Fifth Third Bancorp

NASDAQ FITB

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Fifth Third Bancorp Net Income for the quarter ending March 31, 2024

Fifth Third Bancorp Net Income is NA for the quarter ending March 31, 2024. Net Income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Fifth Third Bancorp Net Income for the quarter ending March 31, 2023 was USD 535.00 M, a 13.11% change year over year.
  • Fifth Third Bancorp Net Income for the quarter ending March 31, 2022 was USD 473.00 M, a -29.82% change year over year.
  • Fifth Third Bancorp Net Income for the quarter ending March 31, 2021 was USD 674.00 M, a 2,224.14% change year over year.
  • Fifth Third Bancorp Net Income for the quarter ending March 31, 2020 was USD 29.00 M, a -96.14% change year over year.
NASDAQ: FITB

Fifth Third Bancorp

CEO Mr. Gregory D. Carmichael
IPO Date March 26, 1990
Location United States
Headquarters Fifth Third Center, Cincinnati, OH, United States, 45263
Employees 18,657
Sector Financial Services
Industry Banks - regional
Description

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, 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 Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses; home equity loans and lines of credit; credit cards; and cash management services. This segment also engages in the residential mortgage that include origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and hedging activities; indirect lending, including extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers, and marine dealers; and home improvement and solar energy installation loans through contractors and installers. The Wealth & Asset Management segment provides various wealth management services 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 wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. The company was founded in 1858 and is headquartered in Cincinnati, Ohio.

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StockViz Staff

September 19, 2024

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