Fifth Third Bancorp (FITB) Revenue & Revenue Breakdown

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Fifth Third Bancorp Revenue Highlights

Latest Revenue (Y)

$12.64B

Latest Revenue (Q)

$3.38B

Main Segment (Y)

Commercial Banking

Fifth Third Bancorp Revenue by Period

Fifth Third Bancorp Revenue by Year

Date	Revenue	Change
2023-12-31	$12.64B	52.39%
2022-12-31	$8.29B	6.36%
2021-12-31	$7.80B	4.11%
2020-12-31	$7.49B	-8.68%
2019-12-31	$8.20B	20.51%
2018-12-31	$6.81B	-1.25%
2017-12-31	$6.89B	11.56%
2016-12-31	$6.18B	-3.20%
2015-12-31	$6.38B	7.99%
2014-12-31	$5.91B	-11.17%
2013-12-31	$6.65B	2.80%
2012-12-31	$6.47B	7.67%
2011-12-31	$6.01B	-5.07%
2010-12-31	$6.33B	-0.71%
2009-12-31	$6.38B	9.27%
2008-12-31	$5.84B	11.56%
2007-12-31	$5.23B	4.10%
2006-12-31	$5.03B	-8.03%
2005-12-31	$5.46B	-0.22%
2004-12-31	$5.48B	1.65%
2003-12-31	$5.39B	10.09%
2002-12-31	$4.89B	15.70%
2001-12-31	$4.23B	70.36%
2000-12-31	$2.48B	8.81%
1999-12-31	$2.28B	39.23%
1998-12-31	$1.64B	37.67%
1997-12-31	$1.19B	12.57%
1996-12-31	$1.06B	21.69%
1995-12-31	$869.10M	12.48%
1994-12-31	$772.70M	16.55%
1993-12-31	$663.00M	-

Fifth Third Bancorp generated $12.64B in revenue during NA 2023, up 52.39% compared to the previous quarter, and up 185.71% compared to the same period a year ago.

Fifth Third Bancorp Revenue by Quarter

Date	Revenue	Change
2024-09-30	$3.38B	0.54%
2024-06-30	$3.36B	2.41%
2024-03-31	$3.28B	-3.18%
2023-12-31	$3.39B	59.05%
2023-09-30	$2.13B	-1.43%
2023-06-30	$2.16B	-2.26%
2023-03-31	$2.21B	-0.23%
2022-12-31	$2.22B	3.21%
2022-09-30	$2.15B	7.40%
2022-06-30	$2.00B	7.58%
2022-03-31	$1.86B	-19.72%
2021-12-31	$2.32B	19.06%
2021-09-30	$1.95B	0.88%
2021-06-30	$1.93B	1.79%
2021-03-31	$1.90B	-2.22%
2020-12-31	$1.94B	4.03%
2020-09-30	$1.86B	2.31%
2020-06-30	$1.82B	-2.57%
2020-03-31	$1.87B	-16.19%
2019-12-31	$2.23B	14.42%
2019-09-30	$1.95B	4.17%
2019-06-30	$1.87B	16.72%
2019-03-31	$1.60B	-1.23%
2018-12-31	$1.62B	3.05%
2018-09-30	$1.57B	3.08%
2018-06-30	$1.53B	3.95%
2018-03-31	$1.47B	-1.93%
2017-12-31	$1.50B	-40.02%
2017-09-30	$2.50B	70.00%
2017-06-30	$1.47B	3.09%
2017-03-31	$1.43B	-4.42%
2016-12-31	$1.49B	-13.96%
2016-09-30	$1.73B	18.44%
2016-06-30	$1.46B	-2.72%
2016-03-31	$1.50B	-7.78%
2015-12-31	$1.63B	3.68%
2015-09-30	$1.57B	4.79%
2015-06-30	$1.50B	2.11%
2015-03-31	$1.47B	-1.93%
2014-12-31	$1.50B	8.23%
2014-09-30	$1.39B	-13.32%
2014-06-30	$1.60B	12.13%
2014-03-31	$1.43B	-8.94%
2013-12-31	$1.57B	-0.95%
2013-09-30	$1.58B	-17.09%
2013-06-30	$1.91B	19.19%
2013-03-31	$1.60B	0.57%
2012-12-31	$1.59B	3.04%
2012-09-30	$1.54B	-1.84%
2012-06-30	$1.57B	-5.92%
2012-03-31	$1.67B	24.22%
2011-12-31	$1.35B	-13.88%
2011-09-30	$1.56B	2.83%
2011-06-30	$1.52B	3.54%
2011-03-31	$1.47B	0.48%
2010-12-31	$1.46B	-15.99%
2010-09-30	$1.74B	15.39%
2010-06-30	$1.51B	-1.12%
2010-03-31	$1.52B	39.43%
2009-12-31	$1.09B	-36.67%
2009-09-30	$1.73B	-49.52%
2009-06-30	$3.42B	132.11%
2009-03-31	$1.47B	61.51%
2008-12-31	$912.00M	-48.76%
2008-09-30	$1.78B	21.92%
2008-06-30	$1.46B	-13.30%
2008-03-31	$1.68B	-

Fifth Third Bancorp generated $3.38B in revenue during Q3 2024, up 0.54% compared to the previous quarter, and up 156.26% compared to the same period a year ago.

