Customers Bancorp, Inc. shares rise 4.12% intraday after Fifth Third Bancorp expands into Alabama.

Customers Bancorp, Inc. rose 4.12% in intraday trading, with Fifth Third Bancorp expanding its retail presence into Alabama, launching its first financial center in Huntsville. This move marks a significant milestone in the bank's 167-year history, reinforcing its position as a banking leader. Fifth Third's expansion strategy, which includes plans to open 200 new retail locations by 2028, primarily in fast-growing Southeast markets, has accelerated dramatically in late 2024.