Skip to content
AnalystLens

FIFTH THIRD BANCORP 8-K Report, Corporate Update (Sep 19, 2025)

Reports
Other Events·Exhibits & Filings
Filing Date
Filed September 19, 2025
Period End
September 19, 2025
In the record · 2016–202610-K1210-Q348-K328

FITB filed 12 annual reports (10-K), 34 quarterly reports (10-Q) and 328 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · May ’18May ’18
  2. Leadership change8-K · Jun ’20Jun ’20
  3. Leadership change8-K · Jun ’22Jun ’22
  4. Material agreement8-K · Oct ’24Oct ’24

01—Abstract

Summary

Summary of the 8-K filed September 19, 2025. Cited figures are marked; the original filing is the authoritative source.

Fifth Third Bancorp (FITB) filed an 8-K on September 19, 2025 to disclose that it has delivered a notice to redeem all outstanding 4.500%a Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L, and all related Depositary Shares.

The redemption is scheduled for September 30, 2025. The Series L Preferred Stock will be redeemed at $25,000b per share, and the Depositary Shares at $1,000 per share, in each case plus any declared but unpaid dividends, without accumulation of undeclared dividends. Redemption is made under the optional redemption provisions of the instruments' terms, and upon completion no Series L shares or Depositary Shares will remain outstanding.

From an investor standpoint, the event is primarily a capital-structure housekeeping action rather than an operational or credit development. The filing does not discuss the reasons for the redemption, such as refinancing or capital management considerations, nor does it describe any replacement issuance. The main quantified financial impact is a reduction of approximately $3.5 millionc in net income available to common shareholders in the third quarter of 2025, recognized as incremental preferred dividend expense.

This amount is modest relative to a regional bank of Fifth Third's size, so the direct earnings effect is limited. Investors should monitor whether the redemption is accompanied by a new preferred issuance or other capital actions, which would be more meaningful for the capital stack and future preferred dividend costs.

The filing also includes standard forward-looking statement cautions referencing the company's 10-K risk factors. Overall, the disclosure is routine in nature and does not, on its face, signal a change in Fifth Third's credit profile, liquidity, or operating outlook.

02—Key points

Key Highlights

  1. Fifth Third will redeem all outstanding 4.500% Series L Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 316773DC1) and all related Depositary Shares (CUSIP 316773DB3) on September 30, 2025.
  2. Redemption price is $25,000 per Series L preferred share and $1,000 per Depositary Share, plus any declared but unpaid dividends, with no accumulation of undeclared dividends.
  3. The redemption is executed under the optional redemption provisions of the security terms, and no Series L Preferred Stock or Depositary Shares will remain outstanding afterward.
  4. The redemption reduces net income available to common shareholders by approximately $3.5 million in Q3 2025, recognized as incremental preferred dividend expense.
  5. The notice was delivered to Equiniti Trust Company LLC, acting as Depositary, and notice of redemption will be sent by the Depositary to registered holders.
  6. The filing does not state the rationale for the redemption or disclose any replacement preferred issuance, leaving capital strategy implications unclear.
  7. The event is a routine capital-structure action with limited quantified impact and no disclosed change to credit quality, liquidity, or operating outlook.

03—Questions

Frequently Asked Questions

  1. What is being redeemed and when?

    Fifth Third is redeeming all of its outstanding 4.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L, along with all outstanding Depositary Shares representing that preferred stock. The redemption date is September 30, 2025.

  2. How much will investors receive for each security?

    Each Series L preferred share will be redeemed for $25,000, and each Depositary Share will be redeemed for $1,000. Both amounts are plus any declared but unpaid dividends, without accumulation of undeclared dividends.

  3. What is the financial impact of the redemption on Fifth Third's earnings?

    The company expects the redemption to reduce net income available to common shareholders by approximately $3.5 million in the third quarter of 2025. This amount is treated as incremental preferred dividend expense.

  4. Does this redemption signal a change in Fifth Third's financial condition?

    The filing does not indicate any change in credit quality, liquidity, or operations. It is a redemption of preferred equity under the terms of the instruments. The filing does not explain the reason for the redemption, so investors should look to future disclosures or management commentary on capital plans and any potential replacement issuance.

  5. Will any preferred stock remain outstanding after the redemption?

    No. According to the filing, upon completion of the redemptions, no Series L Preferred Stock or Depositary Shares will remain outstanding.

04—Continue

← View all 8-K filings