Fifth Third Bancorp (FITB)

NASDAQ: FITB · IEX Real-Time Price · USD
36.74
+1.06 (2.97%)
Mar 27, 2024, 4:00 PM EDT - Market closed
2.97%
Market Cap 25.11B
Revenue (ttm) 8.19B
Net Income (ttm) 2.21B
Shares Out 683.55M
EPS (ttm) 3.22
PE Ratio 11.41
Forward PE 11.29
Dividend $1.40 (3.81%)
Ex-Dividend Date Mar 27, 2024
Volume 4,435,274
Open 36.00
Previous Close 35.68
Day's Range 35.80 - 36.76
52-Week Range 22.46 - 37.36
Beta 1.28
Analysts Buy
Price Target 36.88 (+0.38%)
Earnings Date Apr 19, 2024

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]

Sector Financials
Founded 1858
Employees 18,724
Stock Exchange NASDAQ
Ticker Symbol FITB
Full Company Profile

Financial Performance

In 2023, FITB's revenue was $8.19 billion, an increase of 4.88% compared to the previous year's $7.81 billion. Earnings were $2.21 billion, a decrease of -5.06%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for FITB stock is "Buy." The 12-month stock price forecast is $36.88, which is an increase of 0.38% from the latest price.

Price Target
$36.88
(0.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Fifth Third Bank Recognized Among 2024 Top Workplaces USA

CINCINNATI--(BUSINESS WIRE)--For the third consecutive year, Fifth Third Bank has earned a Top Workplaces USA award. The Top Workplaces program has a 15-year history of surveying more than 20 million ...

7 days ago - Business Wire

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 share...

9 days ago - Business Wire

The banking system is very sound: Fifth Third Bank CEO one year after Silicon Valley Bank's collapse

Tim Spence, Fifth Third Bank CEO, joins 'Closing Bell Overtime' to talk the state of regional banks one year after the collapse of SIlicon Valley Bank.

22 days ago - CNBC Television

Fifth Third named one of the World's Most Ethical Companies® by Ethisphere for the fifth time

CINCINNATI--(BUSINESS WIRE)--Fifth Third is proud to announce it has been named to the 2024 World's Most Ethical Companies® list by Ethisphere, a global leader in defining and advancing the standards ...

23 days ago - Business Wire

Regional bank stocks dragged down by NYCB, led by banks with exposure to New York City real estate

Regional bank stocks were lower across the board early Friday, dragged down by the latest bad news from New York Community Bancorp Inc. that included the disclosure of ”material weaknesses” in its acc...

Other symbols: AXBKUCFGCMACUBIKRENYCB
26 days ago - Market Watch

New $1.1 Million Investment from Fifth Third Foundation Advances NMSDC Centers of Excellence Certificate Program

NEW YORK--(BUSINESS WIRE)--The National Minority Supplier Development Council (NMSDC) and Fifth Third today announce the continuance of NMSDC's innovative Centers of Excellence Certificate Program (CO...

27 days ago - Business Wire

Fifth Third Bancorp to Participate in the RBC Capital Markets Financial Institutions Conference

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2024 RBC Capital Markets Financial Institutions Conference on March 6, 2024, at approximately 8:00 AM ET. Tim Sp...

4 weeks ago - Business Wire

Fifth Third Opens Tampa, FL-based Fifth Third Wealth Advisors Office

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank today announced the opening of its Tampa, FL-based Fifth Third Wealth Advisors office. “Our adviser teams have the opportunity to take advantage of our fl...

5 weeks ago - Business Wire

Fifth Third Named One of America's Most JUST Companies by JUST Capital and CNBC

CINCINNATI--(BUSINESS WIRE)--For a second consecutive year, Fifth Third was named to the JUST 100 list, part of JUST Capital and CNBC's 2024 Rankings of America's Most JUST Companies. Fifth Third was ...

7 weeks ago - Business Wire

Fifth Third named one of the World's Most Admired Companies by Fortune Magazine

CINCINNATI--(BUSINESS WIRE)--Fifth Third is proud to announce it has been named to Fortune's 2024 list of the World's Most Admired CompaniesTM. This accolade is based on feedback from executives, dire...

