Fifth Third Bancorp operates as a diversified financial services company in the United States.
Flawless balance sheet established dividend payer.
Share Price & News
How has Fifth Third Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0IM1's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0IM1 underperformed the UK Banks industry which returned -35.7% over the past year.
Return vs Market: 0IM1 underperformed the UK Market which returned -23% over the past year.
Price Volatility Vs. Market
How volatile is Fifth Third Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Fifth Third Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0IM1 ($13.32) is trading below our estimate of fair value ($36.04)
Significantly Below Fair Value: 0IM1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0IM1 is poor value based on its PE Ratio (4.7x) compared to the Banks industry average (4.5x).
PE vs Market: 0IM1 is good value based on its PE Ratio (4.7x) compared to the UK market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: 0IM1's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 0IM1 is overvalued based on its PB Ratio (0.6x) compared to the GB Banks industry average (0.5x).
How is Fifth Third Bancorp forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0IM1's earnings are forecast to decline over the next 3 years (-11.4% per year).
Earnings vs Market: 0IM1's earnings are forecast to decline over the next 3 years (-11.4% per year).
High Growth Earnings: 0IM1's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 0IM1's revenue (0.03% per year) is forecast to grow slower than the UK market (2.3% per year).
High Growth Revenue: 0IM1's revenue (0.03% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0IM1's Return on Equity is forecast to be low in 3 years time (11.9%).
How has Fifth Third Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0IM1 has high quality earnings.
Growing Profit Margin: 0IM1's current net profit margins (30.4%) are lower than last year (30.9%).
Past Earnings Growth Analysis
Earnings Trend: 0IM1's earnings have grown by 11.7% per year over the past 5 years.
Accelerating Growth: 0IM1's earnings growth over the past year (14.5%) exceeds its 5-year average (11.7% per year).
Earnings vs Industry: 0IM1 earnings growth over the past year (14.5%) underperformed the Banks industry 29.6%.
Return on Equity
High ROE: 0IM1's Return on Equity (11.8%) is considered low.
How is Fifth Third Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0IM1 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0IM1's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: 0IM1's level of assets compared to its equity is low.
Allowance for Bad Loans: 0IM1 has a sufficient allowance for bad loans.
Low Risk Liabilities: 0IM1's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0IM1 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0IM1's loans are broadly funded by customer deposits.
Level of Bad Loans: 0IM1 has an appropriate level of bad loans (0.57%)
What is Fifth Third Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 0IM1's dividend (6.81%) is higher than the bottom 25% of dividend payers in the UK market (2.69%).
High Dividend: 0IM1's dividend (6.81%) is low compared to the top 25% of dividend payers in the UK market (7.48%).
Stability and Growth of Payments
Stable Dividend: 0IM1's dividends per share have been stable in the past 10 years.
Growing Dividend: 0IM1's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.8%), 0IM1's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0IM1's dividends in 3 years are forecast to be well covered by earnings (33.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Carmichael (57yo)
Mr. Gregory D. Carmichael, is also known as Greg, has been the Chief Executive Officer of Fifth Third Bancorp and Fifth Third Bank, National Association ("Bank") since November 01, 2015. Mr. Carmichael ser ...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD9.00M) is above average for companies of similar size in the UK market ($USD5.40M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||6.42yrs||US$2.80m||0.025% $2.8m|
|Executive VP and Head of Consumer Bank||4.5yrs||US$2.61m||0.023% $2.6m|
|Head of Investment Banking & MD||no data||no data||no data|
|Executive VP & Chief Information Officer||2yrs||no data||0.0037% $420.8k|
|Director of Investor Relations||no data||no data||no data|
|Executive VP||1.83yrs||no data||0.0025% $278.7k|
|Chief Marketing Officer & Executive VP||3yrs||no data||no data|
|Executive VP & Chief Human Resources Officer||3yrs||no data||0.0073% $821.3k|
|Regional President||14.92yrs||no data||no data|
Experienced Management: 0IM1's management team is considered experienced (3.7 years average tenure).
|Regional President||1yr||no data||no data|
|Independent Director||8.33yrs||US$235.00k||0.0023% $262.9k|
|Independent Director||10.42yrs||US$255.00k||0.0038% $425.3k|
|Chairman of the Cincinnati region||2yrs||no data||no data|
|Lead Independent Director||2yrs||US$300.00k||0.0031% $350.9k|
|Independent Director||8.75yrs||US$220.00k||0.0034% $380.2k|
|Independent Director||13.25yrs||US$265.00k||0.0052% $586.7k|
|Independent Director||6.42yrs||US$230.00k||no data|
|Independent Director||10.42yrs||US$265.00k||0.0030% $337.3k|
Experienced Board: 0IM1's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0IM1 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.5%.
Fifth Third Bancorp's company bio, employee growth, exchange listings and data sources
- Name: Fifth Third Bancorp
- Ticker: 0IM1
- Exchange: LSE
- Founded: 1858
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$11.282b
- Shares outstanding: 711.13m
- Website: https://www.53.com
Number of Employees
- Fifth Third Bancorp
- 38 Fountain Square Plaza
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FITB||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Jan 1980|
|FFH||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1980|
|0IM1||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Jan 1980|
|FFH||BRSE (Berne Stock Exchange)||Yes||Common Shares||CH||CHF||Jan 1980|
|FFH||ETLX (Eurotlx)||Yes||Common Shares||IT||EUR||Jan 1980|
|A1HK3Y||DB (Deutsche Boerse AG)||5.1%-FRN JNR PERP USD 'H'||DE||USD||May 2013|
|FITB.I||NasdaqGS (Nasdaq Global Select)||DEP 1/1000 PFD||US||USD||Dec 2013|
|FFTD34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REP 1 COM NPV||BR||BRL||May 2019|
|FITB.P||NasdaqGS (Nasdaq Global Select)||6 DEP PFD B SR A||US||USD||Aug 2019|
|FITB.O||NasdaqGS (Nasdaq Global Select)||4.95 SHS PDF K||US||USD||Sep 2019|
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 asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients comprising states and municipalities. As of June 30, 2019, the company operated 1,207 full-service banking centers and 2,551 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 23:39|
|End of Day Share Price||2020/03/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.