Fifth Third Bank formed a new structure within its commercial bank. The new structure is designed to empower the bank to serve clients with a broader array of services, including more complex financial activities and expert investment advice. read more

OCT 4, 2024 - 6:15 am

Fifth Third was recognized by USA Today as among America’s Climate Leaders 2024. As part of its sustainability commitment, Fifth Third has set a target of providing $100 billion in environmental and social finance (sustainable finance) by 2030. read more

SEP 30, 2024 - 6:11 am

Fifth Third Bank has been named “U.S. Best Super-Regional Bank” by Euromoney in the magazine’s 2024 Awards for Excellence. read more

JUL 22, 2024 - 6:26 am

Fifth Third Bancorp entered a definitive agreement to acquire Provide, a digital platform for healthcare practices. The transaction adds digital capabilities addressing the lending and banking needs of retail healthcare providers. read more

JUN 23, 2021 - 6:25 am

Fifth Third Bank launched the Greater Cincinnati COVID-19 Small Business Response and Recovery Initiative, providing businesses of 25 employees or fewer in low-to-moderate income areas with advice and access to capital through the initiative’s loan and grant programs. read more

DEC 14, 2020 - 7:32 am

Fifth Third Bancorp appointed Jamie Leonard to the role of CFO, effective immediately. The company also appointed Bob Shaffer chief risk officer to succeed Leonard, and Peg Jula chief human resources officer, succeeding Shaffer. read more

NOV 10, 2020 - 7:31 am

Fundation has collaborated with Fifth Third Bank to modernize Fifth Third Bank’s loan origination capabilities for small business loans and lines of credit. read more

FEB 24, 2020 - 6:32 am

Fifth Third Bancorp has received all necessary regulatory approvals for completion of its acquisition of MB Financial as stipulated in the companies’ merger agreement from May 20, 2018. read more

MAR 11, 2019 - 6:45 am

Fifth Third and MB Financial signed a definitive merger agreement under which MB will merge with Fifth Third in a transaction valued at approximately $4.7 billion. read more

MAY 21, 2018 - 7:21 am

Ernest Tsorvas was promoted to head of Equipment Finance for Fifth Third Bank, and will continue to report to Tom Partridge, who will now lead Commercial Specialty Products. read more

JAN 26, 2018 - 7:38 am

Fifth Third added two regional relationship managers, Robin Harmon and Mike Duffy, to its commercial equipment financing group. read more

JUN 28, 2017 - 7:22 am

Fifth Third Bancorp added Scott Jackson, Larry Nogueira and John Turck as regional relationship managers to its Commercial Equipment Financing group. read more

MAR 2, 2017 - 6:36 am

According to Reuters, five U.S. regional banks put aside millions of dollars during Q1/16 to cover potential losses from loans to the energy sector. read more

APR 25, 2016 - 7:29 am

Fifth Third reported Q1/16 earnings were $312 million, down from $346 million for the same quarter in 2015. The bank’s loan loss charge of $119 million was up 72% from a year earlier primarily as a result of reserving for nonperforming energy related C&I loans. read more

APR 25, 2016 - 6:54 am

In its Summary of States’ 2014 Annual Reports, the State Small Business Credit Initiative said that Fifth Third Bank is the largest lender by dollar amount since the program’s inception in 2011. read more

SEP 10, 2015 - 7:18 am