Fifth Third Bancorp reported quarterly revenue of $3.26 billion, representing a 45.8% year-over-year increase. The reported revenue result exceeded the materiality threshold of $98 million and indicates significant annual growth. Quarterly EPS was $0.83, below analyst estimates, despite the substantial revenue increase.
Key facts
Fifth Third's current P/E ratio was reported as 23.8x, which Simply Wall Street said is significantly higher than the industry average. source
The Simply Wall Street article states Fifth Third's valuation is 8.2% undervalued with a fair value estimate of $62.75. source