A number of research firms have changed their ratings and price targets for Fifth Third Bancorp (NASDAQ: FITB):
- 10/30/2026 – Fifth Third Bancorp had its price target raised by JPMorgan Chase & Co. from $58.00 to $60.00. They now have an “overweight” rating on the stock.
- 10/27/2026 – Fifth Third Bancorp is now covered by Wolfe Research. They set an “outperform” rating on the stock.
- 10/22/2026 – Fifth Third Bancorp had its price target raised by Citigroup from $62.00 to $63.00. They now have a “buy” rating on the stock.
- 10/21/2026 – Fifth Third Bancorp had its price target lowered by Stephens from $61.00 to $59.00. They now have an “equal weight” rating on the stock.
- 10/21/2026 – Fifth Third Bancorp was upgraded by Evercore from “in-line” to “outperform”. They now have a $60.00 price target on the stock.
- 10/20/2026 – Fifth Third Bancorp had its price target lowered by Royal Bank Of Canada from $62.00 to $60.00. They now have an “outperform” rating on the stock.
- 10/8/2026 – Fifth Third Bancorp is now covered by TD Cowen. They set a “buy” rating and a $60.00 price target on the stock.
- 10/5/2026 – Fifth Third Bancorp had its price target lowered by UBS Group from $65.00 to $63.00. They now have a “buy” rating on the stock.
- 10/2/2026 – Fifth Third Bancorp had its price target lowered by JPMorgan Chase & Co. from $62.00 to $58.00. They now have an “overweight” rating on the stock.
- 9/24/2026 – Fifth Third Bancorp had its price target lowered by Jefferies Financial Group from $70.00 to $65.00. They now have a “buy” rating on the stock.
- 9/23/2026 – Fifth Third Bancorp had its price target lowered by Truist Financial from $64.00 to $63.00. They now have a “buy” rating on the stock.
- 9/22/2026 – Fifth Third Bancorp was upgraded by Citigroup from “neutral” to “buy”. They now have a $62.00 price target on the stock, up from $59.00.
- 9/22/2026 – Fifth Third Bancorp had its price target lowered by Stephens from $63.00 to $61.00. They now have an “equal weight” rating on the stock.
Fifth Third Bancorp Price Performance
Fifth Third Bancorp stock traded up $0.55 during mid-day trading on Wednesday, reaching $54.48. 3,504,601 shares of the company’s stock traded hands, compared to its average volume of 8,249,197. Fifth Third Bancorp has a 12-month low of $40.68 and a 12-month high of $59.50. The company has a market cap of $49.41 billion, a price-to-earnings ratio of 18.28, a PEG ratio of 1.09 and a beta of 0.97. The stock has a 50 day moving average of $52.73 and a two-hundred day moving average of $52.09. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.59.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last issued its quarterly earnings data on Monday, October 19th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.27. The business had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $3.34 billion. Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%. The company’s quarterly revenue was up 42.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.91 earnings per share. Equities analysts forecast that Fifth Third Bancorp will post 4.10 earnings per share for the current year.
Fifth Third Bancorp Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were issued a $0.42 dividend. The ex-dividend date was Wednesday, September 30th. This is a positive change from Fifth Third Bancorp’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a dividend yield of 3.1%. Fifth Third Bancorp’s dividend payout ratio (DPR) is currently 57.53%.
Insider Activity
In other news, EVP Jude Schramm sold 20,000 shares of the company’s stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $53.14, for a total value of $1,062,800.00. Following the transaction, the executive vice president directly owned 121,460 shares in the company, valued at approximately $6,454,384.40. This represents a 14.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.51% of the company’s stock.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Its principal subsidiary, Fifth Third Bank, provides banking and financial services to individuals, businesses, government entities and institutional clients.
The company’s offerings include checking and savings accounts, consumer and commercial lending, mortgages, credit and debit cards, treasury management, cash management and payment-processing services. Through its wealth and asset management businesses, Fifth Third also provides investment management, brokerage, trust, private banking and financial planning services.
Fifth Third primarily serves customers across the Midwest and Southeast, with a branch and banking-center network spanning states including Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee and West Virginia.
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