Fifth Third Bancorp Income Statement (2016-2024) | FITB

Income Statement Mar2016 Jun2016 Sep2016 Dec2016 Mar2017 Jun2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024
Revenue & Cost
Provisions 119.00M91.00M80.00M54.00M74.00M52.00M67.00M68.00M23.00M33.00M86.00M95.00M90.00M85.00M134.00M161.00M640.00M485.00M-21.00M-13.00M-174.00M-131.00M-58.00M-24.00M50.00M179.00M158.00M180.00M164.00M202.00M137.00M78.00M106.00M114.00M160.00M183.00M
Revenue 1,540.00M1,501.00M1,747.00M1,524.00M1,456.00M1,503.00M138.00M139.00M137.00M137.00M139.00M135.00M131.00M143.00M143.00M148.00M148.00M122.00M144.00M145.00M144.00M149.00M152.00M155.00M152.00M154.00M143.00M140.00M137.00M144.00M149.00M146.00M151.00M156.00M161.00M2,170.00M
Interest income
Interest income - Loans 804.00M808.00M816.00M804.00M839.00M858.00M899.00M883.00M938.00M996.00M1,040.00M1,103.00M1,143.00M1,336.00M1,320.00M1,252.00M1,235.00M1,115.00M1,047.00M1,027.00M1,030.00M1,035.00M1,014.00M1,001.00M983.00M1,081.00M1,315.00M1,577.00M1,714.00M1,831.00M1,899.00M1,889.00M1,859.00M1,871.00M1,910.00M1,837.00M
Interest income - Investments 14.00M11.00M
Interest Income - Debt Securities 285.00M289.00M301.00M150.00M270.00M285.00M293.00M159.00M263.00M267.00M269.00M282.00M281.00M290.00M291.00M300.00M283.00M283.00M274.00M279.00M264.00M279.00M266.00M-989.00M294.00M369.00M414.00M440.00M439.00M437.00M444.00M450.00M455.00M458.00M461.00M465.00M
Other interest income 2.00M2.00M2.00M2.00M2.00M3.00M4.00M5.00M5.00M6.00M6.00M8.00M9.00M10.00M14.00M8.00M7.00M5.00M8.00M9.00M8.00M9.00M12.00M13.00M12.00M14.00M31.00M58.00M60.00M102.00M186.00M308.00M294.00M291.00M298.00M227.00M
Interest Income - Total 1,038.00M1,046.00M1,057.00M1,051.00M1,086.00M1,106.00M1,152.00M1,145.00M1,206.00M1,269.00M1,315.00M1,393.00M1,433.00M1,636.00M1,625.00M1,560.00M1,525.00M1,403.00M1,329.00M1,315.00M1,302.00M1,323.00M1,292.00M1,295.00M1,289.00M1,464.00M1,760.00M2,075.00M2,213.00M2,370.00M2,529.00M2,647.00M2,608.00M2,620.00M2,669.00M2,529.00M
Interest expenses
Interest Expense - Deposits 49.00M50.00M51.00M54.00M59.00M65.00M73.00M80.00M95.00M119.00M144.00M179.00M205.00M243.00M243.00M200.00M166.00M83.00M46.00M27.00M21.00M15.00M12.00M11.00M11.00M25.00M112.00M300.00M478.00M655.00M844.00M952.00M954.00M958.00M968.00M856.00M
Interest Expense - Debt 82.00M90.00M97.00M92.00M90.00M91.00M95.00M101.00M105.00M114.00M112.00M116.00M128.00M131.00M128.00M121.00M122.00M118.00M108.00M105.00M104.00M100.00M91.00M87.00M83.00M87.00M104.00M144.00M156.00M163.00M193.00M228.00M220.00M224.00M238.00M210.00M
Interest Expense - Fed Funds 1.00M1.00M1.00M1.00M2.00M2.00M2.00M5.00M10.00M13.00M12.00M8.00M4.00M6.00M2.00M1.00M3.00M2.00M5.00M5.00M2.00M2.00M3.00M3.00M2.00M3.00M
Interest Expense - Others 6.00M9.00M8.00M5.00M6.00M2.00M5.00M1.00M1.00M1.00M12.00M43.00M52.00M57.00M90.00M52.00M49.00M47.00M48.00M40.00M22.00M
