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 406 industry peers in the Banks industry. Both the profitability and financial health of FITB have multiple concerns. FITB has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year FITB was profitable.
In the past year FITB had a positive cash flow from operations.
FITB had positive earnings in each of the past 5 years.
Each year in the past 5 years FITB had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 0.96%, FITB is doing good in the industry, outperforming 66.34% of the companies in the same industry.
The Return On Equity of FITB (9.94%) is better than 70.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 9.94% | ||
| 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
FITB has a Profit Margin of 24.40%. This is comparable to the rest of the industry: FITB outperforms 59.65% of its industry peers.
In the last couple of years the Profit Margin of FITB has declined.
FITB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.4% | ||
| 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.
Compared to 1 year ago, FITB has less shares outstanding
Compared to 5 years ago, FITB has more shares outstanding
FITB has a worse debt/assets ratio than last year.
2.2 Solvency
FITB has a debt to FCF ratio of 3.83. This is a good value and a sign of high solvency as FITB would need 3.83 years to pay back of all of its debts.
With a Debt to FCF ratio value of 3.83, FITB perfoms like the industry average, outperforming 42.33% of the companies in the same industry.
FITB has a Debt/Equity ratio of 0.85. This is a neutral value indicating FITB is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.85, FITB is not doing good in the industry: 84.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.77%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FITB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.55%.
FITB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.92% yearly.
FITB shows a decrease in Revenue. In the last year, the revenue decreased by -4.44%.
The Revenue has been growing slightly by 4.67% on average over the past years.
EPS 1Y (TTM)-4.55%
EPS 3Y18.15%
EPS 5Y6.92%
EPS Q2Q%-6.59%
Revenue 1Y (TTM)-4.44%
Revenue growth 3Y4.59%
Revenue growth 5Y4.67%
Sales Q2Q%-1.02%
3.2 Future
Based on estimates for the next years, FITB will show a small growth in Earnings Per Share. The EPS will grow by 0.57% on average per year.
Based on estimates for the next years, FITB will show a small growth in Revenue. The Revenue will grow by 3.37% on average per year.
EPS Next Y-7.09%
EPS Next 2Y3.46%
EPS Next 3Y5.99%
EPS Next 5Y0.57%
Revenue Next Year-2.12%
Revenue Next 2Y1.57%
Revenue Next 3Y2.53%
Revenue Next 5Y3.37%
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
FITB is valuated correctly with a Price/Earnings ratio of 12.78.
FITB's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.73. FITB is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 11.53, the valuation of FITB can be described as reasonable.
FITB's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of FITB to the average of the S&P500 Index (22.83), we can say FITB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.78 | ||
| Fwd PE | 11.53 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FITB indicates a rather cheap valuation: FITB is cheaper than 88.37% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.26 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.85
EPS Next 2Y3.46%
EPS Next 3Y5.99%
5. Dividend
5.1 Amount
FITB has a Yearly Dividend Yield of 3.50%.
Compared to an average industry Dividend Yield of 3.15, FITB pays a bit more dividend than its industry peers.
FITB's Dividend Yield is a higher than the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
The dividend of FITB is nicely growing with an annual growth rate of 13.01%!
FITB has paid a dividend for at least 10 years, which is a reliable track record.
FITB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)13.01%
Div Incr Years13
Div Non Decr Years14
5.3 Sustainability
FITB pays out 56.29% 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.
DP56.29%
EPS Next 2Y3.46%
EPS Next 3Y5.99%
FIFTH THIRD BANCORP
NASDAQ:FITB (12/20/2024, 8:11:29 PM)
After market: 48.715 +5.79 (+13.48%)42.93
+0.67 (+1.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners87.66%
Inst Owner Change-0.77%
Ins Owners0.51%
Ins Owner Change-1.13%
Market Cap28.79B
Analysts77.24
Price Target50.16 (16.84%)
Short Float %3%
Short Ratio4.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
Dividend Growth(5Y)13.01%
DP56.29%
Div Incr Years13
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.03%
Min EPS beat(2)-6.37%
Max EPS beat(2)0.31%
EPS beat(4)3
Avg EPS beat(4)1.92%
Min EPS beat(4)-6.37%
Max EPS beat(4)10.76%
EPS beat(8)4
Avg EPS beat(8)1.22%
EPS beat(12)4
Avg EPS beat(12)-1.52%
EPS beat(16)7
Avg EPS beat(16)2.6%
Revenue beat(2)0
Avg Revenue beat(2)-3.23%
Min Revenue beat(2)-3.39%
Max Revenue beat(2)-3.08%
Revenue beat(4)0
Avg Revenue beat(4)-2.5%
Min Revenue beat(4)-3.39%
Max Revenue beat(4)-1.55%
Revenue beat(8)0
Avg Revenue beat(8)-2.39%
Revenue beat(12)0
Avg Revenue beat(12)-2.99%
Revenue beat(16)2
Avg Revenue beat(16)-2.33%
PT rev (1m)6.17%
PT rev (3m)13.96%
EPS NQ rev (1m)0.06%
EPS NQ rev (3m)1.07%
EPS NY rev (1m)0.08%
EPS NY rev (3m)-1.76%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)-0.53%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.78 | ||
| Fwd PE | 11.53 | ||
| P/S | 3.4 | ||
| P/FCF | 6.26 | ||
| P/OCF | 5.76 | ||
| P/B | 1.39 | ||
| P/tB | 2.04 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.36
EY7.83%
EPS(NY)3.72
Fwd EY8.68%
FCF(TTM)6.86
FCFY15.99%
OCF(TTM)7.45
OCFY17.36%
SpS12.63
BVpS31
TBVpS21.05
PEG (NY)N/A
PEG (5Y)1.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 9.94% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.4% | ||
| GM | N/A | ||
| FCFM | 54.35% |
ROA(3y)1.14%
ROA(5y)1.09%
ROE(3y)12.32%
ROE(5y)10.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 3.83 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 81.28% | ||
| Cap/Sales | 4.66% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 222.75% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC11.77%
ROIC/WACCN/A
Cap/Depr(3y)146.02%
Cap/Depr(5y)113.2%
Cap/Sales(3y)7.12%
Cap/Sales(5y)5.84%
Profit Quality(3y)169.43%
Profit Quality(5y)114.96%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.55%
EPS 3Y18.15%
EPS 5Y6.92%
EPS Q2Q%-6.59%
EPS Next Y-7.09%
EPS Next 2Y3.46%
EPS Next 3Y5.99%
EPS Next 5Y0.57%
Revenue 1Y (TTM)-4.44%
Revenue growth 3Y4.59%
Revenue growth 5Y4.67%
Sales Q2Q%-1.02%
Revenue Next Year-2.12%
Revenue Next 2Y1.57%
Revenue Next 3Y2.53%
Revenue Next 5Y3.37%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-14.61%
EBIT Next 3Y1.85%
EBIT Next 5YN/A
FCF growth 1Y-7.83%
FCF growth 3Y466.19%
FCF growth 5Y9.11%
OCF growth 1Y-12.29%
OCF growth 3Y129.92%
OCF growth 5Y9.56%