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FITB

32.29USD-2.96(-8.40%)Delayedas of 06 Dec 2022, 02:56 pm

Fifth Third Bancorp

Market Summary

USD32.29-2.96Delayedas of 06 Dec 2022, 02:56 pm
-8.40%

FITB Alerts

FITB Stock Price

RSI Chart

Valuation

Market Cap

24.7B

Price/Earnings

10.19

Price/Sales

4.62

Price/Cashflow

4.72

MarketCap/EBT

8.07

Price/Sales

Profitability

EBT Margin

57.28%

Return on Equity

12.77%

Return on Assets

1.17%

Fundamentals

Revenue

Revenue (TTM)

5.8B

Revenue Y/Y

36.22%

Revenue Q/Q

20.22%

Earnings

Earnings (TTM)

2.4B

Earnings Y/Y

-7.24%

Earnings Q/Q

16.19%

Price Action

52 Week Range

30.9249.37
(Low)(High)

Last 7 days

-7.4%

Last 30 days

-6.2%

Last 90 days

0.1%

Trailing 12 Months

-20.9%

Financial Health

Debt/Equity

0.58

Debt/Cashflow

0.48

Investor Care

Dividend Yield

3.34%

Dividend/Share (TTM)

1.23

Shares Dilution (1Y)

0.39%

Diluted EPS (TTM)

3.25

Peers (Alternatives to Fifth Third Bancorp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
394.3B
5.96% -8.87%
23.61
5.98
7.79% 5.41%
1.8T
203.1B
13.33% -21.82%
25.2
8.66
15.22% 2.81%
1.3T
282.1B
15.19% -29.93%
18.7
4.44
17.94% -5.14%
960.3B
502.2B
0.03% -46.30%
84.81
1.91
9.66% -56.89%
MID-CAP
2.5B
8.6B
5.53% -41.10%
-5.69
0.31
76.30% -20.89%
SMALL-CAP
1.9B
628.4M
22.83% -47.71%
-4.08
3.1
64.35% -18.14%
1.9B
1.6B
-1.30% 23.47%
12.45
1.23
81.91% 208.48%
1.5B
-
31.31% -56.76%
-0.54
1.95
-4.11% -144.36%
1.4B
40.0M
-9.80% -71.75%
-1.84
34.64
34.91% -55.12%
1.0B
247.8M
7.17% -13.23%
-17.78
4.46
23.41% -194.70%
1.0B
412.4M
6.58% -29.93%
-153.63
2.47
51.09% -102.33%
988.1M
439.7M
-1.58% -78.81%
-2.97
2.13
-5.64% -199.38%
861.5M
1.2B
10.79% -44.94%
2.31
0.73
7.66% 583.60%
551.2M
2.2M
-12.32% -70.02%
-1.55
343.43
-72.60% -50.32%

Financials for Fifth Third Bancorp

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue8.8%5,8085,3405,1995,2115,232
Earnings Before Taxes-1.6%3,0093,0593,2463,5173,435
Net Income-2.1%2,3722,4232,5702,7702,711
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.6%205,463206,782211,459211,116207,731
    Cash Equivalents-10.7%3,0683,4373,0492,9943,213
  Net PPE1.7%2,1552,1182,1022,1202,101
  Goodwill0.0%4,9254,9264,5144,5144,514
Liabilities0.5%188,727187,812191,282188,906185,207
  Long Term Debt6.6%11,71210,99010,81511,82111,419
Shareholder's Equity-11.8%16,73618,97020,17722,21022,524
  Retained Earnings1.9%21,21920,81820,50120,23619,817
  Additional Paid-In Capital0.7%3,6603,6363,6153,6243,611
Accumulated Depreciation1.9%3,3183,2553,2123,2103,206
Shares Outstanding0.0%686686686683690
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations9.0%5,6975,2264,7572,704-282.00
  Share Based Compensation6.1%157148144120123
Cashflow From Investing12.8%-6,740.00-7,729.00-7,263.00-7,968.00-2,634.00
Cashflow From Financing-66.2%8982,6552,4335,1113,133
  Dividend Payments1.9%943925912897883
  Buy Backs-63.5%3168661,2131,3931,077

Risks

What is the probability of a big loss on FITB?

