Fifth Third Bancorp - Understand $fitb stock

$FITB Market Cap: $31.42 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$468.0M

TTM

Gross Margin

Net Earnings

$2.065B

TTM

Current Assets

Current Liabilities

$3.627B

Q3 2024

Current Ratio

Total Assets

$214.3B

Q3 2024

Total Liabilities

$193.5B

Q3 2024

Book Value

$20.78B

Q3 2024

Cash

$3.215B

Q3 2024

P/E

15.22

Nov 29, 2024 EST

Free Cash Flow

$4.602B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue	$577.0M	$589.0M	$5.211B	$5.572B	$6.254B	$5.183B	$4.489B	$4.193B	$4.028B	$4.030B	$3.973B	$4.107B	$4.218B	$4.489B	$4.668B
YoY Change	-2.04%	-88.7%	-6.48%	-10.91%	20.66%	15.46%	7.06%	4.1%	-0.05%	1.43%	-3.26%	-2.63%	-6.04%	-3.83%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$577.0M	$589.0M	$5.211B	$5.572B	$6.254B	$5.183B	$4.489B	$4.193B	$4.028B	$4.030B	$3.973B	$4.107B	$4.218B	$4.489B	$4.668B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$464.0M	$416.0M	$388.0M	$362.0M	$422.0M	$285.0M	$245.0M	$234.0M	$224.0M	$212.0M	$204.0M	$196.0M	$188.0M	$189.0M	$181.0M
YoY Change	11.54%	7.22%	7.18%	-14.22%	48.07%	16.33%	4.7%	4.46%	5.66%	3.92%	4.08%	4.26%	-0.53%	4.42%
% of Gross Profit
Depreciation & Amortization	$110.0M	$121.0M	$124.0M	$126.0M	$122.0M	$73.00M	$341.0M	$453.0M	$441.0M	$414.0M	$507.0M	$531.0M	$455.0M	$457.0M	$341.0M	$8.000M	$367.0M	$399.0M	$405.0M	$459.0M	$550.0M	$338.0M	$236.0M	$180.0M	$172.0M	$118.0M	$94.00M	$62.60M	$27.60M
YoY Change	-9.09%	-2.42%	-1.59%	3.28%	67.12%	-78.59%	-24.72%	2.72%	6.52%	-18.34%	-4.52%	16.7%	-0.44%	34.02%	4162.5%	-97.82%	-8.02%	-1.48%	-11.76%	-16.55%	62.72%	43.22%	31.11%	4.65%	45.76%	25.53%	50.16%	126.81%
% of Gross Profit
Operating Expenses	$464.0M	$416.0M	$388.0M	$362.0M	$422.0M	$285.0M	$245.0M	$234.0M	$224.0M	$212.0M	$204.0M	$196.0M	$188.0M	$189.0M	$181.0M
YoY Change	11.54%	7.22%	7.18%	-14.22%	48.07%	16.33%	4.7%	4.46%	5.66%	3.92%	4.08%	4.26%	-0.53%	4.42%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$3.933B	$978.0M	$441.0M	$790.0M	$1.457B	$1.043B	$691.0M	$578.0M	$495.0M	$451.0M	$412.0M	$512.0M	$661.0M	$885.0M	$1.314B
YoY Change	302.15%	121.77%	-44.18%	-45.78%	39.69%	50.94%	19.55%	16.77%	9.76%	9.47%	-19.53%	-22.54%	-25.31%	-32.65%
% of Operating Profit
Other Income/Expense, Net	$184.0M	$295.0M	$218.0M	$221.0M	$232.0M	$210.0M	$186.0M	$187.0M	$191.0M	$181.0M	$193.0M	$169.0M	$194.0M
YoY Change	-37.63%	35.32%	-1.36%	-4.74%	10.48%	12.9%	-0.53%	-2.09%	5.52%	-6.22%	14.2%	-12.89%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Pretax Income	$2.988B	$3.093B	$3.517B	$1.797B	$3.202B	$2.765B	$2.979B	$2.208B	$2.365B	$2.028B	$2.598B	$2.210B	$1.831B	$940.0M	$767.0M	-$2.588B	$1.537B	$1.627B	$2.208B	$2.237B	$2.438B	$2.299B	$1.647B	$1.680B	$1.455B	$1.231B	$1.172B	$975.2M	$880.1M
