NASDAQ:FITB

Fifth Third Bancorp Stock Forecast, Price & News

$38.20
+0.17 (+0.45 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$37.96
Now: $38.20
$38.76
50-Day Range
$34.69
MA: $37.59
$39.09
52-Week Range
$14.89
Now: $38.20
$40.46
Volume5.36 million shs
Average Volume6.15 million shs
Market Capitalization$27.16 billion
P/E Ratio19.01
Dividend Yield2.83%
Beta1.63
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. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides asset management services; wealth planning, investment management, insurance, and trust and estate services; and advisory services for institutional clients. As of December 31, 2020, the company operated 1,134 banking centers and 2,397 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. The company was founded in 1858 and is headquartered in Cincinnati, Ohio.
Fifth Third Bancorp logo

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:FITB
CUSIP31677310
Phone800-972-3030
Employees19,872
Year Founded1858

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.79 billion
Cash Flow$4.38 per share
Book Value$27.38 per share

Profitability

Net Income$2.51 billion

Miscellaneous

Market Cap$27.16 billion
Next Earnings Date4/20/2021 (Confirmed)
OptionableOptionable

Headlines

These 8 Dividends Are Rising 23% Per Year
April 8, 2021 |  marketbeat.com
See More Headlines

MarketRank

Overall MarketRank

2.36 out of 5 stars

Finance Sector

47th out of 1,953 stocks

State Commercial Banks Industry

7th out of 310 stocks

Analyst Opinion: 2.4Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
$38.20
+0.17 (+0.45 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Fifth Third Bancorp (NASDAQ:FITB) Frequently Asked Questions

Is Fifth Third Bancorp a buy right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fifth Third Bancorp in the last year. There are currently 5 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Fifth Third Bancorp stock.
View analyst ratings for Fifth Third Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than Fifth Third Bancorp?

Wall Street analysts have given Fifth Third Bancorp a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Fifth Third Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Fifth Third Bancorp?

Fifth Third Bancorp saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 9,280,000 shares, a decrease of 27.0% from the March 15th total of 12,710,000 shares. Based on an average trading volume of 6,210,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.3% of the shares of the stock are sold short.
View Fifth Third Bancorp's Short Interest
.

When is Fifth Third Bancorp's next earnings date?

Fifth Third Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, April 20th 2021.
View our earnings forecast for Fifth Third Bancorp
.

How can I listen to Fifth Third Bancorp's earnings call?

Fifth Third Bancorp will be holding an earnings conference call on Tuesday, April 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Fifth Third Bancorp's earnings last quarter?

Fifth Third Bancorp (NASDAQ:FITB) posted its quarterly earnings results on Wednesday, January, 20th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.14. The financial services provider had revenue of $1.97 billion for the quarter, compared to analysts' expectations of $1.92 billion. Fifth Third Bancorp had a net margin of 17.50% and a trailing twelve-month return on equity of 7.52%. During the same period last year, the business posted $0.68 earnings per share.
View Fifth Third Bancorp's earnings history
.

How has Fifth Third Bancorp's stock been impacted by Coronavirus?

Fifth Third Bancorp's stock was trading at $17.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FITB shares have increased by 116.4% and is now trading at $38.20.
View which stocks have been most impacted by COVID-19
.

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 Thursday, March 18th. Investors of record on Wednesday, March 31st will be paid a dividend of $0.27 per share on Thursday, April 15th. This represents a $1.08 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Tuesday, March 30th.
View Fifth Third Bancorp's dividend history
.

Is Fifth Third Bancorp a good dividend stock?

Fifth Third Bancorp pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.83%. Fifth Third Bancorp has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Fifth Third Bancorp is 38.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Fifth Third Bancorp will have a dividend payout ratio of 43.37% next year. This indicates that Fifth Third Bancorp will be able to sustain or increase its dividend.
View Fifth Third Bancorp's dividend history.

How will Fifth Third Bancorp's stock buyback program work?

Fifth Third Bancorp declared that its board has authorized a share repurchase program on Tuesday, June 18th 2019, which authorizes the company to buyback 100,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

What price target have analysts set for FITB?

