Fifth Third Bancorp (FITB)

Fifth Third Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	8,145	8,193	7,812	8,265	6,515	7,862
Revenue Growth (YoY)	1.44%	4.88%	-5.48%	26.86%	-17.13%	16.94%
Gross Profit	8,145	8,193	7,812	8,265	6,515	7,862
Selling, General & Admin	5,022	5,000	4,508	4,522	4,457	4,397
Other Operating Expenses	194	205	211	226	261	263
Operating Expenses	5,216	5,205	4,719	4,748	4,718	4,660
Operating Income	2,929	2,988	3,093	3,517	1,797	3,202
Pretax Income	2,929	2,988	3,093	3,517	1,797	3,202
Income Tax	618	639	647	747	370	690
Net Income	2,311	2,349	2,446	2,770	1,427	2,512
Preferred Dividends	153	137	116	111	104	93
Net Income Common	2,158	2,212	2,330	2,659	1,323	2,419
Net Income Growth	-9.74%	-5.06%	-12.37%	100.98%	-45.31%	14.21%
Shares Outstanding (Basic)	686	684	689	702	715	710
Shares Outstanding (Diluted)	691	688	695	711	720	720
Shares Change	0.15%	-1.05%	-2.28%	-1.19%	-0.05%	5.04%
EPS (Basic)	3.15	3.23	3.38	3.78	1.84	3.38
EPS (Diluted)	3.15	3.22	3.35	3.73	1.83	3.33
EPS Growth	-8.96%	-3.88%	-10.19%	103.83%	-45.05%	8.82%
Free Cash Flow	3,203	4,088	5,958	2,442	46	1,610
Free Cash Flow Per Share	4.67	5.97	8.65	3.48	0.06	2.27
Dividend Per Share	1.380	1.360	1.260	1.140	1.080	0.940
Dividend Growth	6.98%	7.94%	10.53%	5.56%	14.89%	27.03%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	35.96%	36.47%	39.59%	42.55%	27.58%	40.73%
Profit Margin	26.49%	27.00%	29.83%	32.17%	20.31%	30.77%
Free Cash Flow Margin	39.32%	49.90%	76.27%	29.55%	0.71%	20.48%
Effective Tax Rate	21.10%	21.39%	20.92%	21.24%	20.59%	21.55%
EBITDA	3,402	3,450	3,529	3,866	2,289	3,674
EBITDA Margin	41.77%	42.11%	45.17%	46.78%	35.13%	46.73%
Depreciation & Amortization	473	462	436	349	492	472
EBIT	2,929	2,988	3,093	3,517	1,797	3,202
EBIT Margin	35.96%	36.47%	39.59%	42.55%	27.58%	40.73%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).