8-KOther Events

FIFTH THIRD BANCORP 8-K Report (Jun 1, 2001)

Filed June 1, 2001For Securities:FITBFITBOFITBPFITB-PIFITB-PMFITB-PAFITBIFITB-PK

Summary

Fifth Third Bancorp (FITB) filed an 8-K report on June 1, 2001, providing supplemental financial information to aid investors and analysts in understanding the company's performance, particularly in light of its recent acquisition of Old Kent Financial Corporation. The filing includes management's discussion of trends and a quarterly financial supplement, encompassing data from 1Q01 back to 1Q99. A key aspect of the provided data is its preliminary inclusion of the Old Kent acquisition's effects, presented as if the merger had occurred retroactively across all presented periods. This retrospective accounting aims to offer a more comprehensive view of the combined entity's financial trajectory and potential impact on earnings and balance sheet metrics.

Key Highlights

  • 1The 8-K filing provides unaudited condensed financial statements and supplemental data for Fifth Third Bancorp.
  • 2Key information includes management's discussion of trends and a quarterly financial supplement covering periods from 1Q01 back to 1Q99.
  • 3The filing preliminarily reflects the impact of the acquisition of Old Kent Financial Corporation, completed on April 2, 2001.
  • 4Financial data presented incorporates the Old Kent acquisition's effects as if the companies were combined for all periods shown.
  • 5The supplementary information is intended to assist investors and financial analysts in assessing the acquisition's effects.
  • 6The data has been prepared without audit for informational purposes.
  • 7Neal E. Arnold, Executive Vice President and Chief Financial Officer, signed the report.

Frequently Asked Questions

The primary purpose of this 8-K filing is to provide investors, financial analysts, and other interested parties with supplemental unaudited financial information. This includes management's discussion of trends and quarterly financial data, specifically to help them understand the financial impact of Fifth Third Bancorp's acquisition of Old Kent Financial Corporation.

The financial data presented in the supplemental exhibits preliminarily includes the effects of the Old Kent Financial Corporation acquisition. This impact is shown 'as if' the entities had been combined for all periods presented, meaning the financial statements have been restated to reflect the acquisition retroactively for analytical purposes.

The unaudited condensed financial statements and supplemental financial data cover each of the six years ended December 31, 2000, and each of the nine quarters in the period ended March 31, 2001.

No, the attached information, including the condensed financial statements and supplemental data, has been prepared without audit. It is furnished solely to assist investors and analysts in their analysis.