Fifth Third Bancorp (NASDAQ:FITB) is named among the 14 High Yield Dividend Stocks with Sustainable Payouts. Truist raised the price target on FITB to $60 from $55 after a strong Q4 but reduced its FY26 EPS estimate to $4.18 due to the early close of the Comerica deal and higher tax rate projection.
Fifth Third reported higher fourth-quarter profit on January 20, driven by increased interest income from improved loan demand. Lower borrowing costs have made credit more accessible, boosting net interest income by 6% to $1.53 billion. Fee-based businesses like wealth and asset management and commercial payments also saw growth.
Despite overall growth, capital markets fees at Fifth Third slipped 2% to $121 million due to weaker loan syndication activity. The bank, which serves as the indirect holding company of Fifth Third Bank, National Association, continues to diversify its financial services offerings.
Read more at Yahoo Finance: Truist Lifts Fifth Third (FITB) Target After Strong Q4 but Trims FY26 EPS View
