Fifth Third Bancorp Stock Price, News & Analysis

Fifth Third Bank (NASDAQ: FITB) has been named the Best Treasury and Cash Management Bank by Global Finance magazine for 2025, marking its second consecutive year receiving this recognition. The bank earned this distinction in both the Midwest and Southeast regions as part of Global Finance's 25th annual awards program.

The selection process involved a comprehensive multi-tiered assessment, considering factors such as market share, customer service, competitive pricing, and product innovation. The evaluation included input from industry analysts, corporate executives, and technology experts, along with independent research to determine the leading providers of treasury and cash management services.

Fifth Third Bank (NASDAQ: FITB) has been named the 'U.S. Best Super-Regional Bank' by Euromoney's Awards for Excellence for the second consecutive year. The award recognizes the bank's performance from January to December 2024, highlighting its excellence in service, innovation, and customer solutions.

According to CFO Bryan Preston, the recognition reflects Fifth Third's disciplined execution and consistent performance. The bank's diversified business model and strong balance sheet enable it to navigate market uncertainty while delivering innovative solutions for customers and communities.

Fifth Third Bancorp (NASDAQ: FITB) reported second quarter 2025 net income of $591 million, or $0.88 per diluted share, up from $478 million ($0.71/share) in Q1 and $561 million ($0.81/share) year-over-year. The results included a negative $0.02 impact from certain items.

Key highlights include net interest margin expansion for the 6th consecutive quarter to 3.12%, 5% loan growth year-over-year, and improved credit metrics with net charge-off ratio declining to 0.45%. The bank's CET1 ratio strengthened to 10.56%, while efficiency ratio improved to 56.2%. Revenue growth accelerated with adjusted revenues up 6% year-over-year, marking the highest growth rate in two years.

The bank demonstrated strong performance across segments with assets under management reaching $73 billion (up 12% YoY), consumer household growth of 2%, and continued expansion in the Southeast region with 6% growth.

Fifth Third Bank (NASDAQ: FITB) has achieved a perfect score of 100 on The Disability Index® for the fifth consecutive year, earning recognition among the Best Places to Work for Disability Inclusion. The bank's commitment to disability inclusion is demonstrated through various initiatives, including its partnership with Project SEARCH, which has trained over 400 individuals since 2005.

The company's inclusive practices are evaluated across multiple areas including culture & leadership, enterprise-wide access, employment practices, and community engagement. Fifth Third was also pioneering as the first bank to design checking accounts for the ABLE program, supporting individuals with disabilities in managing disability-related expenses.

Fifth Third Bank (NYSE:FITB) has announced its annual Scholarship Program awards through the Fifth Third Foundation. The program has awarded $62,500 in total scholarships this year, with each recipient receiving a one-time $2,500 scholarship for college or university education.

The scholarships, administered by the National Merit Scholarship Corporation, are awarded to children of Fifth Third employees, recognizing their academic achievements. Since 2005, nearly 500 students have been recognized through this program, with 24 students receiving awards this year, including 8 National Merit Scholarship finalists.

Fifth Third Wealth Advisors (NASDAQ:FITB), a multi-custodial registered investment advisory firm, has achieved a significant milestone by surpassing $3 billion in net new assets under management as of June 30, 2025. The firm, ranking among the top 500 independent RIAs in the US, has expanded its platform capabilities with two major enhancements.

The company has added Charles Schwab as a new custodial option and formed a technology partnership with SS&C's Black Diamond® Wealth Platform to deliver enhanced wealth management experiences. Fifth Third Wealth Advisors maintains a nationwide presence with offices across multiple states including Georgia, Florida, Illinois, New York, North Carolina, Texas, and Pennsylvania.

Fifth Third Bancorp (NASDAQ: FITB) has announced significant leadership changes. Susan Zaunbrecher, current head of Legal, Government Affairs and Regulatory Affairs departments, will retire. Christian Gonzalez will succeed her as executive vice president and chief legal officer, joining from Dinsmore & Shohl LLP.

Additionally, Kevin Lavender will transition from head of Commercial Bank to vice chair, while Kevin Khanna will be promoted from head of corporate & investment banking to head of the Commercial Bank. Bridgit Chayt, head of commercial payments, along with Khanna, will join the Enterprise management team.

Fifth Third Bank (FITB) announced a $20 million investment over three years in North Nashville through its Neighborhood Program, focusing on economic mobility and community development. The initiative, in partnership with local organizations including Affordable Housing Resources, Pathway Lending, and United Way of Greater Nashville, aims to implement an economic mobility roadmap. The program will focus on growing housing and homeownership, supporting small businesses, investing in education-to-career pathways, and addressing infrastructure needs. This expansion follows the program's success across nine neighborhoods since 2021, where Fifth Third has invested nearly $255 million, catalyzing an additional $200 million in investments. Previous achievements include developing 584 new rental homes, preserving 437 existing homes, assisting 1,932 homeowners, and supporting 926 small businesses.

Fifth Third (FITB) has allocated $16 million in New Markets Tax Credits (NMTCs) to three community facilities in Atlanta and Cincinnati. The funding is part of a larger $50 million federal NMTC allocation received from the U.S. Treasury's CDFI Fund. The three projects include: the Phillis Wheatley Westside YWCA in Atlanta ($5M NMTC, $5.5M equity), which will provide early learning and digital skills programs; the Findlay Community Center in Cincinnati ($6M NMTC, $4.46M equity, $2.5M foundation grant) for recreation and childcare; and the Talbert House Hamilton County Crisis Center ($5M NMTC, $3.77M equity) offering healthcare and mental health services. These investments aim to revitalize historically underserved neighborhoods and promote economic mobility through community development initiatives.