Fifth Third BancorpFITB
NasdaqGS•Financial Services•Banks - Regional
Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that provides 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. Its Consumer and Small Banking segment engages in the provision of a range of deposit and loan products to individuals and small businesses; residential mortgage activities, including the origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and associated hedging activities; home equity loans and lines of credit, credit cards, automobile and other indirect lending, and other consumer lending services; and home improvement and solar energy installation loans through contractors and installers. The Wealth and Asset Management segment provides various wealth management services, such as wealth planning, investment management, banking, insurance, trust, and estate services for for individuals, companies, and not-for-profit organizations; retail brokerage services for individual clients; and advisory services for institutional clients. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.
Fifth Third Bancorp (FITB) reported trailing twelve months revenue of $13.66B as of March 2026, a 6.0% increase year-over-year. Quarterly revenue reached $3.87B, reflecting continued top-line momentum.
Fifth Third Bancorp generated $2.17B in TTM net income, with quarterly EBITDA of $207.00M. The operating margin contracted from 21.2% to 5.4%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (5.4%) and net margin (4.3%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 16.7% a year ago, reflecting increased costs or interest expense.
FITB trades at a P/E of 17.1x (in line with broad market averages) and a P/S of 2.7x. The price-to-book ratio of 1.1x reflects a moderate premium to book value.
The company reported negative free cash flow of $-1.25B, indicating cash consumption over the period. The balance sheet shows $297.04B in total assets with $18.75B in long-term debt against $34.11B in stockholders equity for a debt-to-equity ratio of 0.5. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~21.8% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~10.8% on average, adequate but below the threshold typically associated with wide moats.
6 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
Revenue has grown modestly overall (~5.1%) but trajectory is uneven, suggesting a competitive or cyclical business.
Data-driven red flags and warnings across 21 quarters
Operating margins declined 7.3% — watch for continued compression, which may signal competitive or cost pressure.
FCF covers net income by 0.3x on average — earnings are well-supported by cash generation.
D/E ratio is 0.5 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.
Shares outstanding increased 20.1% — significant dilution, likely from stock compensation or capital raises.