Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services company headquartered in Cincinnati, Ohio, serving both individual and institutional clients through its principal subsidiary, Fifth Third Bank. As one of the largest regional banks in the United States, it offers a broad spectrum of deposit, lending and payment services designed to meet the needs of consumers, small businesses and commercial enterprises.
The company’s core business activities include retail banking products such as checking and savings accounts, mortgage and home equity lending, credit cards and consumer loans. On the commercial side, Fifth Third provides treasury and payment solutions, commercial real estate financing, equipment leasing and working capital lines of credit. Wealth management and investment services are delivered through its affiliated wealth advisors, offering trust, brokerage and retirement planning solutions.
Fifth Third’s origins date back to the mid-19th century, when the Third National Bank of Cincinnati was founded in 1858 and later merged with Fifth National Bank in the early 20th century. The current bank holding company structure was established in 1969, helping to support subsequent growth through acquisitions and technology investments. Today, Fifth Third operates in key Midwestern and Southeastern markets, including Ohio, Michigan, Indiana, Kentucky, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina.
Under the leadership of Chairman and Chief Executive Officer Greg D. Carmichael, Fifth Third continues to invest in digital capabilities and customer experience initiatives. The bank has focused on mobile and online banking enhancements, fintech partnerships and security measures to support its goal of delivering seamless, technology-driven financial services to a diverse client base.