Interest Expenses 135.00M144.00M150.00M148.00M153.00M167.00M182.00M189.00M210.00M249.00M272.00M312.00M351.00M391.00M383.00M332.00M296.00M203.00M159.00M133.00M126.00M115.00M103.00M99.00M94.00M125.00M262.00M498.00M696.00M913.00M1,091.00M1,231.00M1,224.00M1,233.00M1,248.00M1,091.00M
Interest Income - Net 903.00M902.00M907.00M903.00M933.00M939.00M970.00M956.00M996.00M1,020.00M1,043.00M1,081.00M1,082.00M1,245.00M1,242.00M1,228.00M1,229.00M1,200.00M1,170.00M1,182.00M1,176.00M1,208.00M1,189.00M1,196.00M1,195.00M1,339.00M1,498.00M1,577.00M1,517.00M1,457.00M1,438.00M1,416.00M1,384.00M1,387.00M1,421.00M1,438.00M
Non-interest income
Interest Income - Total 784.00M811.00M827.00M849.00M859.00M887.00M903.00M888.00M983.00M1,006.00M959.00M985.00M992.00M1,160.00M1,108.00M1,067.00M589.00M715.00M1,185.00M1,195.00M1,349.00M1,323.00M1,231.00M1,243.00M1,150.00M1,160.00M1,340.00M1,397.00M1,353.00M1,280.00M1,319.00M1,361.00M1,290.00M1,290.00M1,261.00M1,259.00M
Financial Services Fees 52.00M50.00M49.00M-128.00M47.00M49.00M56.00M-129.00M53.00M54.00M112.00M122.00M124.00M129.00M134.00M120.00M132.00M133.00M143.00M145.00M147.00M-616.00M149.00M140.00M141.00M140.00M146.00M143.00M145.00M147.00M161.00M159.00M163.00M164.00M
Service Charges 137.00M138.00M143.00M141.00M138.00M139.00M138.00M139.00M137.00M137.00M
Investment Gain (Loss) 3.00M6.00M4.00M-3.00M1.00M-11.00M-5.00M-6.00M-33.00M16.00M8.00M5.00M10.00M-24.00M21.00M51.00M14.00M3.00M10.00M-1.00M-19.00M-14.00M-32.00M-38.00M4.00M7.00M-7.00M15.00M10.00M3.00M10.00M-8.00M
Investment Banking Income 2.00M-4.00M12.00M2.00M-4.00M81.00M93.00M46.00M89.00M81.00M78.00M37.00M25.00M23.00M24.00M18.00M18.00M22.00M19.00M20.00M14.00M18.00M18.00M17.00M
Investment Advisory 102.00M101.00M101.00M100.00M108.00M103.00M102.00M106.00M113.00M108.00M
Mortgage Banking 78.00M75.00M66.00M66.00M52.00M55.00M63.00M54.00M56.00M53.00M49.00M54.00M56.00M63.00M95.00M73.00M120.00M99.00M76.00M25.00M85.00M64.00M86.00M35.00M52.00M31.00M69.00M63.00M69.00M59.00M57.00M66.00M54.00M50.00M50.00M57.00M
Card Income 79.00M82.00M79.00M79.00M74.00M79.00M79.00M81.00M79.00M84.00M82.00M84.00M79.00M92.00M94.00M94.00M86.00M82.00M92.00M92.00M94.00M102.00M102.00M104.00M97.00M105.00M105.00M103.00M100.00M106.00M104.00M106.00M102.00M108.00M106.00M
Other Non-Interest Income 136.00M105.00M336.00M136.00M107.00M95.00M1,076.00M120.00M460.00M250.00M112.00M9.00M569.00M119.00M130.00M385.00M159.00M163.00M135.00M154.00M109.00M103.00M120.00M64.00M64.00M90.00M59.00M-46.00M22.00M74.00M55.00M-61.00M23.00M7.00M-13.00M48.00M
Non-Interest Income 637.00M599.00M840.00M621.00M523.00M564.00M1,561.00M576.00M909.00M743.00M563.00M575.00M1,101.00M660.00M740.00M1,035.00M671.00M650.00M722.00M787.00M749.00M741.00M836.00M792.00M684.00M676.00M672.00M735.00M696.00M726.00M715.00M744.00M710.00M695.00M711.00M732.00M
Operating Items
Depreciation & Amortization - Total 30.00M30.00M29.00M29.00M28.00M29.00M30.00M29.00M31.00M30.00M31.00M31.00M30.00M33.00M33.00M33.00M32.00M32.00M33.00M33.00M34.00M34.00M34.00M36.00M36.00M36.00M36.00M37.00M37.00M36.00M37.00M38.00M37.00M38.00M38.00M39.00M
