CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bank’s nearly 20,000 employees will celebrate “Fifth Third Day XXXIII” by volunteering and donating to fight food insecurity in the communities where they live and work. On May 3, celebrated as “Fifth Third Day,” the Bank will provide millions of meals across its footprint through a combination of volunteerism, donations and fundraising efforts. “Food insecurity impacts too many of our communities, and due to inflation and rising food prices, the fight against hunger requires ever more resources to feed those in need,” said Tim Spence, chairman, chie...
CINCINNATI--(BUSINESS WIRE)-- As part of its commitment to combat climate change and in celebration of Earth Day 2024, Fifth Third Bank today announced it has joined Mastercard’s Priceless Planet Coalition, an effort to restore 100 million trees across the globe by 2025. By signing onto the coalition, Fifth Third will do its part and help to restore 10,000 trees. The Priceless Planet Coalition is a valuable international program that helps promote tree restoration across six continents with 18 reforestation projects to create maximum impact. The lone project in the United States is located i...
CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bancorp (NASDAQ: FITB): Key Financial Data Key Highlights $ in millions for all balance sheet and income statement items 1Q24 4Q23 1Q23 Stability: Average deposits increased 5% compared to 1Q23 Net charge-offs, NPAs, and delinquencies r...
CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bancorp (Nasdaq: FITB) has announced that preliminary results from the Annual Shareholders Meeting held earlier today have indicated the following directors were re-elected: Nicholas K. Akins, retired chairman, president and CEO, American Electric Power. Evan Bayh III, senior advisor, Apollo Global Management. Jorge L. Benitez, retired CEO of North America of Accenture plc. Katherine B. Blackburn, executive vice president, Cincinnati Bengals, Inc. Emerson L. Brumback, retired president and COO, M&T Bank. Linda W. Clement-Holmes, retir...
CINCINNATI--(BUSINESS WIRE)-- Fifth Third (NASDAQ: FITB) today announced the launch of Empowering American Cities, the outcome of a collaborative relationship with the Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill. Empowering American Cities delivers relevant, local economic information tailored for business leaders looking to grow their operations. This press release features multimedia. View the full release here: Jeff Korzenik, Fifth Third Commercial Bank chief economist (Photo: Business Wire) “Midsize cities are the heart and soul of our footprin...
CINCINNATI--(BUSINESS WIRE)-- In less than 18 months since announcing its launch, Fifth Third Bank’s independent Registered Investment Advisor, Fifth Third Wealth Advisors, has exceeded $1 billion in assets under management (AUM). “This milestone is a result of the dedication of our teams who bring the utmost in tailored solutions and service and their clients who place their trust in us,” said Eric Housman, president Fifth Third Wealth Advisors. Fifth Third Wealth Advisors currently has seven teams serving clients across the country regardless of geographic location. The national practice...
CINCINNATI--(BUSINESS WIRE)-- J.D. Power today named Fifth Third Bank No. 1 for Retail Banking Customer Satisfaction in Florida as part of its 2024 U.S. Retail Banking Satisfaction StudySM. The Study also noted that customers rated Fifth Third No. 1 in 4 of 7 categories: trust, staff, account offerings and value. “I am immensely proud that Fifth Third has been recognized for the best customer satisfaction among consumer banks in Florida,” said Jamie Leonard, chief operating officer of Fifth Third. “Our vision is to be the One Bank people most value and trust, so J.D. Power’s recognition as t...
CINCINNATI--(BUSINESS WIRE)-- For the third consecutive year, Fifth Third Bank has earned a Top Workplaces USA award. The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets. “Our employees continue to show that they believe they are part of a winning team at a workplace that supports them,” said Nancy Pinckney, chief human resources officer at Fifth Third. “This award is a proof point that Fifth Third offers an engaging and inclusive culture, which creates a great place to work. I’m immensely proud ...
CINCINNATI--(BUSINESS WIRE)-- Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.35 per share for the first quarter of 2024. The dividend is payable on April 15, 2024 to shareholders of record as of March 28, 2024. Fifth Third also declared a cash dividend on its 5.10% Fixed-to-Floating...
CINCINNATI--(BUSINESS WIRE)-- Fifth Third is proud to announce it has been named to the 2024 ® list by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the fifth time Fifth Third has earned this recognition from Ethisphere and is one of only four banks worldwide, including two in the U.S., to be recognized on the 2024 list. In 2024, 136 companies were recognized across 20 countries and 44 industries. “We are honored Ethisphere recognized us for the fifth time,” said Tim Spence, chairman, chief executive officer and president of Fift...
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