What is Fifth Third Bancorp worth?
With the base-case assumptions below, a discounted cash flow model on Fifth Third Bancorp's reported free cash flow gives $65.87 per share. The share price was $54.14 on November 10, 2026, 18% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -4.0% | 10.0% | $33.85 | -37% |
| Base | 1.0% | 9.0% | $65.87 | +22% |
| Bull | 6.0% | 8.0% | $125.65 | +132% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $88.17 | $94.88 | $103.08 | $113.32 | $126.50 |
| 8.0% | $71.61 | $75.96 | $81.10 | $87.26 | $94.80 |
| 9.0% | $59.46 | $62.44 | $65.87 | $69.87 | $74.60 |
| 10.0% | $50.18 | $52.30 | $54.69 | $57.43 | $60.59 |
| 11.0% | $42.86 | $44.41 | $46.14 | $48.09 | $50.30 |
Where the presets come from
Base: years 1 to 5 grow at Fifth Third Bancorp's revenue growth rate over the last 5 fiscal years (1.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions