Fifth Third Bancorp

FITB · NYSE · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986	FY1985
Valuation
Market cap	$30,944	$28,069	$23,488	$22,418	$29,723	$18,817	$20,980	$16,059	$20,707	$18,407	$13,718	$16,979	$18,285	$13,747	$11,530	$11,610	$6,790	$4,568	$13,520	$22,703	$20,915	$26,502	$33,766	$36,239	$38,525	$27,723	$33,426	$21,551	$12,662	$6,651	$4,951	$3,090	$3,171	$3,225	$2,684	$1,298	$1,426	$983	$679	$582	$492
Enterprise value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
P/E (TTM) at period end	13.02×	13.03×	10.62×	9.62×	11.18×	14.22×	8.67×	7.58×	9.84×	12.50×	8.38×	12.01×	10.16×	8.92×	10.54×	23.08×	13.29×	–	12.58×	19.17×	13.50×	17.38×	19.24×	22.16×	35.21×	24.30×	50.04×	39.40×	27.47×	17.40×	17.21×	12.64×	16.14×	19.66×	19.42×	10.78×	13.17×	11.67×	11.30×	10.56×	11.14×
P/S (TTM) at period end	3.43×	3.31×	2.70×	2.68×	3.77×	2.47×	2.52×	2.32×	2.95×	2.92×	2.10×	2.81×	2.69×	2.08×	1.92×	1.83×	0.83×	0.71×	2.47×	4.93×	4.03×	5.13×	6.27×	7.40×	9.11×	7.42×	14.65×	10.65×	8.95×	5.28×	5.70×	4.00×	4.78×	5.43×	5.32×	3.01×	3.62×	–	–	–	–
P/B at period end	1.42×	1.43×	1.23×	1.29×	1.34×	0.81×	0.99×	0.99×	1.28×	1.14×	0.87×	1.09×	1.25×	1.00×	0.87×	0.83×	0.50×	0.38×	1.48×	2.27×	2.21×	2.97×	3.90×	4.28×	5.04×	5.67×	8.20×	5.68×	4.58×	3.10×	2.87×	2.21×	2.65×	3.21×	3.05×	1.66×	2.04×	–	–	–	–
EV / EBITDA (TTM)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
EV / Sales (TTM)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Returns
Return on equity	10.9%	11.0%	11.5%	13.4%	12.0%	5.7%	11.4%	13.0%	13.0%	9.1%	10.3%	9.0%	12.3%	11.2%	8.3%	3.6%	3.8%	(18.1%)	11.7%	11.8%	16.4%	17.1%	20.2%	19.3%	14.3%	23.3%	16.4%	14.4%	16.7%	17.8%	16.7%	17.5%	16.4%	16.3%	15.7%	15.4%	15.5%	–	–	–	–
Return on invested capital	7.7%	6.5%	6.6%	7.5%	8.7%	4.0%	7.5%	7.3%	6.7%	4.9%	5.6%	4.9%	8.0%	6.2%	5.4%	3.2%	3.2%	(6.4%)	3.8%	4.9%	5.0%	5.0%	6.0%	6.8%	5.4%	9.4%	5.1%	5.2%	6.5%	7.8%	8.2%	7.3%	7.9%	8.5%	9.8%	15.8%	15.3%	–	–	–	–
Dividend yield	3.8%	4.2%	4.5%	4.1%	3.0%	4.6%	3.1%	2.9%	2.1%	2.2%	3.1%	2.5%	2.1%	2.2%	1.7%	0.3%	3.6%	14.0%	6.6%	3.8%	3.8%	2.7%	1.9%	1.5%	1.2%	1.6%	0.8%	0.8%	1.1%	1.7%	1.8%	2.4%	1.9%	1.6%	1.7%	3.0%	2.3%	–	–	–	–
Financial health
Current ratio	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.33×	0.28×	0.23×	0.27×	0.05×	0.04×	0.04×	0.04×	0.05×	0.04×	0.04×	0.05×	0.04×	0.06×	0.05×	0.06×	0.07×	0.07×	0.08×	0.10×	0.09×	–	–	–	–
Debt / equity	0.67×	0.97×	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.90×	1.97×	2.40×	1.67×	2.63×	2.69×	2.57×	2.01×	1.90×	1.66×	2.50×	2.00×	1.87×	1.65×	1.41×	1.88×	1.57×	1.48×	1.20×	0.79×	0.70×	–	–	–	–
Effective tax rate	21.5%	20.6%	21.4%	20.9%	21.2%	20.6%	21.5%	20.7%	26.8%	30.1%	27.9%	26.9%	29.7%	28.8%	29.1%	19.9%	3.9%	20.7%	30.0%	27.2%	29.8%	31.8%	31.9%	31.7%	33.3%	32.1%	34.9%	34.4%	33.5%	32.9%	33.2%	33.1%	33.4%	31.5%	30.4%	28.5%	27.6%	–	–	–	–
Share count
Diluted shares outstanding	673	687	688	695	711	720	720	685	741	764	808	843	895	946	950	799	727	553	540	557	558	569	579	631	643	472	703	461	349	357	344	326	310	302	300	298	296	248	224	219	196

