Fifth Third Bancorp (FITB) Operating Margin (2019 - 2024)
Fifth Third Bancorp recorded quarterly Operating Margin of 688.82% in Q3 2024, up 2.22% quarter-over-quarter from 704.49% in Q2 2024, and up 3199.0% year-over-year from 20.88% in Q4 2023.
Fifth Third Bancorp's Operating Margin history runs 6 years deep, the most recent figure standing at 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.
- 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 soared 14800 bps in 2021 and slumped 17296 bps in 2023, its largest moves.
- Fifth Third Bancorp's Operating Margin stood at 773.1% in 2020, then increased by 9 bps to 701.29% in 2021, then decreased by 13 bps to 792.14% in 2022, then retreated by 16 bps to 917.12% in 2023, then gained 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 92,149.88 Bn | 92,149.88 Bn | - | - |
| 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 | - | - |
| 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 | -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% |
| Sep 30, 2019 | -738.46% |
| Jun 30, 2019 | -797.90% |
| Mar 31, 2019 | -764.89% |