Fifth Third Bancorp

NASDAQ FITBI

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Fifth Third Bancorp Price to Earnings Ratio (P/E) on June 03, 2024: 21.61

Fifth Third Bancorp Price to Earnings Ratio (P/E) is 21.61 on June 03, 2024, a 52.92% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Fifth Third Bancorp 52-week high Price to Earnings Ratio (P/E) is 22.75 on May 14, 2024, which is 5.29% above the current Price to Earnings Ratio (P/E).
  • Fifth Third Bancorp 52-week low Price to Earnings Ratio (P/E) is 6.47 on October 27, 2023, which is -70.04% below the current Price to Earnings Ratio (P/E).
  • Fifth Third Bancorp average Price to Earnings Ratio (P/E) for the last 52 weeks is 11.93.
NASDAQ: FITBI

Fifth Third Bancorp

CEO -
IPO Date Dec. 6, 2013
Location United States
Headquarters Fifth Third Center, Cincinnati, OH, United States, 45263
Employees 18,657
Sector Financial Services
Industry Banks - regional
Description

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The 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. The Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses; home equity loans and lines of credit; credit cards; and cash management services. This segment also engages in the residential mortgage that include origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and hedging activities; indirect lending, including extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers, and marine dealers; and home improvement and solar energy installation loans through contractors and installers. The Wealth & Asset Management segment provides various wealth management services 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. The company was founded in 1858 and is headquartered in Cincinnati, Ohio.

StockViz Staff

September 19, 2024

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