Fifth Third Bancorp
FITB
Financials
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Fifth Third Bancorp has a documented pattern of regulatory violations across multiple consumer protection and financial compliance domains. In 2015, the bank reached an $85 million settlement with the U.S. Attorney’s Office for the Southern District of New York over failures to self-report defective mortgage loans to the Federal Housing Administration. More recently, in September 2024, the Consumer Financial Protection Bureau ordered Fifth Third to pay a $5 million penalty for wrongfully forcing unnecessary vehicle insurance onto borrowers who already had coverage. This CFPB action resolved disputed sales practices issues related to accounts opened between 2010 and 2016. The bank has also faced allegations related to improper accounting for commercial loan losses during the 2008 financial crisis. This history of enforcement actions from multiple federal regulators indicates systemic compliance failures over an extended period.
Research Sources
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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