Fifth Third Bancorp (NAS:FITB)
$ 37.25 0.43 (1.17%) Market Cap: 25.48 Bil Enterprise Value: 42.77 Bil PE Ratio: 11.83 PB Ratio: 1.51 GF Score: 73/100

Fifth Third Bancorp at Bank of America Merrill Lynch Future of Financials Conference Transcript

Nov 06, 2019 / 01:00PM GMT
Release Date Price: $30.43 (+0.26%)
Erika Najarian
BofA Merrill Lynch, Research Division - MD and Head of US Banks Equity Research

So good morning, everybody. Thanks so much for joining us for day 2 of our Future of Financials Conference. So this morning, we have Fifth Third's Chief Financial Officer, Tayfun Tuzun. Since being named CFO in October 2013, Tayfun has overseen the bank's tangible book value grow over 60%, 20% more than peers over that period. Shares of Fifth Third recently reversed its year-to-date underperformance after management helped to alleviate revenue-related concerns during its third quarter earnings call and indicated that they'd managed costs appropriately. We also have Jamie Leonard, the bank's treasurer, on stage with him today. And with that, I'd like to welcome you guys for the stage. Thank you so much for joining us.

Tayfun Tuzun
Fifth Third Bancorp - Executive VP & CFO

Thanks for having us.

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Erika Najarian
BofA Merrill Lynch, Research Division - MD and Head of US Banks Equity Research

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