Fifth Third Bancorp Announces Cash Dividend for MB Financial Series C Preferred Stock
July 22 2019 - 6:38PM
Business Wire
Fifth Third Bancorp (Nasdaq: FITB) announced today that the
Board of Directors of its wholly-owned subsidiary, MB Financial,
Inc. (the “Company”), has declared a quarterly cash dividend on the
Company’s 6.00% Non-Cumulative Perpetual Preferred Stock, Series C
(“Series C Preferred Stock”). This dividend equals $0.375 per
depositary share, each depositary share representing a 1/40th
interest in a share of Series C Preferred Stock, and is payable on
August 26, 2019, to holders of record as of August 12, 2019.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio, and the parent company of Fifth
Third Bank, an Ohio-chartered bank. As of March 31, 2019, Fifth
Third had $168 billion in assets and operated 1,207 full-service
banking centers and 2,559 ATMs with Fifth Third branding in Ohio,
Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West
Virginia, Georgia and North Carolina. In total, Fifth Third
provides its customers with access to approximately 52,000 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, 2019, had $394
billion in assets under care, of which it managed $44 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.” Fifth Third Bank was established in 1858.
Deposit and Credit products are offered by Fifth Third Bank. Member
FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20190722005775/en/
Chris Doll (Investor Relations) Christopher.Doll@53.com |
513-534-2345 Gary Rhodes (Media Relations) July 22, 2019
Gary.Rhodes@53.com | 513-534-4225
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