Is Fifth Third Bancorp Stock Underperforming the Nasdaq?
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Cincinnati, Ohio-based Fifth Third Bancorp (FITB) operates as the bank holding company providing a wide range of financial products and services. Valued at $25.4 billion by market cap, the firm operates through Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management segments.
Companies worth $10 billion or more are generally described as “large-cap stocks,” Fifth Third Bancorp fits right into that category, with its market cap exceeding the threshold, reflecting its substantial size, dominance and influence in the regional banking industry.
FITB stock touched its three-year high of $49.07 on Nov. 25, 2024 and is currently trading 21.9% below that peak. Over the past three months, FITB has dipped by 60 bps lagging behind the Nasdaq Composite’s ($NASX) 11% returns during the same time frame.
Over the longer term, FITB stock has dropped 9.4% on a YTD basis and gained 8.8% over the past 52 weeks, underperforming NASX’s 2% uptick in 2025 and 11.4% surge over the past year.
To confirm the downturn and recent fluctuations, FITB stock has traded consistently below its 200-day moving average since early March but climbed above its 50-day moving average in mid-May.
Fifth Third’s stock prices observed a marginal dip following the release of its Q1 results on Apr. 17. The quarter was marked with a resilient balance sheet and disciplined expense management. The company reported notable growth in the loan book and an expanded net interest margin. Its net interest income for the quarter increased 3.8% year-over-year to $1.4 billion. However, the company also reported a significant jump in provision for credit losses, increasing from $94 million in the year-ago quarter to $174 million, which didn’t impress investors.
Furthermore, the company’s non-interest income dropped 2.3% year-over-year to $694 million, and net income decreased by $2 million compared to the year-ago quarter to $478 million.
Meanwhile, FITB has notably lagged behind its peer M&T Bank Corporation’s (MTB) 4.1% dip in 2025 and 26.8% surge over the past 52 weeks.
Among the 24 analysts covering the FITB stock, the consensus rating is a “Moderate Buy.” Its mean price target of $44.38 suggests a 15.8% upside potential from current price levels.
On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.