Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Fifth Third Bancorp Stock Research

FITB

25.70USD-0.68(-2.58%)Market Closed
Watchlist

Market Summary

USD25.70-0.68
Market Closed
-2.58%

FITB Alerts

  • Big jump in Revenue (Y/Y)

FITB Stock Price

FITB RSI Chart

FITB Valuation

Market Cap

17.5B

Price/Earnings (Trailing)

6.86

Price/Sales (Trailing)

2.08

EV/EBITDA

2.79

Price/Free Cashflow

3.41

FITB Price/Sales (Trailing)

FITB Profitability

EBT Margin

42.61%

Return on Equity

13.67%

Return on Assets

1.2%

Free Cashflow Yield

29.32%

FITB Fundamentals

FITB Revenue

Revenue (TTM)

8.4B

Revenue Y/Y

61.89%

Revenue Q/Q

7.09%

FITB Earnings

Earnings (TTM)

2.5B

Earnings Y/Y

6.94%

Earnings Q/Q

7.71%

Price Action

52 Week Range

21.8437.59
(Low)(High)

Last 7 days

-6.3%

Last 30 days

1.1%

Last 90 days

0.6%

Trailing 12 Months

-20.0%

FITB Financial Health

Debt/Equity

0.7

Debt/Cashflow

0.47

FITB Investor Care

Dividend Yield

5.14%

Dividend/Share (TTM)

1.32

Buy Backs (1Y)

1.19%

Diluted EPS (TTM)

3.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for FITB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-18
Rogers Kathleen A
acquired
-
-
3,627
-
2023-08-18
Desmangles Laurent
acquired
-
-
3,627
-
2023-07-05
Spence Timothy
sold (taxes)
-124,393
26.54
-4,687
president and ceo
2023-05-17
Pinckney Nancy C.
sold (taxes)
-5,913
25.27
-234
evp
2023-05-03
Bayh Evan
bought
124,100
24.82
5,000
-
2023-04-18
Blackburn Katherine H.
acquired
-
-
5,153
-
2023-04-18
Benitez Jorge L.
acquired
-
-
5,153
-
2023-04-18
Daniels C. Bryan
acquired
-
-
5,153
-
2023-04-18
BRUMBACK EMERSON L
acquired
-
-
5,153
-
2023-04-18
MALLESCH EILEEN A
acquired
-
-
5,153
-

1–10 of 50

Which funds bought or sold FITB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Baystate Wealth Management LLC
added
0.34
-211
15,627
-%
2023-09-20
BARCLAYS PLC
added
62.92
13,698,000
36,420,000
0.02%
2023-09-18
WASHINGTON CAPITAL MANAGEMENT, INC
unchanged
-
-4,300
262,100
0.22%
2023-09-14
Proquility Private Wealth Partners, LLC
added
5.95
112,072
2,753,490
1.08%
2023-09-14
IMS Capital Management
sold off
-100
-242,424
-
-%
2023-09-12
Farther Finance Advisors, LLC
added
81.62
5,702
12,948
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-3,827
233,269
-%
2023-08-23
Rehmann Capital Advisory Group
added
0.03
-4,934
304,116
0.03%
2023-08-22
COMERICA BANK
new
-
9,000
9,000
-%
2023-08-22
COMERICA BANK
new
-
3,000
3,000
-%

1–10 of 47

Latest Funds Activity

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

Schedule 13G FIlings of Fifth Third Bancorp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2022
vanguard group inc
12.14%
83,040,329
SC 13G/A
Feb 01, 2022
blackrock inc.
7.8%
53,486,431
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
7.6%
54,404,667
SC 13G/A
Feb 10, 2021
vanguard group inc
11.56%
82,390,760
SC 13G/A

Recent SEC filings of Fifth Third Bancorp

View All Filings
Date Filed Form Type Document
Sep 12, 2023
8-K
Current Report
Aug 22, 2023
4
Insider Trading
Aug 22, 2023
4
Insider Trading
Aug 22, 2023
3
Insider Trading
Aug 22, 2023
3
Insider Trading
Aug 21, 2023
8-K
Current Report
Aug 07, 2023
10-Q
Quarterly Report
Jul 27, 2023
8-K
Current Report
Jul 26, 2023
13F-HR
Fund Holdings Report
Jul 25, 2023
424B5
Prospectus Filed

