Fifth Third Bancorp (NASDAQ:FITB – Free Report) – Equities research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Fifth Third Bancorp in a research note issued to investors on Monday, April 21st. DA Davidson analyst P. Winter anticipates that the financial services provider will post earnings per share of $0.91 for the quarter. DA Davidson has a “Neutral” rating and a $42.00 price objective on the stock. The consensus estimate for Fifth Third Bancorp’s current full-year earnings is $3.68 per share. DA Davidson also issued estimates for Fifth Third Bancorp’s FY2025 earnings at $3.58 EPS and FY2026 earnings at $4.04 EPS.
A number of other research analysts also recently commented on the company. Robert W. Baird upgraded Fifth Third Bancorp from a “neutral” rating to an “outperform” rating and set a $47.00 price objective on the stock in a report on Monday, April 7th. Royal Bank of Canada restated an “outperform” rating and set a $47.00 price objective on shares of Fifth Third Bancorp in a research report on Monday, February 10th. Morgan Stanley cut their price target on shares of Fifth Third Bancorp from $57.00 to $52.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 13th. Piper Sandler reiterated an “overweight” rating and set a $53.00 target price (down previously from $54.00) on shares of Fifth Third Bancorp in a research report on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. dropped their price target on Fifth Third Bancorp from $49.00 to $42.00 and set an “overweight” rating on the stock in a research note on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Fifth Third Bancorp presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.71.
Fifth Third Bancorp Stock Performance
NASDAQ:FITB opened at $33.32 on Tuesday. Fifth Third Bancorp has a 12 month low of $32.25 and a 12 month high of $49.07. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market capitalization of $22.26 billion, a PE ratio of 10.61, a price-to-earnings-growth ratio of 1.42 and a beta of 0.99. The business’s fifty day moving average price is $38.95 and its 200 day moving average price is $42.60.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.73 EPS for the quarter, topping the consensus estimate of $0.70 by $0.03. Fifth Third Bancorp had a net margin of 17.43% and a return on equity of 14.10%. The company had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter in the previous year, the business posted $0.70 EPS.
Fifth Third Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 4.44%. The ex-dividend date of this dividend was Monday, March 31st. Fifth Third Bancorp’s dividend payout ratio (DPR) is presently 46.98%.
Insider Activity
In other Fifth Third Bancorp news, EVP Kevin P. Lavender sold 21,700 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $43.55, for a total value of $945,035.00. Following the sale, the executive vice president now owns 130,856 shares of the company’s stock, valued at approximately $5,698,778.80. This represents a 14.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO James C. Leonard sold 17,200 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $44.26, for a total transaction of $761,272.00. Following the transaction, the chief operating officer now owns 244,487 shares of the company’s stock, valued at $10,820,994.62. This trade represents a 6.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.53% of the company’s stock.
Institutional Trading of Fifth Third Bancorp
A number of large investors have recently made changes to their positions in FITB. Boston Common Asset Management LLC boosted its stake in shares of Fifth Third Bancorp by 12.4% during the 4th quarter. Boston Common Asset Management LLC now owns 309,350 shares of the financial services provider’s stock worth $13,079,000 after purchasing an additional 34,203 shares during the last quarter. Boston Partners raised its holdings in Fifth Third Bancorp by 6.2% in the 4th quarter. Boston Partners now owns 14,135,430 shares of the financial services provider’s stock valued at $597,692,000 after acquiring an additional 823,803 shares during the last quarter. AMJ Financial Wealth Management lifted its stake in shares of Fifth Third Bancorp by 4.2% during the 4th quarter. AMJ Financial Wealth Management now owns 232,803 shares of the financial services provider’s stock worth $9,843,000 after purchasing an additional 9,401 shares during the period. Banco Santander S.A. purchased a new stake in shares of Fifth Third Bancorp in the fourth quarter valued at $357,000. Finally, Lockheed Martin Investment Management Co. purchased a new position in Fifth Third Bancorp during the fourth quarter worth about $9,878,000. Institutional investors and hedge funds own 83.79% of the company’s stock.
Fifth Third Bancorp Company Profile
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.
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