21.06.2018 23:15:00
|
Fifth Third Releases Results of 2018 Dodd-Frank Act Company-Run Capital Stress Test
Fifth Third Bancorp (NASDAQ: FITB) today released the results of its company-run stress test as required by the Dodd-Frank Act Stress Test (DFAST) rules (12 CFR Part 252). These rules require that covered companies disclose certain results from its stress test including: a description of the types of risk included in the stress test, a general description of methodologies used in the stress test, estimates of certain financial results and pro forma capital ratios, and an explanation of the most significant causes for the changes in regulatory capital ratios. The results are available on Fifth Third’s Investor Relations website at http://ir.53.com by clicking on "Annual & Quarterly Reports.”
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of March 31, 2018, the Company had $142 billion in assets and operates 1,153 full-service Banking Centers, and 2,459 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to more than 54,000 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, 2018, had $363 billion in assets under care, of which it managed $37 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 "FITB.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20180621006361/en/
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!