Kevin Lavender
On June 25, 2025, Fifth Third Bancorp named Kevin Lavender Vice Chairman, Commercial Bank, effective July 14, 2025.
Highest-materiality recent filing
Fifth Third Bancorp completes $1.273B debt exchange, amends covenants on legacy Comerica notes
Exchange offers accepted $334.8M of 4.000% 2029 notes and $938.2M of 5.982% 2030 notes; total $1.273B new notes issued.
Fifth Third at Morgan Stanley conference: $297B assets, Comerica acquisition closed Feb. 2026
Total assets $297B, deposits $234B, 1,489 branches; ranked 9th in U.S. by assets and deposits.
Fifth Third Bancorp to transfer stock listing from Nasdaq to NYSE effective June 12, 2026
Common stock (FITB) and four preferred depositary share series to transfer from Nasdaq to NYSE.
Early tender: $330.5M (60.1%) of 4.000% 2029 notes and $937.3M (93.7%) of 5.982% 2030 notes tendered.
Fifth Third swaps up to $1.55B Comerica notes for new FITB notes; consent solicitations
Fifth Third Bancorp commenced Exchange Offers up to $1.55B aggregate principal of Existing FTFC (Comerica) notes for new FITB notes plus cash.
FITB shareholders elect 16 directors, ratify Deloitte, approve say-on-pay
All 16 board nominees elected with votes-for ranging from 701M to 734M; no director received < 90% of votes cast.
Fifth Third FY2025: ROAA 1.19%, CET1 10.81%, dividend 5Y CAGR 7%
Full-year 2025 ROAA 1.19%, ROACE 12.6%, efficiency ratio 56.9% (non-GAAP).
Fifth Third Q1 EPS $0.15 includes $0.68 in merger charges; Comerica deal closed Feb 1
Net income available to common shareholders $128M ($0.15 diluted EPS), down from $699M ($1.04) in Q4 2025
Proforma assets $294B, deposits $237B, loans $173B, branches 1,482 reflecting combined Comerica acquisition.
Fifth Third completes Comerica acquisition; files audited Comerica 2024 financials
Acquisition closed February 1, 2026, under agreement dated October 5, 2025.
Fifth Third awards PSUs tied to Comerica integration; CEO receives $5M grant
CEO Timothy Spence receives PSU grant with $5M value, shares must be held until 2031.
Fifth Third updates Comerica integration; legal close Feb 1, system conversion Sept 8
Assets $294B, deposits $237B, loans $173B as of 12/31/25; ranked 9th in U.S. for assets and deposits.
Fifth Third closes merger with Comerica to become 9th largest U.S. bank
Combined assets ~$294B; exchange ratio 1.8663 Fifth Third shares per Comerica share.
Fifth Third issues $2B of senior notes: $1B 4.566% notes due 2032, $1B 5.141% notes due 2037
Issued $1B of 4.566% Fixed/Floating Rate Senior Notes due 2032 and $1B of 5.141% notes due 2037.
Fifth Third Q4 2025 EPS $1.04 beats $0.85 YoY; NIM flat 3.13%, credit improves
Net income available to common $699M, diluted EPS $1.04 vs $0.85 YoY (+22%).
Fifth Third Bancorp announces Q4 2025 earnings release on January 20, 2026
Company issued press release for Q4 2025 earnings with financial results.
Fifth Third receives all regulatory approvals to acquire Comerica; close set for Feb 1, 2026
Fed, OCC, and shareholder approvals now in hand; all material clearances received.
Fifth Third Bank to redeem $750M 3.850% Subordinated Notes on Feb 13, 2026
Fifth Third Bank will redeem all $750M outstanding 3.850% Subordinated Notes due March 15, 2026.
Fifth Third and Comerica shareholders approve merger; deal expected to close Q1 2026
Fifth Third shareholders voted 99.7% in favor (536.8M for) of stock issuance for Comerica acquisition.