Fifth Third Bancorp Revenue Breakdown

Fifth Third Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20
Wealth And Asset Management	$2.00M	$1.00M	-	-
Commercial Banking	$619.00M	$372.00M	$363.00M	$343.00M
Consumer And Small Business Banking	$312.00M	$216.00M	-	-
Investment Advisors	-	-	$1.00M	$1.00M
Branch Banking	-	-	$236.00M	$215.00M
Consumer Lending	-	-	-	-

Fifth Third Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Commercial Banking (66.35%), Consumer And Small Business Banking (33.44%), and Wealth And Asset Management (0.21%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Branch Banking	$78.00M	$74.00M	$62.00M	$59.00M	$64.00M	$61.00M	$57.00M	$54.00M	$55.00M	$53.00M	$42.00M	-	-	-	-	-	-
Wealth And Asset Management	$1.00M	$1.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Banking	$162.00M	$142.00M	$286.00M	$154.00M	$92.00M	$87.00M	$87.00M	$90.00M	$92.00M	$94.00M	$90.00M	$91.00M	$92.00M	$90.00M	$90.00M	$91.00M	$79.00M
Consumer And Small Business Banking	-	$74.00M	$130.00M	$78.00M	$53.00M	$51.00M	$52.00M	$53.00M	-	-	-	-	-	-	-	-	-
Consumer Lending	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment Advisors	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Fifth Third Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Commercial Banking (67.22%), Branch Banking (32.37%), and Wealth And Asset Management (0.41%).

Fifth Third Bancorp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TFC	Truist Financial	$33.25B	$7.83B
USB	U.S. Bancorp	$28.01B	$2.70B
FITB	Fifth Third Bancorp	$12.64B	$3.38B
KEY	KeyCorp	$10.40B	$1.91B
MTB	M&T Bank	$10.22B	$3.39B
HBAN	Huntington Bancshares	$8.92B	$3.05B
RF	Regions Financial	$6.90B	$2.35B
NYCB	New York Community Bancorp	$5.49B	$1.53B
CMA	Comerica	$5.29B	$982.00M
WAL	Western Alliance Ban	$4.33B	$1.29B
ZION	Zions Bancorporation, National Association	$2.71B	$1.28B
FHN	First Horizon	$1.39B	$1.28B
CFG	Citizens Financial Group	$24.12M	$3.06B

FITB Revenue FAQ

What is Fifth Third Bancorp’s yearly revenue?

Fifth Third Bancorp's yearly revenue for 2023 was $12.64B, representing an increase of 52.39% compared to 2022. The company's yearly revenue for 2022 was $8.3B, representing an increase of 6.36% compared to 2021. FITB's yearly revenue for 2021 was $7.8B, representing an increase of 4.11% compared to 2020.

What is Fifth Third Bancorp’s quarterly revenue?

Fifth Third Bancorp's quarterly revenue for Q3 2024 was $3.38B, a 0.54% increase from the previous quarter (Q2 2024), and a 58.54% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $3.36B, a 2.41% increase from the previous quarter (Q1 2024), and a 55.43% increase year-over-year (Q2 2023). FITB's quarterly revenue for Q1 2024 was $3.28B, a -3.18% decrease from the previous quarter (Q4 2023), and a 48.35% increase year-over-year (Q1 2023).

What is Fifth Third Bancorp’s revenue growth rate?

Fifth Third Bancorp's revenue growth rate for the last 3 years (2021-2023) was 62.08%, and for the last 5 years (2019-2023) was 54.10%.

What are Fifth Third Bancorp’s revenue streams?

Fifth Third Bancorp's revenue streams in c 23 are Wealth And Asset Management, Commercial Banking, and Consumer And Small Business Banking. Wealth And Asset Management generated $2M in revenue, accounting 0.21% of the company's total revenue, up 100.00% year-over-year. Commercial Banking generated $619M in revenue, accounting 66.35% of the company's total revenue, up 66.40% year-over-year. Consumer And Small Business Banking generated $312M in revenue, accounting 33.44% of the company's total revenue, up 44.44% year-over-year.

What is Fifth Third Bancorp’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Fifth Third Bancorp was Commercial Banking. This segment made a revenue of $619M, representing 66.35% of the company's total revenue.