Fitb stock price recent earnings reports showed FITB

Recent earnings reports showed FITB stock price growth of 3% week-over-week, backed by loan portfolio expansion. Analysts forecast the stock could test $38 within two months if consumer lending demand continues. Looking at this fiscal year, FITB expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $3.51 per share, which represents a year-over-year growth rate of 4.15%. Despite delivering better-than-expected results, Fifth Third Bancorp’s stock prices dropped 1% in the trading session following the release of its Q2 results on Jul. 17. The company reported a solid 7.8% year-over-year growth in net interest income (NII) to $1.5 billion and 7.9% growth in non-interest income to $750 million. Overall, its topline came in at $2.25 billion, beating the Street’s expectations by a small margin. However, the growth in NII isn’t a sustainable growth as it was a result of total interest expense falling faster than total interest income. Meanwhile, its adjusted EPS came in at $0.90, 3.5% ahead of the consensus estimates. FITB stock price has seen increased institutional accumulation according to latest Nasdaq data. This uptick in large-scale buying is often interpreted as a signal for medium-term price appreciation toward the $37–$38 level.