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Fifth Third Bancorp (NASDAQ: FITB) – Is this large market cap stock undervalued?

Fifth Third Bancorp (NASDAQ: FITB), is firmly in the large market cap category with market cap of 15741.31. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Fifth Third Bancorp is 20.7 (with a change from open of 0.56%), this in conjunction with a target price of 20.14. Volume today has so far reached 1800490, with an average volume of about 6535.19. The GAP for this stock, is 0.64%.

The P/E ratio is 10.07, bringing the forward P/E to a value of 12.19. The current EPS for Fifth Third Bancorp, is 2.03, with a EPS growth for this year coming to a value of 20.70%. Performance has been interesting with performance year to date coming to 3.40%.

Looking further into the growth statistics for Fifth Third Bancorp, EPS is looking like it will grow 5.27% in the next year. Looking even further it is projected to be 3.66%. Quarter over quarter is 11.70% for EPS growth and for sales growth quarter over quarter it is 4.30%. Looking at past EPS growth statistics we see that for the past five years it has been 26.30%. Sales growth for the past five years has in fact been -2.10%.

Looking at the ownership, we see that the insider ownership is at 0.40% and institutional ownership is 81.80%. Shares outstanding is 769.37, while shares float is at a value of 763.49. Float short for Fifth Third Bancorp is 2.47% and the short ratio is 2.89.

In terms of debt, long term debt/equity is 1.05, while the total debt/equity comes to 1.05. The ability to meet these debts, means that the current ratio is , and the quick ratio is . The most recent gross margin is and their operating margin is 76.00%. The profit margin is 38.70%.

Fifth Third Bancorp has seen returns on assets of 1.10%, and on investment, 8.20%. Return on equity is 10.80%. Price/Earnings to growth ratio is 2.75. Price/Sales ratio is at a value of 3.8, with Price/book ratio coming to 1.01 and Price/cash is 3.44, and finally Price/Free cash Flow is 9.93.

The simple moving averages are 7.67% and 15.87% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -0.36% and the 52 week low is 51.96%.

Fifth Third Bancorp has a dividend yield of 2.54%, with a current price of 20.7. The ability to pay this means the payout ratio is 25.30%. This is in an industry, Regional – Midwest Banks, with equally high dividends from other companies in this sector, which it is Financial. Fifth Third Bancorp is based in USA.

Performance in the Regional – Midwest Banks industry means that Fifth Third Bancorp has seen performance for the past week of 2.66%, with performance for the month coming to 4.82%. Looking at the data for the quarter it is at a value of 13.26%, and for the half year the performance is 8.55%. Volatility for this week is 2.52% and for the month this is 1.73%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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