Fifth Third Bancorp (NASDAQ:FITB) Price Target Raised to $58.00

Fifth Third Bancorp (NASDAQ:FITB) had its price objective upped by Argus from $49.00 to $58.00 in a research note issued to investors on Thursday,MarketScreener reports.

A number of other equities analysts have also recently issued reports on FITB. Keefe, Bruyette & Woods increased their price objective on shares of Fifth Third Bancorp from $53.00 to $55.00 and gave the stock a “market perform” rating in a research report on Wednesday. Stephens upped their price target on Fifth Third Bancorp from $54.00 to $57.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Jefferies Financial Group raised their price objective on Fifth Third Bancorp from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Morgan Stanley set a $60.00 price objective on Fifth Third Bancorp and gave the company an “overweight” rating in a report on Tuesday, October 7th. Finally, Evercore ISI set a $52.00 target price on Fifth Third Bancorp in a research report on Tuesday, January 6th. Seventeen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.66.

Fifth Third Bancorp Price Performance

Shares of FITB opened at $50.78 on Thursday. The firm has a market cap of $33.57 billion, a PE ratio of 14.35, a price-to-earnings-growth ratio of 1.02 and a beta of 0.97. Fifth Third Bancorp has a 52-week low of $32.25 and a 52-week high of $53.33. The business’s 50 day moving average price is $46.83 and its two-hundred day moving average price is $44.61. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.82 and a current ratio of 0.83.

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. The company had revenue of $3.82 billion during the quarter. Fifth Third Bancorp had a net margin of 19.50% and a return on equity of 13.53%. On average, equities analysts anticipate that Fifth Third Bancorp will post 3.68 EPS for the current year.

Fifth Third Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.40 per share. The ex-dividend date was Wednesday, December 31st. This represents a $1.60 annualized dividend and a yield of 3.2%. Fifth Third Bancorp’s dividend payout ratio (DPR) is 45.20%.

Insiders Place Their Bets

In other Fifth Third Bancorp news, EVP Jude Schramm sold 2,250 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $48.50, for a total value of $109,125.00. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On Fifth Third Bancorp

A number of hedge funds have recently modified their holdings of FITB. Evolution Wealth Management Inc. bought a new position in Fifth Third Bancorp in the 2nd quarter valued at $26,000. Westside Investment Management Inc. raised its position 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 in the last quarter. Activest Wealth Management boosted its stake in Fifth Third Bancorp by 1,043.3% during the second quarter. Activest Wealth Management now owns 686 shares of the financial services provider’s stock valued at $28,000 after buying an additional 626 shares during the period. Harbor Investment Advisory LLC grew its position in Fifth Third Bancorp by 501.9% during the fourth quarter. Harbor Investment Advisory LLC now owns 620 shares of the financial services provider’s stock worth $29,000 after buying an additional 517 shares in the last quarter. Finally, United Community Bank grew its position in Fifth Third Bancorp by 581.0% during the third quarter. United Community Bank now owns 681 shares of the financial services provider’s stock worth $30,000 after buying an additional 581 shares in the last quarter. Institutional investors own 83.79% of the company’s stock.

Key Fifth Third Bancorp News

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

• Positive Sentiment: Multiple analysts raised price targets and reiterated bullish views on FITB, implying upside from recent results and strategic moves — Argus raised its target to $58 (from $49). Argus Raises Fifth Third Bancorp Price Target to $58
• Positive Sentiment: Additional bullish analyst moves: Wolfe Research raised its FITB target to $57, and positive commentary/forecasts from Janney Montgomery Scott and Piper Sandler signal analyst conviction behind the stock’s rally. Wolfe Research Raises Fifth Third Bancorp Price Target to $57.00 Janney Montgomery Scott Forecasts Strong Price Appreciation Piper Sandler Analyst: FITB Expected to Rise
• Positive Sentiment: MarketBeat highlighted Fifth Third’s strong quarter and said the Comerica acquisition could offer “double‑digit upside” in 2026 — a market narrative that supports continued analyst optimism. MarketBeat Week in Review – 01/19 – 01/23
• Positive Sentiment: Brand/retail momentum: Fifth Third Bank earned a 5‑star rating in USA Today’s inaugural “America’s Best Customer Service” study for financial services — a reputational win that supports deposit and relationship franchises. Fifth Third Bank Recognized by USA Today
• Neutral Sentiment: Credit leadership transition announced: long‑time Chief Credit Officer Greg Schroeck will retire and Deputy CCO Kristof Schneider will succeed him and join the enterprise management team — a planned succession that appears orderly but merits monitoring. Fifth Third Announces Credit Leadership Transition
• Neutral Sentiment: Coverage shows mixed analyst sentiment in places (conflicting views highlighted by some outlets), so while upgrades are notable, not all firms are uniformly bullish. Analysts Have Conflicting Sentiments on These Financial Companies
• Negative Sentiment: Macro/market risk: MarketBeat and other coverage warn of near‑term volatility as the Fed meeting and big‑tech earnings approach; that broader uncertainty is pressuring financial stocks intermittently and can mute upside from FITB‑specific catalysts. MarketBeat Week in Review – 01/19 – 01/23

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.