Fifth Third Bancorp

Company Profile

Fifth Third Bancorp had its IPO on 1990-03-26 under the ticker symbol FITB.

The company operates in the Financial Services sector and Banks-Regional industry. Fifth Third Bancorp has a staff strength of 19,474 employees.

Stock update

Shares of Fifth Third Bancorp opened at $26.57 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $26.51 - $27.56, and closed at $27.47.

This is a +3.66% increase from the previous day's closing price.

A total volume of 7,707,985 shares were traded at the close of the day’s session.

In the last one week, shares of Fifth Third Bancorp have increased by +1.55%.

Fifth Third Bancorp's Key Ratios

Fifth Third Bancorp has a market cap of $17.35 billion, indicating a price to book ratio of 1.5442 and a price to sales ratio of 2.8393.

In the last 12-months Fifth Third Bancorp’s revenue was $8.04 billion with a gross profit of $7.82 billion and an EBITDA of $0. The EBITDA ratio measures Fifth Third Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Fifth Third Bancorp’s operating margin was 39.95% while its return on assets stood at 1.2% with a return of equity of 13.02%.

In Q1, Fifth Third Bancorp’s quarterly earnings growth was a positive 14.7% while revenue growth was a positive 11.6%.

Fifth Third Bancorp’s PE and PEG Ratio

Forward PE

8.1235

Trailing PE

7.0609

PEG

3.6914

Its diluted EPS in the last 12-months stands at $3.61 per share while it has a forward price to earnings multiple of 8.1235 and a PEG multiple of 3.6914. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Fifth Third Bancorp’s profitability.

Fifth Third Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.8393.

Fifth Third Bancorp stock pays annual dividends of $1.29 per share, indicating a yield of 5.32% and a payout ratio of 37.28%.

Balance sheet and cash flow metrics

Total Assets

$208.66 billion

Total Liabilities

$7.36 billion

Operating Cash Flow

$-2363000000.00

Capital Expenditure

$113 million

Dividend Payout Ratio

37.28%

Fifth Third Bancorp ended 2024 with $208.66 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $208.66 billion while shareholder equity stood at $18.36 billion.

Fifth Third Bancorp ended 2024 with $0 in deferred long-term liabilities, $7.36 billion in other current liabilities, 2051000000.00 in common stock, $22.03 billion in retained earnings and $4.92 billion in goodwill. Its cash balance stood at $2.78 billion and cash and short-term investments were $12.57 billion. The company’s total short-term debt was $7,364,000,000 while long-term debt stood at $12.89 billion.

Fifth Third Bancorp’s total current assets stands at $12.57 billion while long-term investments were $62.01 billion and short-term investments were $60.51 billion. Its net receivables were $2.74 billion compared to accounts payable of $1.58 billion and inventory worth $0.

In 2024, Fifth Third Bancorp's operating cash flow was $-2363000000.00 while its capital expenditure stood at $113 million.

Comparatively, Fifth Third Bancorp paid $0.37 in dividends in 2024.

Other key metrics

Current Trading Price

$27.47

52-Week High

$37.6586

52-Week Low

$21.84

Analyst Target Price

$32.92

Fifth Third Bancorp stock is currently trading at $27.47 per share. It touched a 52-week high of $37.6586 and a 52-week low of $37.6586. Analysts tracking the stock have a 12-month average target price of $32.92.

Its 50-day moving average was $27.15 and 200-day moving average was $28.93 The short ratio stood at 1.03 indicating a short percent outstanding of 0%.

Around 49.8% of the company’s stock are held by insiders while 8314.8% are held by institutions.