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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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $8.8B | - | $2.5B | $3.8B | 12.6% | 6.6% | 9.0% |
| 2024 | $8.3B | - | $2.3B | $2.4B | 13.2% | -1.8% | -1.5% |
| 2023 | $8.4B | - | $2.3B | $4.0B | 13.8% | 4.0% | -4.0% |
| 2022 | $8.1B | - | $2.4B | $5.7B | 16.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 8,102 | 8,429 | 8,274 | 8,821 |
| Operating Revenue | - | 8,102 | 8,429 | 8,274 | 8,821 |
| Selling General And Administration | - | 2,971 | 3,338 | 3,191 | 3,217 |
| Interest Income | - | 6,587 | 9,760 | 10,426 | 9,903 |
| Interest Expense | - | 978 | 3,933 | 4,796 | 3,921 |
| Net Interest Income | - | 5,609 | 5,827 | 5,630 | 5,982 |
| Pretax Income | - | 3,093 | 2,988 | 2,916 | 3,211 |
| Tax Provision | - | 647 | 639 | 602 | 689 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.26 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 2,446 | 2,349 | 2,314 | 2,522 |
| Net Income From Continuing And Discontinued Operation | - | 2,446 | 2,349 | 2,314 | 2,522 |
| Net Income From Continuing Operation Net Minority Interest | - | 2,446 | 2,349 | 2,314 | 2,522 |
| Net Income | - | 2,446 | 2,349 | 2,314 | 2,522 |
| Net Income Common Stockholders | - | 2,328 | 2,212 | 2,155 | 2,376 |
| Net Income Including Noncontrolling Interests | - | 2,446 | 2,349 | 2,314 | 2,522 |
| Normalized Income | - | 2,450.74 | 2,349 | 2,314 | 2,522 |
| Diluted NI Availto Com Stockholders | - | 2,328 | 2,212 | 2,155 | 2,376 |
| Basic Average Shares | - | 688.63 | 684.17 | 682.16 | 668.14 |
| Diluted Average Shares | - | 694.95 | 687.68 | 687.30 | 672.50 |
| Reconciled Depreciation | - | 436 | 462 | 495 | 554 |
| Total Unusual Items | -10 | -6 | -217 | -7 | - |
| Total Unusual Items Excluding Goodwill | -10 | -6 | -217 | -7 | - |
| Preferred Stock Dividends | - | 116 | 137 | 159 | 146 |
| Special Income Charges | -10 | -6 | -217 | -7 | - |
| Gain On Sale Of Business | - | -7 | 0 | 7 | - |
| Other Special Charges | 10 | -1 | 217 | 14 | - |
| Gain On Sale Of Security | - | -98 | -32 | -88 | -6 |
| Depreciation Amortization Depletion Income Statement | 44 | 47 | 43 | 35 | - |
| Depreciation And Amortization In Income Statement | 44 | 47 | 43 | 35 | - |
| General And Administrative Expense | - | 2,853 | 3,212 | 3,076 | 3,075 |
| Salaries And Wages | - | 2,554 | 2,694 | 2,763 | 2,815 |
| Insurance And Claims | - | 132 | 385 | 181 | 114 |
| Rent Expense Supplemental | - | 167 | 133 | 132 | 146 |
| Selling And Marketing Expense | - | 118 | 126 | 115 | 142 |
| Rent And Landing Fees | - | 167 | 133 | 132 | 146 |
| Otherunder Preferred Stock Dividend | 7 | 2 | - | - | - |
| Amortization | 44 | 47 | 43 | 35 | - |
| Amortization Of Intangibles Income Statement | 44 | 47 | 43 | 35 | - |
| Occupancy And Equipment | - | 452 | 479 | 492 | 518 |
| Professional Expense And Contract Services Expense | - | 54 | 53 | 49 | 53 |
| Other Non Interest Expense | - | 984 | 1,130 | 1,125 | 1,191 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Fifth Third Bancorpthis co. | FITB | $46.9B | 18.61↓ discount | 2.35 | 12.6% | - |
| Arthur J. Gallagher & Co. | AJG | $54.2B | 36.29 | 2.32 | 6.4% | 18.26 |
| MetLife, Inc. | MET | $53.7B | 15.89 | 1.89 | 11.9% | - |
| Nasdaq, Inc. | NDAQ | $50.0B | 27.98 | 4.09 | 14.6% | 18.81 |
| State Street Corporation | STT | $45.0B | 15.30 |
| - |
| - |
| - |
| - |
| - |
| 1.86 |
| 12.1% |
| - |
| MSCI Inc. | MSCI | $45.0B | 37.44 | -16.96 | -45.3% | 26.42 |
| Coinbase Global, Inc. | COIN | $43.2B | 34.31 | 2.92 | 8.5% | 22.15 |
| Ares Management Corporation | ARES | $43.0B | 81.62 | 15.29 | 18.7% | 24.30 |
| Ameriprise Financial, Inc. | AMP | $40.9B | 11.48 | 6.25 | 54.4% | - |
| Peer Median | - | 31.14 | 2.62 | 12.0% | 22.15 | |