Fifth Third Bancorp (FITB) Gross Margin (2019 - 2024)

Fifth Third Bancorp has disclosed Gross Margin across 6 years of filings, most recently posting 83.85% for Q3 2024.

• Gross Margin for Q3 2024 came in at 83.85%, up 734.0% year-over-year; the trailing twelve-month figure through Sep 2024 was 80.13% (up 224.0% YoY), and the FY2023 annual result was 78.16%, down 180.0% from the prior year.
• Gross Margin came in at 83.85% for Q3 2024 at Fifth Third Bancorp, up from 78.21% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 86.58% in Q2 2021 to a low of 75.52% in Q3 2022.
• The 5-year median for Gross Margin is 79.31% (2020), against an average of 80.45%.
• Across the five-year window, Gross Margin soared 1228 bps in 2020 and plunged 540 bps in 2022, its largest moves.
• Fifth Third Bancorp's Gross Margin stood at 79.31% in 2020, then declined by 2 bps to 77.42% in 2021, then rose by 1 bps to 77.86% in 2022, then advanced by 2 bps to 79.45% in 2023, then advanced by 6 bps to 83.85% in 2024.
• The last three Gross Margin figures came in at 83.85% (Q3 2024), 78.21% (Q2 2024), and 78.81% (Q1 2024), per Business Quant data.