FITB (Fifth Third Bancorp) Tax Rate % : 18.95% (As of Dec. 2024)

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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. 2024 was $145 Mil. Fifth Third Bancorp's Pre-Tax Income for the three months ended in Dec. 2024 was $765 Mil. Therefore, Fifth Third Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 was 18.95%.

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

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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20.59

21.24

20.92

21.39

20.64

Fifth Third Bancorp Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															18.46	20.97	21.34	21.29	18.95

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. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	602	/	2916
	=	20.64 %

Fifth Third Bancorp's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	145	/	765
	=	18.95 %

Fifth Third Bancorp Tax Rate % Related Terms

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Fifth Third Bancorp Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

FITBO.PFD:USA FITBP.PFD:USA FITBI.PFD:USA 0IM1:UK 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 branches and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Executives

Kala Gibson	officer: EVP	38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kevin P Lavender	officer: EVP	C/O AMSURG CORPORATION, 20 BURTON HILLS BLVD., 5TH FLOOR, NASHVILLE TN 37215
James C. Leonard	officer: SVP & Treasurer	38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263
Timothy Spence	officer: EVP & CSO	38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Robert P Shaffer	officer: EVP and CHRO	38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Kristine R. Garrett	officer: EVP	38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Jude Schramm	officer: EVP and CIO	38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Mitchell Feiger	director	C/O MB FINANCIAL INC, 1200 NORTH ASHLAND AVE, CHICAGO IL 60622
Susan B Zaunbrecher	officer: EVP and CLO	38 FOUNTAIN SQUARE PLAZA MD 10909F, CINCINNATI OH 45263
C. Bryan Daniels	director	MB FINANCIAL INC/MD, 6111 NORTH RIVER ROAD, ROSEMONT IL 60018
Kathleen A Rogers	director	US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Laurent Desmangles	director	38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Evan Bayh	director	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Gary R Heminger	director	C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Howard Hammond	officer: EVP	38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263