Fifth Third board: Hal Harvey retires, Priscilla Almodovar appointed Jan 7, 2026
Thomas H. Harvey notified Fifth Third of his retirement from the Board, effective January 7, 2026.
Fifth Third presents at Goldman Sachs conference; highlights top-decile ROTCE and efficiency
Assets $213B, deposits $167B; ranked 11th among U.S. commercial banks.
Fifth Third presents at BAAB conference; reiterates Q3 2025 metrics & strategy
Presentation repeats Q3 2025 data: $213B assets, $167B deposits, 1,102 branches, #10 US bank.
Fifth Third Q3 2025 EPS $0.91, up 17% YoY; NIM expands 7th straight quarter
Net income available to common $608M, diluted EPS $0.91 (vs $0.78 YoY); revenue (FTE NII + noninterest income) $2,306M.
Each Comerica common share converts into 1.8663 Fifth Third common shares; cash for fractional shares.
Fifth Third to acquire Comerica for $10.9B in all-stock deal; 20% premium to 10-day VWAP
Comerica shareholders receive 1.8663 FITB shares per CMA share (~$82.88/share); Fifth Third owners get 73%, Comerica owners 27%.
Fifth Third completes $300M ASR; 6.93M shares bought at $43.29; ~93.1M shares remain
Total 6,929,352 shares repurchased under July 18 ASR at average price $43.2941 per share.
Fifth Third Bancorp to redeem Series L Preferred Stock; Q3 charge ~$3.5M
Redemption of all Series L Preferred Stock and related Depositary Shares on September 30, 2025.
Alleged external fraudulent activity discovered at a commercial borrower of Fifth Third Bank, National Association associated with an asset-backed finance loan.
Fifth Third Bancorp enters $300M share repurchase pact with Deutsche Bank
Fifth Third agreed to repurchase $300M of common stock from Deutsche Bank AG, London Branch.
Fifth Third Q2 2025 EPS $0.88; NIM expands to 3.12%
Net income available to common shareholders $591M; diluted EPS $0.88 vs $0.71 prior quarter and $0.81 year ago.
Fifth Third Bancorp names Kevin Lavender Vice Chairman, Commercial Bank effective July 14
Kevin Lavender appointed Vice Chairman, Commercial Bank, effective July 14, 2025.
Fifth Third Bancorp authorizes 100M share buyback, replacing prior 11.8M remaining authorization
Board approved repurchase of up to 100 million common shares, effective immediately.
CFO Bryan Preston presented at 2025 Morgan Stanley U.S. Financials Conference on June 10, 2025.
Fifth Third Q1 EPS $0.71, NIM expands 6 bps, avg loans up 3% QoQ
Diluted EPS $0.71 ($478M net income); impact of certain items -$0.02 (Visa total return swap mark).
Fifth Third Bancorp annual meeting results: all proposals pass with majority support
All 13 board nominees elected; votes for ranged from 495M to 532M.
Fifth Third Bancorp highlights FY2024 ROACE 12.47%, CET1 10.57%, dividend CAGR 9% at annual meeting
ROAA of 1.09% and ROACE of 12.47% for FY2024; efficiency ratio (non-GAAP) 59.2%.
Fifth Third completes $225M accelerated share repurchase, buying 5.24M shares at $42.92
Total 5,242,382 shares repurchased under Jan 22 ASR at average price of $42.9194 per share.
Fifth Third to Present at RBC Conference; No Material Details Disclosed
Fifth Third Bancorp will present at the 2025 RBC Capital Markets Financial Institutions Conference on March 5, 2025.
Fifth Third Bancorp presents at February 2025 non-deal roadshow; no new material information
Executives are hosting investor meetings during a February 2025 European roadshow.
Fifth Third Bancorp enters $225M share repurchase agreement with RBC
Agreement dated Jan 22, 2025; $225M paid Jan 23, 2025 to RBC for common stock repurchase.
Fifth Third Q4 net income available to common $582M, EPS $0.85, up 18% YoY
Diluted EPS $0.85 vs $0.72 YoY; net income available to common $582M, up 18%.