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986	FY1985
Revenue and gross profit
Revenue	$11,722	$9,017	$8,479	$8,708	$8,375	$7,888	$7,612	$8,333	$6,930	$7,022	$6,311	$6,536	$6,052	$6,788	$6,594	$6,012	$6,333	$8,136	$6,460	$5,476	$4,608	$5,194	$5,171	$5,388	$4,894	$4,230	$3,737	$2,282	$2,023	$1,414	$1,260	$869	$773	$663	$594	$504	$431	$394	–	–	–	–
Cost of revenue	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Gross profit	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating expenses
Research and development	–	($128)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, general and administrative	($5,419)	($3,779)	($3,163)	($3,114)	($2,971)	($2,984)	($2,952)	($2,836)	($2,502)	($2,364)	($2,319)	($2,181)	($2,081)	($2,279)	($2,309)	($2,221)	($2,198)	($2,117)	($1,885)	($1,712)	($1,652)	($1,416)	($1,492)	($1,162)	($1,107)	($993)	($928)	($505)	($454)	($292)	($281)	($191)	($181)	($153)	($138)	($121)	($113)	($105)	–	–	–	–
Total operating expenses	($7,981)	($5,144)	($4,807)	($4,919)	($4,446)	($4,366)	($4,349)	($3,491)	($3,126)	($2,409)	($3,108)	($3,131)	($3,272)	($3,262)	($3,444)	($3,386)	($3,510)	($1,382)	($3,753)	($2,948)	($2,638)	($2,656)	($2,666)	($2,462)	($2,254)	($2,343)	($1,919)	($1,122)	($1,066)	($630)	($622)	($396)	($372)	($324)	($289)	($250)	($223)	($208)	($84)	($60)	($55)	($44)
Total costs and expenses	($8,458)	($5,806)	($5,563)	($5,720)	($5,282)	($4,371)	($5,815)	($5,131)	($4,165)	($4,043)	($4,103)	($4,171)	($4,024)	($4,190)	($4,384)	($4,181)	($5,393)	($7,369)	($9,124)	($3,939)	($2,981)	($2,986)	($2,934)	($2,861)	($2,500)	($2,579)	($2,057)	($1,256)	($1,189)	($721)	($690)	($438)	($407)	($368)	($355)	($306)	($263)	($244)	–	–	–	–
Operating income	$3,264	$3,211	$2,916	$2,988	$3,093	$3,517	$1,797	$3,202	$2,765	$2,979	$2,208	$2,365	$2,028	$2,598	$2,210	$1,831	$940	$767	($2,664)	$1,537	$1,627	$2,208	$2,237	$2,527	$2,394	$1,651	$1,680	$1,026	$834	$694	$570	$431	$365	$295	$240	$199	$168	$150	$84	$60	$55	$44
Earnings
EBITDA	–	$3,765	$3,411	$3,450	$3,529	$3,866	$2,289	$3,674	$3,125	$3,320	$2,661	$2,806	$2,442	$3,105	$2,741	$2,286	$1,397	$1,108	($2,656)	$1,904	$2,026	$2,613	$2,696	$3,077	$2,732	$1,887	$1,860	$1,130	$952	$763	$632	$458	$395	$325	$273	$214	$178	$161	–	–	–	–
Interest income	$12,310	$9,903	$10,426	$9,760	$6,587	$5,211	$5,572	$6,254	$5,183	$4,489	$4,193	$4,028	$4,030	$3,973	$4,107	$4,218	$4,489	$4,668	$5,608	$6,027	$5,955	$4,995	$4,114	$3,991	$4,129	$4,709	$4,947	$2,738	$2,585	$1,919	$1,772	$1,173	$922	$727	$694	$714	$697	$650	–	–	–	–
Interest expense	($4,361)	($3,921)	($4,796)	($3,933)	($978)	($441)	($790)	($1,457)	($1,043)	($691)	($578)	($495)	($451)	($412)	($512)	($661)	($885)	($1,314)	($2,094)	($3,018)	($3,082)	($2,030)	($1,102)	($1,086)	($1,429)	($2,276)	($2,692)	($1,333)	($1,316)	($1,007)	($931)	($610)	($406)	($291)	($300)	($381)	($403)	($375)	($84)	($60)	($55)	($44)
Pre-tax income	$3,264	$3,211	$2,916	$2,988	$3,093	$3,517	$1,797	$3,202	$2,765	$2,979	$2,208	$2,365	$2,028	$2,598	$2,210	$1,831	$940	$767	($2,664)	$1,537	$1,627	$2,208	$2,237	$2,527	$2,394	$1,651	$1,680	$1,026	$834	$694	$570	$431	$365	$295	$240	$199	$168	$150	–	–	–	–
Income tax expense	($701)	($689)	($602)	($639)	($647)	($747)	($370)	($690)	($572)	($799)	($665)	($659)	($545)	($772)	($636)	($533)	($187)	($30)	$551	($461)	($443)	($659)	($712)	($805)	($759)	($550)	($539)	($358)	($287)	($233)	($188)	($143)	($121)	($99)	($76)	($60)	($48)	($41)	$84	$60	$55	$44
Net income	$2,563	$2,522	$2,314	$2,349	$2,446	$2,770	$1,427	$2,512	$2,193	$2,180	$1,547	$1,712	$1,481	$1,836	$1,576	$1,297	$753	$737	($2,113)	$1,076	$1,184	$1,549	$1,525	$1,755	$1,635	$1,094	$1,141	$668	$547	$461	$382	$288	$244	$196	$164	$138	$120	$108	$84	$60	$55	$44
Per share
Diluted EPS (GAAP)	$2.92	$3.53	$3.14	$3.22	$3.35	$3.73	$1.83	$3.33	$3.06	$2.81	$1.91	$2.01	$1.66	$2.02	$1.66	$1.18	$0.63	$0.67	($3.91)	$1.98	$2.13	$2.77	$2.68	$3.03	$2.59	$1.70	$1.83	$0.95	$1.19	$0.77	$0.63	$0.84	$0.75	$0.12	$0.11	$0.0606	$0.054	$0.0325	$0.34	$0.27	$0.25	$0.23
Basic EPS (GAAP)	$2.96	$3.56	$3.16	$3.23	$3.38	$3.78	$1.84	$3.38	$3.11	$2.86	$1.92	$2.03	$1.68	$2.05	$1.69	$1.20	$0.63	$0.73	($3.91)	$1.99	$2.14	$2.79	$2.72	$3.07	$2.64	$1.74	$1.86	$0.97	$1.20	$0.78	$0.64	$0.57	$0.75	$0.13	$0.11	$0.0606	$0.054	$0.0325	$0.34	$0.27	$0.25	$0.23
Basic shares outstanding	828	668	682	684	689	702	715	710	673	728	757	799	833	869	904	906	791	696	553	538	555	554	560	571	619	628	464	683	453	349	357	342	326	310	302	300	298	296	248	224	219	196
Margins
Gross margin	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating margin	27.8%	35.6%	34.4%	34.3%	36.9%	44.6%	23.6%	38.4%	39.9%	42.4%	35.0%	36.2%	33.5%	38.3%	33.5%	30.5%	14.8%	9.4%	(41.2%)	28.1%	35.3%	42.5%	43.3%	46.9%	48.9%	39.0%	45.0%	45.0%	41.2%	49.0%	45.2%	49.5%	47.3%	44.5%	40.3%	39.4%	39.0%	38.0%	–	–	–	–
Net margin	21.9%	28.0%	27.3%	27.0%	29.2%	35.1%	18.7%	30.1%	31.6%	31.0%	24.5%	26.2%	24.5%	27.0%	23.9%	21.6%	11.9%	9.1%	(32.7%)	19.6%	25.7%	29.8%	29.5%	32.6%	33.4%	25.9%	30.5%	29.3%	27.0%	32.6%	30.3%	33.1%	31.6%	29.6%	27.6%	27.4%	27.9%	27.5%	–	–	–	–

