Evercore ISI Raises Fifth Third Bancorp (FITB) Price Target After Q4 Earnings Review

Fifth Third Bancorp (NASDAQ:FITB) is included among 13 Best Long Term Low Risk Stocks to Buy Now.

On February 5, Evercore ISI lifted its price target on Fifth Third Bancorp (NASDAQ:FITB) to $57 from $52 and kept an In Line rating. The update followed the bank’s Q4 earnings release and revised forecasts.

Earlier, on January 20, Fifth Third posted higher fourth-quarter profits, helped by stronger interest income as loan demand picked up. A steadier economic backdrop, recent rate cuts by the Federal Reserve, and easing tariff worries have improved sentiment across the US economy. With confidence improving, both consumers and businesses have shown a greater willingness to borrow.

Lower borrowing costs also played a role, making credit easier to access and trimming interest expenses on new and existing loans. Net interest income rose 6% to $1.53 billion, while total loans increased 5%. Fee-based businesses also delivered solid results. Wealth and asset management revenue climbed 13% to a quarterly record of $185 million. Commercial payments revenue was up 8%, and assets under management grew roughly 16% to $80 billion.

Not every segment moved higher. Capital markets fees dipped 2% to $121 million, largely reflecting softer loan syndication activity.

Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services firm and operates as the indirect holding company for Fifth Third Bank, National Association.

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