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Fifth Third Bancorp  (FITB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

FITB's Revenue Growth by Quarter and Year

Fifth Third Bancorp's Revenue results by quarter and year




FITB Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 2,130.00 2,036.00 1,983.00
III Quarter September - 2,012.00 2,067.00 1,907.00
II Quarter June 2,006.00 1,836.00 2,064.00 1,365.00
I Quarter March 2,049.00 1,834.00 2,098.00 1,260.00
FY   4,055.00 7,812.00 8,265.00 6,515.00



FITB Revenue second quarter 2023 Y/Y Growth Comment
Fifth Third Bancorp achieved in the second quarter 2023, above Company average Revenue improvement of 9.26% year on year, to $ 2,006.00 millions.

Looking into second quarter 2023 results within Regional Banks industry 61 other companies have achieved higher Revenue growth. While Fifth Third Bancorp' s Revenue increase of 9.26% ranks overall at the positon no. 1387 in the second quarter 2023.




FITB Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 4.62 % 2.67 % -5.62 %
III Quarter September - -2.66 % 8.39 % 3.19 %
II Quarter June 9.26 % -11.05 % 51.21 % -25 %
I Quarter March 11.72 % -12.58 % 66.51 % -39.8 %
FY   - -5.48 % 26.86 % -17.13 %

Financial Statements
Fifth Third Bancorp's second quarter 2023 Revenue $ 2,006.00 millions FITB's Income Statement
Fifth Third Bancorp's second quarter 2022 Revenue $ 1,836.00 millions Quarterly FITB's Income Statement
New: More FITB's historic Revenue Growth >>


FITB Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 5.86 % -1.5 % 3.99 %
III Quarter September - 9.59 % 0.15 % 39.71 %
II Quarter June -2.1 % 0.11 % -1.62 % 8.33 %
I Quarter March -3.8 % -9.92 % 5.8 % -40.03 %
FY (Year on Year)   - -5.48 % 26.86 % -17.13 %




Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #62
Financial Sector #316
Overall #1387

Revenue Y/Y Growth Statistics
High Average Low
95.02 % 3.64 % -53.85 %
(June 30, 2009)   (June 30, 2010)
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #62
Financial Sector #316
Overall #1387
Revenue Y/Y Growth Statistics
High Average Low
95.02 % 3.64 % -53.85 %
(June 30, 2009)   (June 30, 2010)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Fifth Third Bancorp's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
100.64 % 2.29 % -46.31 %
(June 30, 2009)  


FITB's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Fifth Third Bancorp disclosed fall in Revenue from the first quarter by -2.1% to $ 2,006.00 millions, from $ 2,049.00 millions released in the previous reporting period.

Some seasonal factors could not salvage the II. Quarter for the Fifth Third Bancorp, Carmen Blanco, a business expert situated in Madrid said, she voiced some caution conserning FITB's perspective.

Within Regional Banks industry 120 other companies have achieved higher Revenue quarter on quarter growth. While Fifth Third Bancorp's Revenue growth quarter on quarter, overall rank is 2568.


Revenue Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #121
Financial Sector #560
Overall #2568
Revenue Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #121
Financial Sector #560
Overall #2568
Revenue Q/Q Growth Statistics
High Average Low
100.64 % 2.29 % -46.31 %
(June 30, 2009)  


FITB's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Fifth Third Bancorp disclosed fall in Revenue sequentially by -2.1% to $ 2,006.00 millions, from $ 2,049.00 millions achived a quarter before.

Even periodic circumstance have not rescue the II. Quarter for the Fifth Third Bancorp, Carmen Blanco, a business expert situated in Madrid pointed out, she cited certan skepticism towards Fifth Third Bancorp's perspective and continued that average sequential Revenue growth is at 2.29% for FITB.

Within Regional Banks industry 120 other companies have achieved higher Revenue quarter on quarter growth. While Fifth Third Bancorp's Revenue growth quarter on quarter, overall rank is 2568.


Fifth Third Bancorp's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 8,197.00 $ 8,027.00 $ 7,812.00 $ 7,718.00 $ 7,773.00
Y / Y Revenue Growth (TTM) 5.45 % 0.32 % -5.48 % -6.02 % -3.46 %
Year on Year Revenue Growth Overall Ranking # 2510 # 0 # 559 # 2528 # 1641
Seqeuential Revenue Change (TTM) 2.12 % 2.75 % 1.22 % -0.71 % -2.85 %
Seq. Revenue Growth (TTM) Overall Ranking # 2480 # 0 # 2760 # 2589 # 1782




Cumulative Revenue growth Comment
Fifth Third Bancorp saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 5.45% year on year, to $ 8,197 millions if the fiscal year would have ended in Jun 30 2023.
Fifth Third Bancorp's trailing twelve months Revenue growth was higher than company's average 1.64% and higher than 0.32% growth in Mar 31 2023.
But sequential increase was slower at 2.12 % from $8027 millions achieved in twelve months ending a quarter Mar 31 2023 Carmen Blanco added on.
Still this was validation of convincing trend, as the typical sequential advancement stands at 1.64%.
The progress was much higher sequentially clinched at 2.12 % jump from $8027 millions in twelve months ending a quarter before.

In the Financial sector 587 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 2510.

Revenue TTM Q/Q Growth Statistics
High Average Low
26.86 %
1.64 %
-26.45 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 167
Financial Sector # 588
Overall # 2510

Revenue TTM Y/Y Growth Statistics
High Average Low
26.86 %
1.64 %
-26.45 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 167
Sector # 579
S&P 500 # 2480
Cumulative Revenue growth Comment
Fifth Third Bancorp saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 5.45% year on year, to $ 8,197 millions if the fiscal year would have ended in Jun 30 2023.
Fifth Third Bancorp's trailing twelve months Revenue growth was higher than company's average 1.64% and higher than 0.32% growth in Mar 31 2023.
But from twelve months ended Mar 31 2023 rise was beneth at 2.12 % from $8027 millions achieved in twelve months ending a quarter before Carmen Blanco continued.
Still this was validation of convincing trend, while the usual Q/Q TTM growth is at 1.64%.
The progress is even stronger from twelve months ended Mar 31 2023 showed at 2.12 % rise from $8027 millions in twelve months ending a quarter before.

In the Financial sector 587 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 2510.

Revenue TTM Q/Q Growth Statistics
High Average Low
26.86 %
1.64 %
-26.45 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 167
Financial Sector # 588
Overall # 2510

Revenue TTM Y/Y Growth Statistics
High Average Low
26.86 %
1.64 %
-26.45 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 167
Sector # 579
S&P 500 # 2480




Other Revenue Growth
Regional Banks Industry Revenue Growth Trends and Statistics
Financial Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
FITB's Revenue Growth Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for FITB's Competitors
Revenue Growth for Fifth Third Bancorp's Suppliers
Revenue Growth for FITB's Customers

You may also want to know
FITB's Annual Growth Rates FITB's Profitability Ratios FITB's Asset Turnover Ratio FITB's Dividend Growth
FITB's Roe FITB's Valuation Ratios FITB's Financial Strength Ratios FITB's Dividend Payout Ratio
FITB's Roa FITB's Inventory Turnover Ratio FITB's Growth Rates FITB's Dividend Comparisons



Companies with similar Revenue fall for the quarter ending Jun 30 2023 within Financial SectorY/Y Change %Revenue for the quarter ending Jun 30 2023
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