Fifth Third Bancorp (FITB) Tax Rate: 2016-2024
Historic Tax Rate for Fifth Third Bancorp (FITB) over the last 9 years, with Dec 2024 value amounting to 18.95%.
- Fifth Third Bancorp's Tax Rate rose 49.00% to 18.95% in Q4 2024 from the same period last year, while for Dec 2024 it was 20.62%, marking a year-over-year decrease of 79.00%. This contributed to the annual value of 20.64% for FY2024, which is 74.00% down from last year.
- According to the latest figures from Q4 2024, Fifth Third Bancorp's Tax Rate is 18.95%, which was down 10.98% from 21.29% recorded in Q3 2024.
- In the past 5 years, Fifth Third Bancorp's Tax Rate ranged from a high of 23.33% in Q1 2020 and a low of 18.46% during Q4 2023.
- In the last 3 years, Fifth Third Bancorp's Tax Rate had a median value of 21.31% in 2024 and averaged 20.96%.
- Its Tax Rate has fluctuated over the past 5 years, first plummeted by 296bps in 2020, then skyrocketed by 300bps in 2023.
- Fifth Third Bancorp's Tax Rate (Quarterly) stood at 19.03% in 2020, then spiked by 89bps to 19.93% in 2021, then slumped by 56bps to 19.37% in 2022, then crashed by 90bps to 18.46% in 2023, then soared by 49bps to 18.95% in 2024.
- Its Tax Rate was 18.95% in Q4 2024, compared to 21.29% in Q3 2024 and 21.34% in Q2 2024.