Zacks Research Issues Negative Estimate for FITB Earnings

Fifth Third Bancorp (NASDAQ:FITB) – Zacks Research decreased their Q1 2025 earnings estimates for shares of Fifth Third Bancorp in a research note issued to investors on Tuesday, February 11th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $0.69 per share for the quarter, down from their prior 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 subject of several other reports. Barclays raised 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. DA Davidson increased their target price on shares of Fifth Third Bancorp from $49.00 to $50.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Wells Fargo & Company upped their price target on shares of Fifth Third Bancorp from $52.00 to $54.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Baird R W downgraded shares of Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $47.00 price target on shares of Fifth Third Bancorp in a report on Monday. One analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $46.75.

Fifth Third Bancorp Trading Up 0.3 %

FITB opened at $43.58 on Friday. The stock has a 50-day moving average of $43.84 and a 200 day moving average of $43.49. 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 has a 12 month low of $33.03 and a 12 month high of $49.07. The firm has a market cap of $29.22 billion, a P/E ratio of 13.88, a P/E/G ratio of 1.44 and a beta of 1.23.

Fifth Third Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend was Tuesday, December 31st. Fifth Third Bancorp’s dividend payout ratio (DPR) is 47.13%.

Institutional Trading of Fifth Third Bancorp

Institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Fifth Third Bancorp in the fourth quarter valued at about $371,836,000. PL Capital Advisors LLC grew its holdings in shares of Fifth Third Bancorp by 4,128.0% during the 4th quarter. PL Capital Advisors LLC now owns 1,860,320 shares of the financial services provider’s stock valued at $78,654,000 after purchasing an additional 1,816,320 shares during the last quarter. Jupiter Asset Management Ltd. bought a new stake in shares of Fifth Third Bancorp in the 4th quarter valued at $53,508,000. First Trust Advisors LP boosted its holdings in shares of Fifth Third Bancorp by 12.1% in the 4th quarter. First Trust Advisors LP now owns 9,531,485 shares of the financial services provider’s stock worth $402,991,000 after buying an additional 1,027,044 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Fifth Third Bancorp in the fourth quarter worth $38,971,000. 83.79% of the stock is owned by institutional investors and hedge funds.

About Fifth Third Bancorp

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.