FIFTH THIRD BANCORP (FITB)
US3167731005 - Common Stock
Taking everything into account, FITB scores 3 out of 10 in our fundamental rating. FITB was compared to 411 industry peers in the Banks industry. Both the profitability and financial health of FITB have multiple concerns. FITB is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FITB had positive earnings in the past year.
FITB had a positive operating cash flow in the past year.
Each year in the past 5 years FITB has been profitable.
Each year in the past 5 years FITB had a positive operating cash flow.
1.2 Ratios
FITB has a Return On Assets of 1.01%. This is in the better half of the industry: FITB outperforms 65.05% of its industry peers.
With a decent Return On Equity value of 11.35%, FITB is doing good in the industry, outperforming 74.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.01% | ||
| ROE | 11.35% | ||
| ROIC | N/A |
ROA(3y)1.14%
ROA(5y)1.09%
ROE(3y)12.32%
ROE(5y)10.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FITB (25.12%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FITB has declined.
The Operating Margin and Gross Margin are not available for FITB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 25.12% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y13.66%
PM growth 5Y-3.42%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FITB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FITB has been reduced compared to 1 year ago.
Compared to 5 years ago, FITB has more shares outstanding
Compared to 1 year ago, FITB has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of FITB is 5.14, which is a neutral value as it means it would take FITB, 5.14 years of fcf income to pay off all of its debts.
FITB has a worse Debt to FCF ratio (5.14) than 66.50% of its industry peers.
FITB has a Debt/Equity ratio of 0.84. This is a neutral value indicating FITB is somewhat dependend on debt financing.
FITB has a Debt to Equity ratio of 0.84. This is amonst the worse of the industry: FITB underperforms 81.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 5.14 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.8%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for FITB have decreased by -0.87% in the last year.
FITB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.92% yearly.
Looking at the last year, FITB shows a decrease in Revenue. The Revenue has decreased by -1.38% in the last year.
FITB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.67% yearly.
EPS 1Y (TTM)-0.87%
EPS 3Y18.15%
EPS 5Y6.92%
EPS growth Q2Q-6.33%
Revenue 1Y (TTM)-1.38%
Revenue growth 3Y4.59%
Revenue growth 5Y4.67%
Revenue growth Q2Q-5.38%
3.2 Future
FITB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.40% yearly.
FITB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.83% yearly.
EPS Next Y-6.2%
EPS Next 2Y1.43%
EPS Next 3Y3.02%
EPS Next 5Y0.4%
Revenue Next Year-1.62%
Revenue Next 2Y1.41%
Revenue Next 3Y2.26%
Revenue Next 5Y2.83%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.24, which indicates a very decent valuation of FITB.
FITB's Price/Earnings ratio is in line with the industry average.
FITB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.60.
With a Price/Forward Earnings ratio of 10.77, the valuation of FITB can be described as very reasonable.
FITB's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of FITB to the average of the S&P500 Index (20.15), we can say FITB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.24 | ||
| Fwd PE | 10.77 |
4.2 Price Multiples
FITB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FITB is cheaper than 60.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.44 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.62
EPS Next 2Y1.43%
EPS Next 3Y3.02%
5. Dividend
5.1 Amount
FITB has a Yearly Dividend Yield of 3.63%. Purely for dividend investing, there may be better candidates out there.
FITB's Dividend Yield is comparable with the industry average which is at 3.65.
Compared to an average S&P500 Dividend Yield of 2.32, FITB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.63% |
5.2 History
The dividend of FITB is nicely growing with an annual growth rate of 13.01%!
FITB has been paying a dividend for at least 10 years, so it has a reliable track record.
FITB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)13.01%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
FITB pays out 48.80% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of FITB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP48.8%
EPS Next 2Y1.43%
EPS Next 3Y3.02%
FIFTH THIRD BANCORP
NASDAQ:FITB (5/17/2024, 7:00:00 PM)
After market: 38.56 0 (0%)38.56
-0.04 (-0.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap26.36B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.63% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.24 | ||
| Fwd PE | 10.77 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.01% | ||
| ROE | 11.35% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 25.12% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-0.87%
EPS 3Y18.15%
EPS 5Y
EPS growth Q2Q
EPS Next Y-6.2%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.38%
Revenue growth 3Y4.59%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y