Fifth Third Bank, the principal subsidiary of the Fifth Third Bancorp holding, is a regional bank headquartered in Cincinnati, Ohio. It is operating more than 1,100 branches and 2,400 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina. Its name is derived from the bank's two predecessor companies, Third National Bank and Fifth National Bank, which merged in 1908.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.