The Critical Facts About Fifth Third Bancorp Today

Shares of Fifth Third Bancorp have moved 0.6% today, and are now trading at a price of $23.43. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 1,637,198 compared to the stock's average volume of 5,121,373.

Fifth Third Bancorp operates as a diversified financial services company in the United States. Based in Cincinnati, United States the company has 19,319 full time employees and a market cap of $15,959,001,088. Fifth Third Bancorp currently offers its equity investors a dividend that yields 1.4% per year.

The company is now trading -24.13% away from its average analyst target price of $30.89 per share. The 19 analysts following the stock have set target prices ranging from $27.4 to $34.0, and on average give Fifth Third Bancorp a rating of buy.

Over the last 12 months FITB shares have declined by -31.0%, which represents a difference of -43.0% when compared to the S&P 500. The stock's 52 week high is $38.06 per share and its 52 week low is $22.11. With its net margins declining an average -1.0% over the last 6 years, Fifth Third Bancorp declining profitability gives us reason to believe its stock price will continue to underwhelm.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023-02-24 8,375,000 2,446,000 28 -20.0
2022-02-25 7,888,000 2,770,000 35 84.21
2021-02-26 7,612,000 1,427,000 19 -36.67
2020-03-02 8,333,000 2,512,000 30 -6.25
2019-03-01 6,930,000 2,193,000 32 3.23
2018-02-28 7,022,000 2,180,000 31
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.