Welcome to our dedicated page for Fifth Third Bancorp news (Ticker: FITB), a resource for investors and traders seeking the latest updates and insights on Fifth Third Bancorp stock.
Fifth Third Bancorp (NASDAQ: FITB) generates a steady flow of news as a multi-state bank holding company and parent of Fifth Third Bank, National Association. News coverage for FITB commonly reflects its role in consumer and commercial banking, its geographic expansion strategy, and its use of technology and partnerships to support customers and communities.
Investors and observers following Fifth Third news will see updates on strategic transactions, such as its Agreement and Plan of Merger with Comerica Incorporated and related regulatory milestones documented in joint press releases and Form 8-K filings. These items describe the planned multi-step corporate and bank mergers and the approvals obtained from regulators and shareholders, while also outlining the forward-looking risks associated with the transaction.
Fifth Third news also includes announcements about capital and balance sheet actions. Examples disclosed in recent filings and press releases include redemptions of certain preferred stock and subordinated notes, share repurchase agreements, and periodic earnings releases and investor presentations. These items provide insight into how the company manages its capital structure and communicates financial information to the market.
Operational and strategic updates are another key element of FITB news. The bank has issued releases on its Southeast expansion, milestone branch openings in Florida and the Carolinas, and its broader footprint strategy. It has also announced a definitive agreement to acquire Mechanics Bank’s Fannie Mae DUS business line to expand multifamily housing finance capabilities, as well as a multi-year partnership with Brex to provide an AI-enabled commercial card and finance platform for commercial banking clients.
Community and governance developments appear regularly in Fifth Third’s news flow, including small business appreciation campaigns, neighborhood investment initiatives, and changes to its Board of Directors. For readers tracking FITB, the news page offers a consolidated view of these regulatory, strategic, community and governance updates.
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) has been recognized by J.D. Power as the leader in banking mobile app satisfaction among regional banks in their 2025 U.S. Banking Mobile App Satisfaction Study. The bank's app, which serves over 2.4 million monthly users with over a billion annual engagements, also ranked #1 for Visual Appeal.
The next-generation mobile app, launched in 2022, offers key features including early pay access, real-time P2P payments, dark mode, streamlined direct deposit switching, SmartShield® security system, instant card controls, and real-time card tracking. The bank implemented hundreds of app enhancements in 2024, demonstrating its commitment to digital innovation.
Additionally, Fifth Third secured the top position for Retail Banking Customer Satisfaction in Florida for the second consecutive year in J.D. Power's 2025 U.S. Retail Banking Satisfaction Study.
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