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FITB

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

33.51USD+0.11 (+0.33%)Market Closed
Watchlist

Market Summary

USD33.51+0.11
Market Closed
0.33%

FITB Alerts

  • 1 major insider sales recently.

FITB Stock Price

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FITB RSI Chart

FITB Valuation

Market Cap

22.8B

Price/Earnings (Trailing)

8.93

Price/Sales (Trailing)

2.48

EV/EBITDA

3.74

Price/Free Cashflow

5.65

FITB Price/Sales (Trailing)

FITB Profitability

EBT Margin

35.40%

Return on Equity

15.45%

Return on Assets

1.2%

Free Cashflow Yield

17.69%

FITB Fundamentals

FITB Revenue

Revenue (TTM)

9.2B

Rev. Growth (Yr)

43.69%

Rev. Growth (Qtr)

6.71%

FITB Earnings

Earnings (TTM)

2.6B

Earnings Growth (Yr)

1.07%

Earnings Growth (Qtr)

9.82%

Breaking Down FITB Revenue

Last 7 days

0.8%

Last 30 days

-1.2%

Last 90 days

23.1%

Trailing 12 Months

-7.6%

How does FITB drawdown profile look like?

FITB Financial Health

Debt/Equity

0.99

Debt/Cashflow

0.28

FITB Investor Care

Dividend Yield

4%

Dividend/Share (TTM)

1.34

Buy Backs (1Y)

0.78%

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
YearQ1Q2Q3Q4
20237.5B8.4B9.2B0
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
20124.2B4.2B4.1B4.1B
20114.7B4.5B4.4B4.2B
20105.0B3.0B3.0B4.7B
20094.9B6.7B6.0B5.0B
20085.9B5.8B5.7B5.6B
20070006.0B

Tracking the Latest Insider Buys and Sells of Fifth Third Bancorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 16, 2024
spence timothy
sold
-182,311
33.47
-5,447
chair, ceo & president
Feb 16, 2024
spence timothy
sold (taxes)
-844,925
33.93
-24,902
chair, ceo & president
Feb 16, 2024
gibson kala
sold (taxes)
-37,221
33.93
-1,097
evp
Feb 16, 2024
pinckney nancy c.
sold (taxes)
-28,738
33.93
-847
evp
Feb 16, 2024
preston bryan d.
sold (taxes)
-90,661
33.93
-2,672
chief financial officer & evp
Feb 16, 2024
schramm jude
sold (taxes)
-238,630
33.93
-7,033
evp & cio
Feb 16, 2024
lavender kevin p
sold (taxes)
-330,682
33.93
-9,746
evp
Feb 16, 2024
garrett kristine r.
sold (taxes)
-128,663
33.93
-3,792
evp
Feb 16, 2024
leonard james c.
sold (taxes)
-425,551
34.8498
-12,211
evp & chief operating officer
Feb 16, 2024
zaunbrecher susan b
sold (taxes)
-237,205
33.93
-6,991
evp & clo

1–10 of 50

Which funds bought or sold FITB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
Raleigh Capital Management Inc.
reduced
-5.16
101,076
447,939
0.21%
Feb 21, 2024
V-Square Quantitative Management LLC
unchanged
-
65,824
247,845
0.04%
Feb 20, 2024
Quarry LP
new
-
9,519
9,519
-%
Feb 20, 2024
Pacific Center for Financial Services
unchanged
-
3,206
12,072
-%
Feb 20, 2024
VOISARD ASSET MANAGEMENT GROUP, INC.
new
-
102,320
102,320
0.06%
Feb 16, 2024
WESBANCO BANK INC
reduced
-78.66
-1,651,010
676,212
0.04%
Feb 16, 2024
Aspect Partners, LLC
new
-
2,277
2,277
-%
Feb 16, 2024
Wealthquest Corp
added
0.87
127,209
467,796
0.05%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-1.15
375,221,000
1,459,910,000
0.20%
Feb 16, 2024
PCA Investment Advisory Services Inc.
reduced
-23.85
9,996
282,283
0.19%

1–10 of 44

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
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
PRE 14A
PRE 14A
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading

What is the Fair Value of FITB?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Fifth Third Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
538.6B
171.1B
5.90% 26.94%
10.87
3.15
20.20% 31.52%
267.8B
130.3B
3.93% -3.57%
10.1
2.06
37.19% -3.68%
192.6B
85.7B
9.51% 9.26%
10.06
2.25
6.67% 45.21%
107.6B
133.3B
4.24% 9.46%
11.66
0.81
76.88% -
14.3B
10.2B
-0.25% -26.81%
8.88
1.4
44.53% -22.43%
13.3B
7.9B
-0.92% -26.80%
13.8
1.68
46.47% -49.56%
MID-CAP
6.5B
4.0B
-6.97% -31.81%
5.45
1.63
76.30% 16.42%
5.8B
3.9B
-3.49% -22.00%
8.5
1.46
45.91% -25.03%
3.2B
1.2B
-6.58% -2.15%
11.09
2.59
53.00% -17.58%
3.1B
2.0B
-0.43% -11.81%
17.03
1.59
57.95% -50.03%
SMALL-CAP
478.6M
115.7M
-3.25% 30.73%
15.89
4.14
24.10% -20.09%
431.3M
156.0M
8.55% 14.87%
11.54
2.76
42.01% -10.62%
419.2M
154.1M
-6.13% -21.03%
12.17
2.72
26.24% -26.76%
301.9M
96.3M
-14.53% -2.37%
7.99
3.14
19.08% 25.77%
49.0M
58.7M
-7.62% -26.88%
16.78
0.84
25.03% -65.02%

