Wells Fargo & Company Forecasts Strong Price Appreciation for Fifth Third Bancorp (NASDAQ:FITB) Stock

Fifth Third Bancorp (NASDAQ:FITB) had its price objective raised by analysts at Wells Fargo & Company from $52.00 to $58.00 in a note issued to investors on Monday,MarketScreener reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 16.51% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Barclays boosted their price target on Fifth Third Bancorp from $51.00 to $61.00 and gave the stock an “overweight” rating in a report on Monday. Argus boosted their target price on Fifth Third Bancorp from $46.00 to $49.00 in a research note on Tuesday, October 7th. DA Davidson raised their price target on shares of Fifth Third Bancorp from $47.00 to $52.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. TD Cowen lifted their price target on shares of Fifth Third Bancorp from $57.00 to $58.00 and gave the company a “buy” rating in a report on Monday, October 20th. Finally, Wall Street Zen raised shares of Fifth Third Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $53.80.

Fifth Third Bancorp Stock Performance

NASDAQ FITB opened at $49.78 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.71. 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 firm’s 50 day simple moving average is $44.95 and its 200 day simple moving average is $43.93. Fifth Third Bancorp has a 1 year low of $32.25 and a 1 year high of $49.89.

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

Insider Activity at Fifth Third Bancorp

In other news, EVP Jude Schramm sold 2,250 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were 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 owned 129,191 shares of the company’s stock, valued at approximately $6,265,763.50. This trade represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Evan Bayh acquired 3,000 shares of Fifth Third Bancorp stock in a transaction that occurred on Monday, October 20th. The stock was acquired at an average cost of $41.22 per share, for a total transaction of $123,660.00. Following the purchase, the director owned 84,942 shares of the company’s stock, valued at $3,501,309.24. The trade was a 3.66% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On Fifth Third Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in FITB. Evolution Wealth Management Inc. acquired a new position in shares of Fifth Third Bancorp in the second quarter worth approximately $26,000. Westside Investment Management Inc. raised its holdings in Fifth Third Bancorp by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 584 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 292 shares during the last quarter. Activest Wealth Management raised its holdings in Fifth Third Bancorp by 1,043.3% during the 2nd quarter. Activest Wealth Management now owns 686 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 626 shares during the last quarter. United Community Bank lifted its position in shares of Fifth Third Bancorp by 581.0% in the 3rd quarter. United Community Bank now owns 681 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 581 shares during the period. Finally, GoalVest Advisory LLC boosted its stake in shares of Fifth Third Bancorp by 246.3% in the 2nd quarter. GoalVest Advisory LLC now owns 748 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 532 shares during the last quarter. Institutional investors and hedge funds own 83.79% of the company’s stock.

Key Stories 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.

About Fifth Third Bancorp

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.