Fifth Third Bancorp logo

Fifth Third Bancorp FITB

Market Closed
21 Jun, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
36. 06
+0.14
+0.39%
After Hours
$
36. 45
+0.39 +1.08%
26.38B Market Cap
9.98 P/E Ratio
1.38% Div Yield
6,420,800 Volume
3.37 Eps
$ 35.92
Previous Close
Day Range
35.5 36.12
Year Range
22.49 39.14

FITB Chart

Fifth Third Bancorp Profile

Banks - Regional Industry
Financial Services Sector
Mr. Timothy N. Spence CEO
NASDAQ (NGS) Exchange
US3167731005 ISIN
US Country
18,657 Employees
15 Apr 2024 Last Dividend
17 Jul 2000 Last Split
26 Mar 1990 IPO Date

Overview

Fifth Third Bancorp, a prestigious bank holding company, boasts a rich heritage dating back to 1858, with its headquarters nestled in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, National Association, the company shines in delivering a comprehensive suite of financial services across the United States. It skillfully navigates the financial landscape via three primary segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. These segments collectively cater to a broad spectrum of clientele, encompassing business, government, and individual needs, underpinning the economy through credit intermediation, asset management, and a myriad of financial services.

Products and Services

  • Commercial Banking

    This segment serves as the backbone for business, government, and professional clients by offering credit intermediation, cash management, and an array of financial services. Key offerings include lending and depository products; sophisticated cash management; tailored solutions in foreign exchange and international trade finance; derivatives and capital markets services; asset-based lending; comprehensive real estate finance; public finance; commercial leasing; and syndicated finance. By addressing the complex financial needs of businesses and institutions, the segment propels economic growth and facilitates international trade.

  • Consumer and Small Business Banking

    Focused on individuals and small enterprises, this segment provides essential banking solutions to solidify financial foundations. Offerings encompass a variety of deposit and loan products tailored to personal and small business needs; home equity loans and lines of credit; credit cards; and adept cash management services. Also under this umbrella is residential mortgage lending, including loan origination, servicing, and securitization; indirect lending through partners such as automobile, motorcycle, powersport, recreational vehicle, and marine dealers; and financing for home improvements and solar installations via contractor networks. Through these efforts, the segment empowers personal financial growth and supports the backbone of the economy—small businesses.

  • Wealth & Asset Management

    With a focus on enhancing the financial well-being of individuals, companies, and non-profits, this segment delivers a rich suite of wealth management services. Included are retail brokerage to individual investors; broker-dealer services targeting the institutional market; and comprehensive planning, investment management, banking, insurance, and trust and estate services. Additionally, it offers advisory services tailored to the special needs of middle-market businesses, non-profits, states, and municipalities, embodying a holistic approach to wealth and asset management for a diverse client base.

Contact Information

Address: 38 Fountain Square Plaza, Cincinnati, OH, United States, 45263
Phone: 800 972 3030