Upside case
Bull case
$171+245.1%
FITB would need investors to value it at roughly 56x earnings — about 40x more generous than today's 16x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 2026
Fifth Third Bancorp (FITB) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
51
analysts
27 bullish · 2 bearish · 51 covering FITB
Strong Buy
1
Buy
26
Hold
22
Sell
2
Strong Sell
0
Consensus Target
$57
+13.8% vs today
Scenario Range
$48 – $171
Model bear to bull value window
Coverage
51
Published analyst ratings
Valuation Context
16.1x
Forward P/E · Market cap $33.3B
FITB price targets
Three scenarios for where FITB stock could go
Current
~$50
Confidence
50 / 100
Updated
May 1, 2026
Where we are now
Current · $50
Bear
$48
Base
$73
Bull
$171
Market caseClosest to today
Base case
$73+47.2%
At 24x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$48-4.1%
If investor confidence fades or macro conditions deteriorate, a 1x multiple contraction could push FITB down roughly 4% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Fifth Third Bancorp
FITB · NASDAQFinancial ServicesBanks - RegionalDecember year-end
Fifth Third Bancorp is a regional bank providing commercial banking, consumer banking, and wealth management services across the U.S. Midwest and Southeast. It generates revenue primarily through net interest income from loans and deposits (about 60% of total revenue) and non-interest income from fees, investment banking, and wealth management services (roughly 40%). The bank's competitive advantage lies in its established regional footprint—with deep customer relationships in its core markets—and its diversified revenue streams across commercial, consumer, and wealth management segments.
Market Cap
$33.3B
Net Income TTM
$2.4B
FITB Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
67%Exceptional
12 quarters tracked
Revenue Beat Rate
33%Exceptional
vs consensus estimates
Avg EPS Surprise
+24.1%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$0.90/$0.87
Revenue
$2.2B/$2.2B
Q4 2025
EPS
$0.93/$0.86
Revenue
$2.3B/$2.3B
Q1 2026
EPS
$1.08/$1.00
Revenue
$2.3B/$2.3B
Q2 2026
EPS
$0.16/$-0.10
Revenue
$2.9B/$2.8B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.90/$0.87 | +3.8% | $2.2B/$2.2B | +1.1% |
| Q4 2025 | $0.93/$0.86 | +8.1% | $2.3B/$2.3B | +0.5% |
| Q1 2026 | $1.08/$1.00 | +8.4% | $2.3B/$2.3B | +0.2% |
| Q2 2026 | $0.16/$-0.10 | +254.6% | $2.9B/$2.8B | +0.5% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$13.3B
+2.0% YoY
FY2
$14.3B
+7.1% YoY
EPS Outlook
FY1
$3.66
+1.8% YoY
FY2
$4.62
+26.4% YoY
Trailing FCF (TTM)$3.4B
Next Earnings
—
Expected EPS
—
Expected Revenue
—
FITB beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
FITB Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2024
Total disclosed revenue $13.3B
Product Mix
Latest annual revenue by segment or product family
Total interest income
78.5%
+6.8% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Segment breakdown not available for this company.
Total interest income is the largest disclosed segment at 78.5% of FY 2024 revenue, up 6.8% YoY.
FITB Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Overvalued
Fair value est. $39 — implies -22.2% from today's price.
Premium to Fair Value
22.2%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
FITB
15.8x
vs
S&P 500
25.1x
37% discount
vs Financial Services Trailing P/E
FITB
15.8x
vs
Financial Services
13.1x
+20% premium
vs FITB 5Y Avg P/E
Today
15.8x
vs
5Y Average
12.1x
+30% premium
Forward PE
16.1x
S&P 500
19.1x
-16%
Financial Services
10.4x
+54%
5Y Avg
—
—
Trailing PE
15.8x
S&P 500
25.1x
-37%
Financial Services
13.1x
+20%
5Y Avg
12.1x
+30%
PEG Ratio
—
S&P 500
1.70x
—
Financial Services
1.01x
—
5Y Avg
—
—
EV/EBITDA
14.4x
S&P 500
15.3x
-6%
Financial Services
11.5x
+26%
5Y Avg
12.1x
+20%
Price/FCF
13.8x
S&P 500
21.4x
-35%
Financial Services
10.6x
+31%
5Y Avg
8.7x
+58%
Price/Sales
2.5x
S&P 500
3.1x
-17%
Financial Services
2.3x
+13%
5Y Avg
2.6x
-2%
Dividend Yield
3.44%
S&P 500
1.90%
+82%
Financial Services
2.68%
+28%
5Y Avg
3.96%
-13%
| Metric | FITB | S&P 500 | Financial Services | 5Y Avg FITB |
|---|---|---|---|---|
| Forward PE | 16.1x | 19.1x-16% | 10.4x+54% | — |
| Trailing PE | 15.8x | 25.1x-37% | 13.1x+20% | 12.1x+30% |
| PEG Ratio | — | 1.70x | 1.01x | — |
| EV/EBITDA | 14.4x | 15.3x | 11.5x+26% | 12.1x+20% |
| Price/FCF | 13.8x | 21.4x-35% | 10.6x+31% | 8.7x+58% |
| Price/Sales | 2.5x | 3.1x-17% | 2.3x+13% | 2.6x |
| Dividend Yield | 3.44% | 1.90% | 2.68% | 3.96% |
FITB trades above S&P 500 benchmarks on 0 of 5 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolFITB Financial Health
Verdict
Stressed
FITB generates 11.4% ROE and 1.1% return on assets — the two primary signals for banking profitability. FCF-based metrics are not applicable to financial companies.
