Fifth Third raised to Buy at Evercore ISI as Comerica integration boosts growth (FITB:NYSE)

Evercore ISI upgraded Fifth Third Bancorp (FITB) to Outperform, citing progress from Comerica acquisition integration, cost savings, and raised earnings forecasts. FITB offers a 3.03% dividend yield, a 55% payout ratio, and a 6.9% 3-year dividend growth rate. The stock trades at $53.09, modestly above GF Value's $47.05 intrinsic value. FITB has a GF Score of 79, with strengths in growth and momentum but weaker financial strength.

DA Davidson reiterated a Buy rating and $64 price target for Fifth Third Bancorp (FITB), citing strong Q3 results and merger synergies. FITB trades at $51.42, with analysts expecting cost savings and revenue growth. RBC lowered its target to $60 but kept an Outperform rating. FITB's Q3 earnings beat estimates at $1.13 per share, though revenue missed slightly.

RBC Capital reduced its price target for Fifth Third Bancorp (FITB) to $60 from $62, keeping an Outperform rating. The bank's stock is currently trading at $51.76 and is considered undervalued. RBC noted progress in Fifth Third's acquisition of CMA and expects the bank to restart its stock buyback program in Q4 2026. Fifth Third reported stronger-than-expected Q3 2026 earnings of $1.13 per share, beating estimates, but revenue was slightly below expectations at $3.33 billion.

Fifth Third Bancorp (FITB) reported Q3 2026 revenue of $3.33B, up 43.8% YoY, and EPS of $1.13, 5.1% above estimates. The bank completed Comerica integration, onboarding 600K accounts and consolidating 82 branches, driving 3% sequential core deposit growth. Management expects further expense synergies and growth in Texas and Southeast regions.

Fifth Third Bancorp (FITB) reported Q3 earnings with adjusted EPS of $1.13, an 8% increase in adjusted pre-provision net revenue, and a 2% rise in adjusted revenue. Retail deposits grew over 20% YoY in key Texas markets. The bank offers a 3.19% dividend yield with a 54% payout ratio and a GF Score of 79. Insiders have sold more shares than they've bought in the past year.

Fifth Third Bancorp (FITB) reported Q3 2026 results, with CEO Timothy Spence calling it a defining moment. The company expects 2.5%-3.5% net interest income growth in Q4 and targets $200M-$300M in share buybacks. The bank's employees invested over 4 million hours in preparation for a conversion project.