Bank of Montreal Can reduced its stake in Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 7.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,469,940 shares of the financial services provider’s stock after selling 114,159 shares during the quarter. Bank of Montreal Can owned about 0.22% of Fifth Third Bancorp worth $65,486,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FITB. Evolution Wealth Management Inc. bought a new position in Fifth Third Bancorp in the 2nd quarter worth about $26,000. Westside Investment Management Inc. raised its holdings in Fifth Third Bancorp by 100.0% in the third quarter. Westside Investment Management Inc. now owns 584 shares of the financial services provider’s stock worth $26,000 after buying an additional 292 shares during the last quarter. United Community Bank lifted its stake in shares of Fifth Third Bancorp by 581.0% in the third quarter. United Community Bank now owns 681 shares of the financial services provider’s stock worth $30,000 after buying an additional 581 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Fifth Third Bancorp in the second quarter worth approximately $48,000. Finally, Country Trust Bank purchased a new stake in shares of Fifth Third Bancorp during the second quarter valued at approximately $51,000. Institutional investors own 83.79% of the company’s stock.
Fifth Third Bancorp Stock Performance
FITB stock opened at $43.59 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.83 and a quick ratio of 0.82. Fifth Third Bancorp has a 1 year low of $32.25 and a 1 year high of $55.44. The company has a market cap of $39.47 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 0.91 and a beta of 0.96. The stock’s fifty day moving average price is $50.53 and its 200-day moving average price is $46.59.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on FITB
Fifth Third Bancorp News Roundup
Here are the key news stories impacting Fifth Third Bancorp this week:
- Positive Sentiment: Management says AI has materially improved productivity — CEO reportedly said the firm “doubled in size with 20% fewer headcount,” signaling meaningful cost efficiencies and higher operating leverage potential. FITB has doubled in size with 20% fewer headcount because of AI
- Positive Sentiment: CEO says ~60% of employees use an AI tool in daily workflows, reinforcing the company’s efficiency narrative and potential margin upside if adoption continues. Fifth Third Bank CEO: 60% of the company’s employees use AI
- Positive Sentiment: Analyst pieces highlighting FITB’s dividend and relative valuation may attract income-oriented buyers—supports a longer-term bullish case if fundamentals stabilize. Fifth Third Bancorp (FITB) Could Be a Great Choice
- Neutral Sentiment: Management presented at the RBC Financial Institutions Conference and released a transcript — useful for digging into guidance and integration details but not a direct catalyst by itself. Fifth Third Bancorp Presents at RBC Conference (transcript)
- Negative Sentiment: The company trimmed its 2026 non‑interest (fee) income outlook and updated Comerica integration progress while raising its synergy target — the cut to fee income outlook was cited as the main near-term driver of the stock decline. FITB Stock Dips on Lower 2026 Fee Income Outlook, Raises Synergy Target
- Negative Sentiment: Company issued soft Q1 guidance, which analysts and traders treated as a near-term earnings risk and pressured the share price. Stock slides after soft Q1 guidance
- Negative Sentiment: Two law firms have launched fiduciary-duty investigations (Lowey Dannenberg and Scott+Scott) into the board/officers, raising governance and litigation risk that can weigh on sentiment and create potential legal costs. Lowey Dannenberg investigation Scott+Scott investigation
- Negative Sentiment: CEO Tim Spence received a pay raise after the Comerica acquisition; combined with governance probes, this may heighten shareholder concerns about executive compensation and board oversight. CEO pay raise after Comerica acquisition
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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