Fifth Third Bancorp (FITB) Operating Income (2019 - 2024)
Fifth Third Bancorp recorded quarterly Operating Income of -$1.1 billion in Q3 2024, down 0.91% quarter-over-quarter from -$1.1 billion in Q2 2024, and down 3.26% year-over-year from -$1.1 billion in Q4 2023.
Fifth Third Bancorp's Operating Income history runs 6 years deep, the most recent figure standing at -$1.1 billion for Q3 2024.
- In Q3 2024, Operating Income fell 3.26% year-over-year to -$1.1 billion; the TTM figure through Sep 2024 stood at -$4.8 billion (down 5.44% YoY), while the FY2023 annual figure was -$4.8 billion, down 11.91% from the prior year.
- Operating Income came in at -$1.1 billion for Q3 2024 at Fifth Third Bancorp, down from -$1.1 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$986.0 million in Q2 2022 to a low of -$1.3 billion in Q4 2023.
- A 5-year average of -$1.1 billion and a median of -$1.1 billion in 2021 frame the typical range for Operating Income.
- Across the five-year window, Operating Income climbed 10.69% in 2020 and slipped 20.74% in 2023, its largest moves.
- Fifth Third Bancorp's Operating Income stood at -$1.1 billion in 2020, then climbed by 3.03% to -$1.1 billion in 2021, then slipped by 2.02% to -$1.1 billion in 2022, then decreased by 20.74% to -$1.3 billion in 2023, then rose by 17.18% to -$1.1 billion in 2024.
- According to Business Quant data, Operating Income over the past three periods registered -$1.1 billion, -$1.1 billion, and -$1.2 billion for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 92,149.88 Bn | 92,149.88 Bn | - | 748,885.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 435.03 Bn | 435.03 Bn | - | - |
| 4 | First Capital | 206.20 Bn | 206.05 Bn | - | - |
| 5 | NatWest | 175.53 Bn | 175.53 Bn | - | - |
| 6 | Landmark Bancorp | 172.89 Bn | 172.85 Bn | - | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 145.10 Bn | 137.23 Bn | - | 832.02 Mn |
| 9 | Pnc Financial Services | 89.55 Bn | 89.60 Bn | - | - |
| 10 | Fifth Third Bancorp | 33.35 Bn | 10.98 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -1.11 Bn |
| Jun 30, 2024 | -1.10 Bn |
| Mar 31, 2024 | -1.22 Bn |
| Dec 31, 2023 | -1.34 Bn |
| Sep 30, 2023 | -1.07 Bn |
| Jun 30, 2023 | -1.12 Bn |
| Mar 31, 2023 | -1.22 Bn |
| Dec 31, 2022 | -1.11 Bn |
| Sep 30, 2022 | -1.06 Bn |
| Jun 30, 2022 | -986.00 Mn |
| Mar 31, 2022 | -1.09 Bn |
| Dec 31, 2021 | -1.09 Bn |
| Sep 30, 2021 | -1.05 Bn |
| Jun 30, 2021 | -1.02 Bn |
| Mar 31, 2021 | -1.09 Bn |
| Dec 31, 2020 | -1.12 Bn |
| Sep 30, 2020 | -1.04 Bn |
| Jun 30, 2020 | -1.02 Bn |
| Mar 31, 2020 | -1.08 Bn |
| Dec 31, 2019 | -1.06 Bn |
| Sep 30, 2019 | -1.06 Bn |
| Jun 30, 2019 | -1.14 Bn |
| Mar 31, 2019 | -1.00 Bn |