Greg Carmichael, President of Fifth Third Bancorp, said this week the company is eying acquisitions to bolster its position in some current markets, such as those in the Southeast, but it's not seeking to expand into new markets. "We'll be really thoughtful in how we expand. We're not really interested in getting into new markets.

Our expansion objective is to get bigger in markets where we're not in the top three or four," Carmichael said. Those would include the Carolinas, Atlanta and Tennessee, Carmichael said, as opposed to Alabama.