StocksFundsScreenerSectorsWatchlists
FITB

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

37.23USD+0.17 (+0.46%)Market Closed

Market Summary

FITB
USD37.23+0.17
Market Closed
0.46%

FITB Alerts

  • 3 major insider sales recently.

FITB Stock Price

View Fullscreen

FITB RSI Chart

FITB Valuation

Market Cap

25.2B

Price/Earnings (Trailing)

10.75

Price/Sales (Trailing)

2.59

EV/EBITDA

4.15

Price/Free Cashflow

6.28

FITB Price/Sales (Trailing)

FITB Profitability

EBT Margin

30.62%

Return on Equity

12.25%

Return on Assets

1.09%

Free Cashflow Yield

15.92%

FITB Fundamentals

FITB Revenue

Revenue (TTM)

9.8B

Rev. Growth (Yr)

27.62%

Rev. Growth (Qtr)

4.69%

FITB Earnings

Earnings (TTM)

2.3B

Earnings Growth (Yr)

-28.09%

Earnings Growth (Qtr)

-19.7%

Breaking Down FITB Revenue

Last 7 days

8.7%

Last 30 days

1.9%

Last 90 days

6.8%

Trailing 12 Months

37.0%

How does FITB drawdown profile look like?

FITB Financial Health

Debt/Equity

0.85

Debt/Cashflow

0.28

FITB Investor Care

Dividend Yield

3.67%

Dividend/Share (TTM)

1.36

Shares Dilution (1Y)

0.39%

Diluted EPS (TTM)

3.23

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
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
heminger gary r.
acquired
-
-
4,107
-
Apr 16, 2024
mallesch eileen a
acquired
-
-
4,107
-
Apr 16, 2024
daniels c. bryan
acquired
-
-
4,107
-
Apr 16, 2024
clement-holmes linda w
acquired
-
-
4,107
-
Apr 16, 2024
williams marsha c
acquired
-
-
4,107
-
Apr 16, 2024
benitez jorge l.
acquired
-
-
4,107
-
Apr 16, 2024
brumback emerson l
acquired
-
-
4,107
-
Apr 16, 2024
bayh evan
acquired
-
-
4,107
-

1–10 of 50

Which funds bought or sold FITB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
CIGNA INVESTMENTS INC /NEW
unchanged
-
21,000
271,000
0.05%
Apr 23, 2024
LaFleur & Godfrey LLC
added
0.64
38,821
491,756
0.07%
Apr 23, 2024
Busey Bank
added
1.04
29,844
361,121
0.01%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
reduced
-3.11
56,000
1,276,000
0.05%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-3.64
56,249
1,477,240
0.03%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
unchanged
-
4,668
64,816
-%
Apr 23, 2024
Accurate Wealth Management, LLC
added
2.39
23,238
380,337
0.11%
Apr 23, 2024
ARCADIA INVESTMENT MANAGEMENT CORP/MI
unchanged
-
8,443
115,500
0.02%
Apr 23, 2024
EADS & HEALD WEALTH MANAGEMENT
unchanged
-
21,000
293,000
0.14%
Apr 23, 2024
Legacy Trust
added
0.7
46,206
581,146
0.14%

1–10 of 48

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
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
144
Notice of Insider Sale Intent
Apr 22, 2024
4
Insider Trading
Apr 19, 2024
8-K
Current Report
Apr 19, 2024
8-K
Current Report
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading

Peers (Alternatives to Fifth Third Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
553.3B
171.1B
-2.31% 36.49%
11.17
3.23
60.72% 31.52%
302.1B
130.3B
3.56% 28.93%
11.39
2.32
79.51% -3.68%
218.1B
85.7B
6.72% 47.09%
11.39
2.55
41.49% 39.96%
119.7B
133.3B
3.01% 27.78%
12.98
0.9
79.09% -
16.0B
10.2B
-0.51% 22.27%
9.98
1.57
44.53% -22.43%
13.8B
7.9B
-2.00% 32.35%
14.22
1.74
46.47% -49.56%
MID-CAP
7.0B
4.2B
1.92% 23.45%
7.92
1.67
56.25% -23.46%
6.2B
3.9B
2.71% 47.68%
9.1
1.57
45.91% -25.03%
3.3B
1.3B
1.85% 41.72%
12.28
2.58
43.24% -22.35%
3.2B
2.0B
3.40% 20.85%
17.57
1.64
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
414.1M
164.9M
-1.69% 36.50%
35.41
2.51
42.66% -70.76%
383.2M
162.6M
-4.81% 4.19%
12.74
2.36
25.39% -38.37%
291.3M
96.6M
-3.52% 8.70%
9.19
3.01
11.02% -11.37%
45.1M
60.9M
-2.56% -9.83%
-13.48
0.74
24.06% -144.92%

