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Bank of America Securities Remains a Buy on Fifth Third Bancorp (FITB)

Tipranks - Tue Jun 16, 6:04AM CDT

Bank of America Securities analyst Ebrahim Poonawala reiterated a Buy rating on Fifth Third Bancorp yesterday and set a price target of $58.00.

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According to TipRanks, Poonawala is a top 25 analyst with an average return of 19.8% and an 80.33% success rate. Poonawala covers the Financial sector, focusing on stocks such as Citigroup, Wells Fargo, and JPMorgan Chase.

Fifth Third Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $56.96.

Based on Fifth Third Bancorp’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.87 billion and a net profit of $165 million. In comparison, last year the company earned a revenue of $3.08 billion and had a net profit of $515 million

Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FITB in relation to earlier this year. Most recently, in April 2026, Peter L Sefzik, the EVP of FITB sold 20,000.00 shares for a total of $1,009,187.69.

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