How Spence was paid
$11.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Timothy N. SpencePresident and Chief Executive Officer, Fifth Third Bancorp | $1,116,635 | $7,140,040 | $2,328,750 | $466,941 | $11,052,366 |
| Bryan D. PrestonExecutive Vice President and Chief Financial Officer | $675,481 | $2,040,012 | $902,500 | $130,682 | $3,748,675 |
| James C. LeonardExecutive Vice President and Chief Operating Officer | $736,712 | $2,550,037 | $1,165,000 | $163,431 | $4,615,180 |
| Robert P. ShafferExecutive Vice President and Chief Risk Officer | $685,096 | $2,040,012 | $830,500 | $138,947 | $3,694,555 |
| Kevin P. LavenderExecutive Vice President and Head of Commercial Bank | $685,097 | $2,040,012 | $818,500 | $133,322 | $3,676,931 |
| Jude A. SchrammExecutive Vice President and Chief Information Officer | $593,971 | $1,020,006 | $787,500 | $128,544 | $2,530,021 |
What changed and why
- $11.1MChief executive officer total compensation increased to $11,052,366 from $10,107,358 in the prior year.
- $9BFifth Third achieved a record $9 billion in revenue in 2025.
- 95%Shareholders approved the prior say-on-pay proposal with 95 percent support.
- $250MThe company surpassed its Neighborhood Program commitment by delivering $250 million to support financial access.
- 10.8%Common Equity Tier 1 ratio increased 20 basis points in 2025 to 10.8%.
- Quarterly cash dividend on common shares increased three cents, or eight percent.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.