Fifth Third Bancorp Stock Net Asset
FITB Stock | USD 47.12 0.81 1.75% |
Fifth Third Bancorp fundamentals help investors to digest information that contributes to Fifth Third's financial success or failures. It also enables traders to predict the movement of Fifth Stock. The fundamental analysis module provides a way to measure Fifth Third's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fifth Third stock.
Fifth | Net Asset |
Fifth Third Bancorp Company Net Asset Analysis
Fifth Third's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Fifth Third Net Asset | 214.57 B |
Most of Fifth Third's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fifth Third Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Fifth Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Fifth Third is extremely important. It helps to project a fair market value of Fifth Stock properly, considering its historical fundamentals such as Net Asset. Since Fifth Third's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fifth Third's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fifth Third's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Fifth Total Assets
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Based on the recorded statements, Fifth Third Bancorp has a Net Asset of 214.57 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The net asset for all United States stocks is notably lower than that of the firm.
Fifth Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fifth Third's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fifth Third could also be used in its relative valuation, which is a method of valuing Fifth Third by comparing valuation metrics of similar companies.Fifth Third is currently under evaluation in net asset category among its peers.
Fifth Third ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fifth Third's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fifth Third's managers, analysts, and investors.Environmental | Governance | Social |
Fifth Third Institutional Holders
Institutional Holdings refers to the ownership stake in Fifth Third that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fifth Third's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fifth Third's value.Shares | Bank Of America Corp | 2024-06-30 | 13.7 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 9.3 M | Nuveen Asset Management, Llc | 2024-06-30 | 8.9 M | Norges Bank | 2024-06-30 | 8.9 M | First Trust Advisors L.p. | 2024-06-30 | 8.7 M | Allspring Global Investments Holdings, Llc | 2024-06-30 | 8.3 M | Royal Bank Of Canada | 2024-06-30 | 6.5 M | Northern Trust Corp | 2024-09-30 | 6.3 M | Fort Washington Investment Advisors Inc | 2024-09-30 | 5.6 M | Vanguard Group Inc | 2024-09-30 | 82.7 M | Blackrock Inc | 2024-06-30 | 58.1 M |
Fifth Fundamentals
Return On Equity | 0.12 | |||
Return On Asset | 0.0104 | |||
Profit Margin | 0.28 % | |||
Operating Margin | 0.37 % | |||
Current Valuation | 48.75 B | |||
Shares Outstanding | 670.54 M | |||
Shares Owned By Insiders | 0.58 % | |||
Shares Owned By Institutions | 86.53 % | |||
Number Of Shares Shorted | 23.05 M | |||
Price To Earning | 11.22 X | |||
Price To Book | 1.67 X | |||
Price To Sales | 3.85 X | |||
Revenue | 8.2 B | |||
Gross Profit | 7.82 B | |||
EBITDA | 3.47 B | |||
Net Income | 2.35 B | |||
Cash And Equivalents | 7.82 B | |||
Cash Per Share | 11.39 X | |||
Total Debt | 18.91 B | |||
Debt To Equity | 7.90 % | |||
Book Value Per Share | 27.60 X | |||
Cash Flow From Operations | 4.51 B | |||
Short Ratio | 5.39 X | |||
Earnings Per Share | 3.00 X | |||
Price To Earnings To Growth | 3.74 X | |||
Target Price | 48.38 | |||
Number Of Employees | 18.58 K | |||
Beta | 1.23 | |||
Market Capitalization | 31.05 B | |||
Total Asset | 214.57 B | |||
Retained Earnings | 23 B | |||
Annual Yield | 0.03 % | |||
Five Year Return | 3.16 % | |||
Net Asset | 214.57 B | |||
Last Dividend Paid | 1.42 |
About Fifth Third Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fifth Third Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fifth Third using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fifth Third Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:Check out Fifth Third Piotroski F Score and Fifth Third Altman Z Score analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fifth Third. If investors know Fifth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 1.42 | Earnings Share 3 | Revenue Per Share 11.78 | Quarterly Revenue Growth (0.03) |
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.