Fifth Third Bancorp (FITB) Acquisitions (2020 - 2022)
Fifth Third Bancorp (FITB) reported Acquisitions of -$1.0 million for Q3 2022, down 100.34% on a YoY basis from $296.0 million in Q3 2021, and down 200.0% sequentially from $1.0 million in Q4 2021.
Fifth Third Bancorp (FITB) Acquisitions (2020 - 2022) Analysis & Trends
Fifth Third Bancorp (FITB) has 3 years of Acquisitions data on file, last reported at -$1.0 million in Q3 2022.
- For the quarter ending Q3 2022, Acquisitions fell 100.34% year-over-year to -$1.0 million; the trailing twelve-month figure through Dec 2023 stood at -$1.0 million (down 100.34% YoY), and the FY2025 full-year result was $36.0 million, changed N/A from the prior year.
- Acquisitions eased to -$1.0 million in Q3 2022, from $1.0 million in the prior quarter.
- In the past five years, Acquisitions ranged from a high of $296.0 million in Q3 2021 to a low of -$1.0 million in Q3 2022.
- A 3-year average of $79.8 million and a median of $12.0 million in 2020 frame the typical range for Acquisitions.
- Across the five-year window, Acquisitions sank 95.65% in 2021 and sank 100.34% in 2022, its largest moves.
- Tracing FITB's Acquisitions over 3 years: stood at $23.0 million in 2020, then slumped by 95.65% to $1.0 million in 2021, then tumbled by 200.0% to -$1.0 million in 2022.
- Business Quant data shows FITB's Acquisitions at -$1.0 million in Q3 2022, $1.0 million in Q4 2021, and $296.0 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -472.11 Mn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 80.00 Mn |
| 10 | Fifth Third Bancorp | 37.79 Bn | 33.23 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | -1.00 Mn |
| Dec 31, 2021 | 1.00 Mn |
| Sep 30, 2021 | 296.00 Mn |
| Dec 31, 2020 | 23.00 Mn |