| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Throughout the last three months, 9 analysts have evaluated Fifth Third Bancorp (NASDAQ:FITB), offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 1 | 2 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $39.89, a high estimate of $43.00, and a low estimate of $36.00. This current average reflects an increase of 10.81% from the previous average price target of $36.00.
An in-depth analysis of recent analyst actions unveils how financial experts perceive Fifth Third Bancorp. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Whit Mayo | Wells Fargo | Raises | Overweight | $41.00 | $39.00 |
| John Pancari | Evercore ISI Group | Raises | In-Line | $40.00 | $37.00 |
| Terry McEvoy | Stephens & Co. | Announces | Equal-Weight | $41.00 | - |
| Scott Siefers | Piper Sandler | Raises | Overweight | $41.00 | $38.00 |
| Manan Gosalia | Morgan Stanley | Raises | Equal-Weight | $36.00 | $29.00 |
| Erika Najarian | UBS | Raises | Buy | $42.00 | $40.00 |
| Gerard Cassidy | RBC Capital | Raises | Outperform | $38.00 | $35.00 |
| David Konrad | Keefe, Bruyette & Woods | Announces | Market Perform | $37.00 | - |
| Jason Goldberg | Barclays | Raises | Overweight | $43.00 | $34.00 |
For valuable insights into Fifth Third Bancorp's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Fifth Third Bancorp analyst ratings.
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking branches and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Negative Revenue Trend: Examining Fifth Third Bancorp's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -7.97% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Fifth Third Bancorp's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 23.46% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Fifth Third Bancorp's ROE excels beyond industry benchmarks, reaching 3.13%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Fifth Third Bancorp's ROA stands out, surpassing industry averages. With an impressive ROA of 0.23%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.11.
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: FITB
