Summary
This 10-K/A filing from FIFTH THIRD BANCORP (FITB) for the fiscal year ended December 31, 2001, is an amendment to correct minor typographical errors in previously filed financial statements, specifically regarding the Cash and Due from Banks balance and Net Income for the fiscal year 2000. The filing reconfirms the company's operational and financial status as of early 2002, with a significant market capitalization of over $30 billion and over 582 million shares outstanding. Investors should note that the core financial data remains consistent with the original filing, with the amendment serving a purely technical correction purpose. As the report incorporates by reference the 2001 Annual Report to Shareholders and the 2002 Proxy Statement, these documents would contain the detailed financial performance, management discussions, and governance information for the period. The extensive list of exhibits includes various debt instruments, trust agreements, and compensation plans, reflecting the company's structured financing and executive compensation strategies.
Key Highlights
- 1The filing is an amendment (10-K/A) to correct minor typographical errors in prior financial statements, specifically for the fiscal year 2000 Net Income and the 2001 Cash and Due from Banks balance.
- 2Fifth Third Bancorp had a substantial market value of approximately $30.7 billion as of February 28, 2002, indicating a significant presence in the banking sector.
- 3The company had over 582 million shares of common stock outstanding as of February 28, 2002.
- 4The financial statements for the fiscal years 2001, 2000, and 1999, as well as balance sheets as of December 31, 2001 and 2000, are incorporated by reference from the 2001 Annual Report to Shareholders.
- 5The filing includes a wide array of exhibits detailing various debt issuances, trust agreements, and compensatory plans, offering insight into the company's financial structure and employee incentive programs.
- 6The company has filed all required reports and has been subject to filing requirements for the past 90 days, indicating ongoing compliance with SEC regulations.
- 7Arthur Andersen LLP provided the audit report for Old Kent Financial Corporation's financial statements as of December 31, 2000, while Deloitte & Touche LLP are listed as auditors for Fifth Third Bancorp.