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Argus•October 22, 2020
Argus•October 22, 2020Fifth Third Bancorp: Surprise negative loss provision helps 3Q EPS
Summary
Fifth Third Bancorp is a diversified financial services company based in Cincinnati. The company has $202 billion in assets and operates 1,122 Banking Centers and 2,414 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. The company has four main business segments: Commercial Banking, Branch Banking, Consumer Lending, and
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Analyst Profile
Stephen Biggar
Director of Financial Institutions ResearchStephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of equity research for S&P Capital IQ. He holds a degree in economics from Rutgers University.