Fifth Third Bancorp

NASDAQ FITBO

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Fifth Third Bancorp Enterprise Value to EBITDA (EV/EBITDA) on June 03, 2024: 24.33

Fifth Third Bancorp Enterprise Value to EBITDA (EV/EBITDA) is 24.33 on June 03, 2024, a 182.36% change year over year. The EV/EBITDA ratio compares a company's enterprise value to its EBITDA. It provides insight into the company's valuation relative to its earnings and is commonly used in comparing the relative value of different companies within an industry. A lower ratio suggests a potentially more favorable valuation.
  • Fifth Third Bancorp 52-week high Enterprise Value to EBITDA (EV/EBITDA) is 25.11 on May 10, 2024, which is 3.22% above the current Enterprise Value to EBITDA (EV/EBITDA).
  • Fifth Third Bancorp 52-week low Enterprise Value to EBITDA (EV/EBITDA) is -7.52 on September 27, 2023, which is -130.93% below the current Enterprise Value to EBITDA (EV/EBITDA).
  • Fifth Third Bancorp average Enterprise Value to EBITDA (EV/EBITDA) for the last 52 weeks is 0.68.
NASDAQ: FITBO

Fifth Third Bancorp

CEO -
IPO Date Sept. 13, 2019
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.

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StockViz Staff

September 20, 2024

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