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Fifth Third Bancorp (FITB)

14.80 Down 0.53(3.46%) Feb 8, 4:00PM EST
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Fifth Third Bancorp
38 Fountain Square Plaza
Cincinnati, OH 45263
United States - Map
Phone: 800-972-3030

Index Membership:N/A
Industry:Regional - Midwest Banks
Full Time Employees:18,261

Business Summary 

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The Branch Banking segment provides a range of deposit, loan, and lease products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services. The Consumer Lending segment engages in the origination, retention, and servicing of mortgage and home equity loans or lines of credit; and other indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. The Investment Advisors segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients, and broker dealer services to the institutional marketplace. This segment also provides asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients comprising states and municipalities. As of December 31, 2014, the company operated 1,302 full-service banking centers, including 101 Bank Mart locations, as well as 2,638 automated teller machines in 12 states throughout the Midwestern and Southeastern regions of the United States. Fifth Third Bancorp was founded in 1862 and is headquartered in Cincinnati, Ohio.

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Corporate Governance 
Fifth Third Bancorp’s ISS Governance QuickScore as of Feb 1, 2016 is 6. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 8; Compensation: 5.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Greg D. Carmichael , 54
Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Fifth Third Bank, Pres of Fifth Third Bank and Director of Fifth Third Bank
Mr. Kevin T. Kabat , 59
Exec. Vice Chairman, Member of Fin. Committee and Member of Trust Committee
Mr. Tayfun Tuzun , 51
Chief Financial Officer and Exec. VP
Mr. Lars C. Anderson , 55
Chief Operating Officer, Exec. VP, Chief Operating Officer of Fifth Third Bank and Exec. VP of Fifth Third Bank
Mr. Mark D. Hazel , 50
Principal Accounting Officer, Sr. VP and Controller
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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