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Valued at a market cap of $30.2 billion, Cincinnati, Ohio-based Fifth Third Bancorp (FITB) is a diversified financial services company. It operates as the holding company for Fifth Third Bank, the National Association, offering a wide range of financial products and services in the United States.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks and Fifth Third Bancorp fits this criterion perfectly. The company is organized into three key segments: Commercial Banking; Consumer and Small Business Banking; and Wealth & Asset Management. These segments provide services including credit intermediation, deposit and loan products, residential mortgage lending, wealth management, and advisory services to individuals, businesses, and institutional clients.