Equities Analysts Set Expectations for FITB Q1 Earnings

Fifth Third Bancorp (NASDAQ:FITB) – Investment analysts at Zacks Research lowered their Q1 2027 earnings per share (EPS) estimates for shares of Fifth Third Bancorp in a research report issued on Thursday, April 10th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $1.06 per share for the quarter, down from their previous forecast of $1.13. The consensus estimate for Fifth Third Bancorp’s current full-year earnings is $3.68 per share. Zacks Research also issued estimates for Fifth Third Bancorp’s FY2027 earnings at $4.54 EPS.

Several other research firms also recently weighed in on FITB. Morgan Stanley dropped their target price on shares of Fifth Third Bancorp from $57.00 to $52.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 13th. Piper Sandler reissued an “overweight” rating and issued a $53.00 price objective (down from $54.00) on shares of Fifth Third Bancorp in a report on Wednesday, January 22nd. 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 report on Wednesday, January 22nd. Baird R W upgraded shares of Fifth Third Bancorp from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 7th. Finally, Barclays lifted their price target on shares of Fifth Third Bancorp from $51.00 to $56.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $48.12.

Fifth Third Bancorp Price Performance

Shares of FITB stock opened at $33.84 on Friday. The firm has a market capitalization of $22.61 billion, a price-to-earnings ratio of 10.78, a PEG ratio of 1.42 and a beta of 0.99. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.80 and a current ratio of 0.80. The stock’s 50-day simple moving average is $40.10 and its 200-day simple moving average is $42.94. Fifth Third Bancorp has a fifty-two week low of $32.25 and a fifty-two week high of $49.07.

Fifth Third Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.48 annualized dividend and a dividend yield of 4.37%. Fifth Third Bancorp’s dividend payout ratio is presently 47.13%.

Insider Buying and Selling at Fifth Third Bancorp

In related news, COO James C. Leonard sold 17,200 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $44.26, for a total value of $761,272.00. Following the sale, the chief operating officer now directly owns 244,487 shares in the company, valued at approximately $10,820,994.62. The trade was a 6.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kevin P. Lavender sold 21,700 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $43.55, for a total transaction of $945,035.00. Following the transaction, the executive vice president now directly owns 130,856 shares of the company’s stock, valued at approximately $5,698,778.80. This trade represents a 14.22 % decrease in their position. The disclosure for this sale can be found here. 0.53% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FITB. Retirement Wealth Solutions LLC acquired a new position in Fifth Third Bancorp during the 4th quarter worth about $25,000. Sierra Ocean LLC acquired a new stake in shares of Fifth Third Bancorp during the fourth quarter worth about $28,000. BankPlus Trust Department acquired a new position in shares of Fifth Third Bancorp in the fourth quarter valued at approximately $29,000. Quarry LP acquired a new position in shares of Fifth Third Bancorp in the fourth quarter worth $29,000. Finally, Midwest Capital Advisors LLC purchased a new stake in Fifth Third Bancorp during the 4th quarter worth about $33,000. 83.79% of the stock is currently owned by institutional investors and hedge funds.

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.