18 Wall Street analysts have issued 12 month price objectives for Fifth Third Bancorp's stock. Their forecasts range from $22.00 to $46.00. On average, they anticipate Fifth Third Bancorp's stock price to reach $34.46 in the next twelve months. This suggests that the stock has a possible downside of 9.8%.
View analysts' price targets for Fifth Third Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Fifth Third Bancorp's key executives?

Fifth Third Bancorp's management team includes the following people:
  • Mr. Gregory D. Carmichael, Chairman & CEO (Age 59, Pay $4.27M) (LinkedIn Profile)
  • Mr. Timothy N. Spence, Pres (Age 42, Pay $1.52M)
  • Mr. James C. Leonard CPA, Exec. VP & CFO (Age 51, Pay $1.11M) (LinkedIn Profile)
  • Mr. Robert P. Shaffer, Exec. VP & Chief Risk Officer (Age 51, Pay $1.06M) (LinkedIn Profile)
  • Mr. Lars C. Anderson, Exec. VP & Vice Chairman of Commercial Banking Strategic Growth Initiatives (Age 60, Pay $1.64M) (LinkedIn Profile)
  • Mr. Rob Schipper, Head of Investment Banking & MD
  • Mr. Jude A. Schramm, Exec. VP & Chief Information Officer (Age 48) (LinkedIn Profile)
  • Mr. Christopher Doll, Director of Investor Relations
  • Ms. Susan B. Zaunbrecher J.D., Exec. VP & Chief legal Officer (Age 61) (LinkedIn Profile)
  • Ms. Melissa S. Stevens, Exec. VP, Chief Digital Officer and Head of Digital, Marketing, Design & Innovation (Age 46) (LinkedIn Profile)

What is Greg D. Carmichael's approval rating as Fifth Third Bancorp's CEO?

466 employees have rated Fifth Third Bancorp CEO Greg D. Carmichael on Glassdoor.com. Greg D. Carmichael has an approval rating of 82% among Fifth Third Bancorp's employees.

Who are some of Fifth Third Bancorp's key competitors?

What other stocks do shareholders of Fifth Third Bancorp own?

What is Fifth Third Bancorp's stock symbol?

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

Who are Fifth Third Bancorp's major shareholders?

Fifth Third Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Royal London Asset Management Ltd. (0.04%), Retirement Systems of Alabama (0.04%), DnB Asset Management AS (0.02%), Huntington National Bank (0.02%), State of Alaska Department of Revenue (0.02%) and HighPoint Advisor Group LLC (0.01%). Company insiders that own Fifth Third Bancorp stock include Evan Bayh, Frank R Forrest, Jewell D Hoover, Katherine H Blackburn, Kevin P Lavender, Lars C Anderson, Margaret B Jula, Mitchell Feiger, Philip Mchugh, Robert P Shaffer, Teresa J Tanner and Timothy Spence.
View institutional ownership trends for Fifth Third Bancorp
.

Which major investors are selling Fifth Third Bancorp stock?

FITB stock was sold by a variety of institutional investors in the last quarter, including CX Institutional, Trust Co. of Toledo NA OH, Retirement Systems of Alabama, First Financial Bank Trust Division, State of Alaska Department of Revenue, Crossmark Global Holdings Inc., Huntington National Bank, and NuWave Investment Management LLC. Company insiders that have sold Fifth Third Bancorp company stock in the last year include Jewell D Hoover, Kevin P Lavender, Margaret B Jula, Mitchell Feiger, and Robert P Shaffer.
View insider buying and selling activity for Fifth Third Bancorp
or view top insider-selling stocks.

Which major investors are buying Fifth Third Bancorp stock?

FITB stock was purchased by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Phoenix Wealth Advisors, Everence Capital Management Inc., Rothschild Investment Corp IL, Royal London Asset Management Ltd., Private Trust Co. NA, TPG Financial Advisors LLC, and Gilbert & Cook Inc.. Company insiders that have bought Fifth Third Bancorp stock in the last two years include Evan Bayh, and Katherine H Blackburn.
View insider buying and selling activity for Fifth Third Bancorp
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fifth Third Bancorp's stock price today?

One share of FITB stock can currently be purchased for approximately $38.20.

How much money does Fifth Third Bancorp make?

Fifth Third Bancorp has a market capitalization of $27.16 billion and generates $9.79 billion in revenue each year. The financial services provider earns $2.51 billion in net income (profit) each year or $2.77 on an earnings per share basis.

