FIFTH THIRD BANCORP (FITB)
US3167731005 - Common Stock
We assign a fundamental rating of 3 out of 10 to FITB. FITB was compared to 411 industry peers in the Banks industry. FITB has a bad profitability rating. Also its financial health evaluation is rather negative. FITB has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FITB was profitable.
FITB had a positive operating cash flow in the past year.
Each year in the past 5 years FITB has been profitable.
FITB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FITB's Return On Assets of 1.03% is fine compared to the rest of the industry. FITB outperforms 63.75% of its industry peers.
FITB's Return On Equity of 11.54% is fine compared to the rest of the industry. FITB outperforms 75.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 11.54% | ||
| 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's Profit Margin of 25.41% is in line compared to the rest of the industry. FITB outperforms 57.66% of its industry peers.
FITB's Profit Margin has declined in the last couple of years.
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) | 25.41% | ||
| 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
Compared to 1 year ago, FITB has a worse debt to assets ratio.
2.2 Solvency
FITB has a debt to FCF ratio of 4.24. This is a neutral value as FITB would need 4.24 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.24, FITB is doing worse than 64.72% of the companies in the same industry.
A Debt/Equity ratio of 0.88 indicates that FITB is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.88, FITB is not doing good in the industry: 82.73% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 4.24 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.51%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.88% over the past year.
The Earnings Per Share has been growing slightly by 6.92% on average over the past years.
Looking at the last year, FITB shows a small growth in Revenue. The Revenue has grown by 3.98% in the last year.
Measured over the past years, FITB shows a small growth in Revenue. The Revenue has been growing by 4.67% on average per year.
EPS 1Y (TTM)3.88%
EPS 3Y18.15%
EPS 5Y6.92%
EPS growth Q2Q-4%
Revenue 1Y (TTM)3.98%
Revenue growth 3Y4.59%
Revenue growth 5Y4.67%
Revenue growth Q2Q-6.57%
3.2 Future
The Earnings Per Share is expected to decrease by -0.31% on average over the next years.
Based on estimates for the next years, FITB will show a small growth in Revenue. The Revenue will grow by 2.83% on average per year.
EPS Next Y-6.2%
EPS Next 2Y1.43%
EPS Next 3Y3.02%
EPS Next 5Y-0.31%
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
With a Price/Earnings ratio of 10.58, the valuation of FITB can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of FITB is on the same level as its industry peers.
When comparing the Price/Earnings ratio of FITB to the average of the S&P500 Index (25.20), we can say FITB is valued rather cheaply.
A Price/Forward Earnings ratio of 11.28 indicates a reasonable valuation of FITB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FITB is on the same level as its industry peers.
FITB is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.58 | ||
| Fwd PE | 11.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FITB indicates a somewhat cheap valuation: FITB is cheaper than 76.40% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.3 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.53
EPS Next 2Y1.43%
EPS Next 3Y3.02%
5. Dividend
5.1 Amount
FITB has a Yearly Dividend Yield of 3.78%.
FITB's Dividend Yield is comparable with the industry average which is at 3.86.
Compared to an average S&P500 Dividend Yield of 2.44, FITB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
5.2 History
On average, the dividend of FITB grows each year by 13.01%, which is quite nice.
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
47.90% of the earnings are spent on dividend by FITB. This is a bit on the high side, but may be sustainable.
DP47.9%
EPS Next 2Y1.43%
EPS Next 3Y3.02%
FIFTH THIRD BANCORP
NASDAQ:FITB (4/25/2024, 5:02:10 PM)
After market: 36.82 0 (0%)36.82
-0.41 (-1.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap25.17B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
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 | 10.58 | ||
| Fwd PE | 11.28 | ||
| 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)1.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 11.54% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 25.41% | ||
| 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 | 0.88 | ||
| 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)3.88%
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)3.98%
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