Fifth Third Bancorp

FITB · Financial Services · Banks - Regional · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

60.75B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

29.11B USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

51.09B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

46.98B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

45.75B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

1.03×

the ratio the screener ranks by

Margin of Safety

+2.6%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 60.75B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)58.40B USD
−②Net Debt Today0 USD
+③Growth Value2.35B USD
=Value60.75B USD

EPV of the Operations (NOPAT over WACC)

58.40B USD

Net debt today

0 USD

Growth Value

+2.35B USD

Value

60.75B USD

①EPV (earnings power value)

58.40B USD

②Net Debt Today

0 USD

③Growth Value

2.35B USD

Market value

Market Cap45.75B USD

The price on the date above times the shares.

Value vs market

Margin of Safety+24.7%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 29.11B USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE17.77B USD
+②Equity at Year 15, Today11.34B USD
=Value29.11B USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

17.77B USD

②Equity at Year 15, Today

11.34B USD

Market value

Market Cap45.75B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-57.1%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 51.09B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF37.09B USD
+②Invested Capital at Year 15, Today14.00B USD
−③Net Debt Today0 USD
=Value51.09B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

37.09B USD

②Invested Capital at Year 15, Today

14.00B USD

③Net Debt Today

0 USD

Market value

Market Cap45.75B USD

The price on the date above times the shares.

Value vs market

Margin of Safety+10.5%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 8.05%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.91×Market Risk Premium 6.00%= 9.98%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 689.69M USDPretax Income 3.21B USD= 21.46%

The tax the interest saves.

Interest Expense =EBIT —−Pretax Income 3,214.21M USD= —

The interest the company paid: EBIT is the profit before tax plus the interest.

No interest is read: it needs debt and an EBIT above the profit before tax, the gap between them being the interest. Without it the cost of debt takes the 4% default.

Cost of Debt 4.00% (default): with no debt or no interest read, the 4% default after tax stands for what the lenders are paid a year.

Debt Weight =Total Debt 21.72B USDMarket Cap + Total Debt 45.75B USD + 21.72B USD= 32.20%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 67.80%×Cost of Equity 9.98%+Debt Weight 32.20%×Cost of Debt 4.00%= 8.05%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 300.48B USD − Total Liabilities 265.96B USD = Book Value Today 34.52B USD

Net debt today 0: a bank's debt is the money it lends on, not how the business is financed.

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 133.1%at most 5%does not pass906,572,635 / 681,124,810
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets0.7%at least -10.0%passes(4.52B USD − 2.52B USD) ÷ 300.48B USD
Price to bookMarket Cap ÷ Book Value Today1.33×at most 3×passes45.75B USD ÷ 34.52B USD
Operating marginOperating Income ÷ Revenue67.8%above 10.0%passes5.99B USD ÷ 8.83B USD
Revenue growthRevenue ÷ Revenue a Year Before − 16.6%above 10.0%does not pass8.83B USD / 8.28B USD
Net cash(Cash − Total Debt) ÷ Market Cap-37.9%above -30%does not pass(4.38B USD − 21.72B USD) ÷ 45.75B USD
Operating efficiencyOperating Income ÷ Gross Profit—above 25.0%not measured0 USD ÷ 0 USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

50.46 USD

Enterprise value

64.19B USD

the provider's own figure

EV / EBITDA

—

Price / book

1.41×

the provider's book

Price / earnings

16.97×

Return on equity

8.4%

the provider's figure, not this page's

Profit margin

23.2%

Revenue growth

51.8%

Analyst target, mean

62.46 USD

Analysts

20

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

USD2022202320242025
Income statement

Revenue

8.11B8.44B8.28B8.83B

Gross profit

————

Operating income

————

EBITDA

operating income before depreciation and amortisation

————

Pretax income

3.10B2.99B2.92B3.21B

Net income

2.45B2.35B2.32B2.52B

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

2.45B2.35B2.32B2.52B

R&D

————
Balance sheet, year end

Total assets

207.66B214.79B213.14B214.59B

Total liabilities

190.32B195.60B193.48B192.84B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

17.34B19.19B19.66B21.75B

Total debt

18.06B18.93B18.51B13.97B

Cash and equivalents

3.47B3.15B3.02B3.50B

Net PP&E

fixed assets after depreciation

3.33B3.32B3.32B3.74B

Working capital

current assets less current liabilities

————
Cash flow

Operating cash flow

6.43B4.51B2.83B4.52B

Capital expenditure

paid out, so below zero

-685.68M-516.52M-414.41M-709.71M

Depreciation and amortisation

436.44M462.46M495.49M554.55M

Free cash flow

operating cash flow plus capital expenditure

5.75B4.00B2.41B3.81B