Fifth Third Bancorp (NASDAQ: FITB) is a prominent financial services company based in Cincinnati, Ohio. Through its subsidiary, Fifth Third Bank, it offers a comprehensive suite of banking services, including commercial banking, branch banking, and consumer lending. FITB competes with leading financial institutions such as JPMorgan Chase and Bank of America in the competitive financial sector.
On December 22, 2025, Brian Foran from Truist Financial set a price target of $55 for FITB. At that time, the stock was priced at $48.10, suggesting a potential increase of about 14.35%. Currently, the stock price is $48.12, showing a slight increase of 0.60% or $0.29. The stock has traded between $47.68 and $48.19 today.
Texas Permanent School Fund Corp significantly reduced its stake in FITB by 36.4% in the second quarter, selling 29,159 shares. This left them with 50,983 shares valued at approximately $2.1 million. Despite this reduction, other firms like Evolution Wealth Management Inc. and Banque Transatlantique SA have taken new positions in FITB, valued at around $26,000 and $27,000, respectively.
Activest Wealth Management notably increased its holdings in FITB by over 1,000% in the second quarter, now owning 686 shares valued at $28,000. This demonstrates varied investor sentiment towards FITB, with some reducing their stakes while others are increasing or initiating new positions.
FITB's market capitalization is approximately $31.81 billion, with a trading volume of 329,858 shares on the NASDAQ exchange. Over the past year, the stock has seen a high of $48.71 and a low of $32.25, reflecting its volatility and the potential for future growth as suggested by the price target set by Brian Foran.
