Financial Services -
Banks - Regional - NASDAQ - US
$ 39.34
1.44 %
$ 26.3 B
Market Cap
12.37
P/E
1. INTRINSIC VALUE
Balance Sheet
Fifth Third Bancorp
| Current Assets | 65.6 B |
| Cash & Short-Term Investments | 58.9 B |
| Receivables | 6.52 B |
| Other Current Assets | 142 M |
| Non-Current Assets | 147 B |
| Long-Term Investments | 131 B |
| PP&E | 3.32 B |
| Other Non-Current Assets | 12.5 B |
| Current Liabilities | 172 B |
| Accounts Payable | 0 |
| Short-Term Debt | 4.64 B |
| Other Current Liabilities | 167 B |
| Non-Current Liabilities | 21.4 B |
| Long-Term Debt | 14.3 B |
| Other Non-Current Liabilities | 7.06 B |
EFFICIENCY
Earnings Waterfall
Fifth Third Bancorp
| Revenue | 13 B |
| Cost Of Revenue | 5.33 B |
| Gross Profit | 7.72 B |
| Operating Expenses | 4.81 B |
| Operating Income | 2.92 B |
| Other Expenses | 602 M |
| Net Income | 2.31 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Fifth Third Bancorp
| Net Income | 2.31 B |
| Depreciation & Amortization | 495 M |
| Capital Expenditures | -414 M |
| Stock-Based Compensation | 164 M |
| Change in Working Capital | -558 M |
| Others | -221 M |
| Free Cash Flow | 2.41 B |
Wall Street Analysts Price Targets
Fifth Third Bancorp
Wall Street analysts predict an average 1-year price target for FITB of $44.7 , with forecasts ranging from
a
low of
$42 to a high of $48 .
FITB Lowest Price Target
Wall Street Target
42 USD
6.76%
FITB Average Price Target
Wall Street Target
44.7 USD
13.54%
FITB Highest Price Target
Wall Street Target
48 USD
22.01%
4. DIVIDEND
ANALYSIS
1.13%
DIVIDEND YIELD
0.37 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Fifth Third Bancorp
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
2.45 M USD 4
6-9 MONTHS
1.54 M USD 2
9-12 MONTHS
2.68 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Fifth Third Announces Three-Year, $20M Investment in North Nashville
Fifth Third (NASDAQ: FITB) and Nashville leaders announced today that North Nashville will join the Fifth Third Neighborhood Program, bringing an influx of $20 million over three years to help revitalize the community. “Fifth Third could not be more excited to bring our innovative Neighborhood Program to North Nashville,” said Kala Gibson, chief corporate responsibility officer for Fifth Third. “We piloted our place-based economic development program back in 2019 and rolled it out in nine neighborhoods across our footprint in 2021. We have invested nearly $255 million since that time and witnessed generational, transformative change. We’re thrilled about the opportunity to apply what we’ve learned and help North Nashville realize similar outcomes and impact.” aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); In partnership with Affordable Housing Resources, Inc., Pathway Lending and United Way of Greater Nashville, Fifth Third and lead technical assistance partner Enterprise Community Partners will help community members implement their economic mobility roadmap that will help advance economic mobility and financial inclusion for the residents and businesses of North Nashville. To support this work, Fifth Third is pledging a $20 million investment in traditional financial and philanthropic capital in North Nashville over the next three years, including $1 million each to Affordable Housing Resources and the United Way from the Fifth Third Foundation. “As a long-time resident of North Nashville I welcome this investment in our neighborhoods,” said Nashville Mayor Freddie O'Connell. “We’ve been trying to shift how we invest in North Nashville. Recently, we've taken a special budgeting process and directed hundreds of thousands of dollars into four North Nashville Council districts. Then, we put $1 million directly into a multi-year effort anchored at Matthew Walker Comprehensive Health Center focused on lowering blood pressure. We've started to lower electric bills through a new insulation partnership with NES. And at least $7 million in federal funding to help North Nashville continue to recover from the long-term impacts of the 2020 tornado. “Now we will amplify those investments with a $20 million commitment from Fifth Third that will result in community development through housing preservation, small business assistance, and vacant lot activation. Community members will see the results starting later this year,” Mayor O'Connell said. Nashville’s economic mobility roadmap includes several key focus areas: growing housing and homeownership, such as by developing and preserving affordable housing; investing in small businesses and community wealth-building, such as by expanding access to capital and business planning; investing in people-based programs and services, such as by supporting education-to-career pathways; and investing in