Fifth Third Bancorp Files 8-K on Financials and Preferred Stock

Ticker: FITBM · Form: 8-K · Filed: Jul 19, 2024 · CIK: 35527

Sentiment: neutral

Topics: financial-condition, preferred-stock, disclosure

Related Tickers: FITB

TL;DR

FITB filed an 8-K detailing financial results and preferred stock series.

AI Summary

Fifth Third Bancorp filed an 8-K on July 19, 2024, to report results of operations and financial condition, along with Regulation FD disclosures and financial statements. The filing specifically details various series of preferred stock, including Series I, Series A, and Series K, with fixed-to-floating rates and perpetual terms.

Why It Matters

This filing provides crucial updates on Fifth Third Bancorp's financial condition and operations, including details on its preferred stock offerings, which are important for investors to assess the company's capital structure and financial health.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial information and does not indicate any immediate or significant risks to the company.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by Fifth Third Bancorp?

The primary purpose of this 8-K filing is to report on Fifth Third Bancorp's results of operations and financial condition, as well as to provide Regulation FD disclosures and financial statements.

What specific types of financial instruments are detailed in the filing?

The filing details various series of preferred stock, including Depositary Shares Representing a 1/1000th Ownership Interest in a Share of 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series I, Depositary Shares Representing a 1/40th Ownership Interest in a Share of 6.00 Not-Cumulative Perpetual Class B Preferred Stock Series A, and Depositary Shares Representing a 1/1000th Ownership Interest in a Share of 4.95 Not-Cumulative Perpetual Preferred Stock Series K.

On what date was this 8-K filing submitted?

This 8-K filing was submitted on July 19, 2024.

What is Fifth Third Bancorp's state of incorporation and fiscal year end?

Fifth Third Bancorp is incorporated in Ohio (OH) and its fiscal year ends on December 31.

What is the SIC code for Fifth Third Bancorp?

The Standard Industrial Classification (SIC) code for Fifth Third Bancorp is 6022, which corresponds to State Commercial Banks.

Filing Stats: 748 words · 3 min read · ~2 pages · Grade level 11.3 · Accepted 2024-07-19 06:31:27

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On July 19, 2024, Fifth Third Bancorp issued a press release announcing its earnings release for the second quarter of 2024. A copy of this press release is attached as Exhibit 99.1. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure. The information in this Item 2.02 of Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities Exchange Act of 1934 or the Securities Act of 1933, except as shall be expressly set forth by specific reference.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On July 19, 2024, Fifth Third Bancorp issued a press release announcing its earnings release for the second quarter of 2024. A copy of this press release is attached as Exhibit 99.1. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure. For the benefit of its investors, Fifth Third Bancorp is also furnishing a presentation regarding its earnings conference call. A copy of this item is attached as Exhibit 99.2. The information in this Item 7.01 of Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities Exchange Act of 1934 or the Securities Act of 1933, except as shall be expressly set forth by specific reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits Exhibit 99.1 – Press release dated July 19, 2024 Exhibit 99.2 – Second Quarter 2024 Earnings Presentation Exhibit 104 – Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIFTH THIRD BANCORP (Registrant) Date: July 19, 2024 /s/ Bryan D. Preston Bryan D. Preston Executive Vice President and Chief Financial Officer

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