Earnings Engine
Revenue, profitability, and return on capital
Revenue (TTM)
Trailing-twelve-month sales base
—
Revenue Growth
TTM vs prior year
—
Operating Margin
Operating income divided by revenue
—
Net Margin
Net income divided by revenue
—
EPS (TTM)
Diluted earnings per share, trailing twelve months
$3.60
ROE
Return on equity — the primary profitability signal for banks
11.4%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
5.7%
ROA
Return on assets, trailing twelve months
1.1%
Cash & Equivalents
Liquid assets on the balance sheet
$3.0B
Net Debt
Total debt minus cash
$16.0B
FCF Analysis
Traditional FCF and debt/FCF ratios are not meaningful for financial companies. Focus on ROE and ROA above.
ROE
Return on equity — the headline bank profitability metric
11.4%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
5.3%
Dividend
3.4%
Buyback
1.9%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$625M
Dividend / Share
Annualized trailing dividend per share
$1.71
Payout Ratio
Share of earnings distributed as dividends
50.8%
Shares Outstanding
Declining as buybacks retire shares
687M
All figures from the trailing twelve months. For financial companies, ROE and ROA are the primary health signals — FCF-based metrics are not applicable.
Open full ratios pageFITB Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 11, 2026
High Risk
Credit Deterioration
A weakening U.S. economy, especially in FITB's geographic footprint, could deteriorate credit quality, prompting higher provisions for credit losses. This would directly reduce net income and could strain capital ratios.
High Risk
Capital Adequacy
FITB must maintain capital ratios per regulatory rules; failure to meet these could trigger restrictions or enforcement actions, limiting growth and increasing costs.
Medium
Category III Transition
Post‑Comerica acquisition, FITB will transition to a Category III institution, subjecting it to more stringent regulatory requirements and oversight. Compliance costs and operational adjustments could impact profitability.
Medium
Acquisition Integration
Integrating Comerica's operations presents risks due to size and complexity; integration challenges could lead to cost overruns, system incompatibilities, and regulatory scrutiny.
Medium
Market Volatility
FITB's stock price is highly volatile, with passive fund flows and market downturns potentially driving price swings unrelated to fundamentals. Volatility can affect investor confidence and the bank's ability to raise capital.
Lower
IT & Cybersecurity
Dependence on IT systems and third‑party providers exposes FITB to system failures and cyber threats. A breach or outage could disrupt operations, erode customer trust, and incur regulatory penalties.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why FITB Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 11, 2026
Comerica Acquisition Catalyst
The acquisition of Comerica, completed in Q1 2026, will transform Fifth Third into the ninth‑largest U.S. bank by assets, deposits, and loans. The deal expands market density and boosts operational efficiency, positioning FITB for accelerated growth.
$850 M Cost Synergy & 22% IRR
Fifth Third expects $850 million in annual pre‑tax cost synergies from the Comerica deal, with an internal rate of return of 22 %. Revenue synergies of $500 million or more are projected over three to five years, lifting EPS by 9 % by 2027.
Strong Financial Performance & Growth
The bank has posted year‑over‑year increases in tangible common equity and tangible book value per share, alongside growing net interest income and average earning assets. These metrics underscore a solid balance sheet and earnings momentum.
Consistent Dividend Growth & Share Repurchases
FITB has delivered 15 consecutive years of dividend increases and maintains a high shareholder yield. The company has also executed significant share repurchases, signaling confidence in intrinsic value and future earnings.
