Timothy N. Spence
Net Worth

Last updated:

What is Timothy N. Spence net worth?

The estimated net worth of Mr. Timothy N. Spence is at least $93,047,167 as of 25 Jul 2024. He owns shares worth $27,502,926 as insider, has earned $10,824,241 from insider trading and has received compensation worth at least $54,720,000 in companies like Fifth Third Bancorp, Fifth Third Bancorp, Fifth Third Bancorp etc.

What is the salary of Timothy N. Spence?

Mr. Timothy N. Spence salary is $1,520,000 per year as Pres in Fifth Third Bancorp. He also receives $1,520,000 as Pres in Fifth Third Bancorp and salaries from other companies.

How old is Timothy N. Spence?

Mr. Timothy N. Spence is 46 years old, born in 1979.

What stocks does Timothy N. Spence currently own?

As insider, Mr. Timothy N. Spence owns shares in 4 companies:

Company Title Shares Price per share Total value
Fifth Third Bancorp (FITB) Pres 357,508 $42.8 $15,301,342
Fifth Third Bancorp (FITBP) Pres 217,089 $24.28 $5,270,921
Fifth Third Bancorp (FITBI) Pres 150,405 $25.65 $3,857,888
Fifth Third Bancorp (FITBO) Pres 150,405 $20.43 $3,072,774

What does Fifth Third Bancorp do?

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.

What does Fifth Third Bancorp do?

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.

What does Fifth Third Bancorp do?

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.

What does Fifth Third Bancorp do?

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs, as well as cash management services for small businesses. The company's Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. Fifth Third Bancorp's Wealth & Asset Management segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. As of December 31, 2021, the company operated 1,117 full-service banking centers and 2,322 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.

Timothy N. Spence insider trading

Fifth Third Bancorp

Mr. Timothy N. Spence has made 8 insider trades between 2016-2024, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 27,842 units of FITB stock on 25 Jul 2024. As of 25 Jul 2024 he still owns at least 357,508 units of FITB stock.

Transaction Date Security Shares Price per share Total value Source
Option
Stock Appreciation Rights 27,842 $14.87 $414,011
Option
Common Stock 27,842 $14.87 $414,011
Sale
Common Stock 5,447 $33.47 $182,311
Sale
Common Stock 4,558 $48.07 $219,103
Sale
Common Stock 25,603 $41.65 $1,066,339
Sale
Common Stock 5,000 $24.19 $120,950
Sale
Common Stock 5,000 $27.52 $137,600
Sale
Common Stock 15,000 $28.86 $432,900
Sale
Common Stock 4,000 $26.21 $104,840
Sale
Common Stock 25,000 $23.15 $578,750

Fifth Third Bancorp

Mr. Timothy N. Spence has made 7 insider trades between 2016-2022, according to the Form 4 filled with the SEC. Most recently he sold 4,558 units of FITBI stock worth $219,103 on 14 Feb 2022.

The largest trade he's ever made was exercising 25,603 units of FITBI stock on 11 May 2021. As of 25 Jul 2024 he still owns at least 150,405 units of FITBI stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 4,558 $48.07 $219,103
Sale
Common Stock 25,603 $41.65 $1,066,339
Sale
Common Stock 5,000 $24.19 $120,950
Sale
Common Stock 5,000 $27.52 $137,600
Sale
Common Stock 15,000 $28.86 $432,900
Sale
Common Stock 4,000 $26.21 $104,840
Sale
Common Stock 25,000 $23.15 $578,750

Fifth Third Bancorp

Mr. Timothy N. Spence has made 7 insider trades between 2016-2022, according to the Form 4 filled with the SEC. Most recently he purchased 435 units of FITBP stock worth $14,029 on 21 Oct 2022.

The largest trade he's ever made was exercising 25,603 units of FITBP stock on 11 May 2021. As of 25 Jul 2024 he still owns at least 217,089 units of FITBP stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 435 $32.25 $14,029
Purchase
Common Stock 235 $32.26 $7,581
Purchase
Common Stock 100 $32.26 $3,226
Purchase
Common Stock 400 $32.27 $12,906
Purchase
Common Stock 700 $32.27 $22,589
Purchase
Common Stock 260 $32.28 $8,392
Purchase
Common Stock 409 $32.28 $13,203
Purchase
Common Stock 200 $32.28 $6,457
Purchase
Common Stock 400 $32.29 $12,914
Purchase
Common Stock 1,400 $32.29 $45,206
Purchase
Common Stock 900 $32.3 $29,066
Purchase
Common Stock 336 $32.3 $10,853
Purchase
Common Stock 100 $32.31 $3,231
Purchase
Common Stock 635 $32.31 $20,517
Purchase
Common Stock 200 $32.34 $6,467
Purchase
Common Stock 869 $32.34 $28,103
Purchase
Common Stock 100 $32.35 $3,235
Purchase
Common Stock 84 $32.35 $2,717
Sale
Common Stock 4,558 $48.07 $219,103
Sale
Common Stock 25,603 $41.65 $1,066,339
Sale
Common Stock 5,000 $24.19 $120,950
Sale
Common Stock 5,000 $27.52 $137,600
Sale
Common Stock 15,000 $28.86 $432,900
Sale
Common Stock 4,000 $26.21 $104,840
Sale
Common Stock 25,000 $23.15 $578,750

Fifth Third Bancorp

Mr. Timothy N. Spence has made 7 insider trades between 2016-2022, according to the Form 4 filled with the SEC. Most recently he sold 4,558 units of FITBO stock worth $219,103 on 14 Feb 2022.

The largest trade he's ever made was exercising 25,603 units of FITBO stock on 11 May 2021. As of 25 Jul 2024 he still owns at least 150,405 units of FITBO stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 4,558 $48.07 $219,103
Sale
Common Stock 25,603 $41.65 $1,066,339
Sale
Common Stock 5,000 $24.19 $120,950
Sale
Common Stock 5,000 $27.52 $137,600
Sale
Common Stock 15,000 $28.86 $432,900
Sale
Common Stock 4,000 $26.21 $104,840
Sale
Common Stock 25,000 $23.15 $578,750

Fifth Third Bancorp key executives

Fifth Third Bancorp executives and other stock owners filed with the SEC:

  • Mr. Gregory D. Carmichael (63) Chairman & Chief Executive Officer
  • Mr. James C. Leonard CPA (55) Executive Vice President & Chief Financial Officer
  • Mr. Lars C. Anderson (64) Executive Vice President & Vice Chairman of Commercial Banking Strategic Growth Initiatives
  • Mr. Robert P. Shaffer (55) Executive Vice President & Chief Risk Officer
  • Mr. Timothy N. Spence (46) Pres