Fifth Third Bancorp
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Timothy N. Spence
- Full Time Employees
- 25,197
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 38 Fountain Square Plaza Cincinnati OH United States of America 45263
- IPO Date
- Mar 17, 1980
- CIK
- 0000035527
- Website
- 53.com
- Similar Companies
- Business
- Fifth Third Bancorp operates as a diversified financial services company primarily engaged in banking. The company offers a broad range of banking products and services including personal checking and savings accounts, certificates of deposit, money market accounts, credit products, business banking products such as business checking, savings, merchant services, and business credit cards. Its key segments include Commercial Banking, Branch Banking, Consumer Lending, and Wealth and Asset Management. Fifth Third also provides commercial payment solutions and treasury management services, supporting multi-location businesses with software for cash logistics and payments efficiency. Founded in 1858 and headquartered in Cincinnati, Ohio, Fifth Third Bancorp operates primarily in the United States with a strategic focus on expanding its footprint, notably in the Southeast region through a plan to open 200 new retail locations by 2028. The company also targets markets in Texas, California, and the Midwest. Recent major developments include Fifth Third's acquisition of DTS Connex in 2025, a cash management software firm enhancing its commercial payments and cash logistics capabilities. The company also entered a definitive merger agreement in October 2025 to acquire Comerica Incorporated in an all-stock transaction valued at $10.9 billion. This acquisition aims to accelerate Fifth Third's growth, increasing its scale to become the ninth-largest U.S. bank by assets, deposits, and loans, and expanding its presence in 17 of the 20 fastest-growing U.S. markets. Additionally, Fifth Third has broadened its private credit offerings through a partnership with Eldridge to better serve its Commercial Bank clients. The company emphasizes growth in commercial payments, treasury management, and wealth and asset management as key areas for stabilizing and increasing non-interest income. These strategic moves position Fifth Third Bancorp for significant deposit and loan growth, leveraging its enhanced scale, expanded geographic reach, and diversified product portfolio to capture market share in rapidly growing U.S. regions while providing comprehensive banking and financial services to retail, commercial, and institutional customers.
Company News
‘They’re Absolute Hogwash’: Ramsey Blacklists AmEx, a Stock Up 470% in 10 Years
Fifth Third Introduces Card Aimed at Debt Consolidation
Fifth Third Launches Truly Simple® Credit Card, Helping Customers Save on Interest and Simplify Their Finances
FITB Bets Big on Texas: Can Its Planned $1B Investment Drive Growth?
Fifth Third Bancorp Announces Earnings Release Dates for Fiscal Year 2027
Will FITB's Branch Expansion & Comerica Deal Pay Off for Investors?
Fifth Third Announces Dual Listing on NYSE Texas
Fifth Third Bancorp to Participate in the Barclays Global Financial Services Conference
Allworth Financial LP Takes Position in Fifth Third Bancorp $FITB
Advisors Capital Management LLC Takes $1.22 Million Position in Fifth Third Bancorp $FITB
Fifth Third Backs Payload's Embedded Payments Expansion
Fifth Third Bancorp (FITB) Could Be a Great Choice
Fifth Third Bancorp Commences Registered Exchange Offer
Fifth Third Bancorp Commences Registered Exchange Offer
Fifth Third's Jeanie® Named Best Chatbot by Tearsheet AI Innovation Awards
Fifth Third Named Among the Best and Brightest in Wellness by National Association for Business Resources
Bank of America Corp DE Has $785.61 Million Position in Fifth Third Bancorp $FITB
Fifth Third Begins Comerica Account Migration After Merger
Fifth Third Brings Lower Fees, Early Pay and New Everyday Banking Benefits to Comerica Customers
Fifth Third Bancorp $FITB Stock Position Raised by Bank of Nova Scotia