Zacks Research Issues Pessimistic Outlook for FITB Earnings

Fifth Third Bancorp (NASDAQ:FITB - Free Report) - Research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for Fifth Third Bancorp in a report released on Tuesday, February 11th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $0.69 per share for the quarter, down from their previous forecast of $0.73. The consensus estimate for Fifth Third Bancorp's current full-year earnings is $3.67 per share. Zacks Research also issued estimates for Fifth Third Bancorp's Q4 2025 earnings at $1.03 EPS.

FITB has been the topic of several other reports. Wells Fargo & Company upped their price objective on Fifth Third Bancorp from $52.00 to $54.00 and gave the company an "overweight" rating in a research note on Friday, November 15th. Truist Financial upped their price objective on Fifth Third Bancorp from $51.00 to $52.00 and gave the company a "buy" rating in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods upped their price objective on Fifth Third Bancorp from $45.00 to $51.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. Barclays upped their price objective on Fifth Third Bancorp from $51.00 to $56.00 and gave the company an "overweight" rating in a research note on Monday, January 6th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $53.00 price objective (down from $54.00) on shares of Fifth Third Bancorp in a research note on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $46.75.

Fifth Third Bancorp Stock Performance

FITB traded up $0.40 on Friday, hitting $44.46. 4,692,031 shares of the stock traded hands, compared to its average volume of 4,683,814. Fifth Third Bancorp has a 52 week low of $33.03 and a 52 week high of $49.07. The firm has a market capitalization of $29.81 billion, a PE ratio of 14.16, a P/E/G ratio of 1.44 and a beta of 1.23. The business has a fifty day moving average price of $43.66 and a two-hundred day moving average price of $43.54. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.82.

Fifth Third Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date was Tuesday, December 31st. Fifth Third Bancorp's dividend payout ratio (DPR) is currently 47.13%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FITB. Retirement Wealth Solutions LLC acquired a new position in shares of Fifth Third Bancorp in the 4th quarter valued at $25,000. Sierra Ocean LLC acquired a new position in shares of Fifth Third Bancorp in the 4th quarter valued at $28,000. Venturi Wealth Management LLC raised its stake in Fifth Third Bancorp by 89.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 669 shares of the financial services provider's stock worth $29,000 after buying an additional 316 shares during the period. BankPlus Trust Department acquired a new stake in Fifth Third Bancorp during the 4th quarter worth $29,000. Finally, Quarry LP acquired a new stake in Fifth Third Bancorp during the 4th quarter worth $29,000. Institutional investors and hedge funds own 83.79% of the company's stock.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.