Fifth Third Bancorp

FITB

US3167731005

Banks

Market Closed - Nasdaq Other stock markets 04:00:06 2024-07-12 pm EDT			5-day change	1st Jan Change
38.48 ^USD	+0.58%		+6.86%	+11.57%

Jul. 10	US regional banks to face increased scrutiny as CRE exposure stifles buybacks	RE
Jul. 09	Sector Update: Financial Stocks Rise Late Afternoon	MT

Fifth Third Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2022

January 19, 2023 at 06:30 am EST

Fifth Third Bancorp reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 1,577 million compared to USD 1,197 million a year ago. Net income was USD 737 million compared to USD 662 million a year ago.

Basic earnings per share from continuing operations was USD 1.01 compared to USD 0.91 a year ago. Diluted earnings per share from continuing operations was USD 1.01 compared to USD 0.9 a year ago.

Latest news about Fifth Third Bancorp

US regional banks to face increased scrutiny as CRE exposure stifles buybacks	Jul. 10	RE
Sector Update: Financial Stocks Rise Late Afternoon	Jul. 09	MT
Sector Update: Financial Stocks Gain Tuesday Afternoon	Jul. 09	MT
Fifth Third Bancorp Expands Commercial Banking in Alabama	Jul. 09	MT
Sector Update: Financial	Jul. 09	MT
Fifth Third Bancorp Announces Management Appointments	Jul. 09	CI
Fifth Third Bancorp Expands into Alabama, Opens Birmingham-Based Commercial Banking Office	Jul. 09	CI
Fifth Third Reaches Settlement With Consumer Financial Protection Bureau	Jul. 09	MT
Fifth Third is fined by US CFPB over fake bank accounts, auto repossessions	Jul. 09	RE
US watchdog to fine Fifth Third $20 million over fake accounts and auto insurance	Jul. 09	RE
Jefferies Adjusts Price Target on Fifth Third Bancorp to $43 From $42, Maintains Buy Rating	Jul. 03	MT
Jefferies Adjusts Price Target on Fifth Third Bancorp to $43 From $42, Maintains Buy Rating	Jul. 03	MT
All Banks Passed Fed Stress Tests as Expected, Morgan Stanley Says	Jun. 27	MT
Big US banks withstand Fed's commercial real estate shock scenario	Jun. 26	RE
Evercore ISI Adjusts Price Target on Fifth Third Bancorp to $41 From $42	Jun. 25	MT
Wedbush Lifts Price Target on Fifth Third Bancorp to $45 From $44, Keeps Outperform Rating	Jun. 24	MT
Explainer-What are the Fed's bank 'stress tests' and what's new this year?	Jun. 24	RE
Fifth Third Bancorp Keeps Q2 Cash Dividend of $0.35 a Share, Payable July 15 to Holders of Record June 28	Jun. 13	MT
Fifth Third Bancorp Declares Cash Dividend for the Second Quarter of 2024, Payable on July 15, 2024	Jun. 13	CI
Fifth Third Bank Opens Central Valley Commercial Banking Office	Jun. 13	CI
Fifth Third Bancorp to Repurchase About $125 Million Common Shares Under Stock Buyback Agreement With Morgan Stanley	Jun. 12	MT
Transcript : Fifth Third Bancorp Presents at Morgan Stanley US Financials, Payments & CRE Conference 2024, Jun-11-2024 07:25 AM	Jun. 11
Disaster averted	May. 31
Wolfe Research Upgrades Fifth Third Bancorp to Outperform From Peer Perform, With $43 Price Target	May. 31	MT
ANALYST RECOMMENDATIONS : Humana, Netapp, Dell, Qualcomm, Paypal...	May. 31

Chart Fifth Third Bancorp

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Company Profile

Fifth Third Bancorp is a banking group primarily organized around three sectors of activity: - retail banking (55.5% of Net Interest Income): sales of banking products and services to individuals and small businesses; - commercial banking (40.7%): sales of banking and financial products and services to medium-sized and large businesses, government institutions, and professionals; - investment services (3.8%): investment consulting services, asset management, brokerage services, etc. At the end of 2023, the group had USD 168.9 billion in current deposits and USD 114.9 billion in current loans. The products and services are marketed through a network of 1,088 banking centers located in the United States.

Sector

Banks

Calendar

2024-07-19 - Q2 2024 Earnings Release

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S&P 500

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Ratings for Fifth Third Bancorp

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

38.48 USD

Average target price

40.52 USD

Spread / Average Target

+5.30%

Consensus

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