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Fifth Third Bank

Stock Price

$44

2024-10-29

Market Capitalization

$29.8 B

2024-10-29

Revenue

$577 M

FY, 2023

Fifth Third Bank Summary

Company Summary

Overview
Fifth Third Bank is a company that provides personal and business banking products and services. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The Commercial Banking segment offers credit intermediation, cash management, and financial services to large and middle-market businesses, government, and professional customers. The Consumer and Small Business Banking segment provides deposit and loan products to individuals and small businesses through a network of banking centers and relationships with indirect and correspondent loan originators including cash management services. The Wealth and Asset Management segment is focused on wealth management solutions for individuals, companies, and not-for-profit organizations as well as wealth planning, investment management, banking, insurance, trust, and estate services. The company caters to commercial, financial, retail, governmental, educational, energy, healthcare, and other industries.
Type
Public
Status
Active
Founded
1858
HQ
Cincinnati, OH, US | view all locations
Website
https://www.53.com
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Timothy N. Spence

    Timothy N. Spence, Chairman, Chief Executive Officer and President​

  • Robert P. Shaffer

    Robert P. Shaffer, Executive Vice President and Chief Risk Officer

  • Jude A. Schramm

    Jude A. Schramm, Executive Vice President and Chief Information Officer

  • Dan Feldmann

    Dan Feldmann, Senior Vice President & Commercial Banking Executive, Greater Cincinnati Region

Operating MetricsView all

Non-accrual Loans

$570M
9.2%

Q3, 2023

Total Loans

$120.7B

Q3, 2023

Assets Under Management

$57B
6.6%

Q3, 2023

LocationsView all

3 locations detected

  • Cincinnati, OH HQ

    United States

    38 Fountain Square Plaza

  • Cincinnati, OH

    United States

    5050 Kingsley Dr., MD# 1MOCOP

  • London, England

    United Kingdom

    68 King William Street

Fifth Third Bank Financials

Summary Financials

Revenue (Q3, 2024)
$161.0M
Net income (Q3, 2024)
$573.0M
Cash (Q3, 2024)
$3.2B
Enterprise value
$43.6B

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