Fifth Third Bancorp (FITB) Stock Forecast, Price Target & Predictions


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FITB Stock Forecast


Fifth Third Bancorp stock forecast is as follows: an average price target of $38.67 (represents a -8.08% downside from FITB’s last price of $42.07) 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 $38.67 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $47.00 to $3.00. This represents a potential -8.08% downside from FITB's last price of $42.07.

FITB Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 11, 2024Terry McEvoyStephens$42.00$39.805.53%-0.17%
Sep 03, 2024Scott SiefersPiper Sandler$45.00$42.346.27%6.96%
Jul 22, 2024Stephen BiggarArgus Research$46.00$40.4113.82%9.34%
Jul 22, 2024Gerard CassidyRBC Capital$43.00$40.994.90%2.21%
Jul 22, 2024Peter WinterD.A. Davidson$42.00$40.992.46%-0.17%
Jun 12, 2024Mike MayoWells Fargo$42.00$35.2819.05%-0.17%
May 31, 2024Bill CarcacheWolfe Research$43.00$36.7517.01%2.21%
Apr 04, 2024Erika NajarianUBS$39.00$36.058.18%-7.30%
Apr 01, 2024David GeorgeRobert W. Baird$32.00$37.21-14.00%-23.94%
Mar 19, 2024Terry McEvoyStephens$41.00$35.4315.72%-2.54%
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The latest Fifth Third Bancorp stock forecast, released on Sep 11, 2024 by Terry McEvoy from Stephens, set a price target of $42.00, which represents a 5.53% increase from the stock price at the time of the forecast ($39.80), and a -0.17% decrease from FITB last price ($42.07).

Fifth Third Bancorp Price Target by Period


1M3M12M
# Anlaysts2512
Avg Price Target$43.50$43.60$37.42
Last Closing Price$42.07$42.07$42.07
Upside/Downside3.40%3.64%-11.05%

In the current month, the average price target of Fifth Third Bancorp stock is $43.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 3.40% increase as opposed to Fifth Third Bancorp's last price of $42.07. This month's average price target is down -0.23% compared to last quarter, and up 16.25% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 11, 2024StephensEqual-WeightEqual-WeightHold
Sep 03, 2024Piper SandlerOverweightOverweightHold
Jul 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Jul 22, 2024KBWMarket PerformMarket PerformHold
Jul 22, 2024RBC CapitalOutperformOutperformHold
Jul 22, 2024Bank of America SecuritiesBuyBuyHold
Jul 21, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 03, 2024JefferiesBuyBuyHold
Jun 25, 2024Wolfe ResearchMarket PerformMarket PerformHold
Jun 12, 2024Wells FargoOverweightOverweightHold
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Fifth Third Bancorp's last stock rating was published by Stephens on Sep 11, 2024. The company gave FITB a "Equal-Weight" rating, the same as its previous rate.

Fifth Third Bancorp Financial Forecast


Fifth Third Bancorp Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$3.39B$2.13B$2.16B$2.21B$2.22B$2.15B-$1.86B$2.32B$1.95B$1.93B$1.90B$1.94B$1.86B$1.82B$1.87B$2.23B$1.95B
Avg Forecast$4.63B$4.49B$4.35B$4.21B$2.31B$2.26B$2.22B$2.18B$2.21B$2.15B$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$4.69B$4.54B$4.39B$4.26B$2.34B$2.29B$2.25B$2.20B$2.23B$2.18B$2.13B$2.11B$2.17B$2.18B$2.22B$2.25B$2.36B$2.23B$2.07B$1.96B$2.04B$2.01B$1.96B$1.92B$1.94B$1.88B$1.86B$1.91B$2.03B$1.96B
Low Forecast$4.60B$4.45B$4.31B$4.18B$2.29B$2.25B$2.21B$2.16B$2.19B$2.14B$2.10B$2.07B$2.15B$2.14B$2.17B$2.21B$2.32B$2.19B$2.07B$1.92B$2.00B$1.97B$1.92B$1.89B$1.90B$1.84B$1.83B$1.87B$1.99B$1.93B
# Analysts99998888910991099988445554474435
Surprise %------------1.57%0.99%0.99%0.99%0.95%0.97%-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 $2.07B, and a high forecast of $2.11B. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910991099988445554474435
EBITDA-------------$846.00M$775.00M$1.39B$1.52B$1.21B-$815.00M$905.00M$1.13B$1.15B$1.13B$1.01B$1.03B$560.00M$474.00M$1.46B$1.16B
Avg Forecast$1.70B$1.64B$1.59B$1.54B$846.17M$828.63M$813.95M$797.13M$808.76M$788.42M$772.69M$1.32B$789.80M$788.59M$801.80M$1.05B$853.92M$1.20B$759.12M$826.81M$905.00M$1.09B$994.99M$737.61M$807.46M$722.40M$476.00M$801.49M$1.54B$1.13B
High Forecast$1.72B$1.66B$1.61B$1.56B$855.88M$838.14M$823.29M$806.28M$818.04M$797.47M$781.56M$1.59B$793.47M$797.63M$811.00M$1.26B$863.72M$1.44B$759.12M$992.17M$1.09B$1.31B$1.19B$885.13M$968.96M$866.88M$571.20M$961.79M$1.84B$1.36B
Low Forecast$1.68B$1.63B$1.58B$1.53B$840.03M$822.61M$808.03M$791.34M$802.88M$784.75M$767.08M$1.06B$786.13M$782.86M$795.98M$836.73M$847.72M$958.21M$759.12M$661.45M$724.00M$871.10M$795.99M$590.09M$645.97M$577.92M$380.80M$641.19M$1.23B$904.91M
Surprise %-------------1.07%0.97%1.33%1.78%1.01%-0.99%1.00%1.03%1.15%1.53%1.25%1.43%1.18%0.59%0.95%1.03%

