Fifth Third Bancorp (FITB) Stock

About Fifth Third Bancorp

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that provides a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The 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 Consumer and Small Banking segment engages in the provision of a range of deposit and loan products to individuals and small businesses; residential mortgage activities, including the origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and associated hedging activities; home equity loans and lines of credit, credit cards, automobile and other indirect lending, and other consumer lending services; and home improvement and solar energy installation loans through contractors and installers. The Wealth and Asset Management segment provides various wealth management services, such as wealth planning, investment management, banking, insurance, trust, and estate services for for individuals, companies, and not-for-profit organizations; retail brokerage services for individual clients; and advisory services for institutional clients. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.

Fifth Third Bancorp is led by CEO Timothy N. Spence, employs 18,786 people, headquartered in Cincinnati, US, publicly traded since 1980.

Fifth Third Bancorp (FITB) stock trades at $56.57 with a market capitalization of $51.27B. The stock is valued at a price-to-earnings (P/E) ratio of 16.61, price-to-book of 1.63, price-to-sales of 2.58. Over the past 52 weeks the stock has ranged between $39.09 and $59.42, and currently trades 4.8% below its 52-week high. It pays a dividend yielding 3.15%.

On profitability, Fifth Third Bancorp generates a return on equity (ROE) of 7.97%, return on capital employed of 14.78%, an operating margin of 24.95%, a net profit margin of 15.91%.

In its most recent fiscal year, Fifth Third Bancorp reported annual revenue of $12.9B, net profit of $2.5B, revenue has compounded at 9.9% a year over the last five years, profit at 12.1% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.59, a current ratio of 0.82, total assets of $214.4B, $3.5B in cash and equivalents.

FITB has an average daily trading volume of 6,740,236 shares, a beta of 0.95.

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