Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
FITB

FITB - Fifth Third Bancorp Stock Price, Fair Value and News

38.59USD-0.01 (-0.03%)Market Closed

Market Summary

FITB
USD38.59-0.01
Market Closed
-0.03%

FITB Alerts

  • 3 major insider sales recently.
  • Big fall in Revenue (Y/Y)

FITB Stock Price

View Fullscreen

FITB RSI Chart

FITB Valuation

Market Cap

26.4B

Price/Earnings (Trailing)

11.42

Price/Sales (Trailing)

3.2

EV/EBITDA

4.29

Price/Free Cashflow

8.43

FITB Price/Sales (Trailing)

FITB Profitability

EBT Margin

35.47%

Return on Equity

12.15%

Return on Assets

1.08%

Free Cashflow Yield

11.86%

FITB Fundamentals

FITB Revenue

Revenue (TTM)

8.3B

Rev. Growth (Yr)

-67.92%

Rev. Growth (Qtr)

-73.18%

FITB Earnings

Earnings (TTM)

2.3B

Earnings Growth (Yr)

-6.81%

Earnings Growth (Qtr)

-1.89%

Breaking Down FITB Revenue

Last 7 days

-0.5%

Last 30 days

13.2%

Last 90 days

13.7%

Trailing 12 Months

53.3%

How does FITB drawdown profile look like?

FITB Financial Health

Debt/Equity

0.81

Debt/Cashflow

0.23

FITB Investor Care

Dividend Yield

3.58%

Dividend/Share (TTM)

1.38

Shares Dilution (1Y)

0.49%

Diluted EPS (TTM)

3.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.3B000
20237.5B8.4B9.2B9.8B
20225.2B5.3B5.8B6.6B
20215.3B5.3B5.2B5.2B
20206.3B6.1B5.8B5.6B
20195.4B5.8B6.1B6.3B
20184.6B4.8B4.9B5.2B
20174.2B4.3B4.4B4.5B
20164.1B4.1B4.2B4.2B
20154.0B4.0B4.0B4.0B
20144.0B4.0B4.0B4.0B
20134.1B4.0B4.0B4.0B
20124.2B004.1B
20114.7B004.2B
20105.0B3.0B3.0B4.7B
20094.9B6.7B6.0B5.0B
200805.9B5.7B5.6B
20070006.0B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Fifth Third Bancorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 13, 2024
feiger mitchell stuart
sold
-307,628
38.4535
-8,000
-
May 13, 2024
feiger mitchell stuart
sold
-303,783
38.4535
-7,900
-
May 13, 2024
feiger mitchell stuart
sold
-1,152,900
38.43
-30,000
-
May 13, 2024
feiger mitchell stuart
sold
-267,159
38.4512
-6,948
-
May 13, 2024
feiger mitchell stuart
sold
-890,849
38.46
-23,163
-
May 01, 2024
schramm jude
sold
-93,750
37.5
-2,500
evp & cio
Apr 23, 2024
garrett kristine r.
sold
-274,457
36.5942
-7,500
evp
Apr 22, 2024
gibson kala
sold
-540,549
36.3834
-14,857
evp
Apr 16, 2024
benitez jorge l.
acquired
-
-
4,107
-
Apr 16, 2024
harvey thomas h
acquired
-
-
4,107
-

1–10 of 50

Which funds bought or sold FITB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 17, 2024
Plato Investment Management Ltd
new
-
639,045
639,045
0.07%
May 17, 2024
Aspect Partners, LLC
unchanged
-
179
2,456
-%
May 17, 2024
Advisory Resource Group
added
3.51
470,899
4,503,410
1.03%
May 17, 2024
New Covenant Trust Company, N.A.
new
-
242,237
242,237
0.24%
May 16, 2024
Dynasty Wealth Management, LLC
new
-
265,438
265,438
0.01%
May 16, 2024
B. Riley Wealth Advisors, Inc.
reduced
-2.27
-280,080
721,471
0.02%
May 16, 2024
Ancora Advisors LLC
reduced
-1.69
24,842
434,203
0.01%
May 16, 2024
Tidal Investments LLC
reduced
-2.99
34,158
779,452
0.01%
May 16, 2024
FSA Wealth Management LLC
reduced
-7.18
810
293,810
0.13%
May 16, 2024
EJF Capital LLC
reduced
-10.57
-23,459
644,440
0.45%

1–10 of 42

Are Funds Buying or Selling FITB?

