Fifth Third Bancorp (NASDAQ:FITB – Free Report) had its price objective hoisted by Keefe, Bruyette & Woods from $53.00 to $55.00 in a research note released on Wednesday morning, MarketBeat Ratings reports. The firm currently has a market perform rating on the financial services provider’s stock.
Several other analysts also recently weighed in on FITB. Weiss Ratings reiterated a “buy (b-)” rating on shares of Fifth Third Bancorp in a report on Wednesday, October 8th. Wall Street Zen upgraded Fifth Third Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Truist Financial boosted their price objective on Fifth Third Bancorp from $50.00 to $55.00 and gave the company a “buy” rating in a report on Monday, December 22nd. Robert W. Baird increased their target price on Fifth Third Bancorp from $50.00 to $55.00 in a research note on Wednesday, December 17th. Finally, Barclays lifted their target price on Fifth Third Bancorp from $51.00 to $61.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Seventeen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $55.06.
Read Our Latest Stock Analysis on Fifth Third Bancorp
Fifth Third Bancorp Stock Up 5.5%
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last announced its earnings results on Tuesday, January 20th. The financial services provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.08. Fifth Third Bancorp had a net margin of 19.50% and a return on equity of 13.72%. The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the firm posted $0.85 earnings per share. Fifth Third Bancorp’s revenue was up 63.1% compared to the same quarter last year. Sell-side analysts expect that Fifth Third Bancorp will post 3.68 EPS for the current year.
Fifth Third Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.0%. The ex-dividend date was Wednesday, December 31st. Fifth Third Bancorp’s payout ratio is 45.20%.
Insider Activity at Fifth Third Bancorp
In other news, EVP Jude Schramm sold 2,250 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $48.50, for a total value of $109,125.00. Following the sale, the executive vice president directly owned 129,191 shares in the company, valued at approximately $6,265,763.50. This trade represents a 1.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.53% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in FITB. Norges Bank acquired a new stake in shares of Fifth Third Bancorp during the 2nd quarter worth about $357,440,000. Invesco Ltd. increased its stake in Fifth Third Bancorp by 16.6% in the second quarter. Invesco Ltd. now owns 20,677,686 shares of the financial services provider’s stock valued at $850,473,000 after purchasing an additional 2,941,333 shares during the last quarter. Bank of America Corp DE raised its holdings in Fifth Third Bancorp by 16.7% during the third quarter. Bank of America Corp DE now owns 16,037,185 shares of the financial services provider’s stock worth $714,457,000 after purchasing an additional 2,293,939 shares in the last quarter. Capital World Investors lifted its position in shares of Fifth Third Bancorp by 6.2% during the 3rd quarter. Capital World Investors now owns 30,830,308 shares of the financial services provider’s stock worth $1,373,490,000 after buying an additional 1,803,861 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Fifth Third Bancorp by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 83,849,824 shares of the financial services provider’s stock valued at $3,448,743,000 after buying an additional 1,301,624 shares in the last quarter. 83.79% of the stock is owned by institutional investors and hedge funds.
Fifth Third Bancorp News Roundup
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.
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