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
DateValue
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