Fifth Third Bancorp (FITB) Operating Margin (2019 - 2024)
Fifth Third Bancorp (FITB) reported Operating Margin of 688.82% for Q3 2024, up 3199.0% on a YoY basis from 20.88% in Q4 2023, and up 2.22% sequentially from 704.49% in Q2 2024.
Fifth Third Bancorp (FITB) Operating Margin (2019 - 2024) Analysis & Trends
Fifth Third Bancorp (FITB) has 6 years of Operating Margin data on file, last reported at 688.82% in Q3 2024.
- For the quarter ending Q3 2024, Operating Margin rose 3199.0% year-over-year to 688.82%; the trailing twelve-month figure through Sep 2024 stood at 776.87% (up 1681.0% YoY), and the FY2023 full-year result was 823.92%, down 10269.0% from the prior year.
- Operating Margin climbed to 688.82% in Q3 2024, from 704.49% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 640.26% in Q2 2022 to a low of 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.
- Across the five-year window, Operating Margin surged 14800 bps in 2021 and sank 17296 bps in 2023, its largest moves.
- Tracing FITB's Operating Margin over 5 years: stood at 773.1% in 2020, then climbed by 9 bps to 701.29% in 2021, then fell by 13 bps to 792.14% in 2022, then declined by 16 bps to 917.12% in 2023, then increased by 25 bps to 688.82% in 2024.
- Business Quant data shows FITB's Operating Margin at 688.82% in Q3 2024, 704.49% in Q2 2024, and 809.93% in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 579,101.06% |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 7,561,492.12% |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 361.17% |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 77.40% |
| 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| 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% |