Fifth Third Bancorp (FITB)

NASDAQ: FITB · IEX Real-Time Price · USD
49.58 -0.88 (-1.73%)
Jan 18, 2022 1:39 PM EST - Market open
Market Cap33.84B
Revenue (ttm)8.21B
Net Income (ttm)2.60B
Shares Out682.51M
EPS (ttm)3.62
PE Ratio13.70
Forward PE13.19
Dividend$1.14 (2.30%)
Ex-Dividend DateDec 30, 2021
Volume3,034,947
Open50.48
Previous Close50.45
Day's Range49.31 - 50.64
52-Week Range28.25 - 50.64
Beta1.45
AnalystsBuy
Price Target50.10 (+1.1%)
Earnings Daten/a

About FITB

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of September 30, 2021, the Company had $208 billion in assets and operates 1,100 full-service Banking Centers, and 2,336 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to appro...

IndustryBanks
Founded1858
CEOGregory Carmichael
Employees19,171
Stock ExchangeNASDAQ
Ticker SymbolFITB
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for FITB stock is "Buy." The 12-month stock price forecast is 50.10, which is an increase of 1.06% from the latest price.

Price Target
$50.10
(1.06% upside)
Analyst Consensus: Buy

News

What to Expect From Fifth Third (FITB) This Earnings Season

Fifth Third's (FITB) Q4 earnings are likely to reflect growth in net interest and non-interest income, amid rising cost woes on technological investment.

3 days ago - Zacks Investment Research

Fifth Third Bancorp (FITB) Earnings Expected to Grow: Should You Buy?

Fifth Third Bancorp (FITB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 days ago - Zacks Investment Research

UBS analyst Erika Najarian initiates coverage of large cap regional banks

UBS on Thursday launched coverage of seven banks, including five with buy ratings and two with hold ratings, as the group is poised to benefit from higher interest rates. Analyst Erika Najarian said she...

Other symbols:CFGFRCKEYMTBRF
5 days ago - Market Watch

Stock Market Today: Health Insurers Lead Another Slide in Stocks

Stocks remained in the red for another session Thursday but at least largely slowed their downward momentum.

Other symbols:ANTMCIHUMPNCUNH
1 week ago - Kiplinger

5 Bank Stocks to Buy as Fed Signals Faster Rate Hikes

The Fed is signaling a more hawkish stance, leading to a faster-than-expected hike in interest rates. Banks including Comerica (CMA), Fifth Third Bancorp (FITB), Wells Fargo (WFC), East West Bancorp (EW...

Other symbols:CMAEWBCWALWFC
1 week ago - Zacks Investment Research

The Fifth Third Foundation Announces More Than $23 Million in 2021 Grants

CINCINNATI--(BUSINESS WIRE)--The Fifth Third Foundation at Fifth Third Bank, National Association, has announced grants of more than $23 million in 2021.

3 weeks ago - Business Wire

5 Bank Stocks Poised to Continue Their Winning Streaks in 2022

Banks like Fifth Third Bancorp (FITB), Wells Fargo (WFC), Hancock Whitney (HWC), Southside Bancshares (SBSI) and Western Alliance (WAL) are expected to benefit from higher interest rates and robust econ...

Other symbols:HWCSBSIWALWFC
3 weeks ago - Zacks Investment Research

Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $5.2 Million in 2021 Grants

CINCINNATI--(BUSINESS WIRE)--Eight private family foundations in The Foundation Office at Fifth Third Bank, N.A., have announced grants of more than $5.2 million in 2021.

3 weeks ago - Business Wire

Fifth Third's Community Development Lending and Investments Group Funds More than $500 Million in 2021 Projects

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank's Community Development Lending and Investments group has closed on more than $500 million in loans and investments in 2021.

1 month 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 shares, ...

1 month ago - Business Wire

Fifth Third Earns Recognition as ESG Leader with Third Consecutive Leadership Score from CDP

CINCINNATI--(BUSINESS WIRE)--Fifth Third Earns Recognition as ESG Leader With Third Consecutive Leadership Score from CDP

1 month ago - Business Wire

Here's Why You Should Hold Fifth Third (FITB) Stock for Now

While efforts to expand the fee-income base on strategic investments will support Fifth Third's (FITB) revenue growth, elevated expenses might hinder bottom-line expansion in the upcoming period.

1 month ago - Zacks Investment Research

Fifth Third Bancorp Announces Redemption of Senior Notes due March 15, 2022

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that it has submitted a redemption notice to the trustee for redemption of all of its outstanding 3.500% fixed rate senior...

1 month ago - Business Wire

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 2021 Goldman Sachs U.S. Financial Services Conference on December 8, 2021 at approximately 8:40 AM ET. Tim Spence,...

1 month ago - Business Wire

3 Financial Stocks On Sale This Black Friday

Scoop Up These Top Names at a Bargain

Other symbols:EVRSCHW
1 month ago - Zacks Investment Research

Fifth Third Bancorp 2020 Environmental, Social and Governance Report Earns Five MarCom Awards

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that its 2020 Environmental, Social and Governance Report, published in June 2021, has earned five MarCom Awards. The 2020...

1 month ago - Business Wire

Fifth Third Bank Announces Redemption of Senior Bank Notes due February 1, 2022

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that its subsidiary, Fifth Third Bank, National Association (the “Bank”), has submitted a redemption notice to the issuing...

1 month ago - Business Wire

Why Is Fifth Third Bancorp (FITB) Down 3.1% Since Last Earnings Report?

Fifth Third Bancorp (FITB) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Fifth Third Bank Names Craig Harter as Head of Automotive Lending

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank names Craig Harter as Head of Automotive Lending

2 months ago - Business Wire

Fifth Third Bank Announces Second Special Payment to its Front-line Employees

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank Announces Second Special Payment to its Front-line Employees

2 months ago - Business Wire

Fifth Third Provides $130,000 in Technology Grants To Boost Access at Young Bankers Club Schools

CINCINNATI--(BUSINESS WIRE)-- #youngbankersclub--Fifth Third Provides $130,000 in Technology Grants To Boost Access at Active Young Bankers Club Schools and Organizations

2 months ago - Business Wire

Fifth Third Issues Inaugural $500 Million Green Bond

CINCINNATI--(BUSINESS WIRE)--Fifth Third Issues Inaugural $500 Million Green Bond

2 months ago - Business Wire

Fifth Third Bancorp to Attend BancAnalysts Association of Boston Conference

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2021 BancAnalysts Association of Boston Conference on November 5, 2021 at approximately 8:50 AM ET. Tim Spence, pr...

2 months ago - Business Wire

Fifth Third Bank CEO Greg Carmichael Honored as Responsible CEO of the Year for Community Impact

NORTHAMPTON, Mass. & CINCINNATI--(BUSINESS WIRE)-- #BankOn--Fifth Third Bank Chairman and CEO Greg Carmichael has been named 2021 Responsible CEO of the Year for Community Impact.

2 months ago - Business Wire

Fifth Third Bancorp (FITB) Surpasses Q3 Earnings and Revenue Estimates

Fifth Third Bancorp (FITB) delivered earnings and revenue surprises of 3.30% and 1.67%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research