Fifth Third BancorpFITB
FITB
About: Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking branches and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.
Employees: 18,607
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 64
11% more capital invested
Capital invested by funds: $22.6B [Q2] → $25.2B (+$2.55B) [Q3]
4% more funds holding
Funds holding: 924 [Q2] → 960 (+36) [Q3]
3% more call options, than puts
Call options by funds: $206M | Put options by funds: $201M
9% less repeat investments, than reductions
Existing positions increased: 320 | Existing positions reduced: 352
3.84% less ownership
Funds ownership: 90.65% [Q2] → 86.81% (-3.84%) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$51
15%
upside
Avg. target
$53
20%
upside
High target
$56
26%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Truist Securities Brian Foran 100% 1-year accuracy 7 / 7 met price target | 15%upside $51 | Buy Initiated | 7 Jan 2025 |
Barclays Jason Goldberg 69% 1-year accuracy 37 / 54 met price target | 26%upside $56 | Overweight Maintained | 6 Jan 2025 |
Keefe, Bruyette & Woods David Konrad 68% 1-year accuracy 19 / 28 met price target | 15%upside $51 | Market Perform Maintained | 4 Dec 2024 |
Piper Sandler Scott Siefers 65% 1-year accuracy 17 / 26 met price target | 22%upside $54 | Overweight Maintained | 3 Dec 2024 |
Citigroup Keith Horowitz 76% 1-year accuracy 16 / 21 met price target | 17%upside $52 | Neutral Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 9 articles about FITB published over the past 30 days
Positive
Zacks Investment Research
4 hours ago
USB vs. FITB: Which Stock Is the Better Value Option?
Investors with an interest in Banks - Major Regional stocks have likely encountered both U.S. Bancorp (USB) and Fifth Third Bancorp (FITB). But which of these two stocks is more attractive to value investors?
Positive
Forbes
1 day ago
Stocks This Week: Buy Netflix And Fifth Third Bancorp
The monthly S&P 500 and NASDAQ composite cycles bottomed last week. There may be a minor pullback next month, but the overall uptrend is intact.
Negative
Zacks Investment Research
5 days ago
Weak Asset Quality to Hurt Fifth Third's Q4 Earnings, Fee Income to Aid
FITB's Q4 earnings are likely to have been impacted by weak asset quality and high costs. A rise in fee income is expected to have offered some support.
Neutral
Zacks Investment Research
5 days ago
Countdown to Fifth Third Bancorp (FITB) Q4 Earnings: Wall Street Forecasts for Key Metrics
Evaluate the expected performance of Fifth Third Bancorp (FITB) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Negative
Zacks Investment Research
6 days ago
Analysts Estimate Fifth Third Bancorp (FITB) to Report a Decline in Earnings: What to Look Out for
Fifth Third Bancorp (FITB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Negative
Seeking Alpha
1 week ago
Fifth Third: Watch For Commercial Credit Risk Metrics In Upcoming Report
Fifth Third rebounded sharply after its 2023 crash. Its low-duration securities have recouped their unrealized losses, and the bank has maintained strong net interest margins. FITB's price-to-tangible book ratio is elevated at ~2.3X, signaling potential overvaluation. Commercial and industrial loan delinquencies are rising, which could threaten FITB's equity value, especially if economic conditions worsen in 2025.
Positive
24/7 Wall Street
1 week ago
Truist Securities Starts 4 Top Dividend-Paying Financials With Buy Ratings
The financial sector had a strong year in 2024, with substantial returns for investors and significantly outperforming the broader market.
Neutral
Business Wire
1 week ago
Fifth Third Private Bank Recognized as Best Private Bank by Global Finance for Sixth Consecutive Year
CINCINNATI--(BUSINESS WIRE)--Fifth Third Private Bank, a division of Fifth Third Bank (NASDAQ: FITB), was named as a Best Private Bank (US, Regional) for the sixth consecutive year. In addition, the Private Bank was named Best Private Bank for Entrepreneurs (Globally) for the second year. The honors were announced by Global Finance for the 2025 World's Best Private Bank Awards. “Achieving excellence in wealth management goes beyond financial expertise. It requires a deep understanding of client.
Positive
Zacks Investment Research
2 weeks ago
Will Fifth Third Bancorp (FITB) Beat Estimates Again in Its Next Earnings Report?
Fifth Third Bancorp (FITB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
Business Wire
1 month ago
Fifth Third Bank to Decrease Prime Lending Rate to 7.50%
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, today announced it will decrease its prime lending rate to 7.50%, effective immediately. The rate was last changed on November 7, 2024, when Fifth Third decreased its prime lending rate from 8.00% to 7.75%. About Fifth Third Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve l.
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