Company Fifth Third Bancorp

Equities

FITB

US3167731005

Banks

Market Closed - Nasdaq 04:00:00 2023-12-08 pm EST Intraday chart for Fifth Third Bancorp 5-day change 1st Jan Change
31.25 USD +1.43% +2.19% -4.75%

Business Summary

Fifth Third Bancorp is a banking group primarily organized around five sectors of activity:

- commercial banking (31.4% of Net Banking Product): sales of banking and financial products and services to medium-sized and large businesses, government institutions, and professionals;

- retail banking (25.6%): sales of banking products and services to individuals and small businesses;

- consumer financing (11.8%): automobile loans, mortgage lending, real estate lending, student loans, etc.;

- investment services (1.8%): investment consulting services, asset management, brokerage services, etc.;

- other (29.4%).

At the end of 2021, the group had USD 169.3 billion in current deposits and USD 110.2 billion in current loans.

The products and services are marketed through a network of 1,117 banking centers located in the United States.

Number of employees : 18,804

Sales per Business

USD in Million2021Weight2022Weight Delta
Consumer and Small Business Banking
50.0 %
- - 4,184 50.0 % -
Commercial Banking
46.4 %
2,945 37.3 % 3,882 46.4 % +31.82%
Wealth and Asset Management
9.6 %
658 8.3 % 807 9.6 % +22.64%
General Corporate and Other
-3.8 %
1,525 19.3 % -321 -3.8 % -121.05%
Eliminations
-2.1 %
-180 -2.3 % -177 -2.1 % -1.67%

Sales per region

USD in Million2021Weight2022Weight Delta
United States
100.0 %
7,888 100.0 % 8,375 100.0 % +6.17%

Managers

Managers TitleAgeSince
Chief Executive Officer 44 2015
Director of Finance/CFO 53 1998
Chief Tech/Sci/R&D Officer 50 2018
Investor Relations Contact - -
Human Resources Officer - -
Corporate Officer/Principal - 2014
Corporate Officer/Principal - 2010
Corporate Officer/Principal 53 2014
Corporate Officer/Principal 48 2016
Corporate Secretary 45 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 2011
Director/Board Member 62 2019
Director/Board Member 64 2020
Director/Board Member 72 2007
Director/Board Member 69 2006
Director/Board Member 57 2014
Director/Board Member 64 2019
Chairman 63 2013
Director/Board Member 67 2011
Chief Executive Officer 44 2015

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 923,919,496 677,658,374 ( 73.35 %) 242,902,880 ( 26.29 %) 73.35 %
Stock B 0 10,000 0 0
Stock C 0 18,000 0 0
Stock D 0 24,000 0 0

Shareholders

NameEquities%Valuation
The Vanguard Group, Inc.
12.29 %
83,693,767 12.29 % 1 984 M $
Capital Research & Management Co. (World Investors)
4.461 %
30,372,309 4.461 % 720 M $
T. Rowe Price Associates, Inc. (Investment Management)
3.577 %
24,358,625 3.577 % 578 M $
Geode Capital Management LLC
2.089 %
14,226,459 2.089 % 337 M $
Franklin Advisers, Inc.
1.762 %
11,994,710 1.762 % 284 M $
JPMorgan Investment Management, Inc.
1.694 %
11,535,116 1.694 % 273 M $
Boston Partners Global Investors, Inc.
1.610 %
10,965,027 1.610 % 260 M $
Merrill Lynch, Pierce, Fenner & Smith, Inc.
1.235 %
8,406,343 1.235 % 199 M $
Allspring Global Investments LLC
1.147 %
7,807,786 1.147 % 185 M $
Dimensional Fund Advisors LP
0.8589 %
5,848,177 0.8589 % 139 M $
NameEquities%Valuation
Invesco Advisers, Inc.
98.28 %
9,827,588 98.28 % 188 M $
Spectrum Asset Management, Inc.
1.946 %
194,625 1.946 % 4 M $
NameEquities%Valuation
Nuveen Asset Management LLC
23.75 %
4,275,338 23.75 % 104 M $
Flaherty & Crumrine, Inc.
12.92 %
2,325,112 12.92 % 57 M $
Principal Global Investors LLC
1.482 %
266,699 1.482 % 6 M $
DWS Investment Management Americas, Inc.
0.7430 %
133,748 0.7430 % 3 M $
DoubleLine Capital LP
0.1086 %
19,553 0.1086 % 476 507 $
Taiwan Cooperative Securities Investment Trust Co., Ltd.
0.0736 %
13,255 0.0736 % 323 024 $
Community Capital Management, Inc.
0.0417 %
7,500 0.0417 % 182 775 $
Cohen & Steers Capital Management, Inc.
0.0105 %
1,884 0.0105 % 45 913 $
The London Company of Virginia LLC
0.004250 %
765 0.004250 % 18 643 $
Strategic Asset Management LLC (Minnesota)
0.001111 %
200 0.001111 % 4 874 $
NameEquities%Valuation
Stonebridge Advisors LLC
-
40,000 - - $
Archer Investment Corp.
-
0 - - $
Calamos Advisors LLC
-
0 - - $
Kanen Wealth Management LLC
-
0 - - $

Holdings

NameEquities%Valuation
23 inf% 134 $
5,000 inf% 320 $
20,000 inf% 2,100 $
1,500 inf% 92 $
250 inf% 213 $
340 inf% 9,476 $
4,957,394 5.29% 54,085,169 $
114,914 2.17% 1,723,710 $
14,431 1.84% 451,762 $
11,982 1.09% 753,189 $

Company contact information

Fifth Third Bancorp

38 Fountain Square Plaza

45263, Cincinnati

+800 972 3030

http://www.53.com
address Fifth Third Bancorp(FITB)

Group companies

NameCategory and Sector
Fifth Third Bank, NA (Cincinnati, Ohio)
Finance - Major Banks
Fifth Third Securities, Inc.
Finance - Investment Banks/Brokers
MainStreet Investment Advisors LLC
Finance - Investment Managers
Fifth Third Equipment Finance Co.
Finance - Finance/Rental/Leasing
Fifth Third Mortgage - Michigan LLC
Finance - Finance/Rental/Leasing

Sales per Business

Trading Rating :
Investor Rating :
ESG Refinitiv :
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
31.25USD
Average target price
30.9USD
Spread / Average Target
-1.12%
Consensus
As early as today, start finding the best investment opportunities!
Optimize my profits
fermer