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FITB (Fifth Third Bancorp) Market Cap : $30,543 Mil (As of Dec. 13, 2024)


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What is Fifth Third Bancorp Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Fifth Third Bancorp's share price for the quarter that ended in Sep. 2024 was $42.84. Fifth Third Bancorp's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 676 Mil. Therefore, Fifth Third Bancorp's market cap for the quarter that ended in Sep. 2024 was $28,971 Mil.

Fifth Third Bancorp's quarterly market cap declined from Mar. 2024 ($25,445 Mil) to Jun. 2024 ($24,842 Mil) but then increased from Jun. 2024 ($24,842 Mil) to Sep. 2024 ($28,971 Mil).

Fifth Third Bancorp's annual market cap declined from Dec. 2021 ($29,735 Mil) to Dec. 2022 ($22,422 Mil) but then increased from Dec. 2022 ($22,422 Mil) to Dec. 2023 ($23,492 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Fifth Third Bancorp's Enterprise Value for Today is $47,586 Mil.


Fifth Third Bancorp Market Cap Historical Data

The historical data trend for Fifth Third Bancorp's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fifth Third Bancorp Market Cap Chart

Fifth Third Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,792.08 19,650.79 29,734.98 22,421.89 23,492.00

Fifth Third Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,249.48 23,492.00 25,444.64 24,841.99 28,971.36

Competitive Comparison of Fifth Third Bancorp's Market Cap

For the Banks - Regional subindustry, Fifth Third Bancorp's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fifth Third Bancorp's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fifth Third Bancorp's Market Cap distribution charts can be found below:

* The bar in red indicates where Fifth Third Bancorp's Market Cap falls into.



Fifth Third Bancorp Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Fifth Third Bancorp's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$34.49*681.125
=$23,492

Fifth Third Bancorp's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$42.84*676.269
=$28,971

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fifth Third Bancorp  (NAS:FITB) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Fifth Third Bancorp Market Cap Related Terms

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Fifth Third Bancorp Business Description

Address
38 Fountain Square Plaza, Cincinnati, OH, USA, 45263
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking branches and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.
Executives
Robert P Shaffer officer: EVP and CHRO 38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Kristine R. Garrett officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Jude Schramm officer: EVP and CIO 38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Mitchell Feiger director C/O MB FINANCIAL INC, 1200 NORTH ASHLAND AVE, CHICAGO IL 60622
Kevin P Lavender officer: EVP C/O AMSURG CORPORATION, 20 BURTON HILLS BLVD., 5TH FLOOR, NASHVILLE TN 37215
Susan B Zaunbrecher officer: EVP and CLO 38 FOUNTAIN SQUARE PLAZA MD 10909F, CINCINNATI OH 45263
Kala Gibson officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
James C. Leonard officer: SVP & Treasurer 38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263
Timothy Spence officer: EVP & CSO 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
C. Bryan Daniels director MB FINANCIAL INC/MD, 6111 NORTH RIVER ROAD, ROSEMONT IL 60018
Kathleen A Rogers director US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Laurent Desmangles director 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Gary R Heminger director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Howard Hammond officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263