Fifth Third Bank Salaries

72 total salary submissions
Avg. Hours Worked (80%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

49.6
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (94%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.3
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average Fifth Third Bank Salary

3.6
Total Median Pay
$70,250
Median Base Pay
$63,000
Median Bonus Pay
$7,250

How much does Fifth Third Bank pay?

Base range:
$36,000 - $100,000

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$2,000 - $57,494

Fifth Third Bank pays an average salary of $63,000 per year. This base compensation is the equivalent of $32 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at Fifth Third Bank based on our data is actually 50 hours, which would bring down the true effective hourly rate to $26 on average. If you include the average bonus of $7,250, then the total average pay at Fifth Third Bank would be $70,250 per year or $29 per hour at the 50 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. Fifth Third Bank pays the highest-paid employees over $120,000 a year, while the lowest-paid employees are paid less than $60,000. Fifth Third Bank employees in different groups or divisions tend to have different salaries as well.For example, employees in the Investment Banking sector earn an average yearly salary of $117,500.While employees in the Credit Risk sector earn an average yearly salary of $61,500. Additionally, geographic location can impact the compensation for employees at Fifth Third Bank as well. Based on the WSO data, Fifth Third Bank employees in Charlotte and Cincinnati get paid the most.

Fifth Third Bank Salaries

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Highest Paying Jobs at Fifth Third Bank

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Year 2016
Job Title
Group/Division Corporate Banking
Location Houston
Pay Rate/Type
Bonus
Vice President
Year 2020
Job Title Vice President
Group/Division Debt Capital Markets
Location Charlotte
Pay Rate/Type
Bonus
1st Year Associate
Year 2018
Job Title 1st Year Associate
Group/Division Structured Products
Location Cincinnati
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2019
Job Title 2nd Year Analyst
Group/Division Leveraged Finance
Location Charlotte
Pay Rate/Type
Bonus
1st Year Analyst
Year 2013
Job Title 1st Year Analyst
Group/Division Investment Banking
Location Charlotte
Pay Rate/Type
Bonus
1st Year Analyst
Year 2019
Job Title 1st Year Analyst
Group/Division Generalist
Location Atlanta
Pay Rate/Type
Bonus
1st Year Analyst
Year 2016
Job Title 1st Year Analyst
Group/Division Investment Banking
Location Charlotte
Pay Rate/Type
Bonus
1st Year Analyst
Year 2018
Job Title 1st Year Analyst
Group/Division Investment Banking
Location Charlotte
Pay Rate/Type
Bonus
2nd Year Associate
Year 2022
Job Title 2nd Year Associate
Group/Division N/A
Location CHICAGO
Pay Rate/Type
Bonus
Research Analyst
Year 2016
Job Title Research Analyst
Group/Division Fixed Income
Location Cincinnati
Pay Rate/Type
Bonus

Average Pay by City for Fifth Third Bank

Below we use 72 salary submissions to order the is the total average compensation by city for Fifth Third Bank. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is Charlotte, where employees earn an average salary of $115,000.

Salaries by Location at Fifth Third Bank

Rank
City
Total pay Range
Range of $/hr
Charlotte
Rank 1
City Charlotte
Total pay Range $56,000 - $120,000
Range of $/hr $28/hr - $60/hr
Cincinnati
Rank 2
City Cincinnati
Total pay Range $57,000 - $114,500
Range of $/hr $29/hr - $57/hr
Chicago
Rank 3
City Chicago
Total pay Range $61,500 - $80,000
Range of $/hr $31/hr - $40/hr

Fifth Third Bank Salaries by Department

Salaries at Fifth Third Bank depend on the group, division, department or function. Employees who work in the Investment Banking group tend to get paid the most at at Fifth Third Bank, earning an average yearly salary of $117,500. Employees in the Corporate Banking receive relatively high salaries as well, where wages average $98,000 per year. A division that does not pay as well at Fifth Third Bank includes the Credit Risk group, with employees earning $61,500 on average.

Rank
Department
Average Pay
Average Hourly Pay
Investment Banking
Rank 1
Department Investment Banking
Average Pay $117,500
Average Hourly Pay $59/hr
Corporate Banking
Rank 2
Department Corporate Banking
Average Pay $98,000
Average Hourly Pay $49/hr
Leveraged Finance
Rank 3
Department Leveraged Finance
Average Pay $80,000
Average Hourly Pay $40/hr
Generalist
Rank 4
Department Generalist
Average Pay $75,800
Average Hourly Pay $38/hr
Commercial Banking
Rank 5
Department Commercial Banking
Average Pay $66,150
Average Hourly Pay $33/hr
Credit Risk
Rank 6
Department Credit Risk
Average Pay $61,500
Average Hourly Pay $31/hr

Recently Added Fifth Third Bank Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Audit
Location Cincinnati
Pay Rate/Type
Bonus
1st Year Analyst
Year 2020
Job Title 1st Year Analyst
Group/Division Commercial Banking
Location Chicago
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Corporate Banking
Location Charlotte
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2021
Job Title 2nd Year Analyst
Group/Division Generalist
Location Chicago
Pay Rate/Type
Bonus
1st Year Analyst
Year 2022
Job Title 1st Year Analyst
Group/Division Corporate Banking
Location Chicago
Pay Rate/Type
Bonus