Fifth Third Bancorp (NASDAQ:FITB) Sets New 52-Week High Following Analyst Upgrade

Shares of Fifth Third Bancorp (NASDAQ:FITB) reached a new 52-week high during mid-day trading on Monday after UBS Group upgraded the stock from a neutral rating to a buy rating. UBS Group now has a $57.00 price target on the stock. Fifth Third Bancorp traded as high as $48.87 and last traded at $49.01, with a volume of 1216582 shares trading hands. The stock had previously closed at $47.71.

Other equities research analysts also recently issued reports about the company. Stephens lifted their price objective on Fifth Third Bancorp from $54.00 to $57.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. The Goldman Sachs Group raised their price target on shares of Fifth Third Bancorp from $49.00 to $51.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Jefferies Financial Group upped their price target on shares of Fifth Third Bancorp from $55.00 to $60.00 and gave the company a “buy” rating in a report on Friday, December 19th. Barclays raised their price objective on shares of Fifth Third Bancorp from $51.00 to $61.00 and gave the stock an “overweight” rating in a report on Monday. Finally, TD Cowen upped their target price on shares of Fifth Third Bancorp from $57.00 to $58.00 and gave the company a “buy” rating in a research note on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Fifth Third Bancorp currently has a consensus rating of “Moderate Buy” and an average target price of $53.80.

Insider Transactions at Fifth Third Bancorp

In other news, EVP Jude Schramm sold 2,250 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $48.50, for a total transaction of $109,125.00. Following the completion of the transaction, the executive vice president directly owned 129,191 shares of the company’s stock, valued at approximately $6,265,763.50. This represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Evan Bayh purchased 3,000 shares of the company’s stock in a transaction dated Monday, October 20th. The shares were bought at an average price of $41.22 per share, for a total transaction of $123,660.00. Following the completion of the transaction, the director directly owned 84,942 shares in the company, valued at approximately $3,501,309.24. This trade represents a 3.66% increase in their position. The SEC filing for this purchase provides additional information. 0.53% of the stock is owned by corporate insiders.

Key Headlines Impacting Fifth Third Bancorp

Here are the key news stories impacting Fifth Third Bancorp this week:

• Positive Sentiment: Shareholders of both companies voted overwhelmingly to approve the combination (Fifth Third and Comerica), with Fifth Third reporting 99.7% of votes cast in favor; the deal is expected to close in Q1 2026, removing a key approval hurdle. Read More.
• Positive Sentiment: Comerica stockholders also approved the $10.9 billion transaction, advancing the merger and consolidating scale that could drive cost synergies and revenue opportunities for the combined bank. Read More.
• Positive Sentiment: Analysts raised price targets after the deal momentum: Barclays lifted its FITB target to $61 (from $51) and Wells Fargo raised its target to $58 while keeping an overweight/positive view — these upgrades support further upside expectations. Read More. Read More.
• Neutral Sentiment: Company recognition and business-line momentum: Fifth Third Private Bank was named Best Private Bank by Global Finance for the seventh year, supporting franchise strength in wealth management (a strategic growth area). Read More.
• Neutral Sentiment: Local leadership sees opportunity to grow wealth management and digital investment in 2026 — positive for long-term revenue mix but not an immediate catalyst. Read More.
• Negative Sentiment: Risks remain: an activist hedge fund had urged Comerica to block the sale and regulatory/closing conditions still must be satisfied — any regulatory snag or closing delay could weigh on the stock until the transaction is closed. Read More.

Institutional Investors Weigh In On Fifth Third Bancorp

A number of hedge funds have recently added to or reduced their stakes in FITB. Avior Wealth Management LLC bought a new position in shares of Fifth Third Bancorp during the fourth quarter worth about $301,000. GAMMA Investing LLC boosted its stake in Fifth Third Bancorp by 5.9% during the 4th quarter. GAMMA Investing LLC now owns 38,058 shares of the financial services provider’s stock valued at $1,781,000 after purchasing an additional 2,130 shares during the period. Davis Selected Advisers grew its position in Fifth Third Bancorp by 6.2% in the 3rd quarter. Davis Selected Advisers now owns 2,668,869 shares of the financial services provider’s stock worth $118,898,000 after purchasing an additional 156,013 shares during the last quarter. Saranac Partners Ltd acquired a new stake in shares of Fifth Third Bancorp in the third quarter valued at approximately $106,000. Finally, Allworth Financial LP raised its holdings in shares of Fifth Third Bancorp by 6.6% during the third quarter. Allworth Financial LP now owns 13,037 shares of the financial services provider’s stock valued at $581,000 after buying an additional 805 shares during the last quarter. 83.79% of the stock is currently owned by institutional investors.

Fifth Third Bancorp Stock Performance

The firm has a market capitalization of $32.91 billion, a price-to-earnings ratio of 14.86, a P/E/G ratio of 0.87 and a beta of 0.97. The company has a 50-day moving average price of $44.95 and a 200-day moving average price of $43.93. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.71.

Fifth Third Bancorp (NASDAQ:FITB) last posted its earnings results on Tuesday, November 4th. The financial services provider reported $0.91 EPS for the quarter. Fifth Third Bancorp had a return on equity of 13.41% and a net margin of 18.67%.The firm had revenue of $3.82 billion for the quarter. As a group, equities research analysts forecast that Fifth Third Bancorp will post 3.68 earnings per share for the current year.

Fifth Third Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Wednesday, December 31st. Fifth Third Bancorp’s dividend payout ratio is currently 47.76%.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.