Fifth Third Bancorp
NasdaqGS-FITB
Company Overview
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.
Name
Fifth Third Bancorp
CEO
Mr. Timothy N. Spence
Website
www.53.com
Sector
Banks
Year Founded
1858
Profile
Market Cap
$28.13B
EV
—
Shares Out
676.08M
Revenue
$8,125M
Employees
18,607
Margins
Gross
—
EBITDA
—
Operating
—
Pre-Tax
35.93%
Net
28.46%
FCF
41.53%
Returns (5Yr Avg)
ROA
1.16%
ROTA
12.26%
ROE
11.37%
ROCE
—
ROIC
1.19%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$43.5
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
—
Net Debt
$16.92B
Debt/Equity
—
EBIT/Interest
—
Growth (CAGR)
Rev 3Yr
0.09%
Rev 5Yr
2.95%
Rev 10Yr
—
Dil EPS 3Yr
-2.89%
Dil EPS 5Yr
1.42%
Dil EPS 10Yr
6.06%
Rev Fwd 2Yr
1.49%
EBITDA Fwd 2Yr
—
EPS Fwd 2Yr
-0.43%
EPS LT Growth Est
12.44%
Dividends
Yield
—
Payout
44.5%
DPS
$1.4
DPS Growth 3Yr
9.04%
DPS Growth 5Yr
10.24%
DPS Growth 10Yr
11.07%
DPS Growth Fwd 2Yr
4.91%