Fifth Third Bancorp News

Latest updates
AmericanBankingNEWS12 hours ago
Simply Wall St18 Feb 202412:35 pm

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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue6.7%2,5292,3702,2132,0751,7601,4641,2891,2951,2921,3231,3021,3151,3291,4031,5251,5601,6251,6361,4331,3931,315
EBITDA Margin-8.8%1.06*1.16*1.27*1.39*1.47*1.55*1.61*1.66*1.66*1.62*1.47*----------
Interest Expenses-1.3%1,4381,4571,5171,5771,4981,3391,1951,1971,1891,2081,1761,1831,1701,2001,2291,2281,2421,2451,0821,0811,043
Income Taxes6.9%18617416017619216211816519120218914216549.0014.00206140124221131114
Earnings Before Taxes9.2%84677571891384572461282889591188374774624460.00941689577996586550
EBT Margin-8.3%0.35*0.39*0.43*0.47*0.52*0.57*0.62*0.67*0.66*0.62*0.49*----------
Net Income9.8%66060155873765356249466370470969460558119546.00735549453775455436
Net Income Margin-8.1%0.28*0.30*0.33*0.37*0.41*0.45*0.49*0.53*0.52*0.49*0.39*----------
Free Cashflow50.4%5193451,2081,9651,6138781,6241,2571,141423-426----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets2.7%212,967207,276208,657207,452205,463206,782211,459211,116207,731205,390206,899204,680201,996202,906185,391169,369171,079168,80220,00020,000141,590
    Cash Equivalents9.4%2,8372,5942,7803,4663,0683,4373,0492,9943,2133,2853,1223,1472,9963,2213,2823,2783,2612,764-2,681-
  Net PPE1.2%2,3032,2752,2192,1872,1552,1182,1022,1202,1012,0732,0722,0882,0902,0532,0091,9952,0532,0742,0921,8611,896
  Goodwill0%4,9194,9194,9154,9154,9254,9264,5144,5144,5144,2594,2594,2584,2614,2614,2614,2524,2904,2841,8002,4782,462
Liabilities3.7%196,423189,467190,293190,125188,727187,812191,282188,906185,207182,464184,304181,569179,045180,571163,518148,166149,675148,131148,009129,819125,835
  Long Term Debt32.8%16,31012,27812,89313,71411,71210,99010,81511,82111,41912,36414,74314,97315,12316,32716,28214,97014,47415,78415,48314,42614,460
Shareholder's Equity-7.1%16,54417,80918,36417,32716,73618,97020,17722,21022,52422,92622,59523,11122,95122,33521,87321,20321,40420,67119,84416,25015,701
  Retained Earnings1.7%22,74722,36622,03221,68921,21920,81820,50120,23619,81719,34318,86318,38418,01017,64317,67718,31517,78617,43117,18416,57816,440
  Additional Paid-In Capital0.7%3,7333,7083,6823,6843,6603,6363,6153,6243,6113,6023,5923,6353,6243,6033,5973,5993,5893,5723,4442,8732,856
Shares Outstanding0.0%681681681683689689688683707712714715---------
Minority Interest------------------197197-20.00
Float------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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations32.5%6364801,3212,0731,7109581,6871,3421,239489-366-1,64463.001,5194331,379-363274534929634
  Share Based Compensation-14.3%30.0035.0076.0028.0030.0028.0079.0020.0021.0024.0055.0023.0023.0024.0053.0023.0025.0030.0054.0021.0026.00
Cashflow From Investing-1769.1%-6,693401-2,363-3,774-1,7242,244-1,617-5,643-2,7132,710-2,322-3091,098-18,510-14,181530-1,159953-1,121-3,240-1,385
Cashflow From Financing690.4%6,300-1,0673562,099-355-2,814-15.004,0821,402-3,0362,6632,104-1,38616,93013,752-1,8922,019-1,2126552,892799
  Dividend Payments-15.1%225265294227228242230243210229215229212227190207238165143218124
  Buy Backs---200100---316550347180----300350200913400500

