Fifth Third (5/3) Bank is a Cincinnati, Ohio-based corporation, and one of the largest money managers in the Midwest with 1,300 branches in twelve states. Soon after it was announced that Fifth Third Bank had received $3.5 billion in bailout funds as part of the TARP program, the company acquired Florida’s failed Freedom Bank. This comes on the heels of other recent acquisitions by Fifth Third, including the June 2008 purchase of First Charter Corporation and November 2007 acquisition of R-G Crown Bank.
Financial Documents | Federal contracts | Lobbying reports
Political Contributions | Related Articles | Bank Bio Chart
USAspending.gov (Last Accessed 11/14/08)
Center for Responsive Politics (Last Accessed 11/14/08)
List Of Cos Planning To Participate In US Govt's TARP CNNMoney.com – November 13, 2008
Fifth Third Bancorp Names Ross Kari As Chief Financial Officer Reuters Key Development – Nov 12, 2008
As failed bank list grows, jobs also lost Middletown Journal, OH – Nov 8, 2008
Bailout beneficiary takes over Florida bank CNNMoney.com – Nov 1, 2008
5/3 seeks $3.4B infusion Cincinnati.com, OH – Oct 27, 2008
Fifth Third swings to $81M loss in 3Q Forbes, NY – Oct 21, 2008
Bailout Bank Bio: Fifth Third Bancorp
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Federal Equity Investment |
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Total Revenue |
$8.49 billion (2007) |
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Net Income (Loss) |
$1.076 billion (2007) |
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Number of Employees |
21,522 |
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Corporate Headquarters |
Cincinnati, Ohio |
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Business Sector |
Financial |
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Officers and Directors |
Kevin T. Kabat, Chairman of the Board, |
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Corporate Website |
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Executive Compensation |
Last Updated March 12, 2009
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