Analyzing the Core Metrics of Fifth Third Bancorp (FITB)

By Ken Smith • Thursday, July 17 15:16 • Permanent Link

More and more people are talking about Fifth Third Bancorp over the last few weeks. Is it worth buying the Banking stock at a price of $42.48? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Fifth Third Bancorp has moved 8.8% over the last year, and the S&P 500 logged a change of 10.6%
FITB has an average analyst rating of buy and is -5.17% away from its mean target price of $44.8 per share
Its trailing earnings per share (EPS) is $3.15
Fifth Third Bancorp has a trailing 12 month Price to Earnings (P/E) ratio of 13.5 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $3.65 and its forward P/E ratio is 11.6
The company has a Price to Book (P/B) ratio of 1.55 in contrast to the S&P 500's average ratio of 4.74
Fifth Third Bancorp is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78
FITB has reported YOY quarterly earnings growth of 1.4% and gross profit margins of 0.0%
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. The 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. Its 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. The Wealth & Asset Management segment provides various wealth management services for individuals, companies, and not-for-profit organizations. It also 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.

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.