Cincinnati, Ohio-based Fifth Third Bancorp (FITB) operates as a bank holding company, providing a wide range of financial products and services. Valued at $27.6 billion by market cap, the firm operates through Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management segments.

The banking major has notably underperformed the broader market over the past year. FITB stock has inched up 4.8% over the past 52 weeks and dipped 2.4% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 21.1% gains over the past year and 7.9% returns on a YTD basis.

Narrowing the focus, Fifth Third has also underperformed the Financial Select Sector SPDR Fund’s (XLF) 25.2% surge over the past 52 weeks and 7.5% gains in 2025.

Despite delivering better-than-expected results, Fifth Third Bancorp’s stock prices dropped 1% in the trading session following the release of its Q2 results on Jul. 17. The company reported a solid 7.8% year-over-year growth in net interest income (NII) to $1.5 billion and 7.9% growth in non-interest income to $750 million. Overall, its topline came in at $2.25 billion, beating the Street’s expectations by a small margin. However, the growth in NII isn’t a sustainable growth as it was a result of total interest expense falling faster than total interest income. Meanwhile, its adjusted EPS came in at $0.90, 3.5% ahead of the consensus estimates.

For the full fiscal 2025, ending in December, analysts expect FITB to deliver an adjusted EPS of $3.55, up 5.3% year-over-year. The company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

The stock maintains a consensus “Moderate Buy” rating overall. Of the 24 analysts covering the stock, opinions include 14 “Strong Buys,” one “Moderate Buy,” and nine “Holds.”

This configuration is notably more optimistic than three months ago, when only 11 analysts gave “Strong Buy” recommendations.

On Jun. 9, DA Davidson analyst Peter Winter upgraded Fifth Third from “Neutral” to “Buy” and raised the price target to $47.

FITB’s mean price target of $47.74 represents a 15.7% premium. Meanwhile, the Street-high target of $53 suggests a 28.5% upside potential from current price levels.