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 $65.26 per share. The share price was $52.10 on September 25, 2026, 20% 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% | $33.24 | -36% |
| Base | 1.0% | 9.0% | $65.26 | +25% |
| Bull | 6.0% | 8.0% | $125.04 | +140% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $87.56 | $94.27 | $102.47 | $112.71 | $125.89 |
| 8.0% | $71.00 | $75.35 | $80.49 | $86.65 | $94.19 |
| 9.0% | $58.85 | $61.83 | $65.26 | $69.26 | $73.99 |
| 10.0% | $49.57 | $51.69 | $54.08 | $56.82 | $59.98 |
| 11.0% | $42.25 | $43.80 | $45.53 | $47.48 | $49.69 |
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