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Deutsche Bank has revised its price target for Fifth Third Bancorp from $49 to $40. The banking group operates primarily in retail banking (59.3% of net interest income), commercial banking (37.7%), and investment services (3%), with a network of 1,089 banking centers across the U.S. As of the end of 2024, it reported USD 167.2 billion in current deposits and USD 117.6 billion in current loans.
EVP Kevin P. Lavender sold 21,700 shares of Fifth Third Bancorp at $43.55 each, totaling $945,035, reducing his holdings by 14.22% to 130,856 shares valued at $5.7 million. Institutional investors own 83.79% of the stock, with Barclays lowering its price target to $51.00, indicating a potential upside of 53.59%.
Truist analyst Brian Foran has lowered the price target for Fifth Third Bancorp (FITB) from $52 to $44 due to economic uncertainties affecting financial metrics. Earnings per share projections for 2025 and 2026 have also been revised down to $3.50 and $4.15, respectively, amid challenges like fee volatility and potential recession risks. Despite these adjustments, Truist maintains a Buy rating, highlighting the bank's strategic expansion and diversified services as competitive advantages.
Goldman Sachs has lowered its price target for Fifth Third Bancorp from $50 to $46 while maintaining a Buy rating. The banking group operates primarily in retail banking, commercial banking, and investment services, with significant current deposits of USD 167.2 billion and loans of USD 117.6 billion as of the end of 2024, supported by a network of 1,089 banking centers across the U.S.
DA Davidson has lowered its price target for Fifth Third Bancorp to $42 from $45 while maintaining a Neutral rating, reflecting a cautious economic outlook. The bank has reduced its fee income guidance and increased reserves by $100 million in anticipation of economic challenges, despite achieving a slight earnings beat in Q1 2025. Analysts expect a 5-6% rise in net interest income for the year, alongside plans for a $400-500 million stock repurchase in the latter half of 2025.
DA Davidson analyst Peter Winter has lowered the price target for Fifth Third Bancorp (NASDAQ: FITB) from $45.00 to $42.00. This adjustment reflects the latest assessment of the bank's market position and performance.
Wells Fargo analyst Mike Mayo has lowered the price target for Fifth Third Bancorp (FITB) from $50 to $48 while maintaining an Overweight rating, following the bank's strong first-quarter earnings. Despite reduced projections for fee-related revenues, Fifth Third expects record net interest income by 2025. Analysts' average target price stands at $46.32, indicating a potential upside of 35.65% from the current price of $34.15, with a consensus recommendation of "Outperform."
Wells Fargo has lowered its price target for Fifth Third from $50 to $48. This adjustment reflects the latest analysis and market conditions impacting the financial institution.
PL Capital Advisors LLC significantly increased its stake in Fifth Third Bancorp by 4,128% in Q4, now holding 1.86 million shares valued at $78.65 million. Other institutional investors, including Jupiter Asset Management and First Trust Advisors, also expanded their positions, with 83.79% of the stock owned by such entities. Analysts have mixed ratings on the stock, with a lowered price target from JPMorgan Chase to $42, while the average target stands at $47.65.
COO James C. Leonard sold 17,200 shares of Fifth Third Bancorp at $44.26 each, totaling $761,272, reducing his ownership by 6.57% to 244,487 shares valued at approximately $10.8 million. The firm declared a quarterly dividend of $0.37 per share, payable on April 15, with a yield of 3.74%. Analysts have mixed ratings on the stock, with a consensus "Hold" and a target price of $47.50.
Fifth Third Bancorp
Companies
| Symbol | FITB |
| Name | Fifth Third Bancorp |
| Currency | USD |
| Sector | Financials |
| IndustryGroup | Banks |
| Industry | Banks |
| Market | NASDAQ Global Select |
| Country | United States |
| State | OH |
| City | Cincinnati |
| Zipcode | 45263 |
| Website | http://www.53.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Deutsche Bank lowers price target for Fifth Third Bancorp to forty dollars
14:32 24.04.2025
fifth third bancorp executives sell shares as institutional investors increase stakes
17:15 23.04.2025
Truist lowers Fifth Third Bancorp price target amid economic uncertainties
18:16 21.04.2025
Goldman Sachs lowers Fifth Third Bancorp price target while maintaining buy rating
13:15 21.04.2025
DA Davidson lowers Fifth Third Bancorp price target amid cautious economic outlook
12:38 21.04.2025
DA Davidson lowers Fifth Third Bancorp price target to 42 dollars
11:46 21.04.2025
Wells Fargo Lowers Fifth Third Bancorp Price Target but Maintains Overweight Rating
19:15 20.04.2025
fifth third price target reduced to forty eight dollars by wells fargo
18:50 20.04.2025
institutional investors significantly increase stakes in fifth third bancorp
Raymond James Financial Inc
Fifth Third Bancorp
JPMorgan Chase & Co.
USA
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14:49 05.04.2025
fifth third bancorp insider stock sales and dividend announcement update
13:54 05.04.2025
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