Fifth Third Bancorp (FITB) Dividend Coverage Ratio (2010 - 2020)
Fifth Third Bancorp's Dividend Coverage Ratio was 0.84 in Q2 2020, down 67.5% from 2.59 a year earlier but up 401.2% from the prior quarter.
Fifth Third Bancorp (FITB) Dividend Coverage Ratio (2010 - 2020) Analysis & Trends
On a trailing twelve-month basis, Fifth Third Bancorp's Dividend Coverage Ratio was 1.98 through Jun 30, 2020, down 46.5% year-over-year; for FY2019, it was 3.67, down 19.2% from FY2018.
- In earlier years, Dividend Coverage Ratio was 4.54 in FY2018 (-7.4%), 4.90 in FY2017 (+33.7%), 3.66 in FY2016 (-5.6%) and 3.88 in FY2015 (+16.0%).
- Quarterly Dividend Coverage Ratio has moved between 0.17 (Q1 2020) and 9.61 (Q3 2017) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in 1 of the last eight quarters, with an average decline of 40.5%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q1 2018 (growth of 123.9%); the worst was Q1 2020 (a decline of 96.8%).
- Per Business Quant data, FITB's Dividend Coverage Ratio in the three quarters before Q2 2020 was 0.17 (Q1 2020), 4.03 (Q4 2019) and 2.98 (Q3 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.75 |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 4.51 |
| 10 | Fifth Third Bancorp | 45.85 Bn | -36.38 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 0.84 |
| Mar 31, 2020 | 0.17 |
| Dec 31, 2019 | 4.03 |
| Sep 30, 2019 | 2.98 |
| Jun 30, 2019 | 2.59 |
| Mar 31, 2019 | 5.31 |
| Dec 31, 2018 | 3.61 |
| Sep 30, 2018 | 3.40 |
| Jun 30, 2018 | 5.22 |
| Mar 31, 2018 | 6.13 |
| Dec 31, 2017 | 5.19 |
| Sep 30, 2017 | 9.61 |
| Jun 30, 2017 | 2.67 |
| Mar 31, 2017 | 2.74 |
| Dec 31, 2016 | 3.58 |
| Sep 30, 2016 | 4.96 |
| Jun 30, 2016 | 3.05 |
| Mar 31, 2016 | 3.05 |
| Dec 31, 2015 | 6.15 |
| Sep 30, 2015 | 3.45 |
Fifth Third Bancorp Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FITB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "FITB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FITB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();