FITB on NYSE

Fifth Third Bancorp

Logo: Fifth Third Bank, Public domain, via Wikimedia Commons3

American bank holding company.1

Price unavailable

Last updated Oct 16, 2026.

Overview

Apr 15, 1975Founded1

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  • TickerFITB on NYSE1
  • IndustryState Commercial Banks1
  • HeadquartersCincinnati1
  • Founded inCincinnati1
  • Websiteir.53.com
  • Incorporated inOH4
  • Business address38 Fountain Sq Plz, Fifth Third Center, Cincinnati, Oh 452634
  • Filer categoryLarge accelerated filer4

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

407.1%Net margin5
-2.0%Revenue growth, 20236
12.3%Return on equity5
0.85×Debt to equity7
$4.0BFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Interest57¢$3.9B
  • Income tax9¢$639.0M
  • Profit34¢$2.3B

Out of $577.0M in revenue.65

Where each dollar of operating cash went, fiscal 2023

  • Capital spending11¢$491.0M
  • Dividends paid24¢$1.1B
  • Share buybacks4¢$200.0M
  • Kept or used elsewhere61¢$2.8B

Out of $4.5B of cash from operations.5

Financial statements

Revenue896$577.0M in 2023+2% since 2019
0$200.0M$400.0M$600.0M2019: $565.0M$565.0M20192020: $559.0M$559.0M2020−1%2021: $600.0M$600.0M2021+7%2022: $589.0M$589.0M2022−2%2023: $577.0M$577.0M2023−2%
Net income89675$2.3B in 2023−6% since 2019
0$1.0B$2.0B$3.0B2019: $2.5B$2.5B20192020: $1.4B$1.4B2020−43%2021: $2.8B$2.8B2021+94%2022: $2.4B$2.4B2022−12%2023: $2.3B$2.3B2023−4%

Every line of the income statement in the latest annual report, as filed.5

Period ending2025-12-312024-12-312023-12-31
Interest and fees on loans and leases$7.5B$7.5B$7.3B
Interest on securities$1.8B$1.8B$1.8B
Interest on other short-term investments$652.0M$1.1B$656.0M
Total interest income$9.9B$10.4B$9.8B
Interest on deposits$3.0B$3.7B$2.9B
Interest on short-term borrowings$215.0M$168.0M$262.0M
Interest on long-term debt$754.0M$892.0M$742.0M
Total interest expense$3.9B$4.8B$3.9B
Net Interest Income$6.0B$5.6B$5.8B
Provision for credit losses$662.0M$530.0M$515.0M
Net Interest Income After Provision for Credit Losses$5.3B$5.1B$5.3B
Wealth and asset management revenue$704.0M$647.0M$581.0M
Commercial payments revenue$630.0M$608.0M$564.0M
Consumer banking revenue$571.0M$555.0M$546.0M
Capital markets fees$415.0M$424.0M$422.0M
Commercial banking revenue$349.0M$377.0M$409.0M
Mortgage banking net revenue$227.0M$211.0M$250.0M
Other noninterest income$126.0M$12.0M$91.0M
Securities gains, net$13.0M$15.0M$18.0M
Total noninterest income$3.0B$2.8B$2.9B
Compensation and benefits$2.8B$2.8B$2.7B
Technology and communications$516.0M$474.0M$464.0M
Net occupancy expense$349.0M$339.0M$331.0M
Equipment expense$169.0M$153.0M$148.0M
Loan and lease expense$146.0M$132.0M$133.0M
Marketing expense$142.0M$115.0M$126.0M
Card and processing expense$92.0M$84.0M$84.0M
Other noninterest expense$915.0M$973.0M$1.2B
Total noninterest expense$5.1B$5.0B$5.2B
Income (loss) before income taxes (FTE)(a)$3.2B$2.9B$3.0B
Applicable income tax expense$689.0M$602.0M$639.0M
Net Income$2.5B$2.3B$2.3B
Dividends on preferred stock$146.0M$159.0M$137.0M
Net Income Available to Common Shareholders$2.4B$2.2B$2.2B
Earnings per share - basic (in dollars per share)$3.56$3.16$3.23
Earnings per share - diluted (in dollars per share)$3.53$3.14$3.22
Average common shares outstanding - basic (in shares)668.1M shares682.2M shares684.2M shares
Average common shares outstanding - diluted (in shares)672.5M shares687.3M shares687.7M shares

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Leadership

Who has led Fifth Third Bancorp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. George A. Schaefer Jr.2003–2008
  2. Kevin T. Kabat2007–2015
  3. Greg D. Carmichael2015–2022
  4. Timothy Spence2022–now

Chair

  1. George A. Schaefer Jr.2006–2008
  2. Kevin T. Kabat2009
  3. Greg D. Carmichael2018–2023
  4. Timothy Spence2024–now

President

  1. George A. Schaefer Jr.2003–2007
  2. Kevin T. Kabat2006–2012
  3. Greg D. Carmichael2013–2020
  4. Timothy Spence2021–now

Chief financial officer

  1. Neal E. Arnold2003–2005
  2. R. Mark Graf2004–2005
  3. Christopher G. Marshall2006–2008
  4. Ross Jay Kari2008–2009
  5. Daniel T. Poston2009–2013
  6. Tayfun Tuzun2014–2020
  7. James C. Leonard2021–2023
  8. Bryan D. Preston2024–now

Chief operating officer

  1. Greg D. Carmichael2006–2016
  2. Lars C. Anderson2015–2019
  3. James C. Leonard2024–now
19801990200020102020
Board members and other officers (104)

Subsidiaries and ownership

Subsidiaries

  • Fifth Third Bank

From Wikidata.1

Acquisitions

  1. Apr 15, 1975Acquired Fifth Third Bank1
  2. 1971Acquired Worldpay1

Timeline

  1. Jul 7, 2022New chief executive Timothy Spence becomes CEO14
  2. Nov 4, 2015New chief executive Greg D. Carmichael becomes CEO15
  3. Apr 25, 2007New chief executive Kevin T. Kabat becomes CEO16
  4. Jul 22, 2003New chief executive George A. Schaefer Jr. becomes CEO17
  5. Apr 15, 1975Founded Founded in Cincinnati1

Recent filings

  1. Oct 2, 20263
  2. Sep 24, 20268-K
  3. Sep 23, 20268-K
  4. Sep 14, 20268-K
  5. Aug 26, 20268-A12B
  6. Aug 26, 2026CERT NYSE TEXAS CERTIFICATION
  7. Aug 21, 2026424B3
  8. Aug 21, 20268-K
  9. Aug 20, 2026EFFECT
  10. Aug 14, 2026SCHEDULE 13G/A
  11. Aug 10, 2026S-4
  12. Aug 5, 202613F-HR
  13. Aug 5, 20264
  14. Aug 4, 202610-Q
  15. Jul 30, 20268-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

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