GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fifth Third Bancorp (NAS:FITBP.PFD) » Definitions » Pre-Tax Income

Fifth Third Bancorp (Fifth Third Bancorp) Pre-Tax Income : $2,929.00 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Fifth Third Bancorp Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Fifth Third Bancorp's pretax income for the three months ended in Mar. 2024 was $658.00 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $2,929.00 Mil. Fifth Third Bancorp's pretax margin was 31.93%.

During the past 13 years, Fifth Third Bancorp's highest Pretax Margin was 51.80%. The lowest was 24.27%. And the median was 38.81%.


Fifth Third Bancorp Pre-Tax Income Historical Data

The historical data trend for Fifth Third Bancorp's Pre-Tax Income 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.

* Premium members only.

Fifth Third Bancorp Pre-Tax Income Chart

Fifth Third Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,202.00 1,797.00 3,517.00 3,093.00 2,988.00

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
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 718.00 775.00 846.00 650.00 658.00

Competitive Comparison of Fifth Third Bancorp's Pre-Tax Income

For the Banks - Regional subindustry, Fifth Third Bancorp's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fifth Third Bancorp's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fifth Third Bancorp's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Fifth Third Bancorp's Pre-Tax Income falls into.



Fifth Third Bancorp Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Fifth Third Bancorp's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+2988
=2,988.00

Fifth Third Bancorp's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+658
=658.00

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,929.00 Mil.

* 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.


Fifth Third Bancorp  (NAS:FITBP.PFD) Pre-Tax Income Explanation

Fifth Third Bancorp's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=658/2061
=31.93%

During the past 13 years, Fifth Third Bancorp's highest Pretax Margin was 51.80%. The lowest was 24.27%. And the median was 38.81%.

* 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.


Fifth Third Bancorp Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Fifth Third Bancorp's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Fifth Third Bancorp (Fifth Third Bancorp) Business Description

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