Fifth Third Bancorp today declared cash dividends on its common shares,
Series I preferred shares, and Series J preferred shares.
Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its
common shares of $0.13 for the first quarter of 2015. The dividend is
payable on April 21, 2015 to shareholders of record as of March 31, 2015.
Fifth Third also declared a cash dividend on its 6.625%
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series
I (Nasdaq: FITBI), at the rate of $414.06 per preferred share, which
equates to approximately $0.41406 for each depositary share. Each
depositary share represents a 1/1000th ownership interest in a share of
Series I Preferred Stock. The Series I dividend is payable on March 31,
2015 to shareholders of record as of March 27, 2015.
Fifth Third also declared a cash dividend on its 4.90% Fixed-to-Floating
Rate Non-Cumulative Perpetual Preferred Stock, Series J, at the rate of
$612.50 per preferred share, which equates to approximately $24.50 for
each depositary share. Each depositary share represents a 1/25th
ownership interest in a share of Series J Preferred Stock. The Series J
dividend is payable on March 31, 2015 to shareholders of record as of
March 27, 2015.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of December 31, 2014, the Company
had $139 billion in assets and operated 15 affiliates with 1,302
full-service Banking Centers, including 101 Bank Mart® locations, most
open seven days a week, inside select grocery stores and 2,638 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 22.8%
interest in Vantiv Holding, LLC. Fifth Third is among the largest money
managers in the Midwest and, as of December 31, 2014, had $308 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® Global Select Market
under the symbol "FITB."
Fifth Third Bancorp
Jim Eglseder (Investors), 513-534-8424
or
Laura Wehby (Investors), 513-534-7407
or
Larry Magnesen (Media), 513-534-8055