Fifth Third Bancorp’s (FITB) “Buy” Rating Reaffirmed at TD Cowen

Posted by Defense World Staff on Feb 4th, 2026

TD Cowen reaffirmed their buy rating on shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) in a research note published on Tuesday,Benzinga reports. TD Cowen currently has a $60.00 price target on the financial services provider’s stock.

Other analysts also recently issued reports about the stock. UBS Group raised shares of Fifth Third Bancorp from a “neutral” rating to a “buy” rating and set a $57.00 price objective for the company in a report on Tuesday, January 6th. Stephens raised their price target on Fifth Third Bancorp from $54.00 to $57.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Wall Street Zen raised Fifth Third Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Janney Montgomery Scott increased their price objective on Fifth Third Bancorp from $51.00 to $56.25 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Finally, Barclays raised their price objective on Fifth Third Bancorp from $51.00 to $61.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Seventeen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Fifth Third Bancorp presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.21.

Read Our Latest Research Report on Fifth Third Bancorp

Fifth Third Bancorp Price Performance

Shares of NASDAQ FITB opened at $52.75 on Tuesday. The stock’s 50-day simple moving average is $48.08 and its two-hundred day simple moving average is $44.99. Fifth Third Bancorp has a twelve month low of $32.25 and a twelve month high of $53.33. The firm has a market capitalization of $34.87 billion, a P/E ratio of 14.90, a P/E/G ratio of 1.05 and a beta of 0.99. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.68.

Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.91 earnings per share for the quarter. Fifth Third Bancorp had a net margin of 19.50% and a return on equity of 13.53%. The company had revenue of $3.82 billion for the quarter. As a group, equities analysts anticipate that Fifth Third Bancorp will post 3.68 EPS for the current fiscal year.

Fifth Third Bancorp Dividend Announcement

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

Insider Buying and Selling

In related news, EVP Jude Schramm sold 2,250 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $48.50, for a total transaction of $109,125.00. Following the completion of the sale, the executive vice president directly owned 129,191 shares in the company, valued at $6,265,763.50. This represents a 1.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.53% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Fifth Third Bancorp

Large investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in Fifth Third Bancorp in the second quarter worth about $357,440,000. Invesco Ltd. raised its position in shares of Fifth Third Bancorp by 16.6% in the 2nd quarter. Invesco Ltd. now owns 20,677,686 shares of the financial services provider’s stock worth $850,473,000 after acquiring an additional 2,941,333 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Fifth Third Bancorp by 16.7% in the 3rd quarter. Bank of America Corp DE now owns 16,037,185 shares of the financial services provider’s stock valued at $714,457,000 after purchasing an additional 2,293,939 shares during the period. Alecta Tjanstepension Omsesidigt lifted its stake in shares of Fifth Third Bancorp by 130.6% in the 4th quarter. Alecta Tjanstepension Omsesidigt now owns 3,367,700 shares of the financial services provider’s stock valued at $157,541,000 after purchasing an additional 1,907,400 shares during the period. Finally, Capital World Investors boosted its position in shares of Fifth Third Bancorp by 6.2% during the third quarter. Capital World Investors now owns 30,830,308 shares of the financial services provider’s stock valued at $1,373,490,000 after purchasing an additional 1,803,861 shares in the last quarter. Institutional investors own 83.79% of the company’s stock.

Key Headlines Impacting Fifth Third Bancorp

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

Positive Sentiment: Fifth Third officially closed its acquisition of Comerica, creating a significantly larger regional bank and boosting scale, commercial banking and payments capabilities. Fifth Third officially acquires Comerica in $10.9B deal
Positive Sentiment: The merger positions Fifth Third as roughly the ninth-largest U.S. bank by assets (~$294B), increasing competitive scale across commercial and middle‑market services. Scale can drive revenue diversification and cost synergies. Fifth Third, Ninth: Comerica Merger Sees 9th Largest US Bank
Positive Sentiment: Analysts and industry press highlight the merger’s impact on digital and payments competition among regional banks — a strategic benefit if Fifth Third captures share in mobile, commercial payments and middle‑market banking. Fifth Third and Comerica Merger Scales Digital Competition Across Regional Banking
Positive Sentiment: TD Cowen reaffirmed a Buy on FITB and set a $60 price target, implying meaningful upside from current levels — supportive for investor sentiment and near‑term demand in the stock. TD Cowen reaffirms Buy with $60 target (Benzinga)
Positive Sentiment: Company announced board refreshment with three new directors to support the combined bank’s governance and integration oversight — a governance positive during large mergers. Fifth Third Announces Three New Members to its Board of Directors
Neutral Sentiment: Local coverage notes expansion plans in Texas tied to the deal; market impact depends on execution and any branch/operational changes. Fifth Third finalizes merger with Dallas-based Comerica, plans expansion in Texas
Neutral Sentiment: Market commentary pieces are digesting analyst views post‑merger; watch for updated EPS, cost‑save and runway assumptions from sell‑side models. Is Wall Street Bullish or Bearish on Fifth Third Bancorp Stock?
Neutral Sentiment: Reported short‑interest data for early February is not meaningful (zero/NaN entries) — no clear signal from short sellers at this snapshot.

About Fifth Third Bancorp

(Get Free Report)

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.