OverviewSuggest Edit

Fifth Third Bancorp is a diversified financial services company. It operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. The company provides a range of financial products and services including checking, savings and money market accounts, wealth management solutions, payments and commerce solutions, insurance services, and credit products. It serves commercial, financial, retail, governmental, educational, energy, and healthcare sectors.

TypePublic
Founded1858
HQCincinnati, OH, US
Website53.com
Employee Ratings3.7
Overall CultureC

Latest Updates

Employees (est.) (Sept 2020)20,283
Job Openings1,137
Revenue (FY, 2020)$559 M(-94%)
Share Price (Sept 2021)$38.8
Cybersecurity ratingBMore

Key People/Management at Fifth Third Bancorp

Greg Carmichael

Greg Carmichael

Chairman of the Board and Chief Executive Officer
Lars C. Anderson

Lars C. Anderson

Executive Vice President and Vice Chairman of Commercial Banking Strategic Growth Initiatives
Susan B. Zaunbrecher

Susan B. Zaunbrecher

Executive Vice President, Chief Legal Officer and Corporate Secretary
Tayfun Tuzun

Tayfun Tuzun

Executive Vice President and Chief Financial Officer
Melissa Stevens

Melissa Stevens

Executive Vice President, Chief Digital Officer​
Timothy N. Spence

Timothy N. Spence

President
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Fifth Third Bancorp Office Locations

Fifth Third Bancorp has an office in Cincinnati
Cincinnati, OH, US (HQ)
38 Fountain Square Plaza
Cincinnati, OH, US
5001 Kingsley Dr
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Fifth Third Bancorp Financials and Metrics

Fifth Third Bancorp Revenue

Fifth Third Bancorp's revenue was reported to be $559 m in FY, 2020
USD

Revenue (Q1, 2021)

144.0m

Net income (Q1, 2021)

694.0m

Market capitalization (9-Sept-2021)

26.5b

Closing stock price (9-Sept-2021)

38.8

Cash (31-Mar-2021)

3.1b

EV

38.2b
Fifth Third Bancorp's current market capitalization is $26.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.7b8.0b9.8b559.0m

Revenue growth, %

3%23%

Cost of goods sold

691.0m1.0b1.5b

Gross profit

7.0b6.9b8.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

2.1b2.0b1.9b2.5b2.3b2.4b2.2b2.1b2.1b144.0m

Cost of goods sold

210.0m249.0m272.0m351.0m660.0m740.0m296.0m203.0m159.0m

Gross profit

1.9b1.8b1.6b2.2b1.6b1.6b1.9b1.9b1.9b

Gross profit Margin, %

90%88%86%86%71%69%87%90%92%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.5b2.7b3.3b3.1b

Accounts Receivable

90.8b94.2b108.4b

PP&E

2.0b1.9b2.0b2.1b

Goodwill

2.4b2.5b4.3b4.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

2.0b2.1b2.1b2.7b2.8b3.3b3.3b3.2b3.0b3.1b

Accounts Receivable

90.8b90.9b92.4b108.7b108.2b108.3b115.7b112.4b108.2b

PP&E

2.0b1.9b1.9b2.1b2.1b2.1b2.0b2.1b2.1b2.1b

Goodwill

2.5b2.5b2.5b4.3b4.3b4.3b4.3b4.3b4.3b4.3b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

2.2b2.2b2.5b1.4b

Depreciation and Amortization

341.0m360.0m517.0m492.0m

Accounts Payable

(659.0m)5.7b3.7b

Cash From Operating Activities

1.5b2.9b1.8b371.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

704.0m1.3b1.7b775.0m1.2b1.8b46.0m243.0m823.0m694.0m

Depreciation and Amortization

93.0m226.0m275.0m92.0m215.0m289.0m118.0m231.0m358.0m32.0m

Accounts Payable

2.3b969.0m1.2b339.0m2.1b2.0b8.0b29.9b29.6b

Cash From Operating Activities

265.0m1.3b1.9b534.0m808.0m445.0m433.0m2.0b2.0b(366.0m)
USDFY, 2017

Revenue/Employee

431.9k

Debt/Equity

1.2 x

Debt/Assets

0.1 x

Financial Leverage

8.7 x
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Fifth Third Bancorp Operating Metrics