57.7%


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

37.7%


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

19.6%


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.

Returns

Cumulative Returns on FITB

11.8%


10-Year Cumulative Returns

10.3%


7-Year Cumulative Returns

5.1%


5-Year Cumulative Returns

6.9%


3-Year Cumulative Returns

What are the long-term rolling returns for FITB?

FIve years rolling returns for Fifth Third Bancorp.

Which funds bought or sold FITB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
SOLD OFF
-100
-217,000
-
-%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-218
2,000
-%
2022-11-23
Toroso Investments, LLC
ADDED
2.41
-6,000
239,000
0.01%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
203,000
203,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
23,535,000
23,535,000
0.28%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
19.83
90,000
744,000
0.02%
2022-11-22
CVA Family Office, LLC
ADDED
19.57
5,000
43,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.88
-2,200,000
36,281,000
0.06%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-4,000
87,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-89.66
-214,000
23,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying FITB calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FITB

Fifth Third Bancorp News

Opto RoW

How Warren Buffett's net worth rose above Elon Musk and Jeff Bezos.4 hours ago

The Business Journals

FITB Fair Value

Fifth Third Bancorp fair value in different scenarios

The table shows the Fair Value estimates for Fifth Third Bancorp for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

22.63

-29.92%

32.14

-0.46%

48.99

51.72%

70.65

118.80%

96.01

197.34%

Current Inflation

20.36

-36.95%

28.51

-11.71%

42.61

31.96%

61.11

89.25%

82.20

154.57%

Very High Inflation

17.53

-45.71%

24.11

-25.33%

35.11

8.73%

50.00

54.85%

66.35

105.48%

Historical Fifth Third Bancorp Fair Value Estimates


Recent SEC filings of Fifth Third Bancorp

View All Filings
Date Filed Form Type Document
Nov 16, 2022
4
Insider Trading
Nov 08, 2022
10-Q
Quarterly Report
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Oct 27, 2022
4
Insider Trading
Oct 27, 2022
8-K
Current Report
Oct 25, 2022
13F-HR
Fund Holdings Report
Oct 25, 2022
424B5
Prospectus Filed
Oct 24, 2022
4
Insider Trading
Oct 24, 2022
4
Insider Trading

Latest Insider Trading transactions for FITB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-15
Lavender Kevin P
SOLD
-228,960
36.581
-6,259
EVP
2022-11-04
Gibson Kala
SOLD FOR TAXES
-154,677
35.13
-4,403
EVP
2022-11-04
Lavender Kevin P
SOLD FOR TAXES
-213,590
35.13
-6,080
EVP
2022-10-27
Shaffer Robert P
SOLD
-365,100
35.7626
-10,209
EVP
2022-10-25
Shaffer Robert P
SOLD FOR TAXES
-801,950
35.35
-22,686
EVP
2022-10-25
Shaffer Robert P
ACQUIRED
531,254
16.15
32,895
EVP
2022-10-21
Leonard James C.
BOUGHT
125,179
32.155
3,893
EVP & Chief Financial Officer
2022-10-21
Spence Timothy
BOUGHT
250,690
32.2929
7,763
President and CEO
2022-08-26
FEIGER MITCHELL
SOLD
-307,480
35.205
-8,734
-
2022-07-05
Spence Timothy
ACQUIRED
-
-
31,157
President and CEO

1–10 of 50

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.

