Fifth Third Bancorp (FITB) Stock Forecast, Price Target & Predictions
FITB Stock Forecast
Fifth Third Bancorp stock forecast is as follows: an average price target of $39.93 (represents a -13.78% downside from FITB’s last price of $46.31) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
FITB Price Target
The average price target for Fifth Third Bancorp (FITB) is $39.93 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $48.00 to $3.00. This represents a potential -13.78% downside from FITB's last price of $46.31.
FITB Analyst Ratings
According to 17 Wall Street analysts, Fifth Third Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for FITB stock is 0 'Strong Buy' (0.00%), 9 'Buy' (52.94%), 8 'Hold' (47.06%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Fifth Third Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 21, 2024 | Peter Winter | D.A. Davidson | $46.00 | $43.37 | 6.06% | -0.67% |
| Oct 21, 2024 | Keith Horowitz | Citigroup | $43.00 | $44.67 | -3.74% | -7.15% |
| Oct 03, 2024 | Scott Siefers | Piper Sandler | $48.00 | $41.77 | 14.93% | 3.65% |
| Sep 11, 2024 | Terry McEvoy | Stephens | $42.00 | $39.80 | 5.53% | -9.31% |
| Sep 03, 2024 | Scott Siefers | Piper Sandler | $45.00 | $42.34 | 6.27% | -2.83% |
| Jul 22, 2024 | Stephen Biggar | Argus Research | $46.00 | $40.41 | 13.82% | -0.67% |
| Jul 22, 2024 | Gerard Cassidy | RBC Capital | $43.00 | $40.99 | 4.90% | -7.15% |
| Jul 22, 2024 | Peter Winter | D.A. Davidson | $42.00 | $40.99 | 2.46% | -9.31% |
| Jun 12, 2024 | Mike Mayo | Wells Fargo | $42.00 | $35.28 | 19.05% | -9.31% |
| May 31, 2024 | Bill Carcache | Wolfe Research | $43.00 | $36.75 | 17.01% | -7.15% |
The latest Fifth Third Bancorp stock forecast, released on Oct 21, 2024 by Peter Winter from D.A. Davidson, set a price target of $46.00, which represents a 6.06% increase from the stock price at the time of the forecast ($43.37), and a -0.67% decrease from FITB last price ($46.31).
Fifth Third Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 5 | 15 |
| Avg Price Target | $44.50 | $44.80 | $39.07 |
| Last Closing Price | $46.31 | $46.31 | $46.31 |
| Upside/Downside | -3.91% | -3.26% | -15.63% |
In the current month, the average price target of Fifth Third Bancorp stock is $44.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -3.91% decrease as opposed to Fifth Third Bancorp's last price of $46.31. This month's average price target is down -0.67% compared to last quarter, and up 13.90% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 03, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 30, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 11, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Sep 03, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 22, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jul 22, 2024 | KBW | Market Perform | Market Perform | Hold |
| Jul 22, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 22, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jul 21, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Fifth Third Bancorp's last stock rating was published by Citigroup on Oct 21, 2024. The company gave FITB a "Neutral" rating, the same as its previous rate.