Fifth Third Bancorp's Total Loans was reported to be $113.1b in Q3, 2020. Fifth Third Bancorp's Assets Under Management was reported to be $53b in Q3, 2020.
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Fifth Third Bancorp Acquisitions / Subsidiaries

Company NameDateDeal Size
Franklin Street PartnersAugust 30, 2018
MB FinancialMay 21, 2018$4.7 b
Epic Insurance SolutionsSeptember 15, 2017
R.G. McGraw Insurance AgencyFebruary 17, 2017
Retirement Corporation of AmericaJanuary 19, 2017
South Florida Bank Holding CorporationJune 11, 1999
Emerald Financial CorpMarch 01, 1999
Ashland BanksharesSeptember 08, 1998
State Savings CompanyJune 19, 1998
1208 N Ocean Boulevard LLC
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Fifth Third Bancorp Revenue Breakdown

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Fifth Third Bancorp revenue breakdown by business segment: 41.8% from Commercial Banking , 37.4% from Branch Banking, 7.9% from Wealth and Asset Management, 7.3% from Consumer Lending and 5.5% from General Corporate and Other

Human Capital Metrics

Source: craft.co
Embed Graph
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Fifth Third Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Fifth Third Bancorp Online and Social Media Presence

Embed Graph

Fifth Third Bancorp Company Culture

  • Overall Culture

    C

    63/100

  • CEO Rating

    D

    60/100

  • Compensation

    C+

    65/100

  • Diversity

    D-

    49/100

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Fifth Third Bancorp News and Updates

FIFTH THIRD INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fifth Third Bancorp - FITB

NEW ORLEANS, July 31, 2020 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Fifth Third Bancorp (NasdaqGS: FITB). On March 9, 2020, the U.S....

FIFTH THIRD 24 HOUR DEADLINE ALERT: FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK & FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Fifth Third Bancorp - FITB

NEW ORLEANS, June 7, 2020 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until June 8, 2020 to file lead plaintiff applications in a securities class action lawsuit...

FIFTH THIRD LOSS ALERT, ROSEN, A TOP RANKED INVESTOR FIRM, Reminds Fifth Third Bancorp Investors of Important Deadline in Securities Class Action - FITB

NEW YORK, May 24, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Fifth Third Bancorp (NASDAQ: FITB) between February 26, 2016, and March 6, 2020, inclusive (the "Class Period") of the important June 8, 2020 lead plaintiff...

FIFTH THIRD INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In Fifth Third Bancorp To Contact The Firm

NEW YORK, May 21, 2020 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Fifth Third Bancorp ("Fifth Third" or the "Company"). If you invested in Fifth Third stock or options and would like to discuss your legal rights,...

FIFTH THIRD DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Fifth Third Bancorp To Contact The Firm

NEW YORK, May 20, 2020 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Fifth Third Bancorp ("Fifth Third" or the "Company") of the June 8, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been...

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CHICAGO, Feb. 1, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMZN, CVX, FITB, MA, and MO. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options ...
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Fifth Third Bancorp Frequently Asked Questions

  • When was Fifth Third Bancorp founded?

    Fifth Third Bancorp was founded in 1858.

  • Who are Fifth Third Bancorp key executives?

    Fifth Third Bancorp's key executives are Greg Carmichael, Lars C. Anderson and Susan B. Zaunbrecher.

  • How many employees does Fifth Third Bancorp have?

    Fifth Third Bancorp has 20,283 employees.

  • What is Fifth Third Bancorp revenue?

    Latest Fifth Third Bancorp annual revenue is $559 m.

  • What is Fifth Third Bancorp revenue per employee?

    Latest Fifth Third Bancorp revenue per employee is $27.6 k.

  • Who are Fifth Third Bancorp competitors?

    Competitors of Fifth Third Bancorp include Capital One, Wells Fargo and U.S. Bancorp.

  • Where is Fifth Third Bancorp headquarters?

    Fifth Third Bancorp headquarters is located at 38 Fountain Square Plaza, Cincinnati.

  • Where are Fifth Third Bancorp offices?

    Fifth Third Bancorp has an office in Cincinnati.

  • How many offices does Fifth Third Bancorp have?

    Fifth Third Bancorp has 2 offices.