Fifth Third Bank
Interested in selling your Fifth Third Bank NNN property or Fifth Third Bank ground lease property and wondering what you can get for it in today’s changing market?
Contact us for a complimentary broker opinion of value for your off-market Fifth Third Bank NNN property for sale or Fifth Third Bank ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the clarity needed to make informed decisions regarding the sale of your Fifth Third Bank NNN property or the inclusion of a Fifth Third Bank ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Fifth Third Bank properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
As of 2024–2025, Fifth Third Bank operates approximately 1,100 full-service banking centers and over 2,300 ATMs across 11 U.S. states, primarily in the Midwest and Southeast.
Core states include:
Ohio, Michigan, Illinois, Indiana, Kentucky, Tennessee, Florida, Georgia, North Carolina, South Carolina, and West Virginia.
Fifth Third is one of the largest regional banks in the United States and continues to expand selectively in high-growth metropolitan markets.
Revenue and income
Fifth Third Bancorp (NASDAQ: FITB) is a publicly traded financial institution, so financials are fully disclosed.
Key financial highlights (approximate, recent years):
Total assets: ~$210+ billion
Annual revenue: ~$8–9 billion
Net income: Typically $2+ billion annually (varies by interest-rate cycle)
Revenue is generated primarily from:
Consumer and commercial lending
Net interest income
Wealth management & investment services
Treasury management
Credit cards and payment processing
Mortgage banking
Fifth Third consistently ranks among the top U.S. regional banks by assets and profitability.
Future plans
Fifth Third Bank’s strategy focuses on disciplined growth, technology investment, and customer-centric banking.
1. Branch optimization & modernization
The bank continues to modernize its physical footprint through:
Renovated, smaller-format branches
Enhanced digital teller and self-service options
Advisory-focused branch layouts
Consolidation of underperforming locations
Branches are designed to complement digital banking rather than replace it.
2. Selective market expansion
Rather than nationwide expansion, Fifth Third focuses on:
High-growth Southeast markets (Florida, Georgia, Carolinas)
Strong commercial banking corridors
Urban and suburban growth hubs
New branches are added selectively where demographics and business activity justify long-term demand.
3. Digital banking & fintech investment
Major investments include:
Mobile and online banking enhancements
Real-time payments and digital wallets
AI-driven fraud detection and security
Improved small-business digital tools
Fifth Third is recognized as a technology-forward regional bank.
4. Commercial & middle-market growth
The bank continues expanding:
Commercial real estate lending
Middle-market and corporate banking
Treasury management services
Healthcare, energy, and manufacturing finance
This segment is a key driver of long-term earnings growth.
5. Sustainability & ESG initiatives
Fifth Third has committed to:
Sustainable finance initiatives
Renewable energy lending
Reduced operational carbon footprint
Community development and affordable housing programs
Corporate vs. franchise
Fifth Third Bank is not a franchise.
All branches are corporate-owned and operated
Banking policies, pricing, compliance, and branding are centrally managed
No independent franchise operators exist
This ensures strict regulatory compliance, consistent customer experience, and centralized risk management.
Additional information about Fifth Third Bank properties
Founded: 1858 (Cincinnati, Ohio)
Name origin: Merger of Fifth National Bank and Third National Bank in 1908
Headquarters: Cincinnati, Ohio, USA
Public company: Fifth Third Bancorp (FITB)
Typical Fifth Third branches offer:
Full-service consumer banking
Business and commercial banking
Mortgage lending
Wealth & investment advisory
ATMs and digital banking kiosks
Fifth Third serves millions of retail, business, and institutional clients and employs tens of thousands of banking professionals nationwide.
Fifth Third Bank History
Fifth Third Bank traces its origins to 1858 in Cincinnati, Ohio, with the founding of the Bank of the Ohio Valley. The modern name “Fifth Third” was created in 1908 following the merger of the Fifth National Bank and the Third National Bank—a combination that produced one of the most distinctive names in U.S. banking.
Throughout the 20th century, Fifth Third expanded steadily across the Midwest through organic growth and strategic acquisitions, building a strong regional banking presence serving consumers, small businesses, and commercial clients. The bank became known for its conservative risk management, community-focused banking model, and strong commercial lending capabilities.
