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Fifth Third Bancorp — Intrinsic Value & Fair Price

FITB
NYSEFinancial ServicesBanks - RegionalCIK 000003552753.comAbout FITB
Last close · Oct 16, 202650.37+0.02 (+0.04%)
Market cap$45.7B
Model value · P/TBV · justified
26.76
Fifth Third Bancorp closed at $50.37 — overvalued by 88% vs model.
23.42the model's range31.23

P/TBV · justified leads for a bank. From the justified price to tangible book.

Other models
39.59 – 54.20
Wall St. target
63.00 20% below
Above model, 1y
20 of 20 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
3.22%
Past 2 years
low 2.69%high 4.38%
Dividends per share, a year at a time
$1.11Sep ’21$1.23Sep ’22$1.34Sep ’23$1.42Sep ’24$1.51Sep ’25$1.62TTM
Dividends / earnings, FY2025
46.1%
Raised
15 years in a row
Growth, 5 yrs
7.9% a year
Last change
+5.0% · Sep 2026
Every payment, with ex-dates · latest $0.42, paid Oct 15, 2026

Research on FITB

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How it is valued

Valued asBank
Revenue declining (~-2% recent)High profitability (407% net margin)Pays dividendsHighly cyclical earningsStrong FCF yield (8.8%)
What growth the price implies: the reverse DCF

Key figures

FY2025 · chosen for banks
Price / tangible book
2.0×
Price / book
1.5×
Return on equity
11.6%
P/E
14.3×
Dividend yield, TTM
3.22%
Payout ratio
46.1%
Full financials

Analyst actions

third-party, quoted
10-05UBS · target63.00
09-23Truist Financial · target63.00
09-22Citigroup · “Buy” from “Neutral”upgrade
07-20D.A. Davidson · target65.00
Ratings, targets and estimates

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just FITB. No account.

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.

CEO
Timothy N. Spence
Headquarters
Cincinnati, OH
Employees
25,197
IPO
1980-03-17
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.