-1.46%
-10.02%
-15.57%
-2.04%
10.60%
-5.05%
79.55%
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Company Description
Fifth Third Bancorp operates as a diversified financial services company in the United States.The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses.
This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses.The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers.Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives for individuals, companies, and not-for-profit organizations.
It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace.This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities.As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina.
Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.
Market Data
| Last Price | 39.86 |
| Change Percentage | -1.46% |
| Open | 40.12 |
| Previous Close | 40.45 |
| Market Cap ( Millions) | 26630 |
| Volume | 4862760 |
| Year High | 49.07 |
| Year Low | 33.82 |
| M A 50 | 43.32 |
| M A 200 | 41.98 |
Financial Ratios
| FCF Yield | 9.05% |
| Dividend Yield | 3.61% |
| ROE | 11.77% |
| Debt / Equity | 94.15% |
| Net Debt / EBIDTA | 596.57% |
| Price To Book | 1.38 |
| Price Earnings Ratio | 11.75 |
| Price To FCF | 11.05 |
| Price To sales | 2.45 |
| EV / EBITDA | 16.23 |
News
- Feb -27 - Fifth Third Celebrates a Unique Holiday: Its 166.7 Percentennial
- Feb -26 - Fifth Third Appoints Mike Powell as Corporate Secretary
- Feb -21 - Fifth Third Bancorp to Participate in the RBC Capital Markets Financial Institutions Conference
- Feb -04 - Fifth Third Bancorp to Participate in the BofA Securities 2025 Financial Services Conference
- Feb -03 - Fifth Third Again Named Among America's Most JUST Companies by JUST Capital and CNBC
- Jan -22 - Fifth Third Celebrates Opening of New Branch in Charlotte's Historic West End Neighborhood
- Jan -22 - Capital One And Fifth Third Bancorp's Capital Strength And Growth Prospects; Analyst Sees Upside
- Jan -22 - Fifth Third Gains Deposits by Investing in Branches and Banking Platform
- Jan -21 - Committee stocks on the move: 3M, D.R. Horton, Charles Schwab, Prologis and Fifth Third
- Jan -21 - Fifth Third Bancorp (FITB) Q4 2024 Earnings Call Transcript
- Jan -21 - Fifth Third Q4 Earnings Beat Estimates on Higher NII & Lower Expenses
- Jan -21 - Fifth Third Bancorp (FITB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- Jan -21 - Fifth Third Bancorp (FITB) Q4 Earnings Surpass Estimates
- Jan -21 - Fifth Third Bancorp's quarterly profit rises on fee income boost
- Jan -21 - Fifth Third Bancorp Reports Fourth Quarter 2024 Diluted Earnings Per Share of $0.85
- Jan -20 - USB vs. FITB: Which Stock Is the Better Value Option?
- Jan -19 - Stocks This Week: Buy Netflix And Fifth Third Bancorp
- Jan -15 - Weak Asset Quality to Hurt Fifth Third's Q4 Earnings, Fee Income to Aid
- Jan -15 - Countdown to Fifth Third Bancorp (FITB) Q4 Earnings: Wall Street Forecasts for Key Metrics
- Jan -13 - Fifth Third: Watch For Commercial Credit Risk Metrics In Upcoming Report
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Consumer and Small Business Banking
Expected Growth : 4.5 %
What the company do ?
Why we expect these perspectives ?
Fifth Third Bancorp's 4.5% growth in Consumer and Small Business Banking is driven by increasing demand for digital banking services, expansion of branch network, and strategic partnerships. Additionally, the bank's focus on customer experience, competitive pricing, and targeted marketing efforts have contributed to the growth. Furthermore, the rise of small businesses and entrepreneurship in the region has also fueled the segment's growth.
Segment n°2 -> Commercial Banking
Expected Growth : 4.8 %
What the company do ?
Why we expect these perspectives ?
