Fifth Third Bancorp - Company Profile
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Fifth Third Bancorp (FTB) is a diversified financial services company operating as a bank holding company and financial holding company. The company engages in commercial banking, consumer and small business banking, and wealth and asset management. FTB offers a range of financial products and services, including checking and savings accounts, loans, credit cards, wealth management solutions, and insurance services. The company serves a diverse clientele, including individuals, corporations, and not-for-profit organizations across sectors such as commercial, financial, retail, governmental, educational, energy, and healthcare. FTB's products and services are delivered through a network of banking centers, ATMs, and digital platforms. The company operates in several states, including Ohio, Florida, Michigan, Illinois, Indiana, North Carolina, Kentucky, Tennessee, Georgia, South Carolina, West Virginia, and Alabama. FTB is headquartered in Cincinnati, Ohio, the US.
Fifth Third Bancorp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Deposits: | Global Cash Management |
| Checking and Savings Accounts | Foreign Exchange |
| Certificate of Deposits | International Trade Finance |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In June, the company introduced an AI‑powered experience within its mobile app. |
| 2026 | New Products/Services | In June, the company launched Fifth Third for Business. |
| 2026 | Corporate Changes/Expansions | In April, the company opened its first financial center in Frisco, Texas, the US. |
Competitor Comparison
| Key Parameters | Fifth Third Bancorp | U.S. Bancorp | Truist Financial Corp | Huntington Bancshares Inc | KeyCorp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Cincinnati | Minneapolis | Charlotte | Columbus | Cleveland |
| State/Province | Ohio | Minnesota | North Carolina | Ohio | Ohio |
| No. of Employees | 25,980 | 68,520 | 37,086 | 19,932 | 17,469 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timothy N. Spence | Chairman; President; Chief Executive Officer | Executive Board | 2024 | 47 |
| Bryan D. Preston | Executive Vice President; Chief Financial Officer | Senior Management | 2024 | 49 |
| James C. Leonard | Chief Operating Officer; Executive Vice President | Senior Management | 2024 | 56 |
| Jude A. Schramm | Executive Vice President; Chief Information Officer | Senior Management | 2018 | 53 |
| Melissa S. Stevens | Chief Marketing Officer; Executive Vice President | Senior Management | 2023 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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