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 |
