Fifth Third Bancorp (FITB) Operating Margin (2019 - 2024)
Fifth Third Bancorp's (FITB) quarterly Operating Margin came in at 688.82% in Q3 2024, up 3199.0% year-over-year from 20.88% in Q4 2023, and up 2.22% quarter-over-quarter from 704.49% in Q2 2024.
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Fifth Third Bancorp (FITB) Operating Margin (2019 - 2024) Analysis & Trends
Fifth Third Bancorp has disclosed Operating Margin across 6 years of filings, most recently posting 688.82% for Q3 2024.
- In Q3 2024, Operating Margin rose 3199.0% year-over-year to 688.82%; the TTM figure through Sep 2024 stood at 776.87% (up 1681.0% YoY), while the FY2023 annual figure was 823.92%, down 10269.0% from the prior year.
- Operating Margin came in at 688.82% for Q3 2024 at Fifth Third Bancorp, up 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.
- Average Operating Margin over 5 years is 752.83%, with a median of 731.76% recorded in 2020.
- Year-over-year, Operating Margin soared 14800 bps in 2021 and slumped 17296 bps in 2023.
- Over 5 years, Operating Margin stood at 773.1% in 2020, then grew by 9 bps to 701.29% in 2021, then retreated by 13 bps to 792.14% in 2022, then fell by 16 bps to 917.12% in 2023, then rose by 25 bps to 688.82% in 2024.
- Per Business Quant data, the three most recent Operating Margin figures were 688.82% in Q3 2024, 704.49% in Q2 2024, and 809.93% in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | -2,056.76% |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | East West Bancorp | 17.62 Bn | 12.53 Bn | - | - |
Historic Data
Download Data
Historic 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% |