Company Fifth Third Bancorp

Equities

FITB

US3167731005

Banks

Market Closed - Nasdaq 04:00:03 2024-05-31 pm EDT 5-day change 1st Jan Change
37.44 USD +1.88% Intraday chart for Fifth Third Bancorp +0.51% +8.55%

Business Summary

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

- retail banking (55.5% of Net Interest Income): sales of banking products and services to individuals and small businesses;

- commercial banking (40.7%): sales of banking and financial products and services to medium-sized and large businesses, government institutions, and professionals;

- investment services (3.8%): investment consulting services, asset management, brokerage services, etc.

At the end of 2023, the group had USD 168.9 billion in current deposits and USD 114.9 billion in current loans.

The products and services are marketed through a network of 1,088 banking centers located in the United States.

Number of employees: 18,657

Sales per Business

USD in Million2022Weight2023Weight Delta
Consumer and Small Business Banking
72.5 %
4,184 50.0 % 6,312 72.5 % +50.86%
Commercial Banking
59.3 %
3,882 46.4 % 5,168 59.3 % +33.13%
General Corporate and Other
-40.2 %
-321 -3.8 % -3,501 -40.2 % +990.65%
Wealth and Asset Management
10.5 %
807 9.6 % 915 10.5 % +13.38%
Eliminations
-2.1 %
-177 -2.1 % -186 -2.1 % +5.08%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
8,375 100.0 % 8,708 100.0 % +3.98%

Managers

Managers TitleAgeSince
Chief Executive Officer 45 15-09-10
Director of Finance/CFO 47 -
Chief Tech/Sci/R&D Officer 51 18-02-28
Chief Operating Officer 54 98-12-31
Human Resources Officer 60 98-12-31
Corporate Officer/Principal - 14-06-30
Corporate Officer/Principal - 10-12-31
Sales & Marketing 49 16-05-15
Treasurer - Jan. 01
Comptroller/Controller/Auditor 58 05-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 11-11-29
Director/Board Member 63 19-03-21
Director/Board Member 65 20-06-14
Director/Board Member 72 07-12-31
Director/Board Member 70 06-12-18
Director/Board Member 58 14-12-16
Director/Board Member 65 19-03-21
Director/Board Member 63 13-10-09
Director/Board Member 68 11-06-20
Chief Executive Officer 45 15-09-10

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 24,000 0 0 73.60 %
Stock B 0 18,000 0 0
Stock C 1 924,124,901 680,163,833 ( 73.60 %) 240,080,218 ( 25.98 %)
Stock D 0 10,000 0 0

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
12.13 %
82,932,002 12.13 % 3 054 M $
Capital Research & Management Co. (World Investors)
6.817 %
46,596,261 6.817 % 1 716 M $
BlackRock Advisors LLC
6.518 %
44,554,704 6.518 % 1 641 M $
T. Rowe Price International Ltd.
5.711 %
39,040,702 5.711 % 1 437 M $
32,086,759 4.694 % 1 181 M $
JPMorgan Investment Management, Inc.
4.232 %
28,929,717 4.232 % 1 065 M $
Charles Schwab Investment Management, Inc.
2.898 %
19,805,935 2.898 % 729 M $
Invesco Advisers, Inc.
2.701 %
18,460,242 2.701 % 680 M $
Geode Capital Management LLC
2.416 %
16,516,594 2.416 % 608 M $
Merrill Lynch International
2.125 %
14,524,762 2.125 % 535 M $
NameEquities%Valuation
PNC Investments LLC
2.846 %
284,605 2.846 % 6 M $
Innovative Portfolios LLC
0.0400 %
4,000 0.0400 % 87 736 $
The Main Street Group Ltd.
0.005000 %
500 0.005000 % 10 967 $
Boyd Watterson Asset Management LLC
0.001500 %
150 0.001500 % 3 290 $
ORG Partners LLC
0.000380 %
38 0.000380 % 833 $
Fubon Asset Management Co., Ltd.
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
9.833 %
1,769,862 9.833 % 45 M $
Taiwan Cooperative Securities Investment Trust Co., Ltd.
0.0745 %
13,405 0.0745 % 338 744 $
NWQ Investment Management Co. LLC
0.0479 %
8,622 0.0479 % 217 878 $
Operose Advisors LLC
0.006489 %
1,168 0.006489 % 29 515 $
Pulteney Street Capital Management LLC
0.005006 %
901 0.005006 % 22 768 $
Financial Gravity Asset Management, Inc.
0.000544 %
98 0.000544 % 2 476 $
ORG Partners LLC
0.000056 %
10 0.000056 % 253 $
Fubon Asset Management Co., Ltd.
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
DoubleLine Capital LP
-
0 - - $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
6.356 %
508,456 6.356 % 12 M $
Fubon Asset Management Co., Ltd.
0.000000 %
0 0.000000 % - $

Holdings

NameEquities%Valuation
2,851,389 0.04% 1,110,131,279 $
6,154,183 0.04% 1,048,241,990 $
1,115,578 0.04% 963,881,704 $
3,961,257 0.07% 644,813,414 $
3,601,108 0.03% 630,193,900 $
2,256,431 0.08% 432,648,080 $
296,970 0.06% 386,141,182 $
2,366,595 0.10% 384,690,017 $
413,568 0.04% 323,037,965 $
714,665 0.08% 322,456,848 $

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
Major Banks
Investment Banks/Brokers
Investment Managers
Finance/Rental/Leasing
Finance/Rental/Leasing

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
37.42 USD
Average target price
40.52 USD
Spread / Average Target
+8.29%
Consensus
  1. Stock Market
  2. Equities
  3. FITB Stock
  4. Company Fifth Third Bancorp