Fifth Third Bancorp (BSP:FFTD34) Tax Rate % : 18.46% (As of Dec. 2023)

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What is Fifth Third Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fifth Third Bancorp's Tax Expense for the three months ended in Dec. 2023 was R$588 Mil. Fifth Third Bancorp's Pre-Tax Income for the three months ended in Dec. 2023 was R$3,185 Mil. Therefore, Fifth Third Bancorp's Tax Rate % for the quarter that ended in Dec. 2023 was 18.46%.

Fifth Third Bancorp Tax Rate % Historical Data

The historical data trend for Fifth Third Bancorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fifth Third Bancorp Tax Rate % Chart

Fifth Third Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.55

20.59

21.24

20.92

21.39

Fifth Third Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															22.28	22.45	21.99	18.46	20.97

Fifth Third Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fifth Third Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	3130.972	/	14640.602
	=	21.39 %

Fifth Third Bancorp's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	587.976	/	3184.87
	=	18.46 %

Fifth Third Bancorp Tax Rate % Related Terms

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Fifth Third Bancorp (BSP:FFTD34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fifth Third Bancorp (BSP:FFTD34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

FITBO.PFD:USA FITBP.PFD:USA FITBI.PFD:USA FITB:USA FFH:Germany

Address

38 Fountain Square Plaza, Cincinnati, OH, USA, 45263

Website

https://www.53.com

Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Fifth Third Bancorp (BSP:FFTD34) Headlines

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