Fifth Third Bancorp News

Latest updates
Seeking Alpha • 14 hours ago
MarketWatch • 22 Apr 2024 • 09:05 pm
Investing.com • 22 Apr 2024 • 05:48 pm
Bloomberg • 19 Apr 2024 • 08:11 pm
Zacks Investment Research • 19 Apr 2024 • 11:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.7%2,6482,5292,3702,2132,0751,7601,4641,2891,2951,2921,3231,3021,3151,3291,4031,5251,5601,6251,6361,4331,393
EBITDA Margin-10.0%0.95*1.06*1.16*1.27*1.39*1.47*1.55*1.61*1.66*1.66*1.62*----------
Interest Expenses-1.6%1,4161,4381,4571,5171,5771,4981,3391,1951,1971,1891,2081,1761,1831,1701,2001,2291,2281,2421,2451,0821,081
Income Taxes-35.8%12018617416017619216211816519120218914216549.0014.00206140124221131
Earnings Before Taxes-23.2%65084677571891384572461282889591188374774624460.00941689577996586
EBT Margin-13.5%0.31*0.35*0.39*0.43*0.47*0.52*0.57*0.62*0.67*0.66*0.62*----------
Net Income-19.7%53066060155873765356249466370470969460558119546.00735549453775455
Net Income Margin-13.5%0.24*0.28*0.30*0.33*0.37*0.41*0.45*0.49*0.53*0.52*0.49*----------
Free Cashflow275.0%1,9465193451,2081,9651,6138781,6241,2571,141423----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.8%214,574212,967207,276208,657207,452205,463206,782211,459211,116207,731205,390206,899204,680201,996202,906185,391169,369171,079168,80220,00020,000
    Cash Equivalents10.8%3,1422,8372,5942,7803,4663,0683,4373,0492,9943,2133,2853,1223,1472,9963,2213,2823,2783,2612,764-2,681
  Net PPE2.0%2,3492,3032,2752,2192,1872,1552,1182,1022,1202,1012,0732,0722,0882,0902,0532,0091,9952,0532,0742,0921,861
  Goodwill0%4,9194,9194,9194,9154,9154,9254,9264,5144,5144,5144,2594,2594,2584,2614,2614,2614,2524,2904,2841,7862,478
Liabilities-0.5%195,402196,423189,467190,293190,125188,727187,812191,282188,906185,207182,464184,304181,569179,045180,571163,518148,166149,675148,131148,009129,819
  Long Term Debt0.4%16,38016,31012,27812,89313,71411,71210,99010,81511,82111,41912,36414,74314,97315,12316,32716,28214,97014,47415,78415,48314,426
Shareholder's Equity15.9%19,17216,54417,80918,36417,32716,73618,97020,17722,21022,52422,92622,59523,11122,95122,33521,87321,20321,40420,67119,84416,250
  Retained Earnings1.1%22,99722,74722,36622,03221,68921,21920,81820,50120,23619,81719,34318,86318,38418,01017,64317,67718,31517,78617,43117,18416,578
  Additional Paid-In Capital0.6%3,7573,7333,7083,6823,6843,6603,6363,6153,6243,6113,6023,5923,6353,6243,6033,5973,5993,5893,5723,4442,873
Shares Outstanding0.0%681681681681683689689688702707709714---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations225.8%2,0726364801,3212,0731,7109581,6871,3421,239489-366-1,64463.001,5194331,379-363274534929
  Share Based Compensation-6.7%28.0030.0035.0076.0028.0030.0028.0079.0020.0021.0024.0055.0023.0023.0024.0053.0023.0025.0030.0054.0021.00
Cashflow From Investing87.6%-833-6,693401-2,363-3,774-1,7242,244-1,617-5,643-2,7132,710-2,322-3091,098-18,510-14,181530-1,159953-1,121-3,240
Cashflow From Financing-114.8%-9346,300-1,0673562,099-355-2,814-15.004,0821,402-3,0362,6632,104-1,38616,93013,752-1,8922,019-1,2126552,892
  Dividend Payments22.7%276225265294227228242230243210229215229212227190207238165143218
  Buy Backs----200100---316550347180----300350200913400

