FITB

Joe Biden moves into the White House in the coming week with the biggest stock market tailwind since Election Day for possibly any president in history.

RBC Capital markets' Gerard Cassidy expects further upside in U.S. bank stocks, and says their profitability will be lifted by a credit recovery in 2021.

Shares of Fifth Third Bancorp inched 0.64% higher to $31.38 Monday, on what proved to be an all-around rough trading session for the stock market, with the...

Bank stocks are off to a hot start to 2021, and one U.S. regional bank -- Fifth Third Bancorp (NASDAQ: FITB) --  got a big Wall Street upgrade on Thursday.

Bank stocks are off to a hot start to 2021, and one U.S. regional bank -- Fifth Third Bancorp (NASDAQ: FITB) -- got a big Wall Street upgrade on Thursday.The Fifth Third Analyst: Goldman Sachs analyst Ryan Nash upgraded Fifth Third Bancorp from Neutral to...

In the current market session, Fifth Third Bancorp Inc. (NASDAQ: FITB) is trading at $26.77, after a 0.54% increase. However, over the past month, the stock decreased by 1.78%, and in the past year, by 13.52%. Shareholders might be interested in knowing wh...

Right now, Fifth Third Bancorp Inc. (NASDAQ: FITB) share price is at $26.95, after a 1.64% drop. Over the past month, the stock increased by 2.35%, but over the past year, it actually fell by 11.45%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. The stock is currently above from its 52 week low by 142.79%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Banks stocks, and capitalize on the lower share price observed over the year. The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings. View more earnings on FITBDepending on the particular phase of a business cycle, some industries will perform better than others. Fifth Third Bancorp Inc. has a lower P/E than the aggregate P/E of 16.35 of the Banks industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors can become unable to attain key insights from trailing earnings.See more from Benzinga * Click here for options trades from Benzinga * Price Over Earnings Overview: Genpact * Analyzing The Price Action In Eastman Kodak Stock Today(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.