FITBM

Fifth Third Bancorp preferred securities are a class of hybrid securities that combine features of debt and equity, providing fixed or floating dividend payments to investors. These instruments rank above common stock but below senior debt obligations in the capital structure and priority of claims. The preferred shares typically have no maturity date but may include call features allowing the company to redeem them after a specified period. Fifth Third issues preferred stock to meet regulatory capital requirements for Tier 1 capital while providing investors with relatively stable income streams. These securities appeal to income-focused investors seeking higher yields than traditional bonds with different risk-return characteristics than common equity.