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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.
  • Latest data reveals that Fifth Third Bancorp reported Gross Margin of 83.85% as of Q3 2024, which was up 73400.0% from 78.21% recorded in Q2 2024.
  • Fifth Third Bancorp's Gross Margin's 5-year high stood at 86.58% during Q2 2021, with a 5-year trough of 75.52% in Q3 2022.
  • Moreover, its 5-year median value for Gross Margin was 79.31% (2020), whereas its average is 80.45%.
  • In the last 5 years, Fifth Third Bancorp's Gross Margin skyrocketed by 122800bps in 2020 and then plummeted by -54000bps in 2022.
  • Over the past 5 years, Fifth Third Bancorp's Gross Margin (Quarter) 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.