Analyst consensus

Buy51 analysts

Bearish · 2 · Hold · 20 · Bullish · 29

Earnings history

	EPS	Estimate
Q4 2024	$0.90	$0.88	Beat
Q1 2025	$0.73	$0.70	Beat
Q2 2025	$0.90	$0.87	Beat
Q3 2025	$0.93	$0.86	Beat
Q4 2025	$1.08	$1.00	Beat
Q1 2026	$0.15	$-0.10	Beat
Q2 2026	$0.83	$0.84	Miss
Q3 2026	$1.13	$0.83	Beat

Peers

Company overview

IPO dateMar 17, 1980

CEOTimothy N. Spence

Employees25,196

SectorFinancial Services

IndustryBanks - Regional

CountryUS

ExchangeNew York Stock Exchange

Websitewww.53.com

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that provides a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Consumer and Small Banking segment engages in the provision of a range of deposit and loan products to individuals and small businesses; residential mortgage activities, including the origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and associated hedging activities; home equity loans and lines of credit, credit cards, automobile and other indirect lending, and other consumer lending services; and home improvement and solar energy installation loans through contractors and installers. The Wealth and Asset Management segment provides various wealth management services, such as wealth planning, investment management, banking, insurance, trust, and estate services for for individuals, companies, and not-for-profit organizations; retail brokerage services for individual clients; and advisory services for institutional clients. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.

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