Fifth Third Bancorp (FITB)
| Market Cap | 22.53B |
| Revenue (ttm) | 7.72B |
| Net Income (ttm) | 2.26B |
| Shares Out | 689.28M |
| EPS (ttm) | 3.24 |
| PE Ratio | 10.15 |
| Forward PE | 8.88 |
| Dividend | $1.23 (3.74%) |
| Ex-Dividend Date | Sep 29, 2022 |
| Volume | 4,616,783 |
| Open | 33.03 |
| Previous Close | 32.82 |
| Day's Range | 32.62 - 33.14 |
| 52-Week Range | 30.92 - 50.64 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 41.51 (+26.2%) |
| Earnings Date | Jan 19, 2023 |
About FITB
Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people, and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taki... [Read more]
Financial Performance
In 2021, FITB's revenue was $8.27 billion, an increase of 26.86% compared to the previous year's $6.52 billion. Earnings were $2.77 billion, an increase of 94.11%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for FITB stock is "Buy." The 12-month stock price forecast is 41.51, which is an increase of 26.21% from the latest price.
News
Fifth Third offers tips on how to keep your money, credit and identity safe during the holiday shopping season
CINCINNATI--( BUSINESS WIRE )--The rise of online and mobile banking and electronic financial transactions have made life easier for consumers. However, without proper security measures, they can put yo...
Fifth Third Bank and PrimeRevenue Team on Supply Chain Finance
Fifth Third Bank has teamed with PrimeRevenue to offer working capital and trade payables solutions. With this collaboration, the bank will use the working capital and B2B payment solutions provider's ...
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 2022 Goldman Sachs U.S. Financial Services Conference on December 7, 2022 at approximately 8:00 AM ET. Tim Spenc...
Fifth Third Bank Launches Redesigned, Enhanced Mobile App
CINCINNATI--( BUSINESS WIRE )--Fifth Third Bank, National Association, has rolled out a new mobile banking app, its inaugural cloud-first application, which is designed to give customers an entirely new...
Fifth Third Bank Expands Cash/Back Credit Card Suite
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, is complementing its flagship 1.67% Cash/Back Card with the launch of a new lend-centric credit card that enhances and expands its Ca...
Fifth Third Bank Launches Fifth Third Wealth Advisors®
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, today announced the launch of an independent Registered Investment Advisor, Fifth Third Wealth Advisors.
Fifth Third Bank to Increase Prime Lending Rate to 7.00%
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, today announced it will increase its prime lending rate to 7.00%, effective immediately.
Fifth Third Bancorp to Attend BancAnalysts Association of Boston Conference
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2022 BancAnalysts Association of Boston Conference on November 4, 2022 at approximately 11:20 AM ET.
We've been around for 160 years and this is our best year ever, says Fifth Third Bancorp CEO
Tim Spence, Fifth Third Bancorp CEO, joins 'Closing Bell' to discuss the recent performance of regional banks, his thoughts on Fifth Third's recent deposit growth and Spence's sense of current macroecon...
Fifth Third (FITB) Q3 Earnings & Revenues Miss Estimates
Fifth Third's (FITB) Q3 earnings hurt by a significant fall in the fee income and higher provision for credit losses. A decline in deposits and deteriorating credit metrics have been other concerns.
Fifth Third Bancorp (FITB) Q3 Earnings and Revenues Miss Estimates
Fifth Third Bancorp (FITB) delivered earnings and revenue surprises of -5.10% and 0.93%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Fifth Third Announces Third Quarter 2022 Results
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB): Key Highlights Select Business Highlights: Generated consumer household growth of 3% compared to 3Q21 Increased quarterly cash dividend o...
Insiders Love These 2 Dividends (Growing 275%+)
We have plenty of cheap dividend stocks to buy today.
Fifth Third Bank offers tips to protect yourself and your money
CINCINNATI--(BUSINESS WIRE)--When it comes to your identity and your money, you want to make sure you have the right tools and knowledge to keep them secure.
Key Factors to Note for Fifth Third's (FITB) Q3 Earnings
Despite a favorable lending environment, Fifth Third's (FITB) Q3 earnings are expected to have been affected by a decline in service charges on deposits, and wealth and asset management revenues.
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.
Bank Stocks Have Gotten Slammed. Here Are 4 Worth a Look Ahead of Earnings.
To those who have never experienced a run-of-the-mill recession, everything looks like a crisis. That could mean bank stocks are due for a run-up.
Fifth Third Foundation Donates $500,000 for Hurricane Relief in Florida
CINCINNATI--(BUSINESS WIRE)--The Fifth Third Foundation has contributed $500,000 to support relief efforts for those impacted by Hurricane Ian, which made landfall in Florida on Sept. 28. Tim Spence, pr...
Fifth Third Foundation and National Urban League Mark Workforce Development Month, Celebrate Success of Workforce Dev...
CINCINNATI--(BUSINESS WIRE)--The Fifth Third Foundation and the National Urban League are commemorating September's Workforce Development Month by announcing results from the first year of a collaborati...
Fifth Third Bank to Increase Prime Lending Rate to 6.25%
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, today announced it will increase its prime lending rate to 6.25%, effective immediately. The rate was last changed on July 27, 2022, ...
Fifth Third Bank Launches Mortgage Warehouse Finance Business
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, is proud to launch its Mortgage Warehouse Finance business to meet the needs of independent mortgage bankers. As one of the largest r...
The regional banks have low cost deposits and margins that will improve, says RBC's Cassidy
Gerard Cassidy, RBC Capital Markets head of U.S. bank equity strategy and large cap bank analyst, joins 'The Exchange' to discuss the big banks if M&A activity slows down, which banks investors should c...
Buy These 5 Stocks That Recently Declared Dividend Hikes
U.S. Bancorp (USB), PACCAR (PCAR), World Fuel Services Corporation (INT), Fifth Third Bancorp (FITB) and Verizon Communications (VZ) hiked their dividends.
Fifth Third Bancorp Increases Quarterly Cash Dividend on its Common Shares 3 cents, or 10%, to $0.33 per Share
CINCINNATI--(BUSINESS WIRE)--Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, ...
Fifth Third Bancorp to Participate in the Barclays Global Financial Services Conference
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2022 Barclays Global Financial Services Conference on September 14, 2022, at approximately 7:30 AM ET. Tim Spence,...