10 analysts predict FITB's average Quarter EBITDA for Dec 23 to be $789.80M, with a high of $793.47M and a low of $786.13M. This is -6.64% lower than Fifth Third Bancorp's previous annual EBITDA (Sep 23) of $846.00M.

Fifth Third Bancorp Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910991099988445554474435
Net Income------------$530.00M$660.00M$601.00M$558.00M$737.00M$653.00M-$494.00M$663.00M$704.00M$709.00M$694.00M$604.00M$581.00M$195.00M$46.00M$734.00M$549.00M
Avg Forecast$754.16M$718.77M$684.62M$608.04M$680.42M$643.05M$617.14M$526.00M$612.91M$572.12M$585.78M$801.97M$528.85M$569.73M$572.66M$633.97M$686.12M$748.87M$602.61M$501.16M$663.00M$680.79M$615.04M$452.61M$481.45M$406.70M$165.75M$77.78M$774.78M$533.96M
High Forecast$765.42M$729.50M$694.84M$617.10M$690.57M$652.64M$626.34M$533.85M$622.06M$585.91M$594.51M$962.36M$552.35M$578.23M$581.20M$760.76M$696.36M$898.64M$602.61M$601.39M$795.60M$816.95M$738.04M$543.13M$577.74M$488.04M$198.90M$93.34M$929.73M$640.75M
Low Forecast$747.04M$711.99M$678.15M$602.29M$673.99M$636.98M$611.31M$521.03M$607.12M$551.44M$580.25M$641.57M$511.22M$564.35M$567.25M$507.17M$679.64M$599.10M$602.61M$400.93M$530.40M$544.63M$492.03M$362.09M$385.16M$325.36M$132.60M$62.23M$619.82M$427.17M
Surprise %------------1.00%1.16%1.05%0.88%1.07%0.87%-0.99%1.00%1.03%1.15%1.53%1.25%1.43%1.18%0.59%0.95%1.03%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910991099988445554474435
SG&A-------------$693.00M$712.00M$820.00M$722.00M$673.00M-$767.00M$763.00M$728.00M$730.00M$800.00M$787.00M$740.00M$712.00M$748.00M$686.00M$695.00M
Avg Forecast$1.50B$1.46B$1.41B$1.37B$750.52M$734.97M$721.94M$707.03M$717.34M$699.30M$685.35M$1.30B$700.52M$699.45M$711.17M$1.02B$757.40M$774.40M$673.31M$809.57M$763.00M$704.00M$633.25M$521.74M$627.32M$518.00M$605.20M$1.26B$724.11M$675.96M
High Forecast$1.52B$1.47B$1.43B$1.38B$759.14M$743.40M$730.22M$715.14M$725.57M$707.32M$693.21M$1.55B$703.78M$707.47M$719.33M$1.23B$766.09M$929.28M$673.31M$971.48M$915.60M$844.80M$759.90M$626.09M$752.78M$621.60M$726.24M$1.52B$868.93M$811.15M
Low Forecast$1.49B$1.45B$1.40B$1.36B$745.07M$729.63M$716.69M$701.89M$712.13M$696.04M$680.37M$1.04B$697.27M$694.37M$706.00M$819.28M$751.89M$619.52M$673.31M$647.65M$610.40M$563.20M$506.60M$417.39M$501.86M$414.40M$484.16M$1.01B$579.29M$540.77M
Surprise %-------------0.99%1.00%0.80%0.95%0.87%-0.95%1.00%1.03%1.15%1.53%1.25%1.43%1.18%0.59%0.95%1.03%

Fifth Third Bancorp's average Quarter SG&A projection for Dec 23 is $700.52M, based on 10 Wall Street analysts, with a range of $697.27M to $703.78M. The forecast indicates a 1.09% rise compared to FITB last annual SG&A of $693.00M (Sep 23).

