Fifth Third Bancorp posted steady results for Q1 2025, with EPS of $0.71 and revenue of $2.131 billion. Despite a decline in noninterest income, strong net interest margin expansion and disciplined expense management drove positive operating leverage.
Fifth Third Bancorp reported a strong and consistent performance in 2024, with growth in loans, deposits, and fees in Q4. The company's net interest margin expanded, and expense discipline was maintained. Total consumer households surpassed 2.5 million, and 21 new branches were opened in high-growth markets.
Fifth Third Bancorp reported a solid third quarter in 2024, with net income of $573 million. The results reflect a resilient balance sheet, diversified revenue streams, and disciplined expense management. The company's CET1 capital increased, and it executed a share repurchase and raised its common stock dividend.
Fifth Third Bancorp reported a net income of $601 million for Q2 2024, with diluted earnings per share at $0.81. The results reflect strong profitability, driven by increased net interest income and disciplined expense management, alongside growth in consumer households and wealth and asset management.
Fifth Third Bancorp reported a net income of $520 million for Q1 2024, compared to $530 million in the previous quarter and $558 million in the year-ago quarter. Net income available to common shareholders was $480 million, or $0.70 per diluted share.
Fifth Third Bancorp reported a net income of $530 million for Q4 2023, with diluted earnings per share of $0.72. The results reflect a decrease compared to the previous quarter and year-ago quarter, impacted by certain items including an FDIC special assessment. However, the company saw growth in average deposits and CET1 capital.
Fifth Third Bancorp reported a net income of $660 million for Q3 2023, compared to $601 million in the prior quarter and $653 million in the year-ago quarter. Net income available to common shareholders was $623 million, or $0.91 per diluted share.
Fifth Third Bancorp reported a net income of $601 million for the second quarter of 2023, compared to $562 million in the year-ago quarter. Diluted earnings per share were $0.82, up from $0.76 in the same period last year. The results reflect balance sheet strength, disciplined credit risk management, and diversified revenue streams.
Fifth Third reported first quarter net income of $558 million, or $0.78 per diluted share. The results reflect strength and resiliency of the balance sheet, disciplined credit risk management, and strong and diversified revenue streams.
Fifth Third reported Q4 2022 net income of $737 million, or $1.01 per diluted share. This compares to net income of $653 million in the prior quarter and $662 million in the year-ago quarter. Revenue increased 16% year-over-year, while expenses increased only 1%.
Fifth Third Bancorp reported third quarter 2022 net income of $653 million, or $0.91 per diluted share. The results reflect record adjusted revenue driven by interest-earning assets growth combined with a 30 basis point improvement in net interest margin.
Fifth Third Bancorp reported second quarter net income of $562 million, or $0.76 per diluted share. The results reflect an increase in net interest income and NIM, offset by softer fee revenue.
Fifth Third Bancorp reported first quarter 2022 net income of $494 million, or $0.68 per diluted share. The results reflect a decrease compared to the prior quarter and year-ago quarter, influenced by factors such as lower noninterest income and higher noninterest expense.
Fifth Third Bancorp reported Q4 2021 net income of $662 million, or $0.90 per diluted share. The results reflected strong business momentum and improved, diversified revenues. The company generated record commercial banking and wealth and asset management revenue.
Fifth Third Bancorp reported third quarter 2021 net income of $704 million, or $0.97 per diluted share. The results reflected strong business outcomes and disciplined balance sheet management.
Fifth Third Bancorp reported strong Q2 2021 results, with net income available to common shareholders of $674 million, or $0.94 per diluted share. The bank saw improvements in revenue, well-managed expenses, and low net charge-offs.
Fifth Third Bancorp reported a strong first quarter with net income available to common shareholders of $674 million, or $0.93 per diluted share, compared to $29 million, or $0.04 per diluted share, in the year-ago quarter. The results reflect record commercial banking revenue, continued momentum in household growth, a strong underlying net interest margin, and historically low net charge-offs.
Fifth Third Bancorp reported Q4 2020 net income of $604 million, compared to $581 million in the prior quarter and $734 million in the year-ago quarter. Diluted earnings per share were $0.78. The results reflect strong business performance and improved credit quality compared to the prior quarter.
Fifth Third Bancorp reported a net income of $581 million for Q3 2020, a significant increase compared to the previous quarter's $195 million and a 6% increase year-over-year. Diluted earnings per share were reported at $0.78, up from $0.23 in the prior quarter and $0.71 in the year-ago quarter.
Fifth Third Bancorp reported a net income of $195 million for the second quarter of 2020, compared to $46 million in the previous quarter and $453 million in the year-ago quarter. Net income available to common shareholders was $163 million, or $0.23 per diluted share.
Fifth Third Bancorp reported first quarter 2020 net income of $46 million, a significant decrease from $775 million in the year-ago quarter. Earnings per share were $0.04, impacted by a $0.64 negative impact from certain items, including provision in excess of net charge-offs. The results reflect the impact of the deteriorating economic environment and increased reserves due to the adoption of the new CECL methodology and the impact of COVID-19.
Fifth Third Bancorp reported a strong fourth quarter with net income of $734 million, or $0.96 per diluted share. The results reflect the strength of diversified revenue streams, expense discipline, and the achievement of targeted financial outcomes from the MB Financial acquisition. A pre-tax gain of $345 million was generated from the Worldpay tax receivable agreement (TRA) transaction.