Fifth Third Bancorp
Exchange: NASDAQSector: Financial ServicesIndustry: Banks - Regional
Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people, and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution.
Did you know?
Free cash flow has been growing at 15.4% annually.
Current Price
$47.11
+0.62%GoodMoat Value
$168.46
257.6% undervaluedProfile
Valuation (TTM)
Market Cap$31.14B
P/E13.11
EV$41.01B
P/B1.43
Shares Out661.01M
P/Sales3.73
Revenue$8.36B
EV/EBITDA11.20
Fifth Third Bancorp (FITB) Stock Analysis
GoodMoat Analysis
Fifth Third Bancorp is a regional bank with a moderate moat, trading at a significant discount to its GoodMoat target price. The valuation appears favourable, but the business profile requires careful analysis of its quality and growth drivers.
Read full analysis
Fifth Third Bancorp (FITB) is a major regional bank operating in the U.S. Midwest and Southeast. Applying the GoodMoat framework, its moat likely stems from regulatory barriers and niche dominance in its core markets, though it would not score highly across the full 14-point checklist typical of tech companies. Key quality indicators are mixed: a strong operating margin of 38.4% and a healthy FCF yield of 12.6% are positives, while an ROE of 11.6% is below the 15-20% high-quality threshold. The balance sheet shows moderate leverage with a Debt/Equity ratio of 0.67. The Decision Framework's first step requires a Moat Score of 5+ and predominantly Strong quality ratings to proceed; FITB's profile suggests a borderline case, warranting deeper investigation into its specific competitive advantages and financial consistency. On valuation, the stock trades at a P/E of 12.7x and a price of $45.75, which is a 73% discount to the GoodMoat target of $168.46. This suggests a potentially deep margin of safety, placing it in the 'Deeply Undervalued' band (>40%) per the framework's DCF bands. For a value investor, the massive discount to the target price is compelling, but it is crucial to first validate the underlying business quality and the durability of its moat before the valuation becomes meaningful. Analysis based on data as of 2024-05-15.
Market Cap$31.14B
Current Price$47.11
P/E Ratio13.11
Forward P/E—
PEG Ratio0.59
EPS$3.53
Book Value$32.86
P/B Ratio1.43
FITB Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 15.4% FCF growth (CAGR)
Cash vs Debt
Net Debt: 11.0B
Revenue
7.9B
FY19
6.5B
FY20
8.3B
FY21
7.8B
FY22
8.2B
FY23
7.9B
FY24
8.4B
FY25
Net Income
2.5B
FY19
1.4B
FY20
2.8B
FY21
2.4B
FY22
2.3B
FY23
2.3B
FY24
2.5B
FY25
FITB 52-Week Range
$32.17
$54.61
50-Day MA: $48.79200-Day MA: $44.62
Did you know?
Free cash flow has been growing at 15.4% annually.
Fifth Third Bancorp (FITB) Financial Summary
Fifth Third Bancorp (FITB) is a Financial Services company in the Banks - Regional industry, listed on NASDAQ. The stock currently trades at $47.11 with a market capitalization of $31.14B.
Key valuation metrics include a P/E ratio of 13.11, price-to-book ratio of 1.43, and EPS of $3.53. The company reports a profit margin of 30.2% and return on equity of 11.6%.
FITB Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $31.14B |
| P/E Ratio | 13.11 |
| EPS | $3.53 |
| P/B Ratio | 1.43 |
| P/S Ratio | 3.73 |
| EV/EBITDA | 11.20 |
| Dividend Yield | 3.73% |
| Profit Margin | 30.2% |
| Return on Equity | 11.6% |
| Debt/Equity | 0.67 |
FITB Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $7.86B | $2.51B |
| FY20 | $6.51B | $1.43B |
| FY21 | $8.27B | $2.77B |
| FY22 | $7.81B | $2.45B |
| FY23 | $8.19B | $2.35B |
| FY24 | $7.95B | $2.31B |
| FY25 | $8.36B | $2.52B |
Fifth Third Bancorp (FITB) Valuation
Based on GoodMoat's DCF model, Fifth Third Bancorp has a fair value estimate of $168.46. At the current price of $47.11, the stock appears 72.0% undervalued relative to our intrinsic value estimate.
FITB Quality Indicators
Fifth Third Bancorp maintains a profit margin of 30.2% and an operating margin of 38.4%. Return on equity stands at 11.6%. Debt-to-equity ratio is 0.67.
About Fifth Third Bancorp
Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people, and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution.
FITB Free Cash Flow
Fifth Third Bancorp generated $3.81B in trailing twelve-month free cash flow, representing an FCF yield of 12.22%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
FITB Shares Outstanding
Fifth Third Bancorp has 0.66 billion shares outstanding at a share price of $47.11, giving it a market capitalization of $31.14B.
FITB Recent Insider Trades
Recent insider transactions at Fifth Third Bancorp include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Schramm Jude (EVP & CIO) | SELL | 16 | $815.84 |
| Spence Timothy (Chair, CEO & President) | SELL | 3,420 | $184868.10 |
| Feiger Mitchell Stuart | SELL | 9,139.1 | $501827.82 |