What Analysts Are Saying About Fifth Third Bancorp Stock

During the last three months, 7 analysts shared their evaluations of Fifth Third Bancorp FITB, revealing diverse outlooks from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

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

In the assessment of 12-month price targets, analysts unveil insights for Fifth Third Bancorp, presenting an average target of $38.71, a high estimate of $43.00, and a low estimate of $36.00. Marking an increase of 13.85%, the current average surpasses the previous average price target of $34.00.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Fifth Third Bancorp among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below 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
Manan Gosalia Morgan Stanley Raises Equal-Weight $36.00 $29.00
Erika Najarian UBS Raises Buy $42.00 $40.00
Gerard Cassidy RBC Capital Raises Outperform $38.00 $35.00
David Konrad Keefe, Bruyette & Woods Announces Market Perform $37.00 -
Jason Goldberg Barclays Raises Overweight $43.00 $34.00
Ryan Nash Goldman Sachs Raises Buy $36.00 $32.00
Whit Mayo Wells Fargo Raises Overweight $39.00 $34.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Fifth Third Bancorp. This information offers a snapshot of how analysts perceive 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 gauge the dynamics of price targets, providing estimates for the future value of Fifth Third Bancorp's stock. This comparison reveals trends in analysts' expectations over time.

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.

Unveiling the Story Behind 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 centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Fifth Third Bancorp: Delving into Financials

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 displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 1.09%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 23.0%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 3.13%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Fifth Third Bancorp's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.23%, the company showcases efficient use of assets and strong financial health.

Debt Management: Fifth Third Bancorp's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.13.

The Basics of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

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