infrastructure and environmental priorities, such as by addressing tornado damage and highway impacts. “I am thrilled that North Nashville has been selected for Fifth Third’s Neighborhood Program,” said David Briggs, Tennessee region president for Fifth Third Bank. “The North Nashville community embodies both the rich history of this city and the promise and challenges of its future. This investment of financial and intellectual capital illustrates Fifth Third’s commitment to ensuring that all the members of the North Nashville community can share in its growth and truly make their lives a Fifth Third Better.” Fifth Third prioritizes broadening financial access and neighborhood revitalization through its Neighborhood Program, a community development initiative launched in 2021 which creates and implements innovative place-based strategies to effect positive change in historically disinvested neighborhoods across the Bank’s 11-state consumer bank footprint. The program is pioneering a new place-based approach to community development by partnering with a lead partner organization, Enterprise Community Partners, and local organizations to build ecosystems that drive real change through both financial and social investments. This collective ecosystem approach is focused on identifying solutions to key challenges in partnership with the community, with the goal of creating lasting, transformative change. The place-based concept was piloted in 2019 in Detroit’s Gratiot & Seven Mile neighborhood. Two years later, the program expanded into the Neighborhood Program, adding nine additional neighborhoods in seven states. Through the Neighborhood Program, Fifth Third has directly invested nearly $255 million across the nine neighborhoods. That investment helped catalyze over $200 million in additional investment. The result: $455 million in total Fifth Third-driven investments and tangible community impact, including: 584 new rental homes developed to increase the supply of affordable rental housing; 437 existing homes preserved; 1,932 homeowners assisted through purchase assistance, classes, repairs, and other programs; 926 small businesses supported through technical assistance and other programs; 70 key positions filled to help community organizations build capacity; $25 million in philanthropic investment by Fifth Third. 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 lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC. View source version on businesswire.com: https://www.businesswire.com/news/home/20250620742232/en/
https://www.marketscreener.com
- 5 days ago
Fifth Third Announces Three-Year, $20M Investment in North Nashville
CINCINNATI--(BUSINESS WIRE)--North Nashville will join the Fifth Third Neighborhood Program, bringing an influx of $20 million over three years to help revitalize the community.
businesswire.com
- 5 days ago
Fifth Third Rewards Shareholders With New Share Repurchase Program
FITB expands its buyback plan with a fresh $100M repurchase authorization, reinforcing its shareholder return focus.
zacks.com
- 1 week ago
Fifth Third Awards $16M in New Markets Tax Credits to Community Facilities in Atlanta, Cincinnati
CINCINNATI--(BUSINESS WIRE)--Fifth Third (NASDAQ: FITB) has awarded $16 million in New Markets Tax Credits (NMTCs) to three facilities in Atlanta and Cincinnati that will help spur economic mobility and community revitalization in historically disinvested neighborhoods. “Our approach to community development at Fifth Third is place-based and people-first, and it considers the total wellbeing of all residents who call a neighborhood home,” said Kala Gibson, chief corporate responsibility officer.
businesswire.com
- 1 week ago
Fifth Third Bancorp Announces Share Repurchase Authorization
CINCINNATI--(BUSINESS WIRE)--Today, Fifth Third Bancorp announced that its Board of Directors approved a new share repurchase authorization of up to 100 million shares, which replaces the previous authorization from 2019 under which 11.8 million shares remain. The new repurchase authorization does not have an expiration date, does not include specific price targets, may be executed through open market purchases or one or more private negotiated transactions, including Rule 10b5-1 programs, and.
businesswire.com
- 1 week ago
BAC, USB & Fifth Third Open to Stablecoins Amid Regulatory Shift
Bank of America, U.S. Bancorp and Fifth Third signal readiness to adopt stablecoins as bipartisan bills promise clearer U.S. regulation.
zacks.com
- 1 week ago
Fifth Third Bancorp Announces Cash Dividends
CINCINNATI--(BUSINESS WIRE)--Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.37 per share for the second quarter of 2025. The dividend is payable on July 15, 2025 to shareholders of recor.