Research & Development 56.00M60.00M62.00M56.00M58.00M57.00M62.00M68.00M68.00M67.00M71.00M79.00M83.00M136.00M100.00M103.00M93.00M90.00M89.00M90.00M93.00M94.00M98.00M103.00M101.00M98.00M106.00M110.00M118.00M114.00M115.00M117.00M117.00M114.00M121.00M123.00M
Wages, Salaries and Other 403.00M407.00M400.00M403.00M411.00M397.00M407.00M418.00M447.00M471.00M421.00M776.00M610.00M641.00M584.00M575.00M647.00M627.00M637.00M679.00M706.00M638.00M627.00M655.00M711.00M584.00M605.00M654.00M757.00M650.00M629.00M658.00M753.00M656.00M690.00M664.00M
Rent Expense 77.00M75.00M73.00M73.00M78.00M70.00M74.00M74.00M75.00M74.00M70.00M73.00M75.00M88.00M84.00M84.00M82.00M82.00M90.00M96.00M79.00M77.00M79.00M77.00M77.00M75.00M74.00M82.00M81.00M83.00M84.00M83.00M87.00M83.00M81.00M88.00M
Other Operating Expenses 823.00M818.00M809.00M660.00M822.00M801.00M809.00M693.00M655.00M625.00M469.00M-1329.00M891.00M409.00M513.00M941.00M993.00M917.00M949.00M1,017.00M1,009.00M948.00M961.00M991.00M1,008.00M903.00M951.00M989.00M1,095.00M998.00M952.00M1,217.00M1,101.00M986.00M1,004.00M976.00M
Operating Expenses 986.00M983.00M973.00M818.00M986.00M957.00M975.00M864.00M1,010.00M1,001.00M972.00M974.00M1,097.00M1,243.00M1,159.00M1,161.00M1,200.00M1,121.00M1,161.00M1,236.00M1,215.00M1,153.00M1,172.00M1,207.00M1,222.00M1,112.00M1,167.00M1,218.00M1,331.00M1,231.00M1,188.00M1,455.00M1,342.00M1,221.00M1,244.00M1,226.00M
Operating Income -1002.00M-1141.00M-1056.00M-1058.00M-1083.00M-1019.00M-1040.00M-1121.00M-1094.00M-1024.00M-1049.00M-1087.00M-1094.00M-986.00M-1059.00M-1109.00M-1223.00M-1118.00M-1074.00M-1339.00M-1223.00M-1099.00M-1109.00M
EBIT 570.00M571.00M844.00M800.00M549.00M661.00M1,671.00M789.00M1,092.00M997.00M822.00M898.00M-1002.00M-1141.00M-1056.00M-1058.00M-1083.00M-1019.00M-1040.00M-1121.00M-1094.00M-1024.00M-1049.00M-1087.00M-1094.00M-986.00M-1059.00M-1109.00M-1223.00M-1118.00M-1074.00M-1339.00M-1223.00M-1099.00M-1109.00M1,856.00M
Non-operating items
Interest & Investment Income 2.00M2.00M-2.00M-13.00M-4.00M-1.00M3.00M3.00M2.00M-2.00M3.00M
Net income details
EBT 435.00M427.00M694.00M652.00M396.00M494.00M1,489.00M600.00M882.00M748.00M550.00M586.00M996.00M577.00M689.00M941.00M60.00M244.00M746.00M746.00M883.00M911.00M895.00M828.00M612.00M724.00M845.00M914.00M718.00M775.00M846.00M650.00M658.00M764.00M728.00M765.00M
Tax Provisions 109.00M103.00M178.00M416.00M91.00M127.00M475.00M105.00M181.00M146.00M114.00M130.00M221.00M124.00M140.00M207.00M14.00M49.00M165.00M142.00M189.00M202.00M191.00M165.00M118.00M162.00M192.00M177.00M160.00M174.00M186.00M120.00M138.00M163.00M155.00M145.00M
Profit After Tax 326.00M328.00M516.00M377.00M305.00M367.00M1,014.00M495.00M701.00M602.00M436.00M456.00M775.00M453.00M549.00M734.00M46.00M195.00M581.00M604.00M694.00M709.00M704.00M663.00M494.00M562.00M653.00M737.00M558.00M601.00M660.00M530.00M520.00M601.00M573.00M620.00M
