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A look at a High Market Cap Stock: Fifth Third Bancorp, FITB

Fifth Third Bancorp, FITB is in the exchange NASDAQ and its industry is Regional – Midwest Banks in the sector of Financial. Based in USA, Fifth Third Bancorp, FITB  has a market cap of 19184.94. Since its IPO date on the 3/26/1990, Fifth Third Bancorp, FITB performance year to date is 29.12%. Today Fifth Third Bancorp, FITB has gained 2.58%, with a current price of 26.05.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 83.00%. The management of the company have seen the company have a payout ratio of 23.00%. Return of assets are at 1.20%, with return on investment at 8.20%.

In terms of debt levels and profit levels, Fifth Third Bancorp, FITB is seeing a long-term debt/equity of 1.09. While Total debt/equity is 1.09. With a profit margin of 41.70%, this is combined with a gross margin of *TBA, and operating margin of 77.40%. Fifth Third Bancorp ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year Fifth Third Bancorp, FITB has seen a EPS growth of 20.70%. A performance for the year of 26.37%. The 52-week high is -2.20%, and the 52-week low is 92.36%. The average volume for Fifth Third Bancorp, FITB is 2060185.

With a target price of 23.91, can Fifth Third Bancorp, FITB reach this target? Looking at the value indicators of Fifth Third Bancorp, FITB. Fifth Third Bancorp has a P/E of 11.31 and a forward P/E of 14.67. Perhaps the more useful indicator than P/E, is PEG which has a value of 11.31. Fifth Third Bancorp also has a P/S and a P/B of 4.6 and 1.23 respectively. For P/cash, Fifth Third Bancorp has a value of 3.43, while it is 12.78 for P/free cash flow.

At the current price of 26.05, Fifth Third Bancorp has a dividend yield of 2.05%. We see a return on equity of 11.50%.

Looking more long-term Fifth Third Bancorp, is projected to get an EPS growth for the next five years of 1.00%. In the short-term an EPS growth of -7.68% in the next year is forecasted. This is after a EPS growth of 20.70% for this year and for the last five years a 26.30% growth has been seen.

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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