Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Fifth Third Bancorp Market Cap
From what 28 stock analysts predict, the share price for Fifth Third Bancorp (FITB) might increase by 4.7% in the next year. This is based on a 12-month average estimation for FITB. Price targets go from $28.65 to $51. The majority of stock analysts believe FITB is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 28 Wall Street analysts have assigned FITB 3 buy ratings, 22 hold ratings, and 3 sell ratings. This means that analysts expect Fifth Third Bancorp to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FITB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of FITB.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| John Pancari Evercore ISI Group | In-Line | $47 | Maintains | Oct 2, 2024 |
| Manan Gosalia Morgan Stanley | Equal-Weight | $51 | Maintains | Sep 30, 2024 |
| Manan Gosalia Morgan Stanley | Equal-Weight | $47 | Maintains | Aug 5, 2024 |
| Ebrahim Poonawala B of A Securities | Buy | $45 | Maintains | Jul 22, 2024 |
| Gerard Cassidy RBC Capital | Outperform | $43 | Maintains | Jul 22, 2024 |
| Stephen Biggar Argus Research | Buy | $46 | Maintains | Jul 22, 2024 |
| Manan Gosalia Morgan Stanley | Equal-Weight | $40 | Maintains | Jul 22, 2024 |
Jefferies | Buy | $43 | Maintains | Jul 3, 2024 |
| John Pancari Evercore ISI Group | In-Line | $41 | Maintains | Jun 25, 2024 |
| Terry McEvoy Stephens & Co. | Equal-Weight | $41 | Reiterates | Jun 11, 2024 |
| David Konrad Keefe, Bruyette & Woods | Market Perform | $40 | Maintains | Jun 11, 2024 |
| Bill Carcache Wolfe Research | Outperform | $43 | Upgrade | May 31, 2024 |
| Vivek Juneja JP Morgan | Overweight | $39.5 | Upgrade | May 1, 2024 |
| David Konrad Keefe, Bruyette & Woods | Market Perform | $40 | Reiterates | Apr 22, 2024 |
| Peter Winter DA Davidson | Neutral | $39 | Maintains | Apr 22, 2024 |
| Manan Gosalia Morgan Stanley | Equal-Weight | $36 | Maintains | Apr 22, 2024 |
| David Konrad Keefe, Bruyette & Woods | Market Perform | $39 | Maintains | Apr 5, 2024 |
| Erika Najarian UBS | Neutral | $39 | Downgrade | Apr 4, 2024 |
| David George Baird | Neutral | $32 | Downgrade | Apr 1, 2024 |
| Whit Mayo Wells Fargo | Overweight | $41 | Maintains | Mar 28, 2024 |
When did it IPO
1990
Staff Count
18,607
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Timothy N. Spence
Market Cap
$28.46B
In 2023, FITB generated $8.41B in revenue, which was a increase of 4.36% from the previous year. This can be seen as a signal that FITB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 27 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Fifth Third Bancorp (FITB) may be a potential dividend stock, but investors should conduct thorough research to assess its suitability.
Why It Matters - Fifth Third Bancorp's potential for dividends could attract income-focused investors, impacting its stock demand and overall market perception.
Wed, 25 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Fifth Third has been recognized by USA Today as one of America's Climate Leaders for 2024, highlighting its commitment to sustainability.
Why It Matters - Fifth Third's recognition as a Climate Leader enhances its reputation, potentially attracting environmentally conscious investors and boosting its stock value.
Thu, 26 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Fifth Third New Markets Development Company has won a $50 million allocation in New Markets Tax Credits from the U.S. Treasury, part of a $5 billion fund for community development.
Why It Matters - The $50 million allocation in New Markets Tax Credits enhances Fifth Third's investment capacity, potentially boosting community projects and generating positive economic impacts, influencing stock performance.
Fri, 27 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Fifth Third Bank has been named a 2024 Leading Disability Employer by the National Organization on Disability for its inclusive employment practices ahead of National Disability Employment Awareness Month.
Why It Matters - Fifth Third's recognition as a Leading Disability Employer enhances its reputation, potentially attracting socially conscious investors and improving employee retention, which can positively impact financial performance.
Thu, 26 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Next week, 13 companies, including Illinois Tool Works (7.4%) and Federal Realty Investment Trust (0.9%), will announce dividend increases. The focus is on consistent dividend growth.
Why It Matters - Dividend increases signal corporate health and can enhance portfolio income. Notable increases from Dividend Kings like Illinois Tool Works may attract income-focused investors, impacting stock demand.
Mon, 23 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Fifth Third's Newline™ has won Tearsheet's Best New Embedded Finance Platform award at the 2024 Big Bank Theory Awards, recognizing innovation in banking and finance.
Why It Matters - Recognition of Newline™ as the Best New Embedded Finance Platform highlights Fifth Third's innovation, potentially boosting its market position and attracting investor interest in its growth prospects.
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