From what 17 stock analysts predict, the share price for Fifth Third Bancorp (FITB) might increase by 17.5% in the next year. This is based on a 12-month average estimation for FITB. Price targets go from $36.00 to $43.50. The majority of stock analysts believe FITB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 17 Wall Street analysts have assigned FITB 12 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Fifth Third Bancorp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FITB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
gerard cassidy RBC Capital | Buy | $38.0 | maintained | Feb 12, 2024 |
manan gosalia Morgan Stanley | Hold | $36.0 | maintained | Feb 7, 2024 |
scott siefers Piper Sandler | Buy | $38.0 | rated | Jan 26, 2024 |
ken usdin Jefferies | Buy | $41.0 | maintained | Jan 25, 2024 |
erika najarian UBS | Buy | $42.0 | maintained | Jan 23, 2024 |
stephen biggar Argus Research | Buy | $40.0 | maintained | Jan 22, 2024 |
ebrahim poonawala Bank of America Securities | Buy | $40.0 | maintained | Jan 22, 2024 |
christopher marinac Janney Montgomery | Buy | $40.5 | reiterated | Jan 22, 2024 |
peter winter D.A. Davidson | Hold | None | rated | Jan 22, 2024 |
david konrad KBW | Hold | $37.0 | maintained | Jan 21, 2024 |
jason goldberg Barclays | Buy | $43.0 | rated | Jan 19, 2024 |
david chiaverini Wedbush | Buy | $42.0 | maintained | Jan 19, 2024 |
vivek juneja J.P. Morgan | Hold | $36.0 | maintained | Jan 9, 2024 |
matt o'connor Deutsche Bank | Hold | $36.0 | maintained | Jan 9, 2024 |
ryan nash Goldman Sachs | Buy | $43.5 | maintained | Jan 5, 2024 |
john pancari Evercore ISI | Hold | $38.0 | maintained | Jan 3, 2024 |
terry mcevoy Stephens | Buy | $39.0 | maintained | Dec 20, 2023 |
mike mayo Wells Fargo | Buy | $39.0 | maintained | Dec 13, 2023 |
keith horowitz Citi | Hold | $31.0 | maintained | Sep 18, 2023 |
richard bove Odeon Capital Group LLC | Buy | $30.0 | maintained | Sep 6, 2023 |
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The company's Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses; home equity loans and lines of credit; credit cards; and cash management services. This segment also engages in the residential mortgage that include origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and hedging activities; indirect lending, including extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers, and marine dealers; and home improvement and solar energy installation loans through contractors and installers. Fifth Third Bancorp's Wealth & Asset Management segment provides various wealth management services for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.
When did it IPO
0
Staff Count
18,724
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Timothy N. Spence
Market Cap
$23.02B
In 2023, FITB generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that FITB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
ILMN-USD
$140.05
ALGN-USD
$316.56
EBAY-USD
$43.8
$199.73
$1523.19
PTC-USD
$178.19