Fifth Third Bank/FITB

$36.55

0.82%
-
1D1W1MYTD1YMAX

About Fifth Third Bank

Fifth Third Bancorp (the Bancorp) is a bank holding company for Fifth Third Bank, National Association (the Bank). It operates three main businesses: Commercial Banking, Consumer and Small Business Banking and Wealth & Asset Management. The Commercial Banking offers credit intermediation, cash management and financial services to large and middle-market businesses and government and professional customers. The Consumer and Small Business Banking segment includes residential mortgage, home equity loans and lines of credit, credit cards, automobile and other indirect lending and other consumer lending activities. Residential mortgage activities include the origination, retention and servicing of residential mortgage loans, sales and securitizations of those loans and all associated hedging activities. The Wealth and Asset Management segment provides a full range of wealth management solutions, such as wealth planning, investment management, banking, insurance, trust and estate services.

Ticker

FITB

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

Timothy Spence

Employees

18,724

Headquarters

Cincinnati, United States
Website
www.53.com

Fifth Third Bank Metrics

BasicAdvanced
$24.78B
Market cap
11.55
P/E ratio
$3.14
EPS
1.25
Beta
$1.38
Dividend rate
3.86%
Dividend yield
$24.78B
1.25286
$37.41
$22.46
5.38M
$1.38
81.207
97.576
32.99%
1.09%
13.02%
11.554
2.885
1.467
2.026
3.42%
3.81%
3.86%
35.17%
-8.94%
20.54%
20.69%
7.99%

What the Analysts think about Fifth Third Bank

Analyst Ratings

Majority rating from 25 analysts.
Buy

Price Targets

Average projection from 20 analysts.
8.62% upside
High $44.00
Low $28.65
$36.55
Current price
$39.70
Average price target

Fifth Third Bank Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
15.67% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3.32B
-2.15%
Net income
$520M
-1.89%
Profit margin
15.67%
0.32%

Fifth Third Bank Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 0.64%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.82
$0.91
$0.96
$0.70
-
Expected
$0.83
$0.82
$0.85
$0.70
$0.80
Surprise
-1.32%
10.78%
12.97%
-0.64%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Fifth Third Bank stock?

Fifth Third Bank (FITB) has a market cap of $24.78B as of April 23, 2024.

What is the P/E ratio for Fifth Third Bank stock?

The price to earnings (P/E) ratio for Fifth Third Bank (FITB) stock is 11.55 as of April 23, 2024.

Does Fifth Third Bank stock pay dividends?

Yes, the Fifth Third Bank (FITB) stock pays dividends to shareholders. As of April 23, 2024, the dividend rate is $1.38 and the yield is 3.86%. Fifth Third Bank has a payout ratio of 32.99% on a trailing twelve-month basis.

When is the next Fifth Third Bank dividend payment date?

The next Fifth Third Bank (FITB) dividend payment date is unconfirmed.

What is the beta indicator for Fifth Third Bank?

Fifth Third Bank (FITB) has a beta rating of 1.25. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Fifth Third Bank stock price target?

The target price for Fifth Third Bank (FITB) stock is $39.7, which is 8.62% above the current price of $36.55. This is an average based on projections from 20 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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