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Fifth Third Bancorp NasdaqGS:FITB Stock Report

Last Price

US$42.93

Market Cap

US$28.3b

7D

-5.8%

1Y

24.5%

Updated

20 Dec, 2024

Data

Company Financials +

Fifth Third Bancorp

NasdaqGS:FITB Stock Report

Market Cap: US$28.3b

FITB Stock Overview

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. More details

FITB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

My Notes

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Fifth Third Bancorp Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fifth Third Bancorp
Historical stock prices
Current Share PriceUS$42.93
52 Week HighUS$49.07
52 Week LowUS$32.29
Beta1.24
1 Month Change-7.30%
3 Month Change-0.72%
1 Year Change24.54%
3 Year Change-0.33%
5 Year Change38.93%
Change since IPO3,217.33%

Recent News & Updates

Fifth Third Bancorp Doubled: Why I Believe It Has Still Room To Run

Oct 18

Fifth Third Bancorp (NASDAQ:FITB) Is Increasing Its Dividend To $0.37

Sep 17
Fifth Third Bancorp (NASDAQ:FITB) Is Increasing Its Dividend To $0.37

Recent updates

Fifth Third Bancorp Doubled: Why I Believe It Has Still Room To Run

Oct 18

Fifth Third Bancorp (NASDAQ:FITB) Is Increasing Its Dividend To $0.37

Sep 17
Fifth Third Bancorp (NASDAQ:FITB) Is Increasing Its Dividend To $0.37

Fifth Third Bancorp Series I PFD Offers 9% Yield But Potential Negative YTC

Sep 08

Fifth Third Bancorp Q2 Earnings Preview: NIM Improvement Likely Priced In (Rating Downgrade)

Jul 16

Fifth Third Bancorp: Expensive For The Right Reasons

Apr 24

Fifth Third Bancorp Q1 Earnings Preview: Higher Rates Could Boost Guidance (Rating Upgrade)

Apr 16

Fifth Third Bancorp: Holding On To Strong Fundamentals Despite Regional Banking Headwinds

Feb 05

Fifth Third Q4 Earnings: Buybacks Coming Sooner Than Expected

Jan 26

Fifth Third Bancorp Q3 2022 Earnings Preview

Oct 19

Fifth Third launches mortgage warehouse finance business

Sep 20

Fifth Third Bancorp raises quarterly dividend by 10%

Sep 12

Fifth Third Bancorp - Great Bank With An Expensive Stock

Aug 09

Fifth Third Bancorp GAAP EPS of $0.76 misses by $0.11, revenue of $2.01B misses by $70M

Jul 21

Fifth Third Bancorp expands sustainable finance goal to $100B target

Jun 30

Shareholder Returns

FITBUS BanksUS Market
7D-5.8%-5.5%-3.5%
1Y24.5%27.2%22.1%

Return vs Industry: FITB underperformed the US Banks industry which returned 27.2% over the past year.

Return vs Market: FITB exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is FITB's price volatile compared to industry and market?
FITB volatility
FITB Average Weekly Movement3.8%
Banks Industry Average Movement5.3%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: FITB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FITB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185818,579Tim Spencewww.53.com

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The 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.

Fifth Third Bancorp Fundamentals Summary

How do Fifth Third Bancorp's earnings and revenue compare to its market cap?
FITB fundamental statistics
Market capUS$28.34b
Earnings (TTM)US$2.07b
Revenue (TTM)US$8.06b

13.9x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FITB income statement (TTM)
RevenueUS$8.06b
Cost of RevenueUS$0
Gross ProfitUS$8.06b
Other ExpensesUS$6.00b
EarningsUS$2.07b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 21, 2025

Earnings per share (EPS)3.08
Gross Margin100.00%
Net Profit Margin25.62%
Debt/Equity Ratio100.8%

How did FITB perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

47%

Payout Ratio

Does FITB pay a reliable dividends?

See FITB dividend history and benchmarks
When do you need to buy FITB by to receive an upcoming dividend?
Fifth Third Bancorp dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend10 days
Days until Dividend pay date25 days

Does FITB pay a reliable dividends?

See FITB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fifth Third Bancorp is covered by 55 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
David GeorgeBaird
Jason GoldbergBarclays