Fifth Third Betting Big on Branch Expansion: A Smart Growth Move?

Key Takeaways FITB plans to invest $1.9B through 2029 as it accelerates its branch expansion strategy.The bank targets 150 Texas branches by 2029 and a top-five share in major state markets.FITB expects deposits to rise $15-$20B over seven years as new markets mature.Fifth Third Bancorp (FITB) is intensifying its branch expansion momentum, with plans to invest $1.9 billion through 2029, according to a Bloomberg report, which was published on MSN article. This marks a substantial increase from the initial in ...