In the 2000s, Fifth Third accelerated growth beyond its Midwest roots, entering the Southeast United States and diversifying its services to include wealth management, investment advisory, treasury management, and payment processing. The bank successfully navigated major economic cycles by strengthening capital levels and focusing on core relationship banking.
Today, Fifth Third Bank operates approximately 1,100 banking centers across 11 U.S. states and is the principal subsidiary of Fifth Third Bancorp (NASDAQ: FITB). Headquartered in Cincinnati, Ohio, the bank continues to invest in digital banking technology, branch modernization, sustainability initiatives, and community development, maintaining its position as one of the leading regional banks in the United States.
Why Invest in Ground Lease and NNN Lease of Fifth Third Bank?
Investing in Fifth Third Bank ground lease or triple net (NNN) lease properties offers compelling advantages due to the bank’s long operating history, strong credit profile, and essential-service business model. Bank branches remain highly desirable NNN assets because of their stability, predictable cash flow, and prime real estate locations.
1) Fifth Third Bank NNN Property Investment: Stable Income
Fifth Third Bank is a major U.S. regional bank serving millions of consumer, commercial, and institutional clients. Banking revenue is diversified across deposits, lending, treasury management, and wealth services, providing consistent operating cash flow. This financial strength supports reliable rent payments under long-term NNN and ground lease structures.
2) Fifth Third Bank NNN Property Investment: Established Tenant
Founded in 1858, Fifth Third Bank has over 165 years of operating history and operates approximately 1,100 branches across 11 states. As a publicly traded institution (NASDAQ: FITB), Fifth Third offers transparency, regulatory oversight, and strong brand recognition—key factors that help reduce tenant and vacancy risk for investors.
3) Fifth Third Bank NNN Property Investment: Low Management Responsibility
Fifth Third Bank NNN and ground leases typically require the tenant to handle:
Property taxes
Insurance
Maintenance and repairs
This structure provides investors with passive ownership and minimal landlord obligations, making Fifth Third properties attractive to 1031 exchange buyers and long-term income investors.
4) Fifth Third Bank NNN Property Investment: Favorable Lease Terms
Fifth Third Bank commonly executes long-term leases, often 10–20 years, with built-in rent escalations or renewal options. These leases are structured to support predictable income growth and long-term tenancy, aligning well with conservative investment strategies focused on capital preservation.
5) Fifth Third Bank NNN Property Investment: Real Estate Value
Fifth Third Bank branches are typically located on corner lots, signalized intersections, and high-traffic corridors with strong demographics. Bank properties often feature:
Prominent visibility
Drive-thru lanes
Strong parking ratios
Infill or redevelopment potential
These attributes help preserve long-term real estate value and enhance the asset’s attractiveness for future re-tenanting or redevelopment if needed.
Pros and Cons of Fifth Third Bank Ground Lease and NNN Lease Investment
Pros:
Stable income supported by a well-established regional bank with a long operating history and diversified revenue streams.
Strong, creditworthy tenant backed by Fifth Third Bancorp (NASDAQ: FITB), a publicly traded and heavily regulated financial institution.
Minimal landlord responsibilities under typical NNN and ground lease structures, with taxes, insurance, and maintenance handled by the tenant.
Long-term lease agreements (often 10–20 years) with renewal options and periodic rent escalations that support predictable income growth.
Prime real estate locations, frequently on corner lots and high-traffic corridors with drive-thru access, helping preserve long-term property value and redevelopment potential.
Cons:
Branch rationalization risk, as banks may consolidate or relocate branches due to increased digital banking adoption.
Lease renewal uncertainty at expiration if the bank chooses to consolidate or exit a specific market.
Limited landlord control due to NNN or ground lease terms and bank-specific operating requirements.
Interest rate and economic cycle sensitivity, which can influence banking profitability and future expansion strategies.
Specialized building design, which may require conversion costs if the property is re-tenanted for a non-bank user.
Just like any NNN investment, evaluating site demographics, lease structure, tenant credit strength, deposit base, and long-term market demand is essential when considering a Fifth Third Bank property. Consulting experienced NNN real estate professionals and financial advisors can help ensure the investment aligns with your objectives, risk tolerance, and 1031 exchange strategy.