on the company’s branch-digitization initiative and legal issues remain headwinds. Nevertheless, the company's involvement in steady capital-deployment activities remains impressive." (4/26/2019)
- 2. Vining Sparks analysts commented, "Much like the other Large Cap U.S. Banks, FITB currently trades at a significant discount to what we believe is a reasonable valuation. We don ’t believe that FITB’s current 139% price-to-tangible book value, after adjusting for the MB Financial acquisition, is representative of the 17% return -on-tangible common equity, expected in 2019E, or its current 3.6% dividend yield. As earnings per share continue to grow at close to 10% in 2019E, following a 39% increase in 2018, we also believe the 9.5x price-to-earnings is also unsustainably low. 35% total return potential seems high, we would remind investors that FITB traded at almost $35 less than a year ago." (1/22/2019)
Has Fifth Third Bancorp been receiving favorable news coverage?
Media headlines about FITB stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fifth Third Bancorp earned a news impact score of 2.2 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Fifth Third Bancorp.
Are investors shorting Fifth Third Bancorp?
Fifth Third Bancorp saw a decrease in short interest in the month of May. As of May 15th, there was short interest totalling 22,603,400 shares, a decrease of 35.3% from the April 15th total of 34,928,100 shares. Based on an average daily volume of 8,470,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 3.1% of the shares of the company are short sold. View Fifth Third Bancorp's Current Options Chain.
Who are some of Fifth Third Bancorp's key competitors?
Some companies that are related to Fifth Third Bancorp include BANCO BRADESCO/S (BBDO), Bank of Nova Scotia (BNS), Bank of New York Mellon (BK), M&T Bank (MTB), State Street (STT), Northern Trust (NTRS), Citizens Financial Group (CFG), Deutsche Bank (DB), SVB Financial Group (SIVB), First Financial Bankshares (FFIN), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC), Popular (BPOP) and First Citizens BancShares (FCNCA).
What other stocks do shareholders of Fifth Third Bancorp own?
Who are Fifth Third Bancorp's key executives?
Fifth Third Bancorp's management team includes the folowing people:
- Mr. Gregory D. Carmichael, Chairman, Pres & CEO (Age 57)
- Mr. Tayfun Tuzun, Exec. VP & CFO (Age 54)
- Mr. Lars C. Anderson, Exec. VP & COO (Age 58)
- Ms. Teresa J. Tanner, Exec. VP & Chief Admin. Officer (Age 50)
- Mr. Frank R. Forrest, Exec. VP & Chief Risk Officer (Age 64)
Who are Fifth Third Bancorp's major shareholders?
Fifth Third Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.85%), Sanders Capital LLC (2.84%), JPMorgan Chase & Co. (2.56%), Northern Trust Corp (1.64%), Boston Partners (1.56%) and LSV Asset Management (1.33%). Company insiders that own Fifth Third Bancorp stock include Aravind Immaneni, Emerson L Brumback, Frank R Forrest, Greg D Carmichael, James C Leonard, Jelena Mcwilliams, Jewell D Hoover, Lars C Anderson, Mark D Hazel, Robert P Shaffer, Teresa J Tanner and Timothy Spence. View Institutional Ownership Trends for Fifth Third Bancorp.
Which institutional investors are selling Fifth Third Bancorp stock?
FITB stock was sold by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Janus Henderson Group PLC, Schwartz Investment Counsel Inc., William Blair Investment Management LLC, Neuburgh Advisers LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Riverhead Capital Management LLC and Tyers Asset Management LLC. Company insiders that have sold Fifth Third Bancorp company stock in the last year include Frank R Forrest, Jewell D Hoover, Robert P Shaffer and Teresa J Tanner. View Insider Buying and Selling for Fifth Third Bancorp.
Which institutional investors are buying Fifth Third Bancorp stock?
FITB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., The Manufacturers Life Insurance Company, Acadian Asset Management LLC, Northern Trust Corp, State of Wisconsin Investment Board, Clark Capital Management Group Inc., AJO LP and Sanders Capital LLC. View Insider Buying and Selling for Fifth Third Bancorp.
How do I buy shares of Fifth Third Bancorp?
Shares of FITB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fifth Third Bancorp's stock price today?
One share of FITB stock can currently be purchased for approximately $26.97.
How big of a company is Fifth Third Bancorp?
Fifth Third Bancorp has a market capitalization of $19.81 billion and generates $7.97 billion in revenue each year. The financial services provider earns $2.19 billion in net income (profit) each year or $2.54 on an earnings per share basis. Fifth Third Bancorp employs 17,437 workers across the globe.View Additional Information About Fifth Third Bancorp.
What is Fifth Third Bancorp's official website?
How can I contact Fifth Third Bancorp?
Fifth Third Bancorp's mailing address is 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH, 45263. The financial services provider can be reached via phone at 800-972-3030 or via email at [email protected]
MarketBeat Community Rating for Fifth Third Bancorp (NASDAQ FITB)
MarketBeat's community ratings are surveys of what our community members think about Fifth Third Bancorp and other stocks. Vote "Outperform" if you believe FITB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FITB will underperform the S&P 500 over the long term. You may vote once every thirty days.
