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Fifth Third Bancorp

Industry: Regional Banks

Fortune Rank: 248

For the nine months ended 30 September 2005, Fifth Third Bancorp's interest income rose 20% to $3.64B. Net interest income after loan loss provision fell 1% to $2.04B. Net income applicable to Common fell 10% to $1.22B. Net interest income reflects higher loans outstanding, offset by higher borrowing costs. Lower net income reflects an increase in employee compensation and benefit expenses.

Fifth Third Bancorp (FITB) is a bank holding company that conducts its principal activities through its banking and non-banking subsidiaries from 1,011 banking centers located throughout Ohio, Indiana, Kentucky, Michigan, Illinois, Florida, West Virginia and Tennessee. Principal activities include commercial and retail banking, investment advisory services and electronic payment processing. As of December 31, 2004, the Company's wholly owned second-tier holding company, Fifth Third Financial Corporation, had eight wholly-owned direct subsidiaries: Fifth Third Bank; Fifth Third Bank (Michigan); Fifth Third Bank National Association (Fifth Third Bank); Fifth Third Community Development Corporation; Fifth Third Investment Company; Old Kent Capital Trust I, Franklin Capital Trust I, and Fifth Third Reinsurance Company, Ltd.

Fifth Third Bancorp

Fifth Third Bancorp is a Fortune 500 company. In 2010 Fifth Third Bancorp was ranked number 248 on the Fortune 500 list, making it the 248th largest company in the United States when judged by revenue.

Fifth Third Bancorp achieved revenue of $9,450.00 million in 2010 and earned a profit of $737.00 million.

Fifth Third Bancorp' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 248th compared to 302nd in 2009. This was based on its 2009 revenue of $8,554 million (a change of 1 million compared to 2010) and profits of $-2,113 million (a change of $739 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Fifth Third Bancorp would be ranked 171st rather than 248th due to its profits of $737 in 2010.

* US$ Million

• Address
  • Fifth Third Bancorp
    Fifth Third Center 38 Fountain Square Plaza
    Cincinnati
    OH
    45263
• Contact Details
  • Phone: 513-534-5300
  • Fax: 513-579-6246
  • Website: www.53.com
  • Stock Symbol: FITB

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