2 months ago - Business Wire

US banks warn costly deposits to weaken interest income in 2024

Four U.S. banks warned of lower interest income for this year on Friday, capping a week of dour commentary from the industry that has been under pressure from high deposit costs.

Other symbols: CMAHBANRFSTT
2 months ago - Reuters

Fifth Third Reports Fourth Quarter 2023 Diluted Earnings Per Share of $0.72

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB):               Key Financial Data       Key Highlights                 $ in millions for all balance sheet and income statement items   ...

2 months ago - Business Wire

For Fifth Consecutive Year, Fifth Third Private Bank Recognized as Best Private Bank

CINCINNATI--(BUSINESS WIRE)--Fifth Third Private Bank, a division of Fifth Third Bank, National Association, was named for the fifth consecutive year as a Best Private Bank (US, Regional). In addition...

2 months ago - Business Wire

Banks will have to navigate a fair amount of uncertainty next year, says Fifth Third Bank CEO

Timothy Spence, Fifth Third Bank CEO, joins 'Squawk on the Street' to discuss how Spence is considering the range of outcomes for rates and inflation next year, Fifth Third's customer behavior, and ho...

3 months ago - CNBC Television

Fifth Third Earns Highest Marks in Human Rights Campaign's 2023 Corporate Equality Index

CINCINNATI--(BUSINESS WIRE)--Fifth Third continues its commitment to LGBTQ+ workplace equality with a Corporate Equality Index score of 100 for eighth consecutive year.

3 months ago - Business Wire

Fifth Third Announces Leadership Changes

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced the following executive leadership changes that will take effect January 2, 2024. The Board of Directors voted to appoin...

3 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fifth Third Bancorp - FITB

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Fifth Third Bancorp ("Fifth Third" or the "Company") (NASDAQ: FITB). Such investors are advised...

3 months ago - PRNewsWire

Fifth Third Awards $53,000 Grants to Three Small Businesses

CINCINNATI--(BUSINESS WIRE)--For two weeks in November, Fifth Third Bank employees showed their love for their local small businesses by entering them in a sweepstakes to win a $53,000 grant – to be u...

3 months ago - Business Wire

Fifth Third Bank Named ‘Bank of the Year U.S.' by The Banker

CINCINNATI--(BUSINESS WIRE)--Fifth Third is proud to announce it has been named “Bank of the Year” for the U.S. 2023 by The Banker. This annual award program recognizes industry-wide excellence within...

4 months ago - Business Wire

Fifth Third Named to Top Lists by Forbes, Time

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, has been named to the Forbes Best Brands for Customer Service 2024 list and TIME World's Best Companies 2023 list. This is the firs...

4 months ago - Business Wire

ROSEN, A LEADING LAW FIRM, Encourages Fifth Third Bancorp Investors to Inquire About Securities Class Action Investigation - FITB

NEW YORK , Nov. 29, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Fifth Third Banc...

4 months ago - PRNewsWire

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 2023 Goldman Sachs U.S. Financial Services Conference on December 6, 2023 at approximately 8:00 AM ET. Tim Spenc...

4 months ago - Business Wire

FITB INVESTOR NEWS: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Fifth Third Bancorp Investors to Inquire About Securities Class Action Investigation – FITB

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Fifth Third Bancorp (NASDAQ: F...

4 months ago - Business Wire

Fifth Third Kicks Off Inaugural ‘Love, Fifth Third' Small Business Appreciation Campaign

CINCINNATI--(BUSINESS WIRE)--Small businesses across Fifth Third's footprint are going to feel the love leading up to and during the Thanksgiving shopping weekend. Until Nov. 27, Fifth Third employees...

4 months ago - Business Wire

JPMorgan's and PNC's mixed outlook on net interest income draws attention from analyst after industry gathering

Big U.S. banks have signaled that they expect net interest income to bottom out in the next few quarters as they keep an eye on whether the cost of consumer deposits will come down, a bank analyst sai...

Other symbols: BKFHNGSJPMKEYMSPNC
5 months ago - Market Watch