Timothy Spence - Fifth Third Executive Vice President Chief Strategy Officer
FITB Stock | USD 48.06 0.10 0.21% |
President
Mr. Timothy N. Spence is Executive Vice President, Head of Consumer Bank, Payments, and Strategy of the Company. Previously, Mr. Spence was Head of Payments, Strategy and Digital Solutions since 2017, and Chief Strategy Officer of the Bancorp since September 2015. Previously, Mr. Spence was a senior partner in the Financial Services practice at Oliver Wyman since 2006, a global strategy and risk management consulting firm.. since 2018.
Age | 45 |
Tenure | 6 years |
Address | 38 Fountain Square Plaza, Cincinnati, OH, United States, 45263 |
Phone | 800 972 3030 |
Web | https://www.53.com |
Fifth Third Management Efficiency
The company has return on total asset (ROA) of 0.0104 % which means that it generated a profit of $0.0104 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1192 %, meaning that it created $0.1192 on every $100 dollars invested by stockholders. Fifth Third's management efficiency ratios could be used to measure how well Fifth Third manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.01. The current year's Return On Capital Employed is expected to grow to 0.04. At present, Fifth Third's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 194.8 B, whereas Other Assets are projected to grow to (3.3 B).Similar Executives
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Management Performance
Return On Equity | 0.12 | ||||
Return On Asset | 0.0104 |
Fifth Third Bancorp Leadership Team
Elected by the shareholders, the Fifth Third's board of directors comprises two types of representatives: Fifth Third inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fifth. The board's role is to monitor Fifth Third's management team and ensure that shareholders' interests are well served. Fifth Third's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fifth Third's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rob Schipper, Head MD | ||
Bryan Preston, Executive CFO | ||
David Girodat, Regional President | ||
James CPA, Executive COO | ||
Thomas Welch, Regional President | ||
Melissa Stevens, Senior Vice President Chief Digital Officer and Head of Omni-Channel Banking | ||
Kevin Lavender, Executive Banking | ||
Jude Schramm, Executive Vice President CIO | ||
Timothy Spence, Executive Vice President Chief Strategy Officer | ||
Robert Shaffer, Chief Human Resource Officer, Executive Vice President | ||
Gregory Carmichael, President CEO, Director | ||
Thomas Partridge, Regional President | ||
Mark Hazel, Principal Accounting Officer, Sr. VP and Controller | ||
Christopher Doll, Director Relations | ||
Mike Butera, Head Bank | ||
Jeffrey Lopper, Senior Officer | ||
Randolph Koporc, Executive Vice President | ||
Susan JD, Executive Officer | ||
Nancy Pinckney, Executive Officer |
Fifth Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fifth Third a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.12 | ||||
Return On Asset | 0.0104 | ||||
Profit Margin | 0.28 % | ||||
Operating Margin | 0.37 % | ||||
Current Valuation | 49.58 B | ||||
Shares Outstanding | 670.54 M | ||||
Shares Owned By Insiders | 0.58 % | ||||
Shares Owned By Institutions | 86.43 % | ||||
Number Of Shares Shorted | 21.96 M | ||||
Price To Earning | 11.22 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fifth Third. If investors know Fifth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 1.42 | Earnings Share 3 | Revenue Per Share 11.78 | Quarterly Revenue Growth (0.03) |
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.