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FIFTH THIRD BANCORP (FITB)

Sector: Financial Services

Financial Fundamentals

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Income Statement

Revenue

$8.2bn

Gross Profit

$8.2bn

Earning before Tax

$3.0bn

Net Income

$2.3bn

Net Income Common Shareholders

$2.2bn

EPS

3.23

Balance Sheet

Cash

$3.1bn

Debt

$19.4bn

Assets

$214.6bn

Liabilities

$195.4bn

Equity

$19.2bn

Enterprise Value

$41.8bn

Cash Flow Statement

Net Cash from Operations

$4.5bn

Net Cash from Investing

$-9.5bn

Net Cash from Financing

$4.7bn

Net Cash Flow

$-0.3bn

Free Cash Flow

$4.1bn

Free Cash Flow per Share

$5.97

Metrics

Price to Equity

10.62

Price to Equity (Damodaran)

10.68

Price to Book

1.23

Net Margin

0.27

Return on Equity

0.12

Return on Sales

0.36

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Company Profile

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The company''s 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. The company''s Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses; home equity loans and lines of credit; credit cards; and cash management services. This segment also engages in the residential mortgage that include origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and hedging activities; indirect lending, including extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers, and marine dealers; and home improvement and solar energy installation loans through contractors and installers. Fifth Third Bancorp''s Wealth & Asset Management segment provides various wealth management services for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.

Company Info

Industry

Banks - Regional

Employees

18,724

Address

38 Fountain Square Plaza
Cincinnati, OH 45263
United States

Phone

800 972 3030

Last Updated

2024-02-08

Available Data

Standardized Financial Statements

EOD Price History

Corporate Actions

Institutional Holdings

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