Are funds buying FITB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FITB
No. of Funds

Unveiling Fifth Third Bancorp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
price t rowe associates inc /md/
6.2%
42,325,627
SC 13G/A
Feb 13, 2024
vanguard group inc
12.82%
87,331,391
SC 13G/A
Feb 09, 2024
capital world investors
6.0%
41,132,965
SC 13G
Jan 25, 2024
blackrock inc.
8.4%
56,953,542
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
5.5%
37,477,138
SC 13G/A
Feb 09, 2023
vanguard group inc
12.59%
86,386,101
SC 13G/A
Feb 03, 2023
blackrock inc.
8.1%
55,318,723
SC 13G/A
Feb 01, 2023
state street corp
4.58%
31,431,281
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
6.9%
47,228,752
SC 13G/A
Feb 11, 2022
state street corp
5.10%
34,876,408
SC 13G/A

Recent SEC filings of Fifth Third Bancorp

View All Filings
Date Filed Form Type Document
May 15, 2024
4
Insider Trading
May 13, 2024
144
Notice of Insider Sale Intent
May 07, 2024
10-Q
Quarterly Report
May 02, 2024
4
Insider Trading
May 01, 2024
144
Notice of Insider Sale Intent
Apr 23, 2024
13F-HR
Fund Holdings Report
Apr 23, 2024
144
Notice of Insider Sale Intent
Apr 23, 2024
4
Insider Trading
Apr 22, 2024
4
Insider Trading
Apr 22, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Fifth Third Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
588.1B
174.7B
13.73% 46.82%
11.68
3.37
53.11% 19.83%
307.4B
137.9B
11.58% 38.08%
12.28
2.23
56.12% -12.56%
213.0B
85.8B
6.86% 51.95%
11.35
2.48
35.02% 26.14%
122.2B
125.0B
10.16% 38.13%
15.29
0.98
37.85% -
16.9B
10.4B
12.51% 41.04%
11.81
1.62
26.22% -33.87%
14.5B
8.1B
6.72% 53.23%
16.61
1.78
32.15% -50.93%
MID-CAP
7.3B
4.2B
10.08% 41.38%
10.46
1.71
34.68% -45.96%
6.6B
4.1B
14.23% 65.05%
10.55
1.63
32.93% -30.73%
3.5B
1.3B
13.35% 57.95%
12.32
2.65
30.60% -12.99%
3.4B
2.0B
11.57% 43.03%
20.88
1.65
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
417.1M
173.1M
15.06% 27.00%
14.3
2.41
26.54% -34.86%
390.4M
152.4M
-0.90% 32.84%
39.27
2.56
16.94% -73.84%
295.5M
98.7M
10.19% 20.01%
10.04
2.99
6.27% -22.90%
48.0M
62.5M
8.95% -1.75%
-16.24
0.77
18.83% -145.18%

Fifth Third Bancorp News

Latest updates
Defense World • 12 hours ago
MarketBeat • 16 May 2024 • 11:32 pm
Defense World • 15 May 2024 • 12:08 pm
Yahoo Singapore News • 14 May 2024 • 08:12 am
Seeking Alpha • 24 Apr 2024 • 07:00 am
Morningstar • 19 Apr 2024 • 07:00 am

