Fifth Third Bank FITB Wealth And Asset Management — Goodwill
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Where this comes from
Reported directly by Fifth Third Bank in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The official record: Fifth Third Bank’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Fifth Third Bank's wealth and asset management — goodwill?
- Fifth Third Bank (FITB) reported wealth and asset management — goodwill of $225M in Q1 2026.
- What is the long-term trend for Fifth Third Bank's wealth and asset management — goodwill?
- Over 3 years (2021 to 2024), Fifth Third Bank's wealth and asset management — goodwill has grown at a -0.9% compound annual growth rate (CAGR), from $925M to $900M.
- What does wealth and asset management — goodwill mean?
- This represents the intangible asset created when the Investment Advisors segment was acquired for a price exceeding the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and intellectual property within the wealth management division. Monitoring this value is essential for assessing potential impairment risks related to the segment's long-term growth prospects.