Fifth Third Bancorp (FITB) Gross Profit (2019 - 2024)
Fifth Third Bancorp (FITB) posted Gross Profit of $135.0 million for Q3 2024, up 10.66% sequentially from $122.0 million in Q2 2024, and up 18.42% YoY from $114.0 million in Q4 2023.
Fifth Third Bancorp (FITB) Gross Profit (2019 - 2024) Analysis & Trends
Fifth Third Bancorp has reported Gross Profit for 6 years, with the latest figure at $135.0 million in Q3 2024.
- Quarterly Gross Profit rose 18.42% year-over-year to $135.0 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $492.0 million (up 10.81% YoY) and the FY2023 annual result came in at $451.0 million, down 4.25% from the prior year.
- Gross Profit rose to $135.0 million in Q3 2024 per FITB's latest filing, from $122.0 million in the prior quarter.
- Over five years, Gross Profit peaked at $135.0 million in Q3 2024 and troughed at $102.0 million in Q2 2020.
- A 5-year average of $118.2 million and a median of $119.0 million in 2024 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2021 and 2023: Gross Profit increased 26.47% in 2021, then fell 15.62% in 2023.
- Over 5 years, Gross Profit stood at $115.0 million in 2020, then climbed by 4.35% to $120.0 million in 2021, then slipped by 9.17% to $109.0 million in 2022, then rose by 6.42% to $116.0 million in 2023, then rose by 16.38% to $135.0 million in 2024.
- According to Business Quant data, Gross Profit over the past three periods registered $135.0 million, $122.0 million, and $119.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Itau Unibanco Holding | 42.02 Bn | 43.71 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 135.00 Mn |
| Sep 30, 2024 | 135.00 Mn |
| Jun 30, 2024 | 122.00 Mn |
| Jun 30, 2024 | 122.00 Mn |
| Mar 31, 2024 | 119.00 Mn |
| Mar 31, 2024 | 119.00 Mn |
| Dec 31, 2023 | 116.00 Mn |
| Dec 31, 2023 | 116.00 Mn |
| Sep 30, 2023 | 114.00 Mn |
| Sep 30, 2023 | 114.00 Mn |
| Jun 30, 2023 | 113.00 Mn |
| Jun 30, 2023 | 113.00 Mn |
| Mar 31, 2023 | 108.00 Mn |
| Mar 31, 2023 | 108.00 Mn |
| Dec 31, 2022 | 109.00 Mn |
| Dec 31, 2022 | 109.00 Mn |
| Sep 30, 2022 | 108.00 Mn |
| Sep 30, 2022 | 108.00 Mn |
| Jun 30, 2022 | 126.00 Mn |
| Jun 30, 2022 | 126.00 Mn |