Fifth Third Bancorp (FITB) Operating Margin (2019 - 2024)
Fifth Third Bancorp (FITB) posted Operating Margin of 688.82% for Q3 2024, up 2.22% sequentially from 704.49% in Q2 2024, and up 3199.0% YoY from 20.88% in Q4 2023.
Fifth Third Bancorp (FITB) Operating Margin (2019 - 2024) Analysis & Trends
Fifth Third Bancorp has reported Operating Margin for 6 years, with the latest figure at 688.82% in Q3 2024.
- Quarterly Operating Margin rose 3199.0% year-over-year to 688.82% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 776.87% (up 1681.0% YoY) and the FY2023 annual result came in at 823.92%, down 10269.0% from the prior year.
- Operating Margin climbed to 688.82% in Q3 2024 per FITB's latest filing, from 704.49% in the prior quarter.
- Over five years, Operating Margin peaked at 640.26% in Q2 2022 and troughed at 917.12% in Q4 2023.
- A 5-year average of 752.83% and a median of 731.76% in 2020 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2021 and 2023: Operating Margin jumped 14800 bps in 2021, then tumbled 17296 bps in 2023.
- Over 5 years, Operating Margin stood at 773.1% in 2020, then rose by 9 bps to 701.29% in 2021, then slipped by 13 bps to 792.14% in 2022, then decreased by 16 bps to 917.12% in 2023, then advanced by 25 bps to 688.82% in 2024.
- According to Business Quant data, Operating Margin over the past three periods registered 688.82%, 704.49%, and 809.93% for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 53.44% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -688.82% |
| Jun 30, 2024 | -704.49% |
| Mar 31, 2024 | -809.93% |
| Dec 31, 2023 | -917.12% |
| Sep 30, 2023 | -720.81% |
| Jun 30, 2023 | -776.39% |
| Mar 31, 2023 | -892.70% |
| Dec 31, 2022 | -792.14% |
| Sep 30, 2022 | -740.56% |
| Jun 30, 2022 | -640.26% |
| Mar 31, 2022 | -719.74% |
| Dec 31, 2021 | -701.29% |
| Sep 30, 2021 | -690.13% |
| Jun 30, 2021 | -687.25% |
| Mar 31, 2021 | -759.72% |
| Dec 31, 2020 | -773.10% |
| Sep 30, 2020 | -722.22% |
| Jun 30, 2020 | -835.25% |
| Mar 31, 2020 | -731.76% |
| Dec 31, 2019 | -714.86% |