fifth third bank


Fifth Third Bancorp, headquartered in Cincinnati, Ohio, stands as a prominent player in the financial services sector, serving as the indirect parent company of Fifth Third Bank, National Association. Established in 1858, the bank has evolved into a diversified financial institution, boasting significant assets and a widespread presence across multiple states. This comprehensive exploration delves into various aspects of Fifth Third Bank, covering its history, leadership, financial performance, stock information, accolades, and recent news.

About Fifth Third Bank

Fifth Third Bancorp, with assets totaling $211 billion as of March 31, 2022, operates 1,079 full-service Banking Centers and 2,201 Fifth Third branded ATMs. Its geographical footprint spans Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Additionally, customers have access to approximately 54,000 fee-free ATMs across the United States.

Leadership Insight

Tim Spence – President of Fifth Third Bancorp

Tim Spence serves as the President of Fifth Third Bancorp, overseeing all business lines and regions. With a strategic vision, Spence plays a pivotal role in shaping the bank’s trajectory. His leadership is reflected in the bank’s commitment to delivering exceptional financial services.

Kala Gibson – Executive Vice President and Chief Corporate Responsibility Officer

Kala Gibson, in his role as Executive Vice President and Chief Corporate Responsibility Officer, contributes to Fifth Third Bank’s commitment to corporate social responsibility. His responsibilities include overseeing initiatives that align the bank’s operations with social and environmental responsibility.

Key Information

Industry: Banks

Founded: 1858

Headquarters: Cincinnati, Ohio

Country/Territory: United States

Chief Executive Officer: Tim Spence

Employees: 20,000

Recognition and Awards

In 2024, Fifth Third Bank secured the #223 position for Best Customer Service, reflecting its dedication to providing an excellent customer experience. Moreover, the bank has been recognized among America’s Best Employers By State, showcasing its commitment to creating a positive workplace environment.

Financial Overview

Fifth Third Bank Financial Summary

The financial health of Fifth Third Bank is robust, with a summary indicating:

  • Revenue: $10.4 billion
  • Assets: $208.7 billion
  • Profits: $2.5 billion

Stock Information

Fifth Third Bank (FITB) Stock Key Data

Understanding the stock performance is crucial for investors. As of the latest data:

  • Previous Close: $33.27
  • Open: $33.32
  • Day’s Range: $33.32 – $33.98
  • Volume: 3,680,929
  • 52 Week Range: $22.11 – $36.67
  • Market Cap: $23.14 billion
  • P/E Ratio (ttm): 10.55
  • Forward P/E: 10.74
  • Dividend Yield: 4.21%
  • Ex-Dividend Date: Dec 28, 2023

For more detailed market data, visit S&P Global.

Recent News

In the dynamic world of finance and business, staying abreast of recent developments is crucial. Here are some noteworthy news pieces related to Fifth Third Bank:


In conclusion, Fifth Third Bank stands as a formidable force in the financial landscape, combining a rich history with a commitment to innovation and customer satisfaction. Led by President Tim Spence and supported by dedicated leaders like Kala Gibson, the bank continues to make significant strides in the industry. Its financial performance, accolades, and recent news showcase a dynamic and resilient institution that remains a key player in the ever-evolving world of finance. Investors, customers, and industry observers alike can find assurance in Fifth Third Bank’s unwavering commitment to excellence.

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