Key Points
- EVP Kevin Khanna sold 6,000 shares of Fifth Third at an average price of $50.77 on April 20, trimming his stake by about 7.3% to 76,299 shares, as disclosed in an SEC Form 4 filing.
- Fifth Third beat earnings expectations, reporting $0.83 EPS for the quarter (versus a consensus of -$0.04), while revenue was $2.86 billion, slightly below forecasts.
- Analysts raised targets and cited Comerica synergies after Fifth Third's ~ $10.9 billion Comerica acquisition, with multiple firms boosting price targets and maintaining/strengthening buy ratings on expected earnings upside.
Fifth Third Bancorp (NASDAQ:FITB - Get Free Report) EVP Kevin Khanna sold 6,000 shares of Fifth Third Bancorp stock in a transaction on Monday, April 20th. The shares were sold at an average price of $50.77, for a total transaction of $304,620.00. Following the transaction, the executive vice president owned 76,299 shares in the company, valued at approximately $3,873,700.23. This trade represents a 7.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Fifth Third Bancorp Stock Up 0.2%
FITB opened at $51.10 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.83 and a current ratio of 0.83. Fifth Third Bancorp has a fifty-two week low of $33.52 and a fifty-two week high of $55.44. The firm's fifty day moving average is $48.52 and its 200 day moving average is $46.95. The stock has a market cap of $46.27 billion, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 1.05 and a beta of 0.95.
Fifth Third Bancorp (NASDAQ:FITB - Get Free Report) last released its earnings results on Friday, April 17th. The financial services provider reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.87. Fifth Third Bancorp had a net margin of 15.89% and a return on equity of 12.39%. The company had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.91 billion. During the same quarter in the previous year, the company earned $0.71 EPS. On average, sell-side analysts forecast that Fifth Third Bancorp will post 4.06 earnings per share for the current fiscal year.
Fifth Third Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.40 per share. The ex-dividend date was Tuesday, March 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.1%. Fifth Third Bancorp's payout ratio is 53.69%.
Key Fifth Third Bancorp News
Here are the key news stories impacting Fifth Third Bancorp this week:
- Positive Sentiment: Multiple analyst upgrades/price-target raises: Robert W. Baird raised its target to $56 and kept an outperform rating; Evercore raised its target to $53; DA Davidson reaffirmed a buy and set a $58 target — these moves signal incremental upside expectations for EPS and integration benefits, supporting buying interest. Baird target raise Evercore target raise DA Davidson reaffirmation
- Positive Sentiment: Comerica deal integration updates: Fifth Third released details on new deposits, cost savings and expected synergies after completing the ~$10.9B Comerica acquisition — these operational gains are seen as earnings-accretive and help justify higher targets. Comerica integration details
- Positive Sentiment: Morgan Stanley / other sell‑side support: Morgan Stanley maintained a Buy rating citing Comerica synergies and earnings upside, reinforcing conviction from institutional analysts. Morgan Stanley note
- Neutral Sentiment: Annual meeting / 2025 performance highlights: The company issued a shareholder update summarizing 2025 performance and community impact — supportive for long‑term narrative but unlikely to move near‑term earnings expectations materially. 2025 highlights
- Neutral Sentiment: Management/profile pieces: Company and executive profiles (e.g., Francie Henry) provide positive PR but are not immediate catalysts for earnings. Francie Henry profile
- Neutral Sentiment: Cautious approach to certain lending verticals: Fifth Third flagged a cautious stance on software and data‑center lending — this reduces credit risk but could limit loan growth in higher‑yield niches. Cautious lending note
- Negative Sentiment: Insider sale: EVP Kevin Khanna sold 6,000 shares at an average ~$50.77, trimming his stake by ~7.3% — an insider sale can be perceived negatively by some investors even if it may be routine or for personal reasons. SEC Form 4
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Argus lifted their target price on shares of Fifth Third Bancorp from $49.00 to $58.00 in a research note on Thursday, January 22nd. Zacks Research upgraded shares of Fifth Third Bancorp from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 10th. DA Davidson reiterated a "buy" rating and issued a $58.00 price target on shares of Fifth Third Bancorp in a research note on Monday. Barclays boosted their price target on shares of Fifth Third Bancorp from $61.00 to $63.00 and gave the stock an "overweight" rating in a research note on Monday. Finally, Truist Financial set a $57.00 price target on shares of Fifth Third Bancorp in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Fifth Third Bancorp presently has an average rating of "Moderate Buy" and a consensus price target of $56.86.
Read Our Latest Stock Analysis on Fifth Third Bancorp
Institutional Trading of Fifth Third Bancorp
Hedge funds have recently bought and sold shares of the stock. Cambient Family Office LLC raised its position in shares of Fifth Third Bancorp by 17.0% during the 1st quarter. Cambient Family Office LLC now owns 7,645 shares of the financial services provider's stock valued at $358,000 after buying an additional 1,113 shares in the last quarter. Fruth Investment Management raised its position in shares of Fifth Third Bancorp by 335.2% during the 1st quarter. Fruth Investment Management now owns 27,210 shares of the financial services provider's stock valued at $1,264,000 after buying an additional 20,957 shares in the last quarter. OLD Second National Bank of Aurora raised its position in shares of Fifth Third Bancorp by 36.6% during the 1st quarter. OLD Second National Bank of Aurora now owns 81,906 shares of the financial services provider's stock valued at $3,805,000 after buying an additional 21,932 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Fifth Third Bancorp by 7.6% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,841 shares of the financial services provider's stock valued at $225,000 after buying an additional 344 shares in the last quarter. Finally, Wesbanco Bank Inc. raised its position in shares of Fifth Third Bancorp by 0.5% during the 1st quarter. Wesbanco Bank Inc. now owns 122,877 shares of the financial services provider's stock valued at $5,709,000 after buying an additional 559 shares in the last quarter. Hedge funds and other institutional investors own 83.79% of the company's stock.
Fifth Third Bancorp Company Profile
(
Get Free Report)
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.
Further Reading
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