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Fifth Third Bank information


Fifth Third Bancorp
Trade name
Fifth Third Bank
Company typePublic
Traded as
  • Nasdaq: FITB
  • S&P 500 component
Industry
  • Banking
  • Investment banking
  • Financial services
PredecessorBank of the Ohio Valley, Third National Bank, Fifth National Bank
FoundedJune 17, 1858; 165 years ago (1858-06-17), in Cincinnati, Ohio, U.S. (as Bank of the Ohio Valley)
HeadquartersFifth Third Center,
Cincinnati, Ohio
,
U.S.
Number of locations
1,100 branches and 2,400 automated teller machines
Area served
Regional
Key people
Timothy N. Spence (chairman, CEO and president)
ProductsConsumer banking, corporate banking, private banking, financial analysis, insurance, investment banking, mortgage loans, private equity, wealth management, credit cards
RevenueIncrease US$7.90 billion (2021)
Operating income
3,093,000,000 United States dollar (2022) Edit this on Wikidata
Net income
Increase US$2.66 billion (2021)
Total assetsIncrease US$211.12 billion (2021)
Total equityIncrease US$22.21 billion (2021)
Number of employees
19,112 (December 2021)
Website53.com
Footnotes / references
[1]
Fifth Third Bank branch located in Fairborn, Ohio

Fifth Third Bank (5/3 Bank), the principal subsidiary of Fifth Third Bancorp, is an American bank holding company headquartered in Cincinnati, Ohio. Fifth Third is one of the largest consumer banks in the Midwestern United States.

Fifth Third's client base spans retail, small business, corporate, and investment clients. Fifth Third operates 1,100 branches and 2,400 automated teller machines, which are in 11 states: Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia.

The name "Fifth Third" is derived from the names of the bank's two predecessor companies, Third National Bank and Fifth National Bank, which merged in 1909.

The company is ranked 411th on the Fortune 500.[2] Fifth Third Bank is one of the largest banks in the United States.[3]

  1. ^ "Fifth Third Bancorp 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 25, 2022.
  2. ^ "Fifth Third Bancorp". Fortune. Archived from the original on December 11, 2019. Retrieved April 12, 2020.
  3. ^ "Biggest US Banks by Asset Size (2021)". MX Technologies. April 20, 2021. Retrieved September 21, 2021.

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