Fifth Third Bancorp (FITB) Cost of Revenue (2019 - 2024)
Fifth Third Bancorp (FITB) has disclosed Cost of Revenue for 6 consecutive years, with $23.0 million as the latest value for Q4 2024.
- Quarterly Cost of Revenue fell 23.33% to $23.0 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $115.0 million through Dec 2024, down 8.0% year-over-year, with the annual reading at $142.0 million for FY2025, 23.48% up from the prior year.
- Cost of Revenue hit $23.0 million in Q4 2024 for Fifth Third Bancorp, down from $26.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $35.0 million in Q4 2021 to a low of $20.0 million in Q2 2020.
- Historically, Cost of Revenue has averaged $28.4 million across 5 years, with a median of $29.5 million in 2020.
- Biggest five-year swings in Cost of Revenue: plummeted 51.22% in 2020 and later soared 40.0% in 2022.
- Year by year, Cost of Revenue stood at $30.0 million in 2020, then rose by 16.67% to $35.0 million in 2021, then fell by 11.43% to $31.0 million in 2022, then dropped by 3.23% to $30.0 million in 2023, then fell by 23.33% to $23.0 million in 2024.
- Business Quant data shows Cost of Revenue for FITB at $23.0 million in Q4 2024, $26.0 million in Q3 2024, and $34.0 million in Q2 2024.