Fifth Third Bancorp (NASDAQ:FITB) Given New $57.00 Price Target at Wolfe Research

Fifth Third Bancorp (NASDAQ:FITB) had its price objective raised by Wolfe Research from $55.00 to $57.00 in a research note published on Wednesday morning,MarketScreener reports. Wolfe Research currently has an outperform rating on the financial services provider’s stock.

Several other equities research analysts have also recently issued reports on the company. Morgan Stanley set a $60.00 target price on Fifth Third Bancorp and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Piper Sandler raised their price target on Fifth Third Bancorp from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. Royal Bank Of Canada upped 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. Wall Street Zen upgraded Fifth Third Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, UBS Group raised shares of Fifth Third Bancorp from a “neutral” rating to a “buy” rating and set a $57.00 target price for the company in a report on Tuesday, January 6th. Seventeen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $55.06.

Fifth Third Bancorp Price Performance

FITB 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. The company’s fifty day moving average price is $46.50 and its 200-day moving average price is $44.50. Fifth Third Bancorp has a one year low of $32.25 and a one year high of $52.96. The company has a market capitalization of $34.94 billion, a PE ratio of 14.93, a price-to-earnings-growth ratio of 1.08 and a beta of 0.97.

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

Fifth Third Bancorp Announces Dividend

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

Insider Transactions at Fifth Third Bancorp

In related news, EVP Jude Schramm sold 2,250 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $48.50, for a total value 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 trade represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.53% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fifth Third Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Generali Asset Management SPA SGR acquired a new position in Fifth Third Bancorp during the 3rd quarter valued at about $1,314,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Fifth Third Bancorp by 8.7% during the second quarter. Allspring Global Investments Holdings LLC now owns 8,160,367 shares of the financial services provider’s stock valued at $346,326,000 after acquiring an additional 654,746 shares in the last quarter. Huntington National Bank raised its position in shares of Fifth Third Bancorp by 10.9% in the 2nd quarter. Huntington National Bank now owns 121,225 shares of the financial services provider’s stock valued at $4,986,000 after purchasing an additional 11,935 shares during the last quarter. Nordea Investment Management AB boosted its stake in Fifth Third Bancorp by 103.0% in the 2nd quarter. Nordea Investment Management AB now owns 1,354,288 shares of the financial services provider’s stock worth $56,095,000 after purchasing an additional 687,275 shares in the last quarter. Finally, Baird Financial Group Inc. grew its position in Fifth Third Bancorp by 11.4% during the 2nd quarter. Baird Financial Group Inc. now owns 748,735 shares of the financial services provider’s stock worth $30,795,000 after purchasing an additional 76,582 shares during the last quarter. Hedge funds and other institutional investors own 83.79% of the company’s stock.

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

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.