Fifth Third Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-73.2%7102,6482,5292,3702,2132,0751,7601,4641,2891,2951,2921,3231,3021,3151,3291,4031,5251,5601,6251,6361,433
EBITDA Margin15.9%1.10*0.95*1.06*1.16*1.27*1.39*1.47*1.55*1.61*1.66*1.66*----------
Interest Expenses-2.2%1,3841,4161,4381,4571,5171,5771,4981,3391,1951,1971,1891,2081,1761,1831,1701,2001,2291,2281,2421,2451,082
Income Taxes15.5%13812018617416017619216211816519120218914216549.0014.00206140124221
Earnings Before Taxes1.3%65865084677571891384572461282889591188374774624460.00941689577996
EBT Margin15.8%0.35*0.31*0.35*0.39*0.43*0.47*0.52*0.57*0.62*0.67*0.66*----------
Net Income-1.9%52053066060155873765356249466370470969460558119546.00735549453775
Net Income Margin16.3%0.28*0.24*0.28*0.30*0.33*0.37*0.41*0.45*0.49*0.53*0.52*----------
Free Cashflow-83.5%3211,9465193451,2081,9651,6138781,6241,2571,141----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.0%214,506214,574212,967207,276208,657207,452205,463206,782211,459211,116207,731205,390206,899204,680201,996202,906185,391169,369171,079168,80220,000
    Cash Equivalents-11.0%2,7963,1422,8372,5942,7803,4663,0683,4373,0492,9943,2133,2853,1223,1472,9963,2213,2823,2783,2612,764-
  Net PPE1.1%2,3762,3492,3032,2752,2192,1872,1552,1182,1022,1202,1012,0732,0722,0882,0902,0532,0091,9952,0532,0742,092
  Goodwill0.0%4,9184,9194,9194,9194,9154,9154,9254,9264,5144,5144,5144,2594,2594,2584,2614,2614,2614,2524,2904,2841,786
Liabilities0.0%195,488195,402196,423189,467190,293190,125188,727187,812191,282188,906185,207182,464184,304181,569179,045180,571163,518148,166149,675148,131148,009
  Long Term Debt-5.7%15,44416,38016,31012,27812,89313,71411,71210,99010,81511,82111,41912,36414,74314,97315,12316,32716,28214,97014,47415,78415,483
Shareholder's Equity-0.8%19,01819,17216,54417,80918,36417,32716,73618,97020,17722,21022,52422,92622,59523,11122,95122,33521,87321,20321,40420,67119,844
  Retained Earnings1.0%23,22422,99722,74722,36622,03221,68921,21920,81820,50120,23619,81719,34318,86318,38418,01017,64317,67718,31517,78617,43117,184
  Additional Paid-In Capital-0.4%3,7423,7573,7333,7083,6823,6843,6603,6363,6153,6243,6113,6023,5923,6353,6243,6033,5973,5993,5893,5723,444
Shares Outstanding0.4%684681681681681683689689688702707709---------
Minority Interest--------------------197197
Float----15,510---20,129---23,662---12,243---18,261-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-81.4%3862,0726364801,3212,0731,7109581,6871,3421,239489-366-1,64463.001,5194331,379-363274534
  Share Based Compensation128.6%64.0028.0030.0035.0076.0028.0030.0028.0079.0020.0021.0024.0055.0023.0023.0024.0053.0023.0025.0030.0054.00
Cashflow From Investing72.5%-229-833-6,693401-2,363-3,774-1,7242,244-1,617-5,643-2,7132,710-2,322-3091,098-18,510-14,181530-1,159953-1,121
Cashflow From Financing46.1%-503-9346,300-1,0673562,099-355-2,814-15.004,0821,402-3,0362,6632,104-1,38616,93013,752-1,8922,019-1,212655
  Dividend Payments4.0%287276225265294227228242230243210229215229212227190207238165143
  Buy Backs-----200100---316550347180----300350200913
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

FITB Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest Income  
Interest and fees on loans and leases$ 1,859$ 1,714
Interest on securities455439
Interest on other short-term investments29460
Total interest income2,6082,213
Interest Expense  
Interest on deposits954478
Interest on federal funds purchased35
Interest on other short-term borrowings4757
Interest on long-term debt220156
Total interest expense1,224696
Net Interest Income1,3841,517
Provision for credit losses94164
Net Interest Income After Provision for Credit Losses1,2901,353
Noninterest Income  
Wealth and asset management revenue161146
Service charges on deposits151137
Commercial banking revenue143161
Card and processing revenue102100
Mortgage banking net revenue5469
Leasing business revenue3957
Other noninterest income5022
Securities gains, net104
Securities gains, net – non-qualifying hedges on mortgage servicing rights00
Total noninterest income710696
Noninterest Expense  
Compensation and benefits753757
Technology and communications117118
Net occupancy expense8781
Equipment expense3737
Marketing expense2534
Leasing business expense3229
Card and processing expense2022
Other noninterest expense271253
Total noninterest expense1,3421,331
Income Before Income Taxes658718
Applicable income tax expense138160
Net Income520558
Dividends on preferred stock4023
Net Income Available to Common Shareholders$ 480$ 535
Shares Disclosures  
Earnings per share - basic (in dollars per share)$ 0.70$ 0.78
Earnings per share - diluted (in dollars per share)$ 0.70$ 0.78
Average common shares outstanding - basic (in shares)685,749,673684,017,462
Average common shares outstanding - diluted (in shares)690,633,531689,566,425

