Fifth Third Bancorp at Goldman Sachs U.S. Financial Services Conference Summary - Thomson StreetEvents

Fifth Third Bancorp at Goldman Sachs U.S. Financial Services Conference Summary

Fifth Third Bancorp at Goldman Sachs U.S. Financial Services Conference Summary - Thomson StreetEvents
Fifth Third Bancorp at Goldman Sachs U.S. Financial Services Conference Summary
Published Dec 11, 2024
14 pages (7423 words) — Published Dec 11, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of FITB.OQ presentation 11-Dec-24 1:00pm GMT

  
Brief Excerpt:

...A. Despite this, we've maintained our full year NII and PPNR guidance that we provided in January, and we did so without expending shareholder capital on an investment portfolio restructuring charge. B. We expect these areas to continue to produce strong growth and market share gains. C. By the end of 2028 nearly half of all Fifth Third's branches will be in the Southeast, and we will have achieved our goal of top five locational share in these high growth markets. D. The continued maturation of the 119 De Novos we have already opened, combined with the growth of the new branches we will build, should generate an additional $15 billion in deposits over the next 10 years. E. Fee income represents 34% of total revenue at Fifth Third, compared to peer medium at 28%. F. Wealth management, commercial payments, and capital markets represent 55% of our total fee base. G. Our investments in wealth management and commercial payments have shown an accelerating contribution to our performance in 2024,...

  
Report Type:

Brief

Source:
Company:
Fifth Third Bancorp
Ticker
FITB.OQ
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Fifth Third Bancorp at Goldman Sachs U.S. Financial Services Conference Summary" Dec 11, 2024. Alacra Store. May 05, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Fifth-Third-Bancorp-at-Goldman-Sachs-U-S-Financial-Services-Conference-B16197617>
  
APA:
Thomson StreetEvents. (2024). Fifth Third Bancorp at Goldman Sachs U.S. Financial Services Conference Summary Dec 11, 2024. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Fifth-Third-Bancorp-at-Goldman-Sachs-U-S-Financial-Services-Conference-B16197617>
  
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