Peers (Alternatives to Fifth Third Bancorp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.7T
383.9B
-3.49% 14.63%
28.86
7.12
-0.93% -4.89%
2.4T
211.9B
-3.06% 31.92%
32.56
11.12
6.88% -0.52%
1.7T
289.5B
-1.47% 30.51%
27.19
5.72
4.10% -15.36%
1.3T
538.0B
-4.72% 10.07%
101.87
2.47
10.73% 12.62%
MID-CAP
1.5B
9.9B
-28.14% -36.34%
55.75
0.15
24.14% 106.11%
795.7M
246.5M
-4.07% -6.47%
-5.01
3.23
6.65% -174.04%
SMALL-CAP
1.6B
627.1M
-7.75% -14.29%
-1.08
2.51
-0.20% -204.67%
1.5B
2.2B
-10.06% 7.70%
11.01
0.71
38.20% -10.10%
1.0B
543.3M
-3.23% 5.22%
-715.94
1.91
31.74% 78.13%
961.6M
56.2M
-5.30% -69.36%
-1.14
17.12
40.31% -12.26%
614.9M
356.8M
-16.65% -37.31%
-2.19
1.72
-23.03% 15.53%
507.0M
1.0B
-15.90% -35.94%
-19.18
0.49
-11.34% -107.10%
462.3M
453.3M
100.98% -69.12%
-0.38
1.02
-16.04% 55.90%
104.1M
13.7M
-12.49% -77.75%
-0.62
7.62
413.65% 52.51%

Fifth Third Bancorp News

Best Stocks
Venture Visionary Partners LLC Expands Investment in Fifth Third ....
Best Stocks,
27 hours ago
InvestorsObserver
The Motley Fool
Dividend Growth Investor
InvestorsObserver
Marketscreener.com

Returns for FITB

Cumulative Returns on FITB

6.8%


10-Year Cumulative Returns

6.3%


7-Year Cumulative Returns

0.8%


5-Year Cumulative Returns

12.1%


3-Year Cumulative Returns

Risks for FITB

What is the probability of a big loss on FITB?

73.1%


Probability that Fifth Third Bancorp stock will be more than 20% underwater in next one year

53.5%


Probability that Fifth Third Bancorp stock will be more than 30% underwater in next one year.

20%


Probability that Fifth Third Bancorp stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FITB drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Fifth Third Bancorp was unfortunately bought at previous high price.

