8-KOther Events

FIFTH THIRD BANCORP 8-K Report (Apr 4, 2001)

Filed April 4, 2001For Securities:FITBFITBOFITBPFITB-PIFITB-PMFITB-PAFITBIFITB-PK

Summary

This Form 8-K filing from Fifth Third Bancorp (FITB) reports the consummation of its merger with Old Kent Financial Corporation, which officially closed on April 2, 2001. This strategic combination, previously announced and detailed in earlier filings, marks a significant expansion for Fifth Third Bancorp. Investors should note that this filing includes the audited financial statements of Old Kent Financial Corporation for the three years ended December 31, 2000, providing crucial historical data for the acquired entity. The integration of Old Kent is expected to create a larger, more diversified financial institution. While pro forma financial information for the combined entity has been previously disclosed, this report's primary focus is on confirming the closing of the merger and providing the standalone historical financials of Old Kent. Investors interested in the long-term impact should review these financials to understand the scale and performance of the acquired business.

Key Highlights

  • 1Fifth Third Bancorp (FITB) officially closed its merger with Old Kent Financial Corporation on April 2, 2001.
  • 2This Form 8-K reports the consummation of the previously announced merger.
  • 3The filing includes the audited consolidated financial statements of Old Kent Financial Corporation for the years ended December 31, 2000, 1999, and 1998.
  • 4The merger signifies a significant expansion for Fifth Third Bancorp.
  • 5Previously filed pro forma financial information for the combined entity remains relevant.
  • 6Key agreements related to the merger, including the Agreement and Plan of Merger, are incorporated by reference.

Frequently Asked Questions

The primary purpose of this filing is to report the official closing of the merger between Fifth Third Bancorp and Old Kent Financial Corporation, which occurred on April 2, 2001. It also serves to include the audited financial statements of the acquired company, Old Kent.

This report includes the audited consolidated financial statements of Old Kent Financial Corporation for the three years ended December 31, 2000, encompassing the Consolidated Balance Sheets, Statements of Income, Statements of Cash Flows, and Statements of Shareholders' Equity, along with the Notes to Consolidated Financial Statements.

Yes, Fifth Third Bancorp had previously filed unaudited pro forma condensed combined financial information for the transaction in earlier Form 8-K filings on January 30, 2001, and March 6, 2001. This current filing focuses on confirming the merger closure and providing the historical financials of the acquired entity.

Key agreements incorporated by reference include the Agreement and Plan of Merger dated November 20, 2000, the Amended and Restated Agreement and Plan of Merger dated January 16, 2001, and a Stock Option Agreement dated November 20, 2000. These documents outline the terms and conditions of the merger.