Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of December 31, 2020, the Company had $205 billion in assets and operated 1,134 full-service Banking Centers, and 2,397 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to approximately 52,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2020, had $434 billion in assets under care, of which it managed $54 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses.

Company profile
Ticker
FITB, FITBI, FITBP, FITBO
Exchange
Website
CEO
Gregory Carmichael
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Fifth Third Financial Corporation • Ashland Management Agency, LLC • Dividend Finance, Inc. • Cloud Nine Solar LLC • Dividend Solar, Inc. • DS Global Holdings LLC • Dividend HI Warehouse Depositor I LLC • Dividend Solar Depositor 2017-1 LLC • Dividend Solar Loans 2017-1 LLC • Dividend Solar Depositor 2018-1 LLC ...
IRS number
310854434
FITB stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
Submission of Matters to a Vote of Security Holders
21 Apr 23
8-K
Fifth Third Reports First Quarter 2023 Diluted Earnings Per Share of $0.78
20 Apr 23
8-K
Regulation FD Disclosure
18 Apr 23
ARS
2022 FY
Annual report to shareholders
7 Apr 23
8-K
Regulation FD Disclosure
7 Mar 23
8-K
Other Events
6 Mar 23
DEFA14A
Additional proxy soliciting materials
6 Mar 23
DEF 14A
Definitive proxy
6 Mar 23
8-K
Departure of Directors or Certain Officers
6 Mar 23
Transcripts
FITB
Earnings call transcript
2023 Q1
20 Apr 23
FITB
Earnings call transcript
2022 Q4
19 Jan 23
FITB
Earnings call transcript
2022 Q3
20 Oct 22
FITB
Earnings call transcript
2022 Q2
21 Jul 22
FITB
Earnings call transcript
2022 Q1
19 Apr 22
FITB
Earnings call transcript
2021 Q4
20 Jan 22
FITB
Earnings call transcript
2021 Q3
19 Oct 21
FITB
Earnings call transcript
2021 Q2
22 Jul 21
FITB
Earnings call transcript
2021 Q1
20 Apr 21
FITB
Earnings call transcript
2020 Q4
21 Jan 21
Latest ownership filings
4
Nancy C. Pinckney
18 May 23
4
Evan Bayh
4 May 23
13F-HR
Quarterly holdings report by institutional manager
24 Apr 23
4
MITCHELL FEIGER
20 Apr 23
4
THOMAS H HARVEY
20 Apr 23
4
Gary R. Heminger
20 Apr 23
4
Katherine H. Blackburn
20 Apr 23
4
MICHAEL B MCCALLISTER
20 Apr 23
4
MARSHA C WILLIAMS
20 Apr 23
4
C. Bryan Daniels
20 Apr 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.78 bn | 2.78 bn | 2.78 bn | 2.78 bn | 2.78 bn | 2.78 bn |
Cash burn (monthly) | 228.67 mm | 22.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 449.05 mm | 44.02 mm | n/a | n/a | n/a | n/a |
Cash remaining | 2.33 bn | 2.74 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.2 | 122.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
76.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 799 |
Opened positions | 89 |
Closed positions | 145 |
Increased positions | 339 |
Reduced positions | 242 |
13F shares | Current |
---|---|
Total value | 13.88 tn |
Total shares | 521.41 mm |
Total puts | 5.51 mm |
Total calls | 3.23 mm |
Total put/call ratio | 1.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 87.12 mm | $2.32 tn |
BLK Blackrock | 58.77 mm | $1.57 tn |
T. Rowe Price | 43.18 mm | $1.14 tn |
STT State Street | 31.04 mm | $837.17 bn |
BAC Bank Of America | 18.80 mm | $500.71 bn |
JPM JPMorgan Chase & Co. | 18.03 mm | $480.43 bn |
IVZ Invesco | 16.29 mm | $433.84 bn |
Geode Capital Management | 14.87 mm | $395.40 bn |
Charles Schwab Investment Management | 13.84 mm | $368.79 bn |
MS Morgan Stanley | 11.60 mm | $309.00 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 May 23 | Nancy C. Pinckney | Common Stock | Payment of exercise | Dispose F | No | No | 25.27 | 234 | 5.91 k | 32,506 |
3 May 23 | Bayh Evan | Common Stock | Buy | Acquire P | No | No | 24.82 | 5,000 | 124.10 k | 73,700 |
18 Apr 23 | Brumback Emerson L | Common Stock | Grant | Acquire A | No | No | 0 | 5,153 | 0.00 | 78,432 |
18 Apr 23 | Benitez Jorge L. | Common Stock | Grant | Acquire A | No | No | 0 | 5,153 | 0.00 | 40,503 |
18 Apr 23 | Clement-Holmes Linda W | Common Stock | Grant | Acquire A | No | No | 0 | 5,153 | 0.00 | 16,541 |
News
Regional Banks Remain On Life Support
11 May 23
Does This Regional Bank Rally Have Legs? Here Are The Top Stock Picks From BofA
8 May 23
Analyst Ratings for Fifth Third Bancorp
24 Apr 23
DA Davidson Maintains Neutral on Fifth Third Bancorp, Lowers Price Target to $30
24 Apr 23
Citigroup Maintains Neutral on Fifth Third Bancorp, Lowers Price Target to $30
24 Apr 23
Press releases
Fifth Third Bank Names Stephanie Green as South Florida President
23 May 23
Fifth Third Announces Acquisition of Rize Money, Inc.
22 May 23
Fifth Third Completes Acquisition of Big Data Healthcare, Further Accelerating Bank's Digital Payments and Managed Services Offerings
15 May 23
Fifth Third Bank Surprises Louisville and Charlotte Families on Fifth Third Day with Gift of College Savings
4 May 23
Fifth Third Day to Provide 10 Million Meals to Fight Food Insecurity
3 May 23