Fifth Third Financials
| FITB Stock | USD 34.22 0.12 0.35% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.28 | 0.1852 |
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| Return On Assets | 0.0145 | 0.0109 |
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| Return On Equity | 0.14 | 0.1225 |
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| Debt Equity Ratio | 1.32 | 1.0126 |
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| Operating Income | 11.1 B | 10.6 B |
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| Current Ratio | 0.28 | 0.2932 |
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The financial analysis of Fifth Third is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Fifth Third includes many different criteria found on its balance sheet. For example, investors should never minimize Fifth Third's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Fifth Third's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Fifth Third.
Net Income |
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With this module, you can analyze Fifth financials for your investing period. You should be able to track the changes in Fifth Third individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Fifth | Select Account or Indicator |
Understanding current and past Fifth Third Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fifth Third's financial statements are interrelated, with each one affecting the others. For example, an increase in Fifth Third's assets may result in an increase in income on the income statement.
The data published in Fifth Third's official financial statements usually reflect Fifth Third's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Fifth Third Bancorp. For example, before you start analyzing numbers published by Fifth accountants, it's critical to develop an understanding of what Fifth Third's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of Fifth Third's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fifth Third's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Fifth Third's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fifth Third Bancorp. Please utilize our Beneish M Score to check the likelihood of Fifth Third's management manipulating its earnings.
Fifth Third Stock Summary
Fifth Third competes with Home Bancorp, and Lake Shore. Fifth Third is a bank thats as long on innovation as it is on history. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ Global Select Market under the symbol FITB. Investor information and press releases can be viewed at www.53.com. Fifth Third operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 19187 people.Specialization | Financial Services, Banks - Regional |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US3167731005 |
| CUSIP | 316773100 |
| Location | Ohio; U.S.A |
| Business Address | 38 Fountain Square |
| Sector | Banks |
| Industry | Financials |
| Benchmark | NYSE Composite |
| Website | www.53.com |
| Phone | 800 972 3030 |
| Currency | USD - US Dollar |
You should never invest in Fifth Third without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fifth Stock, because this is throwing your money away. Analyzing the key information contained in Fifth Third's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fifth Third Key Financial Ratios
Generally speaking, Fifth Third's financial ratios allow both analysts and investors to convert raw data from Fifth Third's financial statements into concise, actionable information that can be used to evaluate the performance of Fifth Third over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fifth Third Bancorp reports annually and quarterly.| Return On Equity | 0.13 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.31 % |
Fifth Third Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 169.4B | 204.7B | 211.1B | 207.5B | 214.6B | 225.3B | |
| Other Current Liab | (1.0B) | (1.2B) | (980M) | (512M) | 93.1B | 97.7B | |
| Net Debt | 12.7B | 13.0B | 9.8B | 15.1B | 16.9B | 10.2B | |
| Retained Earnings | 18.3B | 18.4B | 20.2B | 21.7B | 23.0B | 24.1B | |
| Cash | 3.3B | 3.1B | 3.0B | 3.5B | 3.1B | 2.3B | |
| Other Assets | 77.6B | 48.0B | 50.3B | 66.8B | 76.8B | 56.0B | |
| Net Receivables | 3.4B | 2.9B | 3.1B | 2.7B | 5.6B | 5.9B | |
| Total Liab | 148.2B | 181.6B | 188.9B | 190.1B | 195.4B | 205.2B | |
| Total Current Assets | 44.6B | 77.0B | 78.7B | 68.7B | 29.3B | 22.5B | |
| Short Term Debt | 1.0B | 1.2B | 980M | 4.8B | 7.0B | 7.3B | |
| Other Liab | 2.4B | 3.4B | 4.3B | 1.5B | 1.4B | 2.7B | |
| Accounts Payable | 2.4B | 2.6B | 169.3B | 1.8B | 1.6B | 1.6B | |
| Long Term Debt | 15.0B | 15.0B | 11.8B | 13.7B | 16.4B | 12.7B | |
| Inventory | (8.8B) | (40.4B) | (41.8B) | (12.4B) | (2.4B) | (2.6B) | |
| Treasury Stock | (5.7B) | (5.7B) | (7.0B) | (7.1B) | (6.4B) | (6.1B) | |
| Intangible Assets | 1.2B | 795M | 1.3B | 1.9B | 1.9B | 1.0B | |
| Good Will | 4.3B | 4.3B | 4.5B | 4.9B | 4.9B | 3.0B | |
| Other Current Assets | 8.8B | 40.4B | 41.8B | 15.9B | 29.3B | 44.6B | |
| Net Tangible Assets | 15.0B | 16.6B | 15.4B | 10.1B | 11.6B | 13.6B |
Fifth Third Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Fifth Third's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.5B | 790M | 441M | 978M | 989M | 1.0B | |
| Operating Income | 3.2B | 1.8B | 3.5B | 4.1B | 10.6B | 11.1B | |
| Ebit | 3.8B | 3.2B | 1.8B | 3.5B | 4.1B | 0.0 | |
| Ebitda | 3.7B | 2.3B | 3.9B | 4.5B | 481M | 457.0M | |
| Net Income | 2.5B | 1.4B | 2.8B | 2.4B | 2.3B | 2.5B | |
| Income Tax Expense | 690M | 370M | 747M | 647M | 639M | 385.8M | |
| Total Revenue | 8.2B | 7.5B | 7.8B | 8.3B | 12.7B | 13.3B | |
| Gross Profit | 8.2B | 7.5B | 7.8B | 8.3B | 12.6B | 13.3B | |
