Fifth Third Bancorp (FITB)
NASDAQ: FITB · IEX Real-Time Price · USD
36.90
+0.08 (0.22%)
At close: Apr 26, 2024, 4:00 PM
37.18
+0.28 (0.76%)
After-hours: Apr 26, 2024, 7:36 PM EDT

Fifth Third Bancorp Statistics

Total Valuation

FITB has a market cap or net worth of $25.22 billion. The enterprise value is $41.59 billion.

Market Cap 25.22B
Enterprise Value 41.59B

Important Dates

The last earnings date was Friday, April 19, 2024, before market open.

Earnings Date Apr 19, 2024
Ex-Dividend Date Mar 27, 2024

Share Statistics

FITB has 683.55 million shares outstanding. The number of shares has decreased by -1.05% in one year.

Shares Outstanding 683.55M
Shares Change (YoY) -1.05%
Shares Change (QoQ) +0.10%
Owned by Insiders (%) 0.57%
Owned by Institutions (%) 85.36%
Float 679.59M

Valuation Ratios

The trailing PE ratio is 11.46 and the forward PE ratio is 11.27. FITB's PEG ratio is 3.44.

PE Ratio 11.46
Forward PE 11.27
PS Ratio 3.09
Forward PS 2.88
PB Ratio 1.32
P/FCF Ratio 6.19
PEG Ratio 3.44
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.06, with an EV/FCF ratio of 10.17.

EV / Earnings 18.80
EV / Sales 5.08
EV / EBITDA 12.06
EV / EBIT 13.92
EV / FCF 10.17

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.01
Debt / EBITDA 5.63
Debt / FCF 4.75
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 12.30% and return on invested capital (ROIC) is 6.08%.

Return on Equity (ROE) 12.30%
Return on Assets (ROA) 1.00%
Return on Capital (ROIC) 6.08%
Revenue Per Employee $437,567
Profits Per Employee $118,137
Employee Count 18,724
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, FITB has paid $639.00 million in taxes.

Income Tax 639.00M
Effective Tax Rate 22.41%

Stock Price Statistics

The stock price has increased by +44.25% in the last 52 weeks. The beta is 1.27, so FITB's price volatility has been higher than the market average.

Beta (1Y) 1.27
52-Week Price Change +44.25%
50-Day Moving Average 35.47
200-Day Moving Average 30.48
Relative Strength Index (RSI) 59.38
Average Volume (30 Days) 5,273,374

Short Selling Information

The latest short interest is 24.67 million, so 3.61% of the outstanding shares have been sold short.

Short Interest 24.67M
Short Previous Month 25.61M
Short % of Shares Out 3.61%
Short % of Float 3.63%
Short Ratio (days to cover) 4.34

Income Statement

In the last 12 months, FITB had revenue of $8.19 billion and earned $2.21 billion in profits. Earnings per share was $3.22.

Revenue 8.19B
Gross Profit 8.19B
Operating Income 2.99B
Pretax Income 2.99B
Net Income 2.21B
EBITDA 3.45B
EBIT 2.99B
Earnings Per Share (EPS) $3.22
Full Income Statement

Balance Sheet

The company has $3.14 billion in cash and $19.43 billion in debt, giving a net cash position of -$16.29 billion or -$23.83 per share.

Cash & Cash Equivalents 3.14B
Total Debt 19.43B
Net Cash -16.29B
Net Cash Per Share -$23.83
Equity / Book Value 19.17B
Book Value Per Share 28.05
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.51 billion and capital expenditures -$421.00 million, giving a free cash flow of $4.09 billion.

Operating Cash Flow 4.51B
Capital Expenditures -421.00M
Free Cash Flow 4.09B
FCF Per Share $5.98
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 36.47% and 27.00%.

Gross Margin 100.00%
Operating Margin 36.47%
Pretax Margin 36.47%
Profit Margin 27.00%
EBITDA Margin 42.11%
EBIT Margin 36.47%
FCF Margin 49.90%

Dividends & Yields

This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 3.79%.

Dividend Per Share $1.40
Dividend Yield 3.79%
Dividend Growth (YoY) 6.98%
Years of Dividend Growth 13
Payout Ratio 43.48%
Buyback Yield 1.05%
Shareholder Yield 4.83%
Earnings Yield 8.74%
FCF Yield 16.16%
Dividend Details

Analyst Forecast

The average price target for FITB is $38.07, which is 3.17% higher than the current price. The consensus rating is "Buy".

Price Target $38.07
Price Target Difference 3.17%
Analyst Consensus Buy
Analyst Count 15
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 1.26%
Stock Forecasts

Stock Splits

The last stock split was on July 17, 2000. It was a forward split with a ratio of 3:2.

Last Split Date Jul 17, 2000
Split Type Forward
Split Ratio 3:2

Scores

Altman Z-Score n/a
Piotroski F-Score 6