Fifth Third Bancorp (FITB) Service Charges (2009 - 2023)
Fifth Third Bancorp (FITB) reported Service Charges of $121.0 million for Q2 2023, up 34.44% on a YoY basis from $90.0 million in Q2 2022, and up 10.0% sequentially from $110.0 million in Q1 2023.
Fifth Third Bancorp (FITB) Service Charges (2009 - 2023) Analysis & Trends
Fifth Third Bancorp (FITB) has 15 years of Service Charges data on file, last reported at $121.0 million in Q2 2023.
- For the quarter ending Q2 2023, Service Charges rose 34.44% year-over-year to $121.0 million; the trailing twelve-month figure through Jun 2023 stood at $438.0 million (up 53.15% YoY), and the FY2022 full-year result was $362.0 million, up 5.23% from the prior year.
- Service Charges climbed to $121.0 million in Q2 2023, from $110.0 million in the prior quarter.
- In the past five years, Service Charges ranged from a high of $163.0 million in Q2 2020 to a low of $56.0 million in Q3 2021.
- A 5-year average of $114.2 million and a median of $109.5 million in 2021 frame the typical range for Service Charges.
- Across the five-year window, Service Charges slumped 58.52% in 2021 and soared 85.71% in 2022, its largest moves.
- Tracing FITB's Service Charges over 5 years: stood at $152.0 million in 2019, then grew by 1.32% to $154.0 million in 2020, then tumbled by 50.65% to $76.0 million in 2021, then jumped by 35.53% to $103.0 million in 2022, then increased by 17.48% to $121.0 million in 2023.
- Business Quant data shows FITB's Service Charges at $121.0 million in Q2 2023, $110.0 million in Q1 2023, and $103.0 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 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| Date | Value |
|---|---|
| Jun 30, 2023 | 121.00 Mn |
| Mar 31, 2023 | 110.00 Mn |
| Dec 31, 2022 | 103.00 Mn |
| Sep 30, 2022 | 104.00 Mn |
| Jun 30, 2022 | 90.00 Mn |
| Mar 31, 2022 | 64.00 Mn |
| Dec 31, 2021 | 76.00 Mn |
| Sep 30, 2021 | 56.00 Mn |
| Jun 30, 2021 | 103.00 Mn |
| Mar 31, 2021 | 109.00 Mn |
| Dec 31, 2020 | 154.00 Mn |
| Sep 30, 2020 | 135.00 Mn |
| Jun 30, 2020 | 163.00 Mn |
| Mar 31, 2020 | 159.00 Mn |
| Dec 31, 2019 | 152.00 Mn |
| Sep 30, 2019 | 130.00 Mn |
| Jun 30, 2019 | 119.00 Mn |
| Mar 31, 2019 | 108.00 Mn |
| Dec 31, 2018 | 116.00 Mn |
| Sep 30, 2018 | 112.00 Mn |