FITB Stock: Fifth Third Bancorp Stock Price, Analysis & Insights
Get live fitb stock price $45.77, comprehensive Fifth Third Bancorp stock analysis, charts, news, and expert forecast. Real-time fitb stock data and investment insights.
Company Overview
Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.
Company Information
- CEO
- Timothy N. Spence
- Sector
- Financial Services
- Industry
- Banks - Regional
- Employees
- 18786
Contact Information
- Website
- https://www.53.com
- Address
- Fifth Third Center
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 30.29B market capitalization
- Trading Volume: 2.85M shares traded today
- Price Range: 52-week range of $32.25 - $49.07
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Fifth Third Bancorp
Fifth Third Bancorp (FITB) operates in the Banks - Regional industry within the Financial Services sector. With a current market capitalization of 30.29B, the company represents a significant player in its market. The stock is currently trading at $45.77 with a positivedaily change of 0.37%.
The company's 18786 employee base and presence on the NASDAQ Global Selectexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 14.26, beta of 0.93, and 52-week price range from $32.25 to $49.07when evaluating investment opportunities.
Why Invest in Fifth Third Bancorp?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Timothy N. Spence
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.