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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Fifth Third Bancorp    FITB

FIFTH THIRD BANCORP

(FITB)
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FIFTH THIRD BANCORP : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

11/09/2020 | 04:21pm EST

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 4, 2020, Tayfun Tuzun resigned as Executive Vice President and Chief Financial Officer of the Company, effective as of November 9, 2020.

On November 4, 2020, the Board of Directors of the Company appointed James C. Leonard as Executive Vice President and Chief Financial Officer of the Company, effective as of November 9, 2020.

Mr. Leonard's prior business experience is described in the section titled, "Information About Our Executive Officers" of the Company's Annual Report on Form 10-K filed for the fiscal year ended December 31, 2019 and is hereby incorporated by reference.

There are no arrangements or understandings between Mr. Leonard and any other person pursuant to which he was elected as an officer of the Company, and there are no family relationships between Mr. Leonard and any of the Company's other directors or executive officers. There are no transactions in which Mr. Leonard has a direct or indirect interest that would be required to be disclosed under Item 404(a) of Regulation S-K.

A copy of the related press release is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits

Exhibit 99.1 - Press release dated November 9 , 2020

Exhibit 104 - Cover Page Interactive Data File (embedded within the Inline XBRL document)

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Financials (USD)
Sales 2020 7 600 M - -
Net income 2020 1 250 M - -
Net Debt 2020 - - -
P/E ratio 2020 17,9x
Yield 2020 3,50%
Capitalization 22 024 M 22 024 M -
Capi. / Sales 2020 2,90x
Capi. / Sales 2021 2,92x
Nbr of Employees 19 872
Free-Float 76,9%
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Technical analysis trends FIFTH THIRD BANCORP
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 33,60 $
Last Close Price 30,90 $
Spread / Highest target 26,2%
Spread / Average Target 8,72%
Spread / Lowest Target -12,6%
EPS Revisions
Managers and Directors
NameTitle
Gregory D. Carmichael Chairman & Chief Executive Officer
Timothy Spence President
James C. Leonard Chief Financial Officer & Executive Vice President
Jude A. Schramm Chief Information Officer & Executive VP
Gary R. Heminger Independent Director
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