What is DA Davidson's Forecast for FITB Q2 Earnings?

Fifth Third Bancorp (NASDAQ:FITB - Free Report) - Analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Fifth Third Bancorp in a research report issued to clients and investors on Monday, April 21st. DA Davidson analyst P. Winter anticipates that the financial services provider will earn $0.91 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $42.00 target price on the stock. The consensus estimate for Fifth Third Bancorp's current full-year earnings is $3.68 per share. DA Davidson also issued estimates for Fifth Third Bancorp's FY2025 earnings at $3.58 EPS and FY2026 earnings at $4.04 EPS.

A number of other equities research analysts have also recently weighed in on FITB. Citigroup dropped their price target on Fifth Third Bancorp from $52.00 to $43.00 and set a "neutral" rating on the stock in a research note on Monday, March 24th. Truist Financial dropped their price target on Fifth Third Bancorp from $52.00 to $44.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $47.00 price objective on shares of Fifth Third Bancorp in a report on Monday, February 10th. Baird R W raised Fifth Third Bancorp from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Finally, Robert W. Baird raised Fifth Third Bancorp from a "neutral" rating to an "outperform" rating and set a $47.00 price objective on the stock in a report on Monday, April 7th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $46.24.

Fifth Third Bancorp Stock Performance

FITB traded down $0.50 during trading hours on Tuesday, reaching $35.28. The company's stock had a trading volume of 3,219,995 shares, compared to its average volume of 4,490,591. Fifth Third Bancorp has a 52 week low of $32.25 and a 52 week high of $49.07. The company's 50-day moving average is $38.25 and its 200-day moving average is $42.40. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market cap of $23.57 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 1.42 and a beta of 0.99.

Fifth Third Bancorp (NASDAQ:FITB - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.03. Fifth Third Bancorp had a return on equity of 14.10% and a net margin of 17.43%. The business had revenue of $2.14 billion for the quarter, compared to analysts' expectations of $2.17 billion. During the same quarter in the prior year, the business earned $0.70 EPS.

Fifth Third Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 4.20%. The ex-dividend date was Monday, March 31st. Fifth Third Bancorp's dividend payout ratio (DPR) is presently 46.98%.

Insider Buying and Selling at Fifth Third Bancorp

In related news, COO James C. Leonard sold 17,200 shares of the company's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $44.26, for a total transaction of $761,272.00. Following the completion of the transaction, the chief operating officer now directly owns 244,487 shares in the company, valued at $10,820,994.62. This represents a 6.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kevin P. Lavender sold 21,700 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $43.55, for a total transaction of $945,035.00. Following the transaction, the executive vice president now owns 130,856 shares of the company's stock, valued at approximately $5,698,778.80. This represents a 14.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.53% of the company's stock.

Hedge Funds Weigh In On Fifth Third Bancorp

A number of institutional investors have recently added to or reduced their stakes in the stock. Koshinski Asset Management Inc. increased its position in Fifth Third Bancorp by 17.1% during the 1st quarter. Koshinski Asset Management Inc. now owns 7,320 shares of the financial services provider's stock worth $287,000 after purchasing an additional 1,070 shares in the last quarter. Eads & Heald Wealth Management increased its position in Fifth Third Bancorp by 11.4% in the 1st quarter. Eads & Heald Wealth Management now owns 9,136 shares of the financial services provider's stock valued at $358,000 after acquiring an additional 935 shares during the period. Amalgamated Bank increased its position in Fifth Third Bancorp by 1.7% in the 1st quarter. Amalgamated Bank now owns 131,079 shares of the financial services provider's stock valued at $5,138,000 after acquiring an additional 2,215 shares during the period. Citizens National Bank Trust Department acquired a new position in Fifth Third Bancorp in the 1st quarter valued at approximately $39,000. Finally, WealthBridge Capital Management LLC acquired a new position in Fifth Third Bancorp in the 1st quarter valued at approximately $394,000. 83.79% of the stock is currently owned by institutional investors and hedge funds.

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.