Fifth Third Bancorp (NASDAQ:FITB – Free Report) – Equities research analysts at Zacks Research lowered their Q1 2025 EPS estimates for Fifth Third Bancorp in a research report issued to clients and investors on Tuesday, February 11th. Zacks Research analyst R. Department now expects that the financial services provider will earn $0.69 per share for the quarter, down from their previous estimate of $0.73. The consensus estimate for Fifth Third Bancorp’s current full-year earnings is $3.67 per share. Zacks Research also issued estimates for Fifth Third Bancorp’s Q4 2025 earnings at $1.03 EPS.
A number of other research firms have also issued reports on FITB. Piper Sandler reissued an “overweight” rating and issued a $53.00 target price (down previously from $54.00) on shares of Fifth Third Bancorp in a report on Wednesday, January 22nd. Baird R W cut shares of Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st. Truist Financial raised their target price on shares of Fifth Third Bancorp from $51.00 to $52.00 and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted their price target on shares of Fifth Third Bancorp from $45.00 to $51.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Finally, Wells Fargo & Company raised their price objective on shares of Fifth Third Bancorp from $52.00 to $54.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $46.75.
Fifth Third Bancorp Stock Performance
Shares of FITB stock opened at $44.06 on Friday. The stock’s 50-day moving average price is $43.70 and its 200 day moving average price is $43.50. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $29.54 billion, a PE ratio of 14.03, a price-to-earnings-growth ratio of 1.44 and a beta of 1.23. Fifth Third Bancorp has a 52-week low of $33.03 and a 52-week high of $49.07.
Hedge Funds Weigh In On Fifth Third Bancorp
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Retirement Wealth Solutions LLC purchased a new position in shares of Fifth Third Bancorp during the 4th quarter worth approximately $25,000. Venturi Wealth Management LLC increased its position in Fifth Third Bancorp by 89.5% during the third quarter. Venturi Wealth Management LLC now owns 669 shares of the financial services provider’s stock worth $29,000 after buying an additional 316 shares in the last quarter. Sierra Ocean LLC acquired a new position in shares of Fifth Third Bancorp in the fourth quarter worth $28,000. Quarry LP purchased a new stake in shares of Fifth Third Bancorp in the fourth quarter valued at $29,000. Finally, BankPlus Trust Department acquired a new stake in shares of Fifth Third Bancorp during the fourth quarter valued at $29,000. Institutional investors and hedge funds own 83.79% of the company’s stock.
Fifth Third Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.37 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a yield of 3.36%. Fifth Third Bancorp’s payout ratio is 47.13%.
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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