Fifth Third Bancorp is a regional banking corporation headquartered in Cincinnati, Ohio. The company was founded in 1858 as the Bank of the Ohio Valley, and later became known as the Fifth Third Bank in 1908 after a series of mergers and acquisitions. Today, the bank provides a wide range of financial services to individuals, businesses, and government organizations across 10 states in the Midwest and Southeastern United States.
Fifth Third Bancorp's primary services include consumer and commercial banking, treasury management, and investment services. The bank also provides mortgage lending, insurance, and investment advisory services. In addition to its traditional brick-and-mortar branches, Fifth Third offers digital banking services and has a network of over 50,000 ATMs across the United States.
Fifth Third Bancorp went public in 1969 and is listed on the NASDAQ stock exchange under the ticker symbol FITB. As of May 2023, it has a market capitalization of over $26 billion and operates more than 1,100 full-service branches and approximately 2,400 ATMs.
Fifth Third Bancorp has a long history of strategic acquisitions, including the acquisition of MB Financial in 2019, which expanded the bank's presence in the Chicago area. The bank has also been recognized for its efforts to promote diversity, equity, and inclusion in the workplace, including the establishment of a five-year, $2.8 billion community commitment plan to support underserved communities and businesses.