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FITB

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

38.48USD+0.45 (+1.18%)Market Closed

Market Summary

FITB
USD38.48+0.45
Market Closed
1.18%

FITB Alerts

  • 2 major insider sales recently.
  • Big fall in Revenue (Y/Y)

FITB Stock Price

View Fullscreen

FITB RSI Chart

FITB Valuation

Market Cap

26.0B

Price/Earnings (Trailing)

11.26

Price/Sales (Trailing)

3.15

EV/EBITDA

4.25

Price/Free Cashflow

8.31

FITB Price/Sales (Trailing)

FITB Profitability

EBT Margin

35.47%

Return on Equity

12.15%

Return on Assets

1.08%

Free Cashflow Yield

12.04%

FITB Fundamentals

FITB Revenue

Revenue (TTM)

8.3B

Rev. Growth (Yr)

-67.92%

Rev. Growth (Qtr)

-73.18%

FITB Earnings

Earnings (TTM)

2.3B

Earnings Growth (Yr)

-6.81%

Earnings Growth (Qtr)

-1.89%

Breaking Down FITB Revenue

52 Week Range

23.1438.50
(Low)(High)

Last 7 days

4.3%

Last 30 days

7.7%

Last 90 days

14.0%

Trailing 12 Months

55.8%

How does FITB drawdown profile look like?

FITB Financial Health

Debt/Equity

0.81

Debt/Cashflow

0.23

FITB Investor Care

Dividend Yield

3.63%

Dividend/Share (TTM)

1.38

Shares Dilution (1Y)

0.49%

Diluted EPS (TTM)

3.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.3B000
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
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Tracking the Latest Insider Buys and Sells of Fifth Third Bancorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
schramm jude
sold
-93,750
37.5
-2,500
evp & cio
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
brumback emerson l
acquired
-
-
4,107
-
Apr 16, 2024
heminger gary r.
acquired
-
-
4,107
-
Apr 16, 2024
bayh evan
acquired
-
-
4,107
-
Apr 16, 2024
mallesch eileen a
acquired
-
-
4,107
-
Apr 16, 2024
clement-holmes linda w
acquired
-
-
4,107
-
Apr 16, 2024
daniels c. bryan
acquired
-
-
4,107
-
Apr 16, 2024
williams marsha c
acquired
-
-
4,107
-

1–10 of 50

Which funds bought or sold FITB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
GREAT VALLEY ADVISOR GROUP, INC.
added
7.8
47,764
342,315
0.01%
May 06, 2024
ORG Partners LLC
sold off
-100
-12,416
-
-%
May 06, 2024
Merit Financial Group, LLC
reduced
-2.37
30,756
517,170
0.01%
May 06, 2024
NOVARE CAPITAL MANAGEMENT LLC
unchanged
-
22,440
306,983
0.03%
May 06, 2024
Candriam S.C.A.
added
3.01
209,640
2,093,400
0.01%
May 06, 2024
Advisors Capital Management, LLC
added
0.67
1,262,000
15,924,000
0.29%
May 06, 2024
Aveo Capital Partners, LLC
reduced
-5.82
5,267
210,862
0.02%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-3.38
155,202
3,815,620
0.04%
May 06, 2024
Empowered Funds, LLC
added
55.75
168,862
417,087
0.01%
May 06, 2024
HighTower Advisors, LLC
added
3.3
631,000
6,061,000
0.01%

1–10 of 50

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
May 07, 2024
10-Q
Quarterly Report
May 02, 2024
4
Insider Trading
May 01, 2024
144
Notice of Insider Sale Intent
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

Peers (Alternatives to Fifth Third Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
550.7B
174.7B
-2.88% 39.91%
10.94
3.15
53.11% 19.83%
296.0B
127.4B
1.99% 36.69%
11.83
2.15
56.12% -12.56%
210.0B
85.8B
4.95% 56.96%
11.19
2.45
35.02% 26.14%
118.3B
125.0B
0.65% 33.74%
14.8
0.95
37.85% -
16.2B
10.4B
4.71% 38.12%
11.31
1.55
26.22% -33.87%
14.1B
8.1B
-0.80% 54.34%
16.12
1.73
32.15% -50.93%
MID-CAP
7.1B
4.2B
1.12% 47.25%
10.15
1.66
34.68% -45.96%
6.5B
3.9B
4.13% 80.63%
9.55
1.64
45.91% -25.03%
3.4B
1.3B
5.29% 67.41%
12.7
2.67
43.24% -22.35%
3.3B
1.8B
5.37% 45.89%
20.77
1.64
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
399.1M
152.4M
-3.36% 49.04%
40.14
2.62
16.94% -73.84%
389.7M
162.6M
0.47% 17.60%
12.96
2.4
25.39% -38.37%
273.7M
96.6M
-5.55% 16.05%
8.64
2.83
11.02% -11.37%
40.3M
60.9M
-4.84% -16.90%
-12.04
0.66
24.06% -144.92%