Drawdowns

Financials for Fifth Third Bancorp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue12.1%8,4187,5126,5875,8085,3405,1995,2115,2325,2695,3495,5725,8176,1136,3466,2546,0875,7775,4105,1834,9354,772
EBITDA-100.0%-9,5769,1388,5398,3028,1838,6368,5088,3417,8437,0717,3597,3387,7128,471------
EBITDA Margin-100.0%-1.27*1.39*1.47*1.97*1.57*1.66*1.63*1.58*1.47*1.27*1.27*1.20*1.22*1.35*------
Interest Expenses2.0%6,0495,9315,6095,2284,9194,7884,7704,7554,7364,7284,7824,8274,8994,9444,7974,6504,4514,2264,1404,0153,942
Earnings Before Taxes1.6%3,2523,2013,0933,0093,0593,2463,5173,4353,2862,6191,7971,9911,9342,2673,2022,8482,7092,8802,7652,7803,719
EBT Margin-100.0%-0.43*0.47*0.52*0.73*0.62*0.67*0.66*0.62*0.49*0.32*0.34*0.32*0.36*0.51*------
Net Income1.6%2,5492,5102,4462,3722,4232,5702,7702,7112,5882,0741,4271,5561,5241,7822,5122,2332,1202,2692,1932,2342,812
Net Income Margin-100.0%-0.33*0.37*0.41*0.58*0.49*0.53*0.52*0.49*0.39*0.26*0.27*0.25*0.28*0.40*------
Free Cashflow-100.0%-5,6646,0805,3724,9004,4452,395-576-1,756-71966.003,0962,7111,4631,581------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.7%207,276208,657207,452205,463206,782211,459211,116207,731205,390206,899204,680201,996202,906185,391169,369171,079168,80220,00020,000141,590140,595
    Cash Equivalents-6.7%2,5942,7803,4663,0683,4373,0492,9943,2133,2853,1223,1472,9963,2213,2823,2783,2612,764-2,681--
  Net PPE2.5%2,2752,2192,1872,1552,1182,1022,1202,1012,0732,0722,0882,0902,0532,0091,9952,0532,0742,0921,8611,8961,915
  Goodwill0.1%4,9194,9154,9154,9254,9264,5144,5144,5144,2594,2594,2584,2614,2614,2614,2524,2904,2841,8002,4782,4622,462
Liabilities-0.4%189,467190,293190,125188,727187,812191,282188,906185,207182,464184,304181,569179,045180,571163,518148,166149,675148,131148,009129,819125,835124,443
  Long Term Debt-4.8%12,27812,89313,71411,71210,99010,81511,82111,41912,36414,74314,97315,12316,32716,28214,97014,47415,78415,48314,42614,46014,321
Shareholder's Equity-3.0%17,80918,36417,32716,73618,97020,17722,21022,52422,92622,59523,11122,95122,33521,87321,20321,40420,67119,84416,25015,70116,100
  Retained Earnings1.5%22,36622,03221,68921,21920,81820,50120,23619,81719,34318,86318,38418,01017,64317,67718,31517,78617,43117,18416,57816,44016,143
  Additional Paid-In Capital0.7%3,7083,6823,6843,6603,6363,6153,6243,6113,6023,5923,6353,6243,6033,5973,5993,5893,5723,4442,8732,8562,833
Shares Outstanding0.0%681681683686689688683697709714713715715714709727738661647668683
Minority Interest-----------------197197-20.0020.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-7.9%5,5846,0626,4285,6975,2264,7572,704-282-1,458-4283713,3942,9681,7231,8241,3742,3713,1252,8562,1792,131
  Share Based Compensation4.3%169162165157148144120123125125123123125131132130131136127129129
Cashflow From Investing-32.8%-7,460-5,617-4,871-6,740-7,729-7,263-7,968-2,6341,177-20,043-31,902-31,063-33,320-13,857-797-4,567-4,793-5,425-4,141-1,38762.00
Cashflow From Financing244.7%1,033-714-1,0858982,6552,4335,1113,13334520,31131,40027,40430,80912,667-4304,3543,1343,0111,452-897-2,344
  Dividend Payments2.3%1,014991927943925912897883885883858836862800753764650596565438418
  Buy Backs0%3003001003168661,2131,3931,077527180-3006508501,7631,8632,0132,0481,4531,3261,816

FITB Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest Income    
Interest and fees on loans and leases$ 1,831$ 1,081$ 3,545$ 2,062
Interest on securities437369876663
Interest on other short-term investments1021416227
Total interest income2,3701,4644,5832,752
Interest Expense    
Interest on deposits655251,13336
Interest on federal funds purchased51101
Interest on other short-term borrowings901214713
Interest on long-term debt16387319168
Total interest expense9131251,609218
Net Interest Income1,4571,3392,9742,534
Provision for credit losses177179341224
Net Interest Income After Provision for Credit Losses1,2801,1602,6332,310
Noninterest Income    
Commercial banking revenue146137307272
Wealth and asset management revenue143140289289
Service charges on deposits144154281306
Card and processing revenue106105206201
Mortgage banking net revenue593112783
Leasing business revenue4756104118
Other noninterest income748597138
Securities gains (losses), net7(32)11(47)
Securities losses, net – non-qualifying hedges on mortgage servicing rights000(1)
Total noninterest income7266761,4221,359
Noninterest Expense    
Compensation and benefits6505841,4071,295
Technology and communications11498232199
Net occupancy expense8375164152
Equipment expense36367372
Leasing business expense31316563
Marketing expense31286052
Card and processing expense20204238
Other noninterest expense266240519463
Total noninterest expense1,2311,1122,5622,334
Income Before Income Taxes7757241,4931,335
Applicable income tax expense174162334279
Net Income6015621,1591,056
Dividends on preferred stock39366256
Net Income Available to Common Shareholders$ 562$ 526$ 1,097$ 1,000
Shares Disclosures    
Earnings per share - basic (in dollars per share)$ 0.82$ 0.76$ 1.60$ 1.45
Earnings per share - diluted (in dollars per share)$ 0.82$ 0.76$ 1.59$ 1.44
Average common shares outstanding - basic (in shares)684,028,603689,018,541684,023,063688,282,355
Average common shares outstanding - diluted (in shares)686,385,938694,804,715687,967,395695,519,583

