Fifth Third Bancorp (FITB) Operating Income (2019 - 2024)

Fifth Third Bancorp (FITB) reported Operating Income of -$1.1 billion for Q3 2024, down 3.26% on a YoY basis from -$1.1 billion in Q4 2023, and down 0.91% sequentially from -$1.1 billion in Q2 2024.

Fifth Third Bancorp (FITB) Operating Income (2019 - 2024) Analysis & Trends

Fifth Third Bancorp (FITB) has 6 years of Operating Income data on file, last reported at -$1.1 billion in Q3 2024.

  • For the quarter ending Q3 2024, Operating Income fell 3.26% year-over-year to -$1.1 billion; the trailing twelve-month figure through Sep 2024 stood at -$4.8 billion (down 5.44% YoY), and the FY2023 full-year result was -$4.8 billion, down 11.91% from the prior year.
  • Operating Income declined to -$1.1 billion in Q3 2024, 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 advanced 10.69% in 2020 and decreased 20.74% in 2023, its largest moves.
  • Tracing FITB's Operating Income over 5 years: stood at -$1.1 billion in 2020, then gained by 3.03% to -$1.1 billion in 2021, then retreated by 2.02% to -$1.1 billion in 2022, then fell by 20.74% to -$1.3 billion in 2023, then grew by 17.18% to -$1.1 billion in 2024.
  • Business Quant data shows FITB's Operating Income at -$1.1 billion in Q3 2024, -$1.1 billion in Q2 2024, and -$1.2 billion in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 1.84 Bn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 1.45 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 748,885.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn 4.55 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -
10 Fifth Third Bancorp 37.79 Bn 33.23 Bn - -

Historic Data

Download Data
DateValue
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