Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services company headquartered in Cincinnati, Ohio, and the parent company of Fifth Third Bank. The company traces its history to 1858 and provides banking and related financial services to individuals, businesses, government entities and institutional clients.
Through its commercial banking operations, Fifth Third offers lending, deposit, treasury management, payment processing and capital markets services to middle-market companies, large corporations and other organizations. Its consumer and small business banking operations provide checking and savings accounts, residential and commercial real estate loans, consumer lending, credit cards and other personal financial products.
Fifth Third also provides wealth management and investment advisory services, including financial planning, private banking, trust administration and asset management. The bank serves customers through branches and digital channels across a regional footprint that includes Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee and West Virginia. Tim Spence serves as president and chief executive officer.
