Fifth Third Bancorp (NASDAQ: FITB) — Company Overview, News & Financial Data
Fifth Third Bancorp is a bank holding company and financial services institution headquartered in Cincinnati, Ohio.
Fifth Third Bancorp
Fifth Third Bancorp is a bank holding company and financial services institution headquartered in Cincinnati, Ohio. The company operates through main business divisions including Personal Banking, Commercial Banking, Business Banking, and Wealth Management. It provides checking and savings accounts, home mortgages, auto loans, credit cards, commercial lending, treasury management, equipment financing, and capital markets advisory services. Fifth Third serves individual consumers, small businesses, mid-sized corporations, and institutional clients across regional branch networks in the Midwestern and Southeastern United States, along with digital and mobile banking platforms.
Snapshot
Operations
Products and/or services of Fifth Third Bancorp
- Commercial Banking: Provides commercial lending, equipment financing, treasury management, trade finance, asset-based lending, and corporate banking solutions to middle-market, large corporate, and institutional clients across diverse industrial sectors.
- Consumer Banking: Offers personal checking and savings accounts, certificates of deposit, credit and debit cards, home mortgages, equity lines of credit, auto financing, personal loans, and digital banking platforms to individual retail customers.
- Small Business Banking: Delivers tailored business checking and savings accounts, Small Business Administration (SBA) loans, credit card solutions, healthcare financing, merchant payment processing, and payroll management services for small and medium enterprises.
- Wealth Management: Provides comprehensive private banking, customized investment management, estate planning, trust administration, family wealth advisory, and institutional trust and custody services for high-net-worth individuals, families, and institutions.
- Capital Markets: Offers debt and equity capital markets underwriting, mergers and acquisitions advisory, fixed income sales and trading, public finance, financial risk management, and specialized corporate investment banking services.
- Commercial Payments: Delivers integrated payables and receivables solutions, instant payments, healthcare revenue cycle management, liquidity management, global treasury services, title and escrow services, and electronic fraud mitigation services for commercial clients.
Fifth Third Bancorp executive team
- Mr. Timothy N. SpenceChairman, CEO & President
- Mr. Bryan D. PrestonExecutive VP & CFO
- Mr. James C. Leonard CPAExecutive VP & COO
- Mr. Robert P. ShafferExecutive VP & Chief Risk Officer
- Mr. Kevin Patrick LavenderEVP & Vice Chair of Commercial Bank
- Mr. Jeffrey A. LopperSenior VP & Chief Accounting Officer
- Mr. Jude A. SchrammExecutive VP & Chief Information Officer
- Mr. Matt CuroeSenior Director of Investor Relations
- Mr. Christian Gonzalez Esq.Executive VP & Chief Legal Officer
- Ms. Melissa S. StevensExecutive VP & Chief Marketing Officer