Fifth Third Bancorp

NasdaqGS:FITB Stock Report

Market Cap: US$28.5b

Fifth Third Bancorp Management

Management criteria checks 4/4

Fifth Third Bancorp's CEO is Tim Spence, appointed in Oct 2020, has a tenure of 5.08 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 $13.92M. The average tenure of the management team and the board of directors is 4.6 years and 8.4 years respectively.

Key information

Tim Spence

Chief executive officer

US$10.1m

Total compensation

CEO salary percentage10.62%
CEO tenure5.1yrs
CEO ownership0.05%
Management average tenure4.6yrs
Board average tenure8.4yrs

Recent management updates

Recent updates

Fifth Third Bancorp To Acquire Comerica: Both Sets Of PFDs Reviewed: Mixed Results

Oct 09

Fifth Third Bancorp: Solid Q1 But Valuation Is Fair

Apr 19

Fifth Third: Strong Tailwinds But Concerning Valuation

Jan 05

Fifth Third Bancorp Doubled: Why I Believe It Has Still Room To Run

Oct 18

Fifth Third Bancorp Series I PFD Offers 9% Yield But Potential Negative YTC

Sep 08

Fifth Third Bancorp Q2 Earnings Preview: NIM Improvement Likely Priced In (Rating Downgrade)

Jul 16

Fifth Third Bancorp: Expensive For The Right Reasons

Apr 24

Fifth Third Bancorp Q1 Earnings Preview: Higher Rates Could Boost Guidance (Rating Upgrade)

Apr 16

Fifth Third Bancorp: Holding On To Strong Fundamentals Despite Regional Banking Headwinds

Feb 05

Fifth Third Q4 Earnings: Buybacks Coming Sooner Than Expected

Jan 26

CEO Compensation Analysis

How has Tim Spence's remuneration changed compared to Fifth Third Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$2b

Jun 30 2025n/an/a

US$2b

Mar 31 2025n/an/a

US$2b

Dec 31 2024US$10mUS$1m

US$2b

Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$9mUS$1m

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$2b

Mar 31 2023n/an/a

US$2b

Dec 31 2022US$8mUS$827k

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$4mUS$621k

US$3b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

US$2b

Mar 31 2021n/an/a

US$2b

Dec 31 2020US$3mUS$515k

US$1b

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$3mUS$493k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$3mUS$480k

US$2b

Compensation vs Market: Tim's total compensation ($USD10.11M) is about average for companies of similar size in the US market ($USD13.43M).

Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.

CEO

Tim Spence (46 yo)

5.1yrs
Tenure
US$10,107,358
Compensation

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

NamePositionTenureCompensationOwnership
Timothy Spence
Chairman5.1yrsUS$10.11m0.049%
$ 13.9m
Bryan Preston
Executive VP & CFO1.8yrsUS$2.58m0.013%
$ 3.7m
James Leonard
Executive VP & COO1.8yrsUS$6.32m0.021%
$ 6.0m
Robert Shaffer
Executive VP & Chief Risk Officer5yrsUS$5.55m0.030%
$ 8.6m
Kevin Lavender
EVP & Vice Chair of Commercial Bank19.9yrsUS$5.54m0.020%
$ 5.6m
Jeffrey Lopper
Senior VP & Chief Accounting Officer1.1yrsno data0.0074%
$ 2.1m
Jude Schramm
Executive VP & Chief Information Officer7.7yrsUS$2.27m0.0081%
$ 2.3m
Matt Curoe
Senior Director of Investor Relationsno datano datano data
Christian Gonzalez
Executive VP & Chief Legal Officerless than a yearno data0%
$ 0
Melissa Stevens
Executive VP & Chief Marketing Officer5yrsno data0.0098%
$ 2.8m
Nancy Pinckney
Executive VP & Chief Human Resources Officer4.2yrsno data0.012%
$ 3.4m
David Girodat
Regional Presidentno datano datano data
4.6yrs
Average Tenure
53.5yo
Average Age

Experienced Management: FITB's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Timothy Spence
Chairman3.3yrsUS$10.11m0.049%
$ 13.9m
Ralph Michael
Chairman of the Cincinnati region7.7yrsno datano data
Mitchell Feiger
Independent Director5.4yrsUS$268.68k0.076%
$ 21.7m
Charles Daniels
Independent Director6.7yrsUS$270.00k0.050%
$ 14.3m
B. Bayh
Independent Director14.4yrsUS$246.84k0.00045%
$ 128.3k
Thomas Harvey
Independent Director6.7yrsUS$280.00k0.019%
$ 5.3m
Gary Heminger
Independent Director18.9yrsUS$310.00k0.0091%
$ 2.6m
Nicholas Akins
Lead Independent Director12.1yrsUS$315.66k0%
$ 0
Eileen Mallesch
Independent Director9.2yrsUS$300.00k0%
$ 0
Linda Clement-Holmes
Independent Director5.3yrsUS$255.00k0%
$ 0
Katherine Blackburn
Independent Director10.9yrsUS$255.00k0.012%
$ 3.4m
Jorge Benitez
Independent Director10.5yrsUS$280.00k0%
$ 0
8.4yrs
Average Tenure
65.5yo
Average Age

Experienced Board: FITB's board of directors are considered experienced (8.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/11 12:23
End of Day Share Price 2025/11/11 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fifth Third Bancorp is covered by 42 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
David GeorgeBaird
Jason GoldbergBarclays