Fifth Third Bancorp News

Latest updates
Defense World • 5 hours ago
Yahoo Canada Shine On • 06 May 2024 • 07:34 am
Defense World • 05 May 2024 • 08:51 pm
Yahoo Finance • 27 Mar 2024 • 07:00 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-73.2%7102,6482,5292,3702,2132,0751,7601,4641,2891,2951,2921,3231,3021,3151,3291,4031,5251,5601,6251,6361,433
EBITDA Margin15.9%1.10*0.95*1.06*1.16*1.27*1.39*1.47*1.55*1.61*1.66*1.66*----------
Interest Expenses-2.2%1,3841,4161,4381,4571,5171,5771,4981,3391,1951,1971,1891,2081,1761,1831,1701,2001,2291,2281,2421,2451,082
Income Taxes15.5%13812018617416017619216211816519120218914216549.0014.00206140124221
Earnings Before Taxes1.3%65865084677571891384572461282889591188374774624460.00941689577996
EBT Margin15.8%0.35*0.31*0.35*0.39*0.43*0.47*0.52*0.57*0.62*0.67*0.66*----------
Net Income-1.9%52053066060155873765356249466370470969460558119546.00735549453775
Net Income Margin16.3%0.28*0.24*0.28*0.30*0.33*0.37*0.41*0.45*0.49*0.53*0.52*----------
Free Cashflow-83.5%3211,9465193451,2081,9651,6138781,6241,2571,141----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.0%214,506214,574212,967207,276208,657207,452205,463206,782211,459211,116207,731205,390206,899204,680201,996202,906185,391169,369171,079168,80220,000
    Cash Equivalents-11.0%2,7963,1422,8372,5942,7803,4663,0683,4373,0492,9943,2133,2853,1223,1472,9963,2213,2823,2783,2612,764-
  Net PPE1.1%2,3762,3492,3032,2752,2192,1872,1552,1182,1022,1202,1012,0732,0722,0882,0902,0532,0091,9952,0532,0742,092
  Goodwill0.0%4,9184,9194,9194,9194,9154,9154,9254,9264,5144,5144,5144,2594,2594,2584,2614,2614,2614,2524,2904,2841,786
Liabilities0.0%195,488195,402196,423189,467190,293190,125188,727187,812191,282188,906185,207182,464184,304181,569179,045180,571163,518148,166149,675148,131148,009
  Long Term Debt-5.7%15,44416,38016,31012,27812,89313,71411,71210,99010,81511,82111,41912,36414,74314,97315,12316,32716,28214,97014,47415,78415,483
Shareholder's Equity-0.8%19,01819,17216,54417,80918,36417,32716,73618,97020,17722,21022,52422,92622,59523,11122,95122,33521,87321,20321,40420,67119,844
  Retained Earnings1.0%23,22422,99722,74722,36622,03221,68921,21920,81820,50120,23619,81719,34318,86318,38418,01017,64317,67718,31517,78617,43117,184
  Additional Paid-In Capital-0.4%3,7423,7573,7333,7083,6823,6843,6603,6363,6153,6243,6113,6023,5923,6353,6243,6033,5973,5993,5893,5723,444
Shares Outstanding0.4%684681681681681683689689688702707709---------
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-81.4%3862,0726364801,3212,0731,7109581,6871,3421,239489-366-1,64463.001,5194331,379-363274534
  Share Based Compensation128.6%64.0028.0030.0035.0076.0028.0030.0028.0079.0020.0021.0024.0055.0023.0023.0024.0053.0023.0025.0030.0054.00
Cashflow From Investing72.5%-229-833-6,693401-2,363-3,774-1,7242,244-1,617-5,643-2,7132,710-2,322-3091,098-18,510-14,181530-1,159953-1,121
Cashflow From Financing46.1%-503-9346,300-1,0673562,099-355-2,814-15.004,0821,402-3,0362,6632,104-1,38616,93013,752-1,8922,019-1,212655
  Dividend Payments4.0%287276225265294227228242230243210229215229212227190207238165143
  Buy Backs-----200100---316550347180----300350200913
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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 May 07 2024, market cap of Fifth Third Bancorp is 26.01 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 May 07 2024, FITB's PE ratio (Price to Earnings) is 11.26 and Price to Sales (PS) ratio is 3.15. 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 0.094 (multiply by 100 for percentage) rate of return.