Commercial Banking was the largest of Fifth Third Bancorp’s 4 reported lines in fiscal 2017, at $1.72B — 52% of $3.32B.
| Consolidate [Axis]. | FY 2016 | FY 2017 |
|---|---|---|
| Commercial Banking | — | $1.72B |
| Revenuefromcontractwithcustomerincludingassessedtax | -$6.00M | — |
| Branch Banking | — | $1.59B |
| Investment Advisors | — | $6.00M |
| Corporate & Other | — | $6.00M |
| Total | -$6.00M | $3.32B |
In fiscal 2017, which ended December 31, 2017, the 4 revenue lines Fifth Third Bancorp reported in this breakdown added up to $3.32B. Commercial Banking was the largest revenue line, at $1.72B or 51.8% of the total, followed by Branch Banking ($1.59B, 47.8%) and Investment Advisors ($6.00M, 0.2%). Together, the two largest revenue lines made up 99.6% of this total.
Commercial Banking (fiscal 2017), Branch Banking (fiscal 2017), Investment Advisors (fiscal 2017) and Corporate & Other (fiscal 2017) were first reported as separate revenue lines during this period. The table also keeps 1 revenue line that Fifth Third Bancorp no longer reports, so earlier years can still be read on their original basis; use "Show 1 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2016 to 2017, as reported in Fifth Third Bancorp's annual filings.
Commercial Banking was the largest of Fifth Third Bancorp’s 3 reported lines in fiscal 2023, at $2.23B — 64% of $3.48B.
| Statement Business Segments | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2023 |
|---|---|---|---|---|---|
| Commercial Banking | $2.15B | $2.31B | $2.23B | ||
| Branch Banking | — | — | — | ||
| Consumer & Small Business Banking | $1.20B | $1.28B | $1.25B | ||
| Wealth & Asset Management | $6.00M | $6.00M | $6.00M | ||
| Investment Advisors | — | — | — | ||
| Total | $3.35B | $3.60B | $3.48B |
In fiscal 2023, which ended December 31, 2023, the 3 segments Fifth Third Bancorp reported in this breakdown added up to $3.48B. That was down 3.3% from $3.60B in fiscal 2021, the latest earlier year this breakdown was reported. Commercial Banking was the largest segment, at $2.23B or 64.0% of the total, followed by Consumer & Small Business Banking ($1.25B, 35.9%) and Wealth & Asset Management ($6.00M, 0.2%). Together, the two largest segments made up 99.8% of this total.
Compared with fiscal 2021, the latest earlier year reported, every sizeable segment reported in both years shrank. Consumer & Small Business Banking held up best, down 2.8% to $1.25B, while Commercial Banking fell the most, down 3.6% to $2.23B. Over fiscal 2020 to 2023, revenue across these segments went from $3.35B to $3.48B, a compound annual growth rate of 1.2%. Commercial Banking held a steady share of about 64.0%.
The table also keeps 2 segments that Fifth Third Bancorp no longer reports, so earlier years can still be read on their original basis; use "Show 2 discontinued" beneath the table to see them. This breakdown covers 5 fiscal years between 2018 and 2023, as reported in Fifth Third Bancorp's annual filings.
Fifth Third Bancorp (FITB) breaks its revenue down by revenue line and segment. In fiscal 2017, its largest revenue line was Commercial Banking, with $1.72B or 51.8% of the total, followed by Branch Banking at $1.59B (47.8%).
Commercial Banking was Fifth Third Bancorp's largest revenue line in fiscal 2017, with $1.72B in revenue, 51.8% of the $3.32B reported across its 4 revenue lines.
Commercial Banking was Fifth Third Bancorp's largest segment in fiscal 2023, with $2.23B in revenue, 64.0% of the $3.48B reported across its 3 segments.
Every figure is taken from Fifth Third Bancorp's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2016 to 2017. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.