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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 Sep 2024 value amounting to 83.85%.

  • Fifth Third Bancorp's Gross Margin rose 734.00% 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 224.00%. This contributed to the annual value of 78.16% for FY2023, which is 180.00% down from last year.
  • According to the latest figures from Q3 2024, Fifth Third Bancorp's Gross Margin is 83.85%, which was up 7.22% from 78.21% recorded in Q2 2024.
  • In the past 5 years, Fifth Third Bancorp's Gross Margin ranged from a high of 86.58% in Q2 2021 and a low of 75.52% during Q3 2022.
  • Moreover, its 3-year median value for Gross Margin was 78.81% (2024), whereas its average is 79.41%.
  • In the last 5 years, Fifth Third Bancorp's Gross Margin surged by 1,228bps in 2020 and then slumped by 540bps in 2022.
  • Fifth Third Bancorp's Gross Margin (Quarterly) stood at 79.31% in 2020, then tumbled by 189bps to 77.42% in 2021, then surged by 44bps to 77.86% in 2022, then surged by 159bps to 79.45% in 2023, then spiked by 734bps to 83.85% in 2024.
  • Its last three reported values are 83.85% in Q3 2024, 78.21% for Q2 2024, and 78.81% during Q1 2024.