Kevin P.  Lavender net worth and biography

Kevin Lavender Biography and Net Worth

Executive Vice President
Head of Commercial Banking
Fifth Third Bancorp

Kevin Lavender is executive vice president and head of Commercial
Banking for Fifth Third Bancorp. He is responsible for overseeing the
Company’s vertically integrated commercial sales teams, Capital
Markets, Specialty Lending and Treasury Management businesses.
He also is a member of the Enterprise committee.

Kevin joined Fifth Third in 2005 as senior vice president and head of
national corporate health care lending. In January 2009, he was
named senior vice president and managing director of large corporate
and specialized lending, a role in which he oversaw international and
large corporate finance in addition to national health care finance. He
most recently served as head of corporate banking.

Before joining Fifth Third, Kevin served as commissioner of the
Tennessee Department of Financial Institutions, responsible for
overseeing all Tennessee-chartered depository and non-depository
financial institutions. Before that, he was co-founder and executive
vice president of MediSphere Health Partners Inc., a private specialty
physician practice management company. He began his career as
group vice president for health care lending with SunTrust Bank Inc.
Education

Kevin earned a bachelor’s degree in business administration with a
concentration in international finance from the University of Georgia.
He attended multiple courses at the University of Virginia’s Darden
School of Business.

Professional and Civic

Kevin serves on the board of the Nashville Convention & Visitors
Corp., Nashville City Club and Complete Tennessee. He also is a
board trustee of the Community Foundation of Middle Tennessee,
board chairman of the National Museum of African American Music
and serves on the Fifth Third Bank, N.A. (Tennessee) Advisory Board. 

What is Kevin P. Lavender's net worth?

The estimated net worth of Kevin P. Lavender is at least $5.37 million as of July 24th, 2024. Mr. Lavender owns 125,087 shares of Fifth Third Bancorp stock worth more than $5,369,985 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Lavender may own. Additionally, Mr. Lavender receives an annual salary of $1,280,000.00 as EVP at Fifth Third Bancorp. Learn More about Kevin P. Lavender's net worth.

How old is Kevin P. Lavender?

Mr. Lavender is currently 62 years old. There are 7 older executives and no younger executives at Fifth Third Bancorp. The oldest executive at Fifth Third Bancorp is Ms. Susan B. Zaunbrecher J.D., Executive VP, Chief legal Officer & Corporate Secretary, who is 64 years old. Learn More on Kevin P. Lavender's age.

What is Kevin P. Lavender's salary?

As the EVP of Fifth Third Bancorp, Mr. Lavender earns $1,280,000.00 per year. There are 3 executives that earn more than Mr. Lavender. The highest earning executive at Fifth Third Bancorp is Mr. Timothy N. Spence, CEO, President & Chairman of the Board, who commands a salary of $3,000,000.00 per year. Learn More on Kevin P. Lavender's salary.

How do I contact Kevin P. Lavender?

The corporate mailing address for Mr. Lavender and other Fifth Third Bancorp executives is 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH, 45263. Fifth Third Bancorp can also be reached via phone at (800) 972-3030 and via email at [email protected]. Learn More on Kevin P. Lavender's contact information.

Has Kevin P. Lavender been buying or selling shares of Fifth Third Bancorp?

Kevin P. Lavender has not been actively trading shares of Fifth Third Bancorp during the past quarter. Most recently, Kevin P. Lavender sold 20,000 shares of the business's stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $41.77, for a transaction totalling $835,400.00. Following the completion of the sale, the executive vice president now directly owns 125,087 shares of the company's stock, valued at $5,224,883.99. Learn More on Kevin P. Lavender's trading history.

Who are Fifth Third Bancorp's active insiders?

Fifth Third Bancorp's insider roster includes Greg Carmichael (CEO), C. Bryan Daniels (Director), Mitchell Feiger (Director), Mitchell Feiger (Director), Kristine Garrett (EVP), Howard Hammond (EVP), Thomas Harvey (Director), Gary Heminger (Director), Jewell Hoover (Director), Margaret Jula (EVP), Kevin Lavender (EVP), James Leonard (CFO), Jude Schramm (EVP), Robert Shaffer (EVP), and Timothy Spence (President). Learn More on Fifth Third Bancorp's active insiders.

Are insiders buying or selling shares of Fifth Third Bancorp?

In the last year, insiders at the financial services provider sold shares 9 times. They sold a total of 110,857 shares worth more than $4,385,082.66. The most recent insider tranaction occured on October, 28th when EVP Kristine R Garrett sold 7,500 shares worth more than $327,525.00. Insiders at Fifth Third Bancorp own 0.5% of the company. Learn More about insider trades at Fifth Third Bancorp.

Information on this page was last updated on 10/28/2024.

Kevin P. Lavender Insider Trading History at Fifth Third Bancorp

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/24/2024Sell20,000$41.77$835,400.00125,087View SEC Filing Icon  
11/23/2020Sell8,500$25.81$219,385.0071,677View SEC Filing Icon  
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Kevin P. Lavender Buying and Selling Activity at Fifth Third Bancorp

This chart shows Kevin P Lavender's buying and selling at Fifth Third Bancorp by year and by quarter.

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Fifth Third Bancorp Company Overview

Fifth Third Bancorp logo
Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The 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. The Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses; home equity loans and lines of credit; credit cards; and cash management services. This segment also engages in the residential mortgage that include origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and hedging activities; indirect lending, including extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers, and marine dealers; and home improvement and solar energy installation loans through contractors and installers. The Wealth & Asset Management segment provides various wealth management services 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. The company was founded in 1858 and is headquartered in Cincinnati, Ohio.
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Today's Range

Now: $42.93
Low: $41.92
High: $43.13

50 Day Range

MA: $45.64
Low: $42.26
High: $48.44

2 Week Range

Now: $42.93
Low: $32.29
High: $49.07

Volume

11,112,545 shs

Average Volume

4,577,040 shs

Market Capitalization

$28.79 billion

P/E Ratio

14.26

Dividend Yield

3.50%

Beta

1.22