Big Data Healthcare
2023
$75M
Outcome
Expanded high-margin non-interest fee income across hundreds of hospitals and health systems.
Fifth Third Bank
Financial Services & Regional BankingFounded 1858- HQ today: Cincinnati, Ohio, USA
Reviewed by Swet Parvadiya
Company data updated: November 2026
Acquisitions
Fifth Third Bank Acquisitions
3
Major Deals Covered
$5.2B
Disclosed Deal Value
What are Fifth Third Bank's biggest acquisitions?
Fifth Third Bank's largest disclosed acquisition here is Dividend Finance for $380 in 2022. This page covers 3 major deals from 2019 to 2023, each with its price where disclosed and the reason behind it.
- Major deals covered
- 3
- Largest deal
- Dividend Finance ($380)
- First deal
- 2019
- Most recent
- 2023
| Company | Year | Price | Purpose |
|---|---|---|---|
| MB Financial | 2019 | $4.7B | — |
| Dividend Finance | 2022 | $380.0M | — |
| Big Data Healthcare | 2023 | $75.0M | — |
- What companies has Fifth Third Bank bought?
- Major acquisitions by Fifth Third Bank documented here include Dividend Finance (2022), Big Data Healthcare (2023) and MB Financial (2019).
- What is Fifth Third Bank's most recent acquisition?
- The most recent Fifth Third Bank acquisition documented here is Big Data Healthcare, in 2023, for $75.
Dividend Finance
2022
$380M
Outcome
Created national specialty asset origination engine generating over $1 billion annually in high-quality consumer solar loans.
MB Financial
2019
$4.7B
Outcome
Doubled Fifth Third's commercial lending presence in Chicago and generated over $250 million in annual cost synergies.
Fifth Third Bank's Growth & Acquisition Strategy
Fifth Third's growth strategy centers on expanding its Southeast physical and commercial banking footprint, scaling fee income from healthcare payments and clean energy lending, optimizing Midwest branch network productivity, and leveraging advanced data analytics to drive automated consumer cross-selling across digital channels.
How Fifth Third Bank Makes Money
Fifth Third operates an integrated commercial banking, consumer banking, and payments solutions business model designed to maximize operational efficiency and fee income diversification. The bank generates net interest income by gathering retail, business, and commercial deposits and deploying them into middle-market commercial loans, residential mortgages, clean energy point-of-sale financing (via Dividend Finance), commercial equipment leases, and indirect auto finance. Uniquely among regional banks, Fifth Third derives substantial non-interest revenue from embedded fintech payment processing, corporate treasury management solutions, healthcare clearinghouse automation (via Big Data Healthcare), and capital markets underwriting, providing diversified, fee-resilient cash flows across interest rate cycles.
Fifth Third Bank Acquisitions FAQ
Does Fifth Third Bank acquire other companies?
Yes, Fifth Third Bank executes targeted acquisitions to integrate complementary technologies, expand intellectual property, and enter new market verticals.
What is Fifth Third Bank's acquisition strategy?
Fifth Third Bank focuses on bolt-on acquisitions that can be rapidly integrated into its core technology architecture and commercial distribution channels.
How does Fifth Third Bank fund its acquisitions?
Acquisitions are typically funded through cash from operations, revolving credit facilities, and strategic equity considerations.
What was one of Fifth Third Bank's notable acquisitions?
Fifth Third Bank has acquired specialized technology assets that enhance its core platform capabilities and expand its addressable customer base.
How does Fifth Third Bank handle post-merger integration?
By migrating acquired codebases into its unified cloud infrastructure and retaining key engineering talent within specialized innovation pods.
Are acquisitions a primary or secondary growth driver?
Inorganic growth is secondary to robust organic product development, serving as a tactical accelerator for specific strategic capabilities.
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Explore Fifth Third Bank
Core profile pages, founders and related research hubs for this company.