FITB Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest Income    
Interest and fees on loans and leases$ 1,315$ 1,014$ 3,377$ 3,078
Interest on securities4142661,077809
Interest on other short-term investments31125829
Total interest income1,7601,2924,5123,916
Interest Expense    
Interest on deposits1121214748
Interest on federal funds purchased3040
Interest on other short-term borrowings430561
Interest on long-term debt10491273293
Total interest expense262103480342
Net Interest Income1,4981,1894,0323,574
Provision for (benefit from) credit losses158(42)383(330)
Net Interest Income After Provision for (Benefit from) Credit Losses1,3401,2313,6493,904
Noninterest Income    
Service charges on deposits143152449445
Wealth and asset management revenue141147430436
Commercial banking revenue134152406465
Card and processing revenue105102306298
Leasing business revenue6078179226
Mortgage banking net revenue6986152235
Other noninterest income59120195211
Securities (losses) gains, net(38)(1)(84)12
Securities losses, net – non-qualifying hedges on mortgage servicing rights(1)0(2)(2)
Total noninterest income6728362,0312,326
Noninterest Expense    
Compensation and benefits6056271,9001,971
Technology and communications10698306285
Net occupancy expense7479225235
Equipment expense3634108102
Leasing business expense333395102
Marketing expense35298772
Card and processing expense21195970
Other noninterest expense257253721704
Total noninterest expense1,1671,1723,5013,541
Income Before Income Taxes8458952,1792,689
Applicable income tax expense192191470582
Net Income6537041,7092,107
Dividends on preferred stock22207875
Net Income Available to Common Shareholders$ 631$ 684$ 1,631$ 2,032
Shares Disclosures    
Earnings per share - basic (in dollars per share)$ 0.91$ 0.98$ 2.37$ 2.87
Earnings per share - diluted (in dollars per share)$ 0.91$ 0.97$ 2.34$ 2.83
Average common shares outstanding - basic (in shares)689,278,078697,457,483688,617,910706,845,513
Average common shares outstanding - diluted (in shares)694,592,855706,089,674695,207,279715,803,010

FITB Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and due from banks$ 3,068$ 2,994
Other short-term Investments[1]6,59434,572
Available-for-sale debt and other securities[2]51,28938,110
Held-to-maturity securities[3]58
Trading debt securities414512
Equity securities315376
Loans and leases held for sale[4]1,9404,415
Portfolio loans and leases[1],[5]119,999112,050
Allowance for loan and lease losses[1](2,099)(1,892)
Portfolio loans and leases, net117,900110,158
Bank premises and equipment[6]2,1552,120
Operating lease equipment612616
Goodwill4,9254,514
Intangible assets181156
Servicing rights1,7321,121
Other assets[1]14,33311,444
Total Assets205,463211,116
Deposits:  
Noninterest-bearing deposits57,60165,088
Interest-bearing deposits104,051104,236
Total deposits161,652169,324
Federal funds purchased212281
Other short-term borrowings6,378980
Accrued taxes, interest and expenses1,5892,233
Other liabilities[1]7,1844,267
Long-term debt[1]11,71211,821
Total Liabilities188,727188,906
Equity  
Common stock[7]2,0512,051
Preferred stock[8]2,1162,116
Capital surplus3,6603,624
Retained earnings21,21920,236
Accumulated other comprehensive (loss) income(5,306)1,207
Treasury stock[7](7,004)(7,024)
Total Equity16,73622,210
Total Liabilities and Equity$ 205,463$ 211,116
[1]Includes $19 and $24 of other short-term investments, $223 and $322 of portfolio loans and leases, $(3) and $(2) of ALLL, $2 and $2 of other assets, $9 and $1 of other liabilities, and $156 and $263 of long-term debt from consolidated VIEs that are included in their respective captions above at September 30, 2022 and December 31, 2021, respectively. For further information, refer to Note 12.
[2]Amortized cost of $57,372 and $36,941 at September 30, 2022 and December 31, 2021, respectively.
[3]Fair value of $5 and $8 at September 30, 2022 and December 31, 2021, respectively.
[4]Includes $1,107 and $1,023 of residential mortgage loans held for sale measured at fair value at September 30, 2022 and December 31, 2021, respectively.
[5]Includes $125 and $154 of residential mortgage loans measured at fair value at September 30, 2022 and December 31, 2021, respectively.
[6]Includes $24 of bank premises and equipment held for sale at both September 30, 2022 and December 31, 2021.
[7]Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at September 30, 2022 – 686,343,370 (excludes 237,549,211 treasury shares), December 31, 2021 – 682,777,664 (excludes 241,114,917 treasury shares).
[8]500,000 shares of no par value preferred stock were authorized at both September 30, 2022 and December 31, 2021. There were 422,000 unissued shares of undesignated no par value preferred stock at both September 30, 2022 and December 31, 2021. 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, 2022 and December 31, 2021. There were 300,000 unissued shares of undesignated no par value Class B preferred stock at both September 30, 2022 and December 31, 2021. Each issued share of no par value Class B preferred stock has a liquidation preference of $1,000.