Fifth Third Bancorp

NASDAQ FITBI

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Fifth Third Bancorp Short-Term Debt to Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2024: 0.17

Fifth Third Bancorp Short-Term Debt to Equity Ratio is 0.17 for the Trailing 12 Months (TTM) ending March 31, 2024, a -50.51% change year over year. The short-term debt to equity ratio measures the proportion of short-term debt to shareholders' equity. It is calculated by dividing the short-term debt by the shareholders' equity. This ratio indicates the level of short-term debt relative to the equity invested by shareholders. A higher ratio suggests a higher dependency on short-term debt financing compared to equity financing.
  • Fifth Third Bancorp Short-Term Debt to Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.34.
NASDAQ: FITBI

Fifth Third Bancorp

CEO -
IPO Date Dec. 6, 2013
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.

StockViz Staff

September 20, 2024

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