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Fifth Third Bancorp Executives Cash In on Major Stock Sales

Fifth Third Bancorp Executives Cash In on Major Stock Sales

New insider activity at Fifth Third Bancorp ( (FITB) ) has taken place on February 22, 2025.

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Three executives from Fifth Third Bancorp have recently made significant stock sales. EVP Kala Gibson sold 13,192 shares, generating a total of $577,460. EVP Kevin Lavender sold 30,524 shares, amounting to $1,333,820. Additionally, EVP & COO James Leonard sold 29,229 shares, totaling $1,291,269. These transactions highlight substantial movements among the company’s leadership team.

Recent Updates on FITB stock

In the past 24 hours, Fifth Third Bancorp’s stock has experienced analyst revisions following its strong Q4 earnings report. The company reported an impressive earnings per share of $0.90 and a robust return on equity, which were key factors in price target adjustments. DA Davidson raised its price target, citing the company’s positive earnings outlook and strong revenue momentum driven by net interest margin expansion and loan growth. Truist also increased its price target, reflecting the Q4 results and management’s optimistic guidance for 2025, including expectations for continued loan and deposit growth. Conversely, Piper Sandler slightly lowered its price target but highlighted improvements in earnings estimates following the updated outlook. Overall, analysts acknowledge Fifth Third’s solid financial performance and growth prospects, while also noting potential challenges such as credit quality issues and rising deposit costs.

More about Fifth Third Bancorp

YTD Price Performance: 3.41%

Average Trading Volume: 4,441,633

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $29.24B

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