| Income Before Tax | 3.2B | 1.8B | 3.5B | 3.1B | 3.0B | 1.6B | |
| Tax Provision | 690M | 370M | 747M | 647M | 696M | 667.7M | |
| Net Interest Income | 4.8B | 4.8B | 4.8B | 5.6B | 6.0B | 5.0B | |
| Interest Income | 6.3B | 5.6B | 5.2B | 6.6B | 9.2B | 6.2B |
Fifth Third Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Fifth Third Bancorp. It measures of how well Fifth is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Fifth Third brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Fifth had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Fifth Third has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 597M | (131M) | (153M) | 472M | (324M) | (307.8M) | |
| Free Cash Flow | 1.5B | 13M | 2.4B | 6.0B | 3.5B | 2.0B | |
| Depreciation | 472M | 492M | 349M | 436M | 481M | 309.6M | |
| Other Non Cash Items | (897M) | (1.0B) | (282M) | 3.2B | 629M | 836.4M | |
| Dividends Paid | 753M | 858M | 897M | 927M | (1.1B) | (1.0B) | |
| Capital Expenditures | 304M | 358M | 309M | 472M | 516M | 270.1M | |
| Net Income | 2.5B | 1.4B | 2.8B | 2.4B | 2.3B | 1.2B | |
| End Period Cash Flow | 3.3B | 3.1B | 3.0B | 3.5B | 3.1B | 2.2B | |
| Investments | (1.8B) | (31.5B) | (6.6B) | (3.4B) | (12.4B) | (11.8B) | |
| Net Borrowings | (1.8B) | (242M) | (3.0B) | 2.3B | 2.0B | 2.1B | |
| Change To Netincome | (322M) | (1.2B) | 125M | 3.7B | 3.3B | 3.5B |
Fifth Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fifth Third's current stock value. Our valuation model uses many indicators to compare Fifth Third value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fifth Third competition to find correlations between indicators driving Fifth Third's intrinsic value. More Info.Fifth Third Bancorp is one of the top stocks in return on equity category among related companies. It is rated # 2 in return on asset category among related companies reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fifth Third Bancorp is roughly 11.59 . At present, Fifth Third's Return On Equity is projected to increase slightly based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Fifth Third by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fifth Third's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fifth Third's earnings, one of the primary drivers of an investment's value.Fifth Third Bancorp Systematic Risk
Fifth Third's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fifth Third volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Fifth Third Bancorp correlated with the market. If Beta is less than 0 Fifth Third generally moves in the opposite direction as compared to the market. If Fifth Third Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fifth Third Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fifth Third is generally in the same direction as the market. If Beta > 1 Fifth Third moves generally in the same direction as, but more than the movement of the benchmark.
About Fifth Third Financials
What exactly are Fifth Third Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Fifth Third's income statement, its balance sheet, and the statement of cash flows. Potential Fifth Third investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Fifth Third investors may use each financial statement separately, they are all related. The changes in Fifth Third's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fifth Third's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Fifth Third Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Fifth Third is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Fifth has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Fifth Third's financials are consistent with your investment objective using the following steps:- Review Fifth Third's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Fifth Third's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Fifth Third's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Fifth Third's stock is overvalued or undervalued.
Fifth Third Thematic Clasifications
Fifth Third Bancorp is part of FinTech investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. A collection of large financial service, investment, and banking companies. High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking
This theme covers A collection of large financial service, investment, and banking companies. High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. Get More Thematic Ideas
| FinTech | View |
Today, most investors in Fifth Third Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fifth Third's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Fifth Third growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Fifth Third April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fifth Third help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fifth Third Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fifth Third Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Fifth Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fifth Third's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.62 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.7 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.92 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Fifth Stock analysis
When running Fifth Third's price analysis, check to measure Fifth Third's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Is Fifth Third's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fifth Third. If investors know Fifth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Dividend Share 1.36 | Earnings Share 3.22 | Revenue Per Share 11.978 | Quarterly Revenue Growth (0.02) |
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.