Fifth Third Bancorp Stock Today
| FITB Stock | USD 48.16 0.09 0.19% |
Performance11 of 100
| Odds Of DistressLess than 5
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Fifth Third is trading at 48.16 as of the 28th of November 2024, a 0.19% down since the beginning of the trading day. The stock's open price was 48.25. Fifth Third has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Note, on June 14, 2024, Senator Tommy Tuberville of US Senate acquired $15k to $50k worth of Fifth Third Bancorp's common stock.
Business Domain Banks | IPO Date 26th of March 1990 | Category Financial Services | Classification Financials |
Fifth Third is a bank thats as long on innovation as it is on history. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ Global Select Market under the symbol FITB. Investor information and press releases can be viewed at www.53.com. The company has 670.54 M outstanding shares of which 23.05 M shares are currently shorted by private and institutional investors with about 5.39 trading days to cover. More on Fifth Third Bancorp
Moving together with Fifth Stock
| 0.89 | AX | Axos Financial | PairCorr |
| 0.87 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.62 | KB | KB Financial Group | PairCorr |
| 0.92 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Fifth Stock
Fifth Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO, Director | Gregory Carmichael | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | FinTech (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, SP 500 Index, NASDAQ Composite, KBW Bank, FinTech, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsFifth Third can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fifth Third's financial leverage. It provides some insight into what part of Fifth Third's total assets is financed by creditors.
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Fifth Third Bancorp (FITB) is traded on NASDAQ Exchange in USA. It is located in 38 Fountain Square Plaza, Cincinnati, OH, United States, 45263 and employs 18,579 people. Fifth Third is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 32.35 B. Fifth Third Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 670.54 M outstanding shares of which 23.05 M shares are currently shorted by private and institutional investors with about 5.39 trading days to cover.
Fifth Third Bancorp currently holds about 7.82 B in cash with 4.51 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.39.
Check Fifth Third Probability Of Bankruptcy
Ownership AllocationFifth Third holds a total of 670.54 Million outstanding shares. The majority of Fifth Third Bancorp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fifth Third Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fifth Third. Please pay attention to any change in the institutional holdings of Fifth Third Bancorp as this could imply that something significant has changed or is about to change at the company. On June 14, 2024, Senator Tommy Tuberville of US Senate acquired $15k to $50k worth of Fifth Third Bancorp's common stock.
Check Fifth Ownership Details
Fifth Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Boston Partners Global Investors, Inc | 2024-09-30 | 13.3 M | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 9.3 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 8.9 M | |
| Norges Bank | 2024-06-30 | 8.9 M | |
| First Trust Advisors L.p. | 2024-06-30 | 8.7 M | |
| Allspring Global Investments Holdings, Llc | 2024-06-30 | 8.3 M | |
| Royal Bank Of Canada | 2024-06-30 | 6.5 M | |
| Northern Trust Corp | 2024-09-30 | 6.3 M | |
| Fort Washington Investment Advisors Inc | 2024-09-30 | 5.6 M | |
| Vanguard Group Inc | 2024-09-30 | 82.7 M | |
| Blackrock Inc | 2024-06-30 | 58.1 M |
Fifth Third Historical Income Statement
Fifth Stock Against Markets
Fifth Third Corporate Executives
Elected by the shareholders, the Fifth Third's board of directors comprises two types of representatives: Fifth Third inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fifth. The board's role is to monitor Fifth Third's management team and ensure that shareholders' interests are well served. Fifth Third's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fifth Third's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bryan Preston | Executive CFO | Profile | |
| James CPA | Executive COO | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fifth Third. If investors know Fifth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 1.42 | Earnings Share 3 | Revenue Per Share 11.78 | Quarterly Revenue Growth (0.03) |
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.