Fifth Third Q4 2024 EPS $0.85 beats; NIM expands 7bps to 2.97%
Net income available to common $582M, diluted EPS $0.85 vs $0.78 QoQ and $0.72 YoY.
Fifth Third completes $300M ASR, repurchases 6.66M shares at $45.039 avg
Total 6,660,894 shares repurchased at $45.039 average price under October 21 ASR with Morgan Stanley.
Fifth Third presents at Goldman Sachs conference; no specific financial updates disclosed
Chairman and CEO Tim Spence presented at the 2024 Goldman Sachs Financial Services Conference on December 11, 2024.
Fifth Third Bancorp presents at BAC conference; no material new disclosures in provided excerpt
COO Jamie Leonard and CFO Bryan Preston presenting at 2024 BancAnalysts Association of Boston Conference on Nov 8, 2024.
Fifth Third enters $300M accelerated share repurchase with Morgan Stanley
Repurchase of $300M of common stock under existing 100M-share program announced June 2019.
Fifth Third Q3 2024 EPS $0.78, down from $0.81 QoQ and $0.91 YoY; net income $573M
Diluted EPS of $0.78, down 4% sequentially and 14% YoY; net income available to common $532M.
Fifth Third Bancorp appoints Jeffrey Lopper as CAO with $325K base salary
Jeffrey A. Lopper appointed SVP and Chief Accounting Officer effective October 6, 2024.
Fifth Third CEO Tim Spence to present at Barclays Global Financial Services Conference on Sept 11
Chairman, CEO, and President Tim Spence will present at the Barclays Global Financial Services Conference on September 11, 2024.
Fifth Third Bancorp issues $750M senior notes due 2030 at 4.895%
Issued $750M principal of 4.895% Fixed Rate/Floating Rate Senior Notes due 2030.
On June 25, 2025, Fifth Third Bancorp named Kevin Lavender Vice Chairman, Commercial Bank, effective July 14, 2025.
On August 2, 2024, the Board of Directors of the Company appointed Jeffrey A. Lopper as Senior Vice President and Chief Accounting Officer of the Company effective October 6, 2024.
On August 2, 2024, the Board of Directors of the Company appointed Sara (Sallie) M. Willingham as Senior Vice President and Controller of the Company and Jeffrey A. Lopper as Senior Vice President and Chief Accounting Officer of the Company, both effective October 6, 2024.
On August 2, 2024, Mark D. Hazel notified Fifth Third Bancorp (the “Company”) of his intent to retire as Executive Vice President and Controller of the Company, effective October 6, 2024.
On August 2, 2024, the Board of Directors of the Company appointed Sara (Sallie) M. Willingham as Senior Vice President and Controller of the Company and Jeffrey A. Lopper as Senior Vice President and Chief Accounting Officer of the Company, both effective October 6, 2024.
appointed Jamie C. Leonard as Executive Vice President and Chief Operating Officer of the Company, effective January 2, 2024.
appointed Bryan D. Preston as Executive Vice President and Chief Financial Officer of the Company, effective as of January 2, 2024.
On November 8, 2023, Howard Hammond resigned as Executive Vice President and Head of Consumer Bank of the Company, effective November 9, 2023.
appointed Kathleen A. Rogers and Laurent Desmangles as Directors.
appointed Kathleen A. Rogers and Laurent Desmangles as Directors.
On February 28, 2023 Greg D. Carmichael, the Company’s Executive Chair of the Board of Directors, announced his retirement from the Board of Directors and the Company. His retirement will be effective at the Annual Meeting of Shareholders which is scheduled to be held on April 18, 2023, and he has not been renominated for re-election at that meeting.
Timothy N. Spence will become the new Chief Executive Officer of Fifth Third Bancorp and Fifth Third Bank, National Association effective July 5, 2022.
Max materiality 0.95 · Median 0.55 · Most common event other_material