Fifth Third Bancorp (FITB) Tax Rate (2009 - 2026)
Fifth Third Bancorp's Tax Rate was 22.68% in Q2 2026, up 0.41 percentage points from 22.28% a year earlier.
Fifth Third Bancorp (FITB) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fifth Third Bancorp's Tax Rate was 21.84% through Jun 30, 2026, up 0.92 percentage points year-over-year; for FY2025, it came in at 21.46%, up 0.81 percentage points from FY2024.
- Tax Rate shows a five-year change of +0.87 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 20.64% in FY2024 (-0.74 pp), 21.39% in FY2023 (+0.47 pp), 20.92% in FY2022 (-0.32 pp) and 21.24% in FY2021 (+0.65 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q3 2022.
- Compared with a year earlier, Tax Rate was higher in six of the last seven quarters, with an average year-over-year change of +0.49 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2023 (a gain of 3.00 percentage points); the worst was Q1 2022 (a drop of 2.12 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Fifth Third Bancorp | 48.03 Bn | -34.20 Bn | - | 22.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.68% |
| Dec 31, 2025 | 19.93% |
| Sep 30, 2025 | 22.46% |
| Jun 30, 2025 | 22.28% |
| Mar 31, 2025 | 21.13% |
| Dec 31, 2024 | 18.95% |
| Sep 30, 2024 | 21.29% |
| Jun 30, 2024 | 21.34% |
| Mar 31, 2024 | 20.97% |
| Dec 31, 2023 | 18.46% |
| Sep 30, 2023 | 21.99% |
| Jun 30, 2023 | 22.45% |
| Mar 31, 2023 | 22.28% |
| Dec 31, 2022 | 19.37% |
| Sep 30, 2022 | 22.72% |
| Jun 30, 2022 | 22.38% |
| Mar 31, 2022 | 19.28% |
| Dec 31, 2021 | 19.93% |
| Sep 30, 2021 | 21.34% |
| Jun 30, 2021 | 22.17% |
Fifth Third Bancorp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FITB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FITB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FITB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();