Fifth Third Bancorp FITB is optimistic about its growth prospects and has thus raised long-term financial targets, which were announced at an investors conference held recently. The key reason behind the positive expectations is the bank’s planned acquisition of Chicago-based MB Financial, per Fifth Third’s chief executive officer.In May 2018, Fifth Third entered into a $4.7 billion stock-cash acquisition deal with MB Financial, which is expected to be completed by the first quarter of 2019. Notably, successful integration of MB Financial and realization of expected financial benefits remain a strategic priority for Fifth Third.New Financial TargetsFurther, the company increased its return on tangible common equity target from 12-14% to 16% for the 2019 after considering rate hikes and tax law changes. It is further expected to increase to 18% in 2020, including 2% positive impact of the acquisition.Also, Fifth Third has a target of 1.35-1.45% for return on assets (ROA) by the end of next year, up from 1.1-1.3% previously expected. ROA is expected to increase to 1.55-1.65% by 2020. Also, efficiency ratio is expected to fall to low-50% in 2020 from 57% expected in 2019.Other DriversFifth Third expects loan growth, especially consumer loans, to be a major tailwind in 2019. Notably, commercial loans & leases are expected to increase nearly 5% in 2019, sequentially. Expense growth is expected to remain under control in 2019.Also, the company’s is focused on implementing the remaining North Star initiatives in order to achieve standalone financial targets.Our TakeFifth Third’s focus on strategic investments through North Star initiatives, which are expected to result in revenue growth, expense savings and operational excellence, is a key positive. Also, the company remains focused on creating long-term shareholder value by tapping profitable organic growth opportunities.Shares of Fifth Third have lost 11.5% over the past six months compared with 9.6% decline recorded by the industry it belongs to.The stock currently carries a Zacks Rank #3 (Hold).Stocks to ConsiderE*TRADE Financial Corporation ETFC has witnessed 6% upward estimate revision over the past 60 days. Also, the company’s shares have risen nearly 37% in the past two years. It sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.Citigroup C has witnessed 1.5% upward estimate revision for current-year earnings over the past 60 days. Also, the company’s shares have risen nearly 5% in the past two years. It carries a Zacks Rank #2 (Buy) at present.TD Ameritrade Holding Corporation AMTD Zacks Consensus Estimate for current-year earnings has been revised 2.1% upward over the past 60 days. Also, the company’s shares have risen nearly 21.2% in the past year. It carries a Zacks Rank of 2, at present.More Stock News: This Is Bigger than the iPhone!It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.Click here for the 6 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Citigroup Inc. (C): Free Stock Analysis Report Fifth Third Bancorp (FITB): Free Stock Analysis Report E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report To read this article on Zacks.com click here.