businesswire.com
- 1 week ago
Fifth Third Named Among the Best and Brightest in Wellness by National Association for Business Resources
CINCINNATI--(BUSINESS WIRE)--For the second consecutive year, Fifth Third (Nasdaq: FITB) has been named among the Nation's Best and Brightest in Wellness by the National Association for Business Resources (NABR). This award recognizes companies that have demonstrated exceptional commitment to promoting employee wellness and creating a healthy working environment. “This award highlights Fifth Third's dedication to fostering a workplace culture that prioritizes wellness through support, education.
businesswire.com
- 2 weeks ago
Fifth Third Bank, National Association, Names Scott Daigle as North Florida President, Cary Putrino as Region Chairman
TAMPA, Fla.--(BUSINESS WIRE)--Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Scott Daigle as North Florida region president. Daigle succeeds Cary Putrino, who has transitioned into a new role as region chairman in North Florida. Putrino will focus on business development, special projects and brand ambassadorship. “Cary has exemplified what strong regional leadership looks like—building trusted relationships, fostering deep community engagement and consistently prioritizin.
businesswire.com
- 3 weeks ago
J.D. Power Recognizes Fifth Third as No. 1 for Banking Mobile App User Satisfaction Among Regional Banks
CINCINNATI--(BUSINESS WIRE)--J.D. Power today recognizes Fifth Third Bank (NASDAQ: FITB) as America's best mobile banking app experience among regional banks as part of its 2025 U.S. Banking Mobile App Satisfaction StudySM. Study respondents also rate Fifth Third No. 1 for Visual Appeal. “We're honored by this recognition from our customers,” said Ben Hoffman, chief strategy officer and head of consumer products at Fifth Third. “Our digital teams are dedicated to delivering seamless, high-quali.
businesswire.com
- 4 weeks ago
Fifth Third Bancorp to Participate in the Morgan Stanley U.S. Financials Conference
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) will participate in the 2025 Morgan Stanley U.S. Financials Conference on June 10, 2025, at approximately 7:30 AM ET. Bryan Preston, executive vice president and chief financial officer, will represent the Company. Audio webcast and any presentation slides may be viewed live and for approximately 14 days after the conference through the Investor Relations section of www.53.com. Additionally, any slides used in the presentation will.
businesswire.com
- 1 month ago
Fifth Third Recognized Among Forbes 2025 America's Best Employers for New Grads
CINCINNATI--(BUSINESS WIRE)--Fifth Third (Nasdaq: FITB) has been awarded a place on the 2025 Forbes list of America's Best Employers for New Grads. This award highlights Fifth Third's dedication to fostering a workplace where recent graduates can thrive, grow and make a meaningful impact from day one. “At Fifth Third, building strong connections with our customers, our communities and each other is at the core of who we are. Our early career programs provide an invaluable experience to students.
businesswire.com
- 1 month ago
8. Profile
Summary
Fifth Third Bancorp FITB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 26.3 B
Dividend Yield
1.13%
Description
Fifth Third Bancorp operates as a diversified financial services company in the United States. 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. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives 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. As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.
Contact
Fifth Third Center, Cincinnati, OH, 45263
https://www.53.com
IPO
Date
March 17, 1980
Employees
18786
Officers
Mr. Rob Schipper
Head of Investment Banking & MD
Mr. Robert P. Shaffer
Executive Vice President & Chief Risk Officer
Mr. Jeffrey A. Lopper
Senior Vice President & Chief Accounting Officer
Mr. Timothy N. Spence
Chairman, Chief Executive Officer & President
Mr. James C. Leonard CPA
Executive Vice President & Chief Operating Officer
Mr. Kevin Patrick Lavender
Executive Vice President & Head of Commercial Banking
Ms. Melissa S. Stevens
Executive Vice President & Chief Marketing Officer
Mr. Bryan D. Preston
Executive Vice President & Chief Financial Officer
Mr. Jude A. Schramm
Executive Vice President & Chief Information Officer
Ms. Susan B. Zaunbrecher J.D.
Executive Vice President, Chief legal Officer & Corporate Secretary