Fifth Third Bancorp (FITB)

NASDAQ: FITB · IEX Real-Time Price · USD
+0.55 (1.82%)
At close: Dec 7, 2023, 4:00 PM
+0.06 (0.19%)
After-hours: Dec 7, 2023, 6:44 PM EST
Market Cap 20.61B
Revenue (ttm) 8.22B
Net Income (ttm) 2.42B
Shares Out 681.02M
EPS (ttm) 3.52
PE Ratio 8.75
Forward PE 9.41
Dividend $1.40 (4.54%)
Ex-Dividend Date Sep 28, 2023
Volume 4,949,078
Open 30.40
Previous Close 30.26
Day's Range 30.20 - 30.88
52-Week Range 22.11 - 38.06
Beta 1.30
Analysts Buy
Price Target 33.63 (+9.15%)
Earnings Date Jan 19, 2024

About FITB

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. 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 le... [Read more]

Sector Financials
Founded 1858
Employees 19,319
Stock Exchange NASDAQ
Ticker Symbol FITB
Full Company Profile

Financial Performance

In 2022, FITB's revenue was $7.81 billion, a decrease of -5.48% compared to the previous year's $8.27 billion. Earnings were $2.33 billion, a decrease of -12.37%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for FITB stock is "Buy." The 12-month stock price forecast is $33.63, which is an increase of 9.15% from the latest price.

Price Target
(9.15% upside)
Analyst Consensus: Buy
Stock Forecasts


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...

6 days 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...

7 days 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...

8 days ago - PRNewsWire

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

NEW YORK , Nov. 28, 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...

9 days 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...

10 days 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...

16 days 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...

22 days 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...

4 weeks ago - Market Watch

Fifth Third Bank Signs Naming Rights Deal for Future Home of Spartanburg's Professional Baseball Club

SPARTANBURG, S.C.--(BUSINESS WIRE)--Fifth Third Bank has agreed to a multi-year agreement with Diamond Baseball Holdings, an organization that owns and operates select Minor League clubs affiliated wi...

5 weeks ago - Business Wire

Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says

The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.

5 weeks ago - Market Watch

Fifth Third Bancorp to Participate in the BancAnalysts Association of Boston Conference

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2023 BancAnalysts Association of Boston Conference on November 3, 2023 at approximately 7:30 AM ET. Jamie Leonar...

5 weeks ago - Business Wire

Fifth Third's Virtual Assistant Jeanie® Now Understands 30,000 Phrases, Has More Capabilities to Help Customers

CINCINNATI--(BUSINESS WIRE)--When Fifth Third launched its mobile app virtual assistant Jeanie in May of 2020 she had the ability to understand 35 different customer intents – what they are asking for...

6 weeks ago - Business Wire

Regional Bank Stocks' Gains Belie Their Q3 Results

From a stock market standpoint, regional U.S. banks have stabilized after this spring's banking turmoil. But that recovery belies their deteriorating financial performance.

Other symbols: EWBCKEYKRETFC
7 weeks ago - Investopedia

Fifth Third Bank CEO: Our credit metrics have been very well behaved as delinquencies declined

Fifth Third Bank CEO Timothy Spence joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the lower-than-expected credit provisions, and the risks Fifth Third is willing to...

7 weeks ago - CNBC Television

Fifth Third expects further interest income weakness after quarterly profit falls

Fifth Third Bancorp said on Thursday it expects interest income (NII) to decline again in the current quarter after posting a 1.3% fall in third-quarter profit.

7 weeks ago - Reuters

Fifth Third Reports Third Quarter 2023 Diluted Earnings Per Share of $0.91

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

7 weeks ago - Business Wire

CFRA's Ken Leon says deposit risks are still a concern for regional banks

Ken Leon, CFRA Director of Equity Research, joins 'Closing Bell: Overtime' to discuss bank earnings and what to expect next week from regionals.

Other symbols: KEYKREUSBXLF
7 weeks ago - CNBC Television

U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

The U.S. Securities and Exchange Commission (SEC) is finalizing settlements with around two dozen Wall Street firms to resolve investigations into record-keeping lapses, said two people with knowledge...

2 months ago - Reuters

Fifth Third Bancorp Increases Quarterly Cash Dividend on its Common Shares 2 cents, or 6%, to $0.35 per Share

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...

3 months ago - Business Wire

Jamie Dimon sounds off on bank regulation

CNBC's Leslie Picker joins 'Closing Bell' to discuss comments from JPMorgan Chase CEO Jamie Dimon.

3 months ago - CNBC Television

Why these investors love bank stocks

Banks currently are the industry group that is most popular with the top-performing newsletters that my auditing firm monitors.

3 months ago - Market Watch

Fifth Third Bank Certifies 25 Graduates of its Empowering Community Leaders Program

CINCINNATI--(BUSINESS WIRE)--Fifth Third congratulates the 25 community leaders who have completed the Bank's 18-month Empowering Community Leaders career development growth program. A Harvard Kennedy...

3 months ago - Business Wire

Here's how much regional banks could lose under new liquidity rules

The U.S. Federal Reserve has warned regional banks about stricter liquidity requirements in a fresh regulatory push that will impact 2024 earnings of six affected banks, an analyst at J.P. Morgan said...

3 months ago - Market Watch

Fed Wants Regional Banks to Shore Up Liquidity

US regulators are quietly demanding that regional lenders shore up their liquidity planning, part of a ramp-up in efforts to tighten supervision in the wake of three bank failures earlier this year. B...

3 months ago - Bloomberg Markets and Finance

Fifth Third Offers Tips to Set Up New College Students for Financial Success and Independence

CINCINNATI--(BUSINESS WIRE)--Currently, only 23 states require a personal finance course in high school, according to Next Gen Personal Finance. That means the responsibility of teaching recent high s...

3 months ago - Business Wire