Evercore Issues Positive Forecast for Fifth Third Bancorp (NASDAQ:FITB) Stock Price

Fifth Third Bancorp (NASDAQ:FITB) had its price target upped by Evercore from $51.00 to $53.00 in a research note released on Tuesday morning, Marketbeat.com reports.

Several other brokerages have also weighed in on FITB. UBS Group reissued a “buy” rating and set a $59.00 price objective on shares of Fifth Third Bancorp in a report on Wednesday, February 4th. Wells Fargo & Company lifted their price objective on Fifth Third Bancorp from $52.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Barclays lifted their price objective on Fifth Third Bancorp from $61.00 to $63.00 and gave the stock an “overweight” rating in a report on Monday. Royal Bank Of Canada lifted their price objective on Fifth Third Bancorp from $52.00 to $57.00 and gave the stock an “outperform” rating in a report on Wednesday, January 21st. Finally, Janney Montgomery Scott lifted their price objective on Fifth Third Bancorp from $51.00 to $56.25 and gave the stock a “buy” rating in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $56.86.

Fifth Third Bancorp Stock Up 0.2%

Shares of FITB stock opened at $51.10 on Tuesday. The stock’s 50 day simple moving average is $48.52 and its 200 day simple moving average is $46.95. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.83 and a current ratio of 0.83. Fifth Third Bancorp has a twelve month low of $33.52 and a twelve month high of $55.44. The company has a market capitalization of $46.27 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 1.05 and a beta of 0.95.

Fifth Third Bancorp (NASDAQ:FITB) last issued its quarterly earnings results on Friday, April 17th. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.87. The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.91 billion. Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.During the same period in the previous year, the business posted $0.71 EPS. As a group, research analysts predict that Fifth Third Bancorp will post 4.06 EPS for the current year.

Fifth Third Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.40 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.60 annualized dividend and a yield of 3.1%. Fifth Third Bancorp’s payout ratio is presently 53.69%.

Insider Buying and Selling at Fifth Third Bancorp

In other news, EVP Kevin J. Khanna sold 6,000 shares of the business’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $50.77, for a total transaction of $304,620.00. Following the completion of the sale, the executive vice president owned 76,299 shares in the company, valued at $3,873,700.23. The trade was a 7.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.51% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Fifth Third Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its holdings in Fifth Third Bancorp by 4.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 4,261 shares of the financial services provider’s stock worth $199,000 after buying an additional 187 shares during the period. Equitable Holdings Inc. lifted its holdings in Fifth Third Bancorp by 4.1% in the 4th quarter. Equitable Holdings Inc. now owns 4,950 shares of the financial services provider’s stock worth $232,000 after buying an additional 195 shares during the period. Koshinski Asset Management Inc. lifted its stake in shares of Fifth Third Bancorp by 3.1% in the 4th quarter. Koshinski Asset Management Inc. now owns 6,870 shares of the financial services provider’s stock valued at $322,000 after purchasing an additional 206 shares during the period. Keybank National Association OH lifted its stake in shares of Fifth Third Bancorp by 0.3% in the 4th quarter. Keybank National Association OH now owns 64,416 shares of the financial services provider’s stock valued at $3,015,000 after purchasing an additional 214 shares during the period. Finally, CreativeOne Wealth LLC lifted its stake in shares of Fifth Third Bancorp by 1.9% in the 4th quarter. CreativeOne Wealth LLC now owns 11,652 shares of the financial services provider’s stock valued at $545,000 after purchasing an additional 216 shares during the period. 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: Multiple analyst upgrades/price-target raises: Robert W. Baird raised its target to $56 and kept an outperform rating; Evercore raised its target to $53; DA Davidson reaffirmed a buy and set a $58 target — these moves signal incremental upside expectations for EPS and integration benefits, supporting buying interest. Baird target raise Evercore target raise DA Davidson reaffirmation
• Positive Sentiment: Comerica deal integration updates: Fifth Third released details on new deposits, cost savings and expected synergies after completing the ~$10.9B Comerica acquisition — these operational gains are seen as earnings-accretive and help justify higher targets. Comerica integration details
• Positive Sentiment: Morgan Stanley / other sell‑side support: Morgan Stanley maintained a Buy rating citing Comerica synergies and earnings upside, reinforcing conviction from institutional analysts. Morgan Stanley note
• Neutral Sentiment: Annual meeting / 2025 performance highlights: The company issued a shareholder update summarizing 2025 performance and community impact — supportive for long‑term narrative but unlikely to move near‑term earnings expectations materially. 2025 highlights
• Neutral Sentiment: Management/profile pieces: Company and executive profiles (e.g., Francie Henry) provide positive PR but are not immediate catalysts for earnings. Francie Henry profile
• Neutral Sentiment: Cautious approach to certain lending verticals: Fifth Third flagged a cautious stance on software and data‑center lending — this reduces credit risk but could limit loan growth in higher‑yield niches. Cautious lending note
• Negative Sentiment: Insider sale: EVP Kevin Khanna sold 6,000 shares at an average ~$50.77, trimming his stake by ~7.3% — an insider sale can be perceived negatively by some investors even if it may be routine or for personal reasons. SEC Form 4

Fifth Third Bancorp Company Profile

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.