9,635 Shares in Fifth Third Bancorp $FITB Bought by Zhang Financial LLC

Zhang Financial LLC acquired a new position in Fifth Third Bancorp (NASDAQ:FITB) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,635 shares of the financial services provider’s stock, valued at approximately $448,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gryphon Financial Partners LLC lifted its stake in shares of Fifth Third Bancorp by 12.7% in the first quarter. Gryphon Financial Partners LLC now owns 31,194 shares of the financial services provider’s stock worth $1,449,000 after acquiring an additional 3,503 shares in the last quarter. Assetmark Inc. grew its stake in Fifth Third Bancorp by 25.8% during the 1st quarter. Assetmark Inc. now owns 47,754 shares of the financial services provider’s stock valued at $2,219,000 after purchasing an additional 9,808 shares in the last quarter. Angeles Wealth Management LLC grew its stake in Fifth Third Bancorp by 22.1% during the 1st quarter. Angeles Wealth Management LLC now owns 7,869 shares of the financial services provider’s stock valued at $369,000 after purchasing an additional 1,422 shares in the last quarter. Prosperity Consulting Group LLC increased its holdings in Fifth Third Bancorp by 20.1% during the 1st quarter. Prosperity Consulting Group LLC now owns 13,755 shares of the financial services provider’s stock worth $639,000 after purchasing an additional 2,301 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in Fifth Third Bancorp by 17.9% during the 1st quarter. Wealthfront Advisers LLC now owns 222,478 shares of the financial services provider’s stock worth $10,336,000 after purchasing an additional 33,723 shares during the last quarter. 83.79% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Fifth Third Bancorp

Here are the key news stories impacting Fifth Third Bancorp this week:

• Positive Sentiment: Fifth Third Bancorp posted Q2 2026 earnings of $1.02 per share, above consensus estimates, helped by stronger net interest income and fee income. Article Title
• Positive Sentiment: The company said profit rose on higher net interest income and growth in capital markets and wealth management fees, suggesting core banking trends remain solid. Article Title
• Positive Sentiment: Fifth Third also highlighted strong credit quality and lower deposit costs, which support margins and profitability. Article Title
• Positive Sentiment: The bank was named the United States’ Best Bank by Euromoney, reinforcing confidence in its franchise and post-merger expansion story. Article Title
• Neutral Sentiment: Shares also saw unusually heavy put-option activity, indicating traders are hedging or positioning for volatility after earnings.
• Negative Sentiment: Despite the earnings beat, the stock is under pressure because investors are reacting to higher integration-related costs and a reported miss on topline estimates. Article Title
• Negative Sentiment: Some reports noted revenue came in below expectations, which may be outweighing the EPS beat in early trading. Article Title

Fifth Third Bancorp Stock Performance

Shares of FITB stock opened at $57.92 on Friday. Fifth Third Bancorp has a 12-month low of $40.04 and a 12-month high of $59.50. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market capitalization of $52.49 billion, a price-to-earnings ratio of 19.44, a price-to-earnings-growth ratio of 1.09 and a beta of 0.90. The business has a 50 day simple moving average of $53.01 and a 200 day simple moving average of $50.61.

Fifth Third Bancorp (NASDAQ:FITB) last announced its earnings results on Friday, July 17th. The financial services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.01). Fifth Third Bancorp had a net margin of 15.89% and a return on equity of 12.39%. The business had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.24 billion. During the same period in the previous year, the firm earned $0.88 EPS. On average, equities research analysts anticipate that Fifth Third Bancorp will post 4.1 EPS for the current year.

Fifth Third Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Tuesday, June 30th. Fifth Third Bancorp’s payout ratio is currently 54.61%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Stephens initiated coverage on Fifth Third Bancorp in a research note on Monday, June 15th. They set an “equal weight” rating and a $58.00 target price for the company. Robert W. Baird upped their price target on shares of Fifth Third Bancorp from $56.00 to $58.00 and gave the company an “outperform” rating in a report on Monday, June 8th. JPMorgan Chase & Co. increased their price objective on shares of Fifth Third Bancorp from $54.50 to $61.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Morgan Stanley raised their price objective on shares of Fifth Third Bancorp from $60.00 to $64.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Finally, DA Davidson reissued a “buy” rating and issued a $58.00 target price on shares of Fifth Third Bancorp in a research report on Monday, April 20th. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Fifth Third Bancorp presently has a consensus rating of “Moderate Buy” and an average target price of $59.11.

Insider Activity

In related news, EVP Peter L. Sefzik sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $50.46, for a total value of $1,009,200.00. Following the completion of the sale, the executive vice president owned 189,382 shares of the company’s stock, valued at $9,556,215.72. This represents a 9.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kevin J. Khanna sold 6,000 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $50.77, for a total transaction of $304,620.00. Following the completion of the transaction, the executive vice president owned 76,299 shares of the company’s stock, valued at $3,873,700.23. This represents a 7.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.51% of the company’s stock.

Fifth Third Bancorp Profile

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.