FITB Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest Income   
Interest and fees on loans and leases$ 7,334$ 4,954$ 4,079
Interest on securities1,7701,5171,090
Interest on other short-term investments65611642
Total Income9,7606,5875,211
Interest Expense   
Interest on deposits2,92944759
Interest on federal funds purchased1560
Interest on other short-term borrowings2471082
Interest on long-term debt742417380
Total interest expense3,933978441
Net Interest Income5,8275,6094,770
Provision for (benefit from) credit losses515563(377)
Net Interest Income After Provision for (Benefit from) Credit Losses5,3125,0465,147
Noninterest Income   
Service charges on deposits577589600
Wealth and asset management revenue581570586
Commercial banking revenue624565637
Card and processing revenue416409402
Mortgage banking net revenue250215270
Leasing business revenue208237300
Other noninterest income207265332
Securities gains (losses), net18(82)(7)
Securities losses, net - non-qualifying hedges on mortgage servicing rights0(2)(2)
Total noninterest income2,8812,7663,118
Noninterest Expense   
Compensation and benefits2,6942,5542,626
Technology and communications464416388
Net occupancy expense331307312
Equipment expense148145138
Leasing business expense121131137
Marketing expense126118107
Card and processing expense848089
Other noninterest expense1,237968951
Total noninterest expense5,2054,7194,748
Income (loss) before income taxes2,9883,0933,517
Applicable income tax expense639647747
Net Income2,3492,4462,770
Dividends on preferred stock137116111
Net Income Available to Common Shareholders$ 2,212$ 2,330$ 2,659
Shares Disclosures   
Earnings per share - basic (in dollars per share)$ 3.23$ 3.38$ 3.78
Earnings per share - diluted (in dollars per share)$ 3.22$ 3.35$ 3.73
Average common shares outstanding - basic (in shares)684,172,079688,633,659702,188,552
Average common shares outstanding - diluted (in shares)687,678,291694,952,038711,197,805

FITB Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 3,142$ 3,466
Other short-term investments[1]22,0828,351
Available-for-sale debt and other securities[2]50,41951,503
Held-to-maturity securities[3]25
Trading debt securities899414
Equity securities613317
Loans and leases held for sale[4]3781,007
Total portfolio loans and leases[1],[5]117,234121,480
Allowance for loan and lease losses[1](2,322)(2,194)
Portfolio loans and leases, net114,912119,286
Bank premises and equipment[6]2,3492,187
Operating lease equipment459627
Goodwill4,9194,915
Intangible assets125169
Servicing rights1,7371,746
Other assets[1]12,53813,459
Total Assets214,574207,452
Deposits:  
Noninterest-bearing deposits43,14653,125
Interest-bearing deposits125,766110,565
Total deposits168,912163,690
Federal funds purchased193180
Other short-term borrowings2,8614,838
Accrued taxes, interest and expenses2,1951,822
Other liabilities[1]4,8615,881
Long-term debt[1]16,38013,714
Total Liabilities195,402190,125
Equity  
Common stock[7]2,0512,051
Preferred stock[8]2,1162,116
Capital surplus3,7573,684
Retained earnings22,99721,689
Accumulated other comprehensive loss(4,487)(5,110)
Treasury stock[7](7,262)(7,103)
Total Equity19,17217,327
Total Liabilities and Equity$ 214,574$ 207,452
[1]Includes $55 and $17 of other short-term investments, $1,573 and $185 of portfolio loans and leases, $(28) and $(2) of ALLL, $10 and $2 of other assets, $14 and $9 of other liabilities and $1,409 and $118 of long-term debt from consolidated VIEs that are included in their respective captions above at December 31, 2023 and 2022, respectively. For further information, refer to Note 12.
[2]Amortized cost of $55,789 and $57,530 at December 31, 2023 and 2022, respectively.
[3]Fair value of $2 and $5 at December 31, 2023 and 2022, respectively.
[4]Includes $334and $600 of residential mortgage loans held for sale measured at fair value at December 31, 2023 and 2022, respectively.
[5]Includes $116 and $123 of residential mortgage loans measured at fair value at December 31, 2023 and 2022, respectively.
[6]Includes$19 and $24 of bank premises and equipment held for sale at both December 31, 2023 and 2022. For further information, refer to Note 7.
[7]Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at December 31, 2023 – 681,124,810 (excludes 242,767,771 treasury shares), 2022 – 683,385,880 (excludes 240,506,701 treasury shares).
[8]500,000 shares of no par value preferred stock were authorized at both December 31, 2023 and 2022. There were 422,000 unissued shares of undesignated no par value preferred stock at both December 31, 2023 and 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 December 31, 2023 and 2022. There were 300,000 unissued shares of undesignated no par value Class B preferred stock at both December 31, 2023 and 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
 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 Tue Apr 23 2024, market cap of Fifth Third Bancorp is 25.25 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 Tue Apr 23 2024, FITB's PE ratio (Price to Earnings) is 10.75 and Price to Sales (PS) ratio is 2.59. 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 0.09 (multiply by 100 for percentage) rate of return.