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How to Buy Fifth Third Bancorp Stock

Fifth Third Bancorp

Fifth Third Bancorp operates as a diversified financial services company in the United States.

Fifth Third Bancorp stock last closed at $41.00, up 1.94% from the previous day, and has increased 50.13% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.23 percentage points. Fifth Third Bancorp stock is currently +82.3% from its 52-week low of $22.49, and -0.02% from its 52-week high of $41.01.

At the moment, there are 684.04M shares of FITB outstanding. The market capitalization of FITB is $28.05B. In the last 24 hours, 4.99M FITB shares were traded.

How to Buy Fifth Third Bancorp Stock

Wondering how to invest in Fifth Third Bancorp stock? Here's how.
  1. Decide where to buy Fifth Third Bancorp stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Fifth Third Bancorp stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your info.
  4. Research Fifth Third Bancorp stock: The Fifth Third Bancorp ticker symbol is FITB. Is Fifth Third Bancorp stock a good investment? Should you buy shares of FITB? How do FITB's underlying business fundamentals look? Do top analysts think Fifth Third Bancorp is a good buy? Why has FITB's stock price moved recently? (Hint: Our stock analysis website can help you understand if FITB is a good stock to buy).
  5. Place your FITB trade: Decide if you will purchase FITB shares at the current market price or use a limit order to purchase FITB shares at a given price.
  6. Get the latest news on your investment in FITB: Create a watchlist to key updates about your new investment in Fifth Third Bancorp stock.

Step 1: Decide where to buy Fifth Third Bancorp stock

You need a brokerage account in order to access the NASDAQ market and buy FITB stock.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best stock brokerage. eToro gives you:

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  • Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

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Step 2: Create your brokerage account

Now that you've picked the best brokerage, you'll need to fill out some personal details so you can invest in FITB today.

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  1. Click here to get started.
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  2. Input your personal info to open your new brokerage account.
  1. Send your information by clicking the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've created your account on stock market app, your next step is to transfer the money for your investment:

Check out the video below if you need help depositing money into your new brokerage account.

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Step 4: Research Fifth Third Bancorp stock

Once you have figured out the best place to buy Fifth Third Bancorp stock, it's very important to research their stock before you invest, so you can comprehend the risk and upside.

Fifth Third Bancorp Numbers

FITB Price
$41.00
1w %
11.26%
1y %
50.13%
5y %
48.66%
P/E
13.02x
P/B
1.47x
P/S
3.45x
PEG
2.4x
Revenue
$8.15B
Earnings
$2.16B
Fore. Rev. Growth
4.68%
Fore. Earn. Growth
6.02%
Market Cap
$28.05B
Next Earnings
Jul 19, 2024
Next Dividend
N/A

Fifth Third Bancorp Zen Score

WallStreetZen was created to help average investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on FITB's stock page.

Is FITB stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge FITB's fair value.

Using relative valuations measures:

  • FITB could be undervalued based on its P/E ratio of 13.02x, relative to Banks - Regional industry P/E ratio of 13.89x
  • FITB could be overvalued based on its P/B ratio of 1.47x, relative to Banks - Regional industry P/B ratio of 1.13x
  • FITB may be overvalued based on its PEG ratio of 2.4x

You can do additional valuation analysis on FITB's stock here.

FITB Financial Overview

Signs that FITB is financially healthy:

  • FITB earnings of $2.93B is not enough to cover its interest payments.

Signs that FITB is not financially healthy:

  • FITB profit margin has gone down from 29.8% to 26.5% in the past year.
  • FITB's operating cash flow of $3.57B allows it to safely service it's debt of $18.56B.
  • FITB has a relatively high debt to equity ratio of 10.28.
  • Total FITB debt is higher than 5 years ago, relative to shareholder equity.

Is FITB stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 12 Equities analysts who give ratings on FITB, the consensus analyst rating on FITB is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent FITB Analyst Recommendations

Vivek Juneja, a bottom 16% analyst from JP Morgan upgrades FITB to a strong buy rating and raises their FITB price target from $37.50 to $39.50, on May 1, 2024.

Manan Gosalia, a top 4% analyst from Morgan Stanley maintains FITB with a hold rating and maintains their FITB price target from $36.00 to $36.00, on Apr 22, 2024.

Peter Winter, a top 26% analyst from DA Davidson maintains FITB with a hold rating and raises their FITB price target from $37.00 to $39.00, on Apr 22, 2024.

Erika Najarian, a bottom 8% analyst from UBS downgrades FITB to a hold rating and lowers their FITB price target from $42.00 to $39.00, on Apr 4, 2024.

David George, a top 10% analyst from Baird downgrades FITB to a hold rating and maintains their FITB price target from $32.00 to $32.00, on Apr 1, 2024.

You can dig deeper into what analysts are projecting on the Fifth Third Bancorp stock forecast page.

FITB Technical Indicators

SMA10
37.92
SMA20
37.06
SMA50
37.11
SMA100
36.46
SMA200
33.25
MACD
0.85
MACD Signal
0.33
MACD Histogram
0.52
RSI
76.67
Stochastic %K
96.72
Stochastic %D
95.17
StochRSI %K
100
StochRSI %D
100

FITB Growth Numbers

Last year, FITB earnings were $2.16B. In the past 5 year, FITB's earnings have gone up by -0.68% per year. This was slower than the Banks - Regional industry average of 15.13%.

Last year, FITB revenue was $8.15B. In the last five year, FITB's revenue has grown by 3.3% per year. This was slower than the Banks - Regional industry average of 11.72%.

Dive into FITB's earnings and revenue performance here.

Latest Insiders Trades at FITB

Over the last 12 months, executives and large shareholders at FITB have sold more shares than they have bought.

Jude Schramm, EVP CIO of FITB, was the latest FITB insider to sell. They sold $100,000.00 worth of FITB shares on Jul 16, 2024.

Research more about who owns FITB shares here.

Does FITB stock generate passive income?

Fifth Third Bancorp pays a dividend of 3.41%, compared to the Banks - Regional industry's average dividend yield of 3.24%. If you owned $1,000 worth of FITB stock, you would have been paid $34.15 in the past year.

Fifth Third Bancorp dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Fifth Third Bancorp dividend yield and history here.

FITB Social Trading Data

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Place your FITB trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.

Press the Open Trade button and your broker will place the order.

If you want more info about buying stocks on eToro, watch the helpful video below:

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Step 6: Get the latest news on your investment in FITB

Now that you own some shares in FITB, you'll want to keep up with your new investment.

Put FITB on a watchlist to get alerted to the latest events about your FITB stock.

FITB Feed

How to Buy Stock in Fifth Third Bancorp

To reiterate, here are the 6 steps you need to take to buy Fifth Third Bancorp stock right now:

  1. Decide where to buy Fifth Third Bancorp stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Research Fifth Third Bancorp stock
  5. Place your FITB trade
  6. Get the latest news on your investment in FITB

If you require a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your new investment in Fifth Third Bancorp, click below.

NASDAQ: FITB
$41.00+0.78 (+1.94%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: FITB
$41.00+0.78 (+1.94%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Fifth Third Bancorp share?

As of Jul 17, 2024, it costs $41.00 to buy one share of Fifth Third Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.244 shares of FITB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Fifth Third Bancorp stock?

According to 12 Wall Street analysts who monitor Fifth Third Bancorp, their consensus recommendation is to buy Fifth Third Bancorp stock.

What is the best way to buy Fifth Third Bancorp stock?

One way to place an order for Fifth Third Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.