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-0.000742863207046516 -0.00127347978350848 -0.00137960309880076 -0.000212246630584697 -0.00127347978350848 0.00127347978350848 0.000212246630584697 0.00139446036294173
Stock impact report

Fifth Third Unveils Expansion Strategy to Open More Than 200 Branches [Yahoo! Finance]

Fifth Third Bancorp (FITB) 
Last fifth third bancorp earnings: 4/21 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.53.com/investor-overview
Company Research Source: Yahoo! Finance
This was announced by the company's chief operating officer Jamie Leonard at the BancAnalysts Association of Boston Conference on Nov. 8. With this expansion strategy, FITB intends to enhance its customer experience through a combination of digital and physical infrastructure, fostering deeper banking relationships and driving sustainable growth. Fifth Third uses a suite of proprietary technology to guide its expansion and strategically place locations where clients want and need them. The bank created a Market Strength Index to identify new cities for its network and a geospatial heatmap to pinpoint potential branch sites in prioritized cities. The company deploys an economical and disciplined approach to connect data to build better relationships between customers and branches. Director of Distribution Strategy & Retail Analytics at Fifth Third, James Anthos stated, "We apply trillions of calculations from thousands of data points – including anonymized cell phone data showing Show less Read more
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