Fifth Third Bancorp

Fifth Third Bancorp engages in the provision of banking & financial services, retail & commercial banking, consumer lending services, and investment advisory services through its subsidiary Fifth Third Bank. It operates through the following segments: Commercial Banking, Branch Banking, Consumer Lending and Wealth and Asset Management. The Commercial Banking segment offers credit intermediation, cash management, and financial services to large and middle-market businesses. The Branch Banking segment provides deposit, loan, and lease products to individuals and small businesses. The Consumer Lending segment includes residential mortgage, home equity, automobile, and indirect lending activities. The Wealth & Asset Management segment provides investment alternatives for individuals, companies, and not-for-profit organizations. The company was founded in 1975 and is headquartered in Cincinnati, OH.

Earnings data Q1 2021

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Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Fifth Third Bancorp posts record revenue in Q4 2022, eyes strong 2023 growth

Fifth Third Bancorp's strong Q4 2022 performance and robust outlook for 2023 highlight its resilience and growth potential. While facing challenges in fee income and market recovery, the company's focus on strategic investments and capital management positions it well for the future. Opportunities in deposit growth, technology, and customer origination offer avenues for sustained growth.

Fifth Third Bancorp reports robust Q1 earnings and strategic growth plans

Fifth Third Bancorp's Q1 performance reflects strong earnings growth and a focus on stability amidst sector challenges. The bank's emphasis on ethical practices, credit quality, and proactive capital management positions it well for future growth. Addressing challenges in deposit competition and regulatory changes while pursuing growth opportunities will be key for sustained success.

Fifth Third Bancorp reports robust Q2 earnings amid economic uncertainties

Fifth Third Bancorp delivered strong Q2 results amidst economic uncertainties, focusing on strategic balance sheet adjustments and risk management. The bank's proactive approach to adapting to regulatory changes and optimizing operations positions it well for future growth.

Fifth Third Bancorp reports robust Q3 performance and eyes loan growth opportunities

Fifth Third Bancorp delivered solid performance with strong credit metrics and deposit growth.
The bank's disciplined underwriting and proactive risk management are key strengths.
Challenges include customer caution and improving efficiency ratio in 2024.
Opportunities lie in fixed rate loan repricing benefits and potential loan growth next year.

Fifth Third Bancorp posts record revenue and plans for growth

Fifth Third Bancorp delivered strong financial performance in 2023, emphasizing record revenue, balanced growth, and profitability metrics.
While facing challenges in loan growth and interest income, the bank's defensive balance sheet, strategic investments, and growth opportunities position it for continued success.
By focusing on regulatory compliance, capital strength, and market expansion, Fifth Third Bancorp aims to navigate challenges and leverage opportunities for sustainable growth and shareholder value.

Fifth Third Bancorp reports robust Q1 performance amidst industry shifts

Fifth Third Bancorp's Q1 2024 performance showcased strong financial metrics, with a focus on fee income growth and expense management. Despite challenges in NPAs and solar financing, the company is poised to capitalize on opportunities in Texas and fixed rate asset repricing. Strategic focus on liquidity and diversification aligns with industry trends towards rationalizing business models.

Fifth Third Bancorp (FITB) exceeds earnings forecast, strengthens key segments

Fifth Third Bancorp (FITB) delivered strong financial results, surpassing earnings expectations and demonstrating solid profitability metrics.
The bank's strategic investments in key growth areas like wealth management and commercial payments have fueled revenue growth and enhanced its capital position.
While navigating economic uncertainties, FITB remains focused on maintaining flexibility, managing risks, and exploring opportunities for sustained growth and shareholder value.

Fifth Third Bancorp beats earnings estimates, eyes revenue growth

FITB exceeded earnings expectations, maintained strong financial metrics, and focused on strategic investments.
While facing rising expenses and economic uncertainties, FITB aims for revenue growth and operational efficiency.
The bank's confidence in its competitive position and value proposition signals a positive outlook.
Continued focus on stability, profitability, and growth through strategic investments and digital capabilities.

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Fifth Third Bancorp is a bank holding company, which engages in the provision of diversified financial services. It operates through the following segments: Commercial Banking, Consumer and Small Business Banking, Wealth and Asset Management, and General Corporate and Other. The Commercial Banking segment offers credit intermediation, cash management, and financial services to large and middle-market businesses and government and professional customers. The Consumer and Small Business Banking segment provides a full range of deposit and loan products to individuals and small businesses through a network of full-service banking centers and relationships with indirect and correspondent loan originators in addition to providing products designed to meet the specific needs of small businesses, including cash management services. The Wealth and Asset Management segment is involved in wealth management solutions for individuals, companies, and not-for-profit organizations including wealth planning, investment management, banking, insurance, trust, and estate services. The General Corporate and Other segment focuses on the unallocated portion of the investment securities portfolio, securities gains and losses, certain non-core deposit funding, unassigned equity, unallocated provision for credit losses or a benefit from the reduction of the allowance for credit losses, the payment of preferred stock dividends, and certain support activities. The company was founded on October 7, 1974 and is headquartered in Cincinnati, OH.

Fifth Third Bancorp (FITB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fifth Third Bancorp (FITB) Reports Next Week: Wall Street Expects Earnings Growth

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, today joined the Office of the Comptroller of the Currency's Project REACh initiative.