Income from Non-Controlling Interests -4.00M
Income from Continuing Operations 326.00M324.00M516.00M236.00M305.00M367.00M1,014.00M495.00M701.00M602.00M436.00M456.00M775.00M453.00M549.00M734.00M46.00M195.00M581.00M604.00M694.00M709.00M704.00M663.00M494.00M562.00M653.00M737.00M558.00M601.00M660.00M530.00M520.00M601.00M573.00M620.00M
Consolidated Net Income 326.00M324.00M516.00M236.00M305.00M367.00M1,014.00M495.00M701.00M602.00M436.00M456.00M775.00M453.00M549.00M734.00M46.00M195.00M581.00M604.00M694.00M709.00M704.00M663.00M494.00M562.00M653.00M737.00M558.00M601.00M660.00M530.00M520.00M601.00M573.00M620.00M
Income towards Parent Company 326.00M324.00M516.00M236.00M305.00M367.00M1,014.00M495.00M701.00M602.00M436.00M456.00M775.00M453.00M549.00M734.00M46.00M195.00M581.00M604.00M694.00M709.00M704.00M663.00M494.00M562.00M653.00M737.00M558.00M601.00M660.00M530.00M520.00M601.00M573.00M620.00M
Preferred Dividend Payments 15.00M23.00M15.00M23.00M15.00M23.00M15.00M23.00M15.00M23.00M15.00M23.00M15.00M26.00M19.00M33.00M17.00M32.00M19.00M35.00M20.00M35.00M20.00M36.00M20.00M36.00M22.00M38.00M23.00M39.00M37.00M37.00M40.00M40.00M41.00M38.00M
Net Income towards Common Stockholders 311.00M305.00M501.00M354.00M290.00M344.00M999.00M472.00M686.00M579.00M421.00M433.00M760.00M427.00M530.00M701.00M29.00M163.00M562.00M569.00M674.00M674.00M684.00M627.00M474.00M526.00M631.00M699.00M535.00M562.00M623.00M493.00M480.00M561.00M532.00M582.00M
Additional items
EPS (Basic) 0.400.400.660.470.380.461.370.670.980.840.620.661.140.570.720.980.040.230.780.790.940.950.980.910.690.760.911.010.780.820.910.720.700.820.780.86
EPS (Weighted Average and Diluted) 0.400.390.650.470.380.451.350.650.960.820.610.651.120.570.710.960.040.230.780.790.930.940.970.900.680.760.911.010.780.820.910.720.700.810.780.86
Shares Outstanding (Weighted Average) 794.33M767.72M766.37M755.61M750.00M750.27M736.73M705.58M693.80M685.50M668.09M655.62M647.26M734.39M730.49M709.55M709.55M711.91M712.42M712.42M708.70M703.97M690.72M683.76M683.68M686.09M686.19M686.40M678.59M680.72M680.89M681.02M681.22M684.04M676.80M
Shares Outstanding (Diluted Average) 777.76M771.28M766.78M764.50M760.81M756.55M748.71M741.00M704.10M700.13M693.08M685.49M671.00M748.00M736.09M720.07M720.36M719.00M719.00M720.00M723.43M721.00M716.00M711.20M696.24M696.00M695.21M695.00M690.00M688.00M688.00M688.00M691.00M691.08M689.26M
EBITDA 600.00M601.00M873.00M829.00M577.00M690.00M1,701.00M818.00M1,123.00M1,027.00M853.00M929.00M-972.00M-1108.00M-1023.00M-1025.00M-1051.00M-987.00M-1007.00M-1088.00M-1060.00M-990.00M-1015.00M-1051.00M-1058.00M-950.00M-1023.00M-1072.00M-1186.00M-1082.00M-1037.00M-1301.00M-1186.00M-1061.00M-1071.00M1,895.00M
Tax Rate 25.06%24.12%25.65%63.80%22.98%25.71%31.90%17.50%20.52%19.52%20.73%22.18%22.19%21.49%20.32%22.00%23.33%20.08%22.12%19.03%21.40%22.17%21.34%19.93%19.28%22.38%22.72%19.37%22.28%22.45%21.99%18.46%20.97%21.34%21.29%18.95%