Compare · FITB vs TFC
FITB vs TFC
Side-by-side comparison of Fifth Third Bancorp (FITB) and Truist Financial Corporation (TFC): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both FITB and TFC operate in Major Banks (Finance), so they compete in similar markets.
- TFC is the larger of the two at $56.10B, about 1.2x FITB ($48.42B).
- Over the past year, FITB is up 17.3% and TFC is up 7.6% - FITB leads by 9.7 points.
- FITB has been more active in the news (12 items in the past 4 weeks vs 4 for TFC).
- Both have 25 recent analyst ratings on file.
Fifth Third Bancorp
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of March 31, 2021, the Company had $207 billion in assets and operates 1,098 full-service Banking Centers, and 2,383 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to approximately 53,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2021, had $464 billion in assets under care, of which it managed $58 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. 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 ÂFITBÂ.
Truist Financial Corporation
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services. As of December 31, 2020, the company operated through 2,781 banking offices. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
Latest FITB
- TD Cowen resumed coverage on Fifth Third with a new price target
- Fifth Third Names Darren King Head of the Commercial Bank
- Forbes Recognizes Fifth Third for Customer Service Excellence for Fourth Year
- New insider Burkhart Megan D claimed ownership of 175,349 shares (SEC Form 3)
- Fifth Third Bank Launches Innovation Banking, a Growth Platform Built for Companies at Every Stage
- Fifth Third and Trust & Will Recognized as Best Fintech Partnership by Finovate
- Fifth Third Bancorp filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Fifth Third Bancorp Announces Redemption of Senior Notes
- Fifth Third Bancorp Announces Expiration and Results of Registered Exchange Offer for Notes Issued in Prior Private Exchange Offer
- Fifth Third Bancorp filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
Latest TFC
- Truist Foundation announces $250,000 grant ahead of Hurricane Isaias landfall
- TD Cowen resumed coverage on Truist with a new price target
- Urban Strategies, Inc. Receives $1.5 Million Truist Grant to Advance Community Wealth Building and Expand Capital for Emerging Businesses
- HSBC Securities resumed coverage on Truist with a new price target
- Truist announces third quarter 2026 earnings call details
- President & CEO Lyons Michael P. bought $1,015,577 worth of shares (21,000 units at $48.36) (SEC Form 4)
- Truist announces redemption of subordinated notes due October 2026
- Truist Financial Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- Truist advances AI to create more meaningful client interactions
- SEC Form 4 filed by President & CEO Lyons Michael P.