FITB Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 2,594$ 3,466
Other short-term investments[1]10,9438,351
Available-for-sale debt and other securities[2]49,32951,503
Held-to-maturity securities[3]25
Trading debt securities1,139414
Equity securities331317
Loans and leases held for sale[4]7601,007
Portfolio loans and leases[1],[5]121,891121,480
Allowance for loan and lease losses[1](2,327)(2,194)
Portfolio loans and leases, net119,564119,286
Bank premises and equipment[6]2,2752,187
Operating lease equipment537627
Goodwill4,9194,915
Intangible assets146169
Servicing rights1,7641,746
Other assets[1]12,97313,459
Total Assets207,276207,452
Deposits:  
Noninterest-bearing deposits45,26453,125
Interest-bearing deposits118,864110,565
Total deposits164,128163,690
Federal funds purchased163180
Other short-term borrowings5,8174,838
Accrued taxes, interest and expenses1,7651,822
Other liabilities[1]5,3165,881
Long-term debt[1]12,27813,714
Total Liabilities189,467190,125
Equity  
Common stock[7]2,0512,051
Preferred stock[8]2,1162,116
Capital surplus3,7083,684
Retained earnings22,36621,689
Accumulated other comprehensive loss(5,166)(5,110)
Treasury stock[7](7,266)(7,103)
Total Equity17,80917,327
Total Liabilities and Equity$ 207,276$ 207,452
[1]Includes $1 and $17 of other short-term investments, $42 and $185 of portfolio loans and leases, $(1) and $(2) of ALLL, $0 and $2 of other assets, $9 and $9 of other liabilities, and $37 and $118 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2023 and December 31, 2022, respectively. For further information, refer to Note 11.
[2]Amortized cost of $55,399 and $57,530 at June 30, 2023 and December 31, 2022, respectively.
[3]Fair value of $2 and $5 at June 30, 2023 and December 31, 2022, respectively.
[4]Includes $596 and $600 of residential mortgage loans held for sale measured at fair value at June 30, 2023 and December 31, 2022, respectively.
[5]Includes $124 and $123 of residential mortgage loans measured at fair value at June 30, 2023 and December 31, 2022, respectively.
[6]Includes $22 and $24 of bank premises and equipment held for sale at June 30, 2023 and December 31, 2022, respectively.
[7]Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at June 30, 2023 – 680,850,480 (excludes 243,042,101 treasury shares), December 31, 2022 – 683,385,880 (excludes 240,506,701 treasury shares).
[8]500,000 shares of no par value preferred stock were authorized at both June 30, 2023 and December 31, 2022. There were 422,000 unissued shares of undesignated no par value preferred stock at both June 30, 2023 and December 31, 2022. 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 June 30, 2023 and December 31, 2022. There were 300,000 unissued shares of undesignated no par value Class B preferred stock at both June 30, 2023 and December 31, 2022. Each issued share of no par value Class B preferred stock has a liquidation preference of $1,000.
Gregory D. Carmichael
19100
Fifth Third Bancorp operates as a diversified financial services company in the United States. 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. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives 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. As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.