Fifth Third Bank Announces Participation in Office of the Comptroller's Project REACh

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, has been named one of the best places to work for people with disabilities as part of the 2021 DEI.

Fifth Third Bank Named a Best Place to Work for Disability Inclusion

Fifth Third Bancorp (FITB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Fifth Third Bancorp (FITB) Keep the Earnings Surprise Streak Alive?

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that its subsidiary, Fifth Third Bank, National Association (the “Bank”), has submitted a redemption notice to the issuing and paying agent for redemption of all of the Bank's outstanding 2.875% fixed rate senior notes due October 1, 2021 (CUSIP 31677QBC2) issued in the principal amount of $850 million. The Bank notes will be redeemed on September 1, 2021 pursuant to their terms and conditions for an amount equal to

Fifth Third Bank Announces Redemption of Senior Bank Notes due October 1, 2021

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CINCINNATI--(BUSINESS WIRE)--Fifth Third Publishes 2020 Environmental, Social and Governance Report.

Fifth Third Publishes 2020 Environmental, Social and Governance Report

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank and the National Urban League today announced a new workforce development program that will provide career advancement opportunities.

Fifth Third Invests $1 Million into National Urban League Workforce Development Program

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CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank Offers Early Pay for Direct Deposits; Fifth Third Momentum Checking Allows Customers to Access Paychecks Up to Two Days Early

Fifth Third Bank Offers Early Pay for Direct Deposits

Fifth Third's (FITB) acquisition of Provide will facilitate it to capture growth opportunities in the healthcare segment, while offering scope to diversify and increase fee revenues.

Fifth Third (FITB) Inks Deal to Acquire Fintech Company Provide

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank announced a definitive agreement to acquire Provide, a digital platform for healthcare practices.

Fifth Third Announces Acquisition of Provide, a Fintech Company Serving Healthcare Practices Nationally

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank's annual “Feeding Our Communities” initiative provided more than 4.6 million meals in May to fight hunger across its footprint. The monthlong effort involved virtual volunteer activities by employees and monetary donations, including customer-purchased Shield of Recognition sales. Feeding America®, the nation's largest domestic hunger-relief organization which has a network of 200 food banks across the country, projects that 42 million people, inclu

Fifth Third Bank, Employees, Customers Provide More Than 4.6 Million Meals for Families

CINCINNATI--(BUSINESS WIRE)--Fifth Third Community Development Corp., a wholly owned subsidiary of Fifth Third Bancorp, has announced it is investing an additional $2.5 million in Detroit-based First Independence Bank. The move makes Fifth Third the largest investor at a total of $5.5 million in the minority depository institution and community development financial institution (CDFI). “CDFIs are critical to creating and preserving wealth in minority communities,” said Kala Gibson, Fifth Third

Fifth Third Boosts Investment in Detroit Minority Depository Institution

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CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, has been named to the Forbes list of Best Employers for New Graduates 2021.

Fifth Third Bank Named to Forbes Best Employers for New Graduates 2021 List

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association, celebrates the completion of a new signature two-story welcome atrium, a newly designed next-generation financial center, renovated and expanded retail space, as well as the Fifth Third Museum and Fifth Third Stage. The expansive “Project Connect” brings together the Bank's two office towers at the first and second levels with a new 12,000 square foot entryway to Fifth Third Bank that reflects its values and transformation. “B

Fifth Third Celebrates Headquarters Renewal and Expansion

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) is expected to report financial results and host conference calls to discuss results on the following dates: Fourth Quarter 2021 – Thursday, January 20, 2022 First Quarter 2022 – Tuesday, April 19, 2022 Second Quarter 2022 – Thursday, July 21, 2022 Third Quarter 2022 – Thursday, October 20, 2022 Financial results are expected to be available at approximately 6:30 AM ET, on each of those dates, with conference calls expected to begi

Fifth Third Bancorp Announces Earnings Release Dates for 2022

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) will attend the 2021 Morgan Stanley US Financials, Payments & CRE Conference on June 16, 2021 at approximately 8:00 AM ET. Greg Carmichael, chairman and chief executive officer, will present on behalf of the Company and will be joined by Jamie Leonard, executive vice president and chief financial officer. Audio webcast and any presentation slides may be viewed live and for approximately 14 days after the conference through the

Fifth Third Bancorp to Attend the 2021 Morgan Stanley US Financials, Payments & CRE Conference

CINCINNATI--(BUSINESS WIRE)--Fifth Third Expands Down Payment Assistance to Help More Buyers

Fifth Third Expands Down Payment Assistance to Help More Buyers

Fifth Third Bancorp (FITB) reported earnings 30 days ago. What's next for the stock?

Why Is Fifth Third Bancorp (FITB) Up 11.6% Since Last Earnings Report?

In a major step forward in Fifth Third's (FITB) pursuit to lead among regional banks in shifting to a more sustainable future, the bank has joined forces with The Ceres Company Network.

Fifth Third (FITB) Joins Forces With Ceres Company Network

CINCINNATI--(BUSINESS WIRE)--Fifth Third Joins Ceres Company Network; Latest Step in Accelerating Transition to a Sustainable Future

Fifth Third Joins Ceres Company Network; Latest Step in Accelerating Transition to a Sustainable Future

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News for Fifth Third Bancorp Stock (FITB)