5 Best Small Bank Stocks To Invest In

3. Fifth Third Bancorp (NASDAQ:FITB)

Number of Hedge Fund Holders: 35

Fifth Third Bancorp (NASDAQ:FITB) is an American regional bank working to help individuals, families, businesses, and communities grow through smart financial services. The company is based in Cincinnati, Ohio.

Vivek Juneja at JPMorgan holds a Neutral rating and a $39 price target on Fifth Third Bancorp (NASDAQ:FITB) as of November 2.

Fifth Third Bancorp (NASDAQ:FITB) has a high dividend yield of over 4% and is trading at a discount compared to its competitors, making it an attractive bank stock pick. Analysts at Bank of America see the company’s earnings growing sharply over 2023. For 2022, the company’s EPS is expected to come in at $3.5, and for 2023, it’s expected to stand at $4.3, representing a growth 23% between 2022 and 2023.

Our hedge fund data shows 35 funds long Fifth Third Bancorp (NASDAQ:FITB) in the third quarter, with a total stake value of $393 million.

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