Fifth Third Bancorp (NASDAQ:FITB) Given New $57.00 Price Target at Piper Sandler

Fifth Third Bancorp (NASDAQ:FITB) had its target price raised by Piper Sandler from $50.00 to $57.00 in a research report report published on Wednesday morning,MarketScreener reports. Piper Sandler currently has an overweight rating on the financial services provider’s stock.

Other equities research analysts have also issued reports about the stock. Evercore ISI set a $52.00 price target on shares of Fifth Third Bancorp in a report on Tuesday, January 6th. Argus boosted their target price on shares of Fifth Third Bancorp from $46.00 to $49.00 in a research note on Tuesday, October 7th. Royal Bank Of Canada upped their price target on shares of Fifth Third Bancorp from $52.00 to $57.00 and gave the stock an “outperform” rating in a report on Wednesday. Wolfe Research raised their price objective on Fifth Third Bancorp from $55.00 to $57.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Robert W. Baird boosted their price objective on Fifth Third Bancorp from $50.00 to $55.00 in a research report on Wednesday, December 17th. Seventeen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $55.06.

Fifth Third Bancorp Price Performance

Fifth Third Bancorp stock opened at $52.86 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.82 and a current ratio of 0.82. Fifth Third Bancorp has a 52 week low of $32.25 and a 52 week high of $52.96. The stock has a market capitalization of $34.94 billion, a P/E ratio of 14.93, a price-to-earnings-growth ratio of 1.08 and a beta of 0.97. The stock has a fifty day moving average of $46.50 and a 200-day moving average of $44.50.

Fifth Third Bancorp (NASDAQ:FITB) last released its quarterly earnings data on Tuesday, January 20th. The financial services provider reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.08. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.34 billion. Fifth Third Bancorp had a return on equity of 13.72% and a net margin of 19.50%.Fifth Third Bancorp’s revenue was up 63.1% compared to the same quarter last year. During the same period last year, the firm posted $0.85 earnings per share. On average, sell-side analysts expect that Fifth Third Bancorp will post 3.68 earnings per share for the current fiscal year.

Fifth Third Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Wednesday, December 31st. Fifth Third Bancorp’s dividend payout ratio (DPR) is currently 45.20%.

Insider Activity at Fifth Third Bancorp

In other Fifth Third Bancorp news, EVP Jude Schramm sold 2,250 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $48.50, for a total value of $109,125.00. Following the sale, the executive vice president owned 129,191 shares in the company, valued at approximately $6,265,763.50. The trade was a 1.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.53% of the company’s stock.

Hedge Funds Weigh In On Fifth Third Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC increased its position in Fifth Third Bancorp by 7.1% during the 1st quarter. Empowered Funds LLC now owns 13,864 shares of the financial services provider’s stock valued at $543,000 after purchasing an additional 916 shares during the period. Woodline Partners LP boosted its stake in shares of Fifth Third Bancorp by 40.5% in the 1st quarter. Woodline Partners LP now owns 56,592 shares of the financial services provider’s stock valued at $2,218,000 after purchasing an additional 16,323 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Fifth Third Bancorp by 6.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 163,003 shares of the financial services provider’s stock valued at $7,074,000 after purchasing an additional 10,042 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Fifth Third Bancorp by 158.4% during the second quarter. Farther Finance Advisors LLC now owns 18,996 shares of the financial services provider’s stock worth $781,000 after buying an additional 11,646 shares during the period. Finally, Park Avenue Securities LLC raised its stake in Fifth Third Bancorp by 3.3% during the second quarter. Park Avenue Securities LLC now owns 71,876 shares of the financial services provider’s stock worth $2,956,000 after buying an additional 2,298 shares during the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.

More Fifth Third Bancorp News

Here are the key news stories impacting Fifth Third Bancorp this week:

• Positive Sentiment: Q4 results beat and strong NII — FITB reported better-than-expected Q4 EPS and record net interest income, driven by higher loan demand, fees and lower provisions; management highlighted positive operating leverage and raised 2026 outlook. Q4 Press Release
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms (RBC, Wolfe, Piper Sandler, Janney, Keefe) raised price targets and kept overweight/outperform stances after the quarter, signaling renewed sell‑side conviction. Analyst PTs
• Positive Sentiment: Comerica acquisition seen as catalyst — Management and analysts say the Comerica deal should materially boost scale, drive >30% NII lift and accelerate account/loan growth; MarketBeat frames FITB at an inflection with double‑digit upside. MarketBeat Inflection
• Positive Sentiment: Product/digital traction — The new banking app and continued branch/digital investments reportedly drove higher engagement and originations, supporting fee income and deposit dynamics. PYMNTS
• Positive Sentiment: Dividend and capital return story — Coverage highlights FITB as a high‑yield dividend name with growing buybacks and a payout ratio below 40%, which supports yield-focused investor demand. Zacks Dividend Story
• Neutral Sentiment: Integration activity — Reports show Comerica staff reductions as consolidation advances; layoffs imply near‑term integration activity and cost savings but also execution and morale risks. Detroit News
• Negative Sentiment: Valuation and skepticism — Some analysts and op‑eds warn valuation looks full after the post‑earnings move and raise concerns around Comerica integration, flat loan/deposit growth in parts of the business and lingering execution risk. Seeking Alpha

About Fifth Third Bancorp

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.