Fifth Third Bancorp's 4.8% growth in Commercial Banking is driven by strong loan growth, particularly in the industrial and commercial real estate sectors. Additionally, the bank's strategic investments in digital transformation and customer experience have improved operational efficiency and enhanced customer relationships, leading to increased deposits and fee income.
Segment n°3 -> General Corporate and Other
Expected Growth : 3.2 %
What the company do ?
Why we expect these perspectives ?
Fifth Third Bancorp's General Corporate and Other segment growth of 3.2% is driven by increased investments in digital transformation, cost savings initiatives, and strategic acquisitions. Additionally, the segment benefits from a favorable interest rate environment, improved asset quality, and a growing commercial loan portfolio.
Segment n°4 -> Wealth and Asset Management
Expected Growth : 5.2 %
What the company do ?
Why we expect these perspectives ?
Fifth Third Bancorp's Wealth and Asset Management segment growth of 5.2% is driven by increasing demand for investment management services, strategic acquisitions, and expansion of advisory services. Additionally, the segment benefits from a strong market performance, leading to higher asset values and fees. Furthermore, the company's digital transformation efforts and enhanced customer experience also contribute to the growth.
Segment n°5 -> Eliminations
Expected Growth : 0.0 %
What the company do ?
Why we expect these perspectives ?
Fifth Third Bancorp's eliminations growth rate of 0.0% is driven by stagnant revenue, lack of cost savings initiatives, and absence of strategic acquisitions. The company's focus on digital transformation and investments in technology have not yet yielded significant returns, resulting in flat growth.
Fifth Third Bancorp Products
| Product Range | What is it ? |
|---|---|
| Commercial Banking | Provides financial solutions to businesses and organizations, including cash management, lending, and treasury management services. |
| Branch Banking | Offers personal banking services, including checking and savings accounts, credit cards, and loans, through a network of branch locations. |
| Consumer Lending | Provides loans and credit products to individuals, including mortgages, home equity loans, and auto loans. |
| Wealth & Asset Management | Offers investment and wealth management services, including brokerage, trust, and insurance services. |
| Commercial Leasing | Provides equipment financing and leasing solutions to businesses. |
| Treasury Management | Offers cash management and treasury services to businesses, including account management and payment processing. |
| Merchant Services | Provides payment processing and merchant services to businesses. |
| Capital Markets | Offers investment banking and capital markets services, including debt and equity underwriting. |
Fifth Third Bancorp's Porter Forces
Threat Of Substitutes
Fifth Third Bancorp operates in a highly competitive industry, and customers have various alternatives for their banking needs. However, the company's strong brand recognition and extensive branch network help to mitigate the threat of substitutes.
Bargaining Power Of Customers
Fifth Third Bancorp's customers have significant bargaining power due to the availability of alternative banking services. The company must maintain competitive pricing and services to retain customers.
Bargaining Power Of Suppliers
Fifth Third Bancorp has a diverse supplier base, and no single supplier has significant bargaining power. The company's large scale of operations also gives it negotiating power with suppliers.
Threat Of New Entrants
The banking industry has significant barriers to entry, including regulatory requirements and capital requirements. While new entrants may emerge, they are unlikely to pose a significant threat to Fifth Third Bancorp's operations.
Intensity Of Rivalry
The banking industry is highly competitive, with many established players competing for market share. Fifth Third Bancorp must continually innovate and improve its services to maintain its competitive position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 50.31% |
| Debt Cost | 6.28% |
| Equity Weight | 49.69% |
| Equity Cost | 10.31% |
| WACC | 8.28% |
| Leverage | 101.26% |
Fifth Third Bancorp : Quality Control
Fifth Third Bancorp passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| FCNCA | First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit … |
| PNC | The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as … |
| MTB | M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services … |
| TFC | Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and … |
| USB | U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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PNC Financial Services Group
A-Score
1-Year Total Return ->
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M&T Bank
A-Score
1-Year Total Return ->
🥉
Truist
A-Score
1-Year Total Return ->
4
Fifth Third
A-Score
1-Year Total Return ->
5
U.S. Bank
A-Score
1-Year Total Return ->
6