YoY Change	-3.39%	-12.06%	95.72%	-43.88%	15.8%	-7.18%	34.92%	-6.64%	16.62%	-21.94%	17.56%	20.7%	94.79%	22.56%	-129.64%	-268.38%	-5.53%	-26.31%	-1.3%	-8.24%	6.05%	39.59%	-1.96%	15.46%	18.19%	5.06%	20.16%	10.81%
Income Tax	$639.0M	$647.0M	$747.0M	$370.0M	$690.0M	$572.0M	$577.0M	$665.0M	$659.0M	$545.0M	$772.0M	$636.0M	$533.0M	$187.0M	$30.00M	-$551.0M	$461.0M	$443.0M	$659.0M	$712.0M	$786.0M	$734.0M	$548.0M	$539.0M	$507.0M	$423.5M	$394.6M	$320.5M	$286.6M
% Of Pretax Income	21.39%	20.92%	21.24%	20.59%	21.55%	20.69%	19.37%	30.12%	27.86%	26.87%	29.72%	28.78%	29.11%	19.89%	3.91%		29.99%	27.23%	29.85%	31.83%	32.24%	31.93%	33.27%	32.08%	34.85%	34.4%	33.67%	32.87%	32.56%
Net Earnings	$2.212B	$2.330B	$2.770B	$1.427B	$2.512B	$2.193B	$2.180B	$1.547B	$1.712B	$1.481B	$1.836B	$1.576B	$1.297B	$753.0M	$737.0M	-$2.037B	$1.076B	$1.188B	$1.549B	$1.525B	$1.665B	$1.531B	$1.094B	$1.141B	$948.0M	$807.7M	$777.2M	$654.7M	$593.6M
YoY Change	-5.06%	-15.88%	94.11%	-43.19%	14.55%	0.6%	40.92%	-9.64%	15.6%	-19.34%	16.5%	21.51%	72.24%	2.17%	-136.18%	-289.31%	-9.43%	-23.31%	1.57%	-8.41%	8.75%	39.95%	-4.12%	20.36%	17.37%	3.92%	18.71%	10.29%
Net Earnings / Revenue	383.36%	395.59%	53.16%	25.61%	40.17%	42.31%	48.56%	36.89%	42.5%	36.75%	46.21%	38.37%	30.75%	16.77%	15.79%
Basic Earnings Per Share	$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
Diluted Earnings Per Share	$3.22	$3.353M	$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	-$3.683M	$1.992M	$2.133M	$2.776M	$2.684M	$2.871M	$2.586M	$1.850M	$1.971M	$1.646M	$1.414M	$1.372M	$1.143M	$1.063M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$2.349B	$2.187B	$2.547B	$2.511B	$2.468B	$1.861B	$2.003B	$2.065B	$2.239B	$2.465B	$2.531B	$2.542B	$2.447B	$2.389B	$2.400B	$2.494B	$2.223B	$1.940B	$1.726B	$1.315B	$1.061B	$891.0M	$833.0M	$835.0M
YoY Change	7.41%	-14.13%	1.43%	1.74%	32.62%	-7.09%	-3.0%	-7.77%	-9.17%	-2.61%	-0.43%	3.88%	2.43%	-0.46%	-3.77%	12.19%	14.59%	12.4%	31.25%	23.94%	19.08%	6.96%	-0.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments					$0.00	$420.0M	$219.0M	$414.0M		$394.0M	$423.0M
YoY Change					-100.0%	91.78%	-47.1%			-6.86%
Other Assets	$1.438B							$906.0M		$926.0M	$1.023B		$0.00	$13.00M	$26.00M
YoY Change										-9.48%			-100.0%	-50.0%
Total Long-Term Assets
YoY Change
