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Fifth Third Bancorp (FITB)

Stock Price: $19.49 USD -0.15 (-0.76%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 13.88B
Revenue (ttm) 6.61B
Net Income (ttm) 1.78B
Shares Out 712.20M
EPS (ttm) 1.95
PE Ratio 9.99
Forward PE 13.30
Dividend $1.08
Dividend Yield 5.54%

Stock Quote

Trading Day Aug 4, 2020
Last Price $19.49
Previous Close $19.64
Change ($) -0.15
Change (%) -0.76%
Day's Open 19.72
Day's Range 19.38 - 19.79
Day's Volume 3,589,758
52-Week Range 11.10 - 31.64

More Stats

Market Cap 13.88B
Enterprise Value 33.05B
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date Mar 30, 2020
Shares Outstanding 712.20M
Float 709.03M
EPS (basic) 2.31
EPS (diluted) 1.95
FCF / Share 2.11
Dividend $1.08
Dividend Yield 5.54%
Earnings Yield 10.01%
FCF Yield 10.83%
Payout Ratio 42.90%
Shares Short 15.07M
Short Ratio 1.29
Short % of Float 1.76%
Beta 1.73
PE Ratio 9.99
Forward PE 13.30
P/FCF Ratio 9.24
PS Ratio 2.10
PB Ratio 0.68
Revenue 6.61B
Operating Income 2.30B
Net Income 1.78B
Free Cash Flow 1.50B
Net Cash -19.17B
Net Cash / Share -26.91
Gross Margin 119.50%
Operating Margin 34.85%
Profit Margin 24.00%
FCF Margin 22.76%
ROA 0.82%
ROE 7.10%
ROIC 1.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (24)

Buy 12
Overweight 2
Hold 9
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$22.38*
(14.83% upside)
Low
18.0
Current: $19.49
High
27.0
Target: 22.38
*Average 12-month price target from 22 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue7,8626,7236,7615,9686,1405,7376,5596,2915,5894,795
Revenue Growth16.94%-0.56%13.29%-2.8%7.02%-12.53%4.26%12.56%16.56%-
Gross Profit7,8626,7236,7615,9686,1405,7376,5596,2915,5894,795
Operating Income3,2022,7652,9792,2082,3652,0282,5982,2101,831940
Net Income2,5122,1932,1801,5471,7121,4811,8361,5761,297753
Shares Outstanding710673728757799833869904906791
Earnings Per Share3.333.062.811.912.011.662.021.661.180.63
EPS Growth8.82%8.9%47.12%-4.98%21.08%-17.82%21.69%40.68%87.3%-
Dividend Per Share0.940.740.600.530.520.510.470.360.280.04
Dividend Growth27.03%23.33%13.21%1.92%1.96%8.51%30.56%28.57%600%-
Operating Cash Flow1,8242,8561,4802,0912,4182,0764,5952,5572,3663,305
Capital Expenditures-214-77.00-191-230-212-258-447-475-343-235
Free Cash Flow1,6102,7791,2891,8612,2061,8184,1482,0822,0233,070
Cash & Equivalents3,2782,6812,5142,3922,5403,0913,1782,4412,6632,159
Total Debt16,24116,92419,09018,05517,46816,66711,29714,26613,26711,411
Net Cash / Debt-12,963-14,243-16,576-15,663-14,928-13,576-8,119-11,825-10,604-9,252
Assets169,369146,069142,081142,177141,048138,706130,443121,894116,967111,007
Liabilities148,166129,819125,861125,945125,178123,041115,817108,130103,71696,927
Book Value21,20316,25016,20016,20515,83915,62614,58913,71613,20114,051
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Fifth Third Bancorp
Country United States
Employees 20,340
CEO Gregory D. Carmichael

Stock Information

Ticker Symbol FITB
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: FITB

Description

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 April 14, 2020, the company operated 1,149 banking centers and 2,481 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina. Fifth Third Bancorp has a strategic relationship with Trust & Will to provide savings on Will and Trust-based estate plans. The company was founded in 1858 and is headquartered in Cincinnati, Ohio.