- Jim Eglseder (Analysts) 513.534.8424
- Debra DeCourcy, APR (Media) 513.534.4153
Fifth Third Bancorp Announces Second Quarter Dividend;
Appoints Mary Tuuk Executive Vice President
Fifth Third Bancorp (NASDAQ: FITB) today declared its second quarter 2007 cash dividend on its common shares of $0.42. The cash dividend is payable on July 19, 2007 to shareholders of record as of June 29, 2007. The Bancorp will report second quarter financial results on July 19, 2007.
“We are pleased to again deliver a strong quarterly cash dividend, and we thank our shareholders for their continued confidence and support,” said Kevin T. Kabat, Fifth Third Bancorp president & CEO.
Additionally, the board of directors today appointed Mary Tuuk to executive vice president. Tuuk was recently named chief risk officer and member of Fifth Third’s Enterprise Committee – the leadership committee of the Bank.
Fifth Third Bancorp (NASDAQ: FITB) is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $99.8 billion in assets, operates 18 affiliates with 1,166 full-service Banking Centers, including 107 Bank Mart(R) locations open seven days a week inside select grocery stores and 2,127 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2007, has $225 billion in assets under care, of which it managed $34 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 through the NASDAQ® National Global Select Market System under the symbol "FITB."