Total Assets	$214.6B	$207.5B	$211.1B	$204.7B	$169.4B	$146.1B	$142.1B	$142.2B	$141.0B	$138.7B	$130.4B	$121.9B	$117.0B	$111.0B	$113.4B	$119.8B	$111.0B	$100.7B	$105.2B	$94.46B	$91.25B	$80.89B	$71.03B	$69.66B	$62.16B	$58.20B	$55.26B	$51.94B	$45.94B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$601.0M	$599.0M	$520.0M	$527.0M	$555.0M
YoY Change	0.33%	15.19%	-1.33%	-5.05%
Deferred Revenue
YoY Change
Short-Term Debt	$3.054B	$5.018B	$825.0M	$1.018B	$729.0M	$2.227B	$720.0M	$793.0M	$1.076B	$1.700B	$1.664B	$7.181B	$3.585B	$1.853B	$1.597B	$10.25B	$9.174B	$4.217B	$9.569B	$10.03B	$13.17B	$8.823B	$7.453B	$6.344B	$11.20B	$7.063B	$6.989B	$5.792B	$4.104B
YoY Change	-39.14%	508.24%	-18.96%	39.64%	-67.27%	209.31%	-9.21%	-26.3%	-36.71%	2.16%	-76.83%	100.31%	93.47%	16.03%	-84.41%	11.69%	117.55%	-55.93%	-4.56%	-23.87%	49.27%	18.38%	17.48%	-43.35%	58.54%	1.06%	20.67%	41.13%
Long-Term Debt Due						$6.000M
YoY Change
Total Short-Term Liabilities	$5.249B	$1.822B	$946.0M	$800.0M	$1.023B	$496.0M	$385.0M	$107.0M	$2.164B	-$110.0M	-$203.0M	$1.708B	$1.469B	$889.0M	$773.0M	$2.029B	$2.427B	$2.283B	$2.142B	$2.216B	$2.200B	$2.308B	$1.963B	$1.695B	$11.20B	$7.063B	$6.989B	$5.792B	$4.104B
YoY Change	188.09%	92.6%	18.25%	-21.8%	106.25%	28.83%	259.81%	-95.06%	-2067.27%	-45.81%	-111.89%	16.27%	65.24%	15.01%	-61.9%	-16.4%	6.31%	6.58%	-3.34%	0.73%	-4.68%	17.58%	15.81%	-84.86%	58.54%	1.06%	20.67%	41.13%
Long-Term Debt	$16.38B	$13.71B	$11.78B	$14.91B	$14.88B	$14.40B	$14.87B	$14.36B	$15.81B	$14.93B	$9.633B	$7.085B	$9.682B	$9.558B	$10.51B	$13.59B	$12.86B	$12.56B	$15.23B	$13.98B	$9.063B	$6.582B	$7.030B	$6.066B	$2.004B	$3.264B	$2.505B	$1.995B	$1.882B
YoY Change	19.44%	16.45%	-20.99%	0.18%	3.34%	-3.2%	3.62%	-9.2%	5.92%	54.95%	35.96%	-26.82%	1.3%	-9.03%	-22.66%	5.66%	2.38%	-17.53%	8.9%	54.29%	37.69%	-6.37%	15.89%	202.69%	-38.6%	30.3%	25.56%	6.0%
Other Long-Term Liabilities	$4.861B	$5.881B	$4.703B	$3.883B	$2.964B	$2.769B	$2.485B	$2.643B	$2.923B	$2.642B	$3.487B	$2.639B	$3.270B	$2.979B	$2.701B	$3.214B	$1.898B	$2.209B	$1.407B	$1.081B	$1.059B	$440.0M	$666.0M	$531.0M	$1.536B	$1.490B	$1.152B	$923.0M	$861.0M
YoY Change	-17.34%	25.05%	21.12%	31.01%	7.04%	11.43%	-5.98%	-9.58%	10.64%	-24.23%	32.13%	-19.3%	9.77%	10.29%	-15.96%	69.34%	-14.08%	57.0%	30.16%	2.08%	140.68%	-33.93%	25.42%	-65.43%	3.09%	29.34%	24.81%	7.2%
Total Long-Term Liabilities	$21.24B	$19.60B	$16.48B	$18.79B	$17.84B	$17.17B	$17.36B	$17.00B	$18.73B	$17.57B	$13.12B	$9.724B	$12.95B	$12.54B	$13.21B	$16.80B	$14.76B	$14.77B	$16.63B	$15.06B	$10.12B	$7.022B	$7.696B	$6.597B	$3.540B	$4.754B	$3.657B	$2.918B	$2.743B
