Fifth Third Bancorp Management
Management criteria checks 3/4
Fifth Third Bancorp's CEO is Tim Spence, appointed in Oct 2020, has a tenure of 3.25 years. total yearly compensation is $10.11M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.049% of the company’s shares, worth €11.52M. The average tenure of the management team and the board of directors is 4.5 years and 8.3 years respectively.
Key information
Tim Spence
Chief executive officer
US$10.1m
Total compensation
| CEO salary percentage | 10.62% |
| CEO tenure | 5yrs |
| CEO ownership | 0.05% |
| Management average tenure | 4.5yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | US$2b |
| Mar 31 2025 | n/a | n/a | US$2b |
| Dec 31 2024 | US$10m | US$1m | US$2b |
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$9m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$8m | US$827k | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$4m | US$621k | US$3b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$3m | US$515k | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$2b |
| Dec 31 2019 | US$3m | US$493k | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$3m | US$480k | US$2b |
Compensation vs Market: Tim's total compensation ($USD10.11M) is above average for companies of similar size in the Italian market ($USD3.55M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Spence (46 yo)
Mr. Timothy N. Spence, also known as Tim, serves as the President at Fifth Third Bancorp since October 26, 2020 and serves as its Chief Executive officer since July 05, 2022 and also serves as its Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5yrs | US$10.11m | 0.049% € 11.5m | |
| Executive VP & CFO | 1.8yrs | US$2.58m | 0.013% € 3.0m | |
| Executive VP & COO | 1.8yrs | US$6.32m | 0.021% € 5.0m | |
| Executive VP & Chief Risk Officer | 4.9yrs | US$5.55m | 0.030% € 7.1m | |
| EVP & Vice Chair of Commercial Bank | 19.8yrs | US$5.54m | 0.020% € 4.7m | |
| Senior VP & Chief Accounting Officer | 1yr | no data | 0.0074% € 1.7m | |
| Executive VP & Chief Information Officer | 7.6yrs | US$2.27m | 0.0081% € 1.9m | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Executive VP & Chief Legal Officer | less than a year | no data | 0% € 0 | |
| Executive VP & Chief Marketing Officer | 4.9yrs | no data | 0.0098% € 2.3m | |
| Executive VP & Chief Human Resources Officer | 4.1yrs | no data | 0.012% € 2.8m | |
| Regional President | no data | no data | no data |
Experienced Management: 1FTHB's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3.3yrs | US$10.11m | 0.049% € 11.5m | |
| Chairman of the Cincinnati region | 7.6yrs | no data | no data | |
| Independent Director | 5.3yrs | US$268.68k | 0.076% € 17.9m | |
| Independent Director | 6.6yrs | US$270.00k | 0.050% € 11.8m | |
| Independent Director | 14.3yrs | US$246.84k | 0% € 0 | |
| Independent Director | 6.6yrs | US$280.00k | 0.019% € 4.4m | |
| Independent Director | 18.8yrs | US$310.00k | 0.0091% € 2.1m | |
| Lead Independent Director | 12yrs | US$315.66k | 0% € 0 | |
| Independent Director | 9.1yrs | US$300.00k | 0% € 0 | |
| Independent Director | 5.3yrs | US$255.00k | 0% € 0 | |
| Independent Director | 10.8yrs | US$255.00k | 0.012% € 2.8m | |
| Independent Director | 10.4yrs | US$280.00k | 0% € 0 |
Experienced Board: 1FTHB's board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/13 15:00 |
| End of Day Share Price | 2025/10/10 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Fifth Third Bancorp is covered by 44 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Jason Goldberg | Barclays |