What is Zacks Research’s Forecast for FITB FY2025 Earnings?

Fifth Third Bancorp (NASDAQ:FITB) – Equities research analysts at Zacks Research cut their FY2025 earnings estimates for Fifth Third Bancorp in a note issued to investors on Wednesday, September 10th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $3.44 for the year, down from their previous forecast of $3.50. 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 Q4 2026 earnings at $0.99 EPS, FY2026 earnings at $3.73 EPS, Q2 2027 earnings at $1.08 EPS and FY2027 earnings at $4.25 EPS.

Other equities analysts have also issued research reports about the stock. Wells Fargo & Company increased their price objective on shares of Fifth Third Bancorp from $48.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, June 10th. Truist Financial increased their price objective on shares of Fifth Third Bancorp from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Friday. DA Davidson upgraded shares of Fifth Third Bancorp from a “hold” rating to a “strong-buy” rating and increased their price objective for the company from $42.00 to $47.00 in a research report on Monday, June 9th. Finally, Jefferies Financial Group initiated coverage on shares of Fifth Third Bancorp in a research report on Wednesday, May 21st. They set a “buy” rating and a $47.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Fifth Third Bancorp has a consensus rating of “Moderate Buy” and a consensus target price of $48.33.

Fifth Third Bancorp Price Performance

FITB stock opened at $45.56 on Friday. Fifth Third Bancorp has a 52 week low of $32.25 and a 52 week high of $49.07. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.76. The company has a fifty day simple moving average of $43.49 and a two-hundred day simple moving average of $40.09. The firm has a market capitalization of $30.16 billion, a P/E ratio of 14.15, a price-to-earnings-growth ratio of 1.45 and a beta of 0.93.

Institutional Investors Weigh In On Fifth Third Bancorp

Several institutional investors have recently made changes to their positions in FITB. Evolution Wealth Management Inc. bought a new stake in Fifth Third Bancorp during the 2nd quarter valued at about $26,000. HWG Holdings LP bought a new stake in Fifth Third Bancorp during the 1st quarter valued at about $27,000. Banque Transatlantique SA bought a new stake in Fifth Third Bancorp during the 1st quarter valued at about $27,000. Activest Wealth Management lifted its holdings in Fifth Third Bancorp by 1,043.3% during the 2nd quarter. Activest Wealth Management now owns 686 shares of the financial services provider’s stock valued at $28,000 after buying an additional 626 shares in the last quarter. Finally, Larson Financial Group LLC lifted its holdings in Fifth Third Bancorp by 91.3% during the 1st quarter. Larson Financial Group LLC now owns 748 shares of the financial services provider’s stock valued at $29,000 after buying an additional 357 shares in the last quarter. Institutional investors own 83.79% of the company’s stock.

Fifth Third Bancorp announced that its Board of Directors has authorized a share repurchase plan on Monday, June 16th that authorizes the company to buyback 100,000,000 shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Fifth Third Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.5%. This is a positive change from Fifth Third Bancorp’s previous quarterly dividend of $0.37. Fifth Third Bancorp’s dividend payout ratio (DPR) is 45.96%.

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.