YoY Change	8.4%	18.9%	-12.29%	5.3%	3.94%	-1.11%	2.12%	-9.26%	6.63%	33.9%	34.92%	-24.92%	3.31%	-5.08%	-21.38%	13.85%	-0.08%	-11.22%	10.42%	48.82%	44.15%	-8.76%	16.66%	86.36%	-25.54%	30.0%	25.33%	6.38%
Total Liabilities	$195.4B	$190.1B	$188.9B	$181.6B	$148.2B	$129.8B	$125.9B	$126.0B	$125.2B	$123.1B	$115.9B	$108.2B	$103.8B	$96.96B	$99.88B	$107.7B	$101.8B	$90.65B	$95.78B	$85.53B	$82.59B	$72.42B	$63.39B	$63.00B	$56.59B	$52.83B	$50.26B	$47.24B	$41.74B
YoY Change	2.78%	0.65%	4.04%	22.54%	14.13%	3.13%	-0.07%	0.61%	1.73%	6.24%	7.1%	4.25%	7.02%	-2.93%	-7.25%	5.78%	12.3%	-5.36%	11.98%	3.57%	14.04%	14.25%	0.62%	11.31%	7.12%	5.12%	6.38%	13.19%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	684.0M shares	689.0M shares	702.0M shares	715.0M shares	710.0M shares	673.0M shares	728.3M shares	757.4M shares	798.6M shares	833.1M shares	869.5M shares	904.4M shares	906.5M shares	790.9M shares	696.0 shares
Diluted Shares Outstanding	688.0M shares	695.0M shares	711.0M shares	720.0M shares	720.0M shares	685.0M shares	740.7M shares	764.5M shares	807.7M shares	843.0M shares	894.7M shares	945.6M shares	949.5M shares	799.4M shares	726.0 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $31.422 Billion

About FIFTH THIRD BANCORP

Fifth Third Bancorp is a bank holding company, which engages in the provision of diversified financial services. The company is headquartered in Cincinnati, Ohio and currently employs 18,579 full-time employees. The company operates three main businesses: Commercial Banking, Consumer and Small Business Banking and Wealth & Asset Management. The Commercial Banking offers credit intermediation, cash management and financial services to large and middle-market businesses and government and professional customers. The Consumer and Small Business Banking segment includes residential mortgage, home equity loans and lines of credit, credit cards, automobile and other indirect lending and other consumer lending activities. Residential mortgage activities include the origination, retention and servicing of residential mortgage loans, sales and securitizations of those loans and all associated hedging activities. The Wealth and Asset Management segment provides a full range of wealth management solutions, such as wealth planning, investment management, banking, insurance, trust and estate services.

Industry: State Commercial Banks Peers: TRUIST FINANCIAL CORP CITIZENS FINANCIAL GROUP INC/RI M&T BANK CORP FIRST REPUBLIC BANK HUNTINGTON BANCSHARES INC /MD/ KEYCORP /NEW/ REGIONS FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC. SVB FINANCIAL GROUP