Fifth Third Bancorp (NASDAQ:FITB) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Fifth Third Bancorp (NASDAQ:FITB) had its target price boosted by Royal Bank Of Canada from $52.00 to $57.00 in a report issued on Wednesday, Marketbeat Ratings reports. The brokerage presently has an “outperform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 12.01% from the stock’s current price.

A number of other research firms have also recently commented on FITB. TD Cowen reissued a “buy” rating on shares of Fifth Third Bancorp in a research report on Wednesday, January 7th. UBS Group upgraded Fifth Third Bancorp from a “neutral” rating to a “buy” rating and set a $57.00 price objective for the company in a report on Tuesday, January 6th. Truist Financial boosted their target price on Fifth Third Bancorp from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. Wall Street Zen upgraded Fifth Third Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Fifth Third Bancorp in a report on Wednesday, October 8th. Seventeen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $55.06.

Fifth Third Bancorp Trading Down 3.7%

Shares of NASDAQ FITB opened at $50.89 on Wednesday. Fifth Third Bancorp has a 1-year low of $32.25 and a 1-year high of $53.33. The business has a fifty day moving average price of $46.67 and a 200 day moving average price of $44.55. The stock has a market capitalization of $33.64 billion, a P/E ratio of 14.38, a price-to-earnings-growth ratio of 1.13 and a beta of 0.97. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.83 and a quick ratio of 0.82.

Fifth Third Bancorp (NASDAQ:FITB) last announced its earnings results on Tuesday, January 20th. The financial services provider reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.08. The business had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.34 billion. Fifth Third Bancorp had a net margin of 19.50% and a return on equity of 13.53%. The firm’s revenue was up 63.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.85 earnings per share. Equities research analysts expect that Fifth Third Bancorp will post 3.68 EPS for the current fiscal year.

Insider Transactions at Fifth Third Bancorp

In other Fifth Third Bancorp news, EVP Jude Schramm sold 2,250 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $48.50, for a total value of $109,125.00. Following the sale, 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 this link. 0.53% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Fifth Third Bancorp

Institutional investors have recently modified their holdings of the stock. Westside Investment Management Inc. boosted its stake in shares of Fifth Third Bancorp by 100.0% in the third quarter. Westside Investment Management Inc. now owns 584 shares of the financial services provider’s stock worth $26,000 after buying an additional 292 shares during the last quarter. Harbor Investment Advisory LLC lifted its holdings in Fifth Third Bancorp by 501.9% in the fourth quarter. Harbor Investment Advisory LLC now owns 620 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 517 shares during the period. Evolution Wealth Management Inc. purchased a new stake in Fifth Third Bancorp in the 2nd quarter worth approximately $26,000. United Community Bank grew its stake in shares of Fifth Third Bancorp by 581.0% during 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, Activest Wealth Management increased its holdings in shares of 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 valued at $28,000 after purchasing an additional 626 shares in the last quarter. Hedge funds and other institutional investors own 83.79% of the company’s stock.

Fifth Third Bancorp News Summary

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

• Positive Sentiment: Q4 earnings beat and record net interest income — Fifth Third reported stronger-than-expected profitability, record NII and improving credit trends, which traders viewed as confirmation of operational momentum. Fifth Third Hits New 12-Month High After Earnings Beat
• Positive Sentiment: Multiple analyst upgrades and higher price targets — Several firms (RBC, Wolfe, Piper Sandler, Janney et al.) raised targets and maintained outperform/overweight views, supporting upside expectations. Analyst Price Target Raises
• Positive Sentiment: Bullish thematic outlook and capital-return story — MarketBeat and others highlight a potential multi‑decade high path driven by NII expansion, dividends and buybacks, and the Comerica acquisition as a growth lever. MarketBeat Bullish Thesis
• Positive Sentiment: Product and digital traction — Management says a new banking app and investments in branches/digital drove engagement and originations, helping NII and fee income. App Drives Engagement
• Neutral Sentiment: Valuation check — Coverage pieces note strong fundamentals but ask whether current multiple fully reflects the Comerica merger upside and improved NII; watch forward guidance vs. price. Valuation Check
• Positive Sentiment: Dividend appeal — Analysts/publications flag FITB as a high‑yield, growing dividend play (payout ratio under 40% and room for buybacks), supporting investor demand. Dividend Coverage
• Negative Sentiment: Merger-related headwinds and layoffs — Coverage of Comerica employee layoffs as integration progresses can raise short‑term execution risk, morale/regulatory scrutiny and potential one‑time costs; investors will watch announced synergies vs. integration drag. Comerica Layoffs

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.