Analyst Buy‑Side Consensus
A majority of analysts covering FITB hold “Buy” or “Strong Buy” ratings, reflecting strong market confidence in the bank’s future performance. This consensus supports the bullish outlook on the stock.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
FITB Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$49.67
52W Range Position
69%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$36.55
+35.9% from the low
52-Week High
$55.44
-10.4% from the high
1 Month
+3.93%
3 Month
-8.58%
YTD
+4.1%
1 Year
+35.3%
3Y CAGR
+26.7%
5Y CAGR
+3.2%
10Y CAGR
+11.1%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
FITB vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
16.1x
vs 11.4x median
+41% above peer median
Revenue Growth
+2.0%
vs -7.9% median
+125% above peer median
Net Margin
—
vs — median
Peer median unavailable
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
FIT FITB Fifth Third Bancorp | $33.3B | 16.1x | +2.0% | — | Buy | +13.8% |
RF RF Regions Financial Corporation | $24.3B | 10.7x | -7.9% | — | Hold | +10.1% |
HBA HBAN Huntington Bancshares Incorporated | $25.6B | 11.1x | -1.5% | — | Buy | +25.9% |
KEY KEY KeyCorp | $23.9B | 11.9x | +1.2% | — | Buy | +6.6% |
CFG CFG Citizens Financial Group, Inc. | $27.7B | 12.4x | -9.7% | — | Buy | +12.8% |
MTB MTB M&T Bank Corporation | $32.7B | 11.4x | -8.1% | — | Hold | +11.6% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
FITB Dividend and Capital Return
FITB returns 5.3% total yield, led by a 3.44% dividend, raised 15 consecutive years. Buybacks add another 1.9%.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
5.3%
Dividend + buyback return per year
Buyback Yield
1.9%
Dividend Yield
3.44%
Payout Ratio
50.8%
How FITB Splits Its Return
Div 3.44%
Buyback 1.9%
Dividend 3.44%Buybacks 1.9%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$1.71
Growth Streak
Consecutive years of dividend increases
15Y
3Y Div CAGR
6.9%
5Y Div CAGR
7.4%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$625M
Estimated Shares Retired
13M
Approx. Share Reduction
1.8%
Shares Outstanding
Current diluted share count from the screening snapshot
687M
At 1.8%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $0.40 | — | — | — |
| 2025 | $1.54 | +6.9% | — | — |
| 2024 | $1.44 | +5.9% | 2.2% | 6.2% |
| 2023 | $1.36 | +7.9% | 0.8% | 5.3% |
| 2022 | $1.26 | +10.5% | 0.4% | 4.5% |
FAQ
7 questionsFITB Investor Questions
Common questions answered from live analyst data and company financials.
01Is Fifth Third Bancorp (FITB) stock a buy or sell in 2026?
Fifth Third Bancorp (FITB) is rated Buy by Wall Street analysts as of 2026. Of 51 analysts covering the stock, 27 rate it Buy or Strong Buy, 22 rate it Hold, and 2 rate it Sell or Strong Sell. The consensus 12-month price target is $57, implying +13.8% from the current price of $50. The bear case scenario is $48 and the bull case is $171.
02What is the FITB stock price target for 2026?
The Wall Street consensus price target for FITB is $57 based on 51 analyst estimates. The high-end target is $63 (+26.8% from today), and the low-end target is $50 (+0.7%). The base case model target is $73.
03Is Fifth Third Bancorp (FITB) stock overvalued in 2026?
FITB trades at 16.1x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals overvalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Fifth Third Bancorp (FITB) stock in 2026?
The primary risks for FITB in 2026 are: (1) Credit Deterioration — A weakening U. (2) Capital Adequacy — FITB must maintain capital ratios per regulatory rules; failure to meet these could trigger restrictions or enforcement actions, limiting growth and increasing costs. (3) Category III Transition — Post‑Comerica acquisition, FITB will transition to a Category III institution, subjecting it to more stringent regulatory requirements and oversight. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Fifth Third Bancorp's revenue and earnings forecast?
Analyst consensus estimates FITB will report consensus revenue of $13.3B (+2.0% year-over-year) and EPS of $3.66 (+1.8% year-over-year) for the upcoming fiscal year. The following year, analysts project $14.3B in revenue.
06When does Fifth Third Bancorp (FITB) report its next earnings?
A confirmed upcoming earnings date for FITB is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Fifth Third Bancorp generate?
Fifth Third Bancorp (FITB) generated $3.4B in free cash flow over the trailing twelve months. FITB returns capital to shareholders through dividends (3.4% yield) and share repurchases ($625M TTM).