Fifth Third Bancorp (FITB) Service Charges (2009 - 2023)
Fifth Third Bancorp's (FITB) quarterly Service Charges came in at $121.0 million in Q2 2023, up 34.44% year-over-year from $90.0 million in Q2 2022, and up 10.0% quarter-over-quarter from $110.0 million in Q1 2023.
Analysis
Fifth Third Bancorp (FITB) Service Charges (2009 - 2023) Analysis & Trends
Fifth Third Bancorp has disclosed Service Charges across 15 years of filings, most recently posting $121.0 million for Q2 2023.
- In Q2 2023, Service Charges rose 34.44% year-over-year to $121.0 million; the TTM figure through Jun 2023 stood at $438.0 million (up 53.15% YoY), while the FY2022 annual figure was $362.0 million, up 5.23% from the prior year.
- Service Charges came in at $121.0 million for Q2 2023 at Fifth Third Bancorp, up 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.
- Average Service Charges over 5 years is $114.2 million, with a median of $109.5 million recorded in 2021.
- Year-over-year, Service Charges tumbled 58.52% in 2021 and jumped 85.71% in 2022.
- Over 5 years, Service Charges stood at $152.0 million in 2019, then increased by 1.32% to $154.0 million in 2020, then plunged by 50.65% to $76.0 million in 2021, then surged by 35.53% to $103.0 million in 2022, then rose by 17.48% to $121.0 million in 2023.
- Per Business Quant data, the three most recent Service Charges figures were $121.0 million in Q2 2023, $110.0 million in Q1 2023, and $103.0 million in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
|---|---|
| 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 |