Fifth Third Bancorp EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910991099988445554474435
EPS------------$0.77$0.91$0.82$0.78$1.01$0.91-$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$0.99$0.88$0.98$0.93$0.89$0.76$0.89$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$1.11$1.06$1.01$0.89$1.00$0.94$0.91$0.77$0.90$0.85$0.86$0.69$0.80$0.84$0.84$0.80$1.01$0.99$0.87$0.70$0.91$0.92$0.82$0.70$0.69$0.61$0.20$0.34$0.73$0.71
Low Forecast$1.08$1.03$0.98$0.87$0.98$0.92$0.88$0.75$0.88$0.80$0.84$0.67$0.74$0.82$0.82$0.79$0.98$0.97$0.87$0.69$0.89$0.90$0.80$0.68$0.68$0.59$0.19$0.34$0.71$0.69
Surprise %------------1.01%1.10%0.99%0.98%1.02%0.93%-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 $0.67 and a high estimate of $0.69. 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TFCTruist Financial$41.84$54.0729.23%Buy
CMAComerica$57.49$73.4227.71%Buy
ZIONZions Bancorporation, National Association$46.49$58.0024.76%Hold
USBU.S. Bancorp$44.62$54.9823.22%Buy
KEYKeyCorp$16.09$19.6322.00%Buy
CFGCitizens Financial Group$40.09$48.3320.55%Buy
FHNFirst Horizon$15.81$18.6117.71%Buy
HBANHuntington Bancshares$14.38$16.0411.54%Buy
RFRegions Financial$21.97$24.1910.10%Buy
MTBM&T Bank$168.88$184.699.36%Buy
WALWestern Alliance Ban$81.91$86.755.91%Buy
FITBFifth Third Bancorp$42.07$38.67-8.08%Buy
NYCBNew York Community Bancorp$10.60$8.38-20.94%Hold

FITB Forecast FAQ


Yes, according to 17 Wall Street analysts, Fifth Third Bancorp (FITB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 52.94% of FITB's total ratings.

Fifth Third Bancorp (FITB) average price target is $38.67 with a range of $3 to $47, implying a -8.08% from its last price of $42.07. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for FITB stock, the company can go down by -8.08% (from the last price of $42.07 to the average price target of $38.67), up by 11.72% based on the highest stock price target, and down by -92.87% based on the lowest stock price target.

FITB's average twelve months analyst stock price target of $38.67 does not support the claim that Fifth Third Bancorp can reach $60 in the near future.

2 Wall Street analysts forecast a $43.5 price target for Fifth Third Bancorp (FITB) this month, up 3.40% from its last price of $42.07. Compared to the last 3 and 12 months, the average price target increased by 3.64% and decreased by -11.05%, respectively.

Fifth Third Bancorp's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $8.98B (high $9.08B, low $8.91B), average EBITDA is $3.29B (high $3.32B, low $3.26B), average net income is $2.47B (high $2.5B, low $2.44B), average SG&A $2.91B (high $2.95B, low $2.89B), and average EPS is $3.57 (high $3.62, low $3.54). FITB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $17.67B (high $17.88B, low $17.54B), average EBITDA is $6.47B (high $6.54B, low $6.42B), average net income is $2.77B (high $2.81B, low $2.74B), average SG&A $5.74B (high $5.8B, low $5.7B), and average EPS is $4 (high $4.06, low $3.96).

Based on Fifth Third Bancorp's last annual report (Dec 2023), the company's revenue was $12.64B, beating the average analysts forecast of $8.73B by 44.81%. Apple's EBITDA was $0, missing the average prediction of $3.43B by -100.00%. The company's net income was $2.35B, beating the average estimation of $2.31B by 1.90%. Apple's SG&A was $0, missing the average forecast of $3.14B by -100.00%. Lastly, the company's EPS was $3.42, beating the average prediction of $3.21 by 6.50%. In terms of the last quarterly report (Dec 2023), Fifth Third Bancorp's revenue was $3.39B, beating the average analysts' forecast of $2.16B by 57.18%. The company's EBITDA was $0, missing the average prediction of $789.8M by -100.00%. Fifth Third Bancorp's net income was $530M, beating the average estimation of $528.85M by 0.22%. The company's SG&A was $0, missing the average forecast of $700.52M by -100.00%. Lastly, the company's EPS was $0.77, beating the average prediction of $0.765 by 0.62%