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 (FITB) is a leading regional financial institution providing banking, wealth management, and corporate finance solutions across 11 states. This dedicated news hub offers investors and stakeholders centralized access to official announcements and material developments.
Our curated collection serves as a primary resource for tracking FITB's financial performance, regulatory filings, and community initiatives. Users will find press releases covering quarterly earnings, strategic acquisitions, leadership updates, and digital banking innovations, alongside analysis of regulatory compliance milestones and community reinvestment programs.
The archive features multiple content categories including financial results disclosures, product launch announcements, and corporate responsibility initiatives. As an FDIC-insured institution with $214 billion in assets (2023), Fifth Third's news flow reflects its dual focus on regional banking excellence and national-scale financial services.
Bookmark this page for real-time updates on FITB's operational developments, dividend declarations, and market positioning within the competitive banking sector. Verify time-sensitive information directly through SEC filings and official company communications.
Fifth Third Bancorp (NASDAQ: FITB) has announced the redemption of all outstanding Series L Preferred Stock and associated depositary shares, scheduled for September 30, 2025. The Series L Preferred Stock will be redeemed at $25,000 per share, while depositary shares will be redeemed at $1,000 per share, plus any declared but unpaid dividends.
The redemption will impact the company's third quarter 2025 financials with an approximate $3.5 million reduction to net income available to common shareholders, which will be treated as incremental preferred dividend expense.
Fifth Third Bank (NASDAQ: FITB) has been recognized among USA Today's America's Climate Leaders 2025 for its significant achievements in reducing greenhouse gas emissions. The bank has achieved a 60% reduction in operational greenhouse gas emissions since 2014, along with substantial reductions in energy use (46%), water use (34%), and paper use (65%).
The bank has maintained 100% renewable power purchasing for six years through its partnership with the Aulander Holloman solar facility. Fifth Third has also made progress on its sustainable finance goal, providing $45.33 billion toward its target of $100 billion in environmental and social finance by 2030.
Fifth Third Bank (Nasdaq: FITB) announced an immediate reduction in its prime lending rate to 7.25% from the previous 7.50%. This marks the bank's second rate reduction, following a decrease from 7.75% to 7.50% on December 18, 2024.
Fifth Third Bank (Nasdaq: FITB) has been selected as the new financial agent for the Direct Express® prepaid debit card program by the U.S. Treasury Department's Bureau of the Fiscal Service. The 5-year agreement, starting September 9, 2025, will serve approximately 3.4 million Americans receiving federal benefits.
Fifth Third will modernize the program with enhanced solutions including virtual cards, cardless ATM access, and digital wallet integration. The bank, currently the sixth-largest Commercial Payments provider with $17 trillion in payments volume in 2024, will partner with Money Network Financial as program manager, while Mastercard® continues as the payment network provider.
Fifth Third Bancorp (NASDAQ: FITB) announced its participation in the 2025 Barclays Global Financial Services Conference on September 10, 2025, at 7:30 AM ET. The company will be represented by Tim Spence, chairman, CEO and president, and Bryan Preston, CFO.
The presentation will be accessible via audio webcast through Fifth Third's Investor Relations website for approximately 14 days following the conference. Presentation slides will also be made available in printer-friendly format on the company's website.
Fifth Third Bank (NASDAQ: FITB) has been recognized as a Top Veteran-Friendly Employer for 2025 by U.S Veterans Magazine, highlighting its commitment to supporting military veterans, service members, and their families.
The bank's initiatives include dedicated Military Business Resource Groups (BRGs) that foster community engagement and product development. Notable offerings include a 24/7 dedicated military customer support line, special VA Home Loan rates, and SBA Patriot Express loans for veteran entrepreneurs. The bank recently received recognition from the U.S. Department of Defense through the "Patriot Award" from ESGR in 2024.
Fifth Third Bank (NASDAQ: FITB) celebrated National Dog Day by gifting approximately $40,000 worth of support to pet owners across five cities. The initiative included distributing $53 gift cards and pet care packages to about 750 pet owners at 37 pet-related businesses in Chicago, Knoxville, Nashville, Orlando, and Jacksonville.
The program aims to help offset rising pet care costs, which have reached an average of $1,733 annually per household. The bank also donated $5,300 to SPCA Cincinnati and is running a social media sweepstakes through September 30, 2025, offering 53 additional gift cards and pet packs.
Fifth Third (Nasdaq: FITB) has announced the acquisition of DTS Connex, a leading cash management software solutions provider for multi-location businesses. The strategic acquisition strengthens Fifth Third's position as the sixth-largest commercial payments provider, having processed $17 trillion in payments volume in 2024.
The Bank holds significant market share across payment categories, ranking second in coin and currency revenue and retail lockbox remittances, third in wholesale lockbox remittances, and fifth in account reconciliations. DTS Connex will operate as an independent subsidiary, maintaining its existing client services while enhancing Fifth Third's Commercial Payments capabilities through advanced data sharing and automated cash operations.
Fifth Third Bancorp (NASDAQ: FITB) has announced its earnings release schedule for 2026 and 2027. The bank will report financial results for eight quarters, starting with Q4 2025 on January 20, 2026 and concluding with Q3 2027 on October 19, 2027.
Financial results will be available at 6:30 AM ET on each release date, followed by conference calls that will be accessible through Fifth Third's Investor Relations website. The bank, established in 1858, emphasizes its commitment to innovation and has been recognized among Ethisphere's World's Most Ethical Companies®.
Fifth Third Bank (Nasdaq: FITB) has announced its expansion into Alabama, marking its entry into its 12th state. The bank launched its first financial center in Huntsville, with plans to open 15 locations across Alabama over the next three years - 10 in Huntsville and 5 in Birmingham.
This expansion is part of Fifth Third's broader strategy to open 200 new retail locations by 2028, primarily in Southeast markets. The bank's recent branches have shown strong performance, averaging $25 million in deposit balances within their first year. Fifth Third projects deposit growth of $15-20 billion over the next seven years through this expansion.
The bank is utilizing data analytics and AI-powered tools for strategic location selection and enhanced customer service, including its award-winning Momentum Banking mobile app and redesigned financial centers featuring modern layouts and personalized banking services.
FAQ
What is the current stock price of Fifth Third Bancorp (FITB)?
What is the market cap of Fifth Third Bancorp (FITB)?
