Regional banking company Fifth Third Bancorp (NASDAQ: FITB) will be announcing earnings results this Friday before market open. Here’s what investors should know.
Fifth Third Bancorp beat analysts’ revenue expectations by 1% last quarter, reporting revenues of $2.25 billion, up 7.8% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ tangible book value per share estimates but a narrow beat of analysts’ EPS estimates.
Is Fifth Third Bancorp a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Fifth Third Bancorp’s revenue to grow 7.3% year on year to $2.29 billion, a reversal from the 1.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.87 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Fifth Third Bancorp has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Fifth Third Bancorp’s peers in the regional banks segment, some have already reported their Q3 results, giving us a hint as to what we can expect. First Horizon delivered year-on-year revenue growth of 7.5%, beating analysts’ expectations by 7.7%, and FB Financial reported revenues up 94.2%, topping estimates by 4.2%. FB Financial’s stock price was unchanged following the results.
Read our full analysis of First Horizon’s results here and FB Financial’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the regional banks stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.2% on average over the last month. Fifth Third Bancorp is down 4.4% during the same time and is heading into earnings with an average analyst price target of $50.60 (compared to the current share price of $43).
Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
