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About
Fifth Third Bank
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $111 billion in assets, operates 15 affiliates with 1,312 full-service Banking Centers, including 103 Bank Mart® locations open seven days a week inside select grocery stores and 2,445 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina.
Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 49% interest in Fifth third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2010, had $266 billion in assets under care, of which it managed $25 billion for individuals, corporations and not-for-profit organizations.
TARP
On February 2, 2011 Fifth Third Bancorp repurchased $3.4 billion in preferred stock from the US Treasury under its
Troubled Asset Relief Program, allowing the bank to return to taxpayers their investment, along with more than $350
million in dividends over two years. Having completed this repayment, Fifth Third’s capital position and balance sheet will be among the strongest of peer institutions.
Investor
information and press releases can be viewed at www.53.com.
Fifth Third’s common stock is traded through the NASDAQ®
National Global Select Market System under the symbol “FITB.”
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