How many employees does Fifth Third Bancorp have?

Fifth Third Bancorp employs 19,872 workers across the globe.

Does Fifth Third Bancorp have any subsidiaries?

The following companies are subsidiares of Fifth Third Bancorp: 1208 N Ocean Boulevard LLC, 5/3 Willkommen Investment Fund LLC, Acquisition Properties II LLC, Acquisition Properties VII LLC, Ashland Bankshares, Ashland Management Agency LLC, BB Development I LLC, BB Development VII LLC, BBIF Investor Fund LLC, BCB Development III LLC, BCB Development XXXI LLC, Carver Loan Pool Investment Fund LLC, Cedar Integration LLC, Elm Integration LLC, Emerald Financial Corp, Epic Insurance Solutions, Epic Insurance Solutions Agency LLC, Fifth Third Acquisition Holdings LLC, Fifth Third Auto Leasing Trust, Fifth Third Auto Trust 2017-1, Fifth Third Auto Trust 2019-1, Fifth Third Bank National Association, Fifth Third Business Capital Canada Inc., Fifth Third Capital Holdings LLC, Fifth Third Commercial Funding Inc., Fifth Third Community Development Company LLC, Fifth Third Community Development Corporation, Fifth Third Conduit Holdings LLC, Fifth Third Financial Corporation, Fifth Third Global Services Inc., Fifth Third Holdings Funding LLC, Fifth Third Holdings LLC, Fifth Third Insurance Agency Inc., Fifth Third International Company, Fifth Third Investment Company, Fifth Third Mauritius Holdings Limited, Fifth Third Mortgage – Michigan LLC, Fifth Third New Markets Development Co. LLC, Fifth Third Reinsurance Company Ltd., Fifth Third Securities Inc., First Charter Capital Trust I, First Charter Capital Trust II, Fountain Square Life Reinsurance Company Ltd., Franklin Street Advisors Inc., Franklin Street Partners, Franklin Street Trust Company, Fuschia Properties LLC, GNB Management LLC, GNB Realty LLC, Gads Hill Investment Fund LLC, HCB Development I LLC, MB Financial, MB Financial Center LLC, MB Financial Center Land Owner LLC, MB Financial International Inc., MB1200 Corporation, MB1776 LLC, MB1803 LLC, MB1807 LLC, MB1810 LLC, MB1815 LLC, MB1829 LLC, MB1841 LLC, MB1846 LLC, MB1853 LLC, MB1861 LLC, MB1864 LLC, MB1868 LLC, MB1871 LLC, MB1875 LLC, MB1877 LLC, MB1883 LLC, MB1884 LLC, MB1897 LLC, MB777 LLC, MB797 LLC, MB848 LLC, MB851 LLC, MB854 LLC, MB876 LLC, MB878 LLC, MB899 LLC, MBAA SFR LLC, Main Integration LLC, Mainstreet Investment Advisors LLC, Memorial Hall Investment Fund LLC, NCB Development III LLC, NCB Development XXV LLC, NCB Development XXVIII LLC, NCB Development XXXII LLC, Old Kent Mortgage Services Inc., PCR MB LLC, PSII Investor LLC, Privet Properties LLC, R.G. McGraw Insurance Agency, R.G. McGraw Insurance Agency Inc., Ragweed Properties LLC, Retirement Corporation of America, Scherston Real Estate Investments LLC, Score Small Business Loan Pool 2 LLC, Score Small Business Loan Pool 3 LLC, Score Small Business Loan Pool LLC, South Florida Bank Holding Corporation, Spring Green Properties LLC, State Savings Company, Summit MFR Leasing II LLC, Summit MFR Leasing LLC, The Retirement Corporation of America, VAF Investment Fund XXVI LLC, Vista Settlement Services LLC, Walnut & Vine Holdings LLC, and Walnut & Vine Properties II LLC.

When was Fifth Third Bancorp founded?

Fifth Third Bancorp was founded in 1858.

What is Fifth Third Bancorp's official website?

The official website for Fifth Third Bancorp is trustandwill.com.

Where are Fifth Third Bancorp's headquarters?

Fifth Third Bancorp is headquartered at 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH, 45263.

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]


This page was last updated on 4/19/2021 by MarketBeat.com Staff
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