Fifth Third Bancorp (FITB) Cost of Revenue: 2019-2024
Historic Cost of Revenue for Fifth Third Bancorp (FITB) over the last 6 years, with Dec 2024 value amounting to $23.0 million.
- Fifth Third Bancorp's Cost of Revenue fell 23.33% to $23.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $115.0 million, marking a year-over-year decrease of 8.00%. This contributed to the annual value of $115.0 million for FY2024, which is 8.73% down from last year.
- Per Fifth Third Bancorp's latest filing, its Cost of Revenue stood at $23.0 million for Q4 2024, which was down 11.54% from $26.0 million recorded in Q3 2024.
- Over the past 5 years, Fifth Third Bancorp's Cost of Revenue peaked at $35.0 million during Q4 2021, and registered a low of $20.0 million during Q2 2020.
- Its 3-year average for Cost of Revenue is $29.8 million, with a median of $30.5 million in 2022.
- Its Cost of Revenue has fluctuated over the past 5 years, first plummeted by 51.22% in 2020, then skyrocketed by 40.00% in 2022.
- Over the past 5 years, Fifth Third Bancorp's Cost of Revenue (Quarterly) stood at $30.0 million in 2020, then climbed by 16.67% to $35.0 million in 2021, then dropped by 11.43% to $31.0 million in 2022, then dropped by 3.23% to $30.0 million in 2023, then dropped by 23.33% to $23.0 million in 2024.
- Its Cost of Revenue stands at $23.0 million for Q4 2024, versus $26.0 million for Q3 2024 and $34.0 million for Q2 2024.