Fifth Third Bancorp
General ticker "FITB" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $31.5B
Fifth Third Bancorp follows the US Stock Market performance with the rate: 67.6%.
Estimated limits based on current volatility of 1.8%: low 42.33$, high 43.88$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-09-30, amount 0.37$ (Y3.45%)
- Company does not operate outside North America (retrieved using AI)
- Current price 13.3% above estimated high
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [25.31$, 37.89$]
- 2024-12-30 to 2025-12-30 estimated range: [33.33$, 46.92$]
Financial Metrics affecting the FITB estimates:
- Positive: Non-GAAP EPS, $ of 3.51 > 2.29
- Positive: Operating cash flow per share per price, % of 20.73 > 12.76
- Negative: Investing cash flow per share, $ of -13.87 <= -3.48
- Positive: Industry inventory ratio change (median), % of -32.20 <= -0.39
- Positive: Operating profit margin, % of 54.11 > 19.51
- Negative: Interest expense per share, $ of 5.75 > 0.74
Short-term FITB quotes
Long-term FITB plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $7,799.00MM | $8,295.00MM | $8,195.00MM |
| Operating Expenses | $4,282.00MM | $4,224.00MM | $3,761.00MM |
| Operating Income | $3,517.00MM | $4,071.00MM | $4,434.00MM |
| Non-Operating Income | $0.00MM | $-978.00MM | $-1,446.00MM |
| Interest Expense | $441.00MM | $978.00MM | $3,933.00MM |
| Income(Loss) | $3,517.00MM | $3,093.00MM | $2,988.00MM |
| Taxes | $747.00MM | $647.00MM | $639.00MM |
| Profit(Loss) | $2,770.00MM | $2,446.00MM | $2,349.00MM |
| Stockholders Equity | $22,210.00MM | $17,327.00MM | $19,172.00MM |
| Inventory | $41,825.00MM | $12,415.00MM | $0.00MM |
| Assets | $211,116.00MM | $207,452.00MM | $214,574.00MM |
| Operating Cash Flow | $2,704.00MM | $6,428.00MM | $4,509.00MM |
| Capital expenditure | $309.00MM | $472.00MM | $491.00MM |
| Investing Cash Flow | $-7,968.00MM | $-4,871.00MM | $-9,488.00MM |
| Financing Cash Flow | $5,111.00MM | $-1,085.00MM | $4,655.00MM |
| Earnings Per Share* | $3.78 | $3.38 | $3.23 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.