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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 14249.05. Since its IPO date on the 3/26/1990, Fifth Third Bancorp, FITB performance year to date is -6.91%. Today Fifth Third Bancorp, FITB has gained 0.87%, with a current price of 18.58.

Ownership of the company is 0.40% for insider ownership while institutional ownership is 83.10%. The management of the company have seen the company have a payout ratio of 25.80%. Return of assets are at 1.10%, 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 1.02. While Total debt/equity is 1.02. With a profit margin of 38.80%, this is combined with a gross margin of *TBA, and operating margin of 76.70%. 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 -10.32%. The 52-week high is -12.04%, and the 52-week low is 36.37%. The average volume for Fifth Third Bancorp, FITB is 3346237.

With a target price of 19.59, 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 9.24 and a forward P/E of 11. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.55. Fifth Third Bancorp also has a P/S and a P/B of 3.48 and 0.95 respectively. For P/cash, Fifth Third Bancorp has a value of 3.18, while it is 8.22 for P/free cash flow.

At the current price of 18.58, Fifth Third Bancorp has a dividend yield of 2.82%. We see a return on equity of 10.90%.

Looking more long-term Fifth Third Bancorp, is projected to get an EPS growth for the next five years of 3.63%. In the short-term an EPS growth of 8.14% 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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