Fifth Third Bancorp (FITB)
NASDAQ: FITB · IEX Real-Time Price · USD
37.42
+0.67 (1.82%)
At close: May 31, 2024, 4:00 PM
37.24
-0.18 (-0.48%)
After-hours: May 31, 2024, 7:09 PM EDT

Fifth Third Bancorp Statistics

Total Valuation

FITB has a market cap or net worth of $25.60 billion. The enterprise value is $41.36 billion.

Market Cap 25.60B
Enterprise Value 41.36B

Important Dates

The next estimated earnings date is Thursday, July 18, 2024, before market open.

Earnings Date Jul 18, 2024
Ex-Dividend Date Mar 27, 2024

Share Statistics

FITB has 684.05 million shares outstanding. The number of shares has increased by 0.15% in one year.

Shares Outstanding 684.05M
Shares Change (YoY) +0.15%
Shares Change (QoQ) +0.42%
Owned by Insiders (%) 0.57%
Owned by Institutions (%) 87.82%
Float 680.10M

Valuation Ratios

The trailing PE ratio is 11.88 and the forward PE ratio is 11.20. FITB's PEG ratio is 3.44.

PE Ratio 11.88
Forward PE 11.20
PS Ratio 3.14
Forward PS 2.87
PB Ratio 1.35
P/FCF Ratio 7.99
PEG Ratio 3.44
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.16, with an EV/FCF ratio of 12.91.

EV / Earnings 19.16
EV / Sales 5.08
EV / EBITDA 12.16
EV / EBIT 14.12
EV / FCF 12.91

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.98
Debt / EBITDA 5.45
Debt / FCF 5.79
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 11.90% and return on invested capital (ROIC) is 6.15%.

Return on Equity (ROE) 11.90%
Return on Assets (ROA) 1.00%
Return on Capital (ROIC) 6.15%
Revenue Per Employee $435,003
Profits Per Employee $115,253
Employee Count 18,724
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, FITB has paid $618.00 million in taxes.

Income Tax 618.00M
Effective Tax Rate 22.26%

Stock Price Statistics

The stock price has increased by +54.18% in the last 52 weeks. The beta is 1.26, so FITB's price volatility has been higher than the market average.

Beta (1Y) 1.26
52-Week Price Change +54.18%
50-Day Moving Average 36.75
200-Day Moving Average 31.63
Relative Strength Index (RSI) 51.34
Average Volume (30 Days) 4,591,857

Short Selling Information

The latest short interest is 21.23 million, so 3.10% of the outstanding shares have been sold short.

Short Interest 21.23M
Short Previous Month 24.70M
Short % of Shares Out 3.10%
Short % of Float 3.12%
Short Ratio (days to cover) 4.72

Income Statement

In the last 12 months, FITB had revenue of $8.15 billion and earned $2.16 billion in profits. Earnings per share was $3.15.

Revenue 8.15B
Gross Profit 8.15B
Operating Income 2.93B
Pretax Income 2.93B
Net Income 2.16B
EBITDA 3.40B
EBIT 2.93B
Earnings Per Share (EPS) $3.15
Full Income Statement

Balance Sheet

The company has $2.80 billion in cash and $18.56 billion in debt, giving a net cash position of -$15.76 billion or -$23.04 per share.

Cash & Cash Equivalents 2.80B
Total Debt 18.56B
Net Cash -15.76B
Net Cash Per Share -$23.04
Equity / Book Value 19.02B
Book Value Per Share 27.80
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.57 billion and capital expenditures -$371.00 million, giving a free cash flow of $3.20 billion.

Operating Cash Flow 3.57B
Capital Expenditures -371.00M
Free Cash Flow 3.20B
FCF Per Share $4.67
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 35.96% and 26.49%.

Gross Margin 100.00%
Operating Margin 35.96%
Pretax Margin 35.96%
Profit Margin 26.49%
EBITDA Margin 41.77%
EBIT Margin 35.96%
FCF Margin 39.32%

Dividends & Yields

This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 3.74%.

Dividend Per Share $1.40
Dividend Yield 3.74%
Dividend Growth (YoY) 6.98%
Years of Dividend Growth 13
Payout Ratio 44.44%
Buyback Yield -0.15%
Shareholder Yield 3.59%
Earnings Yield 8.43%
FCF Yield 12.51%
Dividend Details

Analyst Forecast

The average price target for FITB is $38.47, which is 2.81% higher than the current price. The consensus rating is "Buy".

Price Target $38.47
Price Target Difference 2.81%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 1.97%
Stock Forecasts

Stock Splits

The last stock split was on July 17, 2000. It was a forward split with a ratio of 3:2.

Last Split Date Jul 17, 2000
Split Type Forward
Split Ratio 3:2

Scores

Altman Z-Score n/a
Piotroski F-Score 4