Fifth Third Bancorp (NAS:FITB)
$ 43.045 0.215 (0.5%) Market Cap: 29.11 Bil Enterprise Value: 46.53 Bil PE Ratio: 14.30 PB Ratio: 1.56 GF Score: 72/100

Fifth Third Bancorp at BancAnalysts Association of Boston Conference Transcript

Nov 05, 2021 / 12:50PM GMT
Release Date Price: $44.08 (+0.23%)
Terence James McEvoy
Stephens Inc., Research Division - MD & Research Analyst

Good morning, everyone. Next up, on the Friday is Fifth Third Bancorp. Fifth Third Bancorp is a diversified financial services company headquarted in Cincinnati, assets $208 billion. They operate 1,100 full-service banking centers, 2,300 Fifth Third branded ATMs in 11 Midwest and Southeast states, within the Southeast Fifth Third is targeting approximately 25 new branch openings per year through 2025, is on pace to hire 25 middle-market lenders within that region this year. Earlier in the year, the company rolled out Momentum Banking and in June, I believe, acquired Provide, a fintech company serving health care nationally.

With us today from Fifth Third on my left, Tim Spence, President, where he leads all the bank's business lines and regions as well as the bank's strategy. Before being named President in 2020, Tim held several roles with Fifth Third's senior leadership. He joined Fifth Third in 2015 as Chief Strategy Officer. 2018, he was named Head of Consumer Bank, Payments and Strategy, responsible for key

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