FITB Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and due from banks$ 2,796$ 3,142
Other short-term investments[1]22,84022,082
Available-for-sale debt and other securities[2]38,79150,419
Held-to-maturity securities[3]11,5202
Trading debt securities1,151899
Equity securities380613
Total loans and leases held for sale[4]339378
Portfolio loans and leases116,485117,234
Allowance for loan and lease losses[1](2,318)(2,322)
Portfolio loans and leases, net114,167114,912
Bank premises and equipment[5]2,3762,349
Operating lease equipment427459
Goodwill4,9184,919
Intangible assets115125
Servicing rights1,7561,737
Other assets[1]12,93012,538
Total Assets214,506214,574
Deposits:  
Noninterest-bearing deposits41,84943,146
Interest-bearing deposits127,738125,766
Total deposits169,587168,912
Federal funds purchased247193
Other short-term borrowings2,8662,861
Accrued taxes, interest and expenses1,9652,195
Other liabilities[1]5,3794,861
Long-term debt[1]15,44416,380
Total Liabilities195,488195,402
Equity  
Common stock[6]2,0512,051
Preferred stock[7]2,1162,116
Capital surplus3,7423,757
Retained earnings23,22422,997
Accumulated other comprehensive loss(4,888)(4,487)
Treasury stock[6](7,227)(7,262)
Total Equity19,01819,172
Total Liabilities and Equity$ 214,506$ 214,574
[1]Includes $48 and $55 of other short-term investments, $1,420 and $1,573 of portfolio loans and leases, $(26) and $(28) of ALLL, $29 and $10 of other assets, $25 and $14 of other liabilities and $1,274 and $1,409 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2024 and December 31, 2023, respectively. For further information, refer to Note 11.
[2]Amortized cost of $43,400 and $55,789 at March 31, 2024 and December 31, 2023, respectively.
[3]Fair value of $11,341 and $2 at March 31, 2024 and December 31, 2023, respectively.
[4]Includes $307 and $334 of residential mortgage loans held for sale measured at fair value at March 31, 2024 and December 31, 2023, respectively.
[5]Includes $16 and $19 of bank premises and equipment held for sale at March 31, 2024 and December 31, 2023, respectively.
[6]Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at March 31, 2024 – 683,812,363 (excludes 240,080,218 treasury shares), December 31, 2023 – 681,124,810 (excludes 242,767,771 treasury shares).
[7]500,000 shares of no par value preferred stock were authorized at both March 31, 2024 and December 31, 2023. There were 422,000 unissued shares of undesignated no par value preferred stock at both March 31, 2024 and December 31, 2023. Each issued share of no par value preferred stock has a liquidation preference of $25,000. 500,000 shares of no par value Class B preferred stock were authorized at both March 31, 2024 and December 31, 2023. There were 300,000 unissued shares of undesignated no par value Class B preferred stock at both March 31, 2024 and December 31, 2023. Each issued share of no par value Class B preferred stock has a liquidation preference of $1,000.
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 leasing, and syndicated finance for business, government, and professional customers. The company's Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses; home equity loans and lines of credit; credit cards; and cash management services. This segment also engages in the residential mortgage that include origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and hedging activities; indirect lending, including extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers, and marine dealers; and home improvement and solar energy installation loans through contractors and installers. Fifth Third Bancorp's Wealth & Asset Management segment provides various wealth management services for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.
 CEO
 WEBSITE53.com
 INDUSTRYBanks Diversified
 EMPLOYEES19225

Fifth Third Bancorp Frequently Asked Questions


What is the ticker symbol for Fifth Third Bancorp? What does FITB stand for in stocks?

FITB is the stock ticker symbol of Fifth Third Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Fifth Third Bancorp (FITB)?

As of Fri May 17 2024, market cap of Fifth Third Bancorp is 26.4 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FITB stock?

You can check FITB's fair value in chart for subscribers.

What is the fair value of FITB stock?

You can check FITB's fair value in chart for subscribers. The fair value of Fifth Third Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Fifth Third Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FITB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Fifth Third Bancorp a good stock to buy?

The fair value guage provides a quick view whether FITB is over valued or under valued. Whether Fifth Third Bancorp is cheap or expensive depends on the assumptions which impact Fifth Third Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FITB.

What is Fifth Third Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FITB's PE ratio (Price to Earnings) is 11.42 and Price to Sales (PS) ratio is 3.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FITB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Fifth Third Bancorp's stock?

In the past 10 years, Fifth Third Bancorp has provided 0.098 (multiply by 100 for percentage) rate of return.