Fifth Third Bancorp Announces Cash Dividends

CINCINNATI--()--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 third quarter of 2014. The dividend is payable on October 16, 2014 to shareholders of record as of September 30, 2014.

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 $0.4140600 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 September 30, 2014 to shareholders of record as of September 26, 2014.

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 $391.32 per preferred share, which equates to approximately $15.6528 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 September 30, 2014 to shareholders of record as of September 26, 2014 for the dividend period commencing on June 5, 2014 and ending on September 30, 2014.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $133 billion in assets and operates 15 affiliates with 1,309 full-service Banking Centers, including 102 Bank Mart® locations, most open seven days a week, inside select grocery stores and 2,619 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 June 30, 2014, had $305 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."

Contacts

Fifth Third Bancorp
Jim Eglseder (Investors), 513-534-8424
or
Laura Wehby (Investors), 513-534-7407
or
Larry Magnesen (Media), 513-534-8055

Contacts

Fifth Third Bancorp
Jim Eglseder (Investors), 513-534-8424
or
Laura Wehby (Investors), 513-534-7407
or
Larry Magnesen (Media), 513-534-8055