Fifth Third Bancorp (FITB) Valuation — DCF, Graham & Comparables

Fifth Third Bancorp (FITB) — Price $53.93 (closing price, November 3, 2026) — Financial Services — Banks - Regional — NYSE

Latest reported results:

Valuation dashboard for Fifth Third Bancorp (FITB) with P/E 18.47, P/B 1.48, EV/EBITDA 16.5 and dividend yield 3.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.

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.

What would it be worth at its usual multiples?

Versus its usual multiples: fairly priced · Current P/B 1.5× · Multiples range: $36.53 · $51.88.

At a P/B Kaplio accepts for its ROTCE 15.1 % (1.4×) $52 (-4 %); at its peers' median (1.0×) $37 (-32 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Fifth Third Bancorp reported revenue of $8.94B in the most recent fiscal year, growing at a 5-year CAGR of 4.3%. Net income reached $2.52B, with a 12.1% 5-year CAGR.

Trailing-twelve-month margins: gross margin 69.9%, operating margin 27.8%, net margin 21.9%.

At $53.93 (closing price, November 3, 2026), FITB trades at a P/E of 18.47 and an ROE of 8.30%. Market capitalisation stands at $48.9B, placing it among large-cap names.

Balance sheet quality for FITB: debt-to-equity ratio of 0.54, current ratio of 3.40 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio18.47
Price / Book1.48
EV / EBITDA16.5
Dividend Yield3.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
FITBFifth Third Bancorp$48.9B18.471.488.3%
HBANHuntington Bancshares Incorporated$32.0B12.591.008.2%
FCNCAFirst Citizens BancShares, Inc.$25.8B11.901.2110.9%
WFCWells Fargo & Company$256.8B11.981.4312.9%
PNCThe PNC Financial Services Group, Inc.$91.1B12.211.4812.6%
USBU.S. Bancorp$93.3B11.671.4012.6%
TFCTruist Financial Corporation$59.2B12.730.978.1%
MTBM&T Bank Corporation$32.1B11.581.1410.7%

Price

Price$53.93 (closing price, November 3, 2026)
Market Cap$48.9B
ExchangeNYSE
CountryUS

Profitability

Return on Equity8.30%
Return on Invested Capital0.85%
Return on Assets0.85%
Gross Margin69.91%
Operating Margin27.84%
Net Margin21.86%

Related companies: HBAN · FCNCA · WFC · PNC · USB · TFC · MTB · CFG

Explore sector: Financial Services · Banks - Regional

More sections of FITB: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks