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 $34.22, up 0.35% from the previous day, and has increased 25.95% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.16 percentage points. Fifth Third Bancorp stock is currently +52.36% from its 52-week low of $22.46, and -8.53% from its 52-week high of $37.41.
At the moment, there are 681.22M shares of FITB outstanding. The market capitalization of FITB is $23.31B. In the last 24 hours, 6.03M FITB shares were traded.
How to Buy Fifth Third Bancorp Stock
Wondering how to invest in Fifth Third Bancorp stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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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.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 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.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
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.
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
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 10.59x, relative to Banks - Regional industry P/E ratio of -10.84x
- FITB could be overvalued based on its P/B ratio of 1.22x, relative to Banks - Regional industry P/B ratio of 0.95x
- FITB may be undervalued based on its PEG ratio of 0.58x
You can do additional valuation analysis on FITB's stock here.
FITB Financial Overview
Signs that FITB is financially healthy:
- FITB's operating cash flow of $4.51B allows it to safely service it's debt of $19.43B.
- FITB earnings of $2.99B is not enough to cover its interest payments.
Signs that FITB is not financially healthy:
- FITB has a relatively high debt to equity ratio of 10.19.
- Total FITB debt is higher than 5 years ago, relative to shareholder equity.
- FITB profit margin has gone down from 29.8% to 27% in the past year.
Is FITB stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 11 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
Terry McEvoy, a bottom 6% analyst from Stephens & Co. downgrades FITB to a hold rating and announces their FITB price target of $41.00, on Mar 19, 2024.
Scott Siefers, a top 21% analyst from Piper Sandler maintains FITB with a strong buy rating and raises their FITB price target from $38.00 to $41.00, on Mar 8, 2024.
Manan Gosalia, a top 4% analyst from Morgan Stanley maintains FITB with a hold rating and raises their FITB price target from $29.00 to $36.00, on Feb 7, 2024.
Gerard Cassidy, a top 9% analyst from RBC Capital maintains FITB with a buy rating and raises their FITB price target from $35.00 to $38.00, on Jan 22, 2024.
Jason Goldberg, a bottom 11% analyst from Barclays maintains FITB with a strong buy rating and raises their FITB price target from $34.00 to $43.00, on Jan 2, 2024.
You can dig deeper into what analysts are projecting on the Fifth Third Bancorp stock forecast page.
FITB Technical Indicators
FITB Growth Numbers
Last year, FITB earnings were $2.21B. In the past 5 year, FITB's earnings have gone up by 0.76% per year. This was slower than the Banks - Regional industry average of 16.37%.
Last year, FITB revenue was $8.19B. In the last five year, FITB's revenue has grown by 4.03% per year. This was slower than the Banks - Regional industry average of 7.32%.
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 $181,900.00 worth of FITB shares on Mar 25, 2024.
Research more about who owns FITB shares here.
Does FITB stock generate passive income?
Fifth Third Bancorp pays a dividend of 4.03%, compared to the Banks - Regional industry's average dividend yield of 3.99%. If you owned $1,000 worth of FITB stock, you would have been paid $40.33 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:
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:
- Decide where to buy Fifth Third Bancorp stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Fifth Third Bancorp stock
- Place your FITB trade
- Get the latest news on your investment in FITB
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Fifth Third Bancorp, click below.
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