Fifth Third Bancorp (Nasdaq: FITB) today declared a second quarter 2013
cash dividend on its common shares of $0.12, an increase of $0.01, or 9
percent, from its previous quarterly dividend rate. The cash dividend is
payable on Thursday, July 18, 2013 to shareholders of record as of
Friday, June 28, 2013.
This dividend is consistent with Fifth Third’s proposed potential
dividends as submitted to the Federal Reserve in its 2013 Comprehensive
Capital Analysis and Review (“CCAR”) plan. That plan included the
potential increase in the quarterly dividend to $0.12 per share in the
second quarter of 2013 through the first quarter of 2014. The previous
quarterly dividend was increased in March 2013 by $0.01, or 10 percent,
as included in Fifth Third’s 2012 CCAR plan.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2013, Fifth Third had
$121 billion in assets and operated 18 affiliates with 1,326
full-service Banking Centers, including 104 Bank Mart® locations open
seven days a week inside select grocery stores and 2,437 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 28%
interest in Vantiv Holding, LLC. Fifth Third is among the largest money
managers in the Midwest and, as of March 31, 2013, had $318 billion in
assets under care, of which it managed $27 billion for individuals,
corporations and not-for-profit organizations. Investor
information and press
releases can be viewed at www.53.com.
Fifth Third's common stock is traded on the NASDAQ® National Global
Select Market under the symbol “FITB.”
Fifth Third Bancorp
Investors
Jim Eglseder, 513-534-8424
Laura Wehby, 513-534-7407
or
Media
Larry Magnesen, 513-534-8055