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

Historic Gross Margin for Fifth Third Bancorp (FITB) over the last 6 years, with Q3 2024 value amounting to 83.85%.

  • Fifth Third Bancorp's Gross Margin rose 73400.0% to 83.85% in Q3 2024 from the same period last year, while for Sep 2024 it was 80.13%, marking a year-over-year increase of 22400.0%. This contributed to the annual value of 78.16% for FY2023, which is 18000.0% down from last year.
  • According to the latest figures from Q3 2024, Fifth Third Bancorp's Gross Margin is 83.85%, which was up 73400.0% from 78.21% recorded in Q2 2024.
  • Over the past 5 years, Fifth Third Bancorp's Gross Margin peaked at 86.58% during Q2 2021, and registered a low of 75.52% during Q3 2022.
  • Over the past 5 years, Fifth Third Bancorp's median Gross Margin value was 79.31% (recorded in 2020), while the average stood at 80.45%.
  • Its Gross Margin has fluctuated over the past 5 years, first skyrocketed by 122800bps in 2020, then plummeted by -54000bps in 2022.
  • Quarter analysis of 5 years shows Fifth Third Bancorp's Gross Margin stood at 79.31% in 2020, then dropped by -2bps to 77.42% in 2021, then rose by 1bps to 77.86% in 2022, then grew by 2bps to 79.45% in 2023, then grew by 6bps to 83.85% in 2024.
  • Its Gross Margin stands at 83.85% for Q3 2024, versus 78.21% for Q2 2024 and 78.81% for Q1 2024.