FITB Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest Income    
Interest and fees on loans and leases$ 1,899$ 1,315$ 5,445$ 3,377
Interest on securities4444141,3201,077
Interest on other short-term investments1863134858
Total interest income2,5291,7607,1134,512
Interest Expense    
Interest on deposits8441121,977147
Interest on federal funds purchased23134
Interest on other short-term borrowings524319856
Interest on long-term debt193104514273
Total interest expense1,0912622,702480
Net Interest Income1,4381,4984,4114,032
Provision for credit losses119158460383
Net Interest Income After Provision for Credit Losses1,3191,3403,9513,649
Noninterest Income    
Commercial banking revenue154134461406
Wealth and asset management revenue145141434430
Service charges on deposits149143431449
Card and processing revenue104105310306
Mortgage banking net revenue5769184152
Leasing business revenue5860162179
Other noninterest income5559152195
Securities gains (losses), net(7)(38)3(84)
Securities losses, net – non-qualifying hedges on mortgage servicing rights0(1)0(2)
Total noninterest income7156722,1372,031
Noninterest Expense    
Compensation and benefits6296052,0361,900
Technology and communications115106347306
Net occupancy expense8474248225
Equipment expense3736110108
Marketing expense35359687
Leasing business expense29339495
Card and processing expense21216359
Other noninterest expense238257756721
Total noninterest expense1,1881,1673,7503,501
Income Before Income Taxes8468452,3382,179
Applicable income tax expense186192519470
Net Income6606531,8191,709
Dividends on preferred stock372210078
Net Income Available to Common Shareholders$ 623$ 631$ 1,719$ 1,631
Shares Disclosures    
Earnings per share - basic (in dollars per share)$ 0.91$ 0.91$ 2.51$ 2.37
Earnings per share - diluted (in dollars per share)$ 0.91$ 0.91$ 2.50$ 2.34
Average common shares outstanding - basic (in shares)684,224,277689,278,078684,090,872688,617,910
Average common shares outstanding - diluted (in shares)687,059,147694,592,855687,661,319695,207,279

FITB Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 2,837$ 3,466
Other short-term investments[1]18,9238,351
Available-for-sale debt and other securities[2]47,89351,503
Held-to-maturity securities[3]25
Trading debt securities1,222414
Equity securities250317
Loans and leases held for sale[4]6141,007
Portfolio loans and leases[1],[5]120,088121,480
Allowance for loan and lease losses[1](2,340)(2,194)
Portfolio loans and leases, net117,748119,286
Bank premises and equipment[6]2,3032,187
Operating lease equipment480627
Goodwill4,9194,915
Intangible assets136169
Servicing rights1,8221,746
Other assets[1]13,81813,459
Total Assets212,967207,452
Deposits:  
Noninterest-bearing deposits43,84453,125
Interest-bearing deposits123,828110,565
Total deposits167,672163,690
Federal funds purchased205180
Other short-term borrowings4,5944,838
Accrued taxes, interest and expenses1,8341,822
Other liabilities[1]5,8085,881
Long-term debt[1]16,31013,714
Total Liabilities196,423190,125
Equity  
Common stock[7]2,0512,051
Preferred stock[8]2,1162,116
Capital surplus3,7333,684
Retained earnings22,74721,689
Accumulated other comprehensive loss(6,839)(5,110)
Treasury stock[7](7,264)(7,103)
Total Equity16,54417,327
Total Liabilities and Equity$ 212,967$ 207,452
[1]Includes $59 and $17 of other short-term investments, $1,728 and $185 of portfolio loans and leases, $(27) and $(2) of ALLL, $11 and $2 of other assets, $15 and $9 of other liabilities, and $1,553 and $118 of long-term debt from consolidated VIEs that are included in their respective captions above at September 30, 2023 and December 31, 2022, respectively. For further information, refer to Note 12.
[2]Amortized cost of $55,557 and $57,530 at September 30, 2023 and December 31, 2022, respectively.
[3]Fair value of $2 and $5 at September 30, 2023 and December 31, 2022, respectively.
[4]Includes $497 and $600 of residential mortgage loans held for sale measured at fair value at September 30, 2023 and December 31, 2022, respectively.
[5]Includes $113 and $123 of residential mortgage loans measured at fair value at September 30, 2023 and December 31, 2022, respectively.
[6]Includes $22 and $24 of bank premises and equipment held for sale at September 30, 2023 and December 31, 2022, respectively.
[7]Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at September 30, 2023 – 680,989,701 (excludes 242,902,880 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 September 30, 2023 and December 31, 2022. There were 422,000 unissued shares of undesignated no par value preferred stock at both September 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 September 30, 2023 and December 31, 2022. There were 300,000 unissued shares of undesignated no par value Class B preferred stock at both September 30, 2023 and December 31, 2022. 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
 WEBSITEwww.53.com
 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 Feb 23 2024, market cap of Fifth Third Bancorp is 22.82 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 Feb 23 2024, FITB's PE ratio (Price to Earnings) is 8.93 and Price to Sales (PS) ratio is 2.48. 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 0.077 (multiply by 100 for percentage) rate of return.