Fifth Third Bancorp Stock Today
| FITB Stock | USD 37.06 0.51 1.40% |
Performance5 of 100
| Odds Of DistressLess than 3
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Fifth Third is trading at 37.06 as of the 24th of April 2024, a 1.40% increase since the beginning of the trading day. The stock's open price was 36.55. Fifth Third has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Fifth Third Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 26th of March 1990 | Category Financial Services | Classification Financials |
Fifth Third is a bank thats as long on innovation as it is on history. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ Global Select Market under the symbol FITB. Investor information and press releases can be viewed at www.53.com. The company has 683.81 M outstanding shares of which 25.61 M shares are currently shorted by private and institutional investors with about 4.34 trading days to cover. More on Fifth Third Bancorp
Moving together with Fifth Stock
| 0.72 | DB | Deutsche Bank AG Earnings Call Tomorrow | PairCorr |
| 0.68 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.92 | RF | Regions Financial Financial Report 19th of July 2024 | PairCorr |
Moving against Fifth Stock
| 0.45 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
| 0.44 | EBTC | Enterprise Bancorp | PairCorr |
Fifth Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fifth Third's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fifth Third or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Fifth Third's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fifth Third's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Greg Carmichael | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | FinTech (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, SP 500 Index, NASDAQ Composite, KBW Bank, NASDAQ Financial 100, NASDAQ Composite Total, FinTech, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Fifth Third report their recommendations after researching Fifth Third's financial statements, talking to executives and customers, or listening in on Fifth Third's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Fifth Third Bancorp. The Fifth consensus assessment is calculated by taking the average forecast from all of the analysts covering Fifth Third. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Fifth Third's historical financial statements, Fifth Third Bancorp is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Fifth Third Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Fifth Third's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Fifth Third's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Fifth Third's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Fifth Third's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fifth Third's financial leverage. It provides some insight into what part of Fifth Third's total assets is financed by creditors.
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Fifth Third Bancorp (FITB) is traded on NASDAQ Exchange in USA. It is located in 38 Fountain Square Plaza, Cincinnati, OH, United States, 45263 and employs 18,657 people. Fifth Third is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 24.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fifth Third's market, we take the total number of its shares issued and multiply it by Fifth Third's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fifth Third Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 683.81 M outstanding shares of which 25.61 M shares are currently shorted by private and institutional investors with about 4.34 trading days to cover.
Fifth Third Bancorp currently holds about 7.82 B in cash with 4.01 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.39.
Check Fifth Third Probability Of Bankruptcy
Ownership AllocationFifth Third Bancorp retains a total of 683.81 Million outstanding shares. The majority of Fifth Third Bancorp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fifth Third Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fifth Third. Please pay attention to any change in the institutional holdings of Fifth Third Bancorp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Fifth Ownership Details
Fifth Stock Price Odds Analysis
What are Fifth Third's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Fifth Third jumping above the current price in 90 days from now is under 4%. The Fifth Third Bancorp probability density function shows the probability of Fifth Third stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5559. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fifth Third will likely underperform. Additionally, fifth Third Bancorp has an alpha of 0.04, implying that it can generate a 0.04 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fifth Third to move above the current price in 90 days from now is under 4 (This Fifth Third Bancorp probability density function shows the probability of Fifth Stock to fall within a particular range of prices over 90 days) .
Fifth Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Fifth Third that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fifth Third's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fifth Third's value.| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 9.2 M | |
| Allspring Global Investments Holdings, Llc | 2023-12-31 | 8.8 M | |
| Bank Of America Corp | 2023-12-31 | 8.7 M | |
| Royal Bank Of Canada | 2023-12-31 | 8.5 M | |
| Franklin Resources Inc | 2023-12-31 | 8.2 M | |
| Norges Bank | 2023-12-31 | 7.5 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 7.1 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 7 M | |
| Northern Trust Corp | 2023-12-31 | 6.7 M | |
| Vanguard Group Inc | 2023-12-31 | 87.3 M | |
| Blackrock Inc | 2023-12-31 | 57 M |
Fifth Third Historical Income Statement
Fifth Third Bancorp Income Statement is one of the three primary financial statements used for reporting Fifth's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Fifth Third Bancorp revenue and expense. Fifth Third Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Fifth Third's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 10.1 B, whereas EBIT is forecasted to decline to 0.00. View More FundamentalsFifth Stock Against Markets
Picking the right benchmark for Fifth Third stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fifth Third stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fifth Third is critical whether you are bullish or bearish towards Fifth Third Bancorp at a given time. Please also check how Fifth Third's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fifth Third without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fifth Third Corporate Directors
Fifth Third corporate directors refer to members of a Fifth Third board of directors. The board of directors generally takes responsibility for the Fifth Third's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Fifth Third's board members must vote for the resolution. The Fifth Third board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jerry Burris | Director | Profile | |
| Nicholas Akins | Independent Director | Profile | |
| Michael McCallister | Independent Director | Profile | |
| Emerson Brumback | Independent Director | Profile |
How to buy Fifth Stock?
Before investing in Fifth Third, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fifth Third. To buy Fifth Third stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fifth Third. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fifth Third stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fifth Third Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fifth Third Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Fifth Third Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fifth Stock please use our How to Invest in Fifth Third guide.
Already Invested in Fifth Third Bancorp?
The danger of trading Fifth Third Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fifth Third is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fifth Third. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fifth Third Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Fifth Stock analysis
When running Fifth Third's price analysis, check to measure Fifth Third's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Is Fifth Third's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fifth Third. If investors know Fifth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 1.38 | Earnings Share 3.22 | Revenue Per Share 11.899 | Quarterly Revenue Growth (0.02) |
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.