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Fifth Third Bancorp (FITB) Tax Rate: 2010-2024

Historic Tax Rate for Fifth Third Bancorp (FITB) over the last 15 years, with Dec 2024 value amounting to 20.64%.

  • 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.
  • Latest data reveals that Fifth Third Bancorp reported Tax Rate of 20.64% as of FY2024, which was down 3.46% from 21.39% recorded in FY2023.
  • Fifth Third Bancorp's 5-year Tax Rate high stood at 21.39% for FY2023, and its period low was 20.59% during FY2020.
  • For the 3-year period, Fifth Third Bancorp's Tax Rate averaged around 20.98%, with its median value being 20.92% (2022).
  • In the last 5 years, Fifth Third Bancorp's Tax Rate slumped by 96bps in 2020 and then spiked by 65bps in 2021.
  • Fifth Third Bancorp's Tax Rate (Yearly) stood at 20.59% in 2020, then soared by 65bps to 21.24% in 2021, then slumped by 32bps to 20.92% in 2022, then soared by 47bps to 21.39% in 2023, then tumbled by 74bps to 20.64% in 2024.