Analyst Expectations For Fifth Third Bancorp's Future

Comments
Loading...

Fifth Third Bancorp FITB has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 5 3 0 0
Last 30D 0 0 1 0 0
1M Ago 2 3 0 0 0
2M Ago 0 1 1 0 0
3M Ago 0 1 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $52.0, along with a high estimate of $56.00 and a low estimate of $47.00. This current average has increased by 6.12% from the previous average price target of $49.00.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

In examining recent analyst actions, we gain insights into how financial experts perceive Fifth Third Bancorp. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Peter Winter DA Davidson Raises Neutral $50.00 $49.00
Gerard Cassidy RBC Capital Maintains Outperform $47.00 $47.00
Scott Siefers Piper Sandler Lowers Overweight $53.00 $54.00
Brian Foran Truist Securities Raises Buy $52.00 $51.00
Brian Foran Truist Securities Announces Buy $51.00 -
Jason Goldberg Barclays Raises Overweight $56.00 $51.00
David Konrad Keefe, Bruyette & Woods Raises Market Perform $51.00 $45.00
Scott Siefers Piper Sandler Raises Overweight $54.00 $49.00
Keith Horowitz Citigroup Raises Neutral $52.00 $43.00
Whit Mayo Wells Fargo Raises Overweight $54.00 $52.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Fifth Third Bancorp. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Fifth Third Bancorp compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Fifth Third Bancorp's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Fifth Third Bancorp's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Fifth Third Bancorp analyst ratings.

All You Need to Know About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking branches and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Fifth Third Bancorp's Financial Performance

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Fifth Third Bancorp's remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 4.12%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Fifth Third Bancorp's net margin is impressive, surpassing industry averages. With a net margin of 27.1%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Fifth Third Bancorp's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 3.22%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.27%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Fifth Third Bancorp's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.07.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

Breaking: Wall Street's Next Big Mover

Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Overview Rating:
Good
75%
Technicals Analysis
100
0100
Financials Analysis
60
0100
Overview
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!