Fifth Third Bancorp Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 3.54B1.54B0.42B0.30B0.23B0.32B0.40B0.34B0.26B0.24B0.47B1.10B-0.39B0.56B0.56B0.56B
Revenue 8.14B6.33B6.01B6.59B6.79B6.05B6.54B0.56B0.55B0.55B0.56B0.56B0.60B0.59B0.58B8.48B
Interest income
Interest income - Loans 3.93B3.82B3.61B3.57B3.45B3.30B3.15B3.23B3.48B4.08B5.05B4.42B4.08B4.95B7.33B7.48B
Interest income - Investments -0.01B-0.00B-0.00B0.04B
Interest Income - Debt Securities 1.37B1.39B1.22B1.37B1.26B1.14B1.10B1.03B1.01B1.08B1.16B1.12B-0.18B1.52B1.77B1.84B
Other interest income 0.00B0.01B0.01B0.00B0.01B0.01B0.01B0.01B0.01B0.03B0.04B0.03B0.04B0.12B0.66B1.11B
Interest Income - Total 4.67B4.49B4.22B4.11B3.97B4.03B4.03B4.19B4.49B5.18B6.25B5.57B5.21B6.59B9.76B10.43B
Interest expenses
Interest Expense - Deposits 0.95B0.59B0.35B0.22B0.20B0.20B0.19B0.20B0.28B0.54B0.89B0.32B0.06B0.45B2.93B3.74B
Interest Expense - Debt 0.32B0.29B0.30B0.29B0.20B0.25B0.31B0.36B0.38B0.45B0.51B0.45B0.38B0.42B0.74B0.89B
Interest Expense - Fed Funds 0.00B0.00B0.01B0.03B0.03B0.00B0.01B0.01B0.01B
Interest Expense - Others 0.03B0.03B0.03B0.01B0.00B0.11B0.25B0.16B
Interest Expenses 1.31B0.89B0.66B0.51B0.41B0.45B0.49B0.58B0.69B1.04B1.46B0.79B0.44B0.98B3.93B4.80B
Interest Income - Net 3.35B3.60B3.56B3.60B3.56B3.58B3.53B3.62B3.80B4.14B4.80B4.78B4.77B5.61B5.83B5.63B
Non-interest income
Interest Income - Total -0.19B2.07B3.13B3.29B3.33B3.26B3.14B3.27B3.54B3.93B4.33B3.69B5.15B5.05B5.31B5.10B
Financial Services Fees 0.20B0.22B0.23B0.25B0.25B0.25B0.22B0.02B0.02B0.44B0.49B0.52B-0.18B0.57B0.58B0.65B
Service Charges 0.63B0.57B0.52B0.52B0.55B0.56B0.56B0.56B0.55B
Investment Gain (Loss) -0.01B0.05B0.05B0.01B0.02B0.02B0.01B0.01B0.00B-0.05B0.04B0.06B-0.01B-0.08B0.02B0.01B
Investment Banking Income 0.04B0.05B0.04B0.02B0.00B0.04B0.01B-0.00B0.00B0.17B0.32B0.28B0.09B0.08B0.07B
Investment Advisory 0.33B0.36B0.38B0.37B0.39B0.41B0.42B0.40B0.42B
Mortgage Banking 0.55B0.65B0.60B0.84B0.70B0.31B0.35B0.28B0.22B0.21B0.29B0.32B0.27B0.21B0.25B0.21B
Card Income 0.61B0.32B0.31B0.25B0.27B0.29B0.30B0.32B0.31B0.33B0.36B0.35B0.40B0.41B0.42B
Other Non-Interest Income 2.72B2.48B1.31B0.84B0.88B0.68B0.98B0.69B1.36B0.80B1.06B0.61B0.33B0.15B0.09B0.07B
Non-Interest Income 4.78B2.73B2.46B3.00B3.23B2.47B3.00B2.70B3.22B2.79B3.54B2.83B3.12B2.77B2.88B2.85B
Operating Items
Amortization - Intangibles 0.06B0.18B0.02B0.01B0.01B0.00B
