Fifth Third Bancorp (NASDAQ:FITB – Free Report) – Equities research analysts at Wedbush upped their Q2 2025 earnings per share estimates for Fifth Third Bancorp in a research note issued on Tuesday, September 24th. Wedbush analyst D. Chiaverini now anticipates that the financial services provider will post earnings per share of $0.89 for the quarter, up from their previous forecast of $0.88. The consensus estimate for Fifth Third Bancorp’s current full-year earnings is $3.30 per share. Wedbush also issued estimates for Fifth Third Bancorp’s FY2025 earnings at $4.00 EPS.
Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last posted its earnings results on Friday, July 19th. The financial services provider reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.04). Fifth Third Bancorp had a net margin of 17.41% and a return on equity of 15.79%. The company had revenue of $3.32 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter last year, the business earned $0.87 earnings per share.
View Our Latest Stock Report on Fifth Third Bancorp
Fifth Third Bancorp Price Performance
NASDAQ FITB opened at $42.94 on Thursday. The firm has a market cap of $29.06 billion, a P/E ratio of 13.63, a price-to-earnings-growth ratio of 2.03 and a beta of 1.22. The stock’s 50-day moving average is $41.37 and its two-hundred day moving average is $38.32. Fifth Third Bancorp has a fifty-two week low of $22.49 and a fifty-two week high of $43.85. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.81 and a quick ratio of 0.81.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Morningstar Investment Management LLC bought a new position in Fifth Third Bancorp in the 4th quarter worth approximately $2,257,000. Bank of Nova Scotia raised its position in Fifth Third Bancorp by 31.6% in the 4th quarter. Bank of Nova Scotia now owns 88,587 shares of the financial services provider’s stock worth $3,056,000 after purchasing an additional 21,251 shares during the last quarter. Park National Corp OH raised its position in Fifth Third Bancorp by 15.0% in the 2nd quarter. Park National Corp OH now owns 41,503 shares of the financial services provider’s stock worth $1,514,000 after purchasing an additional 5,411 shares during the last quarter. rhino investment partners Inc raised its position in Fifth Third Bancorp by 20.1% in the 4th quarter. rhino investment partners Inc now owns 1,301,553 shares of the financial services provider’s stock worth $44,891,000 after purchasing an additional 217,956 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Fifth Third Bancorp by 8.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 291,188 shares of the financial services provider’s stock worth $10,043,000 after purchasing an additional 21,612 shares during the last quarter. Institutional investors own 83.79% of the company’s stock.
Insider Buying and Selling at Fifth Third Bancorp
In other news, EVP Kevin P. Lavender sold 20,000 shares of Fifth Third Bancorp stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of $41.77, for a total value of $835,400.00. Following the completion of the transaction, the executive vice president now owns 125,087 shares in the company, valued at $5,224,883.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Jude Schramm sold 2,500 shares of Fifth Third Bancorp stock in a transaction that occurred on Tuesday, July 16th. The shares were sold at an average price of $40.00, for a total value of $100,000.00. Following the completion of the transaction, the executive vice president now owns 134,422 shares in the company, valued at $5,376,880. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kevin P. Lavender sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 24th. The stock was sold at an average price of $41.77, for a total transaction of $835,400.00. Following the completion of the transaction, the executive vice president now owns 125,087 shares of the company’s stock, valued at approximately $5,224,883.99. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 54,500 shares of company stock valued at $2,269,920. 0.50% of the stock is currently owned by corporate insiders.
Fifth Third Bancorp Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.45%. This is an increase from Fifth Third Bancorp’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Monday, September 30th. Fifth Third Bancorp’s payout ratio is presently 44.44%.
About Fifth Third Bancorp
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.
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