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Fifth Third Bancorp (FITB)

Stock Price: $24.42 USD 0.45 (1.88%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed
Pre-market: $24.00 -0.42 (-1.72%) Oct 26, 8:08 AM

Stock Price Chart

Key Info

Market Cap 17.40B
Revenue (ttm) 6.58B
Net Income (ttm) 1.52B
Shares Out 712.33M
EPS (ttm) 2.00
PE Ratio 12.21
Forward PE 12.11
Dividend $1.08
Dividend Yield 4.42%

Stock Quote

Trading Day Oct 23, 2020
Last Price $24.42
Previous Close $23.97
Change ($) 0.45
Change (%) 1.88%
Day's Open 24.31
Day's Range 23.79 - 24.59
Day's Volume 6,232,554
52-Week Range 11.10 - 31.64

More Stats

Market Cap 17.40B
Enterprise Value 32.05B
Earnings Date (est) Jan 26, 2021
Ex-Dividend Date Oct 1, 2020
Shares Outstanding 712.33M
Float 709.00M
EPS (basic) 1.97
EPS (diluted) 2.00
FCF / Share 3.82
Dividend $1.08
Dividend Yield 4.42%
Earnings Yield 8.19%
FCF Yield 15.71%
Payout Ratio 51.80%
Shares Short 14.66M
Short Ratio 2.35
Short % of Float 2.07%
Beta 1.67
PE Ratio 12.21
Forward PE 12.11
P/FCF Ratio 6.37
PS Ratio 2.65
PB Ratio 0.83
Revenue 6.58B
Operating Income 1.93B
Net Income 1.52B
Free Cash Flow 2.73B
Net Cash -14.65B
Net Cash / Share -20.57
Gross Margin 118.41%
Operating Margin 29.41%
Profit Margin 21.60%
FCF Margin 41.55%
ROA 0.84%
ROE 7.02%
ROIC 1.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (23)

Buy 15
Overweight 2
Hold 5
Underweight 0
Sell 1

Analyst Consensus: Buy

Price Target

$26.15*
(7.08% upside)
Low
22.0
Current: $24.42
High
30.0
Target: 26.15
*Average 12-month price target from 21 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 19,869
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.