Fifth Third Bancorp Files 8-K on Preferred Stock
Ticker: FITBM · Form: 8-K · Filed: Sep 30, 2025 · CIK: 35527
Sentiment: neutral
Topics: preferred-stock, disclosure
Related Tickers: FITB
TL;DR
FIFTH THIRD BANCORP (FITB) filed an 8-K on 9/26/25 regarding preferred stock series.
AI Summary
On September 26, 2025, Fifth Third Bancorp filed an 8-K report detailing events related to its preferred stock. The filing specifically mentions depositary shares representing ownership interests in various series of its fixed-to-floating rate non-cumulative perpetual preferred stock, including Series I, Series A, and Series K.
Why It Matters
This filing provides updates on Fifth Third Bancorp's preferred stock offerings, which are important for investors holding or considering these securities.
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 Players & Entities
- Fifth Third Bancorp (company) — Registrant
- September 26, 2025 (date) — Date of earliest event reported
- 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series I (security) — Preferred Stock Series
- 6.00 Not-Cumulative Perpetual Class B Preferred Stock Series A (security) — Preferred Stock Series
- 4.95 Not-Cumulative Perpetual Preferred Stock Series K (security) — Preferred Stock Series
FAQ
What is the primary purpose of this 8-K filing for Fifth Third Bancorp?
The primary purpose is to report on events related to depositary shares representing ownership interests in various series of its preferred stock, specifically Series I, Series A, and Series K.
What date is associated with the earliest event reported in this filing?
The date of the earliest event reported is September 26, 2025.
Which specific series of preferred stock are mentioned in the filing?
The filing mentions depositary shares representing ownership interests in 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series I, 6.00 Not-Cumulative Perpetual Class B Preferred Stock Series A, and 4.95 Not-Cumulative Perpetual Preferred Stock Series K.
What is the ticker symbol for Fifth Third Bancorp?
The ticker symbol for Fifth Third Bancorp is FITB.
What is the standard industrial classification for Fifth Third Bancorp?
The standard industrial classification for Fifth Third Bancorp is Commercial Banks [6022].
Filing Stats: 663 words · 3 min read · ~2 pages · Grade level 13.8 · Accepted 2025-09-30 16:20:35
Key Financial Figures
- $300 million — ifth Third would purchase approximately $300 million of its outstanding common stock. Fifth
- $43.2941 — 18 th agreement, at an average price of $43.2941 per share. After completion of the Ju
Filing Documents
- fitb-20250926.htm (8-K) — 36KB
- fitb-20250926_g1.jpg (GRAPHIC) — 132KB
- 0000035527-25-000196.txt ( ) — 497KB
- fitb-20250926.xsd (EX-101.SCH) — 4KB
- fitb-20250926_def.xml (EX-101.DEF) — 17KB
- fitb-20250926_lab.xml (EX-101.LAB) — 34KB
- fitb-20250926_pre.xml (EX-101.PRE) — 18KB
- fitb-20250926_htm.xml (XML) — 6KB
01 Other Events
Item 8.01 Other Events. As previously announced, on July 18, 2025, Fifth Third Bancorp ("Fifth Third") entered into an accelerated share repurchase transaction with Deutsche Bank AG, London Branch ("Deutsche"), with Deutsche Bank Securities, Inc. acting as agent, pursuant to which Fifth Third would purchase approximately $300 million of its outstanding common stock. Fifth Third is repurchasing the shares of its common stock as part of its 100 million share repurchase program previously announced in a press release on June 16, 2025 and a current report on Form 8-K filed on June 16, 2025. On September 26, 2025, Fifth Third was notified by Deutsche that it had finished purchasing shares under the July 18 th agreement. A total of 5,926,098 shares were repurchased upon execution of the agreement and an additional 1,003,254 shares were repurchased upon final settlement on September 29, 2025. In total, 6,929,352 shares were repurchased under the July 18 th agreement, at an average price of $43.2941 per share. After completion of the July 18 th agreement, Fifth Third has approximately 93.1 million shares of remaining repurchase authority under the aforementioned share repurchase program. Deutsche and certain of its affiliates have performed, and in the future may perform, various financial advisory and other services for Fifth Third and Fifth Third's affiliates for which they have received, and may in the future receive, customary fees and expenses.
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 30, 2025 By: /s/ BRENNEN WILLINGHAM Brennen Willingham Senior Vice President and Treasurer