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Stock impact report

Truist Lifts Fifth Third (FITB) Target After Strong Q4 but Trims FY26 EPS View [Yahoo! Finance]

Fifth Third Bancorp (FITB) 
Last fifth third bancorp earnings: 4/21 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.53.com/investor-overview
Company Research Source: Yahoo! Finance
On January 26, Truist lifted its price objective on Fifth Third Bancorp (NASDAQ:FITB) to $60 from $55 and kept a Buy rating after the bank posted a stronger-than-expected Q4. The firm did lower its FY26 EPS estimate by $0.10 to $4.18. That change reflects the earlier-than-planned close of the Comerica deal and a higher tax rate outlook of 23%, up from the prior 22%, the analyst said in a research note. A few days earlier, on January 20, Fifth Third reported an increase in fourth-quarter profit, driven by higher interest income as loan demand improved. Steady economic growth, recent Federal Reserve rate cuts, and easing concerns around tariffs have helped lift confidence across the US economy. As a result, both households and businesses have been more willing to borrow. Lower borrowing costs have made credit more accessible, reducing the interest paid on both new and existing loans. Fifth Third's net interest income rose 6% to $1.53 billion, and total loans grew 5%. The bank also Show less Read more
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