Depreciation & Amortization - Total 0.12B0.12B0.11B0.11B0.11B0.12B0.12B0.12B0.12B0.12B0.13B0.13B0.14B0.14B0.15B0.15B
Research & Development 0.18B0.19B0.19B0.20B0.20B0.21B0.22B0.23B0.24B0.28B0.42B0.36B0.39B0.42B0.46B0.47B
Wages, Salaries and Other 1.34B1.43B1.48B1.61B1.58B1.45B1.52B1.61B1.63B2.12B2.42B2.59B2.63B2.55B2.69B2.76B
Rent Expense 0.31B0.30B0.30B0.30B0.31B0.31B0.32B0.30B0.29B0.29B0.33B0.35B0.31B0.31B0.33B0.34B
Other Operating Expenses 3.21B0.15B3.15B0.27B0.34B0.15B3.11B3.11B3.12B0.41B3.78B3.88B3.91B3.85B4.26B4.07B
Operating Expenses 3.83B3.85B3.76B4.08B3.96B3.71B3.77B3.76B3.78B3.96B4.66B4.72B4.75B4.72B5.21B5.03B
Operating Income -3.31B-3.34B-3.56B-4.26B-4.26B-4.25B-4.25B-4.75B
EBIT 2.08B1.82B2.49B2.72B3.01B2.48B2.86B-3.31B-3.34B-3.56B-4.26B-4.26B-4.25B-4.25B-4.75B7.71B
Non-operating items
Interest & Investment Income 0.00B0.01B0.00B-0.01B0.00B
Non Operating Income 0.17B0.19B
Net income details
EBT 0.77B0.94B1.83B2.21B2.60B2.03B2.37B2.21B2.98B2.77B3.20B1.80B3.52B3.09B2.99B2.92B
Tax Provisions -0.15B0.19B0.53B0.64B0.77B0.55B0.73B0.81B0.80B0.57B0.69B0.37B0.75B0.65B0.64B0.60B
Profit After Tax 0.74B0.75B1.30B1.58B1.84B1.48B1.71B1.55B2.18B2.19B2.51B1.43B2.77B2.45B2.35B2.31B
Equity Income 0.53B0.06B0.06B0.08B0.05B0.06B0.07B0.05B0.00B0.00B
Income from Non-Controlling Interests 0.00B-0.00B-0.01B0.00B-0.01B-0.00B
Income from Continuing Operations 0.92B0.75B1.30B1.57B1.83B1.48B1.64B1.40B2.18B2.19B2.51B1.43B2.77B2.45B2.35B2.31B
Consolidated Net Income 0.92B0.75B1.30B1.57B1.83B1.48B1.64B1.40B2.18B2.19B2.51B1.43B2.77B2.45B2.35B2.31B
Income towards Parent Company 0.92B0.75B1.30B1.57B1.83B1.48B1.64B1.40B2.18B2.19B2.51B1.43B2.77B2.45B2.35B2.31B
Preferred Dividend Payments 0.23B0.25B0.20B0.04B0.04B0.07B0.07B0.07B0.07B0.07B0.09B0.10B0.11B0.12B0.14B0.16B
Net Income towards Common Stockholders 0.51B0.50B1.09B1.54B1.80B1.41B1.64B1.47B2.10B2.12B2.42B1.32B2.66B2.33B2.21B2.15B
Additional items
EPS (Basic) 0.730.631.191.692.051.682.031.922.863.113.381.843.783.383.233.16
EPS (Weighted Average and Diluted) 0.671.662.021.662.011.912.813.063.331.833.733.353.223.14
Shares Outstanding (Weighted Average) 0.76B0.71B0.66B0.71B0.71B0.68B0.69B0.68B
Shares Outstanding (Diluted Average) 0.76B0.74B0.69B0.72B0.72B0.71B0.69B0.69B
Tax Rate 19.89%29.11%28.78%29.72%26.87%30.87%36.50%26.82%20.69%21.55%20.59%21.24%20.92%21.39%20.64%