Fifth Third Bancorp Financial Forecast
Fifth Third Bancorp Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $3.39B | $2.13B | $2.16B | $2.21B | $2.22B | $2.15B | $2.00B | $1.86B | $2.32B | $1.95B | $1.93B | $1.90B | $1.94B | $1.86B | $1.82B | $1.87B | $2.23B | $1.95B |
| Avg Forecast | $2.38B | $2.35B | $2.31B | $2.27B | $2.31B | $2.27B | $2.23B | $2.18B | $2.21B | $2.16B | $2.11B | $2.09B | $2.16B | $2.15B | $2.19B | $2.23B | $2.33B | $2.21B | $2.07B | $1.94B | $2.02B | $1.99B | $1.94B | $1.90B | $1.92B | $1.86B | $1.84B | $1.89B | $2.01B | $1.94B |
| High Forecast | $2.41B | $2.37B | $2.34B | $2.30B | $2.34B | $2.30B | $2.25B | $2.22B | $2.22B | $2.17B | $2.11B | $2.09B | $2.17B | $2.18B | $2.21B | $2.25B | $2.36B | $2.21B | $2.07B | $1.94B | $2.02B | $1.99B | $1.94B | $1.90B | $1.92B | $1.86B | $1.84B | $1.89B | $2.01B | $1.94B |
| Low Forecast | $2.36B | $2.32B | $2.29B | $2.25B | $2.29B | $2.25B | $2.21B | $2.17B | $2.20B | $2.16B | $2.11B | $2.09B | $2.15B | $2.13B | $2.17B | $2.21B | $2.31B | $2.21B | $2.07B | $1.94B | $2.02B | $1.99B | $1.94B | $1.90B | $1.92B | $1.86B | $1.84B | $1.89B | $2.01B | $1.94B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 7 | 3 | 9 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.57% | 0.99% | 0.99% | 0.99% | 0.95% | 0.97% | 0.96% | 0.96% | 1.15% | 0.98% | 0.99% | 0.99% | 1.01% | 1.00% | 0.99% | 0.99% | 1.11% | 1.00% |
Fifth Third Bancorp's average Quarter revenue forecast for Mar 24 based on 9 analysts is $2.09B, with a low forecast of $2.09B, and a high forecast of $2.09B. FITB's average Quarter revenue forecast represents a -38.49% decrease compared to the company's last Quarter revenue of $3.39B (Dec 23).
Fifth Third Bancorp EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 7 | 3 | 9 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $846.00M | $775.00M | $1.39B | $1.52B | $1.21B | $958.00M | $815.00M | $905.00M | $1.13B | $1.15B | $1.13B | $1.01B | $1.03B | $560.00M | $474.00M | $1.46B | $1.16B |
| Avg Forecast | $1.00B | $984.49M | $969.56M | $952.46M | $971.16M | $953.70M | $935.47M | $916.64M | $926.29M | $907.92M | $885.61M | $1.32B | $905.22M | $903.83M | $918.97M | $1.05B | $995.50M | $807.99M | $759.12M | $826.81M | $739.70M | $727.95M | $710.66M | $737.61M | $702.38M | $680.82M | $674.53M | $801.49M | $734.89M | $711.65M |
| High Forecast | $1.01B | $995.46M | $980.37M | $963.07M | $981.99M | $964.33M | $945.90M | $933.46M | $930.48M | $911.03M | $885.61M | $1.59B | $909.43M | $913.90M | $929.22M | $1.26B | $1.19B | $807.99M | $759.12M | $992.17M | $739.70M | $727.95M | $710.66M | $885.13M | $702.38M | $680.82M | $674.53M | $961.79M | $734.89M | $711.65M |
| Low Forecast | $990.09M | $974.71M | $959.93M | $942.99M | $961.51M | $944.23M | $926.18M | $912.44M | $922.10M | $904.81M | $885.61M | $1.06B | $901.01M | $894.85M | $909.84M | $836.73M | $796.40M | $807.99M | $759.12M | $661.45M | $739.70M | $727.95M | $710.66M | $590.09M | $702.38M | $680.82M | $674.53M | $641.19M | $734.89M | $711.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.84% | 1.33% | 1.53% | 1.50% | 1.26% | 0.99% | 1.22% | 1.55% | 1.61% | 1.53% | 1.44% | 1.52% | 0.83% | 0.59% | 1.98% | 1.63% |
10 analysts predict FITB's average Quarter EBITDA for Dec 23 to be $905.22M, with a high of $909.43M and a low of $901.01M. This is 7.00% upper than Fifth Third Bancorp's previous annual EBITDA (Sep 23) of $846.00M.
Fifth Third Bancorp Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 7 | 3 | 9 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $530.00M | $660.00M | $601.00M | $558.00M | $737.00M | $653.00M | $562.00M | $494.00M | $663.00M | $704.00M | $709.00M | $694.00M | $604.00M | $581.00M | $195.00M | $46.00M | $734.00M | $549.00M |
| Avg Forecast | $745.37M | $712.68M | $686.64M | $607.84M | $688.72M | $653.31M | $628.60M | $530.50M | $601.90M | $568.59M | $581.56M | $801.97M | $525.04M | $565.63M | $568.54M | $633.97M | $729.30M | $673.27M | $603.00M | $501.16M | $623.70M | $629.75M | $562.69M | $452.61M | $472.48M | $412.87M | $135.69M | $77.78M | $496.34M | $485.44M |
| High Forecast | $756.17M | $723.01M | $696.59M | $616.65M | $698.70M | $662.77M | $637.70M | $620.06M | $622.42M | $569.51M | $581.69M | $962.36M | $548.38M | $573.83M | $576.78M | $760.76M | $875.16M | $673.27M | $603.00M | $601.39M | $623.70M | $629.75M | $562.69M | $543.13M | $472.48M | $412.87M | $135.69M | $93.34M | $496.34M | $485.44M |
| Low Forecast | $735.74M | $703.48M | $677.77M | $600.00M | $679.83M | $644.87M | $620.48M | $489.16M | $567.71M | $567.66M | $581.43M | $641.57M | $507.54M | $558.32M | $561.20M | $507.17M | $583.44M | $673.27M | $603.00M | $400.93M | $623.70M | $629.75M | $562.69M | $362.09M | $472.48M | $412.87M | $135.69M | $62.23M | $496.34M | $485.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.17% | 1.06% | 0.88% | 1.01% | 0.97% | 0.93% | 0.99% | 1.06% | 1.12% | 1.26% | 1.53% | 1.28% | 1.41% | 1.44% | 0.59% | 1.48% | 1.13% |
Fifth Third Bancorp's average Quarter net income forecast for Mar 24 is $801.97M, with a range of $641.57M to $962.36M. FITB's average Quarter net income forecast represents a 51.31% increase compared to the company's last Quarter net income of $530.00M (Dec 23).
Fifth Third Bancorp SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 7 | 3 | 9 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $693.00M | $712.00M | $820.00M | $722.00M | $673.00M | $643.00M | $767.00M | $763.00M | $728.00M | $730.00M | $800.00M | $787.00M | $740.00M | $712.00M | $748.00M | $686.00M | $695.00M |
| Avg Forecast | $876.11M | $862.50M | $849.42M | $834.43M | $850.82M | $835.52M | $819.56M | $803.06M | $811.51M | $795.42M | $775.87M | $1.30B | $793.05M | $791.83M | $805.10M | $1.02B | $839.30M | $716.66M | $673.31M | $809.57M | $656.09M | $645.67M | $630.33M | $521.74M | $622.98M | $603.86M | $598.29M | $1.26B | $651.82M | $631.20M |
| High Forecast | $885.87M | $872.11M | $858.89M | $843.73M | $860.30M | $844.84M | $828.69M | $817.79M | $815.18M | $798.14M | $775.87M | $1.55B | $796.74M | $800.66M | $814.07M | $1.23B | $1.01B | $716.66M | $673.31M | $971.48M | $656.09M | $645.67M | $630.33M | $626.09M | $622.98M | $603.86M | $598.29M | $1.52B | $651.82M | $631.20M |
| Low Forecast | $867.40M | $853.93M | $840.98M | $826.14M | $842.37M | $827.22M | $811.41M | $799.37M | $807.84M | $792.69M | $775.87M | $1.04B | $789.36M | $783.96M | $797.10M | $819.28M | $671.44M | $716.66M | $673.31M | $647.65M | $656.09M | $645.67M | $630.33M | $417.39M | $622.98M | $603.86M | $598.29M | $1.01B | $651.82M | $631.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.88% | 0.80% | 0.86% | 0.94% | 0.95% | 0.95% | 1.16% | 1.13% | 1.16% | 1.53% | 1.26% | 1.23% | 1.19% | 0.59% | 1.05% | 1.10% |
Fifth Third Bancorp's average Quarter SG&A projection for Dec 23 is $793.05M, based on 10 Wall Street analysts, with a range of $789.36M to $796.74M. The forecast indicates a 14.44% rise compared to FITB last annual SG&A of $693.00M (Sep 23).
Fifth Third Bancorp EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 7 | 3 | 9 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.77 | $0.91 | $0.82 | $0.78 | $1.01 | $0.91 | $0.76 | $0.69 | $0.96 | $0.98 | $0.95 | $0.94 | $0.79 | $0.78 | $0.23 | $0.04 | $0.97 | $0.72 |
| Avg Forecast | $1.09 | $1.04 | $1.00 | $0.89 | $1.00 | $0.95 | $0.92 | $0.77 | $0.88 | $0.83 | $0.85 | $0.68 | $0.77 | $0.82 | $0.83 | $0.79 | $0.99 | $0.97 | $0.87 | $0.69 | $0.90 | $0.91 | $0.81 | $0.69 | $0.68 | $0.60 | $0.20 | $0.34 | $0.72 | $0.70 |
| High Forecast | $1.10 | $1.05 | $1.02 | $0.90 | $1.02 | $0.97 | $0.93 | $0.90 | $0.91 | $0.83 | $0.85 | $0.68 | $0.80 | $0.84 | $0.84 | $0.80 | $1.01 | $0.97 | $0.87 | $0.69 | $0.90 | $0.91 | $0.81 | $0.69 | $0.68 | $0.60 | $0.20 | $0.34 | $0.72 | $0.70 |
| Low Forecast | $1.07 | $1.03 | $0.99 | $0.87 | $0.99 | $0.94 | $0.90 | $0.71 | $0.83 | $0.83 | $0.85 | $0.68 | $0.74 | $0.81 | $0.82 | $0.78 | $0.98 | $0.97 | $0.87 | $0.69 | $0.90 | $0.91 | $0.81 | $0.69 | $0.68 | $0.60 | $0.20 | $0.34 | $0.72 | $0.70 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.10% | 0.99% | 0.98% | 1.02% | 0.93% | 0.87% | 0.99% | 1.06% | 1.08% | 1.17% | 1.36% | 1.16% | 1.31% | 1.17% | 0.12% | 1.35% | 1.02% |
According to 9 Wall Street analysts, Fifth Third Bancorp's projected average Quarter EPS for Mar 24 is $0.68, with a low estimate of $0.68 and a high estimate of $0.68. This represents a -11.51% decrease compared to FITB previous annual EPS of $0.77 (Dec 23).
Fifth Third Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TFC | Truist Financial | $46.18 | $53.53 | 15.92% | Buy |
| USB | U.S. Bancorp | $50.74 | $55.07 | 8.53% | Buy |
| WAL | Western Alliance Ban | $89.17 | $92.00 | 3.17% | Buy |
| CMA | Comerica | $67.88 | $69.69 | 2.67% | Buy |
| CFG | Citizens Financial Group | $46.12 | $46.78 | 1.43% | Hold |
| ZION | Zions Bancorporation, National Association | $58.66 | $58.52 | -0.24% | Hold |
| KEY | KeyCorp | $19.02 | $18.74 | -1.47% | Buy |
| FHN | First Horizon | $19.87 | $19.10 | -3.88% | Buy |
| RF | Regions Financial | $26.26 | $25.04 | -4.65% | Buy |
| HBAN | Huntington Bancshares | $17.47 | $16.40 | -6.12% | Buy |
| MTB | M&T Bank | $213.52 | $198.71 | -6.94% | Buy |
| FITB | Fifth Third Bancorp | $46.31 | $39.93 | -13.78% | Buy |
| NYCB | New York Community Bancorp | $10.55 | $8.38 | -20.57% | Hold |