Fifth Third Bancorp Files 8-K on Preferred Stock

Ticker: FITBM · Form: 8-K · Filed: Sep 10, 2024 · CIK: 35527

Sentiment: neutral

Topics: preferred-stock, disclosure, capital-structure

Related Tickers: FITB

TL;DR

Fifth Third Bancorp filed an 8-K detailing its preferred stock series, including 6.625% and 4.95% rates.

AI Summary

Fifth Third Bancorp filed an 8-K on September 10, 2024, reporting information related to its preferred stock. Specifically, the filing references depositary shares representing ownership interests in various series of perpetual preferred stock, including 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series I, 6.00% Non-Cumulative Perpetual Class B Preferred Stock Series A, and 4.95% Non-Cumulative Perpetual Preferred Stock Series K.

Why It Matters

This filing provides important details about Fifth Third Bancorp's preferred stock offerings, which are key components of its capital structure and can impact investor returns.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of preferred stock information and does not indicate any immediate financial distress or significant operational changes.

Key Numbers

Key Players & Entities

FAQ

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

The primary purpose is to report information regarding its preferred stock, specifically depositary shares representing ownership interests in various series of perpetual preferred stock.

What are the specific series of preferred stock mentioned in the filing?

The filing mentions Series I (6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock), Series A (6.00% Non-Cumulative Perpetual Class B Preferred Stock), and Series K (4.95% Non-Cumulative Perpetual Preferred Stock).

When was this 8-K report filed?

The report was filed on September 10, 2024.

What is the ticker symbol for Fifth Third Bancorp?

While not explicitly stated in the provided text, Fifth Third Bancorp's common stock trades under the ticker FITB.

Does this filing indicate any changes to Fifth Third Bancorp's dividend policy?

This specific filing does not detail changes to dividend policy; it primarily serves as a disclosure of existing preferred stock series and their characteristics.

Filing Stats: 557 words · 2 min read · ~2 pages · Grade level 13.6 · Accepted 2024-09-10 16:30:43

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure On September 11, 2024, Fifth Third Bancorp will present at the 2024 Barclays Global Financial Services Conference. A copy of this presentation is attached as Exhibit 99.1. The information in this 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 – Fifth Third Bancorp 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: September 10, 2024 /s/ Bryan D. Preston Bryan D. Preston Executive Vice President and Chief Financial Officer

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