Company Profile For Fifth Third Bancorp
Fifth Third Bancorp (FITB.O) (Nasdaq)
sector: Financials ·
industry: Banks ·
Overview
Fifth Third Bancorp (the Bancorp) is a diversified financial services company. As of December 31, 2008, the Bancorp operated 18 affiliates with 1,307 full-service banking centers, including 92 Bank Mart locations open seven days a week inside select grocery stores and 2,341 Jeanie automated teller machines (ATMs) in the midwestern and southeastern regions of the United States. The Bancorp operates through five business segments: Commercial Banking, Branch Banking, Consumer Lending, Fifth Third Processing Solutions (FTPS) and Investment Advisors. On June 6, 2008, Fifth Third Bancorp completed the acquisition of First Charter Corporation.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Fifth ThirdBancorp's interest income decreased 16% to $3.53B. Net interest loss after LLP totaled $290M, vs. an income of $418M. Net income applicable to Common totaled $670M, up from $3M. Net interest income reflects a decrease in interest & fees on loans & leases and higher provision for loan losses. Net income was offset by the presence of gain on sale of FTPS joint venture.
Company Address
Fifth Third Bancorp
Fifth Third Center
Cincinnati OH 45263
P: +1513.5345300
F: +1513.5796246
Fifth Third Center
Cincinnati OH 45263
P: +1513.5345300
F: +1513.5796246
Total Employees
20559
Find Out More About FITB.O
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 77.72 | -0.93% | 11/26 15:47 IST |
| Gold | 1184.8 | -0.19% | 11/26 15:27 IST |
