Fifth Third Bancorp (FITB)
| Market Cap | 29.21B |
| Revenue (ttm) | 7.95B |
| Net Income (ttm) | 2.16B |
| Shares Out | 669.85M |
| EPS (ttm) | 3.14 |
| PE Ratio | 13.89 |
| Forward PE | 12.02 |
| Dividend | $1.48 (3.39%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 3,397,599 |
| Open | 44.29 |
| Previous Close | 44.35 |
| Day's Range | 43.24 - 44.38 |
| 52-Week Range | 33.03 - 49.07 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 46.97 (+7.71%) |
| Earnings Date | Apr 17, 2025 |
About FITB
Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The 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 capi... [Read more]
Financial Performance
In 2024, Fifth Third Bancorp's revenue was $7.95 billion, a decrease of -3.00% compared to the previous year's $8.20 billion. Earnings were $2.16 billion, a decrease of -2.58%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for FITB stock is "Buy." The 12-month stock price forecast is $46.97, which is an increase of 7.71% from the latest price.
News
Fifth Third Bancorp to Participate in the BofA Securities 2025 Financial Services Conference
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp to Participate in the BofA Securities 2025 Financial Services Conference.
Fifth Third Again Named Among America's Most JUST Companies by JUST Capital and CNBC
CINCINNATI--(BUSINESS WIRE)--For the third year in row, Fifth Third (NASDAQ: FITB) has been named among America's top-performing companies on the issues most important to consumers as measured by JUST...
Fifth Third Again Named Among ‘World's Most Admired Companies™' by Fortune Magazine
CINCINNATI--(BUSINESS WIRE)--For the second consecutive year, Fifth Third (NASDAQ: FITB) has been named among the World's Most Admired Companies™ by Fortune Magazine. “It is a privilege to once again ...
Fifth Third Customers Get Tax Refunds Five Days Early, For Free
CINCINNATI--(BUSINESS WIRE)--Fifth Third (NASDAQ: FITB) customers can receive tax refunds via direct deposit up to five days early, for free, with a Fifth Third Momentum® Banking account.1 Fifth Third...
Fifth Third Celebrates Opening of New Branch in Charlotte's Historic West End Neighborhood
CHARLOTTE, N.C.--(BUSINESS WIRE)--On Wednesday, Fifth Third celebrated the opening of a new full-service banking center in Charlotte's Historic West End Neighborhood, the first of 15 banking centers F...
Capital One And Fifth Third Bancorp's Capital Strength And Growth Prospects; Analyst Sees Upside
Capital One Financial Corporation COF reported decent results for the fourth quarter. The company reported its quarterly results amid an exciting earnings season.
Fifth Third Gains Deposits by Investing in Branches and Banking Platform
Ohio-based Fifth Third Bancorp is seeing gains from its investments in new branches in the Southeast U.S. and its digital banking platform. Fifth Third generated year-over-year household growth of 2.3...
Committee stocks on the move: 3M, D.R. Horton, Charles Schwab, Prologis and Fifth Third
The Investment Committee discuss how to trade some of their stocks on the move today.
Fifth Third Bancorp (FITB) Q4 2024 Earnings Call Transcript
Fifth Third Bancorp (NASDAQ:FITB) Q4 2024 Earnings Conference Call January 21, 2025 9:00 AM ET Company Participants Matt Curoe - Senior Director, IR Tim Spence - Chairman, CEO & President Bryan Pres...
Fifth Third Bancorp's quarterly profit rises on fee income boost
Fifth Third Bancorp reported a rise in fourth-quarter profit on Tuesday, driven by a recovery in dealmaking across the industry and higher wealth and asset management fees.
Fifth Third Bancorp Reports Fourth Quarter 2024 Diluted Earnings Per Share of $0.85
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp Reports Fourth Quarter 2024 Diluted Earnings Per Share of $0.85.
Stocks This Week: Buy Netflix And Fifth Third Bancorp
The monthly S&P 500 and NASDAQ composite cycles bottomed last week. There may be a minor pullback next month, but the overall uptrend is intact.
Fifth Third: Watch For Commercial Credit Risk Metrics In Upcoming Report
Fifth Third rebounded sharply after its 2023 crash. Its low-duration securities have recouped their unrealized losses, and the bank has maintained strong net interest margins. FITB's price-to-tangible...
Fifth Third Private Bank Recognized as Best Private Bank by Global Finance for Sixth Consecutive Year
CINCINNATI--(BUSINESS WIRE)--Fifth Third Private Bank, a division of Fifth Third Bank (NASDAQ: FITB), was named as a Best Private Bank (US, Regional) for the sixth consecutive year. In addition, the P...
Fifth Third Bank to Decrease Prime Lending Rate to 7.50%
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, today announced it will decrease its prime lending rate to 7.50%, effective immediately. The rate was last changed on November 7, 2...
Fifth Third Awards More Than $25,000 in Small Business Grants
CINCINNATI--(BUSINESS WIRE)--Throughout the month of November, Fifth Third (NASDAQ: FITB) showed appreciation to small businesses across its 11-state footprint through a unique social media competitio...
Newline™ by Fifth Third Awarded Most Innovative Financial Institution by This Week in Fintech
CINCINNATI--(BUSINESS WIRE)--This Week in Fintech announced its annual This Week in Fintech Awards at the 2024 Fintech Formal in New York. Newline™ by Fifth Third was awarded Most Innovative Financial...
Fifth Third Bancorp Announces Cash Dividends
CINCINNATI--(BUSINESS WIRE)--Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares...
Fifth Third's Branch Expansion Strategy Driven by Data, Digital Tools
CINCINNATI--(BUSINESS WIRE)--Recently Fifth Third Bank (NASDAQ: FITB) unveiled plans to expand its retail branch footprint by opening more than 200 branches over the next four years, primarily in fast...
Fifth Third Bancorp to Participate in the Goldman Sachs U.S. Financial Services Conference
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2024 Goldman Sachs U.S. Financial Services Conference on December 11, 2024 at approximately 8:00 AM ET. Tim Spen...
Fifth Third's Laurent Desmangles, Linda W. Clement-Holmes Recognized as 2024 Most Influential Corporate Directors by Savoy Magazine
CINCINNATI--(BUSINESS WIRE)--Fifth Third directors Laurent Desmangles and Linda W. Clement-Holmes have been named to Savoy Magazine's Most Influential Corporate Directors list.
Fifth Third Bank, National Association, Names Matt Nipper as Northern Ohio President
CLEVELAND--(BUSINESS WIRE)--Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Matt Nipper as Northern Ohio region president. Nipper succeeds Tom Partridge, who is serving as group r...
Fifth Third Kicks Off Second Annual ‘Swap, Snap, Share' Small Business Appreciation Campaign
CINCINNATI--(BUSINESS WIRE)--Small businesses across Fifth Third's 11-state footprint will feel the love this holiday shopping season: from now until Dec. 1, Fifth Third employees can enter their favo...
Fifth Third Empowers Next Generation with Financial Literacy Solutions
CINCINNATI--(BUSINESS WIRE)--Extending its longstanding commitment to financial literacy, the Fifth Third Foundation is proud to support the development of a new tool that aims to make personal financ...
Fifth Third Wealth Advisors® Adds Team, Office in Winston-Salem, North Carolina
CINCINNATI--(BUSINESS WIRE)--Fifth Third Wealth Advisors®, a multi-custodial registered investment advisory firm, is pleased to announce its newest team and office in Winton-Salem, North Carolina. The...