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Fifth Third Bancorp NasdaqGS:FITB Stock Report

Last Price

US$42.07

Market Cap

US$28.4b

7D

3.4%

1Y

53.3%

Updated

15 Sep, 2024

Data

Company Financials +

Fifth Third Bancorp

NasdaqGS:FITB Stock Report

Market Cap: US$28.4b

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.

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

Community Narratives

Narratives bring a range of perspectives from our community.

US$43.50
FV
3.3% undervalued intrinsic discount
6.37%
Revenue growth p.a.
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0users have followed this narrative
7 days agoauthor updated this narrative

Fifth Third Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fifth Third Bancorp
Historical stock prices
Current Share PriceUS$42.07
52 Week HighUS$42.91
52 Week LowUS$22.49
Beta1.24
11 Month Change3.42%
3 Month Change18.01%
1 Year Change53.32%
33 Year Change4.86%
5 Year Change51.17%
Change since IPO3,150.88%

Recent News & Updates

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

Recent updates

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's (NASDAQ:FITB) Dividend Will Be $0.35

Dec 16
Fifth Third Bancorp's (NASDAQ:FITB) Dividend Will Be $0.35

Fifth Third Bancorp (NASDAQ:FITB) Ticks All The Boxes When It Comes To Earnings Growth

Nov 30
Fifth Third Bancorp (NASDAQ:FITB) Ticks All The Boxes When It Comes To Earnings Growth

Fifth Third Bancorp (NASDAQ:FITB) Ticks All The Boxes When It Comes To Earnings Growth

Aug 13
Fifth Third Bancorp (NASDAQ:FITB) Ticks All The Boxes When It Comes To Earnings Growth

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

Do Fifth Third Bancorp's (NASDAQ:FITB) Earnings Warrant Your Attention?

Jul 20
Do Fifth Third Bancorp's (NASDAQ:FITB) Earnings Warrant Your Attention?

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

Jun 30

Fifth Third Bancorp: Attractively Positioned For Rising Rates

May 28

Shareholder Returns

FITBUS BanksUS Market
7D3.4%-0.8%4.2%
1Y53.3%33.5%24.4%

Return vs Industry: FITB exceeded the US Banks industry which returned 33.6% over the past year.

Return vs Market: FITB exceeded the US Market which returned 24.4% over the past year.

Price Volatility

Is FITB's price volatile compared to industry and market?
FITB volatility
FITB Average Weekly Movement3.3%
Banks Industry Average Movement4.7%
Market Average Movement6.4%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: FITB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185818,607Tim 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$28.44b
Earnings (TTM)US$2.16b
Revenue (TTM)US$8.13b

13.2x

P/E Ratio

1.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FITB income statement (TTM)
RevenueUS$8.13b
Cost of RevenueUS$0
Gross ProfitUS$8.13b
Other ExpensesUS$5.97b
EarningsUS$2.16b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 18, 2024

Earnings per share (EPS)3.19
Gross Margin100.00%
Net Profit Margin26.54%
Debt/Equity Ratio119.5%

How did FITB perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

44%

Payout Ratio