Home Sectors Financial Services Current Trend: Fifth Third Bancorp (NASDAQ: FITB)

Current Trend: Fifth Third Bancorp (NASDAQ: FITB)


Fifth Third Bancorp is in the banking industry and is part of the financial services sector. The company CEO is Greg D. Carmichael. Fifth Third Bancorp provides banking products and services. The company offers checking, savings and money market accounts and credit products. Its segments are Commercial Banking, Branch Banking, Consumer Lending and Wealth and Asset Management.

Previous Intraday Trading Performance:

The FITB stock showed a previous change of 2.56% with an open at 27.40 and a close of 27.66. It reached an intraday high of 27.96 and a low of 27.17.

SeekingAlpha:  Bank stocks surge amid healthy Q1 earnings


The stock has a market cap of $21.3b with 771.1m shares outstanding, of which the float is 762.9m shares. Trading volume reached 9,033,155 shares compared to its average volume of 10,632,801 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Fifth Third Bancorp shares returned 2.94% and in the past 30 trading days it returned 1.96%. Over three months, it changed 9.61%. In one year it has changed -9.41% and within that year its 52-week high was 34.67 and its 52-week low was 22.12. FITB stock is 25.05% above its 52 Week Low.

Our calculations show a 200 day moving average of 27.03 and a 50 day moving average of 26.69. Currently FITB stock is trading 2.34% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Bank stocks surge amid healthy Q1 earnings


The last annual fiscal EPS for the company was reported at 3.06 that ended on 31st of December 2018, which according to the previous close, that is a PE of 9.04. Based on 11 analyst estimates, the consensus EPS for the next quarter is 0.60. The TTM EPS is 2.53, which comes to a TTM PE of 10.93. Historically, the PE high was 16.50 and the PE low was 6.90. If the stock reached its PE low, that would represent a price of 17.46, which is a decrease of -36.87%.

The dividend per share is currently 0.88, which is a dividend yield of 3.18%. Also, the payout ratio is 34.78%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 39.48, which means it is possibly undervalued and has a margin of safety of 29.94%

Indicators to Watch:

Based on the latest filings, there is 1.20% of insider ownership and 109.40% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.33

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 14.07%, return on assets is 1.45%, profit margin is 26.46%, price-to-sales is 3.70 and price-to-book is 1.43.